Sep 20, 2021
Summary:
We currently see the precious metals getting slammed down in
comparison to other commodities, which is an upsetting phenomenon
for many investors. Today, we have Brian Leni on the show to talk
about this and to re-emphasize the inherent value in the metals
despite shifts in prices. Gold remains a critical asset when it
comes to maintaining your wealth, and this becomes even more
crucial as currencies err on the side of instability. Tune in to
hear from myself and Leni about how to have confidence in your
investments in a changing market, and to learn more about why these
fluctuations are occurring.
Highlights:
-Precious metals have been mercilessly slammed down—the last time
gold got slammed down like this was back in June
-To the amateur investor, this is an upsetting phenomenon. From a
professional standpoint, this is also somewhat surprising given the
current circumstances in the world
-Gold is the most important asset for one that wants to maintain
their wealth
-Those that own it are glad they own it
-Debt keeps going up; government and currencies are becoming more
unstable
-There has been lots of commodity price inflation with the
exception of precious metals
-You buy gold and silver for insurance—to maintain your wealth
-You buy junior resource stocks because they are speculations of
people and their ability to execute on action plans
-High gold/silver prices mean that financially and socially there
are some bad things going on in the world
-Assay labs are taking longer than normal—sometimes having to
travel lots of other places
-Everybody is drilling across the world, and assay labs may be
restricted
-It’s hard when the market is imploding and people are
impatient—but this presents opportunity
-Patience has to be part of your repertoire
-If you’re early to an investment, it’s going to be a while until
its value is recognized, but this is where the big gains are
-If you’ve done research, you need to have confidence in your
investment and see yourself through
Useful Links:
Financial Survival Network
Junior Stock Review
juniorstockreview@gmail.com