Published By
Created On
23 Mar 2022 03:39:46 UTC
Transaction ID
Cost
Safe for Work
Free
Yes
Rick Rule: Making Millions in Junior Resources
To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca
Tom welcomes back the legendary investor Rick Rule to discuss the mining business. Rick says, "The game is to find the tiny percentage of companies that are spectacularly successful in a sector that loses four billion dollars per year."
His approach to assessing a portfolio calculates the net present liquidation value of the company contrasted with their potential value in 18 to 36 months. He argues that his model is much more accurate than the methods most investors utilize.
It's essential that the people involved in these companies are high-quality and have past success and that their skills are relevant to the task at hand. He wants to be partners with others in the company. Rick discusses how "opportunities" often come along, but most are companies with unrealistic valuations.
Exploration is often about answering unanswered questions and calculating the probabilities of success or failure. You are never going to get it right. You just have to be more right than most other investors, which is easy because most will buy an ETF.
He discusses how investing intellectual capital into projects can increase efficiency and make them more viable.
There are great benefits if your good at assessing an individual's strengths and weaknesses. Good leaders are those that find other high-quality people and motivate them while building loyalty.
He discusses critical questions that investors should be asking of CEOs, including their reasons for management and staff. Many companies have no plan other than to continue drawing a paycheque, and many can't answer the essential questions. He's interested in what will constitute success or failure for a project, and unanswered and unfunded questions are usually a liability. Most investors are impatient for results, but Rick asks, "Why would a stock go up if the question isn't going to be answered for another 18 months?"
He focuses on his estimates of liquidation value compared with the market cap. He finds success with those that don't sell their stocks but build companies. You have to accept a lot of failure on the way and take a lot of time. You will likely see lower share prices, and you need to realize the value to maintain these trades and perhaps consider even buying more.
Rick discusses what smaller investors should look for, particularly when considering their risk appetite. Investors should own some physical metal but hold it as a form of insurance against the political class and not see it as a growth investment. He gives some tips for balancing risk versus return without spending too much time researching.
Three factors might cause Rick to change his current resource strategy should those factors begin
...
https://www.youtube.com/watch?v=IyHTWrAWAo8
Tom welcomes back the legendary investor Rick Rule to discuss the mining business. Rick says, "The game is to find the tiny percentage of companies that are spectacularly successful in a sector that loses four billion dollars per year."
His approach to assessing a portfolio calculates the net present liquidation value of the company contrasted with their potential value in 18 to 36 months. He argues that his model is much more accurate than the methods most investors utilize.
It's essential that the people involved in these companies are high-quality and have past success and that their skills are relevant to the task at hand. He wants to be partners with others in the company. Rick discusses how "opportunities" often come along, but most are companies with unrealistic valuations.
Exploration is often about answering unanswered questions and calculating the probabilities of success or failure. You are never going to get it right. You just have to be more right than most other investors, which is easy because most will buy an ETF.
He discusses how investing intellectual capital into projects can increase efficiency and make them more viable.
There are great benefits if your good at assessing an individual's strengths and weaknesses. Good leaders are those that find other high-quality people and motivate them while building loyalty.
He discusses critical questions that investors should be asking of CEOs, including their reasons for management and staff. Many companies have no plan other than to continue drawing a paycheque, and many can't answer the essential questions. He's interested in what will constitute success or failure for a project, and unanswered and unfunded questions are usually a liability. Most investors are impatient for results, but Rick asks, "Why would a stock go up if the question isn't going to be answered for another 18 months?"
He focuses on his estimates of liquidation value compared with the market cap. He finds success with those that don't sell their stocks but build companies. You have to accept a lot of failure on the way and take a lot of time. You will likely see lower share prices, and you need to realize the value to maintain these trades and perhaps consider even buying more.
Rick discusses what smaller investors should look for, particularly when considering their risk appetite. Investors should own some physical metal but hold it as a form of insurance against the political class and not see it as a growth investment. He gives some tips for balancing risk versus return without spending too much time researching.
