Mayday

From the HRA Journal Issue 319,
May 1, 2020

It's all good. Highest unemployment rate since the Great Depression? Record breaking quarterly loss in GDP on the way? Looming deflation and debt defaults? Pffftt! Down markets are for losers. The Fed's got your back!

Wall St is already flirting with 3000 again only a few weeks after bottoming at 2200. The ruling narrative is that traders are "seeing past -covid-19".

Infinity and Beyond!

From the HRA Journal Issue 318,
April 7, 2020

Apologies for not getting this issue to you quicker. Things have been moving fast and I kept rewriting and updating (and, yes, lengthening) the editorial that makes up the bulk of this issue.

It's hard to deal with the current situation short form, because there are so many moving parts. 

Panic Responsibly

From the HRA Journal Issue 317,
March 10, 2020

Ugly, ugly, ugly.

That didn't take long. We went from all-time high to bear market in record time. And so far, we haven't been getting any love for gold stocks, junior or senior, even though gold is one of the best performing asset classes.

HRA is your key to uncovering and profiting from extraordinary resource shares by getting ahead of the crowd.

HRA looks for resource companies with the potential to at least double over one year based on asset or reserve growth through development of metals deposits for production or take over by larger companies. HRA also uncovers high risk/high potential exploration plays, the kind of "swing for the fences" trade that can yield returns of hundreds or even thousands of percent. You choose your comfort zone and which type of company you want to follow. Click here to view HRA’s impressive track record and you’ll understand why we believe that resource stocks should be in every portfolio.

But Aren't Commodities Dead?

No. Metals are basic necessities of modern life and the per capita use of metals rises with income levels. In the past decade several of the world's most populous countries underwent accelerated growth. While countries like China, India and Brazil are currently being impacted by recessionary forces, the changes that spurred their stronger growth are not cyclical. These secular changes occur as per capita income reaches levels that require increased infrastructure spending by government and allow for discretionary spending on things like housing. All advanced economies have gone through these high growth secular periods in the past. The difference is that never in history have so many people in the world been entering the "lower middle class" at the same time. The impact on resource use from this massive change is just beginning to be felt. Remember too that there are several other high population countries like Malaysia, Turkey, Indonesia and Pakistan that are just entering this growth phase now. Collectively, these countries have a population roughly equal to China.

Historically, these sorts of Quality of Life cycles last a full generation or more. We are a bit over 10 years into this one. There will be cyclical slowdowns within the secular trend and individual metals will underperform or outperform depending on their particular supply/demand balance. The mining sector, which we have decades of experience in, will have to struggle just to keep up many times during this trend. Economies turn much faster than metals production. In short, there are more bull runs ahead for various metals and they will start much sooner than most people think. Metals producers and explorers will go from pariahs to market darlings and the change will happen fast when it comes. It has many times before. Buying low and selling high means seeking out the right companies before the market does. HRA can help you do just that.

Latest HRA Video

 

Vizsla Resources Interviews with Eric Coffin

Watch my latest video interview with a new HRA listed company, Vizsla Resources (VZLA: TSX-V). 2020 could be an exciting year for this up and coming silver-gold junior in Mexico. Find out more from Michael Konnert, Vizsla's President & CEO. (November 2019)

HRA Testimonials

HRA is great at getting the "real" story out on resource companies by doing their due diligence and keeping on top of maps, news releases and corporate development. I highly recommend HRA...to any investor whether it be an institutional client or private investor.