this is the new Gold Rush gold prices have started to move really dramatically as I told you ahead of time that they would and it's just getting started they have a lot higher to go we hit a new record high yesterday at $2,850 and the chance of gold prices breaking through 3,000 breaking through 5,000 are really high and I've told you for a long time the reasons why that is but I'll tell you what moves you can make now how to benefit from this massive Gold Rush that is happening right now and if it's your first time


here this is where we talk about all these massive opportunities that are coming out of this once in a-lifetime economic transition and economic breakdown so you're going to want to subscribe click like on the video and connect with us so that we can keep on helping you through this massive transition when there's opportunities all around you that a lot of people aren't even seeing and if you have been here for a while you know that we've been talking about you and I have been talking about gold prices since China


was using proxies to buy gold back when it was over $1,000 per ounce less we've been talking about it since then about buying physical Metals we've been talking about the miners and now this video is going to show you what's happening the big imbalance where it's a massive opportunity for you even if you're a newer investor this is something that I believe would be a great investment and I can't give you personalized trading advice and I'm not doing that I'm just giving you my


opinion but this would be an incredible investment for a newer investor who wants to get involved in something fundamentally sound that has a really high likelihood of going up strongly in price so we're going to take a look at a lot of these major miners Franco Nevada numont Mining and tell you what's going on with the price of gold while the shares are acting a different way way and there in is your opportunity we'll get into the exact details right now gold prices have gone up so much in a


very relatively quick historically looking period and you probably think that so you're too late or you missed the boat I don't think you missed the boat at all but there's an even better way to play it rather than buying gold that's gone up so much so quickly which I think will also go higher from here but rather than doing that there's a lot of opportunities to get involved with some of these mining companies we're about to talk about where they dig up gold and they sell it and as the price Rises the


stock price goes down that's across the board it's not a company specific risk that you got to worry about it's every business in the industry is not reflecting the value of the product that they're digging up it's a clear gift of a trade this Obstacle of people not recognizing the real value of the stocks the company's producing the precious metals is a gift an opportunity for you you can still make the best moves for you position yourself in the best way especially at a time when the economy


itself is not really cooperating with your financial dreams I'm sure and you're dealing with inflation possible job loss coming up so what do you do well this is one of the things that you could do this is an opportunity massive massive opportunity for you to get involved in some of these stocks that we're talking about in this video in my opinion it's not personalized trading advice and just before we get into this gift of a trade set up for you tell me in the comments below if you own any


precious metals yourself yourself if you own silver or gold and do me one better tell me how much you paid for it when you bought it first of all here's a chart of gold prices and you can see in 2000 the year 2000 they're trading at $273 per ounce so basically it's gone up 10 times in price since the year 2000 in 2008 it was trading at $660 and it moved pretty quick from there to where it is now today $2,850 it was up another $10 today when I starting the video so probably closer to$ 2,900 pretty soon and it will break


through 3,000 like I told you ages ago in about 12 videos well more than that a lot more than that but over the same time frame you see things like baric gold it goes from $16 to $55 pretty good performance but is that a good Performance Based on the value of the product that they're digging up has gone up in value 10 times on its way to go up in value 20 times 30 times so you might say well maybe something's wrong with the company that the prices go down it would be a problem if it happened to


just one company mining companies really good highquality Peter Leeds approved mining companies are digging up gold and selling it for pretty much a stable price where then if the price of gold goes up $10 per ounce then they're making extra $10 for every ounce of gold that they sell new M mining just off the top of my head last year they sold about 6 million ounces of gold so if it goes up a dollar they just made an extra $6 million in the year 2000 shares of Newmont mining were $25 each and then when you you lead up to


2008 those same shares were trading between $45 and $50 and now where we are 2025 shares of newa mining are trading at only $42 the way things should work I'll give you an example of a company that actually is trading appropriately Franco Nevada is a great example Ken Ros gold as well which is one of the stocks that tripled in pric really quickly and I sold a bunch of it recently which you would know if you're Peter leads.com subscriber I tell you all my trades my personal portfolio all the time but in


