This is how you can keep from missing out on a real “opportunity of the century”: Use the Warren Buffett strategy to make a fortune on this metal
Jason had a plan, and it was a good one.
It was simple, really. At the time, only about $20 million in gold was in public circulation in New York City. Jason calculated that with the help of his friend Jubilee Jim, they could buy up enough gold to control the market. This is known as “cornering” the market. If you can control the market, you control the prices and you can reap a king’s ransom in profits.
Jim made the initial purchase of $7 million. Over the course of several months, they quietly worked through brokers to continue buying up large quantities of gold. The price crept up… $132… $141… $150.
Short sellers started to feel the squeeze. Many called on the Treasury Department to sell its own gold to alleviate the upward pressure. Jim and Jason, meanwhile, were busy accumulating $60 million in gold.
But the President was onto them. He resolved to bust their monopoly on the gold market. So on the morning of September 24, 1869, President Grant ordered the Secretary of the Treasury to flood the market with gold.
Minutes later, the price plummeted from $160 to $133. The United States economy plunged into chaos. Jason “Jay” Gould, however, emerged unscathed, netting over $12 million. His little scheme put him well on his way to becoming one of the richest men in American history.
There’s been several attempts to corner the gold market since then, but no one has managed to capture enough market share. Cornering is a risky venture, and you can get burned big time. For example, in 1990 the late Marc Rich famously tried to corner the zinc market. It back fired big time and he ended up losing over $200 million and the controlling stake in his company. That company eventually evolved into what is known as Glencore today.
It’s nearly impossible to corner a market like gold or silver (just ask the Hunt brothers), the government will always intervene. My theory is simple, the government will never allow the collapse of the many for the gain of a few.
Marc Rich was close in zinc, but there were too many players to fight against so he eventually lost. The Hunt brothers were close in Silver in the early 1980’s, but the government stepped in and ruined their world class attempt to corner the silver market.
Where you can make a fortune is by cornering a market that is still in its infancy.
If you can do this, then you’ve got an early mover advantage, the lowest cost of capital, and a stranglehold on the industry.
This is happening right now to one of the world’s most important metals. Demand for this metal is poised to grow 10-fold over the coming decade and four companies control global supply.
That metal is lithium.
Its value has already increased by 290% in the past three years. That’s why Warren Buffett has already made his move into the lithium rush.
This is an opportunity that has rarely been seen in the century since President Grant unwittingly made Jay Gould rich.
This time, though, the profit will be made with the help of the most powerful governments in the world, including China and the United States. And the demand will not be driven by two rogue investors: It will be driven – literally – by millions of people around the world.
To help you understand the intricacies of this market, my team and I just published a brand new special report called “Everything You Need to Know About Investing in Lithium”.
In it, you will learn the dangers to avoid and the secrets to making money in lithium, including:
- How to really make money investing in lithium (most people approach it all wrong)
- The reason most investors severely underestimate lithium demand
- The exact date when demand will outstrip supply for lithium – and the price will jump higher
- One Katusa Metric to instantly tell a winner from a loser in any lithium deal
Because you are a member of Katusa’s Investment Insights, this detailed report is exclusively free for you. To access your free report and our full analysis on the lithium sector, click here.