A message from our friends at Golden Portfolio Warren Buffett is sitting on $325 billion in cash – his largest hoard ever. Not because he wants to – but because he can’t find value in the usual places. Now, as US government spending spirals out of control, Buffett knows he’s losing billions of dollars to inflation. That’s why I predict Buffett’s next investment will catch millions of people off guard. It’s not another bank… railroad company… or more shares of Apple. It’s a gold company. How do I know? Because the math doesn’t lie: You can buy the average gold developer for $30 and get back $13 a year — That’s a 43% ROI annually. Over 10 years, that’s $130 on a $30 investment. Tell me where else Buffett can get that. But there’s one specific miner Buffett likes best: - It’s the best-managed major gold miner in the industry…
- Has massive cash flow…
- Is trading at a deep discount to fair value…
- Positioned at the heart of Trump’s new mining push…
Don’t wait for Buffett to reveal his position in his 13F filing on August 15th… Right now, you have the chance to front-run the greatest investor of all time. Go here and I’ll give you the name and ticker – along with details on my top four small miners. To your wealth, Garrett Goggin, CFA, CMT
Chief Analyst & Founder, Golden Portfolio P.S. A lot of investors write in to tell me how much they’ve made in Bitcoin. My reply? Good for you. First off, gold investing is cyclical. You really only want to own gold at one specific time in the cycle. That time is now. Second, the world’s governments are not buying Bitcoin. They’re betting on gold. All of them. Bitcoin (does anyone really know for sure the US government didn’t create it?) will be a good bet… until it isn’t. It may end up doing great. Or it may be eclipsed by any number of tech developments. Meanwhile, gold will continue to do what it’s done for almost 6,000 years of recorded human history: Protect wealth through chaos. Go here if you want the name and ticker of Buffett’s likely gold play… and details on my top four miners
Today's Bonus Article Trump offers regulatory relief for coal, iron ore and chemical industriesWritten by The Associated Press WASHINGTON (AP) — President Donald Trump is granting two years of regulatory relief to coal-fired power plants, chemical manufacturers and other polluting industries as he seeks to reverse Biden-era regulations he considers overly burdensome. Trump issued a series of proclamations late Thursday exempting a range of industries that he calls vital to national security. The proclamations cover coal-fired power plants, taconite iron ore processing facilities used to make steel, and chemical manufacturers that help produce semiconductors and medical device sterilizers. The proclamations allow the facilities to comply with Environmental Protection Agency standards that were in place before rules imposed in recent years by President Joe Biden's administration, the White House said. Trump called the Biden-era rules expensive and, in some cases, unattainable. His actions will ensure that "critical industries can continue to operate uninterrupted to support national security without incurring substantial costs,'' the White House said in a fact sheet. Trump's EPA had earlier exempted dozens of coal-fired plants from air-pollution rules for the same reasons. The EPA also offered other industrial polluters a chance for exemptions from requirements to reduce emissions of toxic chemicals such as mercury, arsenic and benzene. An electronic mailbox set up by the EPA allowed regulated companies to request a presidential exemption under the Clean Air Act to a host of Biden-era rules. Environmental groups have denounced the offer to grant exemptions, calling the new email address a "polluters' portal" that could allow hundreds of companies to evade laws meant to protect the environment and public health. Mercury exposure can cause brain damage, especially in children. Fetuses are vulnerable to birth defects via exposure in a mother's womb. Within weeks of the EPA's offer, industry groups representing hundreds of chemical and petrochemical manufacturers began seeking the blanket exemptions from federal pollution requirements. The Clean Air Act enables the president to temporarily exempt industrial sites from new rules if the technology required to meet them is not widely available and if the continued activity is in the interest of national security. John Walke, clean air director for the Natural Resources Defense Council, an environmental group, said Trump's claims about technology problems and national security concerns were "pretexts" so he could help big corporations get richer. "President Trump just signed a literal free pass for polluters,″ Walke said. "If your family lives downwind of these plants, this is going to mean more toxic chemicals in the air you breathe." In April, the EPA granted nearly 70 coal-fired power plants a two-year exemption from federal requirements to reduce emissions of toxic chemicals. A list posted on the agency's website lists 47 power providers — which operate at least 66 coal-fired plants — that are receiving exemptions from the Biden-era rules. EPA Administrator Lee Zeldin announced plans in March to roll back dozens of key environmental rules on everything from clean air to clean water and climate change. Zeldin called the planned rollbacks the "most consequential day of deregulation in American history." An Associated Press examination of the proposed rollbacks concluded that rules targeted by the EPA could prevent an estimated 30,000 deaths and save $275 billion each year they are in effect. The AP review included the agency's own prior assessments as well as a wide range of other research. In a related development, the EPA said Thursday it will give utility companies an additional year to inspect and report on contamination from toxic coal ash landfills across the country. "Today's actions provide much needed regulatory relief for the power sector and help ... unleash American energy," Zeldin said.
| 
0 Response to "[No Brainer Gold Play]: “Show me a better investment.”"
Post a Comment