Don't Dismiss This Rally in Gold
Last call to join us in Vegas... Tickets for the 2019 Stansberry Conference are nearly gone... Don't dismiss this rally in gold... 'This is no flash in the pan'...
We'll begin today with a bit of 'housekeeping'...
Your chance to join us in Las Vegas for the 2019 Stansberry Conference & Alliance Meeting could soon be over.
You see, there are now less than 50 two-day tickets remaining for this year's event... which means we could sell out at any time.
As you've likely heard, we're back at the beautiful Aria Resort & Casino this year. And while we'll be adding more speakers and presenters in the weeks ahead, this year's lineup is already shaping up to be the best yet. Some of the notable names you'll hear from include...
Dr. Nouriel Roubini, who earned the nickname "Dr. Doom" for his bearish warnings ahead of the 2008 financial crisis...
Famed short-seller Marc Cohodes, who has uncovered a number of huge Wall Street frauds – including Valeant Pharmaceuticals, which plunged nearly 90% in 2016...
Christopher Cole, the brilliant founder of Artemis Capital Management and one of the world's top experts on market volatility. Christopher was one of the few investors in the world to foresee the February 2018 "volatility panic"...
Pioneering bitcoin investor and cryptocurrency entrepreneur Charlie Shrem...
Jim Grant, the legendary founder and editor-in-chief of the critically-acclaimed Grant's Interest Rate Observer...
And bestselling author and financial journalist Nomi Prins.
Of course, some of the most-celebrated presentations in years past had nothing to do with investing or finance at all...
And again, this year promises to be no exception. Some of this year's "non-financial" speakers include...
Legendary comedian and political commentator Dennis Miller...
Veteran NASA and SpaceX astronaut Garrett Reisman...
Master magician Richard Turner, star of the upcoming documentary Dealt and one of the world's most-skilled card manipulators...
And former FBI crisis and hostage negotiator Chris Voss, among others.
If you've never joined us at the Stansberry Conference, we urge you to consider it...
While we will be offering online-streaming access to this event as well, there's simply nothing quite like experiencing it all in person.
It's also a rare chance to meet and mingle with some of the biggest names in the financial world, all your favorite Stansberry editors, and hundreds of your fellow, like-minded subscribers.
And this year, we're once again making the best deal we've offered... including a full $500 in credit that you can put toward one new subscription to any Stansberry product. Click here to learn more and secure your spot today.
Please note: If you're a Stansberry Alliance member and would like to attend this year's event, we encourage you to contact our VIP Conference team for special pricing. You can reach them by phone at (800) 201-4147, Monday through Friday from 9 a.m. to 5 p.m. Eastern time. You can also e-mail them directly at events@stansberryresearch.com.
Switching gears, we've spent a lot of time talking about gold lately...
There's a good reason for this...
Over the last several years, stocks, bonds, and most other financial assets have soared in value. But precious metals – and commodities, in general – were left behind.
Now, that could finally be changing.
After a brutal four-year bear market that saw gold lose nearly 40% of its value... followed by several years of grinding price action that caused even the most ardent gold bugs to throw in the towel... a legitimate breakout appears to be underway.
Steve Sjuggerud summed up the situation in the latest issue of True Wealth Opportunities: Commodities, just published yesterday...
This is it, my friend. This is the big one. The one we've expected to happen...
If you're like me, you've been waiting on this for a while. It seems like year after year, we get a teaser. A minor run higher that fizzles out.
It's been frustrating to watch. But as best I can tell, this is no flash in the pan. This is the real thing.
The next gold boom is here.
Now, as Steve noted, a lot of folks have made similar statements in recent years only to be proven wrong...
Gold has staged several promising rallies that have all ended the same way... with no major breakout and yet another decline. But Steve says that's not happening this time...
Gold has finally staged a major breakout. The metal soared above $1,400 an ounce last month. We haven't seen prices that high since 2013...
If you've read my work for long, you know how important this is when it comes to investing. It doesn't matter how cheap an opportunity is, or how universally hated it happens to be in the investment community. If you don't have the trend in your favor, you're stuck waiting.
We have the trend in our favor now...
But Steve isn't relying on the trend alone...
Like we've discussed recently, he noted that the fundamentals are finally supportive of higher precious metals prices, too.
Between growing tensions with Iran and the ongoing U.S.-China trade war, global uncertainty is suddenly rising again. Meanwhile, the Federal Reserve is expected to rejoin the world's major central banks in unleashing a new round of monetary stimulus soon.
In short, for the first time in years, everything is lined up in favor of higher gold prices.
If you still haven't taken our advice to put at least 5% of your portfolio in precious metals, we hope you'll consider doing so today. And if you're looking for more guidance on exactly what to buy, there's no better value than our brand-new Stansberry Gold Alliance.
With a Gold Alliance membership, you'll get lifetime access to all of our gold and silver-focused research. This includes Stansberry Gold & Silver Investor, Commodity Supercycles, John Doody's excellent Gold Stock Analyst, and any and all new gold research we publish in the future. And for a limited time, you can get it all for less than you'd pay for each of these services for a single year alone.
Click here to learn more about the Stansberry Gold Alliance now.
