In this True Vine Letter I shake things up a bit with my recent review of The MIning Investor’s Handbook by Robin Bromby. It was my first book review and I thoroughly enjoyed it.
I recently built a database of lower grade, industrial metals focused mining projects with the intention of analyzing them to determine what the necessary ingredients are to produce attractive economic outcomes. This analysis led to some interesting conclusions.
This Letter is the product of years of Bible study, economic and monetary reading, observation, and thoughtful reflection with the Holy Spirit. The implementation of True Biblical Money has the power to bring positive, fundamental change to the economic basis of a society. If nothing else, I hope that it is properly understood by economically minded representatives of Christ around the world so that God’s standard for money can at least be adequately put on display.
After spending a lot of time over the last few weeks getting into the weeds of the silver market, I have come out as a cautionary bull. In this Letter, I dig into some of the highlights that led me to conclude that the structural supply & demand dynamics for silver point to higher prices in the years ahead.
In this Letter I dig into the supply and demand fundamentals of the gold market. Then, building upon my broader economic and market forecast, I use my findings to produce a forecast for the price of gold out to 2019.
True Vine Letter readers who are familiar with my Forecast know that I am of the view that inflation is coming, but it is still a few years away. In preparation, I will be making some investments in various natural resource related companies. I have begun by compiling data on gold & silver mining companies and developing some methods of analysis to assist in separating the wheat from the chaff. In the coming months I will be writing articles and research reports on various mining companies. Instead of explaining my methodology for evaluating the cost competitiveness of these companies every single time, I decided to simply lay it out here for linking and reference.