More fun with investing and politics
Click download link to listen on this device: Download Show
In this show Al discusses:
- Segment 1 – Al and Jeff Deist discuss the importance of each individual taking responsibility to make all things better.
- Segment 2 – Al discusses Beacon Rock Research with founder Mike Nihauser.
- Segment 3 – Anthony Marsh, from Sprott Global, discusses platinum and palladium.
- Segment 4 – Sean Hyman, Editor of the Ultimate Wealth Report, discusses why he like precious metals and stocks in this sector
- Segment 5 – David McAlvany, of McAlvany Wealth Management, discusses the U.S. economy.
- Segment 6 – Jeff Pontius provides an update on the exploration work currently underway at the North Bullfrog Property of Corvus Gold.
- Segment 7 – Cory and Carter of Resource Spots discuss the similarities between the EU and the U.S. along with the magnitude of the U.S. debt with Al.
- Segment 8 – Lawrence Roulston discusses his views on the potential of the resource sector during 2013.
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
richard….I agree with you on the enjoyment comment…as mentioned before, I like platinum….,just because of the diversification in pms….and easy sale here in the US,if and when one wants or needs to sell…..Platinum is easily sold to jewelers, coin, and bullion buyers….and has been in the maker place , longer than palladium….
As, Anthony mentioned, substitution because of expense…in the auto sector….
I do think because of the overall cost,palladium,for diesel engines is attrative,
but, there is a limited market for diesel engines in the us market, because of the cost of the engine,now if we are talking about trucks,I understand,some of the diesel truck, are being overtaken by nat.gas engines…..but, worldwide diesel engines are a different story for the germans, and europe,markets…..I do not think there is much demand in China for diesels, but, the Chinese like to cut corners, and I do believe that palladium might be a good play, because of the 20million car sales in China….which is only going to grow….Either, way….I agree with you these metals are very interesting…..
just my two cents worth….OOTB jERRY
Jerry, also interesting is his comments and recurring theme of many others of how difficult it’s becoming to find and mine all the various resources. Just that theme, apart from inflation/currency depreciation should tell us the price of these assets should outstrip inflation over time.
I dont always like ETFs , but that being said , I am in WITE metals now, up slightly , after 2 months . PALL also exists. I have owned PAL north american paladium for several years . i think the bullion or ETFS of the bullion may make some money in the next 6 months. good health to all Scott
Scotty, I’ve just begun to purchase PAL—–They’re going to have to spend some significant dollars in development but if the price of palladium stays up or moves up, then they should be okay and should be a good long term play. PALL looks like it is bottoming.
Great review! You acltaluy touched some nice things in this post. I came across it by using Google and I’ve got to admit that I already subscribed to the site, it’s very great
Good tip thanks for shnraig. However, I don’t believe that joint cardholders are eligible for the sign-up bonus again, which could be okay since the Freedom has a low sign-up bonus of 10K points.
All that talk about monetary policy and governments solving ANY problem should be a clear indication that the citizen should get MORE power and the CIVIL SERVANTS much, much less.
No need for secession, nullification is more than sufficient.
This can be done through:
Jury Nullification
State Nulllication
Congress Nullification
Wake up people, the individual has way more power than we are led to believe, and no crumbs from the discrict of criminals will change that.
Here`s an example of ONE individual getting educated and putting the system back where it belongs:
Perhaps the most telling acknowledgment takes the form of tens of thousands of complete, 100% refunds of every penny paid-in by, or withheld from, American men and women in connection with the income tax– Social Security and Medicare taxes included. These most concrete of admissions have been being made by federal and state tax authorities steadily for years and years now to those who know the liberating truth about the tax.
“Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives.”
-James Madison
I have never missed the irony when reflecting on many of Madison’s insightful quotes that his name has been given to the street from which most of our societies’ misinformation is generated.
It’s kind of like finding Andrew Jackson on the twenty -or any fiat paper. The powers seem to get a kick out of mocking those who tell it like it is.
I guess we can eventually expect to see a picture of Al on a hundred sometime soon.
Dennis…..that is a good one…..
Matthew…..that is also, a good one…….
Ditto and ditto. That’s the kind of knowledge that Dennis’ original comment requires – recognizing contradiction and hypocrisy.
@Matthew – I have not missed the irony either that the “Jackson hole” meetings are held every year by the Fed.
