After sprinting to record highs, it posted its sharpest drop in years this week as traders took profits and reset their positions. But big moves like that don’t kill a bull market; they clear the deck.

If the longer-term drivers – central bank buying, deficit worries, and a firm dollar trend that can turn – stay in place, the metal still has room. Pullbacks are simply the toll you pay on the highway.

That sets the stage for Barrick Mining (NYSE: B).

Barrick is a diversified operator, not a one-mine bet. It runs Tier One gold assets in Nevada, the Dominican Republic, Tanzania, and Congo, plus a growing copper arm in Zambia and a huge copper-gold project in Pakistan.

The company’s playbook is simple: Keep a strong balance sheet, push costs down, and fund the next wave of growth from internal cash rather than debt or dilutive deals.

Its latest numbers back that up. In the second quarter of 2025, revenue was $3.7 billion. Net earnings were $811 million, or $0.47 per share, with adjusted EPS also $0.47. Attributable EBITDA (earnings before interest, taxes, depreciation, and amortization) hit $1.69 billion with a 55% margin.

Free cash flow was $395 million even as Barrick stepped up spending at Lumwana (the copper mine in Zambia) and Reko Diq (the copper-gold project in Pakistan). The company ended the quarter with $4.8 billion in cash and a small net-cash position of $73 million. Shareholders got a $0.15 quarterly dividend – including a $0.05 enhancement tied to net cash – and $268 million of buybacks during the quarter.

Operations are trending the right way. Gold production rose 5% quarter over quarter. Production at Nevada Gold Mines increased 11% from the first quarter on better grades and throughput, while output jumped 28% in the Dominican Republic as plant upgrades took hold. Copper production climbed 34% as Lumwana improved mining rates and unit costs fell.

Now to the Value Meter breakdown.

On valuation, Barrick’s average EV/NAV is 1.64, versus a universe average of 3.79. That tells us the stock is cheaper than its peers, because you pay less for each dollar of net assets.

On cash efficiency, the company’s average FCF/NAV is 0.84%, versus 1.11% for its peers. That’s a notch worse, meaning Barrick turns assets into free cash a bit less efficiently than the average company in our universe right now.

But there’s more to the story here. On momentum of the cash engine, Barrick’s 12-quarter FCF growth rate is 54.50% versus 46.25% for its peers. That’s better, suggesting cash generation is trending faster than the pack.

What about the stock?

Shares have ripped from the mid-teens last winter to the low $30s now, with a brief spike toward the mid $30s as gold went vertical. (The recent dip tracks the metal’s cooldown more than any change to Barrick’s story.)

If bullion finds support and copper stays firm, Barrick’s blend of low-cost gold and expanding copper should keep free cash flow coming. The pipeline – including the ramp-up in the Dominican Republic, Reko Diq, and a “Super Pit Expansion” at Lumwana – adds real torque to 2026 through 2028 without stretching the balance sheet today.

So aside from the dip in gold prices, this is a quality operator priced below the peer pack with improving operations and a clean balance sheet. For investors who want leverage to the metal without betting the farm, Barrick still looks like the adult in the room.

The Value Meter rates Barrick Mining as “Slightly Undervalued.”

What stock would you like me to run through The Value Meter next? Post the ticker symbol(s) in the comments section below.

The post The Low-Cost Gold Play That Wall Street’s Missing appeared first on Wealthy Retirement.

This week’s company sits right in the middle of that story.

Idaho Strategic Resources (NYSE: IDR) isn’t a household name, but it just got a promotion of sorts. The stock has been added to the VanEck Junior Gold Miners ETF (NYSE: GDXJ) after already landing in the Russell 3000.

That means more institutional money will now have exposure to it by default. For a small cap resource play, that’s like moving from the minors to the big leagues.

You might be wondering, “Why is a rare earth company part of a gold mining index?”

Idaho Strategic runs a gold mine in Idaho’s Murray Gold Belt, but it’s also building out rare earth projects in other regions in Idaho, including Mineral Hill and Lemhi Pass. The goal is to generate cash from gold today while pursuing growth and strategic upside in rare earths tomorrow.

