On this week's Stansberry Investor Hour, Dan and Corey welcome Nick Hodge to the show. Nick is the editor of Underground Alpha at Digest Publishing and an expert natural resource investor.

Nick kicks off the show by discussing how he got into natural resource investing. He says that he began with a focus on clean technology but switched lanes after the great financial crisis hit. Sharing a case study, Nick talks about antimony miner Perpetua Resources and notes that "the smart money is now here" in the natural resource space. Nick also makes his bullish case for $5,000 or $6,000 gold over the next 12 to 18 months – there are more buyers than sellers, the metal is "underowned," and crypto traders continue to enter the space...

These crypto soldiers are training for the gold Army. They were learning about things like fiat currencies and what that meant [eight to 10 years ago]. And they were learning about things like counterparty risk and what that meant. And I think there's still some of those folks and some of that money. That crypto money that's going to come into the gold space could be another driver.

Next, Nick says his specialty is evaluating junior miners, so he dives deep into what he looks for in each company – both in terms of share structure and management. After that, Nick covers human psychology versus the cyclical nature of natural resources, the U.S. outsourcing the production and refining of rare earths and minerals to China, and why the federal government is now scrambling to reverse the outsourcing. He explains that we're still at the very beginning of this growth trend, so there's time for investors to profit for years to come...

The inertia is so great. Like I said, we need 50 million pounds of uranium. We produce less than 1 [million pounds currently]... We had a 12- or 15-year dearth of capital, a dearth of expertise. And that's not solved with a couple of hundred-million-dollar government checks. You have to have real action, right? And you have to have continued investment.

Finally, Nick explains the nuance in precious metals investing, including the difference between heavy and light rare earths. He then shares the name of a technology company he likes today that tracks and digitizes mining-company data. Nick says that it "brings mining out from the opaque nature that it has into a transparent nature." And he closes with a conversation about the importance of investing in precious metals in such rough economic times...

These politicians on either side aren't there for you. You see how they enrich themselves on both sides of the aisle while the middle class continues to erode. And we get this K-shaped recovery ever since COVID and then the vast wealth inequality. So I firmly believe you need to focus inward and on your family and do what's best for you and be an asset owner.

Click on the image below to watch the video interview with Nick right now. For the audio version, click "Listen" above.

(Additional past episodes are located here.)

The transcript is coming soon.

This Week's Guest

Nick Hodge is the co-founder of investment service Digest Publishing. At Digest, he produces multiple publications, including the free daily newsletter Daily Profit Cycle, as well as paid newsletters like Foundational Profits, Digital Dispatch, and Underground Alpha. He also co-hosts the investment podcast Investing in Bizarro World and has written two books: Investing in Renewable Energy and Energy Investing for Dummies.

Previously, Nick founded the Outsider Club and grew it into a major financial publishing powerhouse that reaches hundreds of thousands of investors and brings in tens of millions of dollars in revenue. Over the years, he has made millions for himself and his clients while helping to finance some of the most exciting early-stage companies in the resource, energy, cannabis, and biotech sectors.