" The gold bugs are coming out of the woodworks "
Videos worth a listen every minutes of them:
Two videos on a T/A perspective, a bit dated but worth a listen. An important short term target for the spot price of gold is to get to & close above $1360 to $1365 range which should be very bullish, all good for royalty streamers.
https://www.youtube.com/watch?v=eXmVFi67Kig+
This will be an epic second leg run of this long term secular gold bull that started back in 1999. Long term secular bulls can last up to 25 to 30 years with bumps along the road which we are just finishing a consolidation period some will call it a bear period that started in mid 2013 bouncing around in a range between of $1370 Aug 21, 2013 to it's low on Nov 30, 2015 at $1066 now moving back up since that low with higher lows but bumping it's head 3 times in that $1340 to $1350 range resistance that should be broken & held in a week or two in my T/A estimates, see gold chart link below. Some can do some research on the secular bulls but the euphoria phase is still a ways out.
https://www.youtube.com/watch?v=TGA28bQ8zCQ+
https://goldprice.org/gold-price-chart.html
It's important that Metalla closes some deals in the not to distant future as stated by E.B Tucker's last Kitco interview, they know the gold bull will be charging hard & fast as he still maintains a gold target price of $1500 by year end, I think it will be more than that my call $1605 by year end for starters or there about since Jan is usually the best monthly uptick for gold (see gold chart link below) & that could happen much sooner than we think, what can I say I'm a gold bug since 2000.
https://goldprice.org/gold-price-chart.html
Listen to E.B. Tucker's comments at 6:38 " were going to try to grab as many gold royalties as possible before gold takes off, once gold takes off I predict it will be very hard to buy these royalties, right now were having a pretty easy time buying them we have a full pipeline the deals are happening very quickly & we have an excellent team...... "
Why is Rick Rule & Doug Casey investing in Metalla ?
With each players holding 1% of the company which is about 1.4 million shares each, see Corporate Presentation page 7, they're putting their money where their mouths are & these guys are pros always looking for 10 baggers or more. It won't happen overnight but these guys know we are just starting another run in this gold bull.
Rick is probably the best known gold investor over the last 40 years, a least he's one of the best out there that I've been following since 2000, follow the smart money as the saying goes. He also talks about silver which as always been a lager to gold's spot price rise but once it gets going silver will go up at a much faster pace on a comparable % basis to gold which is all good for Metalla since their immediate streaming money comes from silver producers, they will have 2 gold & silver streamers that should come on line in the second half of 2019.
https://www.metallaroyalty.com/presentations/
https://www.youtube.com/watch?v=JX1vcE1ZWxk+
Why is Jaime Carrasco at Canaccord also bullish on streamers ?
He's another gold bug that I also follow since he's a regular guess on BNN Market Call. Recently he made Metalla as one of his top picks the last time he was on, he's putting some of his own money in the company right where his mouth is.
https://www.bnnbloomberg.ca/market-call-tonight/jaime-carrasco-s-top-picks~1699189
Why are BNN Market Call guess taking more & more calls on gold over the last 6 or 7 months or so along with many more comments about gold on BNN ?
They're getting in before the heard is where we will have the biggest returns on our investments !
Remember all those gold bug gurus out there all talk to each another & they follow each another in their investments.
All the best to all & as always always do your own due diligence,
Ti-Butch
