Lobo Tiggre: The Caveat Emptor Investment Philosophy
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.
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 – Flationary scenarios.
26:30 – Other opportunities, copper & nickel.
31:00 – Oil forecast and miners.
Talking Points From This Episode:
- Possible election risks.
- Economy is on life support and requires stimulus.
- Inflation risks and stagflation.
- Thoughts on lithium and nickel.
- Oil, uranium, and other mining company opportunities.
Guest Links:
Website: https://independentspeculator.com
Twitter: https://twitter.com/duediligenceguy
Facebook: https://www.facebook.com/louis.james.965580/
Linkedin: https://www.linkedin.com/in/lobotiggre/
Geology Q&A: https://www.youtube.com/watch?v=E_y9pQLbI10
Lobo Tiggre, aka Louis James, is the founder and CEO of Louis James LLC, and the principal analyst and editor of IndependentSpeculator.com. He researched and recommended speculative opportunities in Casey Research publications from 2004 to 2018, writing under the name “Louis James.” While with Casey Research, he learned the ins and outs of resource speculation from the legendary speculator Doug Casey.
Although frequently mistaken for one, Mr. Tiggre is not a professional geologist. However, his long tutelage under world-class geologists, writers, and investors resulted in an exceptional track record.
A fully transparent, documented, and verifiable track record is a central feature of the IndependentSpeculator. Mr. Tiggre will put his own money into the speculations he writes about, so his readers will always know he has “skin in the game” with them.