Freegold Forum

Willem Middelkoop interviewed by David Lin - Kitco (2nd part)

The commodity cycle is currently at a 100-year low when compared to the S&P 500, according to Willem Middelkoop, founder of the Commodity Discovery Fund.



“When you can enter a market as an investor at the 100-year low valuation, you know you’re buying near the bottom,” Middelkoop said. “We’ve seen a strong rise of gold. Gold often moves sooner in a recovery than the broader commodity market, so I expect the broader commodity market to recover in the next few years. They will benefit from all the money being printed. I think the new Administration [in the White House] will start to invest a lot in infrastructure.”

The Commodity Discovery Fund focuses on exploration companies around the world. The fund is up 60% year to date, having expanded its assets under management from $50 million to $150 million since March.

https://www.youtube.com/watch?v=whC74vttOVc

Since a couple of months, Daniela Cambone -former anchor woman of Kitco- is back, now working for Stansberry Research. I'm adding two video sequences here of her interviewing former congressman Ron Paul (a long term advocate for 'sound money')

In Part 1 of this exclusive interview with our Daniela Cambone, former congressman Dr. Ron Paul discusses the possibility of a Bretton Woods Reset backed by cryptocurrencies. He also shares insights into a personal conversation he had with former Federal Reserve Chair Ben Bernanke on gold. Paul gets candid about why he feels the government will continue to manipulate the gold price and how a return to a gold standard never had a fair chance.


https://www.youtube.com/watch?v=zpxzjZvZuaY

In Part 2 of his exclusive interview with Daniela Cambone, former congressman Ron Paul addresses the economic toll the pandemic has taken on the economy— and how it will ultimately kill the US dollar, which will likely be overtaken by China's yuan. He also talks about the current frothiness in U.S. equities and why the Fed-fueled party won't last forever, leading to a massive correction.


https://www.youtube.com/watch?v=I_ZnyXqjbFU

Avoid these investing mistakes or you will be a ‘victim’. From 'diworsification' to a superb focus :
Gold investors are prone to making common mistakes that can be detrimental to a portfolio, including excessive diversification, picking companies that don’t adhere to an investment objective, and not sticking with management teams with proven track records, said Rick Rule, president of Sprott U.S.

“If I had just hung out with the Ross Beaty's, the Bob Quartermain's, the Robert Friedland's, the Lukas Lundin's, all of them I’ve done business with, by the time I was 35 and not bothered with the rest of the universe, I would have worked less hard and made more money,” Rule said.


https://www.youtube.com/watch?v=p_ABDbvTZ04

Short content:
0:00​ - Common investing mistakes
6:04​ - How to pick the top 10% of gold stocks
9:01​ - Investing mistakes Rick Rule regrets
13:50​ - New demographics of gold bugs


Gold’s only ‘threat’ is this asset; faces 'existential crisis' says Rick Rule


https://www.youtube.com/watch?v=CE45P1GfT2A

The broad equities index remains the only “threat” to gold and gold investors, said Rick Rule, president of Sprott U.S.
The “existential crisis” facing the gold sector comes from the lack of exploration activity from miners.

Short content:
0:00​ - Gold miners: still overbought?
5:13​ - Gold's role for investors
8:39​ - Gold's threat

Vancouver Resources Investment Conference: VRIC -2021 : completely virtual and on-line, as expected. Yet you also can listen to all contributions on the above URL.