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written by reader Jim Rickards Penny Gold

By Alex12, June 27, 2016

Any thoughts on this new offer from JR and Agora MIDAS System? The offer is for a subscription for 1700.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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hendrixnuzzles
6 years ago

Hi Alex12,

There are lots of ideas for gold investments on other threads. For this reason my guess is that most of the readership would not pay money for ideas on gold stocks, even though many (myself included) enjoy Rickard’s ideas.

Two threads I suggest are “Gold’s Next Bull Run ? What to Buy ?” strated by JB Naples, now closed; and “Gold Bull Investments for the Next Leg Up…June 2016”, which is a continuation of the first thread.

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Vince
Vince
5 years ago
Reply to  hendrixnuzzles

GSS is one of the stocks that is going to go crazy on Friday

Subscriber
Subscriber
5 years ago
Reply to  Vince

Yeah.. well it was a BIG FAT BUST today… lol.

askforinfo
6 years ago

Is this the same news letter as “Jim Rickards, The Gold Speculator”? he is offering a subscription for £997 at the moment.
Does anyone have any ideas on the 3 gold miners he is talking about?

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leslie7
leslie7
5 years ago
Reply to  askforinfo

Yep…same one.
No idea what the 3 are.

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DwayneW
DwayneW
6 years ago

I just read through the entire pitch for the MIDAS / Agora thing. First, it is not the same as Rickard’s Gold Speculator newsletter and it is not the same as his currency pitches or the IMPACT system. They are currently asking a ‘discounted’ membership of $1750, and the non-discounted price is listed as $3000 per year. There are currently 14 gold picks in this portfolio and it seems to consist entirely of junior miners, streaming companies, etc. I don’t know why he doesn’t just name the “Harvard-trained geologist” he has enlisted, because many people who pay attention to this sector and most Agora readers know who is Byron King is. I heard that Agora recently shut down their Outstanding Investments newsletter, so I guess they had to find something else for Byron to do. Although Byron King seems to know a lot about gold and oil, I personally hold a grudge toward him because I don’t think he is as “dialed in” as he and Agora lead the readers to believe. I got burned by him several years ago when he encouraged readers to hold on to oil because he thought that Saudi Arabia would cut back on production, thereby keeping prices higher. Well, as we now know, the exact opposite happened and the price of oil collapsed. If Byron were so “dialed in”, I feel he would have known that there was at least a good chance that Saudi Arabia was not going to cut back prices, and therefore, he would have / should have encouraged his readers to bail out of oil before the eminent collapse. Anyway, back to Rickards. I enjoy reading him, but honestly, I don’t think his track record is any better than most others. There are many newsletters pitching junior miners and rarely do I see the same company pitched by more than one person. Sorry for being so cynical, but it seems to me that Rickards and Agora are cashing in as quickly as they can by making Rickards the new ‘face’ of Agora, at least temporarily, so they can pitch as many newsletters with his name on them as possible. With all that said, I do not know what the 14 companies in this MIDAS portfolio are, but I would love to find out…………….and see whether or not they compare to recs made by other newsletters.

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DwayneW
DwayneW
6 years ago

Second post to follow up on Rickards MIDAS system. It doesn’t look like Travis has tackled this one yet. Has anyone signed up or this newsletter? Does anyone know what the 14 companies in the MIDAS portfolio are?

candu
candu
6 years ago

Junior gold miners? Volatility!

Travis– what is Rickards touting?

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Travis Johnson, Stock Gumshoe
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