Andrew Jackson When asked what he felt was the greatest achievement of his career Andrew Jackson replied without hesitation “I killed the bank!”
ABOUT THE JACKSON HOLE ECONOMIC POLICY SYMPOSIUM
Since 1978 the Federal Reserve Bank of Kansas City has hosted an annual economic policy symposium.
http://www.kc.frb.org/publications/research/escp/jackson-hole-info.cfm
Actually, that’s a different Jackson. I used to live minutes away from Jackson Hole (locals just say Jackson). It was named for after David Jackson, a beaver trapper, and was originally Jackson’s Hole. Hole meant valley. Ogden, Utah, was originally Ogden’s Hole.
I think the Fed meets in Jackson for the same reason any of us would -the beauty. The Rockefeller’s have quite a history there. Kissinger Lakes are in a remote area just SW of Yellowstone. I believe it’s their “Switzerland.”
Jackson Hole is a very special spot. Only been there once when Kathy and I took the girls skiing on the other side of the mountain to Grand Targee. (Probably spelled wrong.)
Those mountains are simply the best!
Big Al
One part of the resource sector that I am looking at (and that does not get quite as much attention on this site) is the uranium miners. After Fukushima, most of the share prices collapsed. I bought some shares in December of last year thinking the worst might be over, but some of the juniors have dropped 50+% since the beginning of this year (and 80-90% from Fukushima), far worse than most of the gold/silver miners. This is a sector that I think investors should take a look at and I will be doubling down on some companies this month.
Morning Jimmy,
Please give me some examples of your favorites.
Big Al
Sure Big Al. Two companies that I already have positions in and am looking to add to are U308 Corp (TSX: UWE) and Strathmore Minerals (TSX: STM). Keith Barron is on the BOD for U308 and the press releases seem to be very positive for the company but the stock has taken a nosedive. They are also trading at a discount relative to their peers. I think the reason for the discount is because their projects are in South America but it doesn’t bother me as much given what Keith has done with Aurelian in Ecuador.
Strathmore is a company that was recommended by Mickey Fulp. I like that their assets are in the US and that they have KEPCO as a strategic investment partner. I think there were two headwinds for the company that caused the share price to tumble. First, they retracted an earlier resource estimate but I think they are in the process of getting it NI 43-101 compliant. Second, they acquired a copper-gold company and I don’t think investors were too pleased about this. I still think this is an interesting company to speculate on.
There’s also an ETF under the symbol URA which contains a basket of uranium miners. I also own shares in this ETF as a general play on the whole uranium sector.
Make sure that you read Mickey’s disclaimer, Jimmy.
Big Al
“Al and Jeff Deist discuss the importance of each individual taking responsibility to make all things better.” –
Mr. Deist knows homeschooling is probably not within reach for most people. In most cases, state law allows just as much freedom into the curriculum taught by school districts, and that is something Campaign For Liberty needs to communicate far and wide. Getting control of school districts curriculum will garantee the country will start moving in the right direction by a meaningful degree.
Just maybe Mr. Deist knows homeschooling is a no brainer probably within the reach for most people who properly set priorities.
What sense does it make to make a ‘within reach’ economic decision to send your kid to free public indoctrination so you can support a dry walled McMansion?
Is the thrown up fortress worth it to subject your family to the anti-family McGraw Hill curriculum?
The pleasant sounding social justice of it all which arrives you at an intellectual demarcation with your own child?
“Free” public schools are the most expensive things most families experience.
Authority figures telling your children that you are problem with the world.
It is the insidious destruction of the family unit that puts many children permanently out of the reach of their parents.
All things considered sending your child (ren) to free school can be the most expensive decision you ever make. Most of the expense will not be found allocated this way on a ledger. Maybe it will just be the stare a fourth grader gives her parent after forty minutes of a subversion called “Social Studies
Another interesting point, Dennis M!
Not sure if I, at this point, completely agree. Trust me, I will look into this for my own sake.
Remember that we sent out girls to parochial schools and today they are all doing just fine. We gave up a lot materialistically when we made that decision back in those days. But, it was a no brainer for us.
Again, interesting comment on your part.
Big Al
Big Al
I send my two children and wife to parochial school.
I married a Kindergarten teacher.
Dennis M,
I married an occupational therapist who knew better!
