Erik Wetterling Unpacks Why He Likes These Two Exploration Stocks At Present Valuations
Erik Wetterling, Founder and Editor of the Hedgeless Horseman website, joins us to share a couple of exploration companies that he likes currently and feels represent a good opportunity because the market has not woken up to their underlying value or potential to surprise with ongoing drill campaigns. We start off with Nevada King Gold (NKG) and look at the market reaction to their recent solid drill results at the Atlanta Open Pit Project along the Battle Mountain Trend in Nevada. Next we discuss some of the work that Red Pine Exploration (RPX) is doing with 4 drill rigs turning at their Wawa Gold Project in Ontario.
The Real Revolution Is Underway But Nobody Recognizes It
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Charles Hugh Smith – Of Two Minds – January 12, 2022
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“Revolutions have a funny characteristic: they’re unpredictable. The general assumption is that revolutions are political.”
“The Great Resignation is the real revolution which few if any recognize. The status quo is going to great lengths to dismiss it, for example, The Great Resignation: Historical Data and a Deeper Analysis Show It’s Not as Great as Screaming Headlines Suggest, because this revolution is not controllable with force and is therefore unstoppable.”
“So the real revolution takes place out of the spotlight, as one person at a time opts out. They opt out of the unwinnable rat-race, of burnout, of debt-serfdom, of powerlessness, of accepting exploitive work conditions and all the tiresome trappings of neofeudalism.”
“After 45 years of losing power, the workforce finally has a bit of leverage. Some of the leverage results from demographics–the Baby Boom generation is retiring en masse and so the workforce is shrinking–and from the revolution of opting out, as millions of individuals quit, creating a labor shortage unlike any in living memory….”
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https://www.oftwominds.com/blogjan22/real-revolution1-22.html
“Bail-In Scenario” Will Force Banks to Seize Your Money Says David Morgan
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Stansberry Research – Jan 13, 2022
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https://youtu.be/l1VuQDNffeQ
‘How’d You Get It So Wrong?’: John Kennedy Grills Biden Federal Reserve Nominee On Inflation
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Forbes Breaking News – January 13, 2022
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https://youtu.be/UilCdxAgf2U
Can anything tame the inflation beast now that it’s at a 40-year high? Steve Hanke
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Kitco News – Jan 12, 2022
Guest(s): Steve Hanke Professor of Applied Economics, Johns Hopkins University
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“Headline CPI climbed to 7% in December 2020, the highest level since 1982, according to data released Wednesday by the U.S. Bureau of Labor Statistics.”
“Steve Hanke, professor of applied economics at Johns Hopkins University told David Lin, anchor for Kitco News, that inflation will likely remain elevated until 2024, after which the Federal Reserve will have to focus on reducing the money supply.”
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https://youtu.be/ucASZd7D9YM
Plan for Decades of High Commodity Prices, BlackRock Says
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Thomas Biesheuvel and Francine Lacqua – Bloomberg – January 12, 2022
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“Commodities prices may stay high for decades as mining companies struggle to keep up with demand from the energy transition, according to BlackRock Inc.’s Evy Hambro.”
“Raw materials, and shares of some companies that produce them, hit record highs last year as massive global stimulus measures underpinned consumption. At the same time, the switch toward a greener world is creating fresh demand for metals such as copper, lithium and nickel.”
“That trend’s unlikely to change anytime soon, Hambro, BlackRock’s global head of thematic and sector-based investing, told Bloomberg TV on Wednesday.”
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https://www.bloomberg.com/news/articles/2022-01-12/expect-decades-of-high-commodity-prices-blackrock-s-hambro-says
Top 20 EVs of 2021 – Costs Jump As Lithium, Cobalt, Nickel Prices Surge
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Frik Els – mining.com – January 13, 2022
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“But with battery raw material prices soaring – particularly lithium – this year is likely to see the trend reversed with battery costs increasing on kWh basis.”
“The battery can be as much as 40% of the overall cost of an EV, and as such, raw material prices have a much greater impact on EV costs relative to internal combustion engine (ICE) vehicles.”
“…That means that the tonnes of lithium, graphite, cobalt, manganese and nickel used in the calculations would have entered the battery supply chain at the latest six months ago at a time when prices were still relatively subdued.”
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https://www.mining.com/ranked-top-20-evs-of-2021-costs-jump-as-lithium-cobalt-nickel-prices-surge/
Axel Merk – Gold is in a good place no matter what the Fed does in 2022
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Neils Christensen – Thursday January 13, 2022
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“With gold prices holding above $1,800 an ounce, the metal is building a solid foundation for the new year, and according to one fund manager, the precious metal remains an attractive asset no matter what the Federal Reserve plans to do with monetary policy.”
In a telephone interview with Kitco News, Axel Merk, president of Merk Investments, said that he “expects gold to weather expected rate hikes as a risk and inflation hedge.”
“Gold should continue to do just fine as real interest rates will remain in negative territory,” he said. “When I look at inflation protection, I am not looking for the next meme stock; that is no inflation protection. If rates were to move higher, then the ‘funny season’ may be over. And some of the meme stocks and other phenomena might deflate.”
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https://www.kitco.com/news/2022-01-13/Gold-is-in-a-good-place-no-matter-what-the-Fed-does-in-2022-Axel-Merk.html
Gold Stocks Are Historically Cheap says Resource Fund Manager Adrian Day
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Mining Stock Education – Jan 12, 2022
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https://youtu.be/lULRLDSjkNw
Axel Merk is very smart so it makes sense that he understands that “gold is in a good place no matter what the Fed does in 2022.”
Agreed on both points. Axel Merk is very smart, and gold is in a good place no matter what the Fed does in 2022. The Fed rate hiking cycle will simply be an accelerant to the next impulse leg higher.
Gold is also in a good place regardless of whether the stock markets correct, whether the US Dollar rolls over, or whether we see any geopolitical fireworks later this year. Those would also be accelerants for more generalist investors seeking the safe haven of gold, but not required for gold to still hold it’s own and head higher in the medium to longer term.
+3 for the Merkster
explains > unpacks
This Silver Stock Is Poised For A Big 2022
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Soar Financial – Jan 12, 2022
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“On Episode 225 of #SFLive, we are speaking with Doug Cavey of Defiance Silver. We will review 2021, but also discuss why the company is poised for a big 2022. ”
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https://youtu.be/imJFd3q_pKQ