Hudson Taylor

9
Jul

A Guide to Buying Physical Gold and Silver

Back in 2011, I was convinced that gold was headed to $5,000 an ounce.
Silver?
An easy $100.
So I bought eight 1-ounce American Gold Eagle coins and 160 American Silver Eagle coins.
All told I spent close to $20,000.
I was working in marketing for legendary contrarian investor Doug Casey at the time.
The guy was (and still is) a huge advocate of storing much of your wealth in physical gold and silver.

8
Jul

How to Profit on Tattoo Regret

As I watched the face-tattooed young man work behind the counter of my local coffee shop, he thanked the woman in front of me for her order.
That’s when I realized, I recognized his voice.
He was Josh, the son of a good friend.
I hadn’t seen Josh in nearly 10 years, when he was just a shy teenager.
Now here he was, a late-20s something working as a barista.
“Hello, Josh,” I said. “It’s been a long time – how are you?”
“Mr. Fogel?” he said, almost sheepishly. “I’m good, I guess… yeah, it’s been awhile.”
Business was slow that morning, so we chatted a couple of minutes as he made my double cappuccino.
I couldn’t help but ask about his tattoo.
“I had it done in college,” he said. “I thought it was pretty cool back then.”
But now, he said, it was a major hindrance in his quest for a professional job.
“I’ve been on a bunch of interviews, but they never call me back,” he said, sounding flustered. “I’m sure it’s the tattoo… I wish I had the money to get rid of it.”

8
Jul

The Diary Newsletter July 11

Welcome to The Diary, the newsletter for essential small-cap investing intelligence, presented twice a month by Dear Retail. We hope you enjoyed our last issue – if you missed it, you can find it here.

2
Jul

Mining Investing Infographic Part 5

One of the best ways you can avoid mistakes with mining stocks is by taking a look at their history. How successful were their previous projects? How strong is their funding? These two pieces of information can provide you with valuable information for your decision-making process.

2
Jul

Mining Investing Infographic Part 4

Mining is much more than simply extracting ore and minerals. There are a lot of technical factors involved.

From deciphering the characteristics of an orebody to the extraction process, every detail matters to the success of the operation.

2
Jul

Mining Investing Infographic Part 3

If you think mining is only about location then you’re only about half right. While the physical location of the mine is certainly important to its success, other factors play a major role as well. Consider how a mining project’s location can stir up social debate and environmental discussions—and suddenly things are a bit more complicated.

2
Jul

Mining Investing Infographic Part 2

Anyone can have an idea for a business, but not everyone can run one. And when it comes to industries that can make real money, having a solid business plan is everything.

That’s what makes picking the right mining company to invest in so difficult. Yes, there is a lot of money to be made in mining, but to truly build a business, there needs to be a concrete strategy in place.

2
Jul

Mining Investing Infographic Part 1

Investing in stocks can be a thrilling and enriching experience, especially when you’re on the receiving end of a big return.

One way investors have discovered greater returns is by investing in junior mining stocks, which are small publicly traded companies. However, these companies represent a high-risk, high-reward investment.

16
Jun

The Biggest Risk to the American Power Grid

It was a warm October morning.

I was headed out for my daily caffeine fix, and as I drove I sensed something weird with the sky.

There was a strange, giant grey cloud on the horizon. At first I thought it was a thunderhead.

Then it hit me – that wasn’t a cloud.

 It was a huge plume of smoke to the north.

Wildfire!

I live in Northern California, where sadly we now get wildfires every year… especially in the fall, when the dreaded “Diablo” winds blow.

Thanks to the Diablo winds from the previous night, what had started as a small fire had now exploded in size, and was heading our way.

So I packed up some clothes and my laptop just in case.

The next morning my cell phone started screeching that it was time to evacuate… NOW.

I drove to a friend’s place outside the evacuation zone. The next few days were nerve wracking, as the winds did indeed turn hellacious and threatened area cities and towns.

Four days after being evacuated we were cleared to return home.

But when I got there I found we had no electricity or gas, as PG&E (Pacific Gas and Electric, our power company) had pulled the plug on it.

Power shut-offs like this are the new normal for much of California during fire season (roughly May through October), as it’s easily the most effective way for PG&E to reduce the odds of wildfires caused by high winds.

Intermittent power shut-offs might also become the new normal for much of the rest of the US.

We’re now experiencing deadlier wildfires in California and the Western US… stronger hurricanes in Florida, the Eastern Seaboard, and the Gulf states…  more destructive tornadoes in the Midwest…

The point is, we all take “on-demand” power for granted.

From our gas stoves… to the lights in our homes … to our air conditioning and heating systems… and every other modern convenience…

No one worries much about whether “juice” will be available the moment we need it.

But America’s power grids face some very serious threats.

Everything from wildfires, floods and hurricanes, to the political instability of energy producing countries, and the manipulation of energy supplies (as evidenced by the 2019 OPEC spat between Russia and Saudi Arabia).

Then there’s terrorists and foreign hackers.

This last threat is particularly worrying.

16
Jun

The Diary Newsletter June 27th

Welcome to The Diary, the newsletter for essential small-cap investing intelligence, presented twice a month by Dear Retail. We hope you enjoyed our last issue – if you missed it, you can find it here.