“We are not dreamers,” he says. “We did it with the copper. We did it with the lithium. I would like to make it even bigger with the gold. I would like to do better, to keep a 25% stake.”
It’s a vision for growth that makes a lot of sense. In tough markets, where capital is scarce, this kind of approach may well end up being a model that others choose to follow too."
Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions.
Do Your Own Research.
I trust that you are staying safe, my Friends. Avoid all crowds, particularly in the investment world. If you feel confused and disoriented and it's not because of tear gas, do not worry. You are not alone. Markets are defying gravity, laws of nature and are driven by the visible hand of FED.
Chart by @Schuldensuehner
Chart by @Schuldensuehner
What Virus? The QE vaccine for 0,01% is already here. FED is pumping freshly "digitally printed money" to those who are closer to the Pump. The world is saved again. I am out of politics and I do not even have any magic cure from my hay fever and developed allergy for all form of nonsense.
So we will stay here applying the Oxygen Mask Rule. Put your mask on first, then help the others: your Family, your Business, your Comunity. Do not get carried away from your money - always do your own research. And never fight the FED...
If you still have any doubts, NASDAQ's new All-time High must address it. The best environment for the equities and their bull markets can be achieved, apparently, during deadly pandemics, record numbers of unemployment and destroyed businesses, and riots. FED has found finally all alchemists' dream - the eternal youth potion - at least for this stock market bull.
Chart by @Northst18363337
Even the stubborn US Dollar is tired of its fight and after FED's "Strong US Dollar Policy from 1913" is ready to give up the way to the newly found prosperity fueled by record debt.
My brave scientific thesis remains the same: Gold is The Ultimate Hedge and the best Gold mining companies become the wealth generators in the Age Of MMT. Frank Holmes helps us today to bring a healthy dose of common sense into Ray Dalio's "World's Gone Mad" and review The Big Picture for Gold.
As we discussed yesterday on my Twitter feed, Jim Puplava made another brilliant interview with Frank Holmes discussing The Big Picture For Gold. Frank is spelling out the main drivers for this Gold Bull market. It is not just about Gold Bug's Religion anymore - the next fuel to launch this golden rocket is coming from funds who will be chasing the rising cash flow yields among the best Gold mining stocks. The best Gold mining companies are literally printing money with rising Gold prices and falling energy costs:
It’s time to buy #Gold stocks for Funds, the best ones are literally printing money. Rising Gold and falling energy prices are driving cash flow yields UP. ✅ Brilliant interview of @bulldogholmes by #JimPuplava @FinancialSense_ ๐บ๐ธ⚒๐จ๐ฆ⛏๐ https://t.co/2CuGqG1ruf— Kirill Klip ๐๐ฅ#rEVolution๐๐ธ (@kirillklip) June 6, 2020
Please note Frank's admiration for the best run Gold Royalty companies and now we can come back to the Peak Gold situation in order to complete our Big Picture for Gold. The best Gold mining companies are becoming the wealth generators in this generational Gold Bull market. In order to keep this business going: "Self-funded Insurance Policy" for the Age of MMT - as Barrick Gold CEO calls it, Gold miners must find new elephant gold deposits to replenish their depleted resources base. This is where our value network in the Alaskan Elephant Country is coming into this picture.
Alastair Ford from Proactive has crystallised my vision for TNR Gold's strategic approach to advance Shotgun Gold in The Alaskan Elephant Country for your further studies very well.
NovaGold's stake in TNR Gold provides us with a solid stepping stone into the future opening potential opportunities to participate in a lot of very interesting recent developments in Alaska. Thomas Kaplan's Electrum Group, Rob McEwen and Eric Sprott are on the quest for the next Donlin Gold and drive interest among investors to the potential M&A deals in the region. You can find all information for your research on my links, TNR Gold website, SEDAR and SEDI. Enjoy your journey, stay safe and fasten your seatbelts if Frank Holmes vision will come true this time as well.
Frank Holmes made this presentation in January and now you can see for yourself how many things have happened already which were truly unimaginable before. A lot of investors were really excited with Bank of America's call for USD $3,000 handle for Gold. Can we really see not only USD $10,000 Gold handle but even USD $25,000 now in this brave New MMT World?
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