I am 23 years old. I ran an export company, Adam International Inc, and currently laying the foundation for a holding company as an investment vehicle. I have bad insomnia which allows me to indulge into brainstorming investments in the middle of the nights. I enjoy reading about financial history ...
more I am 23 years old. I ran an export company, Adam International Inc, and currently laying the foundation for a holding company as an investment vehicle. I have bad insomnia which allows me to indulge into brainstorming investments in the middle of the nights. I enjoy reading about financial history and manias, panics and crashes. It amazes me how symmetrical bubbles are throughout history to each-other. My investment research goes back to when I was a senior in high school and took money from wiping down tables at the Westin Hotel and took my total $5 thousand dollars I had saved up and invested it in the bear market of 2009 and have grown since then, both intellectually and monetary. I focus on the resource sector and specifically precious metal mining. I am a harsh proponent of governments and their habits and the spend much time scrutinizing commonly held precepts that are widely held. It seems to me that most investors these days have put an unrealistic amount of faith in central banks and fiat money. These are interesting times to be young and investing, but today its as if investors have a gun in their mouth and are addicted to the taste of metal.
less
Latest Comments
Gold Bug Psychology Must Be Neutered
Thanks Kate, I hope my insight helps you with your ends.
Gold Bug Psychology Must Be Neutered
Interesting article. I would comment also for investors to take these bearish and extremely oversold times and pick up quality assets, low cost producers in the gold equities and hold them for a longer term. Do your homework and find the best of the best trading at multi year lows.
Remember bear markets are the authors for bull markets.
Greenspan, Gold Mining And Gravedancing
Greenspan, Gold Mining And Gravedancing
Thanks Ms. Grant.
Why Is Gold Getting Hammered?
Good article Peter. Skiddish investors leave and prudent investors buy on sale for long term.
American Sands Energy: A Revolutionary Unique Oil Sands Play
I agree we as people are a dynamic economy but how many people are going to sell their cars to purchase even more expensive energy efficient vehicles such as Tesla?
American Sands Energy: A Revolutionary Unique Oil Sands Play
As you were just saying, oil prices will come down from globabl worries and growing supply and the feds "low" inflation.
But what will those high cost marginal oil producers do? They will turn off. Its not as if oil isn't a good business, its at what cost. And my argument is that AMSE will be a low cost producer with a great asset that could survive even $55 oil as many other producers in America go offline, which would inevitably lead to high prices anyway.
American Sands Energy: A Revolutionary Unique Oil Sands Play
1. The US only produces at most 9% of the world supply. Low cost producers are what need investing.
2. As marginal producers came online in America many countries have reduced oil output such as Syria and Egypt, Libya and Nigeria due to internal factors.
3. The with the Fed's war on deflation and cost of productions increasing, I doubt falling energy prices will be short. With many countries bypassing the US dollar in all oil trade anyways is growing worrisome.
4. I agree completely.
Gold Shares Heavy Liquidation: Really?
Good article and very informative about these "naked shorts" per'se.