Relationship between charitable work, politics and the resource industry

June 4, 2011

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In this show Al discusses:

  • Segment 1 – Joe Martin and Gordon  Holmes discuss the charitable work co-sponsored  by Cambridge House and the Lookout Ridge Winery.
  • Segment 2 – Rick Ackerman and Al discuss the co-existence of inflation and deflation.
  • Segment 3 – Bahman Yamini opines of the effectiveness and the future of the Euro.
  • Segment 4 – Al and Peter Grandich discuss reasons they invest in the resource sector.
  • Segment 5 – Dr. Dirk Burhans from the University of Missouri talks about what he looks for in resource companies.
  • Segment 6 – Keith Schaefer discusses natural gas and related investments.
  • Segment 7 – Mickey Fulp discusses his recent worldwide trip and some of  the companies he visited.
  • Segment 8 – Randy Turner discusses the opportunities associated with the great area play going on in the Yukon.

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

    Jun 04, 2011 04:43 AM

    re: seg 2. You are right Al. The financial system is certainly a Ponzi scheme. It is also part pyramid scheme. How many people realize that debt must continue to expand or the system will collapse? Now that most are no longer willing to do their part by taking on new debt, you could say that the system has already collapsed. Efforts to resuscitate will require a huge devaluation of the currency in order to effect a huge devaluation of all outstanding debt. Nominal wages could then rise, and new hiring could begin since the real cost of labor would be slashed. America would never be the same, but solvency could be restored to nearly every segment of society.

    It is interesting that in terms of gold, there was no housing bubble. The deflationists are not listening to what gold is telling us. The reason gold did not collapse alongside housing is because the money created for all the loans during the boom still exists. The people who “fogged a mirror” and signed on the dotted line were merely conduits to get new money into the system. This is why insane lending practices were forced on the entire banking system. The final disposition of both the borrower and the new debt did not matter since the big connected banks knew they would get bailed out while their competition would get destroyed.

    Who would want to own the paper emitted by a thoroughly corrupt system anyway? Mother nature might be “teaching the planners a lesson” as Bob Hoye likes to say. But what is that lesson? If you are familiar with his assessment, he thinks a strong dollar is the “lesson” or consequence. So those who conjure all the money they want out of thin air, for financial and political power, have nothing to fear but a strong dollar? Sounds more like a “free lunch” to me. No, I think the “outbreak of sound money” Hoye always talks about will be sound money itself – gold.

    ALL roads lead to gold in my book.

    Jun 04, 2011 04:00 AM


    Mother nature (A.K.A. HAARP) is certainly causing a stir around the world. In my opinion, this has nothing to do with “mother nature” and everything to do with manmade disasters — which are used to create “order out of chaos”.

    Why? To persuade the 2012 crowd into believing that the Mayan calendar was correct — thus making it easier for the powers that be to convince the dumbed down populace into believing that we are moving into a “NEW AGE” and that the alleged Age of Pisces (as supposedly represented by the fish / Jesus) is over — blah blah blah.

      Jun 04, 2011 04:02 PM

      I don’t know how your points are relevant to the topic, especially the “2012” nonsense. Now having said that, there are natural forces with causes and effects which cannot be thwarted indefinitely, if at all. Is HAARP what Bob Hoye was referring to? Does HAARP give us the laws of thermodynamics? Is HAARP to blame for Pompeii? Without an understanding of natural laws, you would have no computer or, for that matter, any other high-tech, modern conveniences. You would be left with only the very superstitions that come so naturally to you. While scientific conclusions should always be questioned, the man who rejects science altogether, rejects rational thought and is therefore unlikely to be reasoned with. Such a man should salvage any credibility he can by rejecting the products of science that make life better.

        Jun 04, 2011 04:38 PM

        The concept of man made disasters is an interesting one and, more often than not one that I find hard to believe.

        Some examples would be the devastating recent storms in Texas, Oklahoma, Missouri, etc.

        I suppose that the nuclear accident in Japan could be argued as possibly being man made, but I think that would be a stretch.

        Regarding your comment, Bentnail, about the dumber population, I have to agree with you.

        I think that the reason for that is the unwillingness of most folks to take the time to be informed and, at the same time, keeping an open mind.

        Instant gratification is a mainstay of many people’s lives and that is really sad.

        You know, the publishers of the old Mad Magazine were genius. Remember, “What me worry?” If that is a person’s attitude he/she deserves what they get!


