The Golden Age of Minors

We’re about to enter a commodities supercycle. Get ready. June 27, 2024 [WEBSITE]( | [UNSUBSCRIBE]( The Golden Age of Minors SEAN RING Finance theory dictates that between 75% and 91% of all portfolio returns are because of asset class selection rather than stock selection. For this reason, we recommend commodities and commodity stocks at Paradigm Press. We believe this is the beginning of a commodity supercycle. Many of you have doubtless done well already by owning these commodities either via futures or stocks. One of the many things we’ve seen is the difference between the price of gold and gold miners. A yawning gap has opened up between the two, meaning the miners are historically cheap compared to the metal. Credit: [Visual Capitalist]( As a result, buying mining stocks is an unusually good bet. Today, I’ll go into what I’m personally holding. Please don’t feel like you have to replicate any part of my portfolio. It’s only to show you what I’ve already done rather than what you should do. Only you know your portfolio well enough to judge that. Remember that I said I was “swinging for the fences” a while back. I’m big into taking risks (especially with my silver positions). That’s very important. It’s not to everyone’s taste. Also, I’m more of a chart guy, so I’ll discuss the technical perspective more than anything else. One last thing: many of these picks are in Paradigm Press portfolios, such as Strategic Intelligence. I trust my colleagues more than anyone else. That is, I eat Paradigm Press’ cooking! Let’s get into it. Gold Miners Kinross Gold (KGC) Dan Amoss recommended selling this stock in the last Strategic Intelligence June portfolio update. It’s been in their portfolio for a long time. While locking in a 70% gain is a good thing for subscribers, I’m hanging onto this stock. I got in later (purchase price: $6.04), and I think we’re about to begin another upswing. Also, the chart is just too good-looking for me to sell it right now. Avino Silver & Gold Com NPV (ASM) This is a small miner that rates highly. Don Durrett of GoldStockData.com loves this stock, and his analyses are incredibly useful. Right now, ASM is taking a breather and consolidating before its next up leg. It just bounced off its 50-day moving average. Silver Miners First, the silver futures chart: Silver rocketed to over $32/oz. but then it cooled down. It didn’t fall off a cliff by any means. It just didn’t continue its meteoric rise. This has put a dampener on my silver mining stocks. I expect this to reverse when silver exceeds $35/oz. Right now, it’s sitting on its 50-day moving average. Hecla Mining (HL) This is one of the uglier charts, as the 50-day moving average line is declining. We should see a recovery as long as HL doesn’t fall through support at $4.70. You may view this as a buying opportunity if you're not in yet. First Majestic Silver Corp Com NPV USD (AG) Another silver stalwart, this chart needs to bounce off the 200-day moving average to retain any hope. Silvercrest (SILV) This is still a hold in the Strategic Intelligence Pro portfolio, and I agree with it. It’s only a matter of time before SILV regains its 50-day moving average. And the chart still heavily uptrends. From Dan Amoss’ commentary on SILV: SilverCrest’s financial results, reported on May 14, were excellent. SilverCrest has the balance sheet, cash flow, and track record to expand the mine’s life through further drilling programs. SILV remains an attractive play on rising silver prices. [URGENT: 5,000% Gold Trade!?]( Our top resource analyst NEVER recommends trades like this. He prefers “modest” winners that can grow your money by 100% in 60-90 days. But this #1 gold trade is simply too big to ignore. This year, while gold’s hitting new all-time highs… One sector of the gold market has remained very cheap. And it’s setting up what we call “The Ultimate Gold Trade.” [Click Here To Learn More]( Copper Miners HudBay Minerals Inc (HBM) On April 8th, I wrote that instead of buying Freeport McMoron FCX, you could buy HBM. Byron King, our Senior Geologist, said, “It's a Sturdy old company. They keep a low profile but do good work. Very efficiently run.” It’s also another company hugging its 50-day moving average before heading up again. Platinum Group Metals (PGMs) Sibanye Stillwater (SBSW) This is my one real stinker so far. It’s essentially a bet on South Africa and platinum group metals. I had hoped I caught it off the bottom, and that scenario may still play out. But right now, this position is underwater by about a buck per share. Royalty Companies Orogen Royalties Inc. (OGN.V) Orogen Royalties is a company Rick Rule recommended at the Paradigm Shift Summit 2023 in Las Vegas. When Rick recommended it, OGN.V was trading at roughly CAD 0.65. It’s now at CAD 1.11, after peaking at CAD 1.35. It just bounced off its 50-day moving average, so I expect a leg up from here, hopefully moving through 1.35 soon. Wrap Up We’ve been bullish on commodities for years, and rightfully so. But right now, the gap between commodities and stock prices is at its widest spread in 50 years. Whenever this happened, it triggered the start of a massive “supercycle” inside the commodities market that squeezed prices higher and higher. This is creating the single greatest trading setup in the market right now. To see the best way to play it, [click here](. All the best, Sean Ring Editor, Rude Awakening X (formerly Twitter): [@seaniechaos]( P.S. Gold has SMASHED one new all-time high after the next in 2024. And yet, as shocking as itmay seem, it can still go a lot higher. We’ve found what we consider to be [“The Ultimate Gold Trade.”]