August 20, 2024 - The Gold Advisor

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The Fuse for Juniors Has Been Lit! Cash Flow for Producers Jumps in Q2

-Jeff Clark, TheGoldAdvisor.com

I’m calling it. The countdown to when money starts flowing into the junior stocks has begun.

I hate making predictions, and I’m not saying it’s imminent, but in my opinion the fuse for what will drive investors into our sector has been lit.

There are lots of reasons one could come to this conclusion. A relentlessly rising gold price. The Fed cutting interest rates. Recession, stock market decline, monetary easing. In my opinion all those things will come. But the fuse has been lit by another factor, based on a table you gotta see…

The average gold price in Q2 this year was $2,337.98. It averaged $1977.84 in Q2 a year ago. That’s an increase of $360.14, or 18.2%, over 12 months. That’s a significant gain in 12 months for what is essentially a static metal.

And it had a significant bearing on the profits of producing companies. Inflation had been rising of course but had begun to plateau and was already figured into costs. So, the higher gold price went directly to the bottom line.

We tracked six large gold producers and documented what happened to their earnings and free cash flow

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The guidance from the newsletters is truly priceless. I began my journey with the Gold Advisor two years ago and I can tell you that the realized gains this year have been very substantial and I believe the best is yet to come when the market gains recognition from the retail investors. If it were not for the bundled subscription I would not know where to begin this investing journey. I also found reading Jeff’s book “Paydirt” to be very helpful in gaining a understanding of the mining and metals industry.

– Larry F

Hi Folks, I would like to thank you for your great service. Learned a lot with your book and newsletters. Also your stock picks have been great on profit and really appreciate the detailed updates on the companies. Also appreciate you mentioning when to get out of a position or take some profits, and that is most appreciated.

– Scott C.

I would like to say thank you for what you and your team do. I am sure that a lot of big wigs talk and follow you as they should but you are making a difference to us regular joe’s as well. That means something to people like us and we thank you for that!

– M.D

By the way you (Peter) are one of three persons who I owe them a big big thanks for their systematic approach , transparency great analysis and great forecast for future.

– Firas A-H

I loved your book, Jeff. Well done. I have been a stacker for ten years now and only started the mining stocks the past year and why I enjoyed your book. Peter’s Silver Bull was also great as well. My son and I follow you all and your podcasts. Thanks again.

– Nick B

I’ve enjoyed the Silver Stock Investor and Paydirt subscription. Since coming on board a couple months ago, I’ve challenged myself to do my own research on Gold and Silver Junior Miners that I want to own for 5 to 10 years and compare my findings to your letter. I’ve looked at over 30 companies and explored their properties, financials and management teams. It was all a waste of time! The eight companies that I found very attractive are all recommended in your portfolios. Thank you for making great suggestions. I will have confidence in what you publish going forward.

– Eric B.

Thanks so much and I really appreciate your coverage of things. I’m starting to make some real money and you/Jeff Clark are big reasons why. Sincerely and with thanks,

– Jeff D

Hi Jeff, It’s been about four years since our last contact when you were with Mike. I have stuck with your resolve over this time in that gold and silver were the future in wealth creation. Thanks to you I will be able to retire. When time avails I shall seek your audience to thank you personally. With all my gratitude,

– Dave C

I have followed Jeff for a very long time now and his working criteria means that we investors have a far greater chance of success. If there is any better advice than Jeff’s anywhere, then please tell who it is.

– Michael S.

Greetings from the Netherlands. I just wanted to tell you I really like your content. It greatly helped me become a better PM mining investor. Please send this message to your team.

– Laurens