We are NOT the only people in the world who know that gold will make its largest upward move in history after the Fed hikes rates on March 16th. With Crypto crashing, gold will literally receive 100% of all safe-haven dollars, with the only other choice being bonds that will decline dramatically on an inflation-adjusted basis. Because there is literally nowhere else to go but gold, we could easily see gold have a $100+ per oz single day gain within the next week or two as smart money rushes to load up on gold prior to March 16th. In fact, smart money is already aggressively accumulating gold as we speak, but with the NASDAQ down sharply once again today there are widespread margin calls throughout the market in stocks like Netflix (NFLX), Peloton (PTON), etc. that are causing a temporary increase in the supply of gold available in the market from investors being forced to sell their liquid assets. By mid-next week the supply of gold available in the market will tighten dramatically and gold will settle next week significantly higher than where it settles this week!
North Peak Resources (TSXV: NPR) will hit new highs within the next week or two. When gold explodes north of $2,000+ per oz, NPR will explode into double-digits!
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.