Act III is where you’ll make the biggest money in this bull market…

In yesterday’s DailyWealth, I updated you on my investment “script”…

The basic idea is that Mom and Pop America are about to migrate from ultra-low-interest investments (like cash and bonds) and into stocks. That “Great Migration” will happen in three stages…

Act I is when safe, dividend-paying stocks soar. That’s already happened. Act II is when stocks with slightly more risk (like tech stocks) move higher. As I showed you yesterday, we’re a few months into Act II.

[ad#Google Adsense 336×280-IA]But Act III is when the REAL money gets made – hundreds of percent gains.

And I think it’s just beginning…

Act III is the most speculative part of my investment script…

It’s the part where Mom and Pop America begin to take on bigger risks.

They’re going to buy stuff like emerging markets and gold stocks.

And I believe these stocks are turning around right now.

Gold stocks – measured by the Market Vectors Gold Miners Fund (GDX) – are already up 28% since bottoming in late June. While gold stocks could continue moving higher, I believe the best opportunity is in emerging markets…

You see, emerging-market stocks have been in a multiyear bear market. But it appears they bottomed in late June. Since then, we’ve seen big gains in a short period of time. Take a look…

This makes me think we’ve seen the bottom. And there’s still a ton of upside potential here for one simple reason… emerging markets are crazy-cheap.

Just take a look just how cheap the major emerging markets are today…

Act III is beginning now. Emerging markets are just starting to bounce off multiyear lows. And they are seriously cheap.

Russia, for example, hasn’t been this cheap since 2008. It followed that low by climbing 119% in just 15 months. China is the same story… It soared 83% in just eight months the last time it was this cheap.

Of course, this is a speculative idea. But if I’m right about the start of Act III, our gains could be huge. Triple-digit upside is entirely possible.

From these levels, the next move higher should happen quickly. Don’t miss it.

Good investing,

Steve

[ad#stansberry-ps]

Source: DailyWealth