Epstein Research (free investment articles)

In case one hasn’t noticed!, gold (“ Au “) is   +84%   in the past year, and silver  +252% .  Therefore, many precious metal juniors, developers & producers have soared above their 52-week lows  (see table, 20 Au players up  1,000%+ ,  C$50M   minimum market cap). Bank of America  just upped its Au price forecast to  US$6,000   this Spring, as did  SocGen  (by end of year) . Several people like  Pierre Lassonde, Jamie Dimon  &  Ed Yardeni  think  meaningfully higher later this decade. Anything north of  $4,000   is icing on the Au cake! On average, producers are printing ~ $3,500/oz  above their AISCs!, with no end it sight. They’ve paid off debt, and are buying back shares. The only thing left is to make acquisitions. Some companies, like  Fortune Bay Corp .  (TSX-v: FOR) / (OTCQB: FTBYF), remain significantly undervalued vs. peers  (down 27% from its 52-week ...

  In the past year, all anyone talked about has been silver & gold. Yet this year the copper (“Cu”) price is making a big move, albeit not as much as precious metals. Cu is +52% in the past year. As I write this sentence, the COMEX near-month futures price is $6.57/lb., equal to $14,484/tonne. Today’s price is an ATH. Why is Cu soaring? Rising demand for real assets as geopolitical & trade uncertainties accelerate, and a sudden drop in the US$ exchange rate. Long-term supply NEVER surprises to the upside, and near-term supply ONLY surprises to the down-side. For decades Cu consumption rose by +2.0-2.5%/yr. Then, a few years ago, data centers/AI & EVs changed the narrative to +3.0%/yr growth going forward. Also needing immense & growing quantities of Cu are; consumer electronics, appliances, tools, drones, robots, new & refurbished electrical grids, plus renewable energy plants. Military demand is strong as Europe, China & the U.S. increase spending on high-t...