Gold has been going through a months-long bottoming process, with each bottom being slightly higher than the previous, almost exactly in line with growth in U.S. M2 Money Supply Per Capita. It's very possible that there are big hedge funds out there that know exactly what we know about how gold will launch off on March 16th when the Fed raises rates and they will begin accumulating gold in the upcoming weeks. The biggest risk is not being positioned in North Peak Resources (TSXV: NPR) in advance, because if you wait until everybody rushes to enter NPR at exactly the same time it will be too late to enter NPR for below $5 per share.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 200,000 shares of NPR in the open market. This message is meant for informational and educational purposes only and does not provide investment advice.