Three factors might cause Rick to change his current resource strategy should those factors begin
...
https://www.youtube.com/watch?v=IyHTWrAWAo8
Author
Content Type
Unspecified
video/mp4
Language
English
More from the publisher
10,000,000,000.00 LBC
Controlling
VIDEO
TIM P
tim-price-the-last-death-rattle-of-the
Tom welcomes back the ever eloquent Tim Price from Price Value Partners for a jaw-dropping interview.
Tim critically examines global institutions such as the Davos Club and a certain UN Health Organization. He expresses unease about global policies that may potentially marginalize farming and fishing in order to mitigate ecological damage. He disapproves of unelected individuals influencing significant global health and economic strategies and encourages skepticism towards the mainstream media for perpetuating unchecked influence over these areas. Price also identifies a growing trend toward skepticism of global forums, notably through an editorial in the Financial Times questioning the relevance of Davos. He ends by cautioning against "philanthropaths" who amass wealth under the guise of charity and urges for increased understanding of their motivations.
Tim highlights the value of debate and continuous dialogue in resolving polarized arguments. Individuals should aim to arouse introspection in their interlocutors rather than impose personal beliefs. Understanding can create gradual changes in viewpoints over time.
Price draws parallels between the current credit and debt system and historical failures of such systems. He views Davos as the emblem of big state command economy systems — a form of crony capitalism, not genuine free market capitalism. He suggests teaching classic economics as a buffer against economic downfalls.
Price points to economic uncertainties and volatility in various countries, taking Japan as an instance of a resilient economy that weathered two depressions on a par with America's Great Depression, maintained lower unemployment levels and a sustained GDP. He raises the question of whether Western economies could cope with similar situations. He also underlines ongoing unrest in currencies, the bond market, and the intensifying inflation. Tim criticizes the problematic Keynesian economic model and government interventions in economic systems, proving them incapable of controlling intricate economic operations.
Tim discusses his book "The War on Cash" and advises strengthening ties with local businesses and limiting dependency on credit cards and any form of central bank digital currencies, promoting the use of cash transactions. As an example of an uprising against the current system, he notices the increasing number of protesting farmers, reaffirming the relevancy of his book's fundamental message today.
Time Stamp References:
0:00 - Introduction
0:37 - Argentina & Ecocide
4:36 - Vandals & Philanthropaths
7:12 - Western Suicidal Ideation
11:49 - Conversations & Questions
13:50 - Gov't Out of Education
18:12 - Truth & Perspective
22:29 - Davos & Javier Milei
27:10 - Broken Window Fallacy
30:09 - Debt Creation Math
34:07 - Inflation is a Policy
35:30 - Order of Collapse?
39:48 - Inflation Comparisons
42:27 - Keynesian Economics
46:28 - Tim's Book - War On Cash
50:22 - U.K. Postal Scandal
53:08 - Clarkson's Small Farm
55:21 - Worse Worsening
57:05 - Wrap Up
Talking Points From This Episode
- Tim Price criticizes global institutions and policies that affect farming and fishing, urging a deeper analysis of their impacts.
- Tim believes the idea that government should be involved in any way with education.
- Price calls for skepticism of the debt-based monetary system and questions its sustainability against the rising global debt burden.
Guest Links:
Twitter: https://twitter.com/TimPrice1969
Website: https://www.pricevaluepartners.com/
War On Cash: https://www.pricevaluepartners.com/war-on-cash/
Articles: https://www.pricevaluepartners.com/commentary
Tim's Podcast: https://www.podbean.com/podcast-detail/r42pj-5ec16/State-of-the-Markets-Podcast
Tim's Podcast: https://open.spotify.com/show/1T69Xe0EJ4n0gOO4RD9qv0
Podcast Episode Mentioned: https://open.spotify.com/episode/2y3fkSYmMNxpa7eNE13PIr
Tim's Book:
War on Cash (Amazon): http://tinyurl.com/kkmh6cx6
War on Cash (Free PDF): https://www.pricevaluepartners.com/war-on-cash/
Book Recommendations:
180 Degrees (Amazon): http://tinyurl.com/3vjvpnud
Mises Link - 40 Centuries of Wage and Price Control: http://tinyurl.com/4e5cewc7
The Origin of Wealth - Eric Beinhocker: http://tinyurl.com/5n7652a4
Tim Price has worked in the capital markets for over 30 years. A graduate of Christ Church, Oxford, he spent a decade as a bond specialist before going on to serve as Chief Investment Officer at three separate wealth management firms.
