Investors Are Spooked... And That's Great News for Our Biggest Winner of All Time

Longtime Stansberry Research subscribers should recognize today's stock.

True Wealth editor Steve Sjuggerud recommended the company back in 2005 when shares were trading around $3. Four years later, he recommended that subscribers exit their position in Seabridge at more than $30 per share. Readers who followed his advice locked in gains of 995%.

The company turned out to be the best-performing recommendation in Steve's career so far. It stands as the best-performing recommendation in Stansberry Research history...

And given the uncertainty in today's markets, it could be set to soar again.

The U.S.-China trade war, Brexit, and tensions with Iran and North Korea all have investors on edge. With a lot of uncertainty and risk in the markets, investors need to make sure their portfolios are protected... And they're looking for ways to hedge themselves.

Just this past week, U.S. economic data sparked more concerns about the U.S. economy. U.S. manufacturing activity hit a 10-year low, while non-manufacturing activity hit a three-year low.

To combat the slowdown, central banks around the world are slashing interest rates to support their economies.

And low-interest-rate environments (like the one we're in now) create more demand for gold... which is great news for today's company.

In fact, the management team of today's company thinks the Federal Reserve's rate cuts will push gold prices to a new all-time high. And if the past is any indication, when gold rises, today's stock soars.

This week, we're highlighting Seabridge Gold (NYSE: SA).

The gold exploration and production ("E&P") company is sitting on more than 61 million ounces of measured and indicated resources of gold.

And 45 million ounces of that are "proven and probable" reserves. (That means that 90% or more of the reserves can be mined in an "economically viable fashion.")

A large portion of these gold reserves sit in one project that Seabridge has 100% ownership of and has spent two decades developing: the KSM mine.

Based in British Columbia, KSM is one of the largest gold projects in the world. Its name is an acronym of the names of neighboring valleys full of copper and gold: Kerr-Sulphurets-Mitchell. When you put them all together, they make up one of the world's largest undeveloped copper and gold project...

While Mitchell is one-third of the name, it actually makes up a quarter of the project... The peak next to Mitchell – called Iron Cap – is currently delivering KSM's best-ever grades of copper and gold.

The sheer amount of gold and copper here is extraordinary. KSM currently has nearly 40 million ounces of proven gold reserves, and more than 10 billion pounds of copper.

At Seabridge's current market value of around $812 million, you can buy Seabridge's gold in the ground at KSM for just under $21 an ounce. (That's $812 divided by 39.) And you're getting all of Seabridge's other precious metals reserves for free – including its copper and nearly 200 million pounds of gold. At today's prices ($2.60 per pound of copper and $17.50 per ounce of silver), that comes out to $30 billion worth of reserves.

But Seabridge has no plans to produce that gold itself... Instead, it will partner with a major gold or copper company, which will come in and build the mine.

Of course, KSM isn't Seabridge's only high-quality asset. It has 100% ownership of three other mines in Canada and the U.S., as well. Its second-largest project is the Courageous Lake mine in Canada.

Courageous Lake has 8 million ounces of measured and indicated gold reserves... with 6.5 million ounces proven and probable. This project has one of the largest undeveloped gold deposits in Canada.

Having large amounts of high-quality gold reserves is great. But Seabridge isn't done yet... The company is still primarily focused on finding more and more gold.

Last year, Seabridge reported that its inferred gold reserves increased by 20 million ounces. That came out to a massive 302% increase.

Then in March of this year, Seabridge announced that it was increasing the amount of "indicated and inferred" reserves at the KSM mine. While these reserves may not be proven, they still represent a huge opportunity.

Since Seabridge sits on such massive gold reserves, its stock price is sensitive to swings in the price of gold.

Steve thinks of shares of Seabridge as the ultimate "Golden Lottery Ticket." Every time gold prices rise, Seabridge shares are likely to soar.

After gold bottomed in 2001, Seabridge shares soared nearly 7,000% by March 2008.

From July 2015 to June 2016, the price of gold moved 21%. And Seabridge soared 300%.

We've already seen an example of it this year...

From late April through September 4, gold prices rose more than 20%. Over the same period, the S&P 500 Index rose less than 1%... while Seabridge returned nearly 50%, dwarfing the return of both gold and stocks.

So with gold prices supported by economic uncertainty and low interest rates, Seabridge could be set to soar.

Sometimes investing is simple.