Why Gold Is A Sure Thing In 2017 (SPONSORED POST)

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

As Trump sets out to ‘make America great again’, gold is back on everyone’s radar, gaining on widespread uncertainty and promises of high-level inflationary infrastructure spending. For our favorite precious metal, this is a euphoric time. Gold is great again, and all-American gold—even better.

The world’s hottest mining belt right now is the U.S. state of Montana. With gold futures up 10 percent and spot prices up almost 7.5 percent in the first quarter, history is preparing to repeat itself with another gold rush.

And while the ‘Wild West’ itself has been tamed since the last gold rush, there will be nothing tame about Montana gold. The state is home to one of the world’s biggest metals bonanzas, and its Silver Star Mining District is a gold belt with massive historic Gold Rush infrastructure and what Broadway Gold Mining Ltd. (TSX-V:BRD; OTCQB:BDWYF) is eyeing as some of the most lucratively underexplored and underexploited gold territory in the world.

The Broadway dream team gets it—this is a smart move on pure American gold. But so does China. In this race to stake new claims in Montana, there is growing concern that China may get too much of a foothold here for the national security interest to stomach.

Montana will be thanking Trump for his phenomenal effect on gold. Gold thrives on chaos, and even the slight possibility of impeachment keeps gold prices up. But gold is now good in any scenario. If he remains in office, Trump will pursue highly inflationary policies, and while gold loves chaos first and foremost, inflation is its mistress.

Gold stocks are loving this. By mid-February this year, the market’s largest gold stocks saw double-digit gains. Freeport-McMoRan (NYSE:FCX), up 21 percent in January, sold an impressive 1.1 million ounces of gold in 2016 and produced a whopping 4.65 billion ounces of copper. Kinross Gold (NYSE:KGC) was up more than 18 percent in the first month of 2017, and Sibanye Gold (NYSE:SBGL), also up, reported a fivefold increase in earnings. B2Gold (NYSEMKT:BTG ) was also up 21 percent in January.

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Charles Howard 3 years ago Member's comment

Thanks for the info on #Broadways. $BDWYF looks to be an interest play. #gold $gld

Barry Hochhauser 3 years ago Member's comment

#Gold always does well in uncertain times and there's never been a more "uncertain" president than #Trump!

Craig Newman 3 years ago Member's comment

Enjoyed this, thanks.

Gary Tanashian 3 years ago Contributor's comment

Also, IMO, the gold stock play is not so much about inflation as it is the unwinding of inflation. Although copper would obviously be an inflation play. Problem there is copper has massive resistance at USD 2.90 to 3/lb.

Flat Broke 3 years ago Member's comment

Why is #gold a better investment than say #silver, or other #PreciousMetals? $gld $slv

Gary Tanashian 3 years ago Contributor's comment

Gold is more counter-cyclical than silver and is better in a deflationary enviro. Gold is not an investment IMO, it is insurance.

Sensible Cents 3 years ago Member's comment

Isn't #Gold always a sure thing? I mean the price may fluctuate up and down but I'd say nothing is more secure than gold. Much more so than paper #currency or #Digital Currency like #bitcoin.

Brittany Lacey 3 years ago Member's comment

I agree, give me good ol' #gold any day. After all gold is a girl's best friend. Or was that diamonds ;-)

Gary Tanashian 3 years ago Contributor's comment

May be a great company, but these things are considerations.

IB Trading 3 years ago Member's comment

Very true Gary, just as there's not such thing as a free lunch, there's never a sure thing and one must always look at the considerations. Overall, I think #gold looks promising though $GLD.

Katy Lin 3 years ago Member's comment

Gary Tanashian, what kind of considerations should I be wary of when buying #gold?

Gary Tanashian 3 years ago Contributor's comment

Just meant considerations having to do with the highlighted stock, not gold itself.

Gary Tanashian 3 years ago Contributor's comment

Stock has run 1300% already. Also, the company's parent index, the TSX-V, looks to have double topped.

Alexis Renault 3 years ago Member's comment

Thanks Gary, what does "double topped" mean?

Gary Tanashian 3 years ago Contributor's comment

The peak in Feb. '17 matching the peak in July '16.