Tom Beck, editor of Portfolio Wealth Global, says
if he's learned one thing in the markets, it is that Jim Rogers never misses
a big long-term investment thesis, and that Rogers has basically told
investors to "forget China, buy Russia."
Jim Rogers first visited Russia in 1966 and was pessimistic for almost
five decades, but he now sees Russia's vast natural resources (it's the
world's largest petroleum producer) and that it is not a significant debtor
nation.
The global economy is in deep trouble, more than any other time in this
75-year debt cycle, and I am, for the first time, making big bets with
commodities�specifically precious metals and gold stocks.
Rogers is long the ruble and Russian markets. "I was bullish on
Russia before Trump came along with his positive comments," he says, but
I think he is bullish because of this chart.
He has been buying gold on dips, but I've read all of Rogers' books over
the years, and I think the reason he is all over Russia is because it is not
Trump's major enemy in the trade war.
A more aggressive stimulus plan is going to embark this year, and I
wouldn't be surprised to see central banks using their lawful loopholes to
create "direct injection" programs for the U.S. economy.
A country that adds gold reserves to their system will thrive in this
inflationary environment much better than countries that dump gold and buy
dollars and Treasuries.
This is why, on top of high-yield,
under-the-radar investments, I am following Jim Rogers into Central
Asia�specifically with regards to gold.
Gold miners are going through a tough cycle because they can't find new
deposits easily, but that's not the whole story.
The big miners, the behemoths, have become profitable for the first time
in years.
This is a major turning point.
What they are after now are acquisitions!
Their assets are depleting, and they will look to make major takeovers of
juniors�that's much easier than finding new deposits.
Yellen, Draghi, Bernanke and all the people who think that wearing a suit
makes them smart (we call them liars) are buying gold�yes, central banks are
the major driving force behind gold demand.
I have seen only one national central bank, though, that is openly
encouraging its citizens to buy gold. This is Kyrgyzstan's Tolkunbek
Abdygulov, who told the citizens that his dream is to turn the former Soviet
Union member into "a nation of savers."
Because Kyrgyzstan has some of the best gold mines in the world, and
because they are so friendly to gold, the next major takeover can come from
there, and these large-cap "eating up" junior deals have
historically made investors a fortune.
That's why this new gold stock, which just commenced trading on the
31st of March, is Portfolio Wealth Global's No. 1 company for immediate
gains, and it's completely under the radar!
Jim Rogers loves Russia because he knows their equipment during the
communistic era was primitive and that a new
company drilling historical Soviet holes�which already have 900,000
ounces of high-grade gold estimates�can reveal overnight that the
mineralization is much larger with modern technology!
This generational discrepancy between Soviet era mentality and modern-day
Russia is what I think Jim Rogers is fascinated with in general, and the company
Portfolio Wealth Global discovered is using that opportunity in Kyrgyzstan
now.
Tom Beck is senior editor of Portfolio Wealth Global.
Known as one of the first millennial millionaires in the United States, Beck
is a relentless idea machine. After retiring two years ago at age 33, he's
officially come out of retirement to head up Portfolio Wealth Global. He
brings a vision of setting a new record for millionaires with his seven-year
plan to accelerate any subscribers' net worth who will commit to the income
lifestyle. Beck delivers new ideas on the marketplace that were once only
available to the rich. Traveling the world, he's invested in over a dozen
countries, including real estate.
Disclosures:
1) Tom Beck: I, or members of my immediate household or family, own shares of
the following companies referred to in this article: None. I personally am,
or members of my immediate household or family are, paid by the following
companies referred to in this article: None. My company has a financial
relationship with the following companies referred to in this article:
Kenadyr Mining Corp. I determined which companies would be included in this
article based on my research and understanding of the sector.
2) The following companies mentioned in this article are sponsors of
Streetwise Reports: None. Streetwise Reports does not accept stock in
exchange for its services. Click here
for important disclosures about sponsor's fees. The information provided
above is for informational purposes only and is not a recommendation to buy
or sell any security.
3) Comments and opinions expressed are those of the specific experts and not
of Streetwise Reports or its officers.
4) The article does not constitute investment advice. Each reader is
encouraged to consult with his or her individual financial professional and
any action a reader takes as a result of information presented here is his or
her own responsibility. By opening this page, each reader accepts and agrees
to Streetwise Reports' terms of use and full legal disclaimer.
This article is not a solicitation for investment. Streetwise Reports does
not render general or specific investment advice and the information on
Streetwise Reports should not be considered a recommendation to buy or sell
any security. Streetwise Reports does not endorse or recommend the business,
products, services or securities of any company mentioned on Streetwise
Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers,
employees or members of their families, as well as persons interviewed for
articles and interviews on the site, may have a long or short position in
securities mentioned. Directors, officers, employees or members of their
families are prohibited from making purchases and/or sales of those
securities in the open market or otherwise during the up-to-four-week
interval from the time of the interview or article until after it publishes.
Charts courtesy of the author