        Big Al

        Jun 04, 2011 04:25 PM


        Making assumptions is undoubtedly your forte. Please show me where I said that the natural disasters of the past were created by man. Am I saying that all of the bizarre weather is the result of HAARP? Of course not … my point was simply that the play that it is receiving in the media is ridiculous and that in my opinion, they are doing so to stoke the fires of fear (as seen in those who have bought into the 2012 Mayan calendar lie). Maybe I didn’t express myself properly (I am very poor at writing down my thoughts, but don’t lambaste me for that — CALM DOWN!!!).

        By the way, I agree wholeheartedly with you that my comments had absolutely nothing to do with the topic — that said, I have to ask: who elected you to be the board moderator? Oh wait … it was probably your ego that signed you up!!!

          Jun 04, 2011 04:48 PM

          Had your comments not been pointed specifically at me, I would not have “moderated” them. Anyone should feel very free to address comments directed at them. Fair enough?

            Jun 04, 2011 04:25 PM

            You two gentlemen are great to have on this format, and I truly mean that.

            Thank you,

            Big Al

      Jun 04, 2011 04:57 PM

      The age of Pisces doesn’t end until 2049, according to many professional sources (look up Robert Hand on this one). Hence, like the climate-change tax collectors, the powers to be (a.k.a. sociophobes) don’t know what they are talking about. The good news is that many people are waking up, thanks to people like Alex Jones and internet talk networks (such as and the growing presence of The best way to expose a tyrant is to force them to act like one, and we are seeing this with a lot of people waking up, albeit at a slow rate. This gradual elimination of elitism and “financial lords and masters” is what the age of Aquarius will unfold as, and not some electronic surveillance of everyones’ actions (which is what the elitists are trying to force as a means to protect their status). ALL MEN ARE CREATED EQUAL is the meaning of the Aquarius Moon on July 4, 1776, not “let’s monitor everyone”.

    Jun 04, 2011 04:07 AM

    Bentnail and Matthew,

    Let’s throw one more thing into the mix and that is Mainland China. Their govt. is beginning to open its economic borders; beginning to let people invest in other countries; continuing to encourage savings in terms of gold; continuing to grow, etc. etc. and etc.

    Interesting, huh?

    Big Al

      Jun 04, 2011 04:29 PM


      My only concern with that is this: China is communist … since when does a communist government care about the well being of its people? After all, is it not all about control in communist run countries … so for me, the red flags go up when the government of China is all of a sudden pushing its people to buy gold / silver. I must admit, this one really confuses me.

        Jun 04, 2011 04:29 PM

        I agree with you. China’s government cares for it’s people the way a farmer cares for his livestock. But this applies to some degree, to all governments. By allowing the people to buy gold, the Chinese are probably acting strategically in order to maintain control in the event that there is a currency crisis. Due to the relatively small amount of gold they own, a dollar crisis could be an even bigger yuan crisis. I believe they are scrambling to get gold into their borders and have decided to allow the people to “help” them. The thought of 1.3 billion people revolting is a good motivator.

          Jun 05, 2011 05:41 PM

          Hi Matthew,

          Yep, just like that farmer.

          It does seem to be going in a direction of opening, to a degree, its economic borders.

          China is the largest gold producer in the world and, it is my understanding, that it is also a huge importer. Those two facts certainlyl do say something.

          Big Al

        Jun 04, 2011 04:01 PM

        China’s banks have recently issued a warning about the risks of owning silver to its’ people, so China isn’t exactly encouraging its’ people to run out and buy it. I’m still waiting for July, which suggests a seasonal bottom in precious metals prices.

          Jun 05, 2011 05:38 PM

          Hi Financial Astrologer,

          I was unaware of this warning by the government of Mainland China. Thanks for the heads up.

          Big Al

        Jun 05, 2011 05:42 PM

        Hi Bentnail,

        I don’t find it to be confusing. I think that it is a very strong sign that the bull market for precious metals is here to stay at least for a while.

        Big Al

    Jun 04, 2011 04:42 PM

    Great segment with Peter Grandich today. I first started investing in Canadian companies when I became a subscriber to Casey Research, and I like the companies you profile on the program.

      Jun 04, 2011 04:28 PM

      All I can say, Matt R., is I too put my money where my mouth is. We will all win or go down together.


