North American gold exploration & development companies are currently at record low valuations. Back in May 2006, the median North American gold exploration & development company had an enterprise value per oz of gold resources equal to 10.02% of the gold price meaning at a $3,000 per oz gold price they would have a median enterprise value equal to $300+ per oz of gold resources.
Gold exploration & development stocks need to increase 17.89x in value to return to year 2006 valuations.
We are coming out of the largest asset bubble in world history. When Howard Lutnick gets fired in the weeks ahead and Tether goes bust, many Crypto meme coins/altcoins will collapse to zero and gold/silver exploration & development stocks will rapidly rise by 500%-1,000%.
We like to bet on the world's highest quality gold/silver exploration & development projects and the best management teams even if we need to pay a premium compared to the median gold/silver exploration & development company!
Preparing Americans for Hyperinflation
