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[Teach]

“I believe it’s a good to have some gold,” my Uncle Joe told me when I was a young man. At the time I was too young to invest on my own. In fact, the first piece of gold I ever owned was my high-school ring (’60).

Yet, over the years, I have owned precious metals’ publicly-traded companies. I look at these purchases (stock trades) as “insurance policies”.

My most recent trade, among the many I’ve made over the last 25 years, was that of a “major” gold-producing company. I’d rank it in the top 4 or 5 in the world. I bought the stock right after Trump was elected in November, 2016. Since then, by far and large, it’s languished. “Dead money.” “Treading water.” Frustrating.

Yet, unlike other occasions when I bought “call” options, I didn’t have to deal with the time-element. Talk about frustration. I find that being on the short end of a call option is like being DQ’ed out of hefty tri or super. Ouch!

Yes, I’ve waited over two years for some action. And, it has finally come. Let me state that I’m not a tout. In fact, I’d feel more comfortable recommending a horse to you than a stock or stock group.

However, I feel the time has come for “liftoff”. I might mention that when gold takes off, it can be a parabolic rise (and sometimes a quick decline; you gotta catch it at its apex, that may be a short-lived period of time).

I mean, in my opinion, the signs (the charts) and trends are pointing toward an upward trajectory for gold. The commodity itself is approaching $1,300 an ounce. If we get through that, I can see $1,350 in 2019, and possibly beyond.

Yes, I personally believe the "gold-train" is leaving the station. Everyone is a free-agent; yet, in my opinion, the time is right to take a closer look at gold.