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Sean Hyman looks at 2013

Big Al
January 12, 2013

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Discussion
19 Comments
    Jan 12, 2013 12:14 AM

    Big Al,
    This is NOT anyway directed at any of your guests or so-called experts in general. As I mentioned on your show last year in brevity, I am constantly astounded by various individuals giving predictions on PM’s etc., that are, for the most part very contradictory – IF you look at the them as a COMBINED body of information – The ONLY conclusion you can draw on is the STRONG fundamental basis behind real, hard assets and investing in THINGS that make the world go-around. Until the fundamentals change and change drastically, there is absolutely NO reason to change the investing strategy. LETS ALL SIT TIGHT AND BE RIGHT! IMO.
    All the best,
    Marc

    Jan 12, 2013 12:38 PM

    I agree, consider also that this show tends to deal with all hard assets and their allocation….as well as people’s hard earned investment capital….if a seasoned trader thinks there will be a significant correction or appreciation in one asset class, I want to hear about it not only for capital gains purposes; but also to prevent a short term loss.

    I write as a small retail investor who cares about capital preservation, who does not trust bonds or currencies to beat inflation.

      Jan 13, 2013 13:35 PM

      Definitely agree with your comment about bonds.

      Currencies? Not sure at this point.

      Big Al

        Jan 13, 2013 13:53 PM

        Gold is the ONLY currency is that has my ABSOLUTE trust….followed by Norway(oil), Singapore and Canada.

    JJ
    Jan 12, 2013 12:50 PM

    Hey marc, although everyone here is aware of precious metals and regardless of how the main street media continues to make out like the sector is overloaded with investors….gold and silver are very, very much under invested…..and our host here is a perfect example, Al is constantly surrounded by pm’s experts….yet he has a nominal % exposure to gold and silver….go figure?

    Many of the so called (self labled) pm’s experts themselves have very little of their net worth behind their opinions….Sprott is the exception!….whats funny and its repeated time and time again during bull markets as they trade higher these same under invested individuals will be buying/adding at much higher prices.

    CHEER$!

      Jan 13, 2013 13:37 PM

      Not sure I have minimal exposure when you consider that now over 50% of our capital is in this sector.

      Big Al

        JJ
        Jan 13, 2013 13:06 PM

        Al, do apologize!….all this time I thought you had only a 10% exposure to pm’s…..I guess I got you mixed up with D.Morgan

        Welcome Al to the Band of Brothers………..

          Jan 13, 2013 13:12 PM

          Thanks JJ, I have been a member for a long time now!

          Best,

          Big Al

    Tom
    Jan 13, 2013 13:12 AM

    Please guys…take a look at NES.V…at the 1.80 level it’s a very good place to start accumulating.

      Jan 13, 2013 13:07 PM

      Okay Tom,

      I will take a look at Newstrike.

      Thanks,

      Big Al

    Jan 13, 2013 13:55 AM

    I got out of the stock market in Dec 2012 because of the new capital gains taxes and dividend taxes in 2013. I just got back in, so even if the precious metal miners go down all I can do is buy more. I’m prepared to wait for the long haul now, 2 years or more while I sit on dividend-paying precious metal junior miners.

    I don’t think I’ll have that long to wait for stocks/metals to go up, however.

      Jan 13, 2013 13:09 PM

      I think that you are probably correct, jhpace1!

      Big Al

    Jan 13, 2013 13:01 PM

    World is in recession and Chinese exports are rocketing up. You can’t believe Chinese data and many of their companies trading on North American exchanges have been found to cook their books like that lumber company on the tsx which was a major recent fraud and stopped trading for good – Sino Forest. I wonder if some of their mining companies do the same. Sino-bre-x ?>now that sounds like a good company to invest in.

    http://www.zerohedge.com/news/2013-01-13/even-goldman-says-china-cooking-economic-books

    Jan 13, 2013 13:47 PM

    PAUL …….Yes goldman would say that, a bit ironic really considering they are one of the biggest chef.s in the kitchen.

    Aug 18, 2013 18:45 PM

    Hi Sean,
    I have some thousands dollars in the bank, It is all my wealth, after a divorce and others situations my financial situation is harsh. I always have been interested in investing but know so little about it. How can I start and what do you recommend me? Thank you in advance for your time in responding to my inquiry.

    Sep 24, 2013 24:52 PM

    Sean Hyman says in this interview that gold is forming a base round $1600. Gold now $1350.

      Sep 25, 2013 25:33 AM

      Sean has not been on the Show for quite some time now.

      Not necessarily because of this call though because nobody is perfect.

    Sep 24, 2013 24:58 PM

    If you had followed Hyman’s thinking on gold you may have lost around 15%

    I just watched his Ultimate Wealth Guide with its allegedly biblically inspired approach to investment. He gives only 2 public examples of where his predictions made money – Bestbuy is the most famous of these.

    Even a stopped clock shows the right time twice a day…

    Hyman likens himself to Warren Buffet – but the last thing Buffet would ever do is just follow someone’s newsletter…

      Sep 25, 2013 25:34 AM

      I worry about people in the business world who sell a product because it is biblically inspired.