Management has been pouring money back into the business – funding drilling campaigns, processing upgrades, and developing a new paste backfill system (basically a way of mixing crushed rock with cement and pumping it back underground into mined-out tunnels).

The second quarter showed what this plan looks like in practice. The company processed more than 10,000 metric tons of gold ore, up about 10.6% from last year, and reported record revenue and cash flow.

However, most of that cash went straight back into the ground.

Cash costs per ounce rose to just over $1,060. When you add in sustaining expenses – which comprise everything from equipment replacement to mine development – you get what the industry calls all-in sustaining costs. That figure jumped more than 40% to $1,980 per ounce. Strip out exploration, though, and the number falls to a much leaner $1,313.

In all, the company drilled nearly 6,000 meters across several gold projects and continued to invest in rare earths, signing an agreement with Clean Core Thorium Energy and securing a fresh lease covering more than 1,500 acres of rare earth ground. It’s clear that management is betting big on expansion.

Now let’s see what The Value Meter says.

Idaho Strategic’s enterprise value-to-net asset value (EV/NAV) ratio sits at 8.73, above the peer universe average of 6.46. On this measure, the company looks slightly more expensive than its peers.

On free cash flow-to-net asset value (FCF/NAV), however, it comes in at 1.29%. That may sound modest, but it’s better than the broad market average of -1.81%. The efficiency is there.

The third metric, consistency, shows free cash flow growth 54.5% of the time over the past 12 quarters, above the peer average of 46.24%. So while the absolute dollars are small, the trend is positive.

The stock has reflected both the promise and the volatility. Shares have climbed meaningfully over the past year thanks to rising gold prices, index inclusions, and excitement around rare earths.

So what does this all mean?

The ride has been anything but smooth, and it’s likely to stay that way.

Idaho Strategic isn’t a safe, steady dividend payer. It’s a speculative play with two clear levers: gold for near-term cash flow and rare earths for long-term growth.

If rare earths really do become the next great resource boom, owning the stock at today’s levels could look very smart down the road. But investors should expect swings along the way.

The Value Meter rates Idaho Strategic Resources as “Appropriately Valued.”

What stock would you like me to run through The Value Meter next? Post the ticker symbol(s) in the comments section below.

The post Idaho Strategic Resources: A Future Mining Powerhouse? appeared first on Wealthy Retirement.

After sharing the typical platitudes – “keep your head in the game,” “stay focused,” etc. – he finished by saying, “The mark of a young man is how he responds to adversity.”

I wish I could tell you that his pep talk spurred me on to a historic performance, culminating in my teammates carrying me off the golf course on their shoulders while chanting my name… but the rest of my round actually ended up being quite forgettable.

And yet, my coach’s words have still stuck with me more than a decade later.

Even though they were meant to encourage an emotionally fragile high schooler with a deeply flawed golf swing, I think they apply just as much to the current market environment.

Being able to stand tall and keep a level head in a turbulent market is never easy… but it’s essential to building wealth.

Luckily, that’s exactly what Chief Income Strategist Marc Lichtenfeld – along with the rest of our strategists and experts here at The Oxford Club – is helping our Members do.

Beyond his insights in Wealthy Retirement, The Oxford Income Letter, and his VIP services, Marc has also held numerous live sessions with Members in The Oxford Clubroom (our interactive video chat room) over the past few months, easing their nerves with his calm and rational response to the chaos in the market.

Today, I’d like to do something I’ve never done before in Wealthy Retirement: share not one… not two… but THREE of Marc’s recent Clubroom sessions with you.

After the first, DavidLK posted in the Clubroom chat, “Exceptional Clubroom information – Thank you Marc for making me great returns with bonds! I used to trade mostly stocks – now I mostly trade bonds using Marc’s recommendations!”

After the second, AlfredoNV wrote, “Thanks for revisiting why to build a balanced portfolio!”

And after the third, Teelo said, “Thank you Marc and Alex for giving us confidence to stay in the market!”