Tim has been shortlisted for five successive years in the UK Private Asset Managers Awards program and was a winner in 2005 in the category of Defensive Investing. He is now co-manager of the VT Price Value Portfolio, a fund investing in Benjamin Graham-style value stocks, and specialist value funds, from around the world. He also co-manages bespoke private client portfolios.
...
https://www.youtube.com/watch?v=Fnw6Zn8oq9o
Transaction
Created
3 weeks ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
EP:59
ep-59-john-williams-2015-to-usher-in-us
This week we’re delighted to present a new guest to the show, Mr. John Wiliams. John is the founder and publisher of Shadowstats.com, which is an independent investigator and publisher of real government statistics in relation to the economy. John is regarded by many Austrian economists as a hero for his work on providing reliable numbers on inflation and other measures of economic activity.
This week, you'll discover -
● The corruption and lies that pulled John into the world of government statistics
● Why tweaking the government statistics has literally screwed millions of Americans out of millions of dollars!
● Some of the most ridiculous ways in which government has twisted the inflation metrics
● Why John is predicting hyperinflation in 2015
● And, John’s very interesting price targets for gold in a high-inflationary environment
...
https://www.youtube.com/watch?v=413lDQHVw_E
Transaction
Created
3 weeks ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
MARTI
martin-armstrong-the-collapse-of-the
Tom welcomes back to the show, Martin Armstrong. Martin discusses his economic confidence model and his study of historic economic patterns. Studying all the historic booms and busts, he developed a model around investor expectations. Every inflation wave is different, and this one won't be fixed by raising rates. This one is based on shortages and not a speculative boom. They don't want to admit that the lockdowns started the collapse in the supply chain. There is no economic understanding with politicians as they all operate with blinders.
To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca
Palisades is also on Odysee and Rumble
https://odysee.com/@PalisadesGoldRadio:c
We're going to see more unrest in Third World countries due to energy costs. People will vote from their recent experience. When Trump became elected, populism became the enemy. Politicians are threatened by nationalism. The truth is, most of them hate democracy. The heads of the E.U. are appointed and governments in that union are subservient. It doesn't really matter who gets elected. These people would love to impose a similar system here in North America.
The causes of hyperinflation are usually fairly complex. For Germany in 1922 they couldn't repay their reparations, so they confiscated 10 percent of everyone's assets for a bond. However, this action caused citizens to rapidly diversify out of the state currency. Usually, hyperinflations are the result of a loss of confidence. He describes how the capture of a Roman emperor created a loss of confidence in the government and began the debasing of the currency.
He discusses his model and how it's indicating a shift in the types of government from Republics to more direct democracies around 2032. Republics represent their own self-interest, and that eventually is their downfall. He expects another collapse around 2032.
Time Stamp References:
0:00 - Introduction
0:38 - Economic Confidence Model
8:40 - Malice or Stupidity?
10:20 - Power Cycles & Davos
16:05 - Debt & Owning Nothing
17:38 - Russia & Putin's Ratings
20:10 - Society & Religions
22:18 - Historic Hyperinflations
30:42 - The Problem with Debt
35:47 - MMT - The Road Ahead?
37:43 - Ukraine Outcome?
44:40 - Soros & China/Russia
50:00 - The Coming Shift
53:58 - CBDCs and Control
55:38 - Manias and Bubbles?
