"Investors Are Coming Back Home": Gold In The USA, Alaskan Elephant Country - "Billionaire Investor Thomas Kaplan Says Gold Prices To Move 'Way Past' All-time Highs" (2024)

Time kills like no one other.

Time is beautiful, time is everything and we have never enough of it. Only a few things are timeless.

Take the brilliant idea and apply the wrong timing to it and your story will vanish before even been told like many thousands of others. Nobody has time to remember. We are finding only a few worth to forget.

As we will learn very soon, time is energy, money is compressed energy and Gold is money. You can read about it, you can study it, but you have to live it to understand it.

Chart by @MacroCharts

Today we can put one more of my posts on the record with the timing of my investment decisions and my own belief about this young and powerful Gold Bull Market. Quite a few sentiment readings are telling us that this sell-off phase of the Gold Bull market should be over very soon.

Chart by Nicholas Winton

Our very talented Nicholas Winton provides clear cut illustrations for our progress. He makes his roadmaps forTNR Goldas no-one else and we can easily navigate it driving our aspirations by moving forward, building value and telling our Story. Our projects are growing and we are entering the new phase of growth for our Green Energy Metals portfolio plugged into Energy rEVoltion with our Copper and Lithium Royalty holdings on the projects developed by McEwen Mining and Ganfeng Lithium.

Life is giving us two rules to beat the odds stacked up against us by ruthless Mr Market in the investment world. You do not have to make all mistakes yourself to learn all the lessons and can follow the best who has already made it. And you can use from time to time Mr Market's Time Machine.

"We never really judge a seller when we can buy a flat-screen TV at a deep discount. In the investment realm, the same physical manifestation of a lower price can bring the investors unbearable pain of inability to make a clear decision whether it is an opportunity or a curse. And by all means, it can be both. Your ability to make this distinction and your discipline to follow your own decision will define your success."

The real edge comes with discipline - Warren Buffett: "Mr Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell it to him, and if he gets depressed, you buy from him. There is no moral taint attached to that."

Thomas Kaplan is talking today with Kitco about his view on the current Gold Bull Market and his investment approach to the development of the giant Donlin Gold project in Alaska. Below you can find a lot of information for your own research of this generational investment opportunity for Gold. Stay safe and prosper.

"Kaplan described the Donlin project as the "Holy Grail" in the mining industry not only because of its resource but also because of its location.

"Alaska is the second-largest gold producer in a country," he said. "We're located in a jurisdiction where, when I go to sleep at night, I know that what I thought I own the night before, I still own. As someone who made their bones in Bolivia, Zimbabwe, South Africa, Congo, I could go on, I believe that that era is over." Kitco.


Gold In The USA, Alaskan Elephant Country: Kirill Klip GEM Royalty TNR Gold Presentation November 2020

"We extend our congratulations to TNR Gold shareholder NovaGoldand their Donlin Gold JV partner Barrick Gold. JV partners of Donlin Gold have announced solid results from the largest drilling campaign since 2008 on the project. On the back of this news, it is time for us to discuss our own relationship with developing Donlin Gold Mining Camp and my own personal vision of how Donlin Gold project can potentially grow into a 50 million-plus oz Au resource project and become a major Gold Mining Camp in the world based on the U.S. soil.

Dr Tim Baker

How is this relevant, what is the relationship between Donlin and Shotgun Gold? My belief isTNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure.This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin.


Kitco:

Billionaire Investor Thomas Kaplan Says Gold Prices To Move 'Way Past' All-time highs

"(Kitco News)-Silvermay be Thomas Kaplan's first love as he sees the potential for the precious metal to eventually push to $100; however, he is also not giving up ongoldas he sees the yellow metal in the third-wave of a secular bull market that will take it "way past new highs."

Many investors turned bullish ongoldin mid-2020 as central banks and governments flooded financial markets with massive liquidity to support the besieged global economy, devastated by the COVID-19 pandemic; however, Kaplan noted thatgoldwas already in a bull market long before the pandemic hit.

"All the pandemic has served to do is to make people now understand that the question of money and what is money when clearly it can be printed at will, he said. "The debasem*nt of currencies is obviously very, very bullish forgold."

