Marin Katusa: Major Gold Discoveries are Becoming Increasingly Rare

Marin takes a contrarian viewpoint on several issues that many may find controversial. Unlike most resource investors, he feels that there is sufficient capital overall in the mining sector. He thinks that debt is about to get more expensive and that the US dollar will strengthen for the next couple of years. Marin feels that uranium will under-perform as sufficient supply remains. Lastly, he doesn't think the world is running out of resources and that there is still plenty of oil, gas, and commodities. The world, however, is running out of areas that respect entrepreneurial capital.

TimeStamp References1:30 - Marin's Background and Views2:50 - Government's fear deflation.4:00 - Gold is getting harder to find.9:00 - True growth of mining.10:30 - There is still money in mining.13:00 - Executives are being overpaid.15:30 - Cost of capital is increasing.18:00 - Boom, bust echo cycle.26:30 - Why uranium will continue to be flat.30:20 - Section 232 will be a gradual quota.32:30 - US Dollar will outperform for two years.35:00 - Vanadium needed for green energy.39:00 - The internet of things.40:45 - Innovation will solve most bottlenecks.

Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector. During this time, he has become one of the most successful portfolio managers in the resource sector, such as his 2009 Fund Partnership (KC50 Fund, LLC) which has outperformed the comparable index, the TSX-V by over 600%. Marin provides his research reports and original ideas at KatusaResearch.com, and he is the author of the New York Times Bestseller The Colder War: How the Global Energy Trade Slipped from America's Grasp