Precious metals like silver and especially gold have had a stellar year, to put it mildly.
The physical bullion-backed SPDR Gold Trust ETF (NYSEArca: GLD), probably the easiest way to invest in gold, is up more than 30% this year.
If you bought it at the March bottom, you'd be up even more, nearly 37% or so.
Since the last great gold bull market ended in 2011, this is the most movement (and most profit) gold investors have seen.
It's undeniably exciting.
Thanks to the bull run, gold seems to be everywhere; Wall Street is talking about it again, ads for gold are everywhere on television, and mobile app-based traders are piling in.
In the long term, they're absolutely right: Gold and silver will keep rising, and I'll show you why.
But do not join the crowd. At least not yet. What's unfolding right now will burn many overeager traders before it creates a big buying opportunity.
The real short-term opportunity I'll show you in a minute holds even bigger profit potential, and it won't be long in coming.
About the Author
D.R. Barton, Jr., Technical Trading Specialist for Money Map Press, is a world-renowned authority on technical trading with 25 years of experience. He spent the first part of his career as a chemical engineer with DuPont. During this time, he researched and developed the trading secrets that led to his first successful research service. Thanks to the wealth he was able to create for himself and his followers, D.R. retired early to pursue his passion for investing and showing fellow investors how to build toward financial freedom.
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