2008 o Nado is trading at $13 and now that same stock 2025 is trading at $136 so went up about 10 times in value in 17 years that's a good investment baric gold also did okay it went from $16 to $55 but they have further to go and they're still undervalued based on the value of the thing that they're digging up and selling increasing in price so much the entire world is looking at the wrong stuff right now you're all distracted by nothing wrong with it by cryptocurrencies the election


latest thing with Johnny Depp I don't know everyone's looking at the wrong stuff it's pretty clear and it doesn't need to be that difficult people over complicate things sometimes things are quite simple I've got $100 and I invested in newon mining and I come back in a year and I take it 200 bucks and I buy something for my kid and this is a headline I took from 2008 Newmont reports annual revenues in 2008 of $6.2 billion a 50% increase in adjusted net income so back then Newmont was trading


at $45 to $50 and even now after that and a lot of other good financial information they're trading at $42 this is my personal one of my biggest Holdings it's a I won't say a no-brainer because anything can happen but I don't see this being as risky of a trade as just about anything else out there in new M mining's most recent production numbers they're coming out with about 6.9 million ounces of gold if the price of gold goes up $1 they just make $6.9 million more dollar this is a


CH new mining gold production from 2010 to 2023 in 1 oun produced so if you see a number just add three zeros to it and I'm just showing you numont as an example of how most of these mining companies are being treated so horribly you know a few like dundy Precious Metals Ken Ross Gold Franco Nevada they've done very well but these big massive gold mining goliaths like numont and baric aren't really getting the respect that they deserve and when I see a clear investment opportunity for pretty simple setup I


want to share it with you I want to help you this is what we do here I'm trying to find Opportunities during this economic transition because I'm looking at it thinking what's the best thing I could do for you how could I most help you and it's all for everybody but if you want to listen to this and you believe it and you agree with me and you do your own due diligence I think in my opinion and I'm wrong fling the time that it makes a lot of sense to get invested in really high quality well-run


fundamentally strong corporations that are producing something that's only going to increase in value and people see things like trading options or get rich quick stuff or they see some of these high-flying cryptocurrencies or these stocks moving so quickly and they think well that's where you got to go you got to make the big money quickly but some of these stocks these gold mining companies they've gone up 10 20 times in value and it's pretty straightforward and a simple trade that


anyone can understand and Kim Ross Gold for example went from $2 in the year 2000 to $26 per share in 2008 then it fell back to $2 again and now it's at $11 but people think you need to invest in more risky stuff or the latest Hot Topic stuff you don't that's why a lot of times in the Peter Le newsletter I've talked about casket makers funeral home companies and they make a ton of money because it's a really straightforward business and no one wants to invest in that usually and so the price of the


shares never reflects the value of the business the point of a business is to create money produce money and they're producing so much money so they make a good trade you don't have to go after the High Flyers sometimes people think gold is such an old Relic or a boring investment meanwhile you've got these stocks going up 10 times in value making more money than just about anything else now about gold prices the things that are driving gold prices I actually wrote an email to somebody the other


day what's happening with gold prices and why they're moving so quick quickly is because of everything I've told you in the last 100 videos I've made for you I've been talking about gold prices from the streets of New York when it was $1,600 to $1,800 per ounce I was buying it myself my father my son and during this time people think that's bad for gold and during this time gold has really started to move lately and I'm saying that it's got a lot more to run higher and it's just getting started


right now and a lot of you guys as well because I know that for a fact because you talk to me about it the gold trade has been really lucrative really wonderful for us investors in this part of the market and we don't just talk about gold we talk about everything but in this part of the market this is the trade right now this and some of these technology companies I talked about in my recent Technology stock report every stock under $5 always and if you want to know where gold prices are going to go


next I'm one of the only people who's been calling it from way back in the day and I saw it the wholeway and I told you why it was going to happen gold prices will break $5,000 if you want to know why you can watch my video that was about exactly that silver prices too great undervalued investment they're not reflecting the value that they're worth at the same time silver prices are absolutely languishing because some people see it as an industrial metal and they also know the economy is slowing


down but it's rapidly going to become a precious metal again people will see it that way again because they're not going to be able to afford gold because it's going where I told you it was going to go years ago [Music]