Throughout history, whenever the world becomes uncertain, the supply of raw materials takes centre stage.
Itβs no surprise that the smart money has moved out of overvalued tech stocks and into the supply of key commodities.
Donβt get left behind ππ»
The Commodity University
I increased my gold holdings by 50% in 2022. I am not a novel thinker or a trend setter. Usually when I am doing something, a wave of people are doing it too.
Will there be a soft landing? Yes. 100%. Right before the hard one.
There is a momentβ¦ right before you get punched in the faceβ¦ when it doesnβt hurt at all.
24% of the audience at
#VRIC
was under 40 years old.
8% was under 25
It might not seem like much, but only a few years ago, you didnβt see any new investors at a commodities investment conference - and almost no one was under 50 years old.
35% of the audience had never been
Seven years ago today, he opened his eyes to a blinding pain, permeating his cranium. He peeled his head off of the pillow, pulled himself into the bathroom and looked in the mirror.
The man he saw looking back at him was rough. His face was swollen, his eyes bloodshot. There
βThe US is mired in "forever wars," maintaining over 800 foreign bases expending a trillion $ a year for what is loosely termed national security.
The problem is that war is very profitable for the elites, but not so much for the working class."
@Frank_Giustra
's "Letter to
Everybody says βfollow the smart money,β but if you study history, you know that the smart money follows commodities.
#VRIC
tomorrow - Jan 21/22, Cambridge house dot com for tix ποΈ
My wife launched her business this week. Her industry is controversial. She immediately got a wave of haters appear online, unfortunately some of whom she considered friends.
An important reminder: When the lazy spectators start criticizing, it means you are doing something of
Biggest takeaway from yesterday convo with
@RealRickRule
and Ross Beaty on TWIM.
Ross was asked how heβs created 15 companies that delivered 10x returns for shareholders, he said:
There is no magic, there was no aha moment, I just kept working until βeventuallyβ happened.
Be
Remember, you are on your own out there.
No-one has your back, and that is great news. It puts you in the drivers seat.
Take control. Take your sovereignty. Create your reality.
Everybody on Twitter pretty keen to rush out the door pointing fingers and being angry at someone today. Maybe if you are not worried about your personal safety, take a minute to appreciate and be grateful for that. Say a prayer for those not so lucky.
One theme emerged from
#VRIC
after hearing from near 100 global money managers: its time to play defence. Hot war, pandemic ripple effects, civil unrest and currency wars will define the 2020s.
This is a long, slow game. FOMO and HODL are not strategies. Slow down. Be patient.
I'm going live with
@PeterSchiff
on the VRIC Media Channel to talk about government overreach, CBDC rollouts, and whether America is "fixable." The link is below in the comments.
This is LIVE, so hit up the live chat with YOUR QUESTIONS, and we will answer as many as possible.
Come be a shark at the Vancouver Resource Investment Conference. π¦
#VRIC
On January 21 & 22, I am hosting my annual conference in Vancouver, BC, the Vancouver Resource Investment Conference.
This event is focused on early-stage companies in the commodities sector.
If you have
I host a new live show on the VRIC YouTube channel, called This Week in Mining.
Tomorrow,
@RealRickRule
and Ross Beaty are coming on to chat.
Live every Wednesday at 2pm PST / 5pm EST.
Donβt be silly. Be there, and hit up the live chat.
@EquinoxGoldCorp
It will never get old:
Jim Bennett: I've been up two and a half million dollars.
Frank: What you got on you?
Jim Bennett: Nothing.
Frank: What you put away?
Jim Bennett: Nothing.
Frank: You get up two and a half million dollars, any asshole in the world knows what to do:
I need a video host!
We are launching a new show on our
#VRIC
YouTube channel.
Top Mining Stocks of the Week.
Im looking for a couple geeks who LOVE junior mining stocks.
This show will launch on one of our existing channels, already generating around 250k views per month,
"Gold is money, money doesnβt have yield because itβs not supposed to have yield. If you want to have yeild you need turn your money into something else and accept risk."
@JamesGRickards
#SilverGoldSummit
I donβt time markets, but as a general rule - I want to go to the party thatβs just getting started, not the one that is about the be broken up by the copsβ¦
I am hosting a monster event on our YT channel end of March - focus is on the commodities sector. I have 2 spots left for guests... who should get the call?
#gold
#silver
#uranium
#copper
#energy
Ways to earn money as a writer:
1. Lie to people who want to be lied to, and youβll get rich.
2. Tell the truth to those who want the truth, and youβll make a living.
3. Tell the truth to those who want to be lied to, and youβll go broke.
@jasonzweigwsj
@collabfund
After interviewing over 300 money managers, economists, politicians & entrepreneurs, I can say there is a distinct negative correlation between confidence and experience.
Those who are the most accomplished are also the least confident in their understanding of the world
I made the list π€·ββοΈ
The Centre for Countering Digital Hate has assembled a list of channels guilty of hosting conversations that counter the βapproved climate change opinion.β
Trafigura just purchased $577 Million of fake nickel. A trader forged documents and shipped containers with a comparable weight of worthless material. Trafigura had paid upfront. With cajones that big, should he get to keep the dough?
82 years ago today, 120,000 Japanese Americans living along the west coast of the USA were forced into internment camps.
Roughly 80,000 of them were American born citizens.
Despite this, thousands of Japanese men from the camps volunteered to serve in the US military.
The 442
Delayed flight from SAN, missed our connect in SFO trying to get home to YVR. My wife, 4 kids and I (we took in my niece for the summer).
No flights for a family of six for two days. Luggage is lost.
No clean clothes, everyone exhausted.
New challenge, turn this into an epic