( It has to do with a little-known gold mining stock that has a long history of outperforming gold when prices heat up. Rate this email Like Dislike Thanks for rating this content! Looks like something went wrong. Please try to rate again. In Case You Missed It… You, The Hunted SEAN RING There you are, minding your own business. It’s a sunny day, and the kids are home. You decide to spend some quality time with them while catching some rays. You inhale deeply through your nose, imbibing the fragrant scents of your flower garden. You exhale mightily, releasing all the negative energy. Then, you walk over to your freezer to take out the hot dogs and hamburgers you plan to barbecue for a big lunch. You tell your wife not to worry about dinner. Lunch will be so big she won’t need to cook dinner. Days like this are special. But what makes them even better is that it’s a weekday. You like relaxing in the middle of a workweek. You don’t want to waste a minute of it. You run upstairs, get on your swimming trunks, and walk downstairs. You pick up the newspaper, look at it, and then put it back down. “Today is a book day,” you think to yourself. You get your favorite float and gently place it in the swimming pool. The kids, the teenagers they are, won’t be up for another hour or two. So you’ve got time to escape. It’s been a long time since you’ve read The Hunt For Red October, so you’re quietly excited. You’re about to gingerly plop your butt on the float, and then… BUZZ! “Who can that be?” you think to yourself as you get out of the pool, annoyed, wipe yourself down and hurry to the front door. It must be Amazon or something…” You open the door and look into the standard-issue government sunglasses. Your brow furrows. The sunglasses, obligatory American flag lapel pin, rolled-up khakis over burgundy penny loafers, striped tie, and short-sleeved white dress shirt can mean only one thing. As the bile rises in your throat, the gentleman – and I use that term loosely – says, “Good morning, Sir. My name is Ebeneezer Marley, and I’m with the IRS. We have reason to believe that you underpaid your taxes last year by some distance. May I come in?” You’d rather stick your fist in his face, but you inhale, calm yourself, and invite the agent in, all while knowing your day is ruined. As Reported in 2021… You don’t hire 88,000 IRS agents to go after rich people. You hire that many to go after the gig economy workers, freelancers, and the middle class. From a Rude edition titled “[Terraforming America With Your Tax Dollars]( way back in 2021, I wrote: Under this new plan, banks and other payment providers would be required to tell the IRS how much money came into and out of individuals' and businesses’ accounts each year, going far beyond the existing reporting of interest income. If this doesn't give you the willies, I don’t know what will. Not only that, but the IRS would increase its enforcement staff by 15%. Allegedly, the plan would collect roughly $700 billion over ten years that would be otherwise uncollected. Three years later, the disaster is even worse than I thought it would be. [Urgent Publisher Warning]( Hi, I’m Matt Insley. I’m the Publisher at Paradigm Press. Today, I have [bad news to share]( regarding the future of Jim Rickards’ newsletter. [Click here now for my announcement.]( What’s Happening Now? According to Martin Armstrong of [Armstrong Economics]( (bolds mine): The government has become desperate for funding, seeking out money from their own citizens through taxation. Not only have they raised taxes for every bracket, but the IRS managed to squeeze more money out of Americans through audits for fiscal year 2023 than any year on record. In fact, the IRS shook down Americans for an additional $7 billion in tax penalties alone – a 300% increase from FY22. Armstrong went further: The average penalty for underestimating taxes was around $150 in 2022. This year, the average penalty was around $500. The IRS also ramped up its campaign to fine anyone who missed the tax deadline. Late payment fees increased to $485 or 100% of the tax owed if that amount is less. The penalty for underpayment rose in the past year from 3% to 8%. There is no grace for those who cannot afford to pay their due amount, as the IRS charges interest on all payments that are not made in full. Those who intentionally disregarded their payments faced a $630 penalty or 10% of the amount owed. In the movie Wall Street, Charlie Sheen’s character Bud Fox joked, “I'm tapped out. American Express has got a hitman looking for me.” This time, it looks like the USG has real hitmen looking for anyone who’s even slightly late. What Can You Do? Here’s a few simple steps you can take to protect yourself from All The President’s Agents: Seek Professional Help: Even if your tax situation is simple, it’s wise to seek advice from a certified public accountant or a tax attorney. They know what you can deduct and what you can’t. It’s worth paying the fee to learn how to become more tax-efficient. Stay Organized: Keep accurate records of your income, deductions, and credits. Maintain all necessary documents, such as receipts, invoices, and forms, for at least seven years. Even if you start today, you can use your phone’s camera to take pictures of your receipts. I use FreshBooks and take photos of my receipts so my accountant can see them immediately. File Accurately: If you hire a tax professional, they’ll take care of this for you. They will ensure your tax returns are complete and correct. This gives you a big layer of protection. Meet Deadlines: Again, a tax professional will file your tax returns and remind you to make payments on time to avoid penalties and interest. Understand Your Rights: Familiarize yourself with the Taxpayer Bill of Rights, which includes the right to be informed, the right to quality service, and the right to challenge the IRS's position and be heard. But if you hire a tax professional, this won’t be an issue. Wrap Up The IRS has put a big target on everyone’s back. No one is immune. But with a few simple steps, you can immunize yourself from any of their nonsense. The tax code is so complex these days that it’s always worth hiring a professional to guide you to safety. In the meantime, get organized so you can answer any questions the tax professional may have so he can do his job properly. Stay safe out there. All the best, Sean Ring Editor, Rude Awakening Twitter: [@seaniechaos]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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