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Americans households lost roughly $16 trillion in net worth between during the last U.S. recession (2007-2013). But some forward-thinking investors actually profited by 98%.
Between 2006 and 2012, gold prices climbed from $836.50 to $1,664 per ounce.
As Money Morning readers already know, gold should be in every portfolio because it's a "safe-haven" investment.
Gold maintains, and even increases, in value during economic turmoil, because there's a finite amount, it has industrial uses, and it has been valued as a currency since 700 B.C.
And by following along with Money Morning Liquidity Specialist - and Wall Street veteran - Lee Adler, who has 50 years of experience in finance, our readers know the catalysts that could lead to a stock market downturn in Q1 2018. That means it's time to prepare your portfolios.
By investing in gold now, forward-thinking investors can handle whatever the market throws at them.
How to Tell If Your Gold Is Real
Not only will gold protect your portfolio during a recession, but gold is entering a new bull market, which will make it even more profitable to own.
Today, we're showing you our bullish 2020 gold price prediction from Money Morning Resource Specialist Peter Krauth.
Even without a downturn, gold prices are expected to skyrocket 296.97% in the next two years...
Our Bullish 2020 Gold Price Prediction
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Krauth's newest gold price forecast has the precious metal soaring to $5,246 an ounce by 2020.
From today's prices of $1,321.50, that's a potential profit of 296.97%.
"The bears have been unable to quash gold," Krauth said. "That's why I'm looking for the next big move to the upside, and it could come right after the Federal Reserve hikes rates."
If history is any indication, the markets are set up for a bull run.
Every gold bull market has offered astounding returns. The median return and duration of each bull market over the last 47 years has been 451.4% and 41 months, respectively.
After the Fed raised interest rates in December, Krauth believes the price of gold can really take off.
Any dip in gold prices is going to be a buying opportunity moving forward, and we'll keep our readers in the loop about gold news as it unfolds through our free Profit Alerts service.
These Little-Known Gold Investments Could Have Handed You Up to 7,679% Profits
In an elite, free report, see what the gold market's ultimate authority is doing that the markets have never seen before.
He's planning to discuss the stocks he buys with his own money.
You see, in this new bull market, these obscure, often-overlooked stocks have already delivered enough profits to turn $1,000 into as much as $77,000 - or to turn $25,000 into nearly $2 million.
Once you see the profit potential for yourself, your life will never be the same again.