1998
XIX, No. 12 - December,
1998
Banro Resources - Banro
is currently selling for about the cash it has in the bank. Can is
sell for less than cash? Possibly, because other companies are. I
own a fair bit at higher levels, and have no plans to sell.
The Junior Gold Review
- Semi annual review of all junior golds in the portfolio: producing,
developmental, exploration and silver companies.
Notes - Tax loss selling,
gold and silver coins, money managers, and more...
XIX, No. 11 - November,
1998
Make Terror Your Friend:
Part II - The volatility of the market doesn't faze people much anymore;
it's been a feature for the last several years that's mainly presented
buying opportunities, so people think it's a good thing. I hope I'm
dead wrong, the bull market resumes, and it turns out recent events
were just one more buying opportunity.
The IMF: An Engine of Destruction
and Corruption - I've commented on the IMF here many times over the
years, as it has stumbled from one disaster to another, always covering
its tracks with a smokescreen of smooth PR. It's especially fun to
ridicule its employees like its approximately one thousand economists,
who've been completely blindsided by absolutely every financial and
economic disaster that's ever come down the pike.
The Future of Banking -
I'm now investing in a company, Customer One Direct, that promises
to do for the banking industry what Charles Schwab did for the brokerage
industry. And few businesses are dumber, more poorly managed, or more
in need of shock therapy than the banks.
The Markets/Open Positions
- Semi annual market check up and portfolio update.
Notes - The elections,
Republican revolutionaries and more...
XIX, No. 10 - October,
1998
Investing in Uranium -
It's a certainty that global baseline demand for electricity will
continue to grow rapidly. What is open to question is whether the
amount of nuclear power generated over the medium term will more or
less stay the same world-wide (the consensus opinion) or start increasing,
which I believe. History, the USEC, companies poised to take off with
uranium, and more...
XIX, No. 9 - September,
1998
The Junior Gold Review
- Semi annual review of all junior golds in the portfolio: producing,
developmental, exploration and silver companies.
Western Pinnacle - is a
pure play on natural resources in Russia - but with Western management.
As such it is, to my knowledge, unique.
Pan American - is a longtime
recommendation in these pages. The company was founded with the intention
of becoming the market's most direct and leveraged play on silver.
Notes - Saving Private
Ryan, Another White House reunion, food storage, America or Rome?,
the stop loss strategy, New Zealand, and more...
