Gold has now cleared $3,800 per ounce and silver has hit $48 per ounce. Those mining companies that produce these metals are experiencing double if not triple digit gains.
And by the look of things, this trend is nowhere near over.
The reality is that a tectonic shift has taken place in the financial system. For the first time in decades, investors, both individual and institutional are shifting from paper assets (Treasuries) to hard assets (precious metals and other assets that cannot be devalued).
Why are they doing this?
Because they have realized the dark truth about the current macro environment: that there is no path forward that doesn’t involve money printing.
The reality is that the pandemic opened the door to truly staggering amounts of money printing/ stimulus. And while governments and central banks have slowed the pace of these interventions, no major government in the world has brought spending back to pre-pandemic levels.
Put simply, the world is in a new normal or monetary regime: one that is based on fiscal dominance/ overspending.
In this context, central banks have no choice but to print money to monetize/ inflate away debts. The alternative is to allow the bond markets to revolt, which would lead to a debt crisis.
In simple terms, the dominant theme in the financial system today is inflate or die. And policymakers are opting to inflate.
This is why hard assets are skyrocketing. It’s why stocks are in a melt-up (stocks are fundamentally an inflation hedge to a point). And it’s why investors have a once in a lifetime opportunity to ride a tsunami of liquidity as it flows into small, under-allocated asset classes (precious metals and precious metals miners).
Case in point, the stock market is over $60 trillion in size. The ENTIRE precious metals mining complex is only $600 billion in size. If even a small portion of capital allocated to stocks begins to shift into this space, truly life changing profits can be achieve.
On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead. They’re already up 17%, 25%, 25%, 40% and 42%. And that’s just in the last month!
The report is titled Survive the Inflationary Storm. And it explains my top five gold mining plays, including their names, their symbols, and the resources they own.
Normally I’d charge $499 for this report as a standalone item, but we are making just 100 copies available to the public.
To grab one of the last remaining copies…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
