Mining Stocks Could Be Next Big Thing: Massive Gains Likely In 2019 & Beyond

Mining Stocks Could Be Next Big Thing

iStock.com/Tzogia Kappatou

Mining Stocks Could Generate Gains As Cryptocurrencies & Tech Stocks Did

If you are looking for the next big trade, don’t ignore precious metal mining stocks. They could be setting up to reward investors immensely.

You see, over the past few years, precious metals were ignored because other asset classes were doing really well. During this period, precious metal mining stocks were sold off by investors.

Why would you buy gold when you could buy skyrocketing Bitcoin? Or why would you even look at silver prices when Amazon.com, Inc. (Nasdaq: AMZN) is a trillion-dollar company and analysts are telling you its stock could go higher?

In the new year, don’t be shocked if investors all of a sudden start to pay attention to precious metals again.

Why? Because everything else looks bad.

There are a lot more risks present these days than there were previously. The housing market is doing horrible, the high-flying cryptocurrencies have crashed badly, the once-hot stocks are not hot anymore, there are worries about the global economy slowing down, the U.S. economy could be headed toward a recession, China is facing headwinds, the eurozone is struggling, and the list goes on.

Precious metals are something that investors rush to when things are looking bad. If we see a rush toward precious metals like gold and silver, we could see their prices soar.

Mind you, over the past few years, we have seen the fundamentals of the precious metals market improve significantly. So, if there’s a rush to buy these metals, the move to the upside could be huge.

Coming back to precious metal mining stocks, as precious metals were ignored, miners faced a lot of scrutiny from investors.

Across the board, we have seen mining stocks tumble in value. For perspective, look at Barrick Gold Corporation (NYSE: ABX). It traded close to $60.00 in 2011. Now it trades well below $15.00.

Several major miners have become penny stocks over the past few years.

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Disclaimer: There is no magic formula to getting rich. Success in investment vehicles with the best prospects for price appreciation can only be achieved through proper and rigorous research and ...

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