Palisade Radio – The Daily Gold https://thedailygold.com Your Source for Everything Gold Wed, 23 Mar 2016 04:51:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 Interview with Palisade Radio: Is Gold in a New Bull Market? https://thedailygold.com/interview-with-palisade-radio-is-gold-in-a-new-bull-market/ Mon, 15 Feb 2016 03:32:18 +0000 http://thedailygold.com/?p=21513 Jordan Roy-Byrne CMT is confident the bottom is in for gold stocks. Although, the gold price rebound is not as strong as other historic rebounds and gold needs to close this month above 1180 to lock in the long term bullish trend. Jordan believes that gold will likely test the 1200 mark again this month … Continue reading]]> Jordan Roy-Byrne CMT is confident the bottom is in for gold stocks. Although, the gold price rebound is not as strong as other historic rebounds and gold needs to close this month above 1180 to lock in the long term bullish trend. Jordan believes that gold will likely test the 1200 mark again this month before resuming the bullish trend.

 

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Rick Rule: Absolutely Manic Bull Market In Gold Coming Soon https://thedailygold.com/rick-rule-absolutely-manic-bull-market-in-gold-coming-soon/ Wed, 25 Nov 2015 20:56:02 +0000 http://thedailygold.com/?p=21322 The depth of a bear market speaks to the size of the recovery and Rick believes that this bull market could be one...]]> The depth of a bear market speaks to the size of the recovery and Rick believes that this bull market could be one for the history books. But when will the bear end?

Mr. Rule has dedicated his entire adult life to many aspects of natural resources securities investing. In addition, to the knowledge and experience gained in a long, successful and focused career, he has a worldwide network of contacts in the natural resource and finance worlds. As Chairman of Sprott US Holdings, Mr. Rule leads a team of earth science and finance professionals who are experienced with resource investment management.

Talking points for this week’s interview –

• How is Fed indecision strengthening the USD?
• For how long will USD hegemony continue?
• Buybacks versus dividends
• An update on silver supply

 

 

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Rick Rule: I Am Too Wise To Call A Bottom In Mining https://thedailygold.com/rick-rule-i-am-too-wise-to-call-a-bottom-in-mining/ Mon, 26 Oct 2015 03:53:31 +0000 http://thedailygold.com/?p=21252 Is the bottom in? Rick has seen too many cycles to answer a question like that. Despite the many claims, truth is, nobody knows yet. But his previous call for a potential capitulation in October is likely off the table. Mr. Rule has dedicated his entire adult life to many aspects of natural resources securities … Continue reading]]> Is the bottom in? Rick has seen too many cycles to answer a question like that. Despite the many claims, truth is, nobody knows yet. But his previous call for a potential capitulation in October is likely off the table.

Mr. Rule has dedicated his entire adult life to many aspects of natural resources securities investing. In addition, to the knowledge and experience gained in a long, successful and focused career, he has a worldwide network of contacts in the natural resource and finance worlds. As Chairman of Sprott US Holdings, Mr. Rule leads a team of earth science and finance professionals who are experienced with resource investment management.

Talking points of this week’s interview –

• Is there more upside or downside?
• How a US dollar rally will impact the latest rally in miners?
• What type of move off the bottom is indicative of a bull market?
• Silver or gold as a speculation?
• An update on the Sprott offer for Central Gold Trust.

 

 

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Jim Rogers: Gold Correction to Continue Into 2015 https://thedailygold.com/jim-rogers-gold-correction-continue-2015/ Sun, 08 Feb 2015 18:57:12 +0000 http://thedailygold.com/?p=20767 In this week’s interview with Jim Rogers, get valuable advice on...]]>

 

This week, we are joined by none other than Mr. Jim Rogers. Jim was the co-founder of the legendary Quantum Fund, which he ran together with George Soros, some 35 years ago. Jim has been very successful as an investor, and has many bestselling books to his name. Joining us from Singapore, where he lives with his wife and family, we we’re able to get his opinion on many of the big questions facing investors today.

