Here's Why Investors Bought $1 Million in Gold During the Jan. 16 Crypto Crash

By Jack Delaney / January 26, 2018 / moneymorning.com / Article Link

When Bitcoin prices plummeted 23% on Jan. 16, 2018, investors poured back into the best store of value on the planet – gold. Precious metal dealer CoinInvest sold $1.2 million in gold while crypto prices dipped.

And we weren't surprised…

Look, everyone knows gold is one of the best investments you can make during times of economic uncertainty. It's so valuable because there's only a finite amount, it has industrial uses, and it's been valued as a currency for thousands of years.

That's why crypto investors flooded over a million dollars into gold as crypto prices crashed on Jan. 16.

And while cryptocurrencies are the latest fashion for investors trying to make a quick buck, gold could be one of the greatest wealth creators we've ever seen…

Urgent: Multimillionaire Gold Investor Rick Rule Tells Us About Which Stocks He Owns Today

For over 40 years, legendary resource investor Rick Rule has followed one simple formula for producing astounding gains. That includes 6,100% on Silver Standard, 7,900% on Lumina Copper, and an astronomical 99,900% windfall on Paladin Energy.

With gold entering a new bull market, the profit potential for small gold mining companies is astronomical once again.

Based on what our readers have told us, they want to see the gold stocks that the smartest minds in the industry are buying.

That's why today, as a service to Money Morning readers, we had to share the details about the stocks Rick Rule bets will make him his next million dollars…

This Type of Gold Stock Could Allow You to Retire Early

Imagine putting $20,000 in a little-known gold company. You let your money sit and mostly forget about it – until a short time later, your shell-shocked broker tells you your investment is up an exceptional 150,000%.

Yes, your $20,000 investment is now worth $30 million.

According to Rick Rule – a multimillionaire natural resource expert who's been called "the man with the Midas Touch" – these life-changing gains happened thanks to a handful of tiny gold stocks.

In fact, Rick just sat down with us to talk about which kind of stocks those are and how they could hand you massive profits.

Go here to see our full conversation.

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