I hope these videos are helpful, and remember…

The mark of a successful investor is how they respond to adversity.

Marc’s Near-Perfect Investing Strategy

 

Anyone who has a 99.1% success rate in anything ought to be taken very seriously…

And that’s exactly what Marc has accomplished in his Oxford Bond Advantage service. (That’s 113 wins out of 114 recommendations. Not too shabby!)

Recently, Marc and Oxford Club CEO Todd Skousen sat down to discuss Marc’s specific bond criteria, why everyone – yes, everyone – should own bonds, and The Oxford Club’s overall asset allocation model.

The Best Alternatives to Stocks

 

With the market suffering from a seemingly constant barrage of “news grenades,” it’s prudent to consider alternatives to stocks.

In this session, Marc, Todd, and Rich Checkan, the Club’s go-to gold expert, met to chat about bonds, gold, and more.

For anyone wondering whether they should buy bonds or gold right now, Marc says the answer is… both!

Tariff-Driven Opportunities With Alex and Marc

 

Last week, Marc joined Chief Investment Strategist Alexander Green to discuss what’s likely been the biggest topic in America so far in 2025: tariffs.

The two discussed the Trump administration’s approach to tariffs, its effect on the market, and whether stocks are near the bottom or still have more room to fall.

But most importantly, they answered viewers’ questions and explained what investors can do to protect themselves in volatile markets.

The post Respond to Market Chaos Like a Champion appeared first on Wealthy Retirement.

Below, he shares three reasons he believes gold can keep rising despite recently hitting all-time highs.

– James Ogletree, Managing Editor

Gold is the gift that keeps on giving in 2024.

Over the past few months, the metal has been trading at all-time highs.

When you look at our current fiscal situation, this shouldn’t come as a surprise (more on that in a moment).

As you’ll see in the chart below, gold reached a peak of more than $2,700 per ounce in October as people piled in at higher levels ahead of the election.

Here are three reasons the gold bull run is still going.

1. Our fiscal situation is out of control.

Our fiscal situation is pretty unbearable at the moment. Sure, the S&P 500 is consistently hitting all-time highs. People are out spending money. I went to Las Vegas a few weeks ago, and I noticed the airlines were packed on my way over there.

But the lack of visual evidence of a recession is only a short-term thing.

Over the last 30 years, our debt problem has steadily gotten worse and worse.

It doesn’t matter which political party is in office – the debt has been rising. There’s sure to be a ton more spending in 2025, so it doesn’t look like this fiscal problem is going away anytime soon.

2. Interest rates aren’t budging (despite the Fed’s efforts).

In September, the Federal Reserve made its first cut to the federal funds rate in over four years.

The intent was to lower interest rates, but that hasn’t happened.

In fact, the latest data from Freddie Mac shows the average 30-year mortgage rate has actually increased to 6.7% in the three months since the move.

This is due to the long-term rates showing that our fiscal house is not in order, meaning the government has to raise more and more money. That creates an imbalance.

You might think that a higher interest rate should equate to lower gold prices. That’s true in a conventional sense.

But these aren’t conventional times.

The truth is that if our country keeps issuing more debt and spending like crazy on the government side, interest rates can’t come down.

The only way out of the current mess is to devalue the U.S. dollar and the debt – both of which are good for gold.

3. The conflicts in the Middle East and Ukraine.

The situation in the Middle East and Ukraine also isn’t helping. We’re roughly one year removed from when tensions started to heighten in the Middle East, and it’s been almost three years since Russia launched its first military operation in Ukraine.

The cost of war to Israel’s economy is estimated to be around 12% of its GDP.

As for Russia/Ukraine, the U.S. doesn’t trade with them as much, but the war has affected U.S. businesses and caused gas prices to increase, which has contributed to inflation.

There’s also ever-lingering concern that Iran could get involved and spark a broader war in the Middle East.

This fear has already spilled bullish sentiment over to gold’s little brother – silver. For the past few months, silver has been trading at over $30 an ounce, a level it hadn’t reached since back in 2012.

A Golden Ticket

For these three key reasons, I believe gold still has plenty of room to run going forward.

