{"id":1158299,"date":"2020-01-06T10:40:46","date_gmt":"2020-01-06T16:40:46","guid":{"rendered":"http:\/\/goldstocktrades.com\/blog\/?p=5196"},"modified":"2020-01-06T10:44:24","modified_gmt":"2020-01-06T16:44:24","slug":"gold-and-palladium-hitting-record-highs-on-geopolitical-uncertainty","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1158299","title":{"rendered":"Gold and Palladium Hitting Record Highs on Geopolitical Uncertainty"},"content":{"rendered":"

In the late 1990’s when gold was at major low, Central Banks were liquidating their gold holdings and investors became completely disillusioned with junior gold exploration after Bre X I decided to go against the consensus at that time.<\/p>\n

My friends went off to study computer science but I went into mine development and engineering. \u00a0I became horribly depressed around academic engineers in university as the culture at that time was very negative and a lot of the professors at that time were recently laid off by major producers. \u00a0It was a negative atmosphere and professors were actually discouraging me from the profession.<\/p>\n

I then decided to look for real world engineers and financiers still making it in the business. \u00a0I started going to investment conferences and met people like Rick Rule, Rob Mcewen, Bob Quatermain, David Tice, John Doody, Jay Taylor and that is where I saw academics turned to a real world hypothesis with money on the line. \u00a0I met the top scientists and financiers who believed they would make it big and gold would turn! \u00a0It did.<\/p>\n

A lot of those stocks went from pennies to tens of dollars and I thought I was smart eventually quitting my job to blog full time and that is exactly when gold corrected. \u00a0I lost almost 90% from the highs.<\/p>\n

I thought it would be a year or two correction but it lasted more like 8 years and now we are finally breaking out into new multiyear highs. \u00a0It was long dark winter of a bear market. \u00a0But I continued buying after failure and investing in scientists\u00a0I believed in. \u00a0Now it looks as though spring has arrived and the seeds we planted are sprouting.<\/p>\n

Gold is on the verge of hitting new highs and palladium has surpassed those record highs soaring past $2k.<\/p>\n

We may be on the verge of that next run in the junior miners like we saw almost 20 years ago. \u00a0The Iran-US tensions now after the death of the Iranian General is the worse since 1979 when gold soared last time.<\/p>\n

Now even Iraq is turning over to Iran against US asking troops to leave. \u00a0It seems Obama’s appeasement is all null and void now as they are threatening nuclear war again.<\/p>\n

The tensions now especially around Strait of Hormuz is greater than that of the beginning of the Iraq War in 2003. \u00a0Gold benefits during times of financial uncertainty and war. \u00a0So does palladium which continues to tighten and move parabolic. \u00a0Silver looks strong too hitting almost $18.50.<\/p>\n

\"490x-1.png\"<\/a><\/p>\n

Unlike many metals I can’t find palladium projects for development especially with no royalties or streams. \u00a0One that I have featured for months just came out with economics (PEA) today<\/a>.<\/p>\n

The chart looks amazing and I can’t find any other junior like this. \u00a0If you can find another palladium junior in North America with these economics please tell me! \u00a0Its hard to find a project that could average 200k palladium eq. ounces annually over 14 years at an all in sustaining cost under $600 an ounce.<\/p>\n

\"\"<\/p>\n

Please remember this is just the base case! \u00a0The company hasn’t included all the recent drilling from additional deposits. \u00a0Don’t discount the fact that North American Palladium was just taken out. \u00a0I have a feeling this could be candidate. \u00a0Check out my recent\u00a0interview by clicking here…\u00a0<\/a><\/p>\n

Please note for full disclosure I am a shareholder and they are a Goldstocktrades.com sponsor that means I have a conflict of interest.<\/p>\n

Make sure to sign up to my free email and follow me\u00a0@goldstocktrades<\/a><\/p>\n

Assume Author (Jeb Handwerger) owns shares and that I want to sell them for a profit. \u00a0I may have received or intend to receive compensation for digital marketing services from these companies. \u00a0The content of this article is for information only. Readers fully understand and agree that\u00a0nothing\u00a0contained herein,\u00a0written\u00a0by Jeb Handwerger about any company,\u00a0including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing\u00a0contained herein is a recommendation\u00a0or solicitation to buy or sell any security.\u00a0Author is not\u00a0responsible under any circumstances for investment actions taken by the reader.\u00a0Author\u00a0has never been, and is not currently, a registered or licensed financial advisor or broker\/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not\u00a0perform market making activities.\u00a0Author\u00a0is not\u00a0directly\u00a0employed by any company, group, organization, party or person.\u00a0The shares of these companies\u00a0are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks\u00a0can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed \/ registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article.\u00a0Author\u00a0is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content.\u00a0Author\u00a0is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic.\u00a0Author\u00a0is not an expert in any company, industry sector or investment topic.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

The chart looks amazing and I can’t find any other junior like this. If you can find another palladium junior in North America with these economics please tell me! Its hard to find a project that could average 200k palladium eq. ounces annually over 14 years at an all in sustaining cost under $600 an ounce.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[361,390,3820,391],"tags":[48,131],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1158299"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1158299"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1158299\/revisions"}],"predecessor-version":[{"id":1158300,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1158299\/revisions\/1158300"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1158299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1158299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1158299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}