Kerry Lutz's--Financial Survival Network

Big things are happening at Fury Gold Mines (sponsor) and the excitement of CEO Michael Timmins and SVP of Exploration Michael Henrichsen is contagious. At the Eau Claire project, Timmins said, “We are very pleased to have hit gold mineralization in our first significant step-out…” The hole was drilled down plunge at 660 meters and yielded 3m of 2.59 g/t, a significant extension. So significant were the results, the team has moved a second drill rig to the site to advance the discovery. Henrichsen is looking to double the project's scale. The next target is even further out and if they achieve similar or better results, we’ll know they’re on to something really major. It’s all part of the 50,000 meter drill program that’s yielding results. 

Fury has three major projects underway, Eau Claire, Homestake Ridge and Committee Bay. Homestake currently has a 25,000 meter drill program underway and Henrichsen believes there's been a game changer there as well. Timmins emphasizes that this degree of optionality is going to pay off big for shareholders. It’s part of a deliberate strategy, which when combined with the world-class team should yield big finds in the not too distant future. When one of projects succeeds, the profit to shareholders will be substantial, if all three are winners, we can only imagine the pay-off. 

Fury’s share price has responded accordingly. Now that the merger/spin-off from Auryn Resources is past and has been fully digested by the market, Timmins believes that the $3.50 share price target is well within reach. And with an exploration team, headed up by Henrichsen, former Newmont structural geologist with many successes under his belt, there’s little doubt that there's more to come. That’s why we own the shares.

Click here for Fury Gold Mines Website

Tickers - NYSE & TSX: FURY 

While there’s ample room for criticizing hedge funds, the practice of naked shorting needs to stop. Gamestop had 140% short interest, that’s 40 percent more shares than existed were actually short. How can this practice be justified and it’s been happening for decades. In addition, hedgefunds often hire PR firms to further drive down the price of the stocks they are shorting. Is this proper? 

Jim says the S&P 500 is heading for a correction and then thank to easy money compliments of the Congress, watch for the rally to happen.

Mother of all Shorts Part Deux. Short bets against the dollar have increased. However, the ECB is looking at weakening the Euro to make their economic programs easier to implement. We’re going to see a rally in the dollar index. How will it affect gold and silver? 

CEO David Suda is gratified to finally see investors looking to the metal sector as a hedge against uncertainty and inflation. We’re in the early innings of a new gold bull market and now we have the Reddit phenomena bringing a whole new generation of investors to precious metals and mining stocks. Gold Terra (sponsor) is an opportunity for them to see the results of what Chairman Gerald Panneton believes is an incredible opportunity. Putting his money where his mouth is he acquired in excess of 5 million shares for his own account. When seeking companies to invest in, we like to buy into companies along side management. 

David explained that the newly acquired Newmont claims haven’t been explored since the 1960’s. The area has an incredible history with over 14 million ounces were mined, in close proximity to the Town of Yellowknife. 5 million came out of the Campbell Shear alone. It took 9 months to close the Newmont Deal, but David is certain that it was time well spent and Newmont agrees. Drilling began on January 20, 2021. They’ve got the money to do it and they’re moving ahead after shaking off the Covid-related delays. Company valuation is extraordinarliy low, when taking into consideration of what lies beneath.

David states that 2020 proved to be a formative year where all the building blocks of success were put into place. As he said, “Tell investors what you’re going to do, raise capital and then go and do it.” This year they’re drilling on a more prolific target, closer to town with great promise. The Company is now going out and doing it what it said it would and that’s exactly why we’re shareholders.  

Website GoldTerraCorp.com

Tickers: TSX.V:YGT  OTC:YGTFF

Early 2021 should see a dollar bottom, which will hold for a year or two. Where will interest rates go? You could see over the next 6-8 months an economic recovery along with commodity inflation. Interest rates could turn up and the dollar with them. Other factors could drive the dollar and rates up along with them. Interest rates set a multi-year bottom in 2020. Oil prices will peak at $60-65 around April/May. This summer for the first time we didn’t see gasoline prices go higher. Now we’re seeing gasoline prices go higher in the winter, another first. Could get back in sync later this year. 

