Resource World Magazine

Resource World - December-January 2019 - Vol 17 Issue 1

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D E C E M B E R / J A N U A R Y 2 0 1 9 www.resourceworld.com 9 cal tensions are depriving the US Treasury of foreign sources of funding relied on in the past. And not only are the usual adver- saries like Russia, Iran and China seeking ways to dethrone the dollar, the Euro zone has joined those efforts following a rever- sal of Obama's Iran nuclear deal. How will the Treasury respond to this growing crisis in 2019? Most likely, it will do what most bankrupt nations do. They hyper-inflate their currencies. The end of this cycle is near and we are approaching that point in time when owning gold and gold shares is more necessary than ever," Jay Taylor edi- tor of Jay Taylor's Gold, Energy, and Tech Stocks said at the recent Metal Investor Forum in Vancouver. The second challenge is that the junior exploration sector has been hammered by a lack of venture capital flow again in 2018 that could extend well into 2019 or 2020. "The money is being diverted away from the junior resource sector to the can- nabis sector and we will need to adapt to this new reality," said John Kaiser editor of Kaiser Research Online. Investment in the Canadian cannabis sector skyrocketed in 2018. According to the Canadian Marijuana Index, which tracks the stock performance of 18 Canadian cannabis companies, cannabis stocks are up almost 634% over last year with an aggregated market capitalization Grassroots exploration and discoveries are still the lifeblood of the junior exploration sector. The recent RNX gold discovery brought investors back into the sector driving the company's stock price to a high of $1.18 from $0.11 – a 1,072% increase, producing a significantly higher return-on- investment than companies in cannabis or crypto currency sectors. OUTLOOK 2019

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