Business
Fenix Gold Offers Deep Value As Rio2 Production Launches Into A Gold Rush (OTCMKTS:RIOFF)
I developed my acumen as a keen stock researcher, analyst and investor for 27 years, after having read the fabulous books written by Peter Lynch and Warren Buffett. I favor small-cap stocks since these are more likely to become doubles and triples. I believe that holding undervalued stocks backed by hard assets (land, natural gas, oil, real estate, gold, silver) will continue to offer profitable returns. Investors have a great opportunity to purchase small micro-cap stocks since Wall Street largely ignores them. I only invest in companies with a strong balance sheet-typically with zero long term debt.The Federal Reserve has engaged in devaluing the fiat “dollar” through intentional inflation by creating digital (credits to Banks) and paper money. Gold holds value as real “money” that can not be diluted by FED policy. Currency failures are ripe in history and the United States is not immune from this danger. Companies that hold substantially more cash assets than debt, will better survive downturns and Investors have an opportunity to capitalize on undervalued ,emerging stocks ahead of their stock price gains. Buying before the crowd offers lucrative gains, but you must be patient. I graduated from Boston College with a degree in Economics, and hold a Masters Degree in Sports Administration.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of RIOFF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
