Exceptional interview with John Kaiser about Gold and the Miners
posted on
Apr 09, 2013 11:19PM
(Edit this Message from the "Fast Facts" Section)
I've been listening to Jim Puplava's great interviews for several years and I'm a paid member of his midweek podcasts, but the free interview link below is one of his best interviews ever about gold and gold miners. I believe the interview for most of you would be very much worth 1/2 hour of your time and it might actually get you a bit excited about SFMI's potential to ignite the whole mining sector. The first half is a thorough discussion of what has happened to the miners and more importantly, why it has happened including a detailed discussion of how naked short selling works and how the hedge funds use this technique along with high frequency trading vehicles to trash all Jr. resource stocks. He said that this current bear market has left 900 of the 1800 Jr. resource stock he follows on the Canadian exchange selling for UNDER 10 CENTS!!! But, if you can only spare 15 minutes, the second half is especially interesting because Kaiser has a unique take regarding the relative valuation of gold wherein he explains that we're about 1/2 to the maximum value based on the CURRENT world GDP and why he thinks that a catalyst for the next liftoff in mining shares could very well be a LARGE USA Jr. Miner discovery (such as SFMI's War Eagle Mtn load!). He said that Nevada alone may well have 200 million gold ounces yet to be discovered which alone would be 2/3 of the US total holdings and that such a new domestic mining discovery craze would then enable the US complete with the ASIAN high growth countries and firmly reestablish the itself as a FUTURE world economic super power. I hope you enjoy this interview as much as I did! Cheers! Khaki