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March 22, 2019 | Today Shows Exactly Why I’m So Bullish on Gold and Silver

This morning’s price action shows exactly why I’m more bullish on precious metals in 2019 than I have been for years. News of more global economic slowing was the apparent cause of all major US stock indices falling—and gold rising.     Whatever happens next, this is important. Consider that it wasn’t just stocks falling. […]

March 21, 2019 | Putting My Money Where My Mouth Is

The summer of 1986 was my only real experience with the business of gambling. I was helping the Libertarian Party of Alaska raise money by selling raffle tickets. The prize was a brand new, fire-engine-red Corvette. It was gorgeous. People slobbered over the car—literally. We had to keep cleaning materials in the trunk to wipe […]

March 19, 2019 | The Adventures of Spreadsheet Guy

Seven years ago, I went to see a gold play in the far east of the Democratic Republic of the Congo. It was near Lake Kivu, on the border with Rwanda. I was well aware that this area has seen some of the worst bloodshed in African history. That’s due in part to its richness […]

March 18, 2019 | Is March 29, 2019 the Day Gold Bugs Have Been Waiting for?

Much is being said about the World Gold Council’s report that central banks are backing up the truck for gold. The net increase in 2018 was 651.5 metric tonnes, up from 375 tonnes in 2017. By volume this is the largest net purchase since 1967. This does not mean there’s a global stampede into gold, […]

March 15, 2019 | Avoiding the Perfection Trap

Every investor knows the dictum: “Buy low, sell high.” Sure. Let’s go do that right now! The problem, of course, is that no one can reliably time markets. What seems to be a peak can be a pause before a surge to much higher prices. Think Bitcoin when it first hit $10,000. What seems to […]

March 14, 2019 | Want Freedom? Speculate!

My friend and mentor Doug Casey is famous for being a successful speculator. But he’s also the International Man. Doug was a pioneer of the international lifestyle—not just to enjoy the world, but to reduce taxes and government intervention in his life. In other words, Doug is an innovator in the field of enjoying greater […]

March 4, 2019 | How to Beat the PDAC Curse

Today is the second day of the 2019 Prospectors and Developers Association of Canada (PDAC) Annual Conference. This is the biggest mineral exploration show of the year. For me as a researcher, it’s 10-bagger hunting ground. But all the hoopla I’m seeing online makes me think this is a good time to remind investors of […]

February 27, 2019 | An Excellent Way to Add Zeros to Your Portfolio

The following is a message my friend and mentor Doug Casey published to his readers at InternationalMan.com. It’s full of things I’d be embarrassed to say about myself, but Doug said them, and stands by them. Given that Doug and I could now be seen as competitors, I thought it worth sharing his independent take […]

February 25, 2019 | Buffett Bashes Gold Again—Here’s Why He’s Wrong

In his new letter to shareholders, Warren Buffett shows once again that undeniably great success does not equate to infallibility. His enormous accumulation of experience and manifest ability at what his brand of investing doesn’t make him the best source of guidance on other matters. Who am I to criticize a man who’s made 1,000 […]

February 22, 2019 | Vanadium: Are We There Yet?

After last year’s surge and a brutal price correction, vanadium prices have ticked up again in the all-important Chinese market. This has some investors asking if it’s time to buy into this emerging energy metal story.     The rebound in China is encouraging, but I have to point out that prices are still falling […]

February 21, 2019 | A Better Emerging Markets Play: Mining

  Talking heads on financial media have been gushing about emerging markets being the smart play for investors this year. The Fed sounding more dovish has really cranked the volume up on that drumbeat. To be fair, that does make sense; a weaker dollar is a boon for Third World economies struggling with US dollar-denominated debt. […]

February 19, 2019 | Gold—Not Out of the Woods Yet

After going on record saying that I think gold will break out in 2019, it’s gratifying to watch precious metals soar on days like today.     As nice as it is to see such steep increases on the charts, it’s dangerous to get too excited about daily fluctuations. It’s more important that gold is […]

February 15, 2019 | How to PDAC (Or Sprott, or VRIC, or NOIC…)

The Prospectors and Developers Association of Canada (PDAC) annual conference—the biggest mining and exploration conference of the year—is coming up next month. If you don’t have time to go back to school and want to learn more about resource exploration and production, this is without question the best time and place to do so. Note […]

February 14, 2019 | Silver: Not Just the “Poor Man’s Gold”

People say that silver is the poor man’s gold. The first time I heard this, I thought it was… silly. Sure, silver is more abundant and cheaper per ounce than gold, but it’s a very useful and valuable metal. It has different properties from gold and can’t be substituted for many uses. Nobody ever had […]

February 13, 2019 | Palladium: Today’s Bitcoin Bubble?

