Daily Wealth: Read This if You're Frustrated With Gold Right Now!

Article by Bill Shaw in Daily Wealth

Nothing goes straight up forever...

That's an important concept for investors to remember with precious metals right now.

Gold proved its value as a "safe haven" when stocks suffered their worst December since the Great Depression. And even after that, the precious metal continued to rise... It gained around 5% through the first six and a half weeks of this year. But then, the impressive rally petered out...

Gold will likely see a lot more ups and downs as the next precious metals bull market swings into full gear. But that doesn't mean it won't come.

I believe we'll see a huge rally as investors once again flock to this safe-haven asset. And it could happen relatively soon. Let me explain...

If you own gold today, you're probably frustrated. You could be concerned about a bigger pullback. You might even wonder if you should keep holding it.

But here's the thing. If you're frustrated with the lack of action in gold, think about why we want to own the metal in the first place...

It serves as portfolio insurance for the next economic crisis.

Around the globe, geopolitical turmoil is only getting worse.

To read this article in Daily Wealth in its entirety, click here.