written by reader The Doug Casey Method to Investing in Gold Stocks

By fcass, August 5, 2016

Has anyone looked at Mr. Casey’s method he’s promoting with a subscription to the International Speculator?
Always advised to bet the jockey not the horse in regards to junior gold stocks.

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chuckster59
chuckster59
4 years ago

I find it interesting that Doug Casey has touted all the “killer gains” that he has made in gold with all these companies and still cares to spend an hour of his life that he will never get back in touting yet another new subscription. Obviously the REAL money (and safe bet) is on selling newsletters that this self-proclaimed genius of gold investment methodologies does well at. I listened to most of his hour long rant on his special methodology and one thing that took me aback was his comment “I don’t buy the same stocks I recommend…”. WOW. Really, Doug???

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Reality Man
4 years ago
Reply to  chuckster59

I think he is saying he takes no positions that would benefit from him stimulating demand.

Travis Johnson, Stock Gumshoe
Reply to  chuckster59

Doug Casey sold control of his publishing company to Porter Stansberry a year or two ago, so I imagine he’s probably following Stansberry’s rules now — Stansberry generally doesn’t allow