In this week’s interview with Jim Rogers, get valuable advice on:

● Jim’s controversial claim that gold will continue to correct in 2015!

● How to play the most volatile market sector in the world – gold stocks

● Is Jim still a bull on China, despite mounting debt and ghost cities?

● Investing in Russia in light of the unfolding currency crisis

● Advice for younger people – Jim’s hard earned advice for success!

● And, we ask Jim about his time working alongside George Soros

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David Skarica’s 2015 Investment Forecast https://thedailygold.com/david-skaricas-2015-investment-forecast/ Wed, 24 Dec 2014 20:03:44 +0000 http://thedailygold.com/?p=20688 Collin Kettell sits down with newsletter writer David Skarica in the Bahamas to talk about the markets. David is known for his contrarian views, and his knowledge of investments, economics and the markets in general. David has identified “four major investment themes”, which he has translated into actionable trades. In this discussion, David shares his … Continue reading]]> Collin Kettell sits down with newsletter writer David Skarica in the Bahamas to talk about the markets. David is known for his contrarian views, and his knowledge of investments, economics and the markets in general. David has identified “four major investment themes”, which he has translated into actionable trades. In this discussion, David shares his four major global trends/events, with two representing long positions, and the other two short positions.

In this week’s interview with David, you’ll learn about:

● Why Russia’s stock market is poised for a major, major boom

● David’s analysis of gold stocks, and why they are a once in a life-time contrarian opportunity

● Marginal gold producers, and why they will be some of the most profitable investments in the gold space

● How to play an unorthodox short trade, benefiting from coming bond defaults in shale oil companies

● Ways to profit from a Japanese monetary and fiscal policy doomed to disaster….

 

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Brent Cook: 2015 is the Year of Peak Gold https://thedailygold.com/brent-cook-2015-year-peak-gold/ Tue, 18 Nov 2014 18:44:47 +0000 http://thedailygold.com/?p=20624 We brought Brent on the show to get an overview of where the gold market currently is and where it’s headed….]]> My friends at Palisade Radio interview Brent Cook…

This week, we have the popular newsletter writer, Mr. Brent Cook, from Exploration Insights, as our guest. Brent Cook is an independent exploration analyst with 30 years of experience in both property economics and geology evaluations. We brought Brent on the show to get an overview of where the gold market currently is and where it’s headed. Something many investors are unaware of, peak gold, is right around the corner in Brent’s opinion, and it is something that will have dramatic effects on world gold production over the long term.

In this wide ranging interview with Brent, you’ll discover:

● Brent’s secret to minimizing losses during a bear market, and maximizing gains in the coming bull market

● Find out which major mining CEO agrees with Brent Cook on peak gold

● Why the effects of peak gold could be more dramatic than investors are aware of

● How to best pick stocks to benefit from peak gold

● Also, Brent Cook’s very own exploration stock picks!

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Rick Rule’s Latest Comments on Miners & Metals https://thedailygold.com/rick-rules-latest-comments-miners-metals/ Mon, 15 Sep 2014 01:02:33 +0000 http://thedailygold.com/?p=20489 Rick Rule discusses the bottom as well as Newmont & Barrick merger...]]>  

Into our third week of Palisade Radio’s relaunch, we’re bringing on none other than Rick Rule, CEO of Sprott US Holdings. Rick Rule is a well known speculator and investor in the natural resource sector, and as he himself puts it, he has dedicated his entire adult life to natural resource investing. We brought Rick on to discuss the current state of the natural resource sector, and how investors can reap extreme gains from it’s cyclical upturn.  Rick discusses the importance of the merger talks between the world’s two largest gold companies and why it must happen!

Last year, when Rick was on our show, he predicted a long bowl shaped bottom in the junior resource sector. To date he has been spot on. Rick believes there is a very small chance that the bottom is not behind us, with his bets placed on the bottom having already been put in.

