If you’re looking for value in the stock market right now — and a hedge against inflation — gold and silver stocks… are back!
It’s no secret that many if not most stocks are overvalued right now. The Dow has ticked to record high after record high of late. The S&P 500 has been at or near its all-time highs for much of 2021. And the Nasdaq isn’t too far off its record high even after recent selling that picked up again on Monday to the tune of another 2.55% dip.
But if you look at gold and silver stocks, they’ve steadily been on the rise…
We recently had two winning plays on gold in two of my trading suites, and both paid off in less than 24 hours.
Just last week, Alpha Trade Alerts members scored a 39% overnight winner on Newmont Corp. (NYSE: NEM), a gold mining company in an option play. I don’t mean to brag here, but Alpha Trade Alerts has reeled in 11 winners in our last 13 trades!
Also last week in our short squeeze trading suite, Infinity Profit Plays, members reeled in a quick 18% overnight gain on Royal Gold Inc. (Nasdaq: RGLD) in another option play.
That’s not to say that these two particular gold and silver stocks are buys right now. But I like to find undervalued areas of the market — I mean, who doesn’t?
If you look at names like the VanEck Vectors Gold Miners ETF (NYSEArca: GDX) or the VanEck Vectors Junior Gold Miners ETF (NYSEArca: GDXJ), you’ll see they’re setting up for a nice run to the upside.
So if you’re looking for value plays amid stock market highs… it’s time to consider gold and silver stocks. Check out my short video and let’s chat about gold and silver stocks.
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We’re probably all aware of what Wall Street legend Chuck Hughes has been doing lately…
So the enormous gains he’s pulled from the stock market… and the way he’s been helping traders around the globe reach their dreams aren’t exactly well-kept secrets.
But now Chuck wants to share something new…
He’s revealing the secret behind his Triple Threat strategies that gave him the chance to grow a small $5,900 account into $212,217 plus — in just two years!
And his goal is to help everyday traders transform their own trading accounts this summer.