Markets Just Notched Another Record Close — Get Ready for More!

"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria."

— John Templeton

I should have been much more scared than I was. But I was young, dumb and didn't know better.

When I was about 10 or 11 years old, I climbed a gigantic cottonwood tree. Going up was easy, but I almost scared myself to death when I realized climbing down was going to be very dangerous.

Today, I still start to feel a little faint whenever I peer over the ledge of a tall building. Yes, I am scared of heights.

It turns out that a lot of investors are scared of heights, too. With the stock market hitting new, all-time highs, a growing number of investors are becoming Nervous Nellies and fleeing the stock market.

It's hard to blame them. After all, a whole lot of my professional money manager peers feel the same way.

According to the latest Big Money Poll from Barron's, only 27% of professional money managers think the stock market is headed higher.

And that is the lowest percentage of bulls in 20 years. Remember, these guys and gals manage billions of dollars.

This pessimism is probably going to turn out to be a big mistake. That's because history tells us the stock market is going higher — not lower — and that means NOW is a great time to put new money to work.

I say that because whenever stocks hit all-time highs, history tells us even more gains are right around the corner.

Since 1915, the Dow Jones Industrial Average has made over 1,350 new all-time highs. This works out to roughly 13 new highs a year.

Each time that has happened, the stock market climbed an average of 12.34% in the following 12 months. Even better, after five years, the S&P 500 rose by an average of 32%.

Of course, averages can be deceiving. But get this:

Once the stock market hits a new high, there's a 90% chance it'll hit another high within four months!

90%!

There is no such thing as a guarantee when it comes to the stock market, but a 90% success rate is as close as you'll get.

Contrary to what nervous investors may think, record highs are far from danger sign. Instead, new all-time highs are the foundation of even higher highs.

Think about what has been driving the stock market higher.

• The Trump Tax Cuts: American companies and workers have more money in their pockets than ever, and that is a virtuous cycle of prosperity.

• Friendly Federal Reserve: Not only has the Federal Reserve chopped interest rates, but it has embarked an aggressive bond buying spree that is bigger than QE1, QE2 or QE3.

• Foreign Flood of Money: The world is awash in negative-yielding bonds. The U.S. is the ONLY developed country that has sovereign debt with a positive yield. Foreign money is gushing into U.S. bonds and U.S. stocks. And that isn't going to change anytime soon.

Don't feel bad if you're nervous; you've got lots of good company. But remember that stock market rallies usually begin when investors are overly pessimistic.

And if Sir John Templeton's right, we are at the beginning of a new rally phase. Which makes now a good time to face your investing fears.

If you still prefer safe havens like gold right now, I don't blame you. It's surged to six-year highs and is in a solid, confirmed bull market. And three powerful, cyclical forces point to another 100% surge before the end of 2021.

And if you want to ride the bull market in GOLD to windfall gains, my colleague Sean Brodrick has produced a brand-new video showing you how.

Sean reveals two red-hot gold stocks that could hand you a huge windfall if you get in BEFORE gold surges to new, all-time highs … his top THREE landmine stocks to AVOID at all costs … his answers to our readers' gold-investing questions … and more!

Time is running out to watch his timely video. But you still have a chance to claim your bar of pure, Swiss-minted gold. Sean only has 150 to give away, and many have already been snapped up. So if you want to grab YOUR bar of gold, I strongly suggest you watch the broadcast ASAP.

Just click here to watch Sean's High-Profit Gold Stock Forum.

Best wishes,

Tony Sagami