58:46 - The Gold Cycle & Assets
1:04:14 - Housing Markets
1:05:03 - Censorship
1:07:06 - Wrap Up
Talking Points From This Episode
- Inflationary pressures are being caused by supply chain disruptions.
- Expect further unrest due to energy costs.
- The historic causes of hyperinflations.
- Why governments will move from Republics to more direct democracies.
Guest Links:
Website: http://armstrongeconomics.com
Twitter: https://twitter.com/strongeconomics
Facebook: https://www.facebook.com/martin.armstrong.167
Amazon Book: https://tinyurl.com/ybtrslr9
Martin Armstrong is the Owner and Researcher for the website Armstrong Economics. He is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.
At age 13, Armstrong began working at a coin and stamp dealership in Pennsauken, New Jersey. After buying a bag of rare Canadian pennies, he became a millionaire in 1965 at the age of 15. He continued to work on weekends through high school, finding the real-world exciting, for this was the beginning of the collapse of the gold standard. Martin became captivated by this shocking revelation that there were not just booms and busts, but also peaks and valleys that would last centuries.
Armstrong progressed from gold coin investments to following commodity prices for precious metals. In 1973, he began publishing commodity market predictions as a hobby, and in 1983 Armstrong began accepting paid subscriptions for a forecast newsletter.
"In Armstrong's view of the world where boom-bust cycles occur like clockwork every 8.6 years, what matters is his record as a forecaster. He called Russia's financial collapse in 1998, using a model that also pointed to a peak just before the Japanese stock market crashed in 1989. These days, as the European sovereign-debt crisis roils markets worldwide, he reminds readers of his October 1997 prediction that the creation of the euro "will merely transform currency speculation into bond speculation," leading to the system's eventual collapse."
His Website Armstrong Economics offers a unique perspective intended to educate the public and organizations on the global economic and political environment's underlying trends. Their mission is to research historical cyclical patterns and market behavior in timing, price, and crisis to understand better and identify potential future trends, using an extensive monetary database and advanced proprietary models.
#MartinArmstrong #Inflation #Rates #Shortages #Commodities#Russia #BrettonWoods #Hyperinflation
...
https://www.youtube.com/watch?v=9wKxTdofnJQ
Transaction
Created
3 weeks ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
NEVAD
nevada-king-“the-first-gold-discovery
Nevada King Gold Corp.’s Exploration Manager Cal Herron and Executive Chairman Paul Matysek detail the company’s breakthrough discovery outside the constraints of the Atlanta Mine pit, motivations for re-logging of existing core, and provide extensive details on the current drill program at the Atlanta Mine.
Nevada King is a dominant explorer and developer, focused exclusively on the Battle Mountain Trend, Nevada’s most prolific gold mining belt. The company is Nevada’s 3rd largest active claim holder, with plans to become its 2nd largest. In 2022 it anticipates drilling 20,000 meters across three flagship assets.
Learn more at: https://nevadaking.ca/
Follow us on Facebook at: https://www.facebook.com/nevadakinggoldcorp
A summary of total endowments of nearby mines in the regions including Goldstrike, Cripple Creek, and Round Mountain with similar geological characteristics are: Goldstrike PEA prepared by SRK Consulting for Liberty Gold. Dated July 2018; Round Mountain - Nevada Division of Minerals Historic Production; Cripple Creek - USGS MRDS System.
#gold #exploration #goldexploration #goldmining #goldrush #nevada #geology
...
https://www.youtube.com/watch?v=9f1pH50j064
Transaction
Created
3 weeks ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
JORDA
jordan-roy-byrne-a-strong-dollar-is-good
Collin welcomes Jordan Roy-Byrne back to the program. Jordan is a regular contributor to Palisade Radio and is the editor and publisher of TheDailyGold.com.
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com
Jordan feels that the correction in GDX is close to being over. Top to bottom GDX has corrected by 17% over the past month, which is typical and healthy.
Gold is gaining relative strength compared to the S&P and silver and will likely hold up at these levels. It's building a tight consolidation that will eventually give way to a much higher move.
