• 1 day The Federal Reserve and Money...Aspects which are not widely known
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days Coincidence of EIA Report Delay? - "I had seen it delayed minutes, and a couple of times a few hours, but don’t recall something like this — do others?" asks Javier Blas
  • 6 hours European Parliament Members, Cristian Terhes et al, push back against Totalitarian Digital ID and Carbon Tyranny in Europe.
  • 3 days Demonising fossil fuels has caused major grid problem in Australia
  • 8 days "And this is perhaps the most dangerous kind of government there can be."
  • 2 days "...too many politicians believe things that aren’t true." says Robert Rapier
  • 3 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 3 days Welcome to Technocracy - The New World Energy Order... "1000s Of Sydney Homes Plunged Into Darkness As Aussie 'Price Cap' Policy Sparks Energy Shortage"
  • 4 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 329 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 7 days ESG Topic - "German Police Raid Deutsche Bank, DWS Over Allegations Of Greenwashing" - ZeroHedge Bloomberg and others
Gold Set To Soar As Inflation Fears Mount

Gold Set To Soar As Inflation Fears Mount

Inflation has been at the…

Could This Be One Of The Most Exciting Gold Discoveries Of 2021?

Could This Be One Of The Most Exciting Gold Discoveries Of 2021?

An up-and-coming gold exploration company…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Premium Content

Where to Buy the Next Dip in Gold

After the violent moves in the gold market last week which took it to another all time high of $1,363, and then a wrenching $25 pull back in a matter of hours, many traders are left grasping for an intelligent way to deal with the barbarous relic. Those who were too clever by half and traded out of the yellow metal early are now trying to buy it back on any dip, driving it relentlessly higher.

The gold bugs who read this letter will not be surprised to hear that the Van Eck International Investor’s Gold Fund (INIVX) has been the top performing US mutual fund for the past five years, with an annual 27% return. The firm focuses on buying miners with good management and decent growth prospects. These are often found listed on the Sarbanes-Oxley free Toronto Stock Exchange. Its three top picks now are Agnico Eagle (AEM), Kinross Gold Corp. (KGC), and Rangold Resources (GOLD).

The gold industry is in a supply/demand sweet spot now, as supplies have been ex-growth for a decade in the face of a rising tide of demand. Peak gold is upon us, and unexploited deposits are getting farther and fewer between. There will be no more of history’s “gold rushes” as seen in California, South Africa, Australia, and Alaska, as the world has been scoured to death for new deposits. This is happening while failed economic policies around the world create ever larger numbers of buyers.

Gold may be overbought for the short term, but the world is waiting to buy it on any $100 dip, where emerging market central banks will be jostling with private institutions and individuals to top up existing positions, and “newbies” fight to open new ones. Van Eck’s conservative one year target is $1,700/ounce. They think the bull market has a good five years to run, and won’t end until we see an inflationary spike, taking prices to who knows where.

By. Mad Hedge Fund Trader


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News