I have decided to start publishing my Quarterly Client Update Letters as True Vine Letters.
If I had to buy only 1 bond fund today and hold it for 15 years. This would be it.
In this True Vine Letter I shake things up a bit with my recent review of The MIning Investor’s Handbook by Robin Bromby. It was my first book review and I thoroughly enjoyed it.
I recently went on the Seeking Alpha Marketplace Roundtable Podcast to discuss my investing approach and opportunities with industrial metals and miners.
In this Letter, an excerpt from the Premium Edition, I look at some reasons why I think an important bottom is forming for developed stock markets.
I recently participated in Seeking Alpha’s year-end roundtable focusing on small capitalization stocks. In this brief Letter, I highlight one aspect that I found most interesting.
The US stock market is down about 15.5% from its late September high and about 7.5% from the beginning of the year. In this Letter, I put things in perspective and share my thoughts on why it happened and where we are headed.
After spending a lot of time over the last few weeks getting into the weeds of the silver market, I have come out as a cautionary bull. In this Letter, I dig into some of the highlights that led me to conclude that the structural supply & demand dynamics for silver point to higher prices in the years ahead.
In this Letter I dig into the supply and demand fundamentals of the gold market. Then, building upon my broader economic and market forecast, I use my findings to produce a forecast for the price of gold out to 2019.
True Vine Letter readers who are familiar with my Forecast know that I am of the view that inflation is coming, but it is still a few years away. In preparation, I will be making some investments in various natural resource related companies. I have begun by compiling data on gold & silver mining companies and developing some methods of analysis to assist in separating the wheat from the chaff. In the coming months I will be writing articles and research reports on various mining companies. Instead of explaining my methodology for evaluating the cost competitiveness of these companies every single time, I decided to simply lay it out here for linking and reference.