Two Ways to Profit from the Gold Share Bull Market
March 10, 2020
Hosted by Jay Taylor
[Download MP3] [itunes] [Bookmark Episode]
Guest Information
Episode Description
Trey Wasser and Ben Mossman visit for the first time. Trey heads up Ely Gold Royalties. Its shares have risen from a low C$0.15 in May 2019 to a recent high of over C$0.90. Given growth of near-term production from its royalty portfolio, there is no reason to think the upward trend will not continue. At the other end of the spectrum is Ben Mossman’s Rise Gold Corp. in the process of moving the exceptionally profitable high-grade Idaho-Maryland Mine back into production since it was shut down during WWII. That mine was the second most prolific mine in America until it was closed during the war by government decree even as plans were then in place to double production. The economics were very strong then and they look even better now with gold above $1,600/oz. The shares of Rise have not risen yet, but as investors realize its prospects your host is betting on a significant upside ride for shareholders. Both will tell their respective stories and Jay will opine on some picks as well.
Turning Hard Times into Good Times
Tuesday at 12 Noon Pacific Time on VoiceAmerica Business Channel
Jay Taylor’s show will explain the real underlying causes for plunging stock prices, plunging home prices and growing unemployment. By correctly diagnosing the cause of America’s economic decline, rather than listening to excuses from Wall Street and Washington, Jay will offer winning investment ideas to protect and increase wealth.
Topics to be discussed will include the cause of the decline of: our monetary system and our economy, the housing markets, the equity markets, and commodities, Why gold and silver are rising in value and how investors can profit from the direction of these markets through specific stocks, ETF’s and precious metals will also be discussed. Turning Hard Times into Good Times is broadcast live every Tuesday at 12 Noon Pacific Time on the VoiceAmerica Business Channel.
Jay Taylor
Jay Taylor has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value!
The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.
Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.
Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. Diagnose a problem incorrectly as the establishment does and you are sure to fail.