gold news

 I wouldn't play around with this I would just take the win a lot of things going on with military conflicts especially maybe even starting tomorrow if you only ever watch one video of mine this should be the one because there's so much on a macroeconomic level that's going to happen possibly as soon as tomorrow that's going to throw things like oil Commodities like gold Any Which Way change the trajectory of military conflicts we have to get into that a lot of things you guys know I'm on the front

lines with the newsletter so we get a lot of emails I know how some of you guys are thinking we got to talk about how there's going to be a possible decline in some of the precious metals prices after all the strength we've seen and also should you put $80,000 into hecka mining was one of the questions we got I want to address that also trying to time the silver trade there's major things happening like drone Warfare hitting nuclear power plants we have to talk about all of this it's very

relevant this is the Turning of the tide this this is where you need to be positioned ready understand all the tides that are happening right now with the economy worldwide Global conflicts the prices of Commodities it's all coming together everything we've been looking for and what we've been talking about for years is all coming together right now and for subscribers of the Peter Le newsletter we got a great new stock pick coming out for you tomorrow plus we put for everybody else a portion

of one of our reports below this video so you guys can check out the kinds of stuff that we're putting out the kind of content that we're we're providing to you and gold just hit a new high for the eighth session in a row how good does that feel to be involved in some of these stocks that we talk about it's up $26 or so today to $2,379 so you guys can see now how it's very likely if it increase that much again it's going to be over $2,400 and then $100 from the Striking point of

2,500 which once it gets through there it's just Off to the Races and I've been telling you guys about this trade for such a long time that people were getting numb to it you've been saying that for so long and so that's the only reason I could imagine why you wouldn't be somehow involved in this gold trade the precious metals trade but the other thing I've been harping on forever that I feel like no one's paying attention to how bad it's going to be is this impending debt bomb and you guys know

this to be true you know I'm right about this the debts are growing we're doing nothing to curtail them we cannot sustain this level of increase and eventually these debts will need to be paid eventually this whole system blows up or they have to water down the currency either way it's not a good outcome for the vast majority of us if you keep an eye on it there will be opportunities like I always tell you I used to always tell you that there's more millionaires made in the Great

Depression than any other time in human history until China came along I can't say that anymore but the dead bomb is approaching it's finally being recognized and it's a big big problem we're going to keep an eye on it for you and show you where the opportunities are as the de bomb approaches and explodes now here's the big one Iran is pretty upset that Israel struck Lebanon and took out one of their top commanders a few of their top commanders and they vowed a reprisal Vengeance as soon as Ramadan was over

when does Ramadan end tonight so as soon as tomorrow you're going to see possible repercussions from Iran of any type they have proxies everywhere who knows how this is going to play out but a lot of the ways it could play out could Spike oil prices dramatically it could shut down shipping routes Gold's risk premium would only build more from here investors will be moving towards risk off the trajectory of many Global conflicts could be changed by actions taken by Iran or their proxies within

the next couple of days they're not going to wait too long it won't be months from now but it could be as soon as tomorrow maybe not for a week or two who knows nobody knows that's the point and I always tell you that uncertainty is the worst thing for the stock market uncertainty is worse than bad news you think oh we might lose 10 million dollar for this company I'm invested in and you don't know that's worse when they go okay turns we lost whatever millions of dollars we lost 10 million then you know

what you're dealing with it's like having an illness your whole life you're not sure what it is and then you finally get the diagnosis even if it's a bad diagnosis people are often relieved because now they know how to deal with it they know what they're supposed to be doing to combat the illness but I always tell you guys that gold is Nature's insurance so if you want to buy insurance about all the things that are happening right now because you're going to need some then you should have some

kind of exposure to gold or gold mining stocks speaking of which I want to address an email we got about is it Reckless to put $80,000 in to heckla mining if you want to buy a gold mining stock heckla mining is wonderful they're a great company they M silver as well but what I would suggest is if you're going to if that's all your money first of all you scale in and scale out you buy some then you buy some more a week or two later you buy some more if you still feel good about your decision you can load up a bit more but

I wouldn't put all that money into one stock and say that's going to be safe even if it's a great company that I believe will go up and price a lot from here and I'll tell you exactly why you have to keep in mind the difference between a commodity and a company gold will always be gold you don't have to worry about bad things happening to Gold it's just the price changes that's all it will always be around so if you buy GLD that's actually a lot safer than if you put all your money into heckla

mining or any Mining stock because the difference between a commodity and a company is that in a company there could be a mine Explosion there could be a repatriation of the mine if it was a South American country or some of these countries where they have gold mines and they repatriated or they bezel money or they make bad decisions in terms of Acquisitions or they don't have the workforce all of a sudden or anything can happen there can be terrorism whatever a company is always vulnerable

there's company specific risks every company has different levels of the things to worry about how much you have to worry about it but no matter what any company on any day can suddenly drop in share price 50% because of something major happening so you can't put all your money into hecka Mining and sit back and go well it's a good company that I believe will go up in price and then be stressfree about it what you want to do and I don't like saying diversify but because I don't really diversify

