Over the last couple of months, gold has scaled record highs, peaking at over $2,430 an ounce before correcting and settling in the $2,300 range.

That's a healthy gain. But you could argue that gold remains significantly underpriced given the inflation we've experienced that continues to rapidly devalue the dollar.

That leaves many people wondering when gold is really going to break out.

It's impossible to predict the timing of such things, but as Metals Specialist Garth Patchen put it, "It will leave the port-of-call at some point."

"And like Noah's Ark of old, those who miss the boat will face a catastrophe.

The thing is there are only so many seats on board, and prices are relatively cheap at present. 

Do you really want to wait until the final hour?

Patchen paints a vivid word picture.

Imagine the masses trying to clamor aboard at the last minute, in the last hours before the doors close.

Unfortunately, their flimsy financial "life preservers" (fiat dollar-denominated assets) won't be adequate. They're not going to float in the tempest to come.

Imagine trying to bail out of stocks when they're dropping like a rock in an effort to salvage something close to your original investment (principal).

Imagine trying to get your cash out of the bank when "capital controls" are instituted, and you can only pull out $3,000 per day or less -- or none.

Imagine trying to purchase physical gold and silver at much, much higher prices.

Imagine the FOMO (Fear of Missing Out).

Imagine the fearful, stressful rush to find safety in the face of an oncoming disaster.

Imagine if you can, how sweet the sleep is of those who have prepared ahead of time for any eventuality.

And the worst scenario?

Imagine missing the boat altogether.

Money Metals Exchange and its staff do not act as personal investment advisors for any specific individual. Nor do we advocate the purchase or sale of any regulated security listed on any exchange for any specific individual. Readers and customers should be aware that, although our track record is excellent, investment markets have inherent risks and there can be no guarantee of future profits. Likewise, our past performance does not assure the same future. You are responsible for your investment decisions, and they should be made in consultation with your own advisors. By purchasing through Money Metals, you understand our company not responsible for any losses caused by your investment decisions, nor do we have any claim to any market gains you may enjoy. This Website is provided “as is,” and Money Metals disclaims all warranties (express or implied) and any and all responsibility or liability for the accuracy, legality, reliability, or availability of any content on the Website.

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