What’s brewing here might just lead to the most significant gold rally of the century.

The post Bullish on Bullion: 3 Reasons Gold Could Keep Rising appeared first on Wealthy Retirement.

So today, I’ve invited him to share some of his findings on how seasonal trends affect certain sectors.

I’m sure you’ll find them as informative as I did!

– James Ogletree, Managing Editor

There’s a season for everything… especially stocks.

Seasonality and cyclicality in trading and investing are not merely trends or passing fads…

They are the heartbeat of the markets, pulsing with predictable opportunities for smart investors.

Cyclical investing reflects the ebb and flow of economic cycles. Investors who understand these cycles rotate into sectors poised for growth during specific phases. That gives them an opportunity to maximize their portfolio returns over time.

As a 40-year market veteran, I’ve witnessed firsthand how these patterns can unlock substantial profits.

You can find these seasonal surges and cyclical upturns in many sectors.

Nature’s Rhythm

Seasonality is huge in the commodities sector.

The prices of certain commodities correlate with specific times of the year. Those prices are driven by factors such as weather patterns, agricultural planting and harvesting cycles, and global demand shifts.

For instance, corn and soybean prices are influenced by planting and harvest seasons.

As spring approaches, farmers prepare their fields and plant crops, which in turn drives up prices as demand for these commodities spikes.

Then during harvest time in the fall, increased supply can lead to temporary price dips as markets adjust.

Knowing these cycles helps traders buy and sell at the right times. (And if you’re using leveraged futures or ETF trades, including with options, you can make a lot of money.)

Energy commodities like natural gas and heating oil have obvious seasonal patterns driven by weather extremes.

Winter brings demand for heating fuels, pushing prices higher as cold snaps grip northern regions. During the summer, demand for cooling fuels like natural gas for electricity generation rises.

While commodities follow seasonal patterns closely tied to nature, other sectors have their own rhythms.

Predictable Peaks

Consumer spending shows cyclical behavior too. There are several peaks throughout the year, including…

• Easter to Memorial Day
• The Fourth of July
• Back-to-school shopping in August
• The December holiday season.

By investing in retail giants ahead of these peaks, investors can capitalize on seasonal spending trends.

The tech sector thrives on a slightly different cycle – the cycle of innovation. Companies release new products and updates at regular intervals. Investors can get in ahead of product launches or major tech events.

During periods of economic expansion, real estate and construction sectors do well as infrastructure projects gain momentum.

Cyclical investments in construction materials, homebuilders, and REITs can yield substantial returns as economic indicators point toward growth.

Even precious metals like gold and silver are not immune to seasonal influences.

Gold historically experiences a surge in demand during certain seasons in different countries around the world.

• The price of gold rallies early in the year as we approach the Chinese New Year.
• It surges on massive gold-buying in India during the Diwali holiday in late October and early November.
• It ends the year at its highest point during the Indian wedding season, when demand is high.

By following these types of economic cycles, investors are able to optimize their portfolio performance across many sectors.

But there are a few things to keep in mind…

A Cycle of Profits

Cyclical investing needs careful research, strategic timing, and a keen understanding of market dynamics.

It’s important to diversify your portfolio across commodities, sectors, and asset classes to manage the risks associated with seasonal volatility and cyclical downturns.

You need patience and discipline as well. Don’t chase short-term trends… allow the cycles to play out.

Cyclical profits are not just possible… but are just about everywhere in the markets.

As long as you know where to look.

The post Seasonal Trends: the “Heartbeat of the Markets” appeared first on Wealthy Retirement.

In fact, I don’t recall the subject being brought up in at least the last three elections.

It’s easy to understand why. Tackling the debt problem in the United States would require big spending cuts. No candidate who wants to get elected is going to tell the public, “To address the budget deficit, I’m going to make sure there is less of the stuff you like.” And why would they? It’s much easier to just let their successor deal with it.

Our leaders’ irresponsible actions don’t stop there. Not only are both presidential candidates ignoring the national debt, they’re also making all kinds of promises – many of which they can’t keep – in order to attract votes.

