|
SALVE! Und hier noch der Push-Brief: Dear Reader, I’ll keep this message brief. 1. Consider locking in profits on any digital gold, ETFs, or stored gold that can be sold by the click of a mouse. Gold has just made a huge move higher and is overdue for a pullback.There’s always tax consequences when you sell an asset, so make sure you speak to your financial people, CPA, and advisor before making any changes in your portfolio. I’m a long-term gold bull, but if you just bought gold for less than $1,285 last month, it’s made a 13% gain in just the past 30 days. In the near-term, I plan to lock in some gold profits to purchase more gold mining shares and digital silver. 3. Consider BUYING First Majestic Silver (NYSE: AG). It’s the best mining play I’ve ever profiled by far, and it never fails to prove me right. Silver has barely budged in the last month, yet AG is up 40% since May 31st. The gold-to-silver ratio is nearing an all-time high and a threshold where it historically leads to a massive silver rally. For me personally, AG is the first mining play to own and a must for any precious metal portfolio. 3. Sell palladium (up 172%) and buy physical silver or use the profits to acquire high-quality mining shares. For all of my physical metal purchases, I HIGHLY recommend MilesFranklin.com. You can have it safely delivered to your home or stored away in the U.S. or Canada if you prefer. 4. Consider taking a position in Marifil Mines (TSXV: MFM & US: MFMLF) today. ***I plan to make it one of my single largest investments in the gold space.*** Within 45 days (could be a lot sooner), they should have their 43-101 report published on their core gold project that is joint ventured with NovaGold. Richard Walters, a top executive of Marifil, is the guy who started Yamana, one of the most successful gold mining operations in the world. $29 million has been invested in it, it has a 55% insider ownership level, and the entire market cap is about $6 million today. Today, we can buy shares on the U.S. exchange (MFMLF) for about 12 cents. On the Canadian exchange, shares are about CAD$0.15. It has a third-party price target of CAD$0.31, but the upside could be much greater depending on the 43-101 news expected in early August. Summary: Gold is back! The new bull market will last for years, and silver should soon follow. For the short-term, I’m selling some gold, but only to reposition in silver and high-quality mining shares. As for my long-term physical gold ownership, I bought it as insurance and will continue to hold. Now is a great time to be invested in the right gold stocks and own the physical precious metals. Regards, |
|
| aus der Diskussion: | Metalle für Batterien in Argentinien: Lithium/Nickel/Cobalt |
| Autor (Datum des Eintrages): | Petronius (25.06.19 20:46:46) |
| Beitrag: | 3 von 4 (ID:60889938) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |