I’ve Been Bitten by the Gold Stocks Bug!

Stocks to buy

Now, I’m not a gold guy. But lately, we’ve noticed many similarities between today’s price action and that of 2008. 

Today, gold is seen as a safe-haven asset. But for a large part of the 2008 crash, gold plunged along with stocks – until the selloff’s finale.

The selloff got intense. The Fed started to capitulate. And that’s when gold finally caught a bid and started acting like a safe-haven asset. 

The same situation is forming right now. And that’s got us surprisingly bullish on gold stocks.

Check out the full episode at Hypergrowth Investing on YouTube!

On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.

Articles You May Like

Top Wall Street analysts bet on these stocks to brace for a sharp downturn
RWH003: Secrets of Investment Success w/ Joel Greenblatt
3 Penny Stocks to Take Seriously in 2023
Opendoor Technologies Stock Collapse Is Likely to Continue
Cannabis Stocks Are Gaining, but We’re Still Bearish