Our Time Is Coming

Written by Gerardo Del Real
Posted November 4, 2019

I’m in beautiful New Orleans for the 2019 New Orleans Investment Conference.

The conference is my personal favorite. Brien Lundin and his team have once again outdone themselves with a stellar lineup that includes Danielle DiMartino Booth, Brent Cook, Mickey Fulp, Rick Rule, and Outsider Club founder Nick Hodge.

The conference is a great way to kick the tires on new companies, check in on companies in the portfolio, and my personal favorite: meeting and speaking with subscribers.

The overall sentiment moving forward is one of optimism.

Nearly everyone believes gold is headed higher. Nearly everyone believes we are in a new gold bull market — albeit a young one.

However, be absolutely clear, there is a whole host of people — both on the retail side and on the corporate side — still suffering from bear market PTSD.

Despite $1,500 gold, despite the best attendance I’ve seen in years, despite a younger more diversified crowd, people are still sucking on the bone, flipping it over, and thoroughly working the back side to make sure nothing was left to waste.

The combination of lean times for the past several years and tax-loss selling has many debating what they’re doing in the junior resource sector.

In the words of Rick Rule, “I’ve stuck around for the pain, you better believe I’m sticking around for the gains.”

This is the question you want to ask yourself as we approach 2020. Do you have it in you to stomach the volatility of this last quarter and use it as an opportunity to position yourself for what I believe will be a spectacular — and volatile — 2020 in the precious metals space?

If you are going to speculate in this space, do not wait until the herd — as Mr. Dines would say — catches on. Buy now.

I have several positions down 40%, 50%, 60%. Positions that in the right market — the one we’re headed into — will make me 200%, 500%, and more.

What gives me the confidence to stick around? Because I know there’s nothing wrong with the asset, the share structure, the management teams, or the ability of the better companies to advance those assets forward in a better market.

I’m willing to tough out a few lean years by checking that bone thoroughly and making sure none of it goes to waste because what’s coming is a feast that will make the lean times seem like a distant memory.

We’re not there yet but, in the precious metals space, that time is coming.

I encourage every one of you to do your due diligence now. Make your list. I gravitate towards companies with robust assets in the ground and the higher-leverage — but riskier — exploration companies that we need to make the next round of discoveries.

Everyone’s situation is different. Define your risk tolerance, define your time horizon, and narrow down the shopping list. If you’re going to speculate in this space, the time to buy is while everyone is still licking their bear market wounds.

To your wealth,

gerardo-sig

Gerardo Del Real
Editor, Junior Mining Monthly and Junior Mining Trader.

For the past decade, Gerardo Del Real has worked behind-the-scenes providing research, due diligence and advice to large institutional players, fund managers, newsletter writers and some of the most active high net worth investors in the resource space. Now, he is bringing his extensive experience to the public through Outsider Club, Junior Mining Monthly, and Junior Mining Trader. For more about Gerardo, check out his editor page.

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