Big Al
“…dry walled McMansion…thrown up fortress…” – Not sure who you`re talking about. People in my neighboorhood live in prefabs, and they don`t look like McMansions. And to afford the driver`s fees, food, insurance, etc, etc. both need to work.
“Free” public schools are the most expensive things most families experience – Since they`ll take the money anyway, wouldn`t it be wise to at least take control of the curriculum?
None of what I stated finds favor in your mind?
Missive,
I was in no way referencing anything about you.
Sorry.
I simply had some thoughts in regards to your input.
I very much enjoy the insight in all your posts.
I should have prefaced my blurb better.
I will rejoin a point I failed to make…..that is…The most costly price a parent can pay is the relinquishment of the education of his/her child.
Whether the parent lives in an overpriced poorly built McMansion paying too much in property taxes to have their children mal-educated or a pre-fab like my home.
The saying was once …”It is only brick an mortar”….to make the same point today we should say “it is only drywall and spackle”.
Maybe we are saying the same coming from a different perspective. Rich people “relinquish” the education of their children when they send them to a private, high performance school, or hire a tutor, or get them involved in extra-curriculum activities taught by a third party?
Evidently, that is not the case. Same for public education. Because the strategy of control the elite has pushed has been done slowly, by increments, the size depending on what the people would tolerate, we didn`t realize the education system was used against the best interest of future generations. To the point where if you ask for a syllabus for what your child will learn during the year, you get a blank stare. Not because it does not exist, just because the parent is just not expected to be that involved.
Anyway, I could go on for hours on this.
Let me finish by saying the elite is engaged in guerilla tactics against the people. Let`s engaged them with the same strategy, one battle at a time. Victory is assured.
Again Missive,
Much more on this in the coming week!
Big Al
I think, Dennis M, that we are all living in the same type of village!
Big Al
We will be doing a major discussion of home schooling this week Missive.
Many thanks for you idea!
Big Al
Thanks Al.
I do know quite a bit about homeschooling, and certainly agree anyone choosing this option does well. When asked, I suggest people join HSLDA and start looking at the curriculum from the Foundation for Christian American Education:
I do also understand school districts is where the majority of American children will spend their time. As such, Campaign for Liberty should certainly inform and educate about the rights and responsibility of the people in this area. THAT is what I’d like to hear Mr. Deist discuss with you.
BTW, happy belated birthday wishes to you. Hope you enjoyed the celebration.
Many thanks Missive,
Yep, we had a good time.
Best to you,
Big Al
Jeff is very big on home schooling. At least he was last time we discussed it.
That is a subject that I will bring up with him this week.
Thanks for the idea Missive!
Big Al
Stay tuned- we will have an attorney from HSLDA on the show this week if possible! Homeschooling is a blow for liberty, and a means by which average people can take power back without waiting on electoral politics.
Looking forward to that potential interview, Jeff!
Big Al
Happy belated birthday Al!
Al – in your excellent segment with Lawrence Roulston you opined and agreed with his assessment that too many jr exploration companies have diluted their share structure far too much without advancing provable assets commensurate with the dilution. Nothwithstanding your position in PEM & your friendship with Del, would you include remium Exploration in assessment with upwards of 150M shares and not that much cash in the bank, or do you think PEM still has significant upside for investors – not just the ones who buy today at .07 cents per share, but who bought a year ago or more at .40/.50 cents as the price continued to crater? Your opinion is appreciated….
Jeff,
This is not investment advice. My comments are only my personal opinion and not intended for anything other than sharing that opinion.
I think that the upside in PEM lies in one area and that is the property in Idaho. If management is correct in their positive feelings (and I am not saying or implying that they are) the stock could do very well if a strategic partner comes in.
I have personally averaged down and my average price is now about $0.14.
I have no intention of liquidating our position simply because I personally have faith in these guys.
That’s only my personal story and I am sticking to it!
Enjoyed the segment with Anthony Marsh. I mentioned just this past week that palladium technically looked very interesting now and it might be a good time to purchase the metal. Also, it’s been rumored that the Soviet Union’s (the largest producer of palladium) long standing stockpile of palladium has been depleted. Although the conversation between Al and Anthony focused mainly on platinum, palladium might be the preferred metal since it’s been said recently that companies are moving to palladium in their diesel catalytic converters instead of platinum due to the cost differential.