Not only is gold backed by solid fundamentals as a monetary metal, but Kaplan noted thatgoldlooks good from a supply and demand outlook. He said that he sees the industry struggling to replace the ounces of gold that it has produced.

"If Barrick is right, and [gold] production is declining by about 5% a year, for a number of years forward, we really are reaching a perfect storm," he said.

With the gold industry suffering from new discoveries, Kaplan said that it is essential to move forward with projects like NOVAGOLD Resources' (TSX:NG) Donlin property. The Alaskan-based project has 39,000,000 ounces of gold in measured and indicated mineral resources. The company just finished its biggest drill program in 12 years.

The Donlin project is a 50-50 joint venture between NOVAGOLD and Barrick Gold (NYSE:GOLD).

Kaplan said that is no rush to bring the project, which he describes as a "category killer," to production. He added that it is more important that they fully understand the property's geological potential.

"Our attitude is that this thing is going to be around for 50 years, maybe 100 years, maybe more, the exploration potential there is probably better than almost any other mining project in the world," he said. "I think we can look forward to a huge mine life; what we really want to make sure is that it's built properly from the front end. We're extremely excited because things seem to be working out exactly as we'd hoped that they would, in terms of the drill program."

Kaplan described the Donlin project as the "Holy Grail" in the mining industry not only because of its resource but also because of its location.

"Alaska is the second-largest gold producer in a country," he said. "We're located in a jurisdiction where, when I go to sleep at night, I know that what I thought I own the night before, I still own. As someone who made their bones in Bolivia, Zimbabwe, South Africa, Congo, I could go on, I believe that that era is over."

"Investors Are Coming Back Home": Gold In The USA, Alaskan Elephant Country - "Billionaire Investor Thomas Kaplan Says Gold Prices To Move 'Way Past' All-time Highs" (2024)

FAQs

Why is gold all time high? ›

Central bank buying has driven the rise in gold prices since 2022, according to the note. Gold could be entering a strong era, as central bank purchases of gold in 2022 were more than double the average annual purchase across the decade prior, according to JP Morgan.

Why is gold spiking? ›

Essentially, he says, gold is doing well because investors are boosting the price of just about everything, from stocks to bonds to cryptocurrency. In addition to a rising tide, a weakening U.S. dollar and falling bond rates have boosted gold prices of late, says Hayes.

How much is 1 oz of gold? ›

Gold Spot Price
Gold Spot PricesGold PriceSpot Change
Gold Price Per Ounce$2,295.90 USD- ($10.20) USD
Gold Price Per Gram$73.81 USD- ($0.33) USD
Gold Price Per Kilo$73,814.84 USD- ($327.94) USD
Live Metal Spot Prices (24 Hours) Last Updated: 5/1/2024 12:15:18 AM ET

What will gold be worth in 5 years? ›

Two Jakarta-based commodity analysts forecast that the price of gold could reach as high as $3,000 per ounce in the next five years. While they remain bullish, they cautioned that many factors could affect the price of gold within this timeframe.

How high will gold go in 2024? ›

Heraeus Precious Metals – $2,250

However once central banks start cutting interest rates, we expect gold to trade higher. Therefore our forecast for gold is a possible high of $2,250 an ounce in 2024.”

Is gold going to skyrocket? ›

The Fed's expected rate cuts, coupled with continued geopolitical uncertainty, which typically sends investors to safe-haven assets like gold, should keep demand for gold high. According to a report from JPMorgan, gold prices should rise steadily quarter-over-quarter until peaking in the back half of 2025.

Should I buy gold right now? ›

The bottom line. Waiting for an investment price to change favorably is always risky but is arguably more so for alternative assets like gold. And although the price of the precious metal has risen significantly in the past few years, it still may make sense to buy now.

Why does gold beat inflation? ›

Several factors influence gold prices, the most important being inflation and interest, which are linked. Gold has an inherently limited supply, which makes it an inflation hedge, but despite the commodity's reputation for being a safe-haven investment, gold is not risk-free.

How much will gold be worth in 2030? ›

Short-term price predictions for gold suggest an increase in its value and demand in the next years, at least until 2030, showing the price could gradually rise to around $7,000 an ounce.

Is gold price all time high? ›

Historically, Gold reached an all time high of 2431.55 in April of 2024. Gold - data, forecasts, historical chart - was last updated on April 25 of 2024.

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