Thursday, August 29, 2013

Stage is Set for Golden Opportunity if U.S. Goes to War with Syria, Says Jim Rogers

While the rest of the world anxiously awaits official word from the White House on whether the United States will launch a military attack on Syria, highly acclaimed investor Jim Rogers has his eyes on what he knows best: commodities.

In an interview with Reuters Tuesday, Rogers said he believes that the situation in Syria would spur a hike in oil and gold prices due to a “market panic,” citing historical trends to back up his outlook and noting that a kink in oil transportation would trigger the action.

“I own oil, I own gold, I own things like that and if there is going to be a war, and it sounds like America is desperate to have a war, they’re going to go much, much higher,” Rogers said. “Stocks are going to go down, some of the markets that I’m sure are already going down, commodities are going to go up. I’m not particularly keen on war, I assure you, but it sounds like they want it.”

But the real “panic” will come, said Rogers, when the Federal Reserve starts tapering quantitative easing.

“This is the first time in recorded history that all major central banks have been flooding the money with artificial money printing at the same time … When this ends it’s going to be a huge mess,” he told Reuters.

Assuming Rogers is correct in his outlook, the economy’s reaction to a Syrian war will likely fare well for small-cap companies in the gold market. Raptor Resources Holdings, as an example, operates through two primary subsidiaries to engage in mineral resource acquisition, exploration, and development.

The company’s primary focus has been on its Mabwe Minerals (MBMI) subsidiary, which recently commenced barite mining operations at its Dodge Mine project Zimbabwe. With this significant company milestone in the books, Raptor Resources has the opportunity to channel its resources to its second subsidiary, TAG Minerals, which is focused on alluvial surface gold and developing greenfield assets targeting bedrock gold.

TAG Minerals has two gold projects in South Africa, both in close proximity to Mabwe Minerals’ Dodge Mine. The ODZI Riverbed Project was temporarily suspended as Raptor Resources funneled its efforts to fast-tracking the Dodge Mine, which as previously noted, is now in operations. If Rogers is correct in his forecast that oil and gold prices are staged for significant increases, Raptor Resources now has the prime opportunity to achieve and capitalize on this “golden” opportunity.

For more information, visit www.RaptorResourcesHoldings.com

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