Saturday, April 17, 2010
Readers who watch our "top ten" list have been treated to the "Matt Badiali Show" over the past few months...
Our resource and geology expert, Matt Badiali, has claimed five of the top 10 spots on the open position list, including a monster 465% gain in Jinshan Gold Mines, a 200% gain in the tiny exploration company Rainey River, and two silver companies that have doubled since his original recommendations.
Jinshan was the focus of a report Matt sent to readers of the S&A Resource Report this January, titled "Government-Backed Gold and Silver: How to Make 10-Times Your Money in China."
Matt's investment thesis was simple: When the Chinese government decides to support an industry, it goes "all in" with special regulatory, tax, and other government favors. China desperately wants to develop its domestic mining industry, and Jinshan is one of China's anointed gold companies. Matt originally recommended the stock around $1. It's now around $5.90.
Matt has Jinshan rated as a "hold" right now. Lately, he's more bullish on a little-known region called the "Golden Triangle." Most folks have no idea the place exists, but it's home to the largest untapped gold deposit in Canada. Altogether, the Triangle has 15 world-class deposits – all of them virtually untapped. But as Matt tells us, that's all about to change.
The Golden Triangle has been mostly impossible to mine for the past 150 years because of its remote location and lack of power infrastructure (I had to visit by helicopter). While many folks get excited about big gold discoveries, they often forget that roads and power lines are as important to a mine as ore grades.
But just a few years ago, the British Columbia provincial government – in conjunction with the federal government of Canada – has approved the construction of a 200-mile power line. The new high-voltage Northwest Transmission Line is scheduled to cut right through the heart of the Golden Triangle... and it's going to bring a mining boom along with it.
It will also send the shares of companies that own prospective stakes in these potential mines soaring. Neither Main Street nor Wall Street know about the region, so shares in the best Golden Triangle plays are still cheap.
To anyone who hasn't hedged himself against the coming dollar crisis with gold, silver, and selected precious metals stocks, Matt's report on this situation is a must read. Matt has found several companies operating in the Golden Triangle with spectacular undeveloped gold and silver deposits. It's a way to own a tremendous amount of precious metals in the ground (in a safe, stable country), while exposing yourself to hundreds of percent upside when gold and silver go to the moon. You can learn more about his report here.
Do yourself and your family a favor today and watch this short video from former CNBC anchor Dylan Ratigan's new television show.
To most people, the federal banking system and how it orchestrated the credit crisis is a hopelessly complex subject. And Ratigan is short on details, so you won't come away with a dramatically better understanding of how banking really works.
But you will be amazed at how sharply he criticizes the Fed, the banking system, Congress, Greenspan... and anyone else who helped create the bubble – all on a major TV network. It's virtually unheard of, except by people like John Stossel or maybe The Daily Show's Jon Stewart.
Mainstream television news reporting on finance is filled with mindless hero worship and cheerleading. Ratigan's video is the opposite. It's all about the con game that is our banking system and the con artists in government and Wall Street who perpetrate the crime.
Once you understand how the government is conning us, you'll know why we constantly urge readers to own gold. A major part of the attraction of gold is it gets your wealth outside the banking system. (That, by the way, is why I'd never store it in a safe deposit box. That would give the bank better access to my gold than I have and defeat the purpose of owning it.)
Our friends at The Daily Crux recently interviewed Swiss fund manager and Gloom, Boom & Doom editor Marc Faber. Faber is currently one of the most sought-after investors for his macro views on inflation, gold, and Asia.
In this interview, Faber reveals the best stocks to profit from Asia's economic boom, his favorite gold stocks, his favorite way to own gold, and his favorite medical tourism stocks... He even tells readers his favorite city in the world for "nightlife." Do yourself a favor and check out this Crux exclusive. It's completely free. Just click here...
S&A Investment Research
Date Range:4/8/2010 to 4/15/2010
Date Range:4/8/2010 to 4/15/2010