Gold - The Next Top Performing Asset to 2020 & Beyond
Commodities / Gold and Silver 2016 May 23, 2016 - 03:33 PM GMT2016 has been a great year for gold. Its currently up 17%.
This is the best time to invest in gold for the long-term investor.
The Elliott Wave Principle is a form of ‘technical analysis’ that believes investors move between periods of bullish and bearish thinking in a reasonably consistent pattern.
The Elliott Wave Principle is based on his ‘empirically’ derived discovery in the 1930s that market prices move in recognizable, repeating patterns and that these patterns reflect a basic natural harmony manifested in the inherent herding behavior of crowds. Elliott discovered that these crowd behavior cycles appeared at every time scale and whilst they were repetitive in structure they were not always repetitive in amplitude or the time taken to form.
Applying this principle, bullish sentiment moves prices up in five moves of alternating peaks and valleys, eventually pushing price of gold to a new high. This is followed by three bearish moves pushing prices lower.
My current analysis is that gold has hit the bottom of its recent down cycle and the price gains it has made since 2016 are forming a new substantial upward trend. The U.S. dollar price of Gold is in an uptrend with a bullish Elliott Wave structure.
My subscribers know that I am bullish on gold and believe that it is one of the top asset class’ to own for the future, during the next crisis.
The U.S. dollar price of Gold is in an uptrend with a bullish Elliott Wave structure.
Today, the first best investment opportunity is to be in is gold. Yes, you read it right; GOLD will be a top performing investment over the next three to five years. I am going to position you for the next investment set ups that you will not hear from watching financial television or listening to news.
I have been waiting, a very long time to present this ‘opportunity’ to you with my ‘’predictive analytics models’ which have confirmed the early stages of this multi-year uptrend as there are many ways to profit from this move.
Gold is a physical asset which will increase value:
Gold is one of only a few asset class’, which will maintain its value during times of ‘financial crisis’. It has done so previously in the past and I observed its performance during the beginning of the year, in which its ‘status’ affirms it as the preferred safe haven. There will be times during this next ‘crisis’ when different assets classes will be in focus. I will continue to guide you as to the best assets become in favor during this period of time.
If you are holding any stocks, this current rally is likely the last chance to liquidate your holdings; gold has given one an excellent buying opportunity and should be used to purchase this for the long-term period.
You are now prepared with your cash to take advantage of this rare opportunity in several ‘asset classes’, while profiting from the next huge stock market meltdown.
There are times when making money in stocks should not be your priority; the main goal should be to sit tight with your cash and wait for the next re-entry into gold. Do not fall for the various ‘so called’ experts who advocate being fully invested in stocks, today. If you have not made your fortune in the last 7 years’ stock market run, you certainly are not going to at this point in time.
Who else follows this strategy of holding gold and cash?
Who would you rather follow? Jesse Livermore, Jim Rogers, and Warren Buffet, all extremely successful investors or some unknown expert who is on a business television channel, giving you the next ‘hot tip’ or advice. Berkshire Hathaway, a Warren Buffet company. Has over $56.16 billion in cash and cash equivalents. Being an astute investor, he is holding large amounts of cash waiting for the next opportune moment to invest. His ability to hold cash and wait for the right time has made him the most successful investor in the history of Wall Street.
Jim Rogers, the famous commodity Guru, has a huge investment in gold. Most of the time, waiting until he finds screaming bargains. Jim stays away from the markets for long periods of time, entering only when there is “panic” all around and there is a “fire sale” on assets.
A famous quote from Jesse Livermore says it all:
“There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily or sufficient knowledge to make his play an intelligent play.”
Conclusion:
Staying in cash is an opportunity to buy when everyone else is selling in panic. A smart investor should keep his shopping list ready and pick his favorite ‘asset classes’ during market downturns. What percentage of your portfolio you should hold in cash depends on your investing philosophy, but in the current scenario, let your cash holding be the maximum you have ever held in your portfolio.
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Chris Vermeulen is Founder of the popular trading site TheGoldAndOilGuy.com. There he shares his highly successful, low-risk trading method. For 7 years Chris has been a leader in teaching others to skillfully trade in gold, oil, and silver in both bull and bear markets. Subscribers to his service depend on Chris' uniquely consistent investment opportunities that carry exceptionally low risk and high return.
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