In this bottoming process, stocks have been moving from weak hands to strong hands, and that this is playing out precisely the way that it should be playing out.

Rick further say’s that the kind of gains that makes an investor 20-40 fold returns, can only occur from speculation. They can only occur from very volatile and very risky sectors, like technology startups and mineral exploration.

Speaking on what kind of steps one must take to reap 20 fold gains from speculating in the junior resource sector… Rick says that to turn $50,000 into $1,000,000 – in speculating, one must be able to take gains off the table at the appropriate moment, and not try to “wait for the last dime”, before cashing in. Rick states that with the bulk of his sales, he’s missed the absolute tops, looking back at the rough decline in the sector, he believe he was right.

Speaking on the merger between Newmont Mining and Barrick Gold, he says that this merger has to happen. The consolidation of general and administrative costs will save shareholders one billion dollars a year. One of the great tragedies is the incredible creep in G&A, and the way to lower this number is through mergers and acquisitions (M&A).

Two of Rick’s favorite commodities right now are water and uranium. Water is a localized market, and it’s important to invest in water in a place where it’s scarce. Also, you have to invest in water where people can pay for it. Southern Australia and the South-West US, being good places for investment. But water rights are hard to find, and even more difficult to buy.

Uranium is a very different situation, there are many vehicles for investment in the sector. Looking forward, Cameco suggests that the industry average cost of production is about $70/lb. Currently, producers sell their uranium for $32/lb. The long term consequence of that is that either the price of uranium go up, or the “lights go out”.

Finally, Rick compares resources bull markets of the past with the anticipated bull market ahead. He mentions the 1993-96 bull market in resources as the most viscous bull market he has seen. Rick suspect that this bull market, when it gets underway, will be very, very generous.

Mr. Rule has dedicated his entire adult life to many aspects of natural resource securities investing. In addition to the knowledge and experience gained in a long, successful and focused career, he has a worldwide network of contacts in the natural resource and finance worlds. As Chairman of Sprott US Holdings, Mr. Rule leads a team of earth science and finance professionals who are experienced with resource investment management. Mr. Rule is a frequent speaker at industry conferences, and is interviewed for numerous radio, television, print and online media outlets concerning natural resource investment and industry topics.

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Marc Faber: Only Asset Class Relatively & Absolutely Depressed is Gold & Silver Stocks https://thedailygold.com/marc-faber-asset-class-relatively-absolutely-depressed-gold-silver-stocks/ Sun, 31 Aug 2014 21:21:22 +0000 http://thedailygold.com/?p=20465 Palisade Radio interviews Marc Faber… ]]>  

This week we are kicking off the relaunch of Palisade Radio to mark our one year anniversary and over 100,000 views to date. We have put together an all star line up of industry experts that include Jim Rogers, Doug Casey, Eric Sprott, Rick Rule, Frank Holmes, James Turk, and today on the show with us is renowned investor Marc Faber.

When speaking about an imminent stock market correction, Marc Faber argues that since the market hasn’t had more than a 10% correction since 2011, it is likely that we will se a 30-40% decline in the not to distant future.

Marc has witnessed many bull markets and crashes in his career. Marc says that bull markets frequently go on for longer than expected, but the current bull market is already very old, and has been going up steeply since 2009 – in other words, more than 5 years old. “The one thing I can say, is that we are in a aging bull market, and the recovery has lasted longer than the typical recovery phase over the past 100 years.”

We ask Marc if the Fed’s current slowdown in tapering will be reversed in a stock market correction? Marc points out that whenever there is a problem with liquidity in the markets (1988, 2000, 2007), the Fed has stimulated the economy by injecting liquidity, so it’s not unlikely that the Fed will again try to support assets markets. The problem is when this goes on long enough, numerous assets aren’t affordable for the majority of people. The impact of this may be negative for the economy, because some asset prices may rise disproportionally in comparison to other prices.

