Russia, China, and many of the world’s elites are hoarding as much gold as they can get. Here’s why…
The red line is exploration spending, and as you can see, over the past 5 years, the sector has spent an unprecedented amount of capital looking for gold, but ounces of this rare metal discovered have absolutely collapsed!
Peak Gold
Goldman Sachs, in a report last year, went as far as saying the world had seen peak gold! This is why they are forecasting a higher gold price, and the fact is they are right – the lack of discoveries has destined the gold market to a geological shortage, which will push prices much higher than they are today.
This is happening at a time when gold demand is surging due to insolvent governments around the world!
It’s no secret that central banks, the money printers themselves, have been net buyers of gold for the past 6 years. But did you know that some major producing oil nations are already selling oil for gold?
Gold, over the next 10 years, is going to be a very important investment, and potentially, even restored as a reserve currency.
Former CIA Advisor James Rickards, when he set a $10,000 price target for gold, also stated that China and Russia could very well be preparing for a gold-backed global currency. This would explain why they are buying gold and gold properties so aggressively.
President Ronald Reagan’s former economic advisory, who worked in the Treasury Department in the 1980s, has recently warned that the gold price will soon “break loose,” meaning a rapid and violent surge higher!
How to Profit from a Rising Gold Price
Legendary investors are piling into a new gold and silver stock, including billionaire Eric Sprott, one of the wealthiest men in all of Canada, and Rick Rule, a famous gold stock speculator.
It’s headed up by Keith Neumeyer, founder of First Quantum Minerals, one of the world’s largest copper producers, and founder of First Majestic Silver, a primary silver producer. Investors today have the opportunity to partner with his newest venture — not even year old, and trading for less than $1 — First Mining Finance (TSXV: FF & US: FFMGF).
Even New York Times best-selling author and hedge fund manager, Marin Katusa, has called this one of his key investments, “1 of only 9” stocks he owns!
The last time people entrusted money with this Keith Neumeyer, they could have turned $10,000 into $1.2 million!
Keith has built two billion-dollar companies, and now he’s pouring millions into his new stock, which has been on an acquisition rampage, including hostile takeovers… It was launched with a core objective: acquire gold, silver, and other minerals at dirt-cheap prices.
Find distressed sellers with established resources (ounces in the ground) and seek out friendly acquisitions. And if they refuse, take them out through hostile takeover!
In just 9 months, First Mining Finance is now one of the fastest gold developers in the World!
With the U.S. national debt nearing $20 trillion and the world bankers moving towards negative interest rates, the set-up for gold investors could not be better!
To learn more about gold or gold investments, visit FutureMoneyTrends.com/InvestRight
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