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Hello, welcome to the 1000 Becker Report on the topic of Mark Farber's belief in undervalued platinum. Disclaimer. Mark Faber said at the precious metals fair – that was the Preus Metal Summit in Zurich – that platinum is greatly undervalued compared to gold . Although platinum has risen by 77% this year, from $900 to $1600, it is still below 40% of its all-time high from 2007, while gold is already 100% above its 2011 high, and platinum is 30 times rarer than gold.
Therefore, platinum, alongside palladium and silver, is an interesting addition to a precious metals portfolio. Also, primarily platinum stocks like Platinum Group Metals and PLG are currently particularly attractive. The stock price has been in a bear market near its all-time low since 2007. The price recently broke out of the triangle and recovered after Friday's backtest .
The price is currently at 14. Its all-time high, together with Platinum in 2007, was $465. Of course, this is not a buy recommendation, but we simply want to show what might be possible with the Platinum Market , whether it actually has such interesting potential. Um, uh, as Mark Farber said in the conversation today .
Um, um, you have to see it. It is, of course, not a monetary metal. Nevertheless, the monetary functions will increase rather slowly. I think the whole thing is a process; if we simply imagine that gold and silver will probably continue to rise until 2030, there will of course be no peaks before then for platinum, because it is so undervalued, there is still enough time for it to rise accordingly.
And platinum stocks, like the one shown here, could potentially benefit from that. So platinum is definitely an interesting addition, also for physical storage. Clearly, it's not a monetary metal, but it might be significantly more attractive than gold in the meantime. We'll have to wait and see. Anyway, I just wanted to say here again what's currently being discussed.
Yes, otherwise, uh, which gold and silver stocks are you using to play the bull market here? Well, I would say that it still has top gold and silver projects . Ideally, it would be located in jurisdictions like this one in Nevada, which has gigantic resources, 480 million silver equivalent, so, uh, um, really a lot, and the market capitalization is somewhere over 100 million, so not that much in comparison, and with that jurisdiction, in my opinion, it represents a significant undervaluation.
The main project in question is Marvic Springs. The Maveric Springs project is located in the northeast. Nevada between Elk and Eli on the northwestern flank of the Marvic Springs Range. It is located at the southernmost end of the Carlin Trendgürtel belt, which is known for its gold and silver inclusions.
Access is via a 40 km long gravel road from Ruby Valley. The Exploran Explor exploration potential is also significant. Um, the project offers great potential for expanding and enhancing the mineralization. Additional deep currency can improve current resources, particularly in the northeastern and southern regions of the model.
These areas are currently outside the Riddle Pit shell and have been included in current resource estimates , but could be excluded at high R , or could be considered at high commodity prices. So, there is still a significant amount of further exploration potential in sight, which in my opinion could drive the share price here.
The share price here has also suffered a setback. The stock rose relatively quickly, um, to 1.50, you have to see, and then it even corrected down to 0.9. But it is on the road to recovery. And if silver and other commodities continue to rise, then the old high will probably be reached again quickly.
Yesterday I gave some examples of stocks that have already reached new highs , even though silver isn't yet at $4. So, what are the advantages of gold and silver stocks? Gold, or rather gold stocks, can rise 10 to 100 times more than gold and silver themselves due to this extreme undervaluation. Gold stocks have never been banned.
Gold, on the other hand, was banned in 1933, and well-positioned gold stocks were at least a good alternative during the Great Depression, when practically everything else was going down, but top- positioned gold mines were not. Yes, in the year 2030, what might it look like? Perhaps gold will be at 8, 9,000, 15,000, 20,000.
We'll see. We only know one thing, and the experts are relatively unanimous on this point, that the stock value will implode relative to gold. That means it's not a good time for standard stocks, but a good time for gold and silver. They will then reach their maximum values, and then you can exchange them back and invest in stocks.
That was exactly the case in 1980. So between 1971 and 1980, gold and silver simply held their value. Of course, gold and silver stocks were ideal at times, and when they reached their maximum values in 1980, it would have been ideal to return to the normal standard stock market, which then ran for 20 years until the year 2000.
Yes, house prices will also decline massively compared to gold and silver, as will average wages. Yes . Um, why is that? We are in an inflationary depression. The money is no longer going into economic products, uh, projects, excuse me, but into tangible assets, because the owners uh, fear the loss of purchasing power, uh, uh, and no economic investment, however good, can compensate for that.
That's why, uh, so to speak, tangible assets like gold, silver, and gold stocks are going as we hope, and uh, yes, that's obviously not a good sign for the economy. Eventually this will end, and eventually it will happen again, and that means this long rise will also lead to an economic recovery. Yes, 1000 bakery reports attempt to identify these types of stocks, classify them according to different risk levels , and calculate their potential.
Generally, you will receive the report for one year with monthly updates, and of course, you will also find the names of the stocks from the daily videos at some brokers you can work with , as well as some gold and silver storage facilities including bonded warehouses. Gold Avenue is one example. There you can buy gold and silver outside the banking system, and it's a very modern application, completely Swiss- based, a subsidiary of a large Swiss gold company, buy and sell at any time , with a very favorable buyback price.
Uh, it's very affordable overall and completely free of charge up to €10,000. For example, you can also link it to a Swiss bank account that anyone can open from anywhere here. Swiss Quote is a broker, but it's still a fully, uh, reasonable I-Bahn (suburban train), and they also get a card from which they can withdraw money anywhere, uh, uh, and they don't even need to park too much money in fiat currency, but if they have something left over, it goes into the metal account; if more is added, it's tax-free because these transactions are cheap and easy.
If you need a little money, you can sell a few hundred euros of silver and then have it paid out anywhere. Yes, a purchasing cooperative for tangible assets, they also make duty-free deposits in Switzerland. Transactions are processed via a German clearing account, which can also have advantages in certain situations.
Um, otherwise you can see here that they buy, as far as silver is concerned, they get 15 kg of railways cheaper, of course, but via a clearing system they also pass this price difference on to their customers completely. Yes, thank you very much for your attention. I would ask you to subscribe to my channel, maybe even give it a like, that would give the channel some visibility here on YouTube. So, thank you again and see you next time.
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