Gold

The posterchild sectors of high risk capital in the first half of 2018 were the 3 C’s; Cannabis, Crypto and Cobalt. While everyone else is watching the 3 C’s hoping for a bounce, I’ll be watching the 3 T’s. Trump, Trade, and Tax Loss.

Kirkland Lake is Eric Sprott’s largest publicly disclosed resource position and its share price is very strong. It’s time Kirkland goes hunting like an alligator.

Any investor or speculator that’s been around the resource markets for a couple of years knows the famous line – but wait, there’s more. The share price of individual commodity stocks are highly leveraged to the price of the underlying commodity meaning you can see spectacular gains of 500%, 1000% and even 10,000%.

Six years ago, my life changed forever. And today, I want to share a few lessons I have learned from personal experience.

If you believe you are an ambush predator investor, pay attention. We will have some amazing investment opportunities over the next 6-18 months.

Right now, less than 1% of the world’s financial assets are allocated to gold and gold stocks. This laughably small percentage shows the world hasn’t caught on to the new gold bull market that’s already started. What do you think will happen when 0.5% of the world’s financial assets flow towards gold for protection? The sector will be in a once in a lifetime bull market.

I showed you why the easy money has already been made and why Bitcoin technology is still years away from revolutionizing money. Personally, I would rather take my chances on the greatest opportunity in gold stocks in the past 50 years.

I make my living putting money to work in the natural resource markets. And Fed moves impact the broader market equities and impact resource equities alike. Today I take a look at the effect of a general market correction on our resource portfolio.