Editor's note: Occasionally, we come across ideas that we simply have to forward to you. This one comes courtesy of our friend Nick Hubble at The Daily Reckoning Australia. |
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Dear Reader, With the gold price flying over the last few months, you might be wondering if it’s too late to buy… My answer: Absolutely not. In fact, I’m now more convinced than ever that you should stash some of your wealth in gold — and hold it there for the foreseeable future. I explain why in detail here. In short, I believe gold is on the cusp of a new mega-boom. Which means adding physical gold to your portfolio would be a smart move. But more than that, I fear that if you wait much longer, you may actually have a hard time getting your hands on gold bullion and coins. The supply crunch we saw during the first stages of the coronavirus could be a tell-tale sign of what’s to come… Bullion dealers around the country displayed ‘sold out’ signs on their websites…Delivery times blew out to weeks and in some cases even months…And premiums soared up to 25% over spot prices…meaning a one-ounce gold coin worth US$1,700 at the time would run you around US$2,100.One thing I hope the coronavirus made crystal clear: The time to buy gold is not when markets are already panicking. The time to buy gold is now — while you can still get your hands on it, and while the price is still relatively cheap compared to where Jim Rickards and I see it headed. To help you get started, I’ve secured 5,000 copies of Jim Rickards’ updated book, The New Case for Gold, from his US publisher… And this week, we’re giving away complimentary copies on a first-come, first-served basis to anyone with a valid Aussie mailing address. Inside The New Case for Gold, Jim explains exactly how to capitalise on one of the biggest bull markets around…from what kind of gold to buy (and what not to buy), to how much to pay, and where to store it safely. He also discusses how this could just be the beginning of gold’s meteoric price rise. This is a must-read for gold investors. Especially now. To find out how to claim your complimentary copy of The New Case for Gold today, CLICK HERE. Until next time, Nick Hubble, Editor, The Daily Reckoning Australia PS: I expect these updated copies of The New Case for Gold to go fast. Once we run out, it could be months before we can secure more from Jim’s US publisher…and if I’m right, gold could be much, much more expensive by then. So please, don’t delay. Learn how to reserve your copy here, before I give it to someone else. |