Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

US Dollar Crashing, Gold Soars: Justuce at Last!

Currencies / US Dollar Sep 06, 2017 - 04:04 PM GMT

By: The_Gold_Report

Currencies

As the North Korean crisis escalates, Tom Beck, founder of Portfolio Wealth Global, discusses the rise of gold and other metals.

North Korea fired a ballistic missile over Japan last Tuesday, sending gold to its highest level in 2017. Last month, we told you that Ray Dalio, the world's largest hedge fund manager, suggested holding up to 10% of your portfolio in gold, warning of rising risks.

It's time to effectively prepare for the best buying opportunities.


The key number ALL traders are watching, and I want you to put it smack dab at the heart of your screen, is $1,352. This was gold's high for 2016, and it occurred on July 6, so we've been trading lower for close to 14 months now.

As of Friday's close at $1,324.40, we are 2.1% away from entering a technical vacuum that will drive most global short-term traders into buying mode.

Today, I'm seeing data that we last saw 6–12 years ago: Gold is suddenly outperforming stocks, and commodities are rallying, too.

Nobody—and I mean nobody—is paying attention, but I did in my 2017 portfolio blueprint.

Even more unique than gold in regards to price soaring are industrial metals. The zinc warehouse inventory chart reveals how imminent a price explosion is with top junior companies as supply shrinks and the price hits a 10-year high:

Remember, the longer this bull market in natural resources stays quiet, the better it is for us.

Let the rest of the herd chase FANG stocks. We’ll focus on staying away from our comfort zone, where it's much more intimidating but the rewards are uncanny in comparison.

We've tracked down a company that we have not been able to poke one hole at after months of due diligence, and I've had my team look at every angle.

It is my No. 1 zinc explorer/developer suggestion, and it is insanely cheap right now.

Rick Rule, arguably the smartest and most successful resource investor of the past 30 years, has paid CAD$0.50 per share for his clients at Sprott Group, but it's trading at the mid-CAD$0.30s today.

It is a steal!

When our team looks for investments in the resource sector, we know one thing for sure: 95% of companies lose money, burn cash, and leave investors dried up.

The only way to stick with the 5% who have the potential to make us life-changing returns is to only partner and invest with the ultimate best—that's exactly what we have with Callinex Mines today.

Here's precisely what our research gathered on Callinex Mines shows, and why I see it as a company with 300% potential from today's prices:

  1. People: Max Porterfield, the company's CEO and President, will be a mining legend someday soon.

He has been able to execute flawlessly on the business plan, which is why institutions as thorough as the Sprott Group, with Rick Rule at the helm, have been willing to come in with millions of dollars to invest in his vision.

Add that to four of the biggest names in geology. Specifically, I want you to focus on Mike Muzylowski, a hall of famer who has discovered 12 VMS mines in the same region that the company has some projects in.

The person you should conduct due diligence on, as we did, is Carlo Civelli, chairman of the advisory board, because he has been a serial winner with early-stage companies and led a number of them to become billion-dollar businesses.

This is as solid as human talent gets with this team.

  1. Projects with takeover potential: The company's market cap sits at CA$26 million, with ZERO debt and CA$7 million in cold, hard cash.

The market is valuing the company's projects at CA$19 million, and that mistake, a large one, is working to our advantage because buying right now is like getting a 60% discount.

Let's take a look at its projects and catalysts for growth:

All the properties are in Canada, and the company is drilling Pine Bay, which alone could make the company worth much more, depending on future drill results. Previous programs and their success are what attracted institutions to the bargaining table.

Its advanced development projects, Superjack and Nash Creek, have proven Indicated and Inferred resources, and once the PEA (Preliminary Economic Assessment) is completed by Q1 of 2018 and the hidden value is finally revealed, this could be a huge winner for early investors.

The mining districts of the properties are some of the best in the world, and I want you to research this thoroughly.

Click HERE for the Complete Company Overview.

Tom Beck is founder of Portfolio Wealth Global. Known as one of the first millennial millionaires in the United States, Beck is a relentless idea machine. After retiring two years ago at age 33, he's officially come out of retirement to head up Portfolio Wealth Global. He brings a vision of setting a new record for millionaires with his seven-year plan to accelerate any subscribers' net worth who will commit to the income lifestyle. Beck delivers new ideas on the marketplace that were once only available to the rich. Traveling the world, he's invested in over a dozen countries, including real estate.

Want to read more Gold Report articles like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosures:
1) Tom Beck: I, or members of my immediate household or family, own shares of the following companies referred to in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies referred to in this article: None. My company has a financial relationship with the following companies referred to in this article: Callinex Mines has a marketing agreement with Wealth Research Group. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned in this article are sponsors of Streetwise Reports: None. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Callinex Mines, a company mentioned in this article.

Charts and images courtesy of the author


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in