We expect a strong and more inclusive bull market for the precious metals stocks. Our analysis and that of others we follow suggest a very positive period for the next several years.  Since 2014, we have had a positive gold bullion market and exceptional returns in many of the precious metals stocks. Additionally, we can find many more companies with solid resources and results that we believe should reward investors.

However, we emphasize that many of our precious metals stock picks have already had enormous percentage moves up. They were generally overlooked and oversold while making their price bottoms. The old standby: “When prices are high they run to buy, when prices are low, they let them go.” That will never change!

Always keep in mind that the gold bullion market has been manipulated for years for the benefit of the brokerages and banks…what else is new? That manipulation had a powerful negative influence on the gold bullion. Yes, they artificially kept the price of the gold bullion down.

Note well that an enormous amount of gold is held in safekeeping for its owners. We recommend that owners demand delivery of their gold that is unless they wish to wait for four years as the Germans were forced to do. Therefore, ask for delivery NOW!  Later on, it will probably prove difficult.

Recall about eight years ago, gold investors in the Netherlands went to the depository bank for their gold bullion………They were not given their gold, rather the banks gave them Euros not their Gold.

Today gold is far more difficult and much more expensive to discover than in the past. In 1997, industry wide on average it did cost approximately $11 an ounce to find…..today?  The cost is close to $110 an ounce.  

The supply and demand statistics for gold bullion could not be more positive. China has been consistently buying a huge percentage of world gold production. Russia has been a large buyer as have been the other central banks. Institutions in the U.S and Canada are currently underinvested in Gold. …That will change!

Based on valuation analysis, the majority of the precious metals stocks are currently at their cheapest price levels in history. Do your analysis and take advantage.

 “Pas efficace”….The market for mining stocks is not efficient…… Good results or major news announcements in mining stocks often receive no investor attention nor buying interest. That will change.

Overlooked! The Juniors are being overlooked by most investors while at the same time the large mining companies are wisely monitoring their results for potential acquisitions….that will occur.  

Next week we will do a different type of analysis on the Junior or Small cap precious metals stocks….we will suggest what we look for and how we approach it. It will demand a few minutes of thinking. !!!! Thinking?

“Thinking is a very difficult preoccupation and that is why so few people ever indulge in it.” Quote of Henry Ford, founder of Ford Motor Company, Industrialist, benefactor etc.