Today’s episode - Gold Soars

• Please support our sponsor. They provide valuable information for you and me. 

• If you enjoy this newsletter, please consider sharing it with your friends and business contacts by clicking the button below. ⬇️ 

  Share the newsletter

Good day! ✋ 

In a dazzling display of strength, Gold Futures (DEC4) reached a new closing high this Tuesday, driven by increasing anticipation of a September interest rate cut from the U.S. Federal Reserve. The precious metal has been on a remarkable run, outshining major stock indices with gains exceeding 23% so far this year. As market sentiment shifts towards a more accommodative monetary policy, analysts predict even brighter days ahead for gold, with some experts forecasting potential price surges to unprecedented levels. Join us as we delve into the factors propelling gold's upward trajectory and explore the exciting opportunities this presents for investors.

Before we dive in, why not check our IWA Portfolios?

Why upgrade to Premium for the IWA Portfolio?

Limited Trial Ongoing!

Smart investing isn't about reinventing the wheel but learning from those who've already found success.

The Investing Wise Academy Portfolios offer you more than just a list of stocks. They provide:

• Proven Strategies: Gain insights into the decision-making process behind our carefully curated stock selections. Understand why we choose certain stocks, how we balance risk and reward, and how we adapt to market changes.

• Long-Term Vision: Our focus on long-term investments means you'll get a portfolio built for sustainable growth, not short-term gains. Learn to cultivate patience and discipline, essential traits of successful investors.

• Diversification Made Easy: Whether you're interested in high-growth potential, steady dividends, or a blend of both, our three portfolios provide diversified options tailored to your risk appetite and investment goals.

• Daily Trades Access: Witness our strategies in action with daily trade updates.

Upgrading to Premium isn't just about accessing a portfolio. It's about gaining a proven roadmap to financial success. Learn from our experience, accelerate your investment journey, and build a portfolio that reflects your long-term goals.

Don't miss this opportunity. Sign up now and make informed investment decisions!

Paying the bills

Our newsletter is powered by #beehiiv, which partners with trustworthy and high-quality advertisers. We receive payment from the advertisers for each verified click. You may find something valuable by clicking to explore the products or services being promoted. When you click, not only do you have the opportunity to benefit from the ads, but you also help support our efforts to improve our newsletter for you as our readers or listeners. All profits are reinvested into growing our newsletter to provide more excellent value. Your genuine engagement with the ads would mean a lot to us.

Today’s sponsors…

Learn how to become an “Intelligent Investor.”

Warren Buffett says great investors read 8 hours per day. What if you only have 5 minutes a day? Then, read Value Investor Daily.

Every week, it covers:

• Value stock ideas - today’s biggest value opportunities 📈

• Principles of investing - timeless lessons from top value investors 💰

• Investing resources - investor tools and hidden gems 🔎

You’ll save time and energy and become a smarter investor in just minutes daily–free! 👇

Subscribe now with one click.

Gold Futures (DEC4) (GCmain.US) reached a new closing high this Tuesday. This increase is attributed to the growing expectations of a September interest rate cut from the U.S. Federal Reserve. Gold prices have risen over 23% this year, outperforming the three major U.S. stock indices.

In July, directors from the Chicago and NY Federal Reserve Banks were in favor of a discount rate cut.

The boards of directors overseeing the Chicago and New York Federal Reserve banks have voted to lower the central bank’s discount rate by a quarter percentage point in July, according to meeting minutes released on Tuesday.

The meeting minutes from the discount window provide insight into the potential direction of monetary policy. With inflation pressures easing and concerns about the job market increasing, it is highly likely that the Fed will reduce its rate target at the September policy meeting. According to the CME Group's FedWatch tool, there is a 67% probability of a 25 basis points rate cut and a 33% probability of a 50 basis points cut.

What experts are saying about gold pricesIn a recent note, UBS analysts mentioned that they are expecting three 25bp rate cuts this year and that this, along with the decrease in real rates and a weaker US dollar, has had a positive effect on the price of gold. They also stated that in their view, gold is not currently overvalued. They pointed to macroeconomic factors, investor positioning, and market dynamics as indicators of the potential for further price increases.

In a separate report, Citi analysts suggested in July that gold prices could climb to $3,000 per ounce due to potential significant expansion in financial flows. The bank also noted that a dovish pivot by the Federal Reserve "should be bullish for gold and silver into year-end," with positive effects expected for base metals like copper as well.

Alamos Gold CEO John McCluskey expresses a bullish sentiment, predicting a target of $2,650 by the end of the year. McCluskey, with over 35 years of experience in the gold mining industry, highlighted political upheaval and international unrest, alongside the issue of U.S. debt and the strength of the economy, as long-term factors that are likely to continue driving the price of gold to new heights.

He mentioned that the U.S. debt has grown exponentially in recent months, reaching its current level of over $35 trillion. When combined with anticipated rate cuts from the Fed, the upcoming U.S. election, and growing concerns around the U.S. economy, these factors could further increase the potential for gold.

How can we take advantage of the increasing gold prices?

Due to the convenience and high liquidity of gold ETFs, as well as the ability to trade them online during trading hours, investors can profit from rising gold prices by investing in ETFs.

In terms of year-to-date performance, popular gold ETFs like SPDR Gold ETF (GLD.US) and Gold Trust Ishares (IAU.US) have increased by over 21%, outperforming the S&P 500 Index, which has risen by 17.24%. Additionally, the leveraged ETF, ProShares Ultra Gold (UGL.US), has experienced a gain of more than 37%.

We support diversification, so if you're considering investing in gold, I hope this information will assist you. However, remember that we are not financial advisors, so conduct additional research before considering investing in gold.

Sources: Moomoo News

Remember, investing is a journey, not a sprint. While August and September may present challenges, they're also rife with opportunities for those willing to do their homework. Keep your eyes on the horizon, stay informed, and never stop learning.

That’s it for this episode!

Thank you so much for reading today’s email! Your support is the only way I can write this email for free daily.

Kindly give us feedback in the poll below and share the newsletter with other investors if you find it valuable!

Remember: Investing is a journey, not a destination. It's about making informed decisions, managing risk, and staying committed to your long-term goals. So, take the time to research, experiment, and find the perfect recipe for your balanced portfolio.

Cheers to wealth, wisdom, and a dash of madness!

The Investing Wise Academy Team

Disclaimer: This newsletter is for informational purposes only and should not be considered financial advice. Please consult with a financial advisor before making any investment decisions.

Limited Offer!

What is Alpha Picks?

Two data-driven stock picks each month to hold long-term

Access to all Alpha Picks (over 20 stocks) on day 1

The stock picks cover multiple sectors

The performance to date has significantly outperformed the S&P 50