Lobo Tiggre: This is the Year the Fed will be Revealed
Tom welcomes back Lobo Tiggre founder and CEO of Louis James LLC. He is the principal analyst and editor of IndependentSpeculator.com. He specializes in evaluating resource companies.
Lobo discusses his thoughts on the Fed’s actions but notes that he is not an economist. Inflation appears to be the trend and even Powell has retired the term transitory. Shutdowns and supply issues will take time to resolve so inflation and high prices are likely to persist. What happens this year is anyone’s guess but the likelihood of a major market meltdown remains high. The growth outlook for overall equities does not look high.
Ultimately, gold is usually tied to the dollar and overall this past year has been good for mining companies. He is focused on building his gold and silver positions but remains very bullish on uranium. Uranium equities experience a lot of volatility but this can also serve as buying opportunities.
Lobo discusses his strategies for speculating on explorers and miners. The pre-production sweet spot is often an excellent opportunity. He likes to watch for explorers that continue to find opportunities due to a correct geological model. This year we will likely see a lot more mergers and acquisitions.
He questions the value of ESG models and the risks if society continues to make permitting hard for miners. Good corporate citizenship is important for companies but we seem to be in an era of heightened political risks. In the worst-case scenario, we could see mining in western countries become impractical.
Lastly, he discusses the possibility of substitutes for green energy metals. Copper will be needed in abundance regardless and further price rises seem inevitable. Oil is another sector that is hated and could easily become a good contrarian play. This year will be one for investors to take a careful active approach to their investments.
Time Stamp References:
0:00 – Introduction
0:34 – Fed & Market Reactions
7:31 – We The Lunatic Fringe
10:34 – Inflation Outlook
14:56 – Gold & Inflation
21:27 – Gold Vs. Silver
24:10 – Evaluating Miners
26:34 – Speculation Rules
31:08 – ESG & Mining Risks
35:28 – Uranium & Equities
43:55 – Other Commodities
49:04 – Wrap Up
Talking Points From This Episode:
- Fed’s actions and why inflation will persist for some time.
- Why 2021 was a good year for gold mining companies.
- Tips for evaluating companies and avoiding risk.
- Green energy and why the world will need more copper.
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.