After years of extremely low official inflation, the "I-word" is suddenly back on everyone's lips thanks to buzz around the incoming administration's big spending and stimulus plans.
Now, since gold is a classic safe haven for money – especially as a hedge against inflation – you'd think gold would be picking right up… But it recently hit a 10-month low.
This is a terrific opportunity to make some serious profits on gold, but my Money Calendar is telling me the biggest gains will come from buying on this date early next month…
This Is the Smartest Way to Lock in Gold Profits
Gold might not be on a lot of holiday wish lists, but it sure ought to be. If people could see my data, they'd be pretty excited about the yellow metal, too.
Gold is a commodity you can use to diversify your portfolio and really something you can consider as an investment when you don't feel confident in equities or the overall stock market. That's why it's been historically known as the safe haven for your money.
It's also a good place for you to park your money in the long term (beyond 20 to 30 days) for more conservative growth…
But not at this exact moment. Here's why…
I've pinpointed a gold pattern using my proprietary Money Calendar. I've analyzed more than 10 years' worth of price movements on the most popular gold stocks and exchange-traded funds (ETFs) during the 14 days before Dec. 25.
Of all of them, the one that tells the most compelling story, with the most profit potential, is the SPDR Gold Shares ETF (NYSE Arca: GLD).
This Play Comes Direct from the Money Calendar
About the Author
Tom Gentile is widely known as America's #1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Now, he's diving into the biggest market in the world - one that almost no one has heard of before.