INK Ultra Money: China, a bearish call and INK Chat scores big again

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Today, Real Vision turns its attention to China. Ed Harrison interviews George Magnus, research associate for the China Centre at Oxford University, who assesses the situation in China and what it means for investors. Watch the premium video here.


INK is keeping tabs on mining COVID-19 risks

 

Meanwhile, INK is going full blown contrarian on COVID-19 as chatter builds in the markets that the disease no longer matters. As a case in point, this morning I read a piece from a large fully-licensed-in-China financial services firm touting herd immunity and advising investors to position for growth.

Well it is a bit late for that!

How about taking some money off the US table? That what our US insider sentiment signals are suggesting as we explain in today's US market report. While we strike a cautionary tone, we also note the risk to our bearish call is the tendency for insiders to be early.

I posted a supporting chart on the growing clouds of COVID-19 in INK Chat today showing how the projections for ICU bed needs in the United States are soaring. I am well aware of the spin found in some corners of the internet trying to get you to believe that deaths are down, so it is no big deal. That is all baloney. Trump and other politicians are playing for time as they hope for a scientific breakthrough or a miracle turn in the virus. Although I am no epidemiologist, my political propaganda detector remains in good shape.

If you have not registered for INK Chat, please do so today. Invites are for paying INK subscribers and Canadian Insider Club members only in order to keep the discussion at a high-quality level. If you are a Canadian Insider Club member and do not have your invite, contact us for the link. If you are not a member of our research club, now is great time to join us as an Ultra member to get full access to INK Ultra Money videos, core INK reports, a Google ad-free experience and an invitation to INK Chat.

Vizsla Resources (VZLA) before today's big move higher

It really is worth your while to register for the chat as we cover a range of topics that we cannot get to in our core reports. For example, on May 27th I said I was buying silver stock Vizsla Resources (VSLA). Vizsla is now up about 300% since that post following more drilling news today.

Junior mining is in a bull market which means there is finally some money to be made in the group for those with a stomach for risk. As we highlight names, we are keeping an eye out on COVID-19 risk. While governments are going to be reluctant to impose lockdowns again, that strategy also comes with risk as infection rates can rise. While a drilling or mining operation may not be ordered to shut down, as the disease spreads the risks grow that either a key person or company work camp has to deal with an infection.

In today's report (see free video above), we highlight KORE Mining (KORE) which operates in COVID-19 risky California. However, they also have exploration projects in BC. The province has managed COVID-19 well and did not issue stop-work order for the mining industry even at the height of the pandemic in the spring. KORE's BC projects should be able to keep the news flowing over the next few months regardless of what happens in California.

Finally, despite our bearish call on the US market, I do not believe we are headed for deflation. As such, I am keeping many of my G-economy bets on the table including Vizsla Resources which I still hold after taking some profits. I am also watching crypto closely to see the group can finally decouple from the US stock market.

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