Shares of silver and gold penny stocks could be the break away investments this year with Goldman Sachs predicting a new super-cycle for precious metals prices. See why you should be investing in the penny stock mining companies rather than the big players and how to find the best stocks.
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Gold was up 23% last year and is now nearly double its 20215 low. Silver jumped 53% last year and analysts at Citigroup are forecasting prices as high as 60% from here. In fact, Goldman Sachs just released a report calling for a new super-cycle in commodities where prices reach higher for years.
There are real fundamental economic forces behind the rise in these precious metals and they need to be in your portfolio. But you can’t just invest in any gold mining or silver company. The miners to benefit most will be the smallest, most leveraged penny stock companies. Those wildcat explorers looking for that first big hit.
In this video, I’ll show you why you should be investing in silver and gold miner penny stocks and how to find the best out there. I’ll then reveal seven penny stocks to watch for your portfolio.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
This video was conducted on behalf of Silver Dollar Resources, and was funded by Gold Standard Media LLC. All opinions and analysis are those of the creator and not influenced by sponsorship. For our full disclaimer, please visit: https://www.goldstandardir.com/silver-dollar-disclaimer-40/