Wealthion, Released on 3/22/22

The price of gold hit an intra-day record high of $2,078.80/oz two weeks ago. Though the price has since retreated to $1,925/oz, GoldSilver.com’s precious metals analyst Jeff Clark says that’s just a healthy retracement and that he expects new record highs ahead. One reason for that is because M&A activity is finally heating back up in the gold mining sector. After many years of underinvestment, the sector is now starved of available supply right as demand is rising. It takes a long time for the “major” mining companies to bring new mines into production, so it’s much faster for them to simply purchase smaller players with proven projects already underway. And even non-mining companies are getting into the action, as evidenced by the recent surprise purchase of Hycroft Mining by meme stock darling AMC Theaters.

Jeff Clark is editor and lead writer of BIG GOLD, the monthly gold-investment newsletter from Doug Casey’s Casey Research. He is also the Senior Precious Metals Analyst at GoldSilver.com. Having worked on his family’s gold claims in California and Arizona, and analyzing the big trends in gold’s bull market, Jeff and his team aim to highlight safe and profitable ways for the prudent investor to capitalize on today’s long-term rise.

Adam Taggart is the Founder of Wealthion. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.

  amc, gold, hycroft, jeff clark