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2020 Best Gold Market Not Seen In Centuries – Farshad Shirvani

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Published : December 22nd, 2019
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Category : Gold and Silver

In late 2018 and early 2019 there was a lot of news surrounding mergers and acquisitions within the gold mining sector. There were two major mergers that, rightfully so, captured the attention of the gold market and brought a lot of interest into both the gold mining sector and the physical gold market as well. As we have been reporting for the past ten years the gold mining sector is in serious trouble. We are seeing a number of different scenarios coming to term right now. Some of what is happening is a collapse in production, no new mines of size coming online and very limited capital flowing into the mining stocks. Without these capital inflows into the mining stocks, companies are unable to continue their research and development. This sets the stage for 2020.

We haven’t seen much, basically almost none, (capital inflows into the mining stocks) and that creates a deficit. The money will flow into it, the hype will start and I believe the next year (2020) we have the best gold market, starting, that no one has seen in centuries. ~Farshad Shirvani for The Daily Coin

We are seeing, in 2019, a 16% climb in gold. If you acquired some physical gold a year ago today, 12/22/2018, the gold you now hold rose more than the S&P500 stock market. Gold has increased by some 400% since approximately 2001. Not bad for a “pet rock”.

I sat down with President and CEO of Doubleview, Farshad Shirvani to discuss the latest developments in the gold market, the mining sector and what is happening with his project that is on the cusp of hitting pay-dirt.

Mr. Shirvani has one of the rare opportunities to add real value to the gold market. His project, Hat Gold Copper Porphyry, appears to be an opportunity in the right place at the right time. By the end of January the company will be making another announcement on top of the fact their current drilling efforts are showing amazing potential.

The conversation during this 29 minutes, not only covers this incredible project, but is also highlights the stresses and strains in the gold mining sector. The longer I follow these markets the more I hear about creating wealth using gold. What I have learned is hold physical gold as your hedge (bet) against fiat currency / governments but own gold mining stocks to generate wealth.

Source : thedailycoin.org
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Rory Hall, Editor-in-Chief of The Daily Coin, has written over 700 articles and produced more than 200 videos about the precious metals market, economic and monetary policies as well as geopolitical events since 1987. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver and Silver Doctors, SGTReport, just to name a few. Rory has contributed daily to SGTReport since 2012. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few.
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