Understanding the Junior Resource Sector Bear Market
From John Kaiser…
“I have just published an unrestricted blog article that in Kaiser style with all the graphics prints out at 30 pages. It is an attempt to articulate what I publicly squeezed into 30 minutes on June 1 during my Cambridge keynote and the 60 minutes plus at the University Club in Chicago (links to the presentations are provided). Its theme is the nature of the current bear market and why there is so little the individual or the company can do to change those conditions other than manage to deliver something monumental at the fundamental project level. It also frames why I have put so much effort in salvaging EMC and its scandium narrative.
http://www.kaiserresearch.com/
I also showcase a number of my favorite picks because at this point I think KRO members have their fill of my existing recommendations. So it is time to spread the word to the masses since the brokerage elites have become impotent. EMC, Tsodilo, NGE, Uravan, InZinc, Avrupa, Geologix, First Point, Tasman, Northcliff and Namibia Rare Earths get mentions, though not much detail. That latter deficit could generate a positive response, so be forewarned that in a couple days when I figure out how not to fall afoul of Canada’s new anti-spam legislation I’ll let all the lapsed KRO members know about what I believe to be a rather important assessment of the state of the junior resource sector and those juniors among others I think can excel as standalone successes.”
John Kaiser
BUY SILVER.
I vote NO for all stocks, I own being taken over; and YES for all stocks I own taking over. Because I believe resources are too cheap right now, compared to where they will be in a few years…..the world really is running out. Bar a nuclear or disease holocaust that wipes out a significant percentage of the world’s population, things, real things, will be much more expensive a few years from now than you imagine in real money terms. We may have real money collapse before then, or at least a crisis, but I look to the long term.
On the horizon: we have a potential bond default in Argentina. I don’t know if that will trigger a collapse of the derivatives mess. (I know the central bankers are running hard to prevent it) But if/when the derivatives situation collapses, which it will eventually, holding paper will not be of much use. Mass ownership laws will change, Governments will steal to get out of the mess. All hell will break loose. When and how, I don’t think many people know. In the meantime the Fed is not tapering really. The overt part of their action may appear so, but devious things happen behind a clueless and non-questioning press.
Now I have to put my silver foil hat back on, before I get a head-ache!
Red wine can certainly be an effective substitute for the tin hat!
I believe in Silver foil hats, Big Al, only the good stuff for me…..have to live to my name. Happy 7/4. At least you have the right choice in color of wine!
And women and friends!
See, you make your own luck!
Pretty much Professor!
Talk that book, there, John-boy.