Is Gold Building a Base for Something Big?

Jeff Clark visits as a guest for the first time this week on the radio program while Brian Groves and Chen Lin return. Michael Oliver is on jury duty this week and as such he is unavailable.

Global demand for physical gold from both the private sector and central banks is increasing while at the same time production from the mines is in decline. With those fundamentals in place, what could possibly stop 2018 from being an even better year for gold than 2017.  Jeff opines on that and other issues.

Brian will return to talk about the progress being made by Genesis Metals to respond to the demand for gold. We will ask Brian to talk about what the latest exploration results mean in his company’s quest to outline a major gold deposit in Quebec. Genesis Metals shares have declined in the midst of year-end tax loss selling. Might this be a great time to pick up some of those low priced shares?

Chen Lin shares the name of an oil and gas stock that he thinks has a similar upside to what Novo Resources achieved in 2017. Your host provides some of his thoughts on his favorite gold stocks including Novo Resources.

An accomplished analyst, author, and speaker, Jeff Clark is a globally recognized authority on precious metals. The son of an award-winning gold panner, with family-owned mining claims in California, Arizona, and Nevada, Jeff has deep roots in the industry. An active investor, with a love of writing, Jeff eventually became a mining industry analyst, including 10 years as senior editor for the world-renowned publication BIG GOLD. Jeff has been a regular conference speaker, including at Cambridge House and Sprott Resources events, the Silver Summit, and many others. He currently serves on the board at Strategic Wealth Preservation, a bullion storage facility in Grand Cayman, and provides analysis and market commentary for GoldSilver.com.

Brian Groves, CEO and Director of Genesis Metals Corp., has over 30 years of experience in Australia and Canadian mining and exploration. He has been involved in exploration for coal, gold, diamonds and base metals with AMAX Minerals, Noranda and Placer Dome. Since 2003, Mr. Groves served as chief executive officer of two TSX Venture Exchange-listed exploration companies and now is a director of two TSX Venture Exchange-listed companies. He has valuable experience in corporate strategy, capital markets, and project development and permitting.

Chen Lin had been a doctoral candidate in aeronautical engineering at Princeton. However, Chen found his investment strategies were so profitable that he put his Ph.D. on the back burner to devote full time to private investing and writing a newsletter titled “What is Chen Buying? What is Chen Selling?”  Chen’s track record has been phenomenal!  In one account we track in which he used no leverage, he was able to grow $5,411 starting in 2002 to over $2.2 million by the end of 2012.  You can visit his website at http://chenpicks.com/