Kootenay Silver’s, Jim McDonald interviewed by Katusa Research at the Cambridge Investment Conference

March 1, 2017 Editors Note from Dudley Pierce Baker We have know Jim McDonald for several years and are investors in KTN and KTN.WT. This interview with Katusa Research gives a great insight as to their possible growth and expansion of silver resources. For other exciting opportunities visit my website, http://CommonStockWarrants.com   Kootenay Silver Inc.   … Continue reading

Goldrunner: “DJIA:Gold Ratio Ready To Bust Lower As Gold Price Rises Aggressively” – Here’s Why

October 13, 2016   Gold is set in the “cycle” to rise very aggressively to start to price in the real extent of Dollar Supply increases to date, along with more that is coming. Thus, the DJIA:Gold Ratio is ready to bust lower as Gold busts up and out of the historic flag. Below is my rationale for such pricing action with supporting charts. Written by: Goldrunner Periodically through history (1930’s, 1970’s) the DJIA:Gold ratio has returned to an approximate 1:1 ratio at a steep bottom. The ratio topped in 2000, has completed its first wave down, and now has made a secondary top which we expect will lead to a long drop down toward the bottom of the long-term DJIA:Gold chart as seen below. We can see in the chart below that the ratio chart topped at the two red dotted lines in late 2015 as Gold bottomed. The ratio has now fallen below the thicker red dotted line and re-tested from the bottom. At that same re-test level, the Ratio met stiff moving average resistance. Thus, we expect the next move for the Ratio will be for price to fall away to the 1 area on the chart over the coming years- probably into 2024/ 2025. CURRENT DJIA:GOLD RATIO CHART We expect the DJIA to fall sharply in price like the 70’s, yet for much of the move down to be attributable to a very sharp rise in Gold. For instance, if Gold runs up to ~ $2,100 into 2017, … Continue reading

David Smith This Correction Is Painful but Exactly What Bulls Needed to Happen

Published on Oct 7, 2016 Read the full transcript here: http://bit.ly/2dZm6mF David Smith, Senior Analyst at The Morgan Report and MoneyMetals.com columnist gives precious metals investors some tremendously useful advice in the face of some difficult market action for gold and silver — and he also tells us why he believes 2017 will be the year that general public discovers gold and silver in a big way. … Continue reading

The Case for Natural Resource Equities

The Case for Natural Resource Equities September 23, 2016 By Frank Holmes CEO and Chief Investment Officer U.S. Global Investors This week I attended the Denver Gold Forum along with three other U.S. Global Investors representatives, including our resident precious metals expert Ralph Aldis. I was happy to see sentiment for gold way up compared to last year’s convention, as was turnout. I was also pleased to see Franco-Nevada, Silver Wheaton and Royal Gold in attendance, all of which I’ve written extensively about. One of the most interesting presentations was held by Northern Star Resources—the third biggest listed gold producer in Australia, a dividend payer and a longtime holding of USGI. I’ve always appreciated Northern Star’s insistence on being a business first, a mining company second. This shareholder-friendly mantra is reflected in its stellar performance. Compared to other companies in the NYSE ARCA Gold Miners Index (GDM), Northern Star is a sector leader in a number of factors, including five-year cash flow return on invested capital. Whereas the sector average is negative 1.6 percent over this period, Northern Star’s is a whopping 27 percent, the most of any other mining company in the GDM. This has helped it return an amazing 800 percent over the last five years as of September 23. Compare that to the GDM, which returned negative 56 percent over the same period. Australian gold miners as a whole trade at an impressive discount to North American producers, 5.7 times earnings versus 8.3 times earnings, according to … Continue reading

Ellis Martin Report Editorial It’s Time to Buy Gold and Silver Stocks

March 21, 2016 Ellis Martin Reports Editors Comments: This is a fabulous rant by Ellis Martin on the gold and silver markets, an Ellis Martin that we have not heard before. Give it a listen asap and if you would like my assistance, please give my website, http://CommonStockWarrants.com. Dudley Pierce Baker, Founder-Editor … Continue reading

Stock Warrants Learning Center

February 25, 2016 Dudley Pierce Baker Founder-Editor   Perhaps you have heard of stock warrants…. Whether you are a seasoned investor or new to the idea of stock warrants I would like to introduce you to my stock warrants learning center. Here you get the skinny on stock warrants, what they are, why you should consider them and how to buy them. There are currently around 200 stock warrants trading in the United States and Canada in all industries and sectors, including the resource sector, gaming, biotech’s, pharmaceutical’s, banking, autos, blank check companies and more. Believe me, there is something here for everyone. Of course, it all starts with finding a company which you like. Then you proceed to investigate whether that company has stock warrants trading. This is what I do in our database. I monitor all stock warrants which are trading and include them in our database. We include the complete details necessary for investors to make an informed decision as to whether or not to purchase those stock warrants and top it off with our personal rating on each, i.e., undervalued, overvalued or fair value. Stock Warrants Learning Center Enjoy, Dudley Pierce Baker … Continue reading

How Cheap are Mining Stocks Now?

