Ross Beaty: We Are Starting Another Leg Up In Gold

ROSS BEATY: WE ARE STARTING ANOTHER LEG UP IN GOLD Ross discusses how he started his first public company called Equinox Resources in 1985 and then started Pan American Silver in 1994 which became one of the worlds pre-eminent silver companies. He feels that we have been in a gold bull market since 2015. Gold had a good breakout in 2016, and that seems to be in the first leg of a bull market. Anyone who has invested in gold equities should do very well in the next few years. He discusses the previous gold rally in the early 2000’s and how it was primarily due to the industrialization of China and how it overshot in 2011. Trump’s policies are affecting commodities as there have been massive run-ups in the broader markets. These corrections should be positive for the precious metals. 2008-2011 demonstrated just how much gold and silver could outperform. He says, “the odds for a meltdown happening again seem quite high.” Ross sold his clean energy company last fall, and since he still loves gold, he started a new Equinox Resources. He says, “The market is ready for another diversified mid to large tier gold mining company.” So far he has put together three companies with excellent projects into Equinox. Currently, they are looking at 320,000 ounces of production next year. He discusses his strategies for building a leading mid-tier company and what sorts of companies investors should be looking at investing in. You want a company that … Continue reading

James West: First Was Crypto, Now Cannabis, Next Up Commodities

JAMES WEST: FIRST WAS CRYPTO, NOW CANNABIS, NEXT UP COMMODITIES Canada has catalyzed the conversion of the Midas Letter from a mining centric to a broader multimedia digital platform that are now focused on video production. Recently they have focused on the hottest markets. Lately, that has been the cannabis industry. Canada has stolen the spotlight for this market, and they are working on a documentary about it. Midas Letter has launched a series of indexes for cannabis companies which have done well from 6.4x to 15x over the past couple of years. He thinks the bubble in cannabis will burst as the cost of production falls later this year. Many “non-licensed” companies will deliver cannabis to your door very quickly at a fraction of the cost of the licensed establishments. Three billion has been invested into the cannabis space so far this year in Canada, and some forty plus billion has entered it over the last few years. By mid-2019 a lot of money will flow into the resource sector. Gold currently is struggling and that may in part because of the younger generation has been looking at crypto. There is a broad perception that the days of fiat and commodity backed currencies are coming to an end. He doesn’t agree with that concept and is buying mining stocks. Copper will be significant in the next cycle and to lesser degrees lithium and cobalt due to the electric vehicle revolution. Battery demand is driving demand for these materials. There … Continue reading

David Morgan: Silver to $100 and Gold to $5000 by 2018 or 2019

BY COLLIN KETTELL ON SEPTEMBER 10, 2017 David is excited about the future of silver, “I have a lot tied to this sector. I’ve always felt that the highest calling you can have is to live your passion. You can be self-serving and serve others at the same time.” David discusses the gold-silver ratio and why it is very favorable for silver. He is convinced that the bottom is in for precious metals. Silver and gold were strong in 2016, and then we had the sell-off. The leading sector for 2016 was the gold mining sector. This year has been spotty, but we are at 12-month highs as we have retraced all of the earlier losses this year. If you look at the Junior space stocks are not up that far overall there is still lots of value. However, some of the ETF held companies had larger price gains. David discusses what the true price of gold should be in comparison to the M1 money supply and how it has changed over the years. By 2020 he expects we could see $100 for silver and $7500 for gold and why it will likely go beyond fair value. Silver should outperform in the long term once the big money has entered the gold sector. David tells the story about how Warren Buffett purchased 28% of the worlds silver in 2004. This story demonstrates just how tiny the silver market truly is. Talking Points From This Week’s Episode • We will likely … Continue reading

Frank Holmes: A Tsunami of Selling in Gold Miners Is About to End

BY COLLIN KETTELL ON JUNE 14, 2017 Editor’s Note from Dudley Pierce Baker Frank Holmes does a great job of explaining the situation with the GDX and GDXJ. The selling pressure should be coming to an end soon and friends, it is time to be invested in the resource sector, NOW. Frank discusses how the GDXJ became just a buying index with no separation of value and little understanding of who was doing well fundamentally. The re-balancing has created a large uncertainty with five billion dollars initially moving into the space and now three billion dollars leaving it. This will affect many of the small and mid cap producers. The investment money is being reallocated to the big names like the Barricks, the Newmonts, and the Goldcorps of the world. You should use this as an opportunity, as some of these stocks have been sold down indiscriminately even though they are reporting phenomenal fundamentals. June 16th is the last drop date for names that will be sold, look for opportunities to buy in afterwards and towards the end of the month. You want to be selective and look for those stocks with higher profit margins and high returns on invested capital. His analysis shows that a lot of shareholder value has been destroyed by companies increasing their shares. Only a few companies protected their shareholders wealth, and the large capital flows into GDXJ has tended to cover for those that did not. Wesdome and Klondex are two companies that … Continue reading

Palisade Radio Interview On Stock Warrants

BY COLLIN KETTELL DECEMBER 06, 2015     What are common stock warrants? How do they work? Common Stock Warrants can outperform options manyfold with less risk and for less money down. That is according to Dudley Baker, founder and editor of the Common Stock Warrants website and The Warrants Report. Dudley Baker started out as an I.R.S. agent in 1967 and became a team leader auditing the largest corporations in the world. Now days he has little use for the I.R.S. but this experience gives him a unique insight that he puts to good use with his 40 years experience in trading stocks, options, leaps, futures and warrants, to provide details on all warrants trading on the mining and energy companies. Talking points from this week’s interview – • Just what is a common stock warrant? • What advantages do they have over other securities? • Gaining access to warrants • Many warrants can outperform options 4 fold • Gold will come back into favor … Continue reading

Rick Rule: I Am Too Wise To Call A Bottom In Mining

POSTED ON OCTOBER 26, 2015 BY COLLIN KETTELL Is the bottom in? Rick has seen too many cycles to answer a question like that. Despite the many claims, truth is, nobody knows yet. But his previous call for a potential capitulation in October is likely off the table. Mr. Rule has dedicated his entire adult life to many aspects of natural resources securities investing. In addition, to the knowledge and experience gained in a long, successful and focused career, he has a worldwide network of contacts in the natural resource and finance worlds. As Chairman of Sprott US Holdings, Mr. Rule leads a team of earth science and finance professionals who are experienced with resource investment management. Talking points of this week’s interview – • Is there more upside or downside? • How a US dollar rally will impact the latest rally in miners? • What type of move off the bottom is indicative of a bull market? • Silver or gold as a speculation? • An update on the Sprott offer for Central Gold Trust. … Continue reading