The following may contain promotional content from our paid sponsors. You're Going to Love This Last week ended with gold in the immediate vicinity of breaking out from a 3-year trading range of between $1,650 and $2,050. Technical analysis experts would tell you that when an asset is creating a range of $400, the size of the breadth is the likely breakout or breakdown price gauge. --------------------------------------------------------------- IMPORTANT Before you continue reading this unique piece from him, know that I studied the Israel-Iran relationship, using [THIS REPORT](3D%3D/9304d944dee907416ebdd578d6e9a8a0?x-ew-link-index=1). Additional KEY REPORTS from Wealth Research Group - WW3 has begun (in lower orbit) – [DOWNLOAD HERE!](3D/206cc33f8bf638b02c4e1e3672b74853?x-ew-link-index=1)
- Central Bank Digital Currencies – End of Privacy! [DOWNLOAD HERE](3D%3D/893251614f843749cc756e7e06b8af1c?x-ew-link-index=1) and [Part 2 HERE!]( --------------------------------------------------------------- Said differently, if we are in a bull market breakout, gold's next likely station is $2,450 based on standard and classic patterns recognized by doing technical analysis! Courtesy: Zerohedge.com, Bloomberg I know that I've already said that U.S. GoldMining (NASDAQ: USGO) was spun off from (NYSE: GLDG) and that it retained a 79% stake in the new company, but I underestimated what has transpired in just the last couple of weeks because an additional 200,061 shares were purchased on the open market, which means that 81% of (NASDAQ: USGO) is owned by (NYSE: GLDG)! I want to underscore why this is significant information for you, so here it is: When 81% is held by one owner that only has one objective in mind (to eventually sell the business at a valuation it is comfortable with), it means that the supply of available shares is very limited. Remember that the reason Tim Smith was appointed as the company's CEO is that he played an instrumental part in selling a gold company for a CAD$520M price tag in 2016, which valued the resource at $130/ounce. Compare this with (NASDAQ: USGO)'s resource, which is currently valued at just above $10/ounce, and it’s a STARK DIFFERENCE. At the time, gold was trading for $1,200/oz! Think this through. The GDXJ index, which focuses on junior gold companies, is now trading at the same level it did in 2013! That's just another indicator of the upside potential for gold stocks, but I will show you this unmistakable chart that has only been this high on two occasions in the past (1970 and 2000), both of which were the years when gold began a DECADE-LONG bull market. Gold appreciated 2,400% in one and 800% in the other. Conduct your own due diligence on the gold sector and U.S. GoldMining (NASDAQ: USGO). Courtesy: Zerohedge.com --------------------------------------------------------------- IMPORTANT Before you continue reading this unique piece from him, know that I studied the Israel-Iran relationship, using [THIS REPORT](3D%3D/9304d944dee907416ebdd578d6e9a8a0?x-ew-link-index=2). Additional KEY REPORTS from Wealth Research Group - WW3 has begun (in lower orbit) – [DOWNLOAD HERE!](3D/206cc33f8bf638b02c4e1e3672b74853?x-ew-link-index=2)
- Central Bank Digital Currencies – End of Privacy! [DOWNLOAD HERE](3D%3D/893251614f843749cc756e7e06b8af1c?x-ew-link-index=2) and [Part 2 HERE!]( --------------------------------------------------------------- [Conduct your own due diligence](3D%3D/f7e05842b416784c325c53eb5cfd504b?x-ew-link-index=1) on the gold sector and U.S. GoldMining (NASDAQ: USGO). Best Regards, Lior Gantz
President, [WealthResearchGroup.com](3D%3D/1d7c8442ebc0a6af7892c3e81bd5efce?x-ew-link-index=1) Disclosure/Disclaimer:
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