Chris Reilly, managing editor, Casey Daily Dispatch: Dave, as regular readers know, you’re always on the road, uncovering the biggest opportunities in the resource space. One of your stops earlier this month was the Sprott Natural Resource Symposium in Vancouver. What was the vibe like there? Dave Forest, editor, International Speculator: Well, Chris, during one of the days at the conference, I was part of a breakfast Q&A with Doug Casey and Nick Giambruno. One thing was very clear: There was a lot of interest in gold. Now, as you know, the gold price has moved up quite significantly since the middle of June. It's pushing to all-time highs. In fact, gold is hitting all-time highs, not in U.S. dollars, but in a number of other currencies. We’re seeing all-time-high gold prices in Canadian dollars, in British pounds, and we've already had an all-time high in Australian dollars. So there's a number of currencies around the world in which gold is the highest that it's ever been, even though we don't see that reflected in the U.S. dollar price, because of the current strength of the U.S. dollar. But there was a real sense from the conference, both attendees and presenters, that we may have hit a turning point here, where the U.S. dollar is starting to falter. | Recommended Link | These billionaires are loading up on 5G plays – learn how to join them You won’t believe who’s getting in on 5G… Warren Buffett famously shunned tech stocks for years. But recently, Berkshire Hathaway invested $1.9 billion in Charter Communications — a company testing 5G in six U.S. markets. Through his foundation, Bill Gates also has $682 million directly invested in a little-known stock positioned to benefit in a big way from 5G — Crown Castle International. And George Soros’s largest holding BY FAR is Liberty Broadband — a direct 5G play. Why? Because these guys weren’t born yesterday. They know that each generation of wireless technology has delivered huge windfalls. If you’d like to join them, then you’ll want to attend Jeff Brown’s 5G summit on Thursday. | | | -- | Chris: And that, in turn, is good for gold? Dave: Exactly. With the trade war revving up again, there’s an increasing lack of faith in the U.S. economy, the global economy, and the dollar. And one of the reasons gold is going up now is because people are rotating out of dollars and into something safer. That has a lot of people enthusiastic about gold particularly, but it's also good for all commodities, because generally when we talk about commodities, we talk about the U.S. dollar price of those commodities. So as the dollar weakens, hard assets across the board get more valuable. Chris: What other commodities besides gold are you bullish on right now? Dave: We're very positive on agricultural commodities. If gold has been beaten down, agricultural commodities have been absolutely buried. I’m talking 40-year lows in prices for things like corn. And for the longest time, nobody cared about these commodities. There was no coverage… nobody paying attention to the sector. And now, that’s starting to change, partly because the U.S. has been ravaged by the worst flooding, potentially ever. People are talking about this year in the U.S. harvest as a 100-year black swan event. So that catastrophe is getting people interested in what's happening in the market, but it's all coinciding with this larger move in commodities. Interest just seems to be coming back to all kinds of corners of the commodities world. Chris: Is there still time to profit from this commodities boom? Dave: Absolutely. When I’m talking about interest coming back, this is just the first frame. Now, some of the commodities’ prices, like gold’s, have moved up notably… but the stocks are still very, very cheap on a historical basis. It takes time once an upcycle begins for the benefits to trickle through to the smaller companies. So there's plenty of time left to get positioned. In fact, this is a perfect time to be buying, because you can buy with the knowledge that the market is indeed in an upswing. Prices are going up, and yet, you can buy at the same prices in many of the juniors as you could a year ago, when it still was not really certain if anything was going to happen. Chris: What kind of companies should readers be looking at to take advantage? Dave: For gold, we're particularly focused on smaller exploration companies right now. The smaller ones are really where the best buys are these days. When it comes to agriculture, unfortunately, there aren't very many listed agricultural companies anymore in the U.S. or globally. So ETFs [exchange-traded funds] are a solid way to play this trend. They tend to have a lot of spring in them. If you look at the trading patterns of these things, they can move 50% in a matter of weeks. And agricultural commodities themselves are notorious for huge price swings, like we’re starting to see now. Swine fever in China has probably wiped out close to half of the entire Chinese hog population. We've got fall armyworm, which is a parasite, invading large slots of China. It basically destroys all of the crops in its path. Corn, wheat, all of these things. At the same time, you've got this disaster in the U.S with massive flooding and huge acreage that probably didn't get planted. With all of this happening, the daily price swings in things like hogs, corn, and wheat have been huge. As always, when investing in resources, you should never bet more money than you can afford to lose. A small stake is all you need to make big money off the boom I see coming. Chris: So to wrap up, commodities are primed for a big rally… and readers should focus on gold and agriculture now to start taking advantage. Dave: That’s right, Chris. These are exciting times. This rally is just getting underway, and we see big things ahead. Chris: Great stuff. Thanks, Dave. Dave: You’re welcome. 
Reader Mailbag Today in the mailbag, more readers tell us about the strange items they like to collect… after E.B. Tucker wrote about his own hobby of tracking down antique chairs: This is a very interesting article. I collect a few things. One thing I have is a Pringles Original Potato Crisps can that I bought at Wal-Mart at least 15 years ago. It caught my eye because it is upside down. I never opened it. I don't know if it's worth anything, but I've kept it because it's unique. It may be the only one in existence. Thanks for a great article. – Michael I’m 73, and I’ve been collecting stamps since I was 6. Back when I started, used stamps were fine for most people. Many people tried to collect all the countries of the world, and condition was important, but not nearly so important as it is now. I’ve since learned that the way to invest in stamps is to ignore the cheaper stamps and buy the rarest and most desirable stamps in the best condition you can afford. The importance of condition and the scarcity of rare stamps in top condition have dramatically driven up prices for desirable stamps in the best condition. However, while you might think that scarcity alone (or paired with condition) would be the major driver of stamp value, that is not so. Desirability or demand has an even greater influence on value. For example, in each country, rare stamps of that nation are generally valued higher than equally rare stamps of other nations. Also, rare postage stamps are generally valued higher than equally rare revenue or license stamps, and rare vintage stamps are generally valued higher than rare modern stamps of the same type. The lesson for would-be stamp investors is to buy scarce vintage U.S. postage stamps or stamps of other popular countries in the best condition they can afford. – Ira Do you collect any unusual items? Feel free to send your stories, along with any general questions or concerns, to feedback@caseyresearch.com.
In Case You Missed It… 13 U.S. States Legalize “New Gold Standard”? The “gold standard” may be coming back, but not in the way you think… Recently, several high-ranking officials and U.S. businessmen met to discuss a new “gold standard”—backed by 21st Century technology. Already, 142 U.S. cities have opened up to this radical idea. And Texas Governor Greg Abbott has moved part of his savings into a “prototype” for the “new gold standard.” One man involved in the discussions reveals what he’s learned, along with a potentially explosive opportunity – the same kind of opportunity he used to bag a 14,354% winner. The “New Gold Standard” [FULL SCOOP] 
| 
Tidak ada komentar:
Posting Komentar