Trump, trying to appeal to young people, said the U.S. should buy 1 million Bitcoin and never sell it.

Of course, he didn’t say where we’d get the $60 billion to pay for it.

He also recently vowed to eliminate the tax on Social Security, pandering to older voters.

According to the Committee for a Responsible Federal Budget, eliminating the tax on Social Security would add $1.8 trillion to the debt over 10 years, bankrupt Social Security a year and a half earlier than expected (2032), and make Medicare insolvent six years earlier than expected (2030).

Not surprisingly, the Biden administration has also ignored the debt. Biden’s ironically named “Inflation Reduction Act” has added between $780 billion and $1.2 trillion to our debt load.

How’s this for fiscal responsibility?

Source: Committee for a Responsible Federal Budget

From 1948 to 1982, the national debt stayed relatively stable, remaining in the $3 trillion range (adjusted for inflation). But over the next 40 years, it exploded by more than 11-fold. It currently sits at over $35 trillion.

Source: Treasury.gov

Why should we care?

Now that we’re no longer in a zero interest rate environment, annual interest payments on the national debt have ballooned to $908 billion, which is just about equal to our annual spending on defense alone. It is estimated that our annual interest payments will be a staggering $1.7 trillion within 10 years. That’s money that won’t be available for border protection, energy initiatives, veterans affairs, and a wide range of other necessary services.

The worse the situation becomes, the more expensive it gets.

A person with bad credit has to pay higher interest rates on their credit cards, mortgages, and car loans. The same goes for countries.

Argentina, a notoriously high-risk borrower, pays 40% interest to borrow money for one year.

As the U.S.’s debt situation worsens, lenders will demand higher interest rates in exchange for the elevated risk. That enlarges interest payments, which in turn increases the credit risk even further… It can turn into a vicious cycle.

Eventually, if the cycle continues unchecked, the whole thing will come crashing down like a house of cards. Will it happen in the next year? Probably not. In the next decade? Possibly. In our lifetime or our children’s lifetimes? Probably.

What would cause that crisis? It’d likely be some kind of black swan event like the COVID pandemic. The difference is during the pandemic, the U.S. was able to print dollars at low interest rates in order to keep some people afloat (and allow others to avoid returning to work). The next time we have some unusual event, it may not be as easy, especially with the world trying to move away from the dollar as the reserve currency.

Here are a few steps to take to protect yourself:

• Own metals. I’m no gold bug, but when the spit hits the fan, people turn to gold as a store of value. Precious metals like gold and silver are an important part of a well-balanced portfolio.
• Own rental real estate. No matter what happens, people need a place to live – and there’s nothing like the passive income and tax breaks that rental real estate provides.
• Own international assets. You’ll want exposure to stocks, bonds, and real estate from other countries that won’t trade in tandem with the U.S.

It’s always a good idea to have cash available too – to be able to pay for things, of course, but also to be able to scoop up assets that are being liquidated in a fire sale.

There are a lot of differences between Donald Trump and Kamala Harris. But when you’re deciding who to vote for in November, keep in mind that their approach to the debt unfortunately isn’t one of them.

The post We Can’t Keep Neglecting the National Debt appeared first on Wealthy Retirement.

Gold and silver are often useful hedges against inflation over the long term.

Silver tends to go up with the overall economy due to sizable industrial demand. And even though many people are calling for a recession, silver has performed well.

Meanwhile, gold has been climbing in conjunction with and in anticipation of higher interest rates.

Chief Income Strategist Marc Lichtenfeld says the recent moves in both metals are just the beginning.

The last time he was this excited about gold was in 2000… before it made a huge run higher.

So you should probably listen to what he has to say…

The post Expect Gold and Silver to Shoot Higher appeared first on Wealthy Retirement.

In this week’s episode of his YouTube series State of the Market, Chief Income Strategist Marc Lichtenfeld reveals his three top plays for beating rising inflation.

On Monday, Associate Franchise Publisher Rachel Gearhart discussed how last month, we saw the consumer price index rise to 4.2% – even though the Fed had forecast 1.8% inflation for 2021.

