Bayhorse Silver Inc V.BHS

Alternate Symbol(s): BHSIF

Metals & Mining Industrial Metals & Minerals

Bayhorse Silver Inc. is a junior natural resource company, which is engaged in the acquisition, exploration and development of natural resource properties. The Company has a 100% interest in the Bayhorse Silver Mine, Oregon United States of America. The Bayhorse Silver Mine and the Pegasus Project are 44 kilometers (km) southwest of Hercules Metals’ porphyry copper discovery. The Company also has an option to acquire an 80% interest in the Brandywine Property located in British Columbia, Canada. The Brandywine Property is located near Squamish, British Columbia.

TSXV:BHS - Post by User

Bayhorse Silver Inc

Bullboard Posts

Post by cuaudogon Apr 10, 2020 8:58pm

177 Views

Post# 30898194

"Rip Your Face Off" Gold Market

This week I had two conversations that I wanted to share with you. Both with legendary and world renowned investors.

One is a sector agnostic renaissance man, the other a dedicated specialist. Both, rank with the best in the world.

Despite their different perspectives, they share a characteristic - an appetite for crisis investing and distressed assets.

The first warned me that Gold may enter a bubble.

He is one of those characters that almost seems fictional. He is dapper, often dressed in a white linen suit with a bow-tie and matching suspenders.

A light southern accent accompanies a casual, yet remarkably articulate speech.

I wanted to know everything inside of his brain. His life has been a legacy of discovery and adventure. He is one the world’s most famous investors.

He co-funded the Quantum fund with George Soros in 1973. He “retired” six years later, at the age of 37, having delivered a 4200% return in the world’s first true International Fund.

From there, he bought a motorcycle, and set multiple Guinness World Records for touring more countries than anyone before him.

He travelled and wrote, and invested in beaten down countries and hated-on assets.

He made hundreds of millions of dollars, and authored several best selling books.

In the early 1970’s when it was illegal for Americans to buy gold, he flew to Canada to purchase his first gold bars.

He travelled to North Korea after receiving a personal invitation from Kim Jong Un, and special approval from the United States Government.

At the age of sixty, he started a family, and moved to Singapore so his daughters would grow up fluent in Manderin.

He is a true renaissance man, defying the rules - making them up as he goes.

Jim Rogers

He is not the aggressive investor he once was, “I used to look for things, now I just stumble on to them.”

He has been long US dollars since 2015. He is not a gold bug, he is a gold bull - only when the timing looks right.

Right now, he is a buyer. “I bought more gold yesterday. Maybe I’ll buy more today, who knows?”

I asked him where he wanted to deploy capital next:

“Venezuela and North Korea, but I am not allowed! For a citizen from the Land of the Free, I’m not too free am I?”

We talked about the pandemic, the crash and the US Government's response. I asked him what the daunting stimulus and economic shutdown would mean for our future:

“You are thinking about this wrong. They don’t care about you. It’s an election year, they care about November.”

His answer summarized his entire life - They won’t take care of you - so you better take care of yourself. Invent the rules, think for yourself and make your own decisions. You are in charge, so be responsible for your success, and accountable for your faults. This is what Jim Rogers told me.

What is the best tool in an investors tool belt?
“Understanding a balance sheet, and spotting changes.”

Will Trump win the election?
“Yes.”

When will the Korean Wall come down?
“In the next year or two, the pandemic may slow this down.”

How could the next generation set themselves up for success?
“Move to China.”

The second investor I spoke with was Rick Rule, CEO of Sprott US Global.

Rick is one of the hardest working money managers in the business, and he’s always speaking at events, giving interviews and doing media. He is everywhere.

So why did I want him on my feature?

I talk to Rick often. I’ve gone as far as flying to Carlsbad when I needed his advice, just so we could talk face to face.

He credits a lot of things for his success - his ability to find the right people, and become indispensable to them - the Ross Beaty’s, Lucas Lundin’s, Robert Freidland’s, etc. He credits his work ethic and a relentless dedication to his craft.

But what does he credit most of all?

Bear markets.

His success and his career, were built on the back of bear markets.

I know a lot of people who will quote Warren Buffet: “Be fearful when others are greedy, and greedy when others are fearful.” But I know very few people who actually do this.

Rick Rule does it.

I have an audio recording of Rick on my phone. I’ve probably listened to it ten times a day over the last week:

“It’s important Jay, it’s really important. That in periods like this, when everybody else is afraid and in the fetal position, that you storm through the f**k ing door before it closes.”

I have never heard him as aggressive and bullish as he is right now.

He’s a Mack Truck with the pedal on the floor.

In his words, get ready for a “rip your face off” gold market.

I trust Rick, because he's same when the camera’s turn off. He’s just more aggressive, and drops more F Bombs. He’ll remind you that he used to bounce people out of nightclubs in his youth.

That’s why I wanted to share this conversation with Rick. Because if they built a Mount Rushmore for the resource sector, Rick’s face would be on it. It’s not a resource feature without Rick Rule.

I will be releasing this feature on Tuesday morning.

Last week's feature video rocketed past 40,000 views in the first 24 hours. I can't wait to share this next one with you.