It was easy to talk folks into buying gold stocks like Orla Mining (ORLA) just a month ago. But since the start of the war with Iran things have soured dramatically.
Why?
The spike in oil prices is exacerbating an already troublesome inflation picture for the US.
This makes it more likely that rates will go up in the future than the previous rate cutting path. And that strengthens the US dollar…and that begets lower gold prices.
Now for the good news.
The US clearly has no stomach for a lengthy battle in Iran explaining why they are talking about wrapping things up before the end of April.
The REAL reason for that is that the spike in gas prices is infuriating the population which lowers the odds of Republicans winning midterm elections later this year. And thus they need to quickly unwind this situation so inflation and the economy mend before folks cast their ballots.
Ending the Iran war = lower energy prices = lower inflation = Fed more likely to cut rates = US dollar weakens = gold prices bounce back to previous highs if not higher.
Yes, you could just buy gold. But why do that when gold miners typically outperform by 3X.
This brings us back to the case for Orla Mining (ORLA). This mid cap gold miner is the “just right size” to enjoy outsized returns from the looming bounce in gold prices…but not too small as to be overly risky.
Best of all is how the Zen Ratings smiles on this stock:
Top 18% Value
Top 17% Sentiment
Top 10% Growth
Top 10% Financials
Top 2% Overall Rating (think A+ grade)
Shares previously hit a high of $21.98 back in February before the Iran conflict kicked gold in the nether regions.
Most certainly I see shares bouncing back to the previous high with $27 to $30 being reasonable targets before the year is out. That makes ORLA a very attractive buy now closer to $17.
What To Do Next?
Orla Mining (ORLA) is just one of 20 stellar stocks found in my Zen Investor portfolio.
Each stock was selected by harnessing the power of the Zen Ratings along with my 40+ years of successful investing experience.
This dynamic combination has us pinpointing stocks with the unique opportunity to double or more in the next 1-2 years.
And the next 2 timely buy recommendations are being shared with Zen Investor members on Wednesday morning April 8th.
Gladly it's never been easier to become a Zen Investor member given the opportunity to save 50% on the subscription price.
Time is a tickin’
Discover Zen Investor portfolio & 2 New Stocks Coming Wednesday >
Wishing you a world of investment success!

Steve Reitmeister…but everyone calls me Reity (pronounced “Righty”)
Editor of the Zen Investor
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