certainly not as much as I should especially if you seen my personal Holdings the other day it's almost all gold and oil but it's still spread out among a lot of companies so if one of the oil companies has an oil leak and they suddenly drop in price a lot that's only a portion of the portfolio you don't put all your eggs in one basket but you definitely want to be involved in this basket so buy some hecka mining buy some silver mining companies by some of the other companies the gold mining

companies that we talk about in the Peter leads newsletter because you know that they're a lot safer than a lot of the other companies that are out there one of the things we look at is to make sure that they're less likely to be nationalized they have good safety records they have good relationships with the endemic groups that live there that's where you get a lot of the workforce especially way up North like in way Northern Canada or Alaska where there's not a lot of people around you

need to rely on the endemic Workforce the aboriginals or the First Nations groups and as long as they're on board that mine will operate a lot better so that's some of the things we look at there's so many things to look at with any mining company and there's risks there's not risks in Gold there's no risk in Gold except for the price changing one of the other questions we got was about silver there's an expectation that precious metals prices are going to come down soon and you can

buy in at a lower price I agree with that because anything that goes up as strongly as gold has in such a short window of time there's always going to be profit takers there's always going to be pullbacks that will be very healthy but you don't know if the pullback starts today or it starts a week from now or it starts 3 weeks from now some point the pullback will help you buy an extra 5% maybe but you're taking a risk you might be missing ahe on 20 30% gains while you're R to say 5% don't do it

just get exposed get invested in a lot of these companies that are going to be benefiting as the prices of precious metals increase and drone Warfare is completely changing everything for the macroeconomic events because we just had a drone attack on the nuclear reactor power plant in Ukraine so go just show show you for low price a military can exact a lot of damage so for example they H the refineries recently that spiked oil prices they can hit the pipelines they keep hitting the nuclear power plant that could be a big problem

drone Warfare changes the entire approach or concept of conflict it changes all the rules we don't even know fully yet how this is all going to play out but there's a lot more macroeconomic event risk because of drone Warfare and just to go on a bit about diversification I practice what I call pinpoint investing if you saw my portfolio it's about nine gold mining companies I've got three or four oil companies and then a couple other penny stocks that I believe have a chance of doing something but when you diversify

what happens is that then you get equivalent to what most other people get the more you diversify the more you get average gains I don't want average gains what's the point of that that's not even difficult to do and I even talk about it in my book up thinking that it's not about making money A lot of times people are more focused on or feel better when they make more money than their neighbors or their people in their peer group they want to do better than so they feel they've accomplish something

if you and all your buddies just made 10% on the stock market you're all just equal which is fine 10% is great and being equal to your buddies is great but I'm saying a lot of people get more of a boost or more of a kick by trying to do better than the masses that's where all the benefits and the rewards lie in my opinion that's why I pinpoint invest but you got to really know what you're doing keep an eye on the right kinds of companies know how to look at them and be aware of the

possible risks and downsides that could derail your Investments by the way you can get up thinking my book at Peter leads.com only I I want to talk about the risks of a company if you're talking about Commodities versus companies as an example there's a stock that I owned for a while Arctic Glacier which I got killed on wiped out not wiped out but it went down a lot I got washed out big time the management started doing price fixing they got caught for price fixing how do you screw up such a good

situation that you took so long to build but they got caught price fixing the shares tanked the whole company got in a lot of trouble and so that's that's what I'm saying about you can trust a commodity but even a commodity that's Rising a price a company that mines for that commodity that will benefit as the price of the commodity increases is not safe if something happens like price fixing or a mind disaster or a nationalization of the Mind anything can happen that's why you own a lot of

different really high quality gold mining companies which is what I would say if I was giving you one message in my entire life ever it has been that for such a long time now now we get to benefit from all the gains that are finally playing out as I expected and told you that they would but there's risk still if you do it wrong if you put all your money into one stock that's not good if you try and wait and time it to try and day trade it to try and buy it at 5% less or 10% less than it's at

right now that could actually cost you a lot more I wouldn't play around with this I would just take the win and one other thing I want to say is that these elevated precious metals prices you're going to start to see a lot of Industry consolidation for a long time I've been telling you guys that it's less expensive to buy a mine that maybe does don't have enough money to develop their mine properly for a big company to buy that mine and run it properly than to explore for new finds yourself all the good high

quality fines shallow mines where you can do a strip mine to get the gold rather than dig too deep all those easy fins are already taken and being exploited most resources have been identified and exploited there's not a lot of great mining opportunities now that's why there's going to be a lot of consolidation especially at these higher prices so a smaller gold mining company has a lot of chance of being bought out by a larger Company the company doing the buying usually has a little bit of a

hit in their share price company being bought almost always has a good spike in the price 20% 30% at 40% instantly now I know that you guys want to keep an eye on all of this that I'm keeping an eye on for you a lot of things going on with military conflicts especially maybe even starting tomorrow and if you want me to keep an eye on it for you you want to know about all this stuff before it happens or while it's happening what to do about it please subscribe to the channel we'll totally keep an eye on it will help you

out if you want some of our free learning tools or you want to see why the Peter Lees newsletter is one of the most popular Financial newsletters of all time swing over to Peter leads.com and you can learn all about it