New 52-week highs (as of 7/11/19): American Express (AXP), First Trust Nasdaq Cybersecurity Fund (CIBR), Disney (DIS), Enterprise Products Partners (EPD), Fidelity Select Medical Technology and Devices Portfolio (FSMEX), Nuveen Preferred Securities Income Fund (JPS), Medtronic (MDT), MarketAxess (MKTX), Microsoft (MSFT), Motorola Solutions (MSI), Nuveen Municipal Value Fund (NUV), NVR (NVR), New York Times (NYT), Procter & Gamble (PG), Royal Gold (RGLD), ResMed (RMD), Starbucks (SBUX), ProShares Ultra S&P 500 Fund (SSO), Stryker (SYK), ProShares Ultra Financials Fund (UYG), and Vanguard S&P 500 Fund (VOO).
In today's mailbag: A worry about cannabis stocks... a complaint about the cost of our research... and a request for portfolio-management help. Send your notes to feedback@stansberryresearch.com.
"Here's a question for Thomas Carroll... What do you think is the reason the cannabis stocks are so out of favor in the face of the rising markets right now? I want to have faith but none of these stocks seem to be catching the favorable winds in their sails right now. When we get things that are propelling the overall market higher, even though not all sectors are participating, I would expect this high flying/high visibility sector to go along for the ride. Thanks." – Paid-up subscriber Bill K.
Thomas Carroll comment: Thanks for the excellent question, Bill. We certainly feel your frustration. Anyone who owns these stocks knows they've been underperformers... even though we're seeing record highs across the broader market.
Remember, as I've written in my Cannabis Capitalist newsletter, the cannabis market is just emerging. And as you know, it's a market full of risks – from the patchwork regulatory environment to inconsistent therapeutic evidence to the stigma from decades of negative mainstream views.
The pioneering companies that are striking out to serve this market are transitioning from the start-up phase to established growth mode. This phase of company evolution will come with big wins... and big losses. Not every cannabis company will hit a home run.
But that's exactly why now is the time to get involved from an investment perspective...
You want to get involved while risks and uncertainty remain. As the risks diminish and those uncertainties get solved, these stocks will react quickly. You want to be there first.
We don't want to miss the big move higher. Don't get me wrong... This is hard to do. Investing in a new market like this is not easy. We're identifying stocks that offer the best mix of management, business model, and valuation to establish a foothold in our portfolios.
I encourage you to please stay the course and continue to read our work. We remain as confident as ever that the cannabis market will soon hit the gas pedal. We don't want you to be one of the folks left sitting on the sidelines as this industry goes mainstream.
Now, as for the part of your question about why the cannabis stocks are not rising along with the broader market...
I think the answer is simply the "mechanics" of the market. Indexes such as the Dow Jones Industrial Average and the Nasdaq Composite Index are moved by large institutional investors.
For the most part, this group of investors is not involved with cannabis stocks yet. Cannabis stocks are thinly traded and owned mostly by individual investors. This ownership structure makes it difficult for these stocks to emulate the broader markets.
"It would be nice if you offered some newsletter services at affordable prices. Maybe even do an income screen and offer a sliding scale? I read all the free stuff I can from you guys, I think you are great, and I listen to the podcast every week and love Dan cause he reminds me of my dad 'low risk, long term.' I'm also interested in learning as much as I can about economics, markets, and making some riskier investments and stock picks.
"However, I don't make a lot of money and live in Seattle where half of my income goes to rent. It's people like us, the bottom middle class that really need this information to get ahead, but if I was to buy a $2,500 newsletter, I wouldn't have any money left to invest. It sucks that the rich can just get richer and richer, while the rest of us constantly struggle to get ahead.
"If you can offer a sliding scale or more affordable offers that would be awesome and charitable (maybe a tax write off?). Perhaps you could have a lottery or a contest for someone to win a subscription or a ticket to your conference, which I'd also love to go to, but can't afford the entry fee. I did get the Jubilee book and Elements of Investing book and have some A-share ETF's, so thanks! My 2 cents." – Paid-up subscriber Jennifer D.
Brill comment: Thanks for the note, Jennifer. We understand that not all of our readers are currently in a position to subscribe to our highest-tier of investment research. But we take exception to your suggestion that we don't offer any affordable services...
Right now, you can subscribe to any one of our three flagship letters – Porter's Stansberry's Investment Advisory, Steve Sjuggerud's True Wealth, and Dr. David "Doc" Eifrig's Retirement Millionaire – for just $199 per year. That works out to just a little more than 50 cents a day. That's already less than a cup of coffee... and we frequently offer one-year trial subscriptions of these same services for 50%-75% off the already-low regular prices.
Sure, it's tempting to believe you'll earn better returns with our higher-priced services. But that isn't necessarily the case. For example, some of these services recommend strategies that require a minimum amount of capital to use properly. Others involve more risk or volatility than a novice investor is likely prepared to handle.
But make no mistake... Just because our flagship letters are relatively inexpensive doesn't mean you can't do incredibly well with them. Since inception, these services have earned average annualized returns of 12.5%, 14%, and 13.3%, respectively... easily beating the broader market over the same time period. These are returns that even many professional investment managers would be envious of.
And again, as we mentioned earlier, we'll soon be offering online streaming access to our upcoming Stansberry Conference. This option offers all the same great presentations you'd see if you joined us in Las Vegas, for just a small fraction of the cost of attending in person.
Regards,
Justin Brill
Baltimore, Maryland
July 12, 2019