Latest Musings

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Musings on Investing

Avoid Commodity Price Speculation Maritime Resources (MAE) I have never met anyone who succeeds in speculating in commodities. Most commodity speculators come to believe in the bright future of a certain commodity using oft-repeated slogans…


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Musings on Investing

More Nuances on the Third World A Speculator’s Portfolio My experience based on having run three companies in India is that there is not much, if anything, you can do about those in the Third…


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Musings on Investing

The Third World: Regressing to a Malthusian Equilibrium IDM Mining As a teen, I started to realize that the people chained together when being moved from one place to another were bonded labors (slaves). Girls…


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Musings on Investing

Trump: Why I am Increasingly a Fan ValOro Resources (VRO), etc. As time has gone by I have grown increasing respectful of Trump. Not only he is doing what he said he would, but he…


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Musings on Investing

Gold: To go up as the Third World Implodes Nevsun Resources (NSU), etc. Sophisticated investors often follow gold price in US dollar. This is despite the fact that the biggest buyers of gold for wealth…


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Musings on Investing

Mining Shows in Colorado Salazar Resources (SRL), Amarillo Gold (AGC), etc. A trip that I look forward to every year is to Beaver Creek, to attend the Precious Metals Summit and then to Colorado Springs…


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Musings on Investing

The Deceptive Low-Costs of the Third World Novo Resources (NVO) Prices of smartphones and laptops tend to be similar around the world. But prices of what are called untradable goods tend to differ, sometimes drastically….


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Musings on Investing

Trump: Why I Like Him GFG Resources (GFG) When Trump banned refugee admissions and put a blanket ban on the arrival of the citizens of Iraq, Libya, etc., there was a huge amount of opposition….


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Musings on Investing

India’s “Independence Day” Kangaroo Resources (ASX.KRL), etc. Last week India celebrated its 71 years of independence from the British empire. I saw the following photograph from a flag-hoisting event at a remote school. As anyone…


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Musings on Investing

Why the Poor Stay Poor Salazar Resources At the recently held FreedomFest in Las Vegas, we had a very interesting panel on why poor societies stay poor. It was a discussion between Doug Casey, Rakesh…