While we’re convinced gold and gold stocks are destined for much higher levels, buying when prices are low can mean the difference between a double or triple and a ten-bagger… a week in Malibu vs. a week in Milan.
There’s no secret formula to buying low, and we aren’t holding the right hand of Midas, but there are periods when prices tend to be lower than others. And if those tendencies play out, it can give us the opportunity to snag a high-quality asset at a bargain price.
So, how do you get a bargain price? You cheat.
I think the secret to getting a low-cost basis on all your gold and gold stocks is this: only buy on significant price pullbacks.
And this can be done without trading or using technical analysis.
I think there’s a good chance we can cheat this summer. For example, here are the average monthly increases in gold since our bull market began in 2001.
….read more and view 4 more timing charts HERE