Will Warren Buffett Really Let This Deep Value Slip By?

Will Warren Buffett Really Let This Deep Value Slip By? By Jeff Clark, Senior Precious Metals Analyst Right now, even the staunchest gold investors are weary of the years-long drubbing the gold price has taken since its $1,921 peak in August 2011. Whether the frustrating experience is the work of a market-rigging conspiracy, government manipulation of data to hide inflation, those blindingly loyal Keynesians who keep pounding us with messages that gold is nothing but a “shiny bitcoin,” or the gullibility of mainstream investors who tell themselves that, gee, since Warren Buffett is a billionaire, his “gold has no utility” mantra must be right, it hasn’t been fun. The nasty downcycle has offered no respite. That’s all about to change. If there’s one constant in the resource sector, it’s the boom-bust-repeat cycle that over the past 40 years has been almost predictable. This is particularly the case with gold stocks. … Continue reading

How To Invest With $5,000 to $10,000

How To Invest With $5,000 to $10,000 Thursday March 12, 2015 14:43 By Dudley Pierce Baker Investing with limited funds can present many challenges. Let’s face it, if you had $1,000,000 to work with the number of opportunities and a reasonable dollar allocation would be much easier. Who would not like to have this problem? Reality is that many, especially younger investors, are eager to participate in the markets but are at a loss as to how to proceed with $5,000 or $10,000. Timing Your Entrance However, before one invests there needs to be an expectation of success. The timing of the investment is of major importance. I realize this seems very simple but don’t forget that most investors love to buy at the highs of the markets or individual shares and are doomed from the start and of course they are scared to death to buy (like now) when … Continue reading

Why You Should Listen to This Man About Gold

Why You Should Listen to This Man About Gold By Jeff Clark, Senior Precious Metals Analyst Would you like your advice from someone who has been successful or from someone who’s failed? I’d prefer to hear from a winner. Now that the gold market has been mauled by a bear, we can sort out the pretenders from the contenders in the mining industry. After all, there’s nothing like a major down cycle to reveal which companies are run by people who know how to prepare for bad weather. The price of gold has fallen more than a third since August 2011, crushing the prices of gold stocks… but not all of them. Check out the performance of Franco Nevada (FNV). FNV shares have actually risen in this bear market. Even if you bought the stock when gold peaked in 2011, you’re sitting on a profit. How many gold stocks can … Continue reading

Allied Nevada Gold Files Bankruptcy – WTH

March 10, 2015 By Dudley Pierce Baker http://JuniorMiningNews.com In an industry which is already beaten down with declining gold and silver, and share prices do we really need to see stories like this? I was personally applauded by this story on TSX:ANV and the news out today on their filing for bankruptcy.                      ANV-T           Halted             $1.08 That is the last thing in the world you want to see with your positions as they announce a bankruptcy filing. Absolutely nothing you can do! It was only on December 12, 2014 (less than 3 months ago) that ANV went to the markets and raised $21.75 million by the issuance of shares and stock warrants. See News On Stockwatch Obviously ‘something’ is terribly wrong with this story, IMO. Is it the total failure of management to properly disclose … Continue reading

Your Video Recording of Casey’s GOING VERTICAL Is Ready

Click here to watch GOING VERTICAL  ((http://vertical.caseyresearch.com/go/uicpp-2/CSW)) Dear Reader, Franco-Nevada co-founder and chairman Pierre Lassonde has been buying mining stocks for his own portfolio again since last October: “[The] gold stocks—just like in 2001—are at absolute rock bottom. In fifteen years, they have not been so low. So I think there’s a historical opportunity, a once-in-a-generation opportunity, right now.” And Rick Rule, founder and chairman of Sprott Global Resource Investments, says in a few years, “people will call this the good old days.” What they—and the other six guest stars of Casey Research’s just aired online event GOING VERTICAL—agree on is that it’s time to prepare your portfolio if you want a shot at vertical gains once the mining sector recovers. Even the major gold producers are so undervalued that they could rise 150% – 200%. But the best of the best junior miners, the survivors of the bloodbath, are poised … Continue reading

How to Get Struck by Lightning

How to Get Struck by Lightning By Louis James, Chief Metals & Mining Investment Strategist Two M&A deals have already delivered paydays for investors in junior mining stocks this year: Goldcorp’s half-billion-dollar purchase of Probe Mines in Canada, and Tahoe Resources’ billion-dollar acquisition of Rio Alto Mining, a Peruvian gold producer. Now the arrival of a new, well-capitalized bidder for mining properties—X2 Resources—has raised prospects for more blockbuster deals like last year’s $3-billion takeover of Osisko Mining by Agnico Eagle and Yamana Gold. X2—a still-private UK company headed by Mick Davis, former CEO of mining giant Xstrata—has raised $5.6 billion to buy up “blue chip” assets in the mining sector. Given Xstrata’s pedigree as a base metals company, I don’t expect X2 to go stalking any of our favorite gold exploration juniors—or even base metals juniors, for that matter. The company is more likely to buy deposits and operations from … Continue reading

The 10th Man: The Anthropology of Finance

The 10th Man: The Anthropology of Finance By Jared Dillian When I was 11, my grandmother liked to hang out in Bee Bee’s Dairy and smoke cigarettes and drink coffee. The air quality in that place was like modern-day Beijing, with all these old people smoking and shooting the breeze. I used to get ice cream sodas there, what you would call a “float” in other parts of the country. Bee Bee’s was at the tail end of a sad sack mall, wedged between the Stop & Shop and the mall proper. The sign had a picture of a cheerful honeybee on it that, in retrospect, bore a resemblance to the bee on the box of Honey Nut Cheerios. I’m not sure how the place made any money since the old people didn’t eat much, preferring instead to smoke and drink coffee. I would have my ice cream soda, then … Continue reading

The Most Likely Stocks to Give You Vertical Profits

The Most Likely Stocks to Give You Vertical Profits By Casey Research “This is a historical opportunity,” says Pierre Lassonde, co-founder and chairman of gold royalty company Franco-Nevada. Right now, gold stocks are so beaten down and undervalued that they have nowhere to go but up. And once the gold market rallies again, the best of the best mining companies—those with proven management teams and high-grade ounces in the ground—will simply go vertical.   Find out how to prepare your portfolio to get a shot at the jackpot. In GOING VERTICAL, Casey Research’s timely online event, on Tuesday, March 10, at 2 p.m. EST, eight of the world’s top industry experts tell you everything you need to know—including some of their favorite stocks to own now. Register here to watch—it’s free.   The article The Most Likely Stocks to Give You Vertical Profits was originally published at caseyresearch.com. Advertisement: Join … Continue reading

What Top Hedge Fund Managers Really Think About Gold

What Top Hedge Fund Managers Really Think About Gold By Jeff Clark, Senior Precious Metals Analyst In the January BIG GOLD, I interviewed a plethora of experts on their views about gold for this year. The issue was so popular that we decided to republish a portion of the edition here. Given their level of success, these fund managers are worth listening to: James Rickards, Chris Martenson, Steve Henningsen, Grant Williams, and Brent Johnson. Some questions are the same, while others were tailored to their particular expertise. I hope you find their comments as insightful and useful as I did… James Rickards is chief global strategist at the West Shore Funds, editor of Strategic Intelligence, a monthly newsletter, and director of the James Rickards Project, an inquiry into the complex dynamics of geopolitics and global capital. He is the author of the New York Times best-seller The Death of Money … Continue reading

Tesla: Bonfire of the Money Printers’ Vanities

Tesla: Bonfire of the Money Printers’ Vanities By David Stockman, Former Director of the Office of Management and Budget David Stockman needs no introduction, but I’ll give him one anyway. He’s a former US Congressman who, upon assuming responsibility as Ronald Reagan’s budget director in 1981, became the youngest presidential cabinet member of the 20th century. Following a 20-year career on Wall Street, David is now an outspoken critic of government stupidity. He argues on behalf of outdated notions like a balanced budget, free markets, and for the government to just plain leave us alone. Below, David shares a scathing financial analysis of Tesla… and that’s putting it nicely. He argues that Elon Musk’s company is a crony capitalist creation that owes its very existence to government handouts and bailouts. Dan Steinhart Managing Editor of The Casey Report Editor’s Note: This article was originally published in Casey Daily Dispatch’s Midweek … Continue reading