Jordan can't see anything in the markets currently that would be negative for gold.
Silver is still setting up for a move to $21. Once that target is reached, there is little in the way of resistance until $27.
Time Stamp References:
0:40 - Recent correction in GDX is almost over.
6:00 - GDX.J performance and overcoming resistance.
10:00 - Gold's bull market compared to general stocks.
14:45 - US Dollar and possible affects on gold.
Guest Links
Twitter: https://twitter.com/TheDailyGold
Website: https://thedailygold.com
...
https://www.youtube.com/watch?v=3RExld1fFRU
Transaction
Created
3 weeks ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
CHRIS
chris-vermeulen-gold-on-the-cusp-of
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com
Chris Vermeulen, CEO & Founder of Technical Traders, joins Tom to discuss the markets once again Chris says, "This is the time to really be paying attention to the markets... It could be a bloodbath."
Chris is seeing uncertainty that could bring equities lower as money is flowing into safe havens. The charts are showing that markets are approaching a major inflection point, which could go either way. Both gold and silver should rise rapidly once they get past resistance.
https://www.thetechnicaltraders.com/
@thetechtraders on Twitter
Time Stamp References:
0:45 - Equities and safe havens.
2:00 - Market weakness - bear rally?
4:45 - Charts show a coming inflection point.
9:20 - Charts testing support on gold.
10:20 - Silvers chart is still ugly.
12:15 - What happened in oil?
20:00 - Equities may top and rollover.
#PalisadeRadio #ChrisVermeulen #TheTechnicalTraders #Gold #MiningStocks #Commodities
...
https://www.youtube.com/watch?v=ypotDSykCOQ
Transaction
Created
3 weeks ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
LYN A
lyn-alden-us-fiscal-policy-reactions-are
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com
Tom welcomes a new guest Lyn Alden to the program. Lyn's finds her background in engineering useful when examining markets and uncovering feedback mechanisms. She discusses the different debt bubbles and how they have only grown over the past decade.
The congressional budget office has failed to take recessions into account in their projections. As a result, we have already hit debt levels they were not expecting for another five to ten years.
Longterm Lyn expects the dollar to decline based on it's historical cycles. Commodities, including gold, are at historically cheap levels, and the recent sell-off in commodities has made oil and copper more attractive.
Gold appears fairly valued currently, but the trend is going higher. Periods of negative or low bond yields are perfect environments for gold, and most investors still have little or no exposure to gold.
Silver could easily outperform in part because it's such a small market. Any inflows could have outsized effects on the price. If there is an explosion in electric vehicle sales, we could see silver and the base metals used in the electrical grid move much higher.
This is an excellent environment for gold and other scarce assets.
Time Stamp References:
0:40 - Studying markets and feedback loops.
2:00 - Debt bubbles today and growth.
6:20 - US Budget projections didn't consider recessions.
7:20 - US dollar overview soverign/corporate debt.
10:50 - Expectations for a lower US dollar.
13:10 - Valuations and allocating capital.
15:15 - Commodities at historic lows.
17:50 - Gold versus interest rates and yields.
22:30 - Comparing PM's to the rest of the market.
23:40 - Central banks gold holdings and Russia.
26:45 - What she invests in the gold market.
28:48 - Silver raio and silvers future performance.
32:00 - Thoughts on Tesla and commodities in an EV world.
33:30 - Predictions for coming years.
Guest Links:
Twitter: https://twitter.com/LynAldenContact
Website: https://www.lynalden.com/
#LynAlden #USD #Debt #Gold #Silver
...
https://www.youtube.com/watch?v=_2lee_xXCMw
Transaction
Created
3 weeks ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
GERAL
gerald-celente-imminent-crash-to-far
Gerald Celente buys and holds gold and does not speculate, choosing to invest in what he sees as beauty, joy and history. He holds that here is a global depression; zero interest rates are no longer working, the IMF keeps downgrading growth potential, equity markets are only being kept up by stock buy backs and the zero interest rates.
