Londoners Queue To Buy Gold as Stock Markets Plummet and Panic Sets In
We've been saying since last summer that autumn 2015 would be the beginning of a collapse/crisis that would make 2008 look like the good ol' days and that 2016 would be a blood bath for most investors.
Well, it's happening!
Thursday began with gold surging $50 to nearly $1,250.
Index fund provider ETF Securities told Telegraph Money that February 9th saw the most money flow into Gold Bullion Securities, its gold tracking fund, since the last financial crisis in January 2009. Investors poured in £239m.
In London, people were queuing “round the block,” to buy gold according to Michael Cooper of ATS Bullion, a family-run firm that trades online and also from an outlet in the West End of London. BullionByPost, Britain's biggest online gold dealer, said it had received a few hundred orders overnight and a frantic numbers of phone calls Thursday morning.
“The bullion market has been building since the end of last year but this morning things have gone bananas,” said Halliday-Stein of ATS Bullion. “Some bankers in London are placing unusually large orders for physical gold.”
The Dow Jones index was down over 400 points on Thursday before the Plunge Protection Team (PPT) came in to salvage it, and the DJ eventually closed down 254 by the end of the day.
The close was six points below its late August Shemitah low, which it never fully recovered from.
Gold stocks soared as the price of gold spiked with the Direxion Daily Gold Miners 3x Leveraged ETF (NUGT), closing up another 21%.
It has now nearly tripled since TDV gold analyst Ed Bugos told our Premium subscribers that it was a screaming buy on January 19th near $18.
But that was just one of numerous positions where he's obtained triple-digit-gains in just the last few weeks alone!
Here are his swing trades
he has suggested to TDV Premium subscribers since the start of the year.
One of his calls to go long the Japanese Yen hit a peak of a 500% gain, just a week after his initial recommendation, and he suggested subscribers take some profits in an alert today.
One of the many things that separates our TDV newsletter from the rest is that we have an active, private Facebook Group for subscribers… and with all these gains in the last few weeks, it has been a well-informed and happy group.
Another great thing about the group, which has over 1,000 TDV subscribers, is that many of the more seasoned investors take time to help those new to investing make fantastic gains like they have. And both Ed Bugos and myself frequent the groups and respond as much as time permits.
As added value, especially for novice investors, we are just completing an entire book on investing for beginners, with specific focus on trading in stocks, ETFs, currencies, options, cryptocurrencies and gold mining stocks. It'll be coming out in the next few days and will only be available to subscribers.
We've had massive gains for subscribers since last summer and they just keep occurring. There simply is no other financial newsletter in the world that I know about that comes anywhere close to our record in the last year. The great majority are surely in the red and losing their subscribers money.
For as little as $23/month you can become a Premium subscriber of TDV and experience the kinds of profits our subscribers are making regularly. You can find more information here.
Think its too late? Not even close.
This is just the beginning of what we predict will be a year that most people will want to forget… those who don't follow us here at TDV, that is. CNBC watchers are about to get battered once again.
Get educated. It's times like these where a person with the right information can not only sidestep economic disaster but make a fortune doing it. And we already are.
Our subscribes are not just struggling to survive. They're thriving.
But there's one other thing you need to do.
To get even more “in the know”, join us on February 18th in Acapulco, Mexico for our TDV Internationalization & Investment Summit.
TDV's own master insider Ed Bugos will provide incredible insights for the rest of 2016 as well as numerous other experts in cryptocurrencies, offshore banking, second residencies and citizenships and everything else you need to survive and prosper during The End Of The Monetary System As We Know It (TEOTMSAWKI).
Hundreds of TDV readers and subscribers from around the world will be there and also for Anarchapulco, the world's largest anarcho-capitalist conference following it from February 19-21.
With all the gains we've had in the last year, and even in the last few weeks, it should be a merry bunch! We'll hope to see you there.
