Lobo Tiggre: Election, risks and gold

Palisade Radio, Released on 11/5/20 (Recorded on 11/3/20)

Time Stamp References:
0:00 – Introduction
0:35 – Buyer beware and free services.
1:45 – Election day, risks and gold.
4:50 – Risks from a democratic victory.
7:30 – Where is gold heading?
9:00 – Mining equities vs. other equities.
14:40 – High margin projects and M&A.
17:25 – Recovery or another leg down.
19:20 – The greater depression?
22:50 – inflationary scenarios.
26:30 – Other opportunities, copper & nickel.
31:00 – Oil forecast and miners.

Tom welcomes back Lobo Tiggre founder and CEO of Louis James LLC. He is the principal analyst and editor of the IndependentSpeculator.com. Lobo points out that there are a lot of experts that target investors and one should be wary of their motives.

He says, “Today, everything looks good for gold as as all the politicans will spend more money.” Trump has stated that he will not shut the economy down again but politics today carries additional near term risk.

In the event of a Democrat victory there would be some negative implications for US mining stocks. Right now even a steady flat price level for gold would be good for most mining companies.

Today the economy is on life support stimulus that can’t be stopped. However, it’s possible that no amount of money printing will save the economy. We are in uncharted waters and no one knows what will happen as a result.

The belief today seems to be that printing doesn’t cause inflation. The more overconfident central banks become the greater the risk becomes of something breaking.

Lobo discusses various opportunities in mining and how there are crucial moments in a mining companies development life where these stocks can outperform.

Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey’s protégé at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey’s flagship newsletter, the International Speculator. Now he brings his experience, his connections and his deal flow directly to you, without the barrage of marketing hype used by larger publishers. He is now the editor of IndependentSpeculator.com.

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