With a fortune currently valued at over $110 billion dollars, Amazon founder and CEO Jeff Bezos is the undisputed wealthiest person on the planet.
But his billions are a pittance compared to the Earth’s all time wealthiest person, King Mansa Musa of Mali. With an estimated net worth of over $400 billion in today’s dollars, the 14th century African king was said to have control over all the gold in West Africa!
He brought 24 tons of the shiny yellow stuff with him on his pilgrimage to Mecca.
The Egyptian markets were so severely flooded with gold that they wouldn’t recover for another 12 years. What a problem to have!
But the good news is, you don’t need to be a 14th century African king to claim a stake in todays gold market.
In fact, 2020 will be the best year for gold we’ve seen in over a decade.
Gold is bought by everyone: jewelers, high-end electronics companies, dentists, you name it!
But, by far the largest buyers of gold are governments and central banks.
"Why?" you ask. Gold is a safe haven investment.
If all paper money suddenly lost its value, gold is the fallback plan.
There doesn’t even need to be an extreme event for gold to provide security.
Due to its relative stability, gold is seen as a hedge against inflation.
If currency loses purchasing power, gold is seen as the place to store the value of your money.
Gold is a warm security blanket for you and your portfolio.
Just like oil, gold is a commodity traded on the interplay between supply and demand.
And friend, demand has never been higher and supply has never been lower.
Goldman Sachs estimates we have 20 years of mineable gold left.
It can take 5–10 years just to bring a new gold mine online.
As global supplies dwindle and demand increases, smart money knows changes are coming.
The next great gold rush is here. Are you ready?
We’re fast approaching peak gold
The time to buy is now, but knowing what to buy can be confusing. Let’s break it down.
Here are three easy gold investments for 2020.
Gold Bullion — The Gold Standard for Purchase
If a full-on economic collapse like the Great Depression happened, what would you rather have on hand...
A bunch of worthless paper or an intrinsically valuable metal that economies and civilizations have historically been built off of?
Physical investment grade gold is know as gold bullion.
To be considered gold bullion, it must be in the form of a bar or ingot and be over 99.5% pure gold.
The purity is the advantage bullion has over gold coins or jewelry.
In an end-of-the-world scenario, it will be easier to physically liquidate gold bars compared to most jewelry or coins, which may contain impurities.
Gold is a hot commodity. That’s why Uncle Sam keeps over $6 billion worth of the stuff at Fort Knox alone.
Currently, the price of an ounce of gold is rapidly approaching $1,500 and is expected to climb to highs not seen since 2012.
Gold price predictions by CITI even say it could hit $2,000 per ounce or higher in 2020.
Bullion is typically bought and sold through brokers who charge various fees on top of the price of gold. Any major city will have plenty of options for places to buy and sell bullion. Top online bullion brokers include Apmex.com and JMBullion.com.
Gold Mines — If You Can’t Own the Gold, Invest in the Mine
As global gold supply dwindles, successful gold miners, particularly those known as junior miners, are in a position for unprecedented profits.
A junior miner company is typically a small company that explores and develops new mines. They are the definition of high risk and high reward. With many predicting an economic downturn, the big players are seeking to increase their supplies. You can bet they are looking at acquiring smaller junior miners to beef up supply lines.
If you’re up to the challenge, B2Gold Corp. (TSX: BTO), Pretium Resources Inc. (NYSE: PVG), and Midas Gold (OTC:MDRPF) are all worth a look. Supplies are dwindling. The big players are also in a position to do well.
If you’re more risk averse, consider Newmont Goldcorp (NYSE:NEM).
Controlling 7.1% of global gold production, they are currently the biggest dog in the pack.
ETFs — Digital Gold for a Digital World
Exchange-traded funds or ETFs are the easiest way to acquire a wide variety of stocks.
Simply put, they are pre-bundled stocks listed on exchanges.
It’s an excellent way to reap the rewards of the precious metals market without having to trade commodities directly.
This gives traders the flexibility to monitor percentage price movements in the gold market without needing to buy physical bars or futures.
ETFs are a simple and straightforward way to hold gold in a trust and issue shares.
The gold standard of gold-backed ETFs is SPDR Gold Trust (NYSEArca: GLD), the largest and most popular ETF backed by physical gold, with total in trust of over $30 billion.
Are You Ready to Ride the Gold Bull in 2020?
Profits are to be made all around — gold bullion, ETFs, and large gold miners are set to make explosive gains.
Gold bullion is your friend if you personally like the security of gold.
ETFs are an easy way to have a slice of the golden pie without needing a vault.
Mining stocks are great for the investor looking for the big profits in the next big gold rush.
Specifically, the biggest profit potential is in junior mining stocks.
There is nowhere to go but up for these junior miners and you can expect WD to keep you up to date with the latest investment information and opinions to kickstart your gold fortune in 2020.
Gold Forecast: Buy Now
Whether you’re looking for security or just diversity in your portfolio, gold is the standard. The future of gold prices shines brightest for prospective investors who act quickly.
As the tides of global recession rise and central banks demand more gold to stay afloat, expect more gold mine mega mergers to increase supply.
Junior miners are poised to make the biggest gains of all.
It’s a perfect storm of profit potential.
Gold prices are climbing to new highs. Supplies are falling.
The time to act is now.
A gold super storm is coming. Where will your money be when it hits?