The current chart of the TSX Venture Composite Index looks exactly like Bitcoin did when we suggested Bitcoin in May 2016 at $530 prior to its explosive move to $20,000 in 2017. See that big spike up in early-2000? It will happen again very soon. We are currently trading at almost the exact price from late-1999 before that big spike up:
The main thing Silver Standard had going for it during its 5,993.33% rally from year-end 1998 through November 6, 2007, besides a competent management team was the TSX Venture Composite Index being in a bull market. The TSX Venture Composite Index bottomed at year-end 1998 alongside Silver Standard.
As long as your gold exploration stock bottomed in late-2023 alongside Augusta Gold (TSX: G) which triple bottomed you are most likely in good shape. Although we weren't smart enough to time Augusta Gold (TSX: G)'s exact bottom we will make up for it on the upside and hold until it is up at least 10x in price from the low of $0.57 per share and trading for $5.70 per share or more.
If your gold exploration stock continued going down in 2025 like New Found Gold (TSXV: NFG) you need to ask yourself why you still own it when there are much bigger opportunities out there like Augusta Gold (TSX: G) and Highlander Silver (CSE: HSLV).
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. NIA's President has purchased 224,200 shares of G and intends to buy more shares. NIA's President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
