Reason I want to do that is I'm going to try to grow up a bit and develop a system for myself. I'm not a buy and hold person at all, so I need to get a proper system to get myself in and out, instead of "buy and hope".
Anyway... I've gone through a few pages, and have now run into my notes from the Sunday analyst do at the March 2011 PDAC. Some interesting things are here:
- Ian McAvity predicted $45 silver and bull oil. Pretty good, eh? He also thought the S&P run was "overextended and so vulnerable" - and as it turns out, we were $25-$30 from $SPX's peak, and 100 points above where we are now. Good call Ian McAvity! Seems like a Tanashian-type newsletter, same price too except one-third the number of issues. And on paper via mail, apparently. Might check him out... then again, I already subscribe to the biiwii newsletter.
- John Kaiser: he's not the Russian KGB stooge Max Keiser from Russia Today. He drew the parallel between low short-term interest rates and the pension fund collapse; I feel this is an important yet completely ignored undercurrent in modern mass political discontent. He predicted a young-generation uprising against the baby boomers: is this anything like Occupy Wall Street? At the same time, he was also calling for inflation to cause supply shocks and thus rioting; yeah, Egypt was unresting already by PDAC, but now we're more worried about deflation, eh? As for his picks: Avalon Rare Metals has collapsed about 60-70% and QRM's down over 50%. Rare earths? Is teh suckz. Kaiser rationalized a fad, is all.
- Ha ha! Then I ducked out and chatted with Dynasty at their booth. They said Ecuador wanted to get a few contracts done before June. Ha ha!
- Mickey Fulp's talk was basically a primer on resources and reserves. He noted that a resource basically is worthless - only a mineral reserve is mined. Good point, ignored by many perhaps. No predictions from Mickey.
- Brent Cook did his chat on the Seafield pump. Answered a question on Sunward, feels it to be low grade. With respect to Kaiser, Brent's AMM has also gone down about 40% since his PDAC talk. Lydian has held up quite well though.
- John Doody basically pumped his subscriptions for half the talk. At the same time though, he threw out Yamana as one of his picks, and that's done well since, so good on him!