
Why the 2024 Gold Bull Market is Just Beginning
Gold Hits Record Highs in 2024: As New Era for Investors Unfolds…
…but, those exact same fundamentals cause gold and silver to ….
Gold Hits Record Highs in 2024: As New Era for Investors Unfolds…
If you’re not already a member of our newsletter and you invest in TSX Venture and CSE stocks, what are you waiting for? Subscribe today. Only our best content will land in your inbox.
….Gold’s stealth rally to new all-time highs is finally getting some press. Easter Monday saw gold rip to another fresh high of around $2,265 per ounce. And the rally isn’t over; gold was flirting with $2,300 by Wednesday. However, gold mining companies continue to lag the metal’s performance, still down significantly from their highs of spring 2023. According to several industry pundits, the memetic power of gold (and its investment allure), has changed with the advent of Bitcoin and its relatively rapid price ascent.
Aaron believes that after thousands of years of use, gold’s importance in our lives, economy, and technology has only grown… Civilizations have found value in gold for millennia, and today, it is most widely used in jewelry, as an investment, and in electronics, ….
The United States’ national debt is skyrocketing, currently growing by about $1 trillion every 100 days. Gold and Bitcoin are breaking out, trading near record highs, as market participants race to protect themselves against the ongoing currency debasement. And, as the renewable energy revolution rolls on, copper demand is soaring as its price diverges with iron ore.
The propensity of Washington to spend is reaching levels no one, even the most jaded libertarian, could have imagined. In the U.S. national debt spiraling out of control, rising $1 trillion every 100 days, a Washington Times staffer writes,
“To put the new rise into perspective, the debt expanded to $33 trillion on Sept. 15 after having reached $32 trillion just three months prior on June 15. Before this ….
“To put the new rise into perspective, the debt expanded to $33 trillion on Sept. 15 after having reached $32 trillion just three months prior on June 15. Before this ….
“I like to always look at the stock market like the ocean. The tide is either rising and we want to own equities, or the tide is either going down and we want to probably look at a different ….
The commodity bull run, led by uranium, gold, silver and copper, is in full swing. Uranium has tripled in the past few years, while silver is up over 50%. Silver was up nearly 4% today as the metal continues outperforming gold, which recently hit an all-time high above $2,400 per ounce. So, if dollar devaluation is incoming, investors should heed the advice of renowned mining and commodity investor, Rick Rule. We had Rick on the podcast a few weeks back, and his sage advice on all things commodities is worth the listen. Rick Rule and Aaron Hoddinott discuss what commodity looks attractive from a long-term investment perspective. In May 2024, Rick’s chosen undervalued commodity is North American natural gas. He believes the low price encourages consumption but discourages exploration, leading to higher prices. Concerning natural gas’ price potential, Rule pointedly notes, “The cure for low prices is always low prices.” Gold and silver prices rose to new highs on Monday after gold closed at an all-time high the previous Friday. As investors and the public wake up to the stickiness of inflation, protecting one’s purchasing power is moving to the forefront. Precious metals outperform when war, uncertainty, and inflation drive the macro narrative. Finally, one historic Canadian gold camp may be poised to reap the benefit of higher gold prices in these volatile economic times… Rick Rule explains why the CPI inflation rate calculation is a flawed index. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices in the economy. However, what is included in the basket has changed over the years. Policymakers and politicians removed food …. In the latest pod, Aaron sits down with legendary mining investor Rick Rule. Rick goes into the details of his first two major mining stock wins in Vancouver’s junior mining market… From pouring drinks for the biggest mining players in town, to finding 15-baggers and more, Rick shares his personal story of making a fortune as a young man betting on speculative mining stocks. Rick explains that in the inflationary decade of the 1970s, he found it easy to make money with mining stocks. Too easy, in fact. As the gold price continued higher throughout the 70s, the street, as they say, was lured into gold and gold stocks, and a ‘melt-up’ took place. This made Rick …. For years, we’ve spoken and written about the potential for ‘Peak Gold‘. Now, in 2024, we may have already hit this critical barrier/era for the precious metal… According to gold.org, global gold production over the last decade has been relatively flat. Considering the falling