      Big Al

    Jun 04, 2011 04:32 PM

    Regarding your natural gas segment: It appears that ethanol subsidies by the federal government may be on their way out. It appears those dollars previously committed may be reallocated in the near future to incentives for natural gas and other alternative energy sources. The natural gas export terminals that your guest was referencing is a huge speculative bet that is being placed by some companies that we will export our newly accessed volumes of natural gas.

    If the federal government gets behind the natural gas sector with incentives to assist in the conversion of our commercial transport fleets from diesel to natural gas, the bulk of our natural gas production will stay resident in the U.S. to wean the U.S. from foreign imported oil. Exporting natural gas will make less sense and it is not impossible to think that some move will take place to convert some automobile production to natural gas powered engines. Lower fuel costs, less dependency on foreign oil, significant new employment hires to support the red hot natural gas build-out, less emphasis on corn as an energy source (ethanol) and more as a food source: it is a compelling argument. This one move to endorse natural gas as an energy source addresses many of our country’s problems. Unemployment, imbalance of international trade, food shortage, inflated gas prices, low GDP, etc. As for fracking and its inherent dangers, common sense safeguards need to be imposed and enforced. This is doable and the pluses far outweigh the minuses.

      Jun 05, 2011 05:37 PM

      You know, going down fast,

      I completely agree with you. I am not an energy expert as listeners are aware, but natural gas does seem to be worth considering for all the reasons you mentioned above.


      Big Al

    Jun 04, 2011 04:25 PM

    Policing the world is just a cover story. Its about getting rich as usual. Here is a book by the greatest Marine of his time, Gen Smedley Butler, who claims this has been the case since 1898

      Jun 05, 2011 05:34 PM

      HI Wesley,

      I will read this work with interest.

      I keep remembering Dwight Eisenhower’s speech back in 1961 about the military industrial complex. Sure seems like that is getting to be a big issue.


      Big Al

    Jun 05, 2011 05:01 AM

    If Israel was not so important in END TIMES I would move to Canada myself.Even if it was just to glean from a sleouse box.It would seem pretty easy to pul an oz a day and that is getting somewhere these days.Not sure if it is legal though.Just sayin.

      Jun 05, 2011 05:32 PM

      Hi Stevie,

      Israel is important in END TIMES. Please elaborate your thoughts on this subject.


      Big Al

    Jun 05, 2011 05:43 AM

    Rick Ackerman and comments mentioned by Har about Deflation in real estate et. al., and inflation in grocery store et. al, is “insignificant” compared to deflation. That is absolutely wrong thinking, for many reasons. First thing is the deflation is occurring as a result of Peak fiat currencies and total lack of control, and for the same reason the deflation caused by “Peak Fiat Currencies” is causing massive and uncontrollable inflation and social and economic unrest around the world. Second big reason it is wrong way to look at things is, people need to eat, stay warm or cool, drink water and have some kind of safety, so to consider the deflationary versas inflationary from a monetary or just economic view is missing the big picture and is just plain incorrect. Proof of just how wrong to think this way is, Wars, wealth disparity, political upheaval and world wide revolution.

    When people think only in terms of Money or economic wealth, they are blind to what Real Wealth is.

    Jun 05, 2011 05:13 PM

    Natural gas sounds great. How ever is it safe in your car?
    If it leaks it could blow you to kingdom come.
    Thats my only thought. I do like Peter and Rick , they are the best in the business.

    Jun 05, 2011 05:31 PM

    HI Denis,

    Thanks for your comment about Peter and Rick.

    You know, no person is correct about everything. That is why, in my opinion, it is so damn important to listen to everyone and glean from each what you think is important and thought provoking.

    Don’t know much about natural gas other than the gold old US of A needs to find an alternative to oil and we do have huge gas reserves.

    Many thanks for your comments, Denis.

    Big Al

    Jun 05, 2011 05:45 PM

    To all of you,

    I am in Vancouver, B.C. taking part in the Cambridge House International Investment Conference.

    I am sorry that I am somewhat late getting back with my responses to your comments.

    Getting some great radio segments up here and that should make up for my tardiness.

    Best to all,

    Big Al

    May 08, 2012 08:52 PM

    Oh my GOSH! I want to come down Abe is out of town. Agghhh this is just what I wanted. PS love the last post danirlg kids and love that cute little girl’s hair! If I come up with something for Saturday, I’ll call. I’m so wishing I just lived down the street.