Your Best Shot at Life-Changing Returns
Your best shot at life-changing returns... One of easiest and surest ways to earn a fortune in the markets... Take advantage of this opportunity today... How to join us on Tuesday...
Editor's note: The stock market and our offices are closed Monday in observance of Memorial Day. We'll pick back up with our normal publishing schedule Tuesday. Enjoy the holiday.
In today's Digest, a powerful idea most of you have never considered... one that offers a legitimate shot at life-changing returns over the next several years.
That is not hyperbole. And it's not a wild marketing claim.
This idea is simple. So simple you'll be tempted to dismiss it. But make no mistake...
What you'll read below represents one of the easiest and surest ways to earn a fortune in the markets.
And right now – today – may be the single best opportunity you'll ever have to put it to use.
Fair warning... This idea involves thinking about the markets a little differently. It also requires a little patience and discipline... Traits most folks don't possess, and have little desire to develop.
But as you'll soon see, it's well worth the effort...
Like many of the ideas we discuss in these pages, this one is a favorite of many of the greatest investors and traders in history.
Over the years, it has been described in many ways, but legendary investor Jim Rogers may have said it best...
I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.
In other words, don't risk your hard-earned money on every opportunity you come across. Instead, focus on opportunities where the odds are stacked heavily in your favor.
This is the opposite of what most investors do...
The average investor doesn't have the patience to wait for high-conviction opportunities. He feels like he always has to be doing something...
He racks up huge brokerage commissions buying and selling, constantly looking for the next "hot" stock tip. He has dozens and dozens of positions and can't remember when or why he bought many of them.
He would be far better off following Rogers' example...
Of course, that can mean different things to different investors and in different circumstances...
It may mean buying only great businesses at good prices, or companies trading at substantial discounts...
It may mean buying only assets that are extremely cheap or hated, or selling assets that are extremely expensive and popular...
Or it may even mean trading only high-probability or low risk-to-reward chart patterns.
In any case, the idea is the same...
Don't waste your time and money chasing every opportunity you come across. Be willing to hold cash and wait for great opportunities where the odds are overwhelmingly stacked in your favor.
Again, this requires patience and discipline.
These opportunities don't come along every day. The very best ones may come along only once a decade or more.
Because we believe you have exactly this type of opportunity today.
And many of those same legendary investors – including folks like Rogers, George Soros, Stanley Druckenmiller, Seth Klarman, David Einhorn, Paul Singer, and Ray Dalio – agree.
As you might have guessed, we're referring to gold...
Longtime Digest readers know we've recommended everyone own some gold for years.
The reasons are simple: Gold is the world's oldest and most enduring form of money... It's the only currency that can't be printed or inflated by governments... And it's the only asset that isn't someone else's liability. It's the ultimate "crisis insurance."
Today, these reasons are more important than ever...
As we've explained, central banks around the world have slashed interest rates and printed trillions of dollars in a desperate attempt to stave off an economic crisis.
Ultimately, these policies are doomed to fail. Printing money cannot create wealth. Yet they are sure to continue for one simple reason: It's the path of least resistance for bankrupt governments.
It's far more palatable for governments to inflate away their bad debts by devaluing their currencies – which can then always be blamed on someone else – than to write off those debts or default.
So regardless of what you might read in the financial media, we believe these policies are certain to continue... and to grow more extreme as time goes on.
This applies to the Federal Reserve as well...
As we've reported, several Fed officials have hinted that a second interest-rate hike could be coming in June. In fact, Fed Chair Janet Yellen became the latest to do so in a speech this afternoon.
We wouldn't be surprised to see the Fed raise rates next month. But we don't expect this situation to last long...
Several of the world's major central banks – including those of Europe and Japan – have already pushed rates into negative territory to weaken their currencies and fight deflation.
Sooner or later, the Fed will have to follow them... otherwise the dollar will soar and create even bigger problems here at home. Raising rates will only hasten this trend.
Ultimately, the Federal Reserve will have no choice but to follow the same playbook as Europe and Japan.
These policies are virtually guaranteed to end in disaster... and cause a flight of capital into gold like never before in history.
We aren't surprised to see gold selling off today.
As we've explained, gold soared to start the year. The rally brought in a lot of new money. Sentiment became "frothy."
But the fundamentals behind the rally are still in place. Demand for gold is soaring. Gold stocks are still terribly undervalued. And the entire sector is still relatively unloved and unowned by most investors.
In short, we've never been so sure gold is going higher.
We believe gold could rise to $10,000 or more before the bull market ends... while certain gold stocks could soar up to 50 times their current prices.
And we believe the recent pullback may be your last great buying opportunity before the bull market resumes.
That's why we're hosting a special online event next Tuesday, May 31.
During this live event, you'll hear why Porter believes this summer will be remembered as the time the gold "mania" officially began.
You'll also hear from a special guest – one of the smartest guys in the resource world – who will share exactly what he's seeing today.
And you'll get our No. 1 gold-stock recommendation for new money today.
Unlike most of our online events, this one is not open to the public... Due to the sensitive nature of the discussion, this event will be limited to Stansberry Gold Investor subscribers only.
To give all of our readers a chance to attend, Porter has agreed to open Stansberry Gold Investor to new subscribers for a limited time.
If you weren't able to become a charter subscriber of Stansberry Gold Investor last month, you will never have a better chance to do so. Thanks to the recent correction, several of our gold recommendations are now back in buy range.
Click here to learn more about Stansberry Gold Investor... and how you can join us at Tuesday's special event.
Whether you decide to join us or not, we hope you'll take today's message to heart.
Despite our repeated pestering, if you still haven't bought gold, we urge you to do so now... This is one of the best opportunities you may ever get.
New 52-week highs (as of 5/26/16): PNC Financial Services – Series P (PNC-PP).
Enjoy the holiday weekend. Drop us a line and let us know how you're spending it at feedback@stansberryresearch.com.
Regards,
Justin Brill
Baltimore, Maryland
May 27, 2016
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