The Federal Reserve wants to keep inflation at 2% but the statistics are manipulated as inflation is politically unpopular, real inflation is likely much higher. The coming crash is going to be much worse than 2008 and it is likely that war will be used to divert attention away from the economy. One terrorist strike on US soil would be all it would take to manufacture popular support.
Strong Middle Eastern countries’ economies are headed down, such as Saudi Arabia, who have been recently downgraded and Turkey who are over extended. Brazil is going down the same path as Venezuela. The main place to watch though is the Ukraine and the further demonization of Russia
The Trends Journal holds that we are looking at a Clinton – Sanders ticket with Clinton winning largely due to the womens vote. People turning to Trump and Sanders is indicative of wide scale rejection of the current political system. Sanders has suckered in the millennials but has voted to fund the military and wars and is a fraud. He serves to bring in the votes to Hillary because she has such a negative rating. Meanwhile, Trump has just shown the world what a fraud the whole system is.
Talking points from this week’s interview:
• Gold has been around forever, its not going anywhere
• When all else fails they take you to war
• Zero interest rates are no longer working
• Once gold is stable above $1400 then its likely to head up to $2000
• Negative interest rates have never happened in history before
...
https://www.youtube.com/watch?v=XJfn4jBYoJo
Transaction
Created
3 weeks ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
MATT
matt-geiger-gold-holds-strong-in-the
Tom welcomes back MJG Capital Managing Partner Matt Geiger to the show. Matt remarks on the recent rallys and predicts that a smaller rally could occur on a Fed pause, while noting that reaching new highs is still in the realm of possibility. He believes the next decade holds promise for investing in miners and commodities and that this will eventually trickle down to junior miners, making him feel comfortable with the current situation.
*Palisade Radio Links:*
► Website & Newsletter: https://palisadesradio.ca
► Rumble: https://rumble.com/c/c-1586024
► Odysee: https://odysee.com/@PalisadesGoldRadio:c
Macro factors are aligning well for precious metals, with mid-tiers beginning to pick up and the broader markets waiting in anticipation. Matt predicts that mining will eventually become more popular among younger generations. He also acknowledges the hype surrounding lithium mining, but believes that a correction is needed in that market with the trend moving towards lithium ion phosphate batteries.
Matt is seeing increasing M&A activity, including some significant acquisitions. He provides advice on investing in junior miners and explorers; suggesting that betting on the people rather than individual projects is usually the best approach.
Time Stamp References:
0:00 - Introduction
1:37 - Miners & Sentiment
8:06 - Gold & Resistance
14:35 - Commodities Value
17:36 - Mining & Politics
21:49 - Lithium Mining
25:23 - Refining Capacity
27:42 - Strategic Minerals
31:22 - Copper Demand
34:05 - Silver Thoughts
37:44 - Canada Divestment?
41:14 - Jurisdictions
48:08 - M&A Activity
51:43 - Junior Mining Mistakes
1:01:06 - Wrap Up
Talking Points From This Episode
- The next decade will be a good one for investing in miners and commodities.
- M&A Activity is picking up in the mining sector.
- Lithium mining is currently a hot topic, but Matt believes a correction in the market is required.
Guest Links:
Website: http://mjgcapital.com/
Twitter: https://twitter.com/geigercounting
Mr. Geiger is Managing Partner at MJG Capital, a limited partnership specializing in natural resource investments. The partnership is long-only and holds a concentrated portfolio of resource equities. Investments include explorers, developers, and producers of precious metals, energy metals, industrial metals, and ag minerals. Matt is a graduate of the Wharton School at the University of Pennsylvania and previously founded a venture-backed technology company most recently valued at $150m.
#MattGeiger #Mining #Commodities #Fed #JuniorMining #Lithium #GreenEnergy #Copper #Egypt #Brazil #Mergers #ProspectGenerators #Jurisdiction
...
https://www.youtube.com/watch?v=Vxtk0TLZCGs
Transaction
Created
3 weeks ago
Content Type
Language
video/mp4
English