Gold Shortage Coming

Both Ivanhoe (IVN) and Kirkland Lake Gold (KL) are smart bets in my opinion.

Why?

Because demand for gold is going up, and both of these stocks have a proven track record.

China is a growing economy and their thirst for gold jewelry is skyrocketing, but so is the demand for consumer electronics (which uses gold in the microchips).

The global demand for gold continues to grow. This is a supply and demand issue. There simply isn't enough gold to go around, but there are two Canadian companies which are plentiful with the stuff.

Nor are these the only gold mining companies I have invested in. There's about 20 different mining companies I have invested in, with many of them dealing with gold, silver, copper, rare earth metals, lithium, and basically anything that is useful for making either batteries or for electronics.

Because that is something else that people often forget. Our consumption of electronics goods continues to soar, globally, and those electronics need metals that are hard to find and mine.

Which means they end up being valuable and the mining companies extracting them from the earth are likewise profitable and worth investing in.

I am also invested in companies which deal in mining exploration, which means they are dealing with finding new places to mine such metals, and then sell their finds to the government or mining companies for a hefty profit. 

And like always, I only invest in those companies with a proven track record, and I am investing long term.