This story was originally published here.
My net worth has barely budged over the past three months.
It’s down ~3.4% in 2020.
There’s a lot of pain out there. “Stocks” are down 15% for the year as measured by the S&P.
But the S&P and the Dow do not a market make.
There is a range of things you can own besides stocks.
I hold a lot of cash, for example. Cash (DXY) is in a raging bull market compared to stocks.
Let me quantify a lot so you learn something. Of my liquid assets — not my house, property, life insurance, annuities, etc. — I am sitting on 15% cash.
I also have some precious metals — 3%. If cash is in a bull market this year then gold is in a raging bull market. It is up as much as the stock market is down.
I am 26% in long-term, low-cost funds in a retirement account. That’s where the losses have come.
The balance — some 56% — is at work in various personal accounts, primarily in speculations. I’m a speculator, if you didn’t know.
The bulk of those speculations you won’t be surprised to learn are in the precious metals space. With the caveat that this is highly risky and not appropriate for most people, it has been these speculations that have allowed my overall balance to largely be unphased while everything else in the world is melting down.
I’ll even take you through two of my top speculations by current value…
Editor's Note: To keep reading, click here.
The world’s secret gold reserves (and how you can score huge profits)
With all the unrest on financial markets in recent times. Trade wars, U.S. elections, a potential global recession, and hyper-volatility caused by the coronavirus panic…
Most pundits expect to see gold prices soar, much like they did in the wake of the 2008 crisis. Gold has already streaked up 22% since the start of this year. Pundits are expecting it to climb to $5,000 per ounce and legendary investor Jim Rickards is even calling for $10,000!
But where do you find most of the gold in the world?
It’s actually stored away deep underground… not in bank vaults or in Fort Knox like you might think. No, it’s literally still in the ground, waiting to be extracted.
Here’s the big secret that so far only the insiders and elite have known about…
You can invest in this Tier 2 gold right now, for as low as $8.10 per ounce… a LOT cheaper than the current spot price of $1,600+
And when gold prices start going up… your return on this Tier 2 gold will be much higher than if you had bought gold the normal way. You can expect huge returns of 512%, 627%, 832%, 3,900%, and even 7,042%.
It’s both cheap and easy to get started… All you need is some insider knowledge and you can find that right here…