The Price Can't Stagnate Forever!

Ok, so no post last Friday and the truth is I was out drinking…. We all have to have a life.  Anyway back to business, what’s been  happening in the precious metals markets?

Metal miners fighting back, survivors will benefit from austere 2013. Last year, the fall in precious metal prices really pushed some miners to the limit of not only profitability but survivability! Now this update isn’t about dwelling on the woes of those that didn’t make it, rather, im here to interpret what it means for those who are still operating.

One particular company that I’m invested in, (so naturally I have an interest in its operation) is African Barrick Gold (ABG).  A sub-division of Barrick Corps (the worlds largest producer) , this miner operates in cental Africa (Duhh) and really know what they are doing.  Barrick owns 73.9% of ABG and has a vested interest in keeping the company profitable, this includes the recent overhaul and restructure of its operations.

Now think for a minute, this company (ABG) is not only mothered by the biggest of all global players, but is still profitable. When, yes When the Gold price recovers, ABG is poised for a massive return on its current stockpile and efficient operating process……. Watch this space!

Silver Investors are waking up now, for you guys take a look at this article - Silver 000% Increase , I say well done; you have entered in to your investments at around the bottom price of silver so in 5 – 10 years when you look back at the silver chart you can feel comfortable that you profited and got the biggest gains possible.

Lazy readers amongst you – the article basically discusses the fact that the Gold and Silver ratio is skewed in an abnormal manner, and the most basic of economic indicators – Demand! US, Canadian and Australian Mints are hitting sales highs every month.

I will try and add a piece at the end of the week on why the World is dumping the US Dollar as the world reserve currency…. This will definitely affect not only the price of Gold and Silver  but every thing you do.

Oh, I will try and keep it a bit visual so bear this picture in mind with your own investment portfolio.

Until next time... happy investing.