Rusty writes for Investor’s Daily Edge. Since 1993, Dr. McDougal has focused almost exclusively on gold, silver and resource investing. He has a particular affinity for silver and has studied virtually everything available on the topic since 1994. Today, Dr. McDougal’s personal portfolio is a virtual mutual fund of natural resource exploration and development companies.
The market is throwing away resource stocks amid panic on Wall Street.”You’d think the world will never again need gold, silver, platinum, oil, natural gas, uranium, copper, lead or zinc,” says Russell McDougal at Investor’s Daily Edge.
The old adage “the time to buy is when blood is running in the streets” remains true, however.
Russell says the stock shakeout provides a great opportunity for savvy investors. He recommends buying up quality resource stocks now and holding them for long-term profits.
You know by now I write a lot about the US dollar and its ongoing abuse. I just lost a friendly bet regarding the dollar. It was trading around 73 this summer and I brashly stated it would see 60 before 80. Brashness is seldom a good idea.
Will the Amero, representing, a single currency for the US, Canada and Mexico come into fruition? It would not surprise me in the least. The dollar based monetary system is aging and extremely fragile. Change is in the air and it’s best to be prepared for it.
Russell McDougal at Investor’s Daily Edge says there is too much dollar-based debt that can’t be paid back for the buck to survive in its present form. Another Nixonian dollar default is coming, this time via hyperinflation. And the same people who have sentenced the greenback to death will be launching its replacement, the Amero.
Canada, the U.S. and Mexico are destined to be one more major currency block, under the proposed Amero. Russell McDougal in Investor’s Daily Edge says it’s a plan cooked up by elitists. And it’s only one step away from the loss of national sovereignty…
I recently spent 18 days in China. Does that make me an expert? Hardly. Their culture has been around for 6,000 years. Only a partial snapshot in the present time could realistically be garnished.
Russell McDougal at Investor’s Daily Edge says there are extraordinary investment opportunities in the resource sector now.
There is a huge disconnect between commodities prices and resource-sector stocks. Even though the price of oil, gold and other resources have risen sharply in the last year, mining stocks are in turmoil.
With all fundamentals pointing to a sustained commodity bull market, Russell says now is the perfect time to buy into quality resource companies at bargain prices…
If US citizens were not entirely asleep at the wheel, there would be a massive outcry over the government’s bailout of Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE), says Russell McDougal in Investor’s Daily Edge.
The financial elite would bear the brunt of their greed, the Fed would be banished and American taxpayers wouldn’t be saddled with cleaning up the whole mess.
This isn’t going to happen. The reality is the dollar will bare the brunt of the carnage, says Russell, as the feds crank up the printing press to maximum speed - ruining the livelihoods of US citizens in the process…
The spot price of uranium has likely seen its low at a recent $57 and uranium stocks are cheap and unloved.
This sets up a great contrarian investment play, says Russell McDougal in Investor’s Daily Edge.
Russell says uranium stocks are oversold. But there are extraordinarily strong global fundamentals behind the uranium market.
If you are looking to take positions in tomorrow’s bull market… uranium stocks more than qualify.