Louis James: A Golden Runway in Junior Resource Stocks
Louis discusses in depth his discovery of a golden runway, how there are low risk and highly predictable ways to speculate on specific resource companies. Particularly those that are explorers and are moving to become a new producer, share prices takeoff just as they build their first mine and can make for spectacular gains.
He discusses the election situation in France where the alternate candidate Marine Le Pen has been doing quite well as she has made it to the final round, he warns that the actual results are still up in the air. It could be a situation similar to what happened between Trump and Hillary. When markets react to something like it’s a certainty, when it’s not, that is when contrarian’s can come out ahead.
Louis feels that gold investing is the right call as we have turned the corner and it’s onwards and upwards from here. When gold takes out $1400 a lot of the bears will quiet down. Now is the time to get in near the ground floor, while we still in the initial stages of a major bull run that will put 2011 to shame.
Talking Points From This Week’s Episode:
• Election results in France are not yet a certainty.
• Very bullish on gold and resource stocks, beginning of the next bull run.
• His findings of a previously undiscovered pattern in exploration companies transitioning to development, and the potential massive gains to be found.
Louis James’ background in physics, economics, and technical writing prepared him well for his role as managing editor of the International Speculator and Casey Investment Alert. Like Doug Casey, Louis constantly travels the world, visiting highly prospective geological targets, grilling management and company geologists, and interviewing natives in a variety of languages to find out what they really think (he’s fluent in French and Spanish, and speaks a little German and Russian).
Whether it’s days of back-to-back meetings with mining company executives in Vancouver, pounding on rocks in the Democratic Republic of the Congo, examining drill core in Argentina, or eating food with names he can’t pronounce with local miners in China, Louis is constantly looking for the next double-your-money winner.