Stock markets to go higher, we’re still in a bullish cycle. March was a major bottom that led to the current bull market till at least May. Right now we’re in a more volatile sideways trading phase or trading range. Once we get to March the next upturn starts. More optimism throughout the world could lead to it. Traders need to remember that the markets are anticipating 3-6 months in advance. An additional surge will bring us later in the year. 

For Gold prices nothing has changed in Eric’s projection since 2016. 2nd quarter of 2021 could see a similar high in metals as well as the stock market. The two go hand-in-hand. There could be a disconnect. Price action in the next 3-5 weeks will confirm the projection. At some point it could cause the stock market to go down, the inflationnary expectations start affecting it. 

We all know the world has become even more insane than usual lately. But how do you stay centered and remain happy while the Western world implodes? This is the challenge of our current world. Aaron and I come up with some ways to handle the meltdown. Number 1 is state management. You are responsible for what you think and whether your thoughts are negative or positive. You need to program yourself to be positive, no matter what the world situation. There are always things to be grateful for and reasons to remain positive. That doesn't mean escape from reality. You're responsible for your thoughts. 

We also discussed Aaron's new book The Book of Numbers: Analyzing the ROI on the Pursuit of Women. It's must reading for young men and women. It will give you a clear way to measure the value of a person you may be pursuing. 

The Redditors are taking on the Wall Street Shorts and people believe they're actually winning. But not so fast. It's a prime example of how people are so manipulated and controlled by media. It leads to bizarre behavior and outcomes. Always look at the fundamentals and understand what you're investing in, both in the market and in life relationships. Bad fundamentals will eventually result in negative outcomes. And there you have it. Media creates illusions and delusions. 

The Fed and other Central Banks are fighting so hard against deflation, it’s obvious that they will do anything to hold off the inevitable. Everyone is piling into a handful of stocks and high yielding debt. Pension funds are underwater. Maybe they’ll fail. The stock market can go down but who knows when. Craig was pushing the #SilverSqueeze on Friday. Physical withdrawal is the only way to deleverage the system. 100 ounces of silver per Reddit Trader is all it took. If they move on because silver becomes boring, they’ll still have their silver. eBay shut down their bullion sellers, why would they do that? Fractional reserve systems are iherently risky. All banks are bankrupt. The pricing system for precious metals is a fractional reserve system. We know in NY and London there’s at least 50 owners for each ounce. You might think you own the metal, but there’s probably 100 other people who think they own it too. As long as there’s no run, the shell game will continue. For large investors there’s a cost to owning gold and silver, storage, insurance transportation, etc. Even a 1% treasury yield looks good. That’s why they go for unallocated accounts. The problem is when the delivery failure occurs. Then it’s all over as the customers line up seeking their metal. SLV just gives you exposure to price, not actual ownership. 34 million ounces on Friday “went” into SLV. That’s 34,000 1,000 ounce bars. How much manpower would it take to deal with that? It’s all promissory notes in the end. Much better to own the physical. People are learning about the rigged system and how it really works. But squeezing the big 4 banks is much harder than squeezing Gamestop and the hedgefunds. Go over to www.TFMetalsReport.com. Get 50% off your first month’s subscription. Use the coupon code LUTZ.

First they came for Gamestop, next AMC and finally silver. Is $1000 silver even possible?

The big guys are allowed to buy and sell but the Robinhooders not so fast.

Robinhood and Melvin Capital get bailed out.

Citadel is Robinhood’s biggest customer for data. Is this kind of front running legal and should it be allowed.

Is the US becoming Venezuela?

Will the stock market keep going up because of major currency inflation?

We answer these questions and more, happy Monday!

