INK Ultra Money: Bill Fleckenstein, Rick Rule and King Henry

We close off precious metals week with a master class on gold stock investing with Bill Fleckenstein and Rick Rule. Fleckenstein argues that there is a problem with using traditional NAV-based analysis and provides viewers with strategies to find hidden value when analyzing miners and to avoid the pitfalls that many investors fall victim to when investing in the space. Meanwhile, Rule provides his explanation as to why Warren Buffet has recently allocated a portion of Berkshire Hathaway's (BRK) portfolio in Barrick Gold (ABX). Click here to watch the premium video.

Group photo from the Beta Hunt Mine with the King Henry specimen at the bottom left (source Karora Resources)

Speaking of Barrick, after a fabulous run of more than 100% since the stock entered the INK Canadian Insider Index, it is leaving today and being replaced by junior producer Karora Resources (KRR), formerly known as RNX Minerals. The company made headlines in 2018 when it discovered some massive gold nugget specimens including King Henry which contained over 1,000 ounces of gold. INK provides an overview of Karora in today's morning report video summary for free.

If you are not an Ultra member of the Canadian Insider Club, join us today to get full and immediate access to Real Vision videos on INK Ultra Money and to the many Canadian Insider features now reserved for Club members. Learn more about the benefits here. I encourage you to act now to beat a major Club membership price increase coming this fall.