"From success, you learn absolutely nothing. From failure and setbacks conclusions can be drawn. That goes for your private life as well as your career." - Niki Lauda
"I continuously go further learning about my own limitations, my body limitation, psychological limitations. It's a way of life for me." - Ayrton Senna
"Always invest with a margin of safety. - Expect volatility & profit from it." - Benjamin Graham
Nice thing about creating a blog > transition > book is VERY FEW people read.
Learning 2 make quick points > Smart Device reduced attention spans of humans to Goldfish.
It's what we do at market extremes which move our portfolio.
Why would I look at the asset class which could be seen as the one which runed my professional career?
We surf waves based upon the conditions given.
Since my return Coming out of The Furnace [Jail] in hindsight I should have traded more and held less preconceived beliefs. Perhaps. Emotions run high back in freedom so I'm not so hard on myself.
It's clear we [producers - workers] are in a war enacted by consumers.
ALWAYS before significant institutional runs in asset classes [4th thru 7th innings] the commercials want the weak hands out. This action is accentuated in quality equities with tighter floats [outstanding shares and subtracting any restricted stock].
Psychological phases of Bull Markets:
- Contrarian - Margin of Safety Bottom Feeders - Weak Hands Give Up
- Intuitions Recognize the new Trend Based > Supply / Demand Fundamentals
- Mass Comprehensive Acceptance of the Trend
Gold as The Only Asset which is Simultaneously nobody's liability has seen 2 primary drivers - Greed & Fear.
Front Running new trends is common for newsletters -
THIS BLOG IS ABOUT CAPITALIZING ON THE POTENTIAL SEISMIC SHIFT IN TECTONIC PLATES IN THE WORLD FINANCIAL SYSTEM
Gold & Resources well out of their natural mathematical deviation is one feather in our hat > Conviction.
On average since the U$D was removed from any constant [gold - no longer convertible or legal after USA Corp declared bankruptcy in 1933] the average investable assets in gold / gold equities = 2/3%.
Today Investable Assets < 0.5% in Gold / Gold Equities. 3/4X growth would just result in a Reversion to the Mean.
Promises to Pay relative to Gold have Skyrocketed [another post].
INSTITUTIONS AND HEDGE FUNDS DO NOT UNDERSTAND THE SITUATION IN EXPLORATION / DEPLETED RESERVES WITH MAJOR PRODUCERS
Three Front Perfect Storm is Approaching. Copper has tremendous fundamentals as well for the larger economy, but the gold market is inverse to the financial world's largest mania in history.
Market Capitalization of Fixed Income Assets > Gold Opposite
SECULAR CYCLE
Survival from this severe devaluation / inflation will require ownership.
Operating bases in Uruguay. Currently looking at Nevada for 2024.
As a former Advisor I can attest to hatred of gold > Feelings Compounded > Gold Stocks.
Buying what people hate [negative sentiment] is a formidable strategy for longer term perspectives in assets needed by mankind.
Dave Ramsey, Harry Dent & Kelsey Williams all agree Gold is a poor investment.
Commercial Traders on the COMEX acting with difference of opinion closing their forward sales [short positions].
Tuesday's settlement for the October 2022 Gold Option Contract.
Scarcity
Few Producers - Plenty of Consumers
'Data is the new oil [CIAT].
Corporate / International Fixed Income @ Morgan
Cycle
Bond Traders - Gold
Gold stocks - San Francico Minnig Exhange
USNA Grad at Chevron
Gratitude - Mind / Body / Spiritual
No new deposits
Exploration cycle
periodic table
Mass Psychology on clean energy - invisible attackers and 'viruses'
Surfing in the real ocean - 75% of the planet -
Nikki Lauda / Senna Quotes [pic]
F1 Sushi Manantiales
Excellent to write and accumulate what people hate and think one is crazy - Akin to surfing seeing things thru tacit knowledge - experience. Meeting Doug Casey at Bikini Beach
Typical hedge fund symbol of volatility - surfers feel the swell - +++ TRIANGULATE +++
Positioning
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