Gold a Buyable Dip: System Addict

Silver, Silver miners-The next trade.

Why Own Gold?

The argument against gold: Gold isn’t like a farm in Nebraska. A farm grows corn, feeds people, and creates value year after year. Gold, on the other hand, just sits there shiny and unproductive.

So why own it?

Gold is money. Gold has been chosen by civilizations across centuries as the ultimate store of value, not because governments declared it so, but because of its intrinsic qualities: durability, divisibility, and universal acceptance.

It’s money in its purest form, free from counterparty risk.

When the world gets nervous because of rising inflation, excessive money printing, or shaky economies people turn to gold. It doesn’t pay interest, but it holds its value over time and it has outperformed the broad market YTD and over a 25 year time frame.

(Just like anything else it underperforms at times but it is great diversification for your long term portfolio and a fantastic trading vehicle.)

Gold-over the last 25 years.

Gold-YTD

You can also think of gold as insurance. You don’t hope your house burns down, but when chaos strikes, you’re glad to have a policy.

What that means for me is if everything else fails, I have gold.

Gold is the steady ship in a stormy sea, offering peace of mind when everything else feels uncertain.

It’s not only about steady returns or compounding growth. It’s about having something timeless and trustworthy, immune to the promises of politicians.

Today, buying gold, silver, palladium, platinum, and miners presents a strong trading opportunity.

For long-term holders, a steady, disciplined approach might be best. Consider averaging in by purchasing small amounts during dips, while staying patient and ready to capitalize on a significant correction if your horizon is 10–20 years.

GDX, the gold mining ETF, recently bounced perfectly off its 200 day moving average.

However, I’m even more bullish on one specific area of the mining sector: silver miners.