Source: Lior Gantz for The Gold Report 04/17/2017
Gold is breaking out due to geopolitical concerns and continued conditions of negative real interest rates, says Lior Gantz, editor of Wealth Research Group.
On technical aspects, gold is at a five-month high and surged above its 200-day moving average for the first time since November 2016.
For four months, we’ve been researching some of the most advanced strategies to own gold, as we want to store wealth, but also grow it.
This led us to a provocative idea of finding a pure money holder.
When we realized that such a company exists, we took a position ourselves and drafted this letter to legendary speculator George Soros.
We wrote to him:
Mr. Soros,
Your guys ought to set up a meeting with this CEO.
You’ll get a schooling in the proper way to advance a junior mining company, and your people might learn that the new generation of resource entrepreneurs are actually value investors and genuine business builders, like yourself.
Studying 40 years of your investment history, we saw that your Quantum fund achieved its best results during the 1970s, when gold was breaking out, the Fed was raising rates, and real inflation was negative to zero.
Since this is much like today’s economic condition, it would be to your benefit to keep an open mind and sink your teeth into this deal.
Here are our bullet points for you:
1. This CEO also heads one of the only companies in the U.S. that produce a key energy source. He has made shareholders 500%, 600%, 700% and 1,000% on numerous occasions.
2. We already know you’re a master gold speculator and seasoned sentiment trader.
Know that …read more