After owning the
SPDR Gold Shares (
ETF since 2009, I'm selling my position and buying another gold
This afternoon, I'll release a brand new research
recommendation on a little-known company that I call a "
British Columbia Gold Bank
I'm quite certain that you've never heard about this type of
investment. That's because there are only a handful of companies
in this unique business. CNBC describes it as a "banker for gold
So what exactly is a "gold bank?"
The company that I'm recommending today is in the business of
providing capital for the most promising gold mining projects in
Simply put, they evaluate projects and invest a small amount
of capital. In exchange, they get the
to buy gold at ridiculously low prices. With 10 such agreements
in projects around the world, this company is a cash machine.
This company's agreements give it the right to buy roughly
125,000 ounces of gold this year…for as little as $220 per
Even with gold prices falling 26% this year to $1,200 per
ounce, this company makes money hand over fist. After all, buying
gold at about $0.25 on the dollar is a great business.
The cash is flowing into this company's coffers so quickly
that the CEO announced plans to initiate a dividend within the
next 12 months. With cash soon being paid back to shareholders,
this investment could offer the upside of capital appreciation
and a growing dividend.
I know that investing in stocks before they initiate a
dividend can be incredibly profitable. In fact, the biggest "gold
bank" saw its shares rise 590% in the five years following its
first dividend payment.
The fact that my latest recommendation is planning to launch a
dividend shortly could bode well for the stock price and
shareholders who buy in advance. And income investors who are
willing to wait for the dividend could be rewarded with a soaring
One final reason that this company is so attractive is its
impressive founder and CEO. His impressive track record includes
serving as the CFO at one of the biggest "silver banks" - a
similar company that saw its market value rise 10-fold under his
leadership, from $300 million to $3 billion.
It's for all of these reasons that I plan to sell my
long-standing position in one of the biggest gold
. Why? Because I'm not convinced that "owning" gold at $1,200 per
ounce and speculating that it will rise in price is a good
Rather than simply betting on the
, with this "British Columbia gold bank" I can own a piece of a
growing company with considerable upside.
Even the most conservative investors will find this "gold
bank" attractive. After all, where else can you buy gold for $220
- $400 per ounce?
My complete investment report on this opportunity comes out
this afternoon. I'll be dispatching my report to
subscribers of my
investment advisory. And in the coming days, I'll be buying
shares in my personal account.
I believe this is the best gold investment you can make today.
Anyone who is serious about making money from precious metals
should be aware of this story and the incredible opportunity I'm
seeing in this gold bank.
For the full details on this opportunity,
click here now