Marc was on top of this trend as early as August of last year, when he investigated the spread on Treasury Inflation-Protected Securities (TIPS) and concluded that the market was bracing itself for rising prices.

He wrote…

The federal government printed more money in June than it did in the first 203 years of this country’s existence… All that money sloshing around is inflationary… The current TIPS spread is 1.73. That is hardly hyperinflation, but it has been steadily rising and is above the average for the year. I expect this trend to continue.

That spread now sits at 2.41.

In August, Marc recommended safeguarding your portfolio using TIPS, gold and Perpetual Dividend Raisers.

In this week’s video, he’ll share three of his favorite dividend payers for combating inflation – absolutely free. They include a metals producer, an energy stock and an exchange-traded fund (ETF) you’ve likely never heard of before…

<<Click here now to watch this week’s episode.>>

Good investing,

Mable

The post Marc’s Top Stocks for Rising Inflation appeared first on Wealthy Retirement.

Chief Income Strategist Marc Lichtenfeld predicted this months ago – and also made two other key forecasts Associate Franchise Publisher Rachel Gearhart digs into in today’s Wealthy Retirement.

– Mable Buchanan, Managing Editor

Just last week, the U.S. Department of Labor announced that the annual inflation rate was a whopping 4.2%. The Federal Reserve, which until recently estimated that inflation would be 1.8% for the year, has been eating crow (more on this in a moment).

But The Oxford Club – and more specifically, Chief Income Strategist Marc Lichtenfeld – saw the writing on the wall a while ago.

In the September 2020 issue of The Oxford Income Letter, Marc said, “We’re at the beginning of several trends: an infrastructure boom, rising metal prices and inflation.”

Admittedly, analysts have been predicting an infrastructure boom since before former President Trump took office.

Of the three predictions that Marc made, the one regarding the infrastructure boom was the least surprising. That said, Marc’s timing was spot-on. Check out the surge in infrastructure since September…

The Global X U.S. Infrastructure Development ETF (CBOE: PAVE) is up more than 59% since September.

Then there was Marc’s prediction about a rally in metals prices… during a rally in metals prices.

In 2020, the prices of gold, silver and copper had spiked to their highest levels since 2013, but Marc thought they could go even higher.

Since the end of September, silver is up 17%, palladium is up 28%, platinum and aluminum are up around 40%, and copper is up a staggering 56%.

Since Marc’s prediction, gold hasn’t cooperated and is down around 3%.

In a recent call, Marc explained, “I’m not sure why gold isn’t participating in the rally. Perhaps Bitcoin is replacing gold as a store of value for some investors. But I think we’re in the very early stages of a big bull market in most metals.”

The boldest of Marc’s three predictions was the one he made about inflation.

In September, Marc said, “The risks of inflation are now unquestionably higher than they have been in decades. To ignore those risks would be a mistake.”

At the time, the Fed forecast 1.8% inflation for 2021. Hardly a number to lose sleep over.

Meanwhile, Marc was pounding the table that inflation would be well above 2%.

His argument was simple: Since 1914, the average historical inflation rate has been 3.2%.

For the 12 months that ended in September 2020, the annual U.S. inflation rate was a measly 1.2%.

It had to go up from there.

And boy did it…

As I mentioned, last week, the Department of Labor announced that the annual inflation rate was a colossal 4.2%.

In March 2021, the central bank revised its 1.8% inflation estimate to 2.4% for the year.

It was only six months behind Marc in admitting that we may be staring down the barrel of some daunting inflation numbers. (Though, it is the Fed… Is anyone really surprised it made a bad call?)

Marc’s predictions have panned out, so what now?

“The infrastructure, metals and inflation trends are just getting started,” Marc says. “Investors should add positions that will benefit from rising inflation, such as financials and commodity plays.”

Another way Marc is recommending combatting rising inflation is with cryptocurrency.

But it’s not what you might think…

At $50,000 a pop, Bitcoin is quite a gamble… And it would need to reach $100,000 per coin just to double your money! Don’t get me started on Dogecoin.