On the multi year low in mining equities, Marc says that general assets are very high right now. And the only asset class that in Marc’s view are beaten down now are the gold and silver mining shares. When looking at the Dow Jones Index in comparison to the GDXJ(junior gold mining stocks index), the underperformance from the GDXJ has been colossal. As a contrarian or as a value investor, Marc sees reasonable value in the gold mining stocks right now. Government bonds and other assets are essentially inflated, but the gold mining stocks are deflated.

Speaking on the influx on gold into Asia… Marc thinks it’s an interesting situation, because in the west we have rumors of central bank’s manipulation of the gold market to keep the price depressed. Marc believes that these rumors are insensible – the West should want to sell their gold at a high price, not at a low price point.

Finally, in the last 20 years, there has been a huge increase of wealth in Asia. The increase in gold purchases in Asia, comes from a growing population, and a population which is increasingly affluent. Marc says that in terms of the Asian stock markets, they are relatively depressed in comparison to the US stock markets, and there is better value there.

Dr Faber publishes a widely read monthly investment newsletter “The Gloom Boom & Doom Report” report which highlights unusual investment opportunities, and is the author of several books including “ TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “ TOMORROW’S GOLD ” was for several weeks on Amazon’s best seller list and is being translated into Japanese, Chinese, Korean, Thai and German. Dr. Faber is also a regular contributor to several leading financial publications around the world.

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Tiho Brkan Comments on Precious Metals https://thedailygold.com/palisade-radio/ Sun, 22 Jun 2014 06:32:31 +0000 http://thedailygold.com/?p=20330 Collin Kettell of Palisade Radio interviews Tiho Brkan....]]>

Tiho Brkan is a Hong Kong based fund manager and the author of ShortSideOfLong.com. He is an expert at market analysis and a huge proponent of precious metals and commodity speculation…
 
Tiho starts off by discussing the Commitment of Traders Report (COT), which shows a recent build up of shorts in the commodities, especially in the silver market. This leads Tiho to believe that there is a major short squeeze in place that has driven the price of gold, silver, and other commodities up over the past week. However, Tiho is not convinced that the bottom in is for the precious metals.

In many cases, Tiho points out that the junior miners and explorers are down as much as 90%, while gold has corrected by about 35%. Those numbers, mixed with a historical analysis gives Tiho reason to believe that more downside could be in store.

Silver is by far the largest holding that Tiho holds in his fund. In fact, Tiho holds up to 85% of his fund just in silver. He believes that silver is undervalued on a historical basis, especially when looked at in terms relative to gold. Firstly in inflation adjusted terms, silver has not reached its previous highs from the past bull market 30 years ago. Additionally, the recent bear market in precious metals has been far more harsh to silver. While gold is down 35%, silver is down over 65%. 

Tiho discusses the recent move in the gold miners, which has been quite strong. Investors are witnessing substantial moves on huge volumes. While Tiho does not own any shares, he does believe that the gold stocks could be leading the metals out of the bottom. 

What catalyst needs to occur for the precious metals to resume their bull market? Tiho points out that commodities typically lead inflation. When gold and silver move up, that is when inflation will be seen and it will be too late for speculators to invest in gold and silver. 

Other commodities that interest Tiho? Sugar. Sentiment is extremely negative right now for the commodity, and Tiho believes that a rise in the price of sugar is imminent. Prices are so low that farmers are starting to back out of sugar production and this will ultimately drive the price up. If investors are looking to speculate on sugar, Tiho advises against investing in companies that are directly involved in the sugar business. Rather, Tiho uses ETFs, futures, and options. 

In this interview, Tiho also discusses the S&P 500 and US equity markets. He looks at the negative correlation that has been in place between these markets and the precious metals. 

Listeners can visit ShortSideOfLong.com to read Tiho’s analysis on worldwide markets and the commodities.

 

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