With continued uncertainty in global markets, this is why all hell could break loose at any time.

“Whatever turns the Federal Reserve unfriendly would likely be sufficient to derail the US equity market.  But for now, we continue to expect the Federal Reserve to remain friendly to risk markets for a while longer.” — Craig Drill, Craig Drill Capital

March 15 (King World News) – Here is a portion of today’s note from Chief Investment Strategist, Jeffrey Saut, at Raymond James:  “A long time ago in a galaxy far, far away” there were two Wall Street gurus with the nicknames Dr. Doom and Dr. Gloom because they were the prominent interest rate “bears” on the Street of Dreams

To find out which company is the #1 junior mining takeover target in the world that the
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Their real names were Henry Kaufman, then chief economist at Salomon Brothers, and Albert Wojnilower, similarly situated at First Boston. While we have lost contact with Henry Kaufman, we still see Al at our friend’s office, namely Craig Drill. Craig is the eponymous captain of Craig Drill Capital and is one of the best writers on Wall Street. In his recent missive he writes:

“Regarding the first risk of problematic wage increases, current average hourly earnings are up year-over-year by 2.6%, relatively benign.  But labor market metrics suggest wage inflation is poised to move markedly higher. Historical relationships, however, between wage increases and measures of labor market tightness have broken down.  If reestablished, wage inflation would accelerate sharplyThis would turn the Federal Reserve hostile, elevate bond yields, and raise the risk of recession…all bad for US equities

Al Wojnilower continues not to expect problematic wage increases; however, this metric is important to monitor. The second risk of an overheating economy stems from an expansive fiscal policy at a time of full employment.  An overheated economy would trigger monetary policy discipline and plant the seeds of recession.  Whatever turns the Federal Reserve unfriendly would likely be sufficient to derail the US equity market.  But for now, we continue to expect the Federal Reserve to remain friendly to risk markets for a while longer.”

King World News note:  Eventually the central planners will lose control of the markets and all hell will break loose.  Until then, continue to accumulate physical gold and silver and the shares of the high-quality companies that mine the metals.

Oh, and for those of you who missed it, here is one of those great opportunities in the gold market…

One Of The Great Opportunities
Eric King:  Ivan, I purchased six figures of stock in your company because I believe it will be one of the big performers in 2018.  The announcement that you made today in this weak market stunned a lot of people.  You financed without a warrant and without a discount in Canada.  For an explorer, in this market, that is truly remarkable.”

This May Send Our Share Price Multiples Higher
Ivan Bebek, CEO of Auryn Resources:  
Today’s release guarantees Auryn will be funded for 2018, a year in which a series of catalysts could send our share price multiples higher than what is being quoted today, especially if the gold market performs.  

A Junior With The Scale Of A Major
The scale of our gold exploration upside is unparalleled in the industry based on the amount of prospective real estate we have and are currently exploring.  
Auryn is pursuing multiple significant gold discoveries.  We look at our company as a junior with a majors exploration portfolio backed by a majors exploration team.  We are about to get access to our Sombrero Project in Peru, which is the best pre-drilling prospect we have seen in our careers based on gold and copper grades on surface along more than a 30 kilometer trend.  We also have over 420 kilometers of prospect gold greenstone belts in Canada and over 100,000 hectares of prospective land in Peru.

Goldcorp Just Increased Its Investment Stake In Auryn Resources
The recent downturn in the gold equities and lack of discoveries has set the stage for substantial investor returns when the next discovery is made and we believe Auryn Resources will make that major discovery.  
The bottom line is that Goldcorp did not invest in Auryn to help the company finance mines.  Goldcorp invested in Auryn to help the company find mines that they would eventually acquire.  There are two types of mines that you can find, one that makes investors money and one that makes investors rich, and Auryn has both of those opportunities in its portfolio.” Auryn: Symbol AUG in Canada & the US.

***KWN has just released one of Mr. James Dines’ greatest audio interviews ever and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

***Also Just Released This Is How Insane Things Have Become As The World Monetary System Edges Closer To Disaster CLICK HERE

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