Luckily, Marc has found another way to get in on the white-hot crypto trend with a $9 “backdoor” investment opportunity.

According to Marc…

There are many who believe that crypto – specifically Bitcoin – is a good hedge against inflation because of the finite amount of Bitcoin that exists.

Should crypto continue to be popular, owning the stocks of companies that serve the crypto industry (and can make money no matter which way crypto prices go) will be an excellent way to increase your buying power and stay ahead of inflation.

If you’re interested in combatting sky-high inflation and dipping your toe into the crypto pool, check out Marc’s newest research for all the details.

Good investing,

Rachel

The post How to Play Sky-High Inflation appeared first on Wealthy Retirement.

Something big just happened in the crypto world.

It’s something that got very few headlines. But it represents a monumental shift in the hottest asset class on the planet.

Jim Cramer came out and said Bitcoin is better than gold.

Big whoop, right?

Who cares what a loudmouthed, made-for-TV pundit says?

Keep reading.

“But gold let me down,” he said in a YouTube interview. “Now I say 5% of gold, 5% of Bitcoin.”

It’s a good thought. We agree about slicing things up. In fact, we double that allocation.

But here’s the thing. It’s where folks will get it wrong.

There’s a big difference between gold, Bitcoin and almost all other cryptos.

The allocation in Manward’s Modern Asset Portfolio doesn’t call for a big stake in Bitcoin. It calls for a 10% stake in crypto. [Editor’s Note: Marc and The Oxford Club advocate that 5% of your portfolio go toward speculative assets like crypto.]

Crypto – not Bitcoin. There’s a big difference.

We fear far too many folks will hear Cramer’s bullish call on Bitcoin and miss the critical nuance.

That’s the problem with sound-bite media. It overlooks the details.

And that’ll kill ya.

Digital Cash?

Jim Cramer, like so many other pundits, equates Bitcoin to cash.

“I own Bitcoin. I’ve owned it for some time,” he recently said. “It’s an alternative to a cash position, where you make absolutely nothing. I think it’s almost irresponsible not to include.”

Again, it’s a fair thought… but it’s wrong.

But we get why the world’s most famous money screamer would say such a thing. Bitcoin has made him a TON of money.

Late last year, he put $500,000 into Bitcoin.

If it were truly a cash equivalent, he’d now have about $500,001.

But Bitcoin isn’t cash… and Cramer made out like a bandit. By our math, his stake is now worth more than $2 million.

If cash appreciates anywhere near that fast, we’re all in trouble.

And, of course, if something can rise that quickly… it can fall just as fast. That’s not so true with gold and certainly not the case with cash.

Equating the digital currency to either is just plain wrong.

Then why do we say to allocate 10% of your portfolio to crypto?

Well, see above… $500,000 just turned into $2 million!

It’s the hottest asset class on the planet.

It’s irresponsible not to own it.

But the story isn’t about replacing the dollar or finding an alternative to gold. No, the bull case here (and it’s the biggest bull case we’ve ever seen) is the massive amount of money flowing into the space from behemoth investors… and, bigger yet, the technology behind it all.

A Dollar for the Future

Take a token that we’ve been shouting about from the mountaintops.

It’s backed by companies like Microsoft, Dell and even major carmakers.

Cities are interested in the technology. Hospitals are getting excited. Even the super-hot world of electric vehicles is piling in.

It’s not because this token – which trades for less than $2 – is a replacement for the greenback.

And it has nothing to do with why we like gold.

But it has everything to do with a new type of technology that is spreading like wildfire and promising to upend so much of what we know about investing and technology.

It’s part of a huge wave of investing dollars that is about to upend the world of Wall Street.

Don’t think of your allocation to crypto as an alternative to gold or cash.

That’s silly and uninformed.

Think of it as exposure to the fastest-growing asset class on the planet.

And, in the words of Jim Cramer, missing out on that action is indeed “irresponsible.”

Be well,

Andy

The post Don’t Make This Silly Mistake With Crypto appeared first on Wealthy Retirement.