How This “Golden” Opportunity Can Turn Market Chaos Into Triple-Digit Gains
Hello, Reader.
When Johnny Cade told Ponyboy to “stay gold” in S.E. Hinton’s novel The Outsiders, Johnny meant it as a reminder to hold on to goodness in the face of adversity. (Ralph Macchio said it to C. Thomas Howell in the 1983 movie.)
But when it comes to physical gold, adversity is exactly what the mystical metal thrives on.
In fact, gold loves everything most ordinary investors despise: crisis, volatility, and, especially, economic uncertainty.
We saw this dynamic play out this very week.
It all started last weekend, when President Donald Trump announced plans to implement 25% tariffs on most Canadian and Mexican imports, as well as 10% on Chinese goods. Markets tumbled on the news and continued falling when trading resumed on Monday.
While Trump later suspended the Canadian and Mexican tariffs for 30 days, the added China tariff took effect on Tuesday. Then, China swiftly responded with targeted tariffs and restrictions on mineral exports to the United States.
Through the uncertainty, gold prices climbed to an all-time high this week, reaching a peak of $2,910.60 per ounce yesterday. This is an impressive 43% increase from a year ago.
So, Trump’s escalating trade war is creating precisely the type of global financial turbulence that transforms gold from a dust-collecting asset to an investor’s sanctuary.
And with each new whiplash-inducing headline, the markets could continue to grow more unpredictable. This will, of course, lead investors scrambling for security.
In today’s Smart Money, I’ll explain why gold offers such a security in the face of uncertainty or market volatility.
