|
Dear Morgan Report Readers:
As many of you are surely aware of by now, we are in a new
gold bull market. This is good news for many resource
investors that hung in there during some pretty trying
years. But finally, resource stocks are back in favor and
gold especially is hot.
I am bringing to your attention a
new report that I think you
need to read, featuring one specific gold stock in
particular, which is poised to leverage off of gold's rise.
The report is written by an up and coming newsletter writer,
Gwen Preston, editor of Resource Maven.
After years with The Northern Miner and alongside Marin
Katusa at Casey Research, in 2014 Gwen saw the mining
markets bottoming and knew she wanted to participate in the
pending rally independently and proactively. Gwen knows
mining's people and projects; she understands how to turn
big picture trends into specific investment opportunities.
In the first eight months of 2016 the Maven portfolio as a
whole gained 94%. The top performer catapulted up 433% while
the five top stocks produced an average gain of 267%. That's
pretty impressive.
You need to
read this report from Gwen
while it's online. Read on for more or
click here to get the full
report now which features a company that Gwen believes is
positioned for discovery just as gold is set to go.
Sincerely,
David Morgan
*****

Gold is set to go. A rate hike is imminent, but it is
already priced in. And the last rate hike sparked a golden
rally: the yellow metal gained 20% in two months.
The big picture is gold bullish. Trump will be hard pressed
to create any economic benefits in the near term - politics
are simply slow - yet he will start spending immediately,
growing an already massive debt.
Spending is inflationary (heck, growth is inflationary) but
America already spends $400 billion a year servicing its
debt, so it just cannot afford to raise interest rates
beyond tomorrow's move, especially as the debt gets even
bigger.
The result: negative real rates, which is THE fundamental
force that drives gold rallies. Negative real rates means
you lose to inflation if you hold cash or bonds. Gold, the
only currency immune to inflation, always rises to the top
as the safe haven amidst negative real rates.
The only competition is from stocks, which have become a
safe haven of sorts for US investors given their 6-year bull
run. But six years is a long time, US stocks are overvalued
on most metrics, and the strength of the dollar is making it
hard for multinationals to turn a profit.
It's all lined up to fuel gold, and at the perfect time:
January kicks off gold's strong season. The yellow metal
reliably outperforms in the first few months of the year. So
gold looks golden in the coming months, and beyond as well,
amidst huge debt loads, an overdone market run, and negative
real rates.
How to play this opportunity?
Depends how much money you want to make.
The safest options - paper or physical gold or ETFs of major
gold miners - offer the lowest returns. Real leverage
comes from discovery: when a company can announce
exploration success within a rising gold market.
The company I want to introduce today offers exactly that
opportunity. This is an exceptional team advancing three
strong assets located in prolific and desirable gold
jurisdictions. Exploration speculators are interested and
once gold gets going this stock will be inexpensive no more.
Ashanti Gold (TSX-V: AGZ) Positioned
for Discovery Just As Gold is Positioned to Perform
The best people in the mining industry spent the down years
preparing for the next bull. They scrutinized projects,
developed new geologic theories, negotiated deals for
fire-sale assets, and established healthy new companies.
When the market turned, they were ready to make a new
discovery. And new discoveries are behind every storied
mining stock.
It's discoveries that drive the 10- or 20-bagger
revaluations, discoveries that prompt premium takeover bids
or acquisition battles, discoveries that create enough
excitement to lift all the stocks within a hundred miles.
Discoveries might seem like they happen overnight, like
suddenly a drill hole hits and it's game on. And yes, that
is what happens…but to hit a successful hole takes immense
prospecting and analysis and preparation.
To ride a discovery from pre-hit to multi-bagger profit, you
have to identify people who are doing that background work
right. If the bet works out, one discovery can turn a
portfolio very, very positive.
Ashanti Gold (TSX-V: AGZ) is one such group.
This is a team whose deep connections across the mining
industry enabled them to acquire projects - for next to
nothing - that were simply not available to anyone else. The
projects are underexplored land packages in areas that are
highly prospective and of great interest to mining majors.
The odds of discovery success are high and, if it happens,
the mining world will be very interested in what they find.
The area is the Ashanti Gold Belt in Ghana. Half a dozen
miners operate on the Ashanti Belt alone, including Newmont,
Gold Fields, AngloGold, Endeavour, Golden Star, and Perseus.
It is inarguably one of the most prolific gold-bearing belts
anywhere in the world. There are lots of majors operating
along the Ashanti, but there is not actually much
exploration happening. Lots of the ground is unavailable,
sitting ignored in major mining company portfolios while
they focus on brownfields exploration right around their
operations.
More generally, mining companies don't like exploring.
Exploration is expensive and risky. Producing gold is what
they like to do, and the more a mine produces and the less
it costs the better.
That's why Newmont's Akyem mine is such a star for the
company: it churns out 473,000 oz. gold annually at an
all-in sustaining cost of just US$572 per oz.
What Newmont would love is for someone else to find another
Akyem. Then they could just buy it and voila - another key
asset.
Ashanti is working to do just that.
To read more, click HERE now.
|