The Economy Is Telling us to BUY GOLD

‍

It seems every economic vector in the universe is leading us to one conclusion - GOLD. Over the next few minutes I'm going to discuss the economic and geopolitical indicators that are screaming - buy this shit.

‍

BRICS Nations and the US Dollar:

‍

The BRICS represent a notable force in the global economy and alliance consisting of Brazil-Russia-India-China-South Africa. They seem to be either fed up or jealous of the USA having the sexy reserve currency - USD.

‍

So because of this, the idea of a new BRICS reserve currency backed by GOLD has been floated. This could potentially lead to a decline in the demand for the US dollar, thereby affecting its value negatively​. Will they pull this off? Not sure but despite it all, when the economy’s actin’ funky - gold comes in handy. 

‍

‍

Gold on the Rise:

‍

A number of factors have been driving the price of gold upwards. For one, recent geopolitical tensions - most notably the conflict between Israel and Hamas, have prompted investors to flock to gold as a safe-haven asset, pushing its price closer to its all-time high of $2,074.88 per ounce​, hitting an 11-week high today​.

‍

Inflation concerns and Federal Reserve policy moves are also playing a huge key in this rally for gold prices in 2023​. We all feel inflation on a day-to-day basis, and the rise in inflation has a direct correlation with a rise in Gold prices. The Bank of America has even forecasted that gold could possibly exceed $2,000 per ounce​…

‍

‍

Goldman Sachs' Bullish Stance on Gold:

‍

Goldman Sachs has also weighed in on the bullish outlook for gold, raising its price target to $2,500 per ounce due to uncertainties in the economic conditions and potential concerns of a US recession in the coming year​.

‍

Countries Stocking Up on Gold:

‍

Central banks around the world have ramped up their gold purchases, reaching the highest level in 55 years as of February 2023. Countries such as Singapore, Turkey, China, Russia, and India have reported notable purchases of gold, massively increasing their reserve, with China taking the W and being the largest buyer YTD increasing their reserves by 188 tons.

‍

‍

How to Benefit? 

‍

Well, buy Gold, or if that’s a little slow-paced for you. Invest in Gold companies. Quoted by Pierre Lassonde Canadian Billionaire and mining legend.

‍

“The Gold mining business, to my mind, is the easiest business to make money in”.

‍

We invest more into Gold Juniors and our biggest holding right now is:

‍

$WSR - Western Star Resources:

‍

A promising junior held 65% by insiders and close shareholders. 

Just today, October 18th, they recently announced the 100% acquisition of a Bonanza Grade Gold property in the Yukon (news release here). The property runs historic grades of: 67.5 g/t gold, 2,058 g/t silver, >10.0% lead, 9.44% zinc and 9.84%. This Yukon property is drill-ready, road accessible, and contiguous with the Skukum Gold Project owned by New Pacific Metals - a 400m dollar company.  That is just their most recent acquisition. They also are the proud owners of the Western Star property: A fresh, high-grade, ready-to-be-penetrated CRD play. 

‍

‍

Let me break it down nicely and simply…

‍

- 6km of strike visible on the surface, with Bonanza grades with up to 3000 g/t Silver, 1-50% Lead, 1-10% Zinc, 8.22 g/t Gold and up to 4% copper.

- 5-year multi-drill pad drill permit in place with government bond - already paid. 6km of channel sampling with 30 100m holes in the highest grade spots PLANNED and READY. 

‍

VHLA isn't the first group to take a liking to the story, Crescita Capital LLC just put $5,000,000 into this story, keeping them nice and funded mitigating dilution (news here). As we have always said - Follow the Smart Money. 

‍

‍

As a freshly listed, tightly held, fell-funded, high-grade junior. They have my attention. 

‍

Well, I hope you enjoyed the read and got some insight into the Gold Market and maybe learned a thing or two about our favourite Gold Junior right now. That being said, we like the risk that comes with investing in the Jrs… because that’s where, in my opinion, the largest potential reward is. In my opinion, all Gold is good right now. Whatever fits your appetite. One size doesn't always fit all. 

‍

Cheers, 

‍

‍

‍

‍

Disclaimer

For our full disclaimer click here

Forward-Looking Statements and Legal Disclaimers – Please Read Carefully.

This article contains certain forward-looking statements within the meaning of applicable securities laws regarding Western Star Resources and the gold market. All statements other than historical facts, including plans, projections, objectives, expectations, or beliefs of future performance regarding Western Star Resources, are forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks include market acceptance of gold as a valuable commodity, the ability of Western Star Resources to successfully explore and acquire new properties, the success in drilling and discovering resource-rich sites, the market conditions for junior gold companies, and the success in monetizing gold assets and obtaining favourable market prices for gold. We have been compensated in the form of 500,000 shares by Western Star Resources and we do hold stock in the company which may present a conflict of interest. This compensation is a major conflict with our ability to be unbiased. This communication is for entertainment purposes only and should not be used as a basis for making any investment.

‍

LEGAL DISCLAIMERS

‍

PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Western Star Resources has compensated us for an ongoing marketing campaign including this article, among other things. We invest more in Gold Juniors and our biggest holding at the moment is Western Star Resources. Our position in Western Star Resources, particularly, holds significant value which may present a conflict of interest in the unbiased dissemination of information regarding the company. This compensation and our ownership position in Western Star Resources is a major conflict with our ability to be unbiased. This communication is for entertainment purposes only. Never invest purely based on our communication.

‍

SHARE OWNERSHIP. The ownership of this publication may be buying and selling shares of Western Star Resources for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. This relationship and the compensation to be received by us is a major conflict with our ability to be unbiased.

‍

NOT AN INVESTMENT ADVISOR. The principals and agents of this publication are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation.

‍

ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

‍

RISK OF INVESTING. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.