In this KNOWLEDGE – packed tutorial, Chris reprises his industry-leading “handbook” on how to be a successful investor in the precious metals space which—yet again—has as of this edition become as much a lesson in how not to lose money as in how to profit.
LINKS:
The National Investor website – https://www.nationalinvestor.com/
Podcast Website for Your Money Today – https://yourmoneytoday.org/
YouTube channel – https://www.youtube.com/@ChrisTemple
Links to “Gold Manipulation” article referenced, as well as to “The Great Gold Caper of 1999” and our trading moves –
https://www.nationalinvestor.com/gold-manipulation-history-lesson/
https://www.nationalinvestor.com/now-gold-suppression/
A bit about Paul Volcker’s forgotten legacy –
https://www.theepochtimes.com/business/the-forgotten-legacy-of-paul-volcker-4204594
CONTENTS:
Intro –
Current snapshot of the precious metals (Gold and Silver) arena:
— Still little to show in the mining stocks for the recent ATH’s in gold and silver prices.
— Why the Iran war to date has NOT been a tail wind for gold and silver (but indeed, as I warned at the war’s outset, would send them LOWER.)
— Realizing what it means now that some central banks have started SELLING gold.
— Other aspects of our “road map” I’ll be covering.
17:05 –
We begin to look at the history of modern-day gold investing which began
on that auspicious date: August 15, 1971.
19:30 –
How and why Paul Volcker ended not only inflation (supposedly) around 1980’s gold price peak but set the table for MANY other things (and rendered gold a “wilderness investment” for the next 20 years, during which it was very much a managed asset as diamonds.
22:50 –
We discussed the second seminal date of Gold’s secular bull market: September 26, 1999. This set the stage for gold’s next big secular move eventually from 2001-2008.
KEY: Long-time (and often surprise) central bank gold sales pretty much became history; and over time, net selling by central banks turned into net buying (and perhaps THE greatest tail wind for gold of the last few years.)
32:25 –
KEY: Investment demand for precious metals / equities has remained as fickle as ever; and I discuss some of THAT history and how to navigate the space with the understanding that it’s not gold/silver bugs who drive bull/bear markets in this space, but OTHERS!!!
44:00 –
I sum up the reasons why—as of late April—precious metals remain in consolidation mode.
Notwithstanding that, however—and despite the present headwinds I discuss—I explain that the FOUNDATIONAL support for precious metals long term has been strengthened by related monetary/credit crises that are
continuing to unfold.
KEY: I explain THE key event that will turn the present “caution” light back to GREEN.
51:30 –
A few specific words about SILVER and how to properly view its status as both a “junior” precious metal and industrial metal alike.
KEY: I explain one VERY counter-intuitive unfolding BULLISH factor for silver as distinguished from gold as well!
58:30 –
A quick commercial interlude, describing a present special offer for new Members!
59:30 –
What NOT to do / Things to AVOID in Precious Metals investing (which, among other things, means to RUN away from shysters pitching “Biden Bucks” and other such crapola…and to NEVER invest in so-called “Gold IRAs”)
1:06:15 –
Ways to PROPERLY invest and manage Allocations in Precious Metals
— Physical metals and their ETF proxies (and why you would choose one over the other.)
— Gold and Silver stock ETFs
— Carefully using leveraged PM ETF’s for trading purposes from time to time.
KEY: Best practices and how to examine INDIVIDUAL COMPANIES for investment.
— “Bet on the jockey”
— Ability to raise sufficient money
— Jurisdiction / location / permitting / environment / tribal or First Nations obligations or issues/ Governmental or other “Big Brother” support
— The project itself (Ounces in the ground are NOT created equal!)
— Forget about old-fashioned gold/silver bug ear tickling and slick promotions: WHAT KINDS of stories are those actually investing meaningful money these days interested and willing to invest in?
