I have mining shares and ETS’s of silver and gold. Al and Rog you nailed it by saying one may get ahead of the other. As for the miners go the metal is still in the ground and it is not easy to get it out and refine it to .999.

That is true re the miners.

I think that the point is that there is something tangible and of value in the ground.

Thanks for the comment, Paul.

Best,

Big Al

Al,
The silver stocks price not keeping pace with the physical silver price,..according to another market news report,(I will have to check out again,) because
GOLDMAN SAKS is shorting the silver stocks.

This could be some of the questions Wes has.,

Goldman is playing the two against each other,,, silver stock vs physical silver,
Lets face it the big boys are going to do everything possible to hold the lid
on silver..and goldman knows the inside game of the government.
This discussion may require that you(Al) or Roger check out why
the govt. saved Lyman vs. Bear Sterns., and gave the company to
JPMORGAN…., This is all about manipulation of the markets….
silver, silver stock, gold..etc.
Respectfully
Jerry

Hi Al,

You are preaching to the choir here. I might just add that maybe some of your listeners are on edge and a little extra skeptical because their expertise is elsewhere. Imagine you are a doctor, engineer, or simply someone who is not suited for, or interested in the financial markets. With your time and energy used up, it can be far more than a little daunting when trying to figure out if you are being had. Throw in the 2008 crisis and the recognition that something horrific awaits, and the potential for flaring emotions exists in each of us. This is how bad decisions are made.

There are no easy answers, but I am personally 100% satisfied that you and Roger know what you are doing. To switch the focus of your show when you did is about as good as it gets.

Congratulations on your $14 silver by the way.

Matthew

OK. Lets look at things from a different perspective and I will use myself for example. In last 3 years my stock portfolio which is and has been mostly PM Mining and Oil stocks is up an average of 50% each year even though 08 was flat. So, “IF” and I put a big IF, I had taken all my money in 08 and purchased strictly gold bullion I would have at this moment about 3,500 ounces of gold. Now I look at my stock portfolio and add all my cash and divide that by todays gold price and then add that total ounces of gold to the amount I have to date and my total gold today would be about 2,700 ounces.

In other words before anyone can evaluate their earnings or so called gains in a portfolio, use ounces of gold as the numerator instead of dollars and they will probably come to a realized shock that they have actually lost money during this period of a gold bull market, unless they had all their money from the beginning into Gold bullion at the outset.

This is the so called “Wealth Effect” or MOPE as our dear friend Jim Sinclair is talking about. When I look at my stock portfolio and all the “Dollars” I have made, I am fooling myself because I should have put all my initial investment into gold at the beginning. But look, it has been fun and without playing the market I would not be looking forward everyday to listen to the wise words of Al and Roger.

Thanks guys, I do appreciate everything and at least I can laugh at myself for thinking I have made some money. P.S. Just think of those poor souls out there who put all their money into treasuries.

AL. This year is going to be different. I have a sneeky feeling, sell in may &go away is not going to happen this year, i think may is going to trow up some big supprises.

I will say two things, as the old saying goes , “If you think education is expensive try ignorance.” My first point is that you must always educate yourself in the business of investing. No one else can do it for you. Even professionals in the industry have to get up early to study the markets before they open, and then study the activity of the markets when they close. All traders, investors, and investing professionals are different. I think if you were to ask a random group of 100 investors what their investing strategy is you would probably get a 100 different answers. I think the best strategy is the one that works for you and helps you to reach your financial goals.

The second is that if your study the activity of resource/precious metals stocks from the Gold Bull Run of 1975-1980 you will find that when gold doubled in value the mining stocks increased in value by 4-5 times (400-500%). Bob Chapman of the International Forecaster newsletter, covered this topic very well in this interview at the Contrary Investor’s Cafe http://www.contraryinvestorscafe.com/wp-content/uploads/2011/02/bts_02162011chapman.mp3

I also want to say that you it is critical for you to do your own due diligence on any investment. I also think if you are interested in investing in a junior mining stock call up the company’s management and ask them directly questions about the company. An even better approach is to set up a meeting and meet with company’s management face to face. I think in most cases they will be happy to see you and answers all your questions.

I also want to say in my opinion Al and Trader Rog have profiled excellent companies and excellent stocks. I have meet personally met the management of a few companies they have profiled, and found them to be intelligent and capable people. I feel that this is just the beginning of a great run in precious metals and junior mining companies. I have experienced very positive returns in this market, and I think most investors will do well in it. It is very important to educate yourself about the risks and rewards of investing in mining companies. I think one good site for online education about the industry is Edumine.com at http://www.edumine.com/welcome_intro.asp?audience=intro

I value the dedication that Al and Trader Rog have for covering the precious metals markets and junior mining companies. I am thankful that that give us daily coverage of the markets and investing opportunities. I also wish all other investors good luck and good returns in their investing.

Why is gold valuable? Why is it money? Jeff Clark of Big Gold writes,
“By the end of the weekend, I was reminded once again just how much hard work is required to bring an ounce of gold to the market. It takes teams of prospectors risking sometimes everything they’ve got on the hope they might find gold, many of whom fail; another team of people with deep pockets to take further risk that they can economically develop a deposit, which isn’t always successful; and a final, even bigger team with millions and sometimes billions of dollars to dig that gold up, process it, and send it off to a refiner. The entire process can easily take a decade or more. This is the reason a gold standard works; it forces discipline, because you have to wait for the “money” to be found, processed, and circulated.
Here is the link to a very interesting video that takes a look at gold as compared to the other elements on the periodic table. A chemist shows why gold is unique in it’s qualities that singularly makes it the best unit of hard money. Definately worth your 4 minutes. Amazingly, it was featured on NPR.
http://www.youtube.com/watch?v=r-o79vfBDJ4&feature=player_embedded#at=215
Regards to all,
Dan

All of your comments here are great!

Don, I will watch the video and I agree with you completely re: gold standard.

Madirishtony and Matthew, I think you are both correct. A growing number of the guests on our show are moving into this direction. Listen to my conversation with Rick Ackerman on Kitco today.

Clay, I am not sure that Roger and I are that much fun to listen to when the cost, in your case, is that high. I am active in the stock end of this sector because it is so much damn fun and, so far, it has certainly worked for us financially.

Jerry, have you read the new book concerning Goldman?

Best,

Big Al

No No No! Bernanke and his thugs must be laughing at you. The Wall Street banksters and Washington thugs are naked shorting the gold stocks with paper fiat trash printed at will. It’s easier to short stocks rather than the physical metal. Same goes for the stock market. Bernanke admited to market manipulation! WAKE UP GUYS! IT IS RIGGED!

Hello Big Al Martin,
Welcome to Big Al’s blogspot. We are developing into quite an interesting community here. Many of us have been regular listeners and contributors since its inception. Hey, we’re with you. We’ve been kickin’ the idea of silver and gold market manipulation around for quite some time. I’m guessing most of us that contribute are on the same page regarding manipulation by Goldman and J P Morgan, as the right arms of the Feds. We’re aware it’s rigged, that’s why we’re here, investing in the hard assets and PM mining stocks. I don’t think “helicopter Ben” is laughing however. Whenever I see him speak he looks nervous and very much like he’d rather be somewhere else. They know the game is up and that it’s only a matter of time till they completely lose control. The Feds, Banksters, Aministration elites, and whoever else makes decisions are loosing their grip on the naked shorting game, hence gold and silver continue going up. They may be slowing it down, but they can’t stop it. One day we’ll be laughing at him. Buy more silver! Best wishes for many multiples of gaines!
Dan