average grade of gold mines globally, and the lack of exploration investment over the past decade, total gold production should continue to stagnate. The World Gold Council explained in early 2023 that: “Annual mine production increased 1% year over year although remains below the record high seen in 2018.” Despite record central bank buying in 2022 and almost again in 2023, jewelry still dominates global gold consumption, accounting for 46% in 2023. Gold bars, coins, and ETFs account for about $3 trillion, representing roughly 1% of the $266 trillion financial assets invested globally. If …. With inflation stickier than most initially predicted, gold and gold stocks have benefited tremendously. What’s more, the Fed refuses to raise rates despite rising shelter costs, strong consumer demand and higher food prices. According to data from April 30th, the Case-Shiller national home price index hit a fresh all-time high in February. Last week, Newmont topped all forecasts, reporting robust earnings that sent the stock up nearly 13% on April 25th. Newmont is the world’s largest gold producer and its strong fiscal performance could be a bellwether of things to come for the majors… Tom Palmer, Newmont’s President and Chief Executive Officer, stated, “Newmont delivered a strong first quarter operational performance, producing 2.2 million gold equivalent ounces and generating over $1.4 billion in cash from operations before working capital changes.” These results lifted almost all miners as …. The threat of war and sticky inflation has pushed gold to record highs. In the latest pod, Aaron sits down with Dr. Kirk Elliott, who runs one of North America’s largest silver bullion dealers. Elliott opens the pod by outlining why all gold and silver products are not created equal and argues that our current environment is perfect for precious metals to thrive. He states, …but, those exact same fundamentals cause gold and silver to ….
“We bring hope as a financial solution when the world is falling apart, politically, economically, when banks are about to fail, we’ve got unsustainable debt, interest rates are climbing, people can’t afford to make ends meet, now you’ve got wars and rumors of wars… all those fundamental forces cause stocks, bonds, mutual funds to come down…” …but, those exact same fundamentals cause gold and silver to …. Gold Hits Record Highs in 2024: As New Era for Investors Unfolds… If you’re not already a member of our newsletter and you invest in TSX Venture and CSE stocks, what are you waiting for? Subscribe today. Only our best content will land in your inbox. Gold’s stealth rally to new all-time highs is finally getting some press. Easter Monday saw gold rip to another fresh high of around $2,265 per ounce. And the rally isn’t over; gold was flirting with $2,300 by Wednesday. However, gold mining companies continue to lag the metal’s performance, still down significantly from their highs of spring 2023. According to several industry pundits, the memetic power of gold (and its investment allure), has changed with the advent of Bitcoin and its relatively rapid price ascent. Aaron believes that after thousands of years of use, gold’s importance in our lives, economy, and technology has only grown… Civilizations have found value in gold for millennia, and today, it is most widely used in jewelry, as an investment, and in electronics, …. The United States’ national debt is skyrocketing, currently growing by about $1 trillion every 100 days. Gold and Bitcoin are breaking out, trading near record highs, as market participants race to protect themselves against the ongoing currency debasement. And, as the renewable energy revolution rolls on, copper demand is soaring as its price diverges with iron ore. The propensity of Washington to spend is reaching levels no one, even the most jaded libertarian, could have imagined. In the U.S. national debt spiraling out of control, rising $1 trillion every 100 days, a Washington Times staffer writes, “To put the new rise into perspective, the debt expanded to $33 trillion on Sept. 15 after having reached $32 trillion just three months prior on June 15. Before this ….
“To put the new rise into perspective, the debt expanded to $33 trillion on Sept. 15 after having reached $32 trillion just three months prior on June 15. Before this ….
2024 Commodity Boom: Gold, Silver, and Uranium
Gold’s Price May Triple ….
Risk of Civil War, Soaring Gold and Silver Prices
Rick Rule on the Broken CPI Inflation Rate
Rick Rule on the Coming Dollar Devaluation
The 1970s Were Good for Natural Resources and Mining Stocks
‘Peak Gold’ Arrives
No Rate Cuts Coming as Inflation Crushes
War and Inflation Drive Gold to Record Highs
Why the 2024 Gold Bull Market is Just Beginning
Largest Landholder In World-Famous Gold Camp
2 Reasons Gold’s Rally Won’t Fade
Gold’s Importance is Stronger than Ever
U.S. Debt Goes Parabolic, Gold and Bitcoin Soar
U.S. National Debt Goes Parabolic