Palladium prices have soared in recent months, even higher than gold prices. I wrote about this before palladium topped gold, saying I was skeptical that would happen, and that it wouldn’t last if it did. Mr. Market has proved me wrong—at least on the first part. I’m sure glad I didn’t say it could never happen. […]

February 12, 2019 | Correction: Forex Tailwind Easier Than I Thought

My recent article on nabbing extra gains on Canadian stocks if the US dollar (USD) weakens compared to the Canadian dollar (CAD) was partially incorrect. The tailwind itself is real enough. If the Canadian dollar rises compared to the US dollar, that would add to the gains of investors in CAD-priced equities. What I got […]

February 7, 2019 | Vale—A Disaster for Us All

On January 25, 2019, a tailings dam in Brumadinho, Brazil, owned by mega-miner Vale SA collapsed, releasing 12 million cubic meters of mine waste. This tsunami of mud swept everything away for miles downstream. The death toll is over 100 people so far, with hundreds more missing. Videos showing the dam bursting and the wall of […]

February 6, 2019 | Watch for a Canadian Tailwind

There’s a growing chorus of analysts who think the US dollar will weaken in 2019 and going forward. The Fed’s newly more dovish tone supports this view. The recent rise in gold prices is part of this pattern. We’ll see soon enough what the Fed actually does, and what that will do to the US […]

February 5, 2019 | 10-Baggers: What It Takes

When resource markets are on a tear, investment gamblers who think they’re speculators are keen to jump on the next exciting story they hear. Some people are booking huge profits on 10-baggers (stocks that go up 1,000% or more). Yes, that really does happen when commodity prices are booming. I’ve seen it many times in […]

February 4, 2019 | Uranium-232

Yes, I know that the most common isotopes of uranium are 238 and 235. There’s a more fissile 233, but it’s quite rare. I’m not thinking about isotopes, however. It’s the Department of Commerce Section 232 investigation into the national security implications of the almost defunct US uranium sector that’s on my mind today. Some analysts […]

January 31, 2019 | When Gold Breaks $1,400, It May Be Too Late to Profit

Uranium prices are up another 10 cents this week. The US is meeting with China in Washington, hoping for progress on the trade war, which could boost all commodity prices. On the other hand, Italy is in recession—and EU powerhouse Germany might be as well. There’s a lot going on that affects resource speculators, and […]

January 25, 2019 | Beware Venezuela Opportunity Hype

The long-awaited collapse of the Maduro dictatorship in Venezuela seems to be at hand. Dogmatic adherence to catastrophic socialist policies bankrupted the country years ago. Large portions of those people able to leave the place have done so. Now many of those left are back in the streets fighting an illegitimate government. The country’s legislature […]

January 23, 2019 | Bitcoin vs. Gold

In the newly published edition of The Independent Speculator, I closed with some quotes about gold:   “Gold is money. Everything else is credit.” —J.P. Morgan “Gold is the only financial asset that is not simultaneously someone else’s liability.” —Doug Casey  “Every piece of gold jewelry or coin ever made still has value. Can you […]

January 22, 2019 | Gold in 2019: This time Is Different

During the crash of 2008, mainstream financial analysts and pundits completely ignored gold. I wasn’t surprised; they came of age as financial professionals in a time when gold was regarded as a “barbarous relic” kept at Ft. Knox purely for reasons of “tradition.” Even Warren Buffet, the sage of Omaha, said gold served no useful […]

January 18, 2019 | Trump and Resources in 2019 and Beyond

Love him or hate him, Donald Trump’s presidency is undeniably a record breaker for at least trying to keep campaign promises. I remember Bill Clinton reversing himself on campaign promises before he even took office. So, it’s striking to me that Trump has even tried to: Cut taxes. Build his wall. Ban Muslims from entering […]

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