Deepcaster’s view that a Few Key Sectors offer both great Profit Potential and Wealth Protection is borne out by today’s Take Profit Notice.
Indeed we have made several such recommendations recently, all with great profit potential. (See Our BUY RECOS) Indeed, many have multi-Hundred % Profit Potential.
Today we recommend taking profit on Sprott Gold Miners ETF (SGDM) a tracking ETF. The investment seeks results that correspond (before fees and expenses) to the performance of the Solactive Gold Miners Custom Factors Index. The underlying index aims to track the performance of gold companies located in the U.S. and Canada whose common stocks or American Depository Receipts (“ADRs”) are traded on the Toronto Stock Exchange, the New York Stock Exchange and NASDAQ. The fund will normally invest at least 90% of its net assets in securities that comprise the index. The fund is non-diversified.
Given the Economic Impact of the CoVid-19 Pandemic and Oil Price War, the Demand for Real Money has predictably increased.
Accordingly, SGDMis up about 75% since we recommended it as a Fortress Asset. We think SGDM is going much higher but we believe in Taking Profit when you have it.
Recommendation to Consider:
Sell HALF of your holdings of Sprott Gold Miners ETF (SGDM) at $37.00 per share or better.
And see Deepcaster’s recent RECOs which have multi-100% Profit and Wealth Protection Potential as well as our recent Profits Taken List below.
July 28, 2020
Paid Subscribers can see All Deepcaster’s Buy Recommendations & Bull Sectors posted under SUBSCRIBERS.
Note 1: Our attention to Key Timing Signals and Interventionals and accurate statistics has facilitated Recommendations which have performed well lately. Consider our profits taken just this year in our Speculative and Fortress Assets Portfolios:
- 50% Profit on Precious Metals on June 30, 2020
- 75% Profit on a tracking ETF on March 16, 2020
- 45% Profit on Basic Materials on March 9, 2020
- 53% Profit on a tracking ETN on March 4, 2020 (the 4thTake Profit on this ETN)
- 62% Profit on the VIX on February 28, 2020
- 55% Profit on an ETN on February 24, 2020
- 110% Profit on a T-Bond Call on January 24, 2020 in just 14 days.