Categories: General Market Commentary
Topics: General Market Commentary

A National Emergency in the Mining Industry

BY: NICK HODGE

Sideways action for gold over the past week as it continues to oscillate at the $1,900/oz level. It remains in a bullish trend and that price will allow cash flows at the big producers to grow, leading to increased dividends and more consolidation. 

Copper deserves some attention, now back over $3.00/lb. for the past week. An electric future funded by trillions of stimulus dollars is going to need a few pounds of that. And, like gold, future supply sorely needs secured. 

Same with the strategic metals that will be needed. And that means everything from nickel to neodymium. Both the U.S. and Europe have made moves recently to secure their access to, and produce more of, the raw materials needed for defense and battery applications. 

President Trump signed an executive order that declares a national emergency in the mining industry, and directs the Interior Department to explore hastening the development of mines. The European Commission warned its member-states in August that shortages of the necessary elements could threaten their climate goals in coming years. 

Good timing, then, to be looking for a place to produce rare earths in the U.S. (Medallion Resources). Or to be drilling a large copper-gold deposit in Peru (Regulus Resources).

Other big news in the past week is that I (Nick Hodge) have joined Gerardo Del Real and Mike Fagan here at Resource Stock Digest. 

Many more exciting developments are on the way, but for now what you need to know is that most of our premium research letters are now up and running. 

Gerardo is running Junior Resource Monthly and Junior Resource Trader (coming this week). 

Mike, as you know, has been running Hard Asset Digest with contributions from Rick Rule, Brent Cook, Van Simmons, Jeff Phillips, and James Dines. And we also just debuted Mike Fagan’s Precious Portfolio. More info on all that here. 

And I have launched the Hodge Family Office with three branches: 

Please don’t hesitate to reach out with questions, especially if you’re a former subscriber. We’d love to hear from you and look forward to earning your membership again. 

Stay tuned for more announcements.

Call it like you see it, 

Nick Hodge
Publisher, Resource Stock Digest

Nick Hodge is the co-owner and publisher of Resource Stock Digest. He's also the founder of Hodge Family Office, the umbrella organization for his three premium services: Foundational Profits, Family Office Advantage, and Family Office Manager.  He specializes in private placements and speculatons in early stage ventures, and has raised tens of millions of dollars of investment capital for resource, energy, cannabis, and medical technology companies. Co-author of two best-selling investment books, including Energy Investing for Dummies, his insights have been shared on news programs and in magazines and newspapers around the world.

*Follow Nick on Twitter.