Gold Investing Videos
Gold & Silver Stocks Offer The Best Risk-Reward - Silver Chartist
Although a conversation from about 10 days ago, I find this an important word of opinion from Steve Penny, the Silver Chartist. He told me that although nobody can pin point the exact bottom in any market, his technical and fundamental analysis have led him to believe that we're much closer to the bottom than we are to the top. Steve thinks gold & silver stocks present an unmet risk-reward in the stock market right now. Silver Chartist is a free newsletter, which offers a low-ticket paid version which I have been enjoying and found very valuable lately. You can find both of those on the link below. This is an affiliate link, though. So, it means if you subscribe to the Silver Chartist paid newsletter using it, I might get a commission. NEWSLETTER: https://silverchartistreport.com/optin-495051751625249654020?afmc=BabySilverChartist FULL CONVERSATION (free): https://www.baby-investments.com/interviews Summed up, in this video, Silver Chartist & I talked about gold & silver stocks. I asked Steve why gold & silver stocks have been going down when they should be going up and he told me it's mainly because of bad sentiment, combined with endless money printing that fuels the flawed system. Steve thinks that gold & silver stocks will start going up once the FED starts tapering and crashes the stock market. He expects a 20% pull back in stocks in the near term, after which he expects gold & silver stocks to rally. Usually, gold & silver stocks have been negatively correlated with the USD. This means Silver Chartist expects the gain in gold & silver stocks to come from the pain in the US dollar. Gold & silver stocks offer the best risk-reward among the investments that Steve follows up with, that's what he told me and I have to agree with him. Gold & silver are the only two assets among my watchlist that are down in the last 52 weeks. Naturally, this attracts my contrarian nature. Steve told me that even if gold falls to the levels of $1,500, that's not that big of a drop (percent-wise) but the upside potential is much larger than 30%, even much larger than 100%, Steve claims. Silver Chartist is so certain on gold & silver than he told me that if silver falls below $18/toz, he would invest all of his available capital in silver stocks. Right now, though, Steve doesn't hold too much cash, but still enough to act on potential lower prices. That's the basis of his investing strategy. I found it very valuable to listen to Steve's allocation strategy for gold & silver. It would take more than 5000 characters (which is what YouTube allows for a description) to describe it here, though. Looking at some of the ratios Steve uses, he sees a lot of potential for silver junior stocks specifically. Here are Silver Chartist's 6 gold & silver ratios: AU-AG GDX-GDXJ GDX-SILJ GDX-SIL SIL-SILJ SIL-GDXJ Towards the last portion of this video, we took a look at Steve's charts and he showed me the strong technical support for gold & silver, and gold & silver stocks. TIMESTAMPS: 00:00 Important notice 00:20 Gold & silver stocks are cheap! 01:40 Why are gold & silver stocks only going down? 04:05 When will gold & silver stocks go up? 05:20 Does the bull market in PM mean bear market for USD? 06:15 The risk-reward for gold & silver stocks 08:55 Will silver fall below $18? 09:40 Does Silver Chartist hold any cash? 11:00 Gold & silver portfolio allocation 13:20 6 Gold & silver ratios that matter 16:00 Gold & silver stocks technical analysis 20:30 Closing thoughts Although I greatly appreciate your presence here, you shouldn't appreciate mine and you shouldn't put any importance on what I have to say, what I do nor what I think. I'm an inexperienced 26-year-old who has a high risk appetite and will likely lose a lot of money before he learns how not to. So, please seek professional investment advice and don't take actions on anything said in this video. Before continuing, you must read and understand the full disclaimer which is displayed at the beginning of this video. I, and/or the guest, might own or have interest in some and/or all of the companies mentioned herein. Please consider both of us biased and don't put too much importance on our opinions.
I Don't Buy Commodity Stocks, Besides This One - Ben Claremon
Ben Claremon told me he, and the asset management firm he works at, don't invest in any commodity businesses because they are "price takers". Meaning, those are businesses that don't have control over the pricing of the product that they're selling, which Ben doesn't like. There is one type of commodity business that ben likes and that's the royalty business. Even though Cove Street Capital doesn't usually invest in commodity stocks, they do own Sandstorm (TSX: SSL) (NYSE: SAND). During the full interview, Ben and I talked about many different topics related to investing. You can watch the full conversation here: https://www.baby-investments.com/interviews TIMESTAMPS: 00:00 Why doesn't Ben invest in commodities? 05:25 Which commodity stock does Ben like? 07:00 Closing thoughts Although I greatly appreciate your presence here, you shouldn't appreciate mine and you shouldn't put any importance on what I have to say, what I do nor what I think. I'm an inexperienced 26-year-old who has a high risk appetite and will likely lose a lot of money before he learns how not to. So, please seek professional investment advice and don't take actions on anything said in this video. Before continuing, you must read and understand the full disclaimer which is displayed at the beginning of this video. Please note that I have a business relationship with a few companies that Dr. Hennigh is heavily involved with and I also own shares of some of those companies. I am not receiving any compensation for this video beyond the possible revenue generated by the YouTube Ad-sense offering.
Rick Rule: How to Prepare For What's Happening! (crash soon?)
