The Greatest Fire Sale in History: There is a Ton of Money to be Made in This Hated Sector!
$10,000 Invested in Each of His First Two Companies Would Have Turned Into $1.8 Million!
A sector that has been overlooked by Wall Street and ignored by brokers is about to violently turn higher…
You might have a grudge against this sector, but we can now safely predict that it could be on the verge of its greatest bull run in its history.
The writing is on the wall.
I’m going to bet that you can already feel what I’m about to tell you in your stomach.
Your intuition and senses know it’s inevitable, but the day of what will potentially be the biggest score of profits seems to always find a way to be delayed…
You’ve heard about the exploding government deficits, artificially low interest rates, a ballooning national debt, a Federal Reserve with no exit strategy, and a coming crisis that could be much bigger than 2008.
In fact, you’ve probably taken some steps to prepare, but all this waiting and all the pain from holding things like gold, Bitcoin, mining shares, and even cash while the general markets have continued to melt-up and set record highs have left many investors frustrated, to say the least.
Rarely do any of us get an opportunity like this. I’ve honestly never seen a set-up this good.
What you’re about to witness in the most hated sector on Earth is a rip-roaring recovery, perhaps one of the most violent rises higher we’ve ever seen.
They are long overdue, and they have now signaled the most bullish indicator in the last 47 years!
Commodities as a whole are at their cheapest valuations relative to the S&P 500!
“If you ever thought about buying commodities, maybe you should buy them now,” says Jeffrey Gundlach, one of the few Wall Street titans who shorted the mortgage market in 2007, making a US$4 billion profit.Three years ago, Gundlach warned of an oil crash, and he was right – in 2015, he profited when oil fell 42%!
His latest forecast, where he’s putting his own money, is exactly where most investors are avoiding.
Gundlach, who manages over US$100 billion at DoubleLine Capital, said this in the past few days:
“We see a massive base building in gold. Massive. It’s a four-year, five-year base in gold… Gold is on the verge of a thousand-dollar breakout.”
We agree, and all of the indicators we follow are now screaming a major buy in gold.
I’m not talking about a short-term technical trend. What we are seeing is a major shift that could put gold over US$1,573 in just a few weeks, and much higher by the end of the year!
I want to give you a single stock suggestion as we enter this upturn.
At these price levels, I consider it extremely cheap. In fact, I think it’s unbelievably dirt cheap.
- Analysts who’ve reviewed this 40-cent gold company have given it price targets 325% higher than where it trades today.
***Echelon has a CAD$1.30 target.
***H. C. Wainwright & Co. just gave it a buy recommendation with a CAD$1.40 price target
- It offers up a thick margin of safety – just one asset has a current value of CAD$990 million!
***Its current market cap is only CAD$252 million. This is like buying dollar bills with quarters.
- It has heavy insider buying!
*** The chairman has bought millions of shares on the open market.
*** The new CEO, a former Barrick Gold executive, publicly announced that he’s dedicating his ENTIRE, first year salary to purchasing shares of this new gold company.
The chairman, by the way, doesn’t take a salary at all. Instead, he opted to receive company stock options. He’s also one of the largest single shareholders of the company!
Other big institutional insiders have taken an 18% stake in the company… along with a very large holding by a billion-dollar mining giant.
But here’s the best part: the founder and chairman of the company is an expert on building billion-dollar mining companies.
Here was his first big win, where investors could have seen a 5,600% gain!
Partnering with him on his second big venture turned out to be even more profitable for investors.
Consider Buying Shares of Keith Neumeyer’s New Gold Company: First Mining Gold (TSX: FF & US: FFMGF).
If you want to leverage gold to the upside, First Mining Gold has one of the best portfolios on the planet. Their five top-tier assets are all in eastern Canada, one of the most resource-rich and friendly mining jurisdictions on Earth.
I’ve written a detailed report on why I believe First Mining Gold is the next big company we want to own and partner with.