This Is When You Make Your Money
I remember one of my first big wins with a Casey Research stock, before I worked for the company. It was a junior gold stock Louis had recommended, and in less than a year I sold it for a double. It was exhilarating.
I proudly shared my success with someone at a conference a month later who'd owned the same stock. I was beaming – until he told me that he'd tripled his money.
How did he do that?! I wondered. I looked back at a chart and found the stock had briefly sold off at one point, and sure enough a triple would've been feasible if one had bought during that window. He did.
Last week's abrupt and unexpected sell-off in many precious metals stocks was a smaller version of that same opportunity.