The prospects for further gold and silver price appreciation has rarely looked this strong.
Despite the nice jump in price gold, silver and the mining stocks have enjoyed so far this year, we’re still in the early innings (perhaps still the first!) of this new precious metals bull market. If history is any guide, the real action still lies ahead.
In fact, if the early 2000s bull run is any guide the average gold stock will multiply four times from current levels — and the better ones could go up 10 times or more.
This week, we aired a live webinar with several of the top experts on resource investing focused on how to position for (and not screw up!) the tremendous price appreciation wave that likely lies ahead for this sector.
It’s featured faculty were Rick Rule, president & CEO of Sprott US Holdings and renowned resource investor; Chris Martenson PhD, economic analyst and co-founder of PeakProsperity.com; and Brien Lundin, editor of the world’s oldest precious metals newsletter and producer of the world’s longest-running investment conference.
This 90-minute video features Ted Siedle, national pension expert and recipient of the two largest-ever whistleblower settlements from the SEC and CFTC, Chris Martenson PhD, economic analyst and co-founder of PeakProsperity.com, and Brien Lundin, publisher of GoldNewsletter.com and producer of the world’s longest-running investment conference — explaining how decades of central bank intervention have left us with an unavoidable insolvency crisis.
As Charles Mackay prophetically wrote nearly 200 years ago, “men go mad in crowds”; and today it seems the masses have indeed lost their minds.
We are currently pursuing our own destruction — economically, environmentally, and socially — and unless we wake from our mass delusion soon, we’ll only realize the errors of our ways after its too late.
Our current quality of life, societally-speaking, is the best it’s ever going to get for us.
Too many unsustainable trends resulting from humanity’s profligate ways are about to collide. And world governments have absolutely no plan in place to deal with the fallout. Instead, they’re doubling down on the status quo for as long as the can, to line their own pockets before the gravy train de-rails.
At tipping points like now, the steps we take in the present are critically important in determining our future.
With the recent fizzling of the principal storyline supporting the bullish narrative — an imminent trade deal with China — our predicted downside breakdown finally occurred this week. Here’s a new report we issued this weekend putting last week’s market troubles into context.
Trend reversals are caused by one thing only: a shift in investor sentiment. And it looks like such a shift (a tectonic one after such a historically long bull run) is underway.
The scam enabled by today’s financial ““markets”” coupled with lots of easy cheap credit flowing to big monied interests is every bit as egregious as the company store of old; only today’s victims are mostly blind to the way that the system is rigged against them.
Run this scam long enough and one day we’ll discover that the banks and their proxy agents — private equity funds, hedge funds, endowments, and family offices, etc — own all of the productive farmland, all of the mines, all of the oil wells, all of the timberland, and every other means of primary wealth production.
Conditions today mirror 2016, when growing weakness in the global economy and wobbling financial markets caused the world’s central banks to absolutely freak out.
They responded by dumping more thin-air money into the system than ever before in history. And it worked (for them at least). Economic growth stabilized; and the prices of stocks, real estate, and other assets enjoyed another three-year joyride.
Similarly, as things started getting shaky in late 2018, the same playbook was deployed. And again, we’ve seen stocks rocket upwards ever since.
But will the strategy actually work this time? It’s unclear. And a lot is riding on the answer.