What has been will be again,
What has been done will be done again;
There is nothing new under the sun.
I steal most of my best ideas from the giants in the commodity world. Folks like Jim Rogers are my north star. If my conclusions stray too far from what people like Jim Rogers are saying, I know I should probably go back and check my figures – and re-read my research.
Jim Rogers is great in terms of broad, overarching commodity investment themes. He's rarely wrong, and when he is wrong, it's not for very long.
But as you probably know, it's just not good enough to be right on the broad trend. It's possible to lose money in a bull market. Nothing stings more than being right on the trend, but wrong on the investment.
And here at Wyatt Investment Research, I have the good fortune of knowing several great analysts who can help me delve further down into specificity.
But for specific commodity investments, I typically look first to my friend and colleague, Tyler Laundon.
Tyler's track record in gold and silver mining stocks over the past few years is nearly perfect. He and his subscribers at Small Cap Investor Pro have made money on all but one recommendation.
He's racked up some of the biggest gains here at Wyatt Research – like 211% on Endeavor Silver (NYSE: EXK).
And I say that I steal ideas from Tyler with no sense of shame. He's a great analyst. If I can't swallow my pride and learn from the best, how will I ever improve?
Tyler has built a very successful model for how to evaluate gold and silver miners.
I call it EVPO – and basically it's a way to look at a company's potential cost per ounce as expressed as part of their valuation.
Normally you might look at a typical stock's Price-to-Earnings ratio, or PE.
Or you might look at Enterprise Value to cancel out any cash and debt to come at a truer valuation.
But Tyler combines Enterprise Value, earnings and cost basis per ounce to evaluate companies in a simplistic way that answers the question:
How much am I paying to get each ounce of gold or silver out of the ground?
If you think about it, the entire business of a miner is to get their target resource to market.
Tyler has built a proprietary model that shows him exactly what you pay as a shareholder. It strips out all the noise – and gives you a number.
For some of Tyler's best precious metals investments, he's been able to know ahead of time that he's only paying $10 per ounce of silver – or $500 per ounce of gold.
With astonishing clarity we know what we're getting with every share we buy.
That's why I'm excited to reveal that my first ever issue of my brand new research service, Resource Prospector Pro is all about one of Tyler's precious metals investments.
Even better, you can take a test drive of my service for just $5. That's it.
If you haven't taken a look at what I'm doing, the time is perfect to come on board and kick the tires.
We're already up nearly 8% on the first stock (which I stole from Tyler) and I fully expect the gains to continue.
Resource Prospector Pro