Stock markets were mixed for the month: Dow off 2% to 29983, S&P 500 off 1.1%, Nasdaq finished up 1.4%, Russell 2000 still strong at 5%, TSX down .3% TSX.Vup another 5.4% again on cryptos and cannabis (gold stocks were down again). It was truly  VIX boosted to 33.1. Dollar up .6% to 90.5 and Euro down .8% to 121. 10 Year yield rose to 1.1%. Bitcoin went parabolic yet again up 19.2% to a record 34502. Gold off 2.6%  to 1848. Silver went up 2.4% to 26.98. PT up .5%. PD slammed for 7.5% for the month to 2160. Copper up again .7% to $3.54, we'll see what's ahead. WTI up another 7.6% to 52.20 . Brent also up 7.9% to 55.88. Natgas up slightly .8% to 2.56 per mm. Uranium still stuck went below $30 to $29.45. 

Ratios: Au/Ag 68.5 - Pt/Au .56 - Pt/Pd .58 - BRT/WTI 1.07 WT/HH 20.4 and AU/WTI still high at 35.4.

CEO Gianni Kovacevic founded CopperBank Resources Corp. (sponsor) after the 2011 euphoria ended. Gianni is a true visionary and he foresaw the eventual shift from hydrocarbon based energy to electrification. But unlike many visionaries, Gianni was determined to act and profit from his vision. He built CopperBank to maximize shareholder value in the inevitable future copper bull market. He’s been waiting a while, but now it certainly appears that everything is coming up copper. He has put together a world-class portfolio of copper properties in Nevada and Arizona. He was only interested in safe jurisdictions where mining could continue unimpeded.

Gianni besides being a doer is also a major investor in Copperbank. He and his team have been at the forefront of every capital raise. Placements have been at or near the market price. He never issues warrants; he’s determined to minimize shareholder dilution. This is an enlightened view towards shareholder value that more CEO’s should follow.

A couple of key facts about Gianni, he’s a renowned expert on incumbent energy systems and a sought-after strategist in the divestment movement, investing 10’s of thousands of hours of research and experience in the analysis of the natural resource sector. His copper markets expertise has found him on the world-wide lecture circuit and a frequent media guest. His book, My Electrician Drives a Porsche? has sold many copies and is available in multiple languages all over. And not surprisingly, Gianni is a graduate of electrical studies from The British Columbia Institute of Technology. Recently, the stock has appreciated, along with the price of copper, which is now approaching $4 per pound. Once it breaks that resistance point, there’s no telling where it will end up. Which is why we are shareholders of this an amazing opportunity. And if Gianni’s vision of selling off projects and retaining significant royalty interests plays out according to plan, Copperbank could well see outsized future gains.

https://www.copperbankcorp.com/  Tickers - CSE:CBK  --  FWB:9CM  --  OTCQX:CPPKF

Register for the upcoming live webcast (Thurs Feb 11th at 2pm ET) where Gianni Kovacevic will present on the macro fundamentals of the global copper market as well as take specific questions about CopperBank: https://attendee.gotowebinar.com/register/7729160336440286991

Student loans are going to be forgiven, all or part. The market is expected to go up this year. Will the President kill the economy? $15 minimum wage is going hit the economy at its most vulnerable. Raising taxes is also going to put a damper on things. All these policies will slow the economy and hurt the most vulnerable. It’s a proven fact that raising the minimum wage always hurts the people at the bottom. The people making the decisions are clueless as to how businesses work and what’s it’s like to make a payroll. 

Andy Schectman knew this was coming. He’s been stocking up on silver since Covid hit. Miles Franklin’s inventory is hedged daily and over the weekend. Over this weekend he sold over 90,000 ounces. He wound up effectively naked short by 35,000 ounces. Orders are flying in. This is why bullion dealers across the globe shut down. They can't afford to be net short, because Monday's Comex open could break them and put them out of business. His competitors are quoting silver eagles at over $40. This is unlike anything Andy has experienced in 30 years. He’s never seen the level and concern and fear of the people he’s been speaking with. He has product for immediate delivery. Silver Eagles are available but has no certainty of ever being able to get more. The big boys are surely way up on the line, frontrunning what is happening now. Big money is moving. Thousand ounce silver bars in London are nearly impossible to get. This is what it was like in March 2020. People are fearing the complete collapse of the system. 30 million ounces were deposited into the SLV ETF on Friday. The big traders are smelling blood in the water. They will slam the shorts. They’re long and it’s trickling down to the little guy. Buckle your seat belts. This type of demand will have an effect.