The short answer is: mid-cap, single-assets precious metals producers. That's what Rick Rule is invested in for the coming crash. I didn't expect him to say that he is probably less bullish on uranium than he is on precious metals. This is just a part of the full conversation I had with Rick Rule. You can watch the rest (for free) over here: https://www.baby-investments.com/interviews I started this interview by asking Rick Rule what he thinks about the general market and the direction he thinks the market is headed. He told me that he thinks the general market is severely overvalued, yet he expects to see stock prices going up in the short term, mainly driven by increased liquidity. However, long term, Rick is still very concerned with the high valuations that we observe across the board. To prepare for that, Rick Rule told me he has largely exited companies that he does not understand and is now focusing on private lending in the natural resource business but is also keeping cash because he wants to take advantage of a liquidity squeeze, rather than being taken advantage of during such a squeeze. When I asked Rick how he deals with the opportunity cost that holding PM has proven to be, he told me that's easy for him as he does not suffer from FOMO, because he builds his life around probabilities, not possibilities. To be honest, I was surprised to hear that Rick Rule is largely in cash right now, but he explained to me that he’s positioned in companies that he thinks he understands, and that he thinks are misunderstood by the general market. This gives him a competitive advantage. Rick also told me that I don't have to be 100% right, and that I'll never be. I only need to be more right than the other guy, he said. Interestingly enough, Rick Rule also told me that he thinks the most value in the precious metals market right now, is to be found in the mid-cap, single-asset producers, who already generate positive cash flows. What's more, Rick even told me that mid caps are the most undervalued they have ever been in his 40-year career. The way he decides what companies are good value, is by looking at 3 things: - EV/NPV ratio, with a forward strip price and a 5% discount rate. relative - Probabilistic assessment of the development pipeline - Look back over the 5 & 10-year track record of the management’s effectiveness. In addition, Rick Rule remains bullish on precious metals stocks because he thinks that a period of acquisitions is to come in the next 12 months, where we'll see single-asset producers taking over other single-asset producers or being taken over by larger companies. To close this clip, Rick told me not to be 100% in one thing, even if it seems like “the sure thing” because you then cannot afford to wait for the “when question”, which is what he has build his career on. TIMESTAMPS: 00:00 Intro 00:30 Where is the market going? Why? 03:00 What is Rick Rule invested in? 05:35 Where does Rick see the most value in PM? 10:00 How Rick deals with the opportunity cost? 15:00 What is Rick the most bullish on? Although I greatly appreciate your presence here, you shouldn't appreciate mine and you shouldn't put any importance on what I have to say, what I do nor what I think. I'm an inexperienced 25-year-old who has a high risk appetite and will likely lose a lot of money before he learns how not to. So, please seek professional investment advice and don't take actions on anything said in this video. Before continuing, you must read and understand the full disclaimer which is displayed at the beginning of this video.
"Tin is Key, Arsenic Doesn't Matter" - Eloro Resources
Quinton Hennigh recently told me to take a look at Eloro Resources, and so I did. The main things that I found out about it, is that they have a potential polly-metallic tin-silver deposit, which is challenged by Arsenic and by the political situation of Bolivia, where the deposit is based. So, in this interview I set out to find out more about the company and those issues. This clip, however, only focuses on the tin & arsenic portion of the conversation. You can watch the full interview for free & ad-free, over here: https://www.baby-investments.com/interviews In this clip, it becomes clear why Eloro Resources all of a sudden picked up tin to add to their story. I was concerned about them doing that because on the surface, it looked as if they conveniently added just another metal that's skyrocketing in price to the whole story, but this appears not to be true. Apparently, tin is just becoming an increasingly more important part of Eloro's project, which is called "Iska Iska". That's not because tin is rising in price, it is because tin is usually found deep under the ground and given that Eloro hasn't even done a full year of drilling on the Iska Iska project, they just hadn't found it yet, according to Bill Pearson, who's the VP of exploration over at Eloro Resources. As to the arsenic, dr. Hennigh told me that this is not such a big problem because a lot of the systems in South Bolivia which have had the same amount of Arsenic in their projects, have made it to a successful mine. For example, the levels of arsenic found at that project, according to Quinton, are low enough for all and any of those metals found at the Iska Iska project to go to the smelter. Dr Hennigh thinks the argument about the Iska Iska project having arsenic might've been started by someone who needed to find a problem with the company, even if it's a non-issue. I, personally, see this as an opportunity to pick up cheaper shares, for my personal portfolio. Of course, I am not a financial advisor, have high risk appetite and am very biased on this company because I really like the team, and I have a business relationship with Eloro Resources, outside of YouTube. TIMESTAMPS: 00:00 Important notice 02:30 Why tin all of a sudden? 09:00 Volume x grade x density 18:00 The grades of Eloro’s project 21:00 Arsenic, what’s up with that? 23:35 Arsenic assays 27:50 Rumours bringing the stock down? 28:55 Closing thoughts Although this is NOT a sponsored presentation, I am to be considered biased, as I will own shares of the company mentioned in this video, or even own them already, if you're watching this video a week after it's been published. On top of that, Kuya Silver is a paying customer of my website. Please, do your own research and don't blindly follow talking heads on the internet. We know nothing.
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