Why Junior Gold Stocks Could Be Gearing Up For A Glittering Performance

Early in the week I was in beautiful Colorado Springs attending the 35th annual Denver Gold Forum, where sentiment for all things gold was cautiously optimistic.

First, however, I want to share with you some discussions and concerns I overheard at the conference about the ongoing migrant crisis, not just at the U.S.-Mexico border but also in Italy and Europe. The mainstream media has finally started reporting on the situation, with the story appearing on page one of today’s Wall Street Journal.

Some people pointed out that they believe the crisis is not accidental, but orchestrated with the purpose of overextending local law enforcement and infrastructure and destabilizing the U.S. and Europe. If you watch videos of migrants arriving on the shores of Italy’s Lampedusa Island, for instance, you’ll notice that they made the trip in nice, high-end boats that cost upwards of $100,000. There’s serious funding behind this activity, and many conferencegoers said they believed it could be Russian president Vladimir Putin.

I can’t say if this is true or not, but the issue was top of mind among many of the people I spoke with.

Many of the speakers and attendees were bullish on the physical metal, pointing to gold’s resilience in the face of a very strong U.S. dollar and multiyear-high yields. When the Federal Reserve begins to lower rates and the value of the greenback cools relative to other currencies, I believe it will really be dollar-denominated gold’s time to shine, as it is right now in many countries such as Argentina, Japan, China, South Africa and more.