Summary:
- Kinross (KGC) Chart that illustrates the Bull Market lift-off in precious metals
- Precious Metal and Industrial Mining ETF’s as a way to participate in Bull Run
- Government Policy that is creating the move towards physical assets
Summary:
The stock market runs in cycles that historically have run between three to five years. There are additional market cycles that are both shorter and longer. Three to five years is the cycle we are focused on here.
We are heading into the conclusion of year four of the LOTM: Ten Under $10 for the Double. We have had some very big winners and some disasters. We still own some names that we believe can recover from their poor performance. Like any activity, assessing and refreshing the process is necessary for improvement. Our way of dealing with this is to wind down Game One as we head into the last few months of year four of the three to five year cycle. By winding down I mean not adding any new names to Game One and let the current positions run their course. We have some good winners that can continue winning. We have had some performance disasters that might, and hopefully, will recover. Thinking positively, we have some value as tax loss position to shelter gains from the multi-bag winners we have or might get. The mining sector is in what we believe is the first third of a bull market phase. We have a lot of mining stocks underwater we believe can recover in pricing. Continue reading
There are still people who don’t believe or recognize the global transformation upon us at this time due to Blockchain, Crypto and Tokenization. Wealth creation is happening in this transformation. It is in motion as we write this article but its “application” rather than the tools, is just starting. Bitcoin has averaged 150% annual compounded returns since its inception in 2009. That’s 15 years of compounding return at 150%. The world has never seen this before. It has been volatile, true, but no one can ague the returns in just 15 years. Fifteen year seems like a long time – especially if you are one of the many who deny this technology exists or that it is a real asset.
We encourage you to do some reading and rethink your position. The “application” stage of Crypto, Blockchain and Tokenization is happening now but is still at the beginning of the ballgame, in the first inning with no outs. The next five-years is going to amaze and build wealth in dramatic fashion. Don’t be the one who looks back and says, If only I would have looked at blockchain more deeply. Continue reading
We are still holding and committed to Galaxy Digital shares for a double in the price from the current level. Continue reading
Gold appears to have completed its first leg higher and is consolidating that upward move. Probability favors the trend continuing as the Federal reserve is refinancing US Treasuries in the second half of 2024. Continue reading
In this Blog:
Equinox Gold (EQX*) Ready to expand production by 400,000 Oz Gold Annually
Production has begun at Greenway, EQX’s eighth gold mine. EQX also announced they have consolidated its ownership of Greenway to 100%. Annual production at Greenway is projected at 400,000 ounces of gold annually.
Greenway will be the largest producing mine in EQX’s portfolio of mines. It is also EQX’s lowest cost of production mine, and one of the largest gold mines in Canada. Continue reading
Speed listen while driving or working out to cut time but tons of solid logic in these conversation. It bothers me a little to have so many people saying the same thing, yet the reasoning is solid.
Geo-political situation is unclear. This week, a video appeared of B-52’s being armed at Grand Forks, ND with live nuclear tipped cruise missiles. There is only one thing more real than that.
The common theme is boiled down to – the only choice the US has, is to devalue the US Dollar and let gold run. Continue reading