How Cheap are Mining Stocks Now? Are Gold Stocks Cheaper Than They Were in 2008? Chris Marchese, Senior Equity Analyst The Morgan Report  The short and simple answer to this question is yes! Some will say–that is just my opinion. I could show you numerous equations proving the gold stocks were cheaper in 2008 than today and vice versa using similar metrics. Over the past 4-to-6 weeks there have been countless articles arguing one way or other, however each one I’ve read suffers from one serious flaw, not one has even mentioned how the value of an asset is determined. The value of any asset is the present value of the (free) cash flows generated over the life of an asset. This doesn’t mean a discounted cash flow model has to be used or even a net asset value calculation which can be accurate if any only if the assumptions or inputs which go into the model are accurate. A valid valuation model must take the time value of money into account. Furthermore, what matters isn’t the current price of the underlying commodity but the near, the intermediate and long term prices. In this case, the underlying fundamentals for gold and silver are significantly better than they were in 2008. I will discuss why I hold that view but it is far more important to acknowledge why all these articles fail to make a convincing argument. How the value of an asset is determined goes unacknowledged, in other words, the … Continue reading

This “Pig” Just Made a Massive Bet on Gold

This “Pig” Just Made a Massive Bet on Gold By Dan Steinhart Stan Druckenmiller is going big on gold. Druckenmiller is one of the world’s most successful and respected traders. As a hedge fund manager from 1986 to 2010, he generated an incredible average annual return of 30%. Druckenmiller was also George Soros’s right-hand man at Quantum, Soros’s famed hedge fund. Quantum’s now legendary 1992 trade shorting the British pound was Druckenmiller’s idea. It made Quantum about $1 billion. People say the trade “broke the Bank of England.” Most professional investors preach diversification. But Druckenmiller says he’s successful because he’s not afraid to concentrate his bets when he really believes in a trade. He calls it “being a pig.” The first thing I heard when I got in the business, not from my mentor, was bulls make money, bears make money, and pigs get slaughtered. I’m here to tell you I was a pig. And I strongly believe the only way to make long-term returns in our business that are superior is by being a pig. I think diversification and all the stuff they’re teaching at business school today is probably the most misguided concept everywhere. • Druckenmiller just made a $300 million bet on gold… Druckenmiller’s fund recently bought $300 million worth of SPDR Gold Trust (GLD), an ETF that tracks the price of gold. It’s a huge bet, even for a big-time trader like Druckenmiller. He put 20% of his fund’s money into this trade, and it’s his largest … Continue reading

The Next Financial Disaster Starts Here

The Next Financial Disaster Starts Here By Dan Steinhart Individual investors take note… Some of the world’s best money managers are betting on the biggest financial disaster since 2008. You won’t hear about this from the mainstream media. Networks like NBC or CBS don’t have a clue… just like they didn’t have a clue the US housing market would collapse in 2007. Carl Icahn, a super successful investor who’s the 31st richest person in the world, said this investment is in a bubble. He said that it’s “extremely overheated”… and that “there’s going to be a great run to the exits.” And this investment isn’t some complex derivative that only Wall Street and hedge funds can buy. Millions of investors hold it in their brokerage accounts. The dangerous investment is junk bonds. Junk bonds are usually issued by companies with shaky finances. They pay high interest rates to compensate investors for their high risk. Low interest rates have pushed investors into these risky bonds. Junk bonds are one of few places where investors have been able to get a decent income stream. In 2008, the Federal Reserve cut interest rates to near zero to fight the financial crisis. It has held rates near zero ever since. Right now, a 10-year US government bond pays just 2.3%. That’s half its historical average, and near its all-time low. Investors looking for income have turned to junk bonds. This chart shows the growth in junk bonds since 2002. As you can see, junk … Continue reading

Bob Moriarty | Recent Articles & Market Comments

August 4, 2015 Dudley Pierce Baker http://CommonStockWarrants.com Bob Moriarty of 321Gold is a straight shooter, meaning he says what he thinks and doesn’t give a crap if you don’t like it. Sounds to me sorta like Donald Trump…… I’ve visited with Bob on numerous occasions and I’ve been on the same mine tour and he is always the same, i.e., direct and to the point, no b.s. You either like this guy or hate him, just depends on the day. Even on a bad market day in the metals Bob is a bull and I for the most part agreement with him that we have or will soon have a bottom in place and be smiling again with plus signs in our portfolios. Bob has several articles posted in the last few days and I thought it would be a good idea to share with my readers in case you have not seen them. A Tradable Low in Commodies Why you should ignore all Gold Gurus including me Gold and the Full Moon Capitulation in Gold   … Continue reading