The Substack Gold Standard, My Patreon Stock Performance and More

Due to the gold standard of pricing I use here (based upon a constant gold gram price of the average monthly price of a gold Canadian maple leaf coin), the annual price tomorrow this publication will increase very slightly, but the monthly price will remain the same. I take the morning price of a 1-ounce gold Canadian maple leaf coin every day, and then take the monthly average of the preceding month (i.e. the March average will determine the April subscription price of this platform) to determine the annual (always at a discount to the monthly price) and monthly subscription prices here. Furthermore, on same days, since I use the price of a gold coin in the morning session, some days the price is near the high of the day’s price and on others, it is near the low of the day.

For the curious, the average price of a 1-ounce CA maple leaf coin was US$2,019.05 last month per the above determination, with the low price coming in at $1,887.43 and with a high of $2,101.60 for the month, so it was quite a volatile month for gold coin prices last month.

In addition, if you’re wondering about the above charts, since there is some crossover between my patreon and substack subscribers, the above are performance yields, year-to-date for all of the precious metal stock picks I provided on my patreon platform.

I keep information quite different between these platorms as the articles I publish here mainly address big picture, macroinvesting and macroeconomic issues here that allow the investor to undertsand big trends, while I speak primarily of microeconomic issues such as daily gold/silver price movements solely on my patreon channel (for example, on this platform, last year I published multiple articles and predictions about coming bank failures that manifested this year, and I do not address such issues on my patreon platform).

However, there is small overlap with some stock picks provided both here and on my patreon platform, though all patreon members know to follow my guidance on patreon, despite the small overlap, and not here. Why? Because as you can see in the above grid, those yields are for all the open gold/silver stock picks I provided on my patreon platform this year. Here. I provide a mix of gold/silver and energy stock picks, so my patreon members receive a wider array and number of gold/silver stock picks.

For substack members, though gold/silver stocks have outperformed my energy stock picks thus far, do not worry. I still expect big gains for my energy stock picks that are either flat or slightly still in the red thus far year-to-date by the end of the year. A lot of my energy picks last year were in the red before going on a massive run and ending up massively positive by the end of the year in 2022. So if you’re new to the specific asset class of energy stocks I have discussed on this platform, you may not be familiar with the fact that these stocks can flounder in price for several months and that when they finally pick up in price, their gains usually come rapidly and furiously within just a few week’s time. That is the nature of these stocks. I still am confident that those types of gains will manifest for many of those energy stocks that are still underperforming thus far, year-to-date.

For the grid above, only my top-tier Patreon members, my Top Supporter and Benefactor 2 Level Members receive the top eight picks you observe on the grid, which are mostly small cap stock picks not followed by the average investor. Though typically, the mid and large cap Au/Ag mining stocks outperform the small cap stock picks when gold/silver prices start to pick up, with small cap stock prices then rising later in the cycle, this year, you can see that my small cap PM (precious metal) mining stock picks have outperformed my large cap gold/silver stock picks for the most part. And for my patreons that are reading this article, if you’re wondering why some of the yields in the above chart may be lower/higher than the current yields on all open positions, this is because I’ve compiled yields year-to-date, for all my buying/selling opinions issued in 2023.

As you know, for some of our PM stocks, I issued a buy at the end of last year, a sell earlier this year, and a repurchase for some of the same stocks divested earlier this year, that we are currently still holding as of 31 March 2023. Thus, if during our first round, we sold at a loss due to my capital preservation strategy, even if in this round, the gains are enormous, I factored in the loss from the first round to report the overall net gain. As you can see, factoring in the NET gain/loss year-to-date has produced one stock that is sitting on a very small loss year-to-date for the PM stock picks that only my Top Supporter/Benefactor 2 level patreon members receive, while the rest thus far, have produced some really nice gains as of the end of Q1 2023 (as some of these net gains are compounded as I produced gains during the first AND second round of investment for a few of these stocks in 2023).

Regarding the second grouping of eight PM mining stocks, you can see that unfortunately we took a big loss with one of the 8 stocks, while the other 7 are all profitable year-to-date. The Top Supporter/Benefactor 2 Level patreon members also receive these 8 picks, but the Benefactor Level members do not receive the first 8 picks at the top of the above grid.

The big loss we took was of course on First Majestic, due to difficult bad weather mining conditions it suffered with one of its major mines last quarter and then a suspension of mining activities at the same mine this quarter. As I stated on this platform, I think there is a much better use of the money we allocated to AG this year, and I will provide it soon on this platform. So, for my substack subscribers, most of the overlap of my energy/PM stocks that I also discussed on this platform are within the second grouping of stocks (Asset #9 to #16) above. Unfortunately, thus far, most of the overlapping PM stocks are the lower performing ones on the above grid. The reason for this is that the higher performing ones usually are the smaller-cap, more risky stocks and I feel it is only appropriate to discuss those stocks on a platform in which I discuss matters of a greater micro v. macro nature, as I feel it is important to understand what you own especially for smaller cap stocks.

That said, the PM bull is just getting started so don’t worry, I’m confident we’ll have a good run by the end of this year.

Finally, all my Top Supporter/Benefactor 2 level members know that you also receive 9 additional (mostly energy) stock picks that Benefactor level members do not receive so my top level members receive about 20 more stock picks (because I also provide a handful of speculative stock picks at my top levels that I consider to be high-risk/high-reward for those with a higher risk tolerance). For full disclosure, of these additional 9 picks, a couple or profitable, a couple close to break even and the rest are all slightly in the red. But again, I am still confident that my energy picks will move into the highly profitable category by the end of the year, as I believe they are in the “floundering” stage now but will move into a massive rise higher stage before 2023 is over.

If you’re interested in learning more about my Patreon platform click here.