The Top 8 Penny Stocks to Buy for August

Risky, with a high chance of profits…

This story was originally published here.

Folks, the disconnect is real. Ordinarily, if the federal government decided to turn its back on the American people, you’d expect massive chaos to filter up into every sector of society. While you see some protests on the streets, Wall Street fat cats are having a jolly good time. So is seemingly everyone else that hasn’t had their lives destroyed. I wouldn’t fight it. Instead, you might want to consider some penny stocks to buy.

Here’s the deal — we’re in an unbalanced world where stocks are up, gold is up and left-for-dead pharmaceutical and biotechnology firms are suddenly the toast of town. In the meantime, millions of Americans face eviction as relief programs and moratorium have expired.

Clearly, we’re in a new normal for the investment markets. According to NPR, GDP “shrank at an annual rate of 32.9% in the second quarter.” Not surprisingly, this is the worst recorded economic contraction in U.S. history. Bizarrely, though, Wall Street is still holding out hope for an eleventh-hour save. But while we’re in this crazy zone, penny stocks levered to a believable narrative could fly higher.

A few pointers though. These are incredibly risky propositions. Don’t think of them as investments, but rather pulls on the slot machine. Typically, people go to Las Vegas to have fun. If they win some money, great. If not, whatever. That’s the attitude you’ll need for these eight penny stocks to buy…

Editor's Note: Click here to keep reading.

The Most Important Chart You’ll See Today

Dear Reader,

Take a look at this chart:

As you know, the stock market crashed big time back in March.

But see the orange line?

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Better yet…

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Regards,

Brian Hunt
CEO, InvestorPlace P.S. By the way, if you’re interested in getting the details on this very simple strategy, for a very limited time you can try it today for just $7. I promise you: Once you see how easy this is to do, you’ll never look at investing the same way again. Check it out here, before this goes offline.