It's no surprise that Stephan Bogner advises investors to hold physical metals outside the banking system, but he also advocates mining companies keeping gold on their balance sheets and forming a cartel.
Now is the time to be brave, to buy when everyone else is selling, advises Stephan Bogner, analyst with Rockstone Research and CEO of bullion dealer Elementum International. Content to go against the grain, Bogner believes investors should be 100% invested in precious metals.
Considering the current extreme REE market fundamentals on the one hand and REE deposits like Bear Lodge on the other, we value the owners of such near-mine REE projects as high-potential take-over candidate.
This breakout and pullback took the form of a triangle out of which a thrust to the upside commenced recently. We anticipate a dynamic increase in price appreciation after rising and holding above resistance at approximately $1,800.
A bull market in resource stocks is known to be “healthy“ if the HUI outperforms the XAU, which is the case since 2003 as the HUI-XAU-ratio appreciates within the trendchannel. The bull market is anticipated to re-start strongly once current resistance has been broken.