CHART: The next big gold rally could be starting right nowby Justin Brill
This week, after months of fits and starts, gold finally broke above this critical $1,300 level…
Now that gold has broken out, though, you may want to increase your holdings a bit.
I’m not recommending anything crazy… If you were at 10% of your net worth before, a 12%-15% allocation may make sense.
Remember, as prices rise, the percentage will likely grow. And the metals and stocks will experience plenty of volatility along the way. You don’t want to hold so much that a big drop will keep you up at night…
What should you buy? If you don’t own any physical metals, start there. If you don’t own any gold and silver stocks, a diversified fund like GDX is a great place to start…
Whatever you do, make sure you have some exposure to precious metals. Gold just broke out of a 10-year-long wedge… And much more upside is likely. This time to buy is now.
Source: Stansberry Digest
http://thecrux.com/the-next-big-gold-ra ... right-now/
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