The post-COVID ‘new normal’ and a flood of stimulus packages from the Federal Reserve have crushed the dollar and pushed gold to record heights.
And with the real economy in a precarious situation, gold prices could soon hit $3000, $4000 or even $5,000 dollars per ounce.
Investors of all types are piling into safe haven assets in unprecedented numbers, and when even the most gold skeptic investors are starting to bet big on bullion, one may conclude that things have fundamentally changed.
This week, The Oracle of Omaha himself, Warren Buffett, disclosed Berkshire Hathaway’s recent investment in gold miner Barrick Gold Corp. This is the first time he has bought gold, and it is a sign that the legendary investor places significant value in the yellow metal.
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Source: Yahoo Finance
One thing Buffett knows is that gold mining stocks have historically always performed better than physical gold. Currently, the best indicators such as the popular Gold Miner ETFs are outdoing physical gold by 50% ...
VanEck Vectors Gold Miners ETF (GDX) has surged over 53% in the past 52 weeks.
VanEck Vectors Junior Gold Miners ETF has surged over 52%.
And for even bigger gains, Canadian junior Amex Exploration is up a staggering 7,000% over the past 12 months …
Source: Yahoo Finance
That’s because AMEX has hit very high-grade gold in three distinct zones including its iconic 100% owned Perron Gold Project located in the mining-friendly jurisdiction of Quebec.
But if you missed out on the mad Amex rally, don’t worry…it could happen again.
One possible junior company called Starr Peak Exploration is very well positioned for a potential gold strike.
It’s sitting in the same gold region …
And Amex management believes this is the next major runner. In fact, they are so confident that the founders of Amex Exploration were some of the early investors in Starr Peak.
Now, Starr Peak is gearing up for its first drilling campaign, and it has little exposure--yet.
Junior Gold Mining Stocks Are Major Multipliers
Gold Mining Stocks offer the best opportunity to multiply your returns over the long run.
That’s the case because gold mining stocks act as a leveraged play on gold, multiplying gold moves by 1.5x, 2x or even 3x.
Source: Yahoo Finance
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