|

How to Find Money at the Bottom of the Ocean

More than 70% of the world is covered by water, so why aren’t more people talking about the riches to be found under the sea?

I don’t know the answer, but that’s OK. It means more profit opportunities for us.

As we’ve mentioned over the last several weeks, we’re all about finding outside-the-box ways to increase returns, which is why we’ve lined up a great guest speaker roster for our Irrational Economic Summit this fall.

In addition to the annual in-person insight provided by Harry, Adam, myself and the rest of the Dent Research crew, we’ve invited experts in space exploration, cryptocurrency, and marine exploration, among other topics, to speak about their uncommon, and potentially lucrative, fields.

We’ll dive into the details (no pun intended) to determine if these endeavors are the real deal, or just hype.

One presenter will be Odyssey Marine Exploration (Nasdaq: OMEX) CEO Mark Gordon. He leads a company that once focused on finding shipwrecks and treasure (legally), but has turned its attention to deep-sea mining.

I spoke with him last month for an interview that we first released to Boom & Bust Elite subscribers. It was an insightful conversation on an interesting concept, so for this one rare occasion, we thought we’d share it here, and offer everyone a taste of the ideas we’ll talk about at the summit October 12-14 in Nashville, Tennessee.

I’ll interview a few more of our presenters, including RealVision founder Raoul Pal and cryptocurrency expert Michael Terpin, exclusively for Boom & Bust Elite subscribers as we get closer to the summit.

In this interview, I spoke with Mark about Odyssey’s history, the company’s pivot to mining, the specific valuables that lay at the bottom of the oceans, and the opportunities and challenges involved in the industry.

Author

More from Dent Research Team of Analysts
Share:

Editor's Picks

EUR/USD struggles to hold above 1.1800 ahead of US data

EUR/USD finds it difficult to gather recovery momentum and retreats below 1.1800 in the second half of the day on Thursday. The US Dollar (USD) stays resilient against its peers after the hawkish surprise in FOMC Minutes, weighing on the pair ahead of the next batch of US data.

GBP/USD recovers above 1.3500 amid better mood

GBP/USD finds fresh demand and rises back above 1.3500 in the European session on Thursday. Improving risk sentiment and renewed US Dollar weakness are helping the pair recover ground ahead of mid-tier US data releases and Fedspeak. 

Gold retreats from daily highs, trades below $5,000

Gold finds it difficult to stabilize above the $5,000 psychological mark on Thursday and trades slightly below this level in the early American session. Escalating geopolitical tensions in the Middle East help XAU/USD hold its ground, while the broad-based USD strength caps the pair's upside.

Injective token surges over 13% following the approval of the mainnet upgrade proposal

Injective price rallies over 13% on Thursday after the network confirmed the approval of its IIP-619 proposal. The green light for the mainnet upgrade has boosted traders’ sentiment, as the upgrade aims to scale Injective’s real-time Ethereum Virtual Machine architecture and enhance its capabilities to support next-generation payments. The technical outlook suggests further gains if INJ breaks above key resistance.

Hawkish Fed minutes and a market finding its footing

It was green across the board for US Stock market indexes at the close on Wednesday, with most S&P 500 names ending higher, adding 38 points (0.6%) to 6,881 overall. At the GICS sector level, energy led gains, followed by technology and consumer discretionary, while utilities and real estate posted the largest losses.

Injective token surges over 13% following the approval of the mainnet upgrade proposal

Injective price rallies over 13% on Thursday after the network confirmed the approval of its IIP-619 proposal. The green light for the mainnet upgrade has boosted traders’ sentiment, as the upgrade aims to scale Injective’s real-time Ethereum Virtual Machine architecture and enhance its capabilities to support next-generation payments.