F*** BTC - BUY NAK! (highly speculative)Northern Dynasty Minerals Ltd is a Canadian mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a significant deposit of copper, gold, molybdenum, and silver into a modern mining operation.
Float: 471.296M
Recent News:
Jan. 22, 2025
Rio Tinto bets Trump will approve giant U.S. copper project held up for 12 years - FT
The Pebble Project in Alaska, a copper-gold project owned by Northern Dynasty Minerals (NAK), also is expected to get its final approval under the new administration, according to industry executives.
If the Pebble Project in Alaska, a massive copper-gold venture owned by Northern Dynasty Minerals (NAK), secures final approval under the new administration, the stock could skyrocket. Such a decision would unlock the project's immense potential, positioning NAK to capitalize on soaring demand for copper and gold, making it a game-changing moment for investors.
Gold and Economic Uncertainty Under Trump
Factors Boosting Gold's Appeal During a Trump Presidency
Inflation Concerns:
Trump's focus on large-scale infrastructure projects could lead to increased government borrowing, potentially driving up inflation. Historically, gold has served as a reliable hedge against rising inflation. The World Gold Council notes that demand for gold typically grows when inflation expectations rise, as observed during the fiscal stimulus initiatives of his previous administration.
Potential Dollar Weakness:
While Trump’s economic policies might stimulate domestic growth, his criticism of the Federal Reserve could weaken the U.S. dollar. A weaker dollar generally supports higher gold prices, as it makes gold more accessible and affordable to international buyers.
Global Tensions:
Trump's often confrontational stance on foreign policy—whether dealing with China, Iran, or NATO allies—could escalate geopolitical risks. In such uncertain times, investors frequently turn to gold as a “safe haven” asset.
Increased Market Volatility:
Uncertainty surrounding Trump’s policies might lead to more volatile financial markets. During periods of heightened market turbulence, gold is often seen as a stable, risk-averse investment option.
Why Invest in Gold Now?
Regardless of whether Trump wins another term, the existing macroeconomic conditions make a compelling case for gold investment:
Central Bank Purchases:
Global central banks, particularly in countries like China and Russia, have been steadily increasing their gold reserves, boosting overall demand.
Economic and Geopolitical Risks:
The possibility of a 2025 recession and persistent geopolitical uncertainties could push more investors toward gold as a safe-haven asset.
Portfolio Diversification:
Gold continues to be a dependable hedge, offering protection against both inflation and potential market downturns.
Overall Market Sentiment:
It’s always crucial to consider overall market sentiment when making trading decisions.
Trading Strategy:
At recent price around $0.70
Breakout Zones:
$1.10 - 1.30
$2.30 - 2.50
Resistance Zones:
$3.60 -3.80
$5.00
$13.50
$15.50
$21.50
Surpassing these levels could signal a positive trend. Consider taking profits at these levels to realize gains.
Risk/Money Management
Take Profit (TP): Set the target at $2.30 (short-term) and the final target at $34 (long-term)
Stop Loss (SL): Set at under $0.40 to mitigate potential losses.
Chart Analysis:
Please refer to the attached chart for detailed analysis of price trends and movements.
Trading Advisory:
Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.