The precious metals bull market is in full swing.
The gains in precious metals have been slow and solid. There are bouts of euphoric urgency and small corrections all along an upward trend. Those are the signs of a true bull market.
But I'm not here to regale you with the virtues of owning gold and silver and why you must have some gold and silver stocks in your portfolio. We've been over it before. Today you'll learn how to turn this bull market into an absolute fortune.
You see, there will be a very great divide between the winners and the big winners. When it comes to true wealth, you've got to find the big winners. And there's no better place to do it than in a genuine bull market.
Because when the bubble does come, you'll be in place for quadruple-digit gains. I'm talking about the kind of gains that can turn a few small, well-diversified investments into true financial freedom. There's nothing like it.
Normally, to make the big scores, you have to take big risks. Some traders take big swings on volatile options where they're going to lose 100% or walk away with 300% or more. That's ok, but there's a lot more to be made here. This is a bull market and eventual bubble where true fortunes will be made. There will be winners and legendary winners. The best part is, the stocks where you'll make the most money in this run are actually some of the safest to own.
Premium Valuations and Premium Returns
Not all gold stocks are created equal. There are three main groups. You have the majors, the mid-tiers, and the juniors.
The difference in profit-potential of each group comes from one of the oldest gold company valuation strategies Wall Street simply doesn't use, but pays off very well in markets like this.
First are the majors. The major gold producers are the gold companies like Barrick Gold (NYSE:ABX), Goldcorp (NYSE:GG), and Kinross (NYSE:KGC). These companies have mines all over the world. They're all primarily gold mining companies and they mine millions of ounces of gold every year. They also produce a lot of silver, copper, and other metals.
They are also the ones which own and operate the largest gold mines in the world. Some of these mines take billions of dollars to start up and the only gold companies with that kind of cash are the majors.
They are also perceived as the safest gold stocks to own.
