Colin Padget, CEO Founders Metals with Golden Portfolio.
Founders is drilling Antino in Suriname. Many high 5 g/t+ grade hits over 20+ meters at Froyo. GP believes the deposit could already hold 1 million gold oz. Stock only trading for $150 mil market...
Watch Jon DeLuce, CEO Abitibi Metals with GP
Jon and I talk about Abitibi’s B26 high grade copper deposit in the Abitibi region of Canada. Abitibi is very closely held with about 60% insider ownership. GP shows an early estimate of $74 mil...
Another Massive Win for GP10X Members
Coeur Mining (CDE) announced the acquisition of GP10X member SilverCrest Metals (SILV) this morning in a deal valued at $10.77 per SilverCrest share. SilverCrest Metals began trading at $0.12 per...
Hope You Enjoyed the Kickoff
The rest of the game will be even better. The chart below shows the Gold/S&P 500 ratio vs the inverted Fed Funds Rate. When the Fed cut rates in 2007, this kicked off a massive four year run into...
The Dollar’s Days are Numbered
44 days left to be exact. On October 22, the BRIC nations are meeting for a Summit in Kazan, located in Russia in the Republic of Tatarstan. They are designing their own payment system outside US...
There Isn’t Enough Silver
Samsung is beginning to mass produce its sold-state battery capable of powering EV’s up to 600 miles of range, charge in just nine minutes, and last 20 years. Current EV battery range is only...
Why Most Gold Miner’s Suck
Gold rose 6X over the past 20 years. Over that period Newmont is up only 16%, basically unchanged. Most of the majors are currently trading at the same price they were 20 years ago. Let me tell you...
Get Ready for a Market Crash and a Fed Rescue
Every time the yield curve inverts the market crashes…every single time. The chart below shows the 2 year note yield less the Fed Funds rate. The 2 year yield is the market rate driven by...
Gold Has a Long, Long Way to Rise
The GLD Gold ETF shares outstanding rose slightly to 291 mil. Each GLD shares is equal to an ounce of gold. The GLD currently holds 269 mil gold ounces. The difference being the 0.40% expense ratio...
Rising Yield Curve is Great for Gold.
The blue line shows the 10 year – 2 year yield curve. The curve is inverted with the 10 year at 4.24% and the 2 year at 4.43%. The curve has been inverted for two years since July 2022. An...
600 Solar Gigawatts by 2025!
That’s 100% growth from 2024. 3.125 mil solar panels are needed per each gigawatt. 20 g/t silver are needed for each solar panel. That’s 2 mil silver ounces per gigawatt. and 300 mil gigawatt...
Get Ready For $4,000/oz Gold
The ECB just cut rates this morning. Canada cut rates yesterday. The US Federal Reserve is next. The last easing cycles occurred in 2000 and 2007 and 2019. Gold rose 3X, 2X, 1.6X over the next few...