Editor’s note: In today’s year end issue, you’ll find three big investment ides we wrote about in 2018. But this is no bland “retrospective” list. These ideas could make you a fortune in 2019 and beyond. We hope you and your family have a great holiday season and wish you a healthy and prosperous New Year.
Idea #1: The Commonwealth Takeover and Rise of Gold Stocks
Gold is up 8% in the last 6 months and many gold stocks – especially Australian companies – are up hundreds of percent.
For the first time in two decades of keeping track, Australian mining financings have been greater than the Canadian mining financings on the TSX/TSXV.
Many Australian gold stocks are on a tear because of the currency exchange. Over the past few years, the Australian dollar has depreciated significantly relative to the U.S. dollar. This created a windfall for Australian gold producers, who have seen domestic gold prices rise faster than domestic production costs. The result was a huge increase in free cash flow for the Aussies.
We can see several Australian gold producers look to takeover some of their weaker Canadian counterparts. It could become a buying frenzy. Now is the time for them to go shopping – read the full story here.
With Gold knocking on the door to $1,300 and beyond in these volatile markets, 2019 could be the springboard year gold speculators have been waiting for. Marin has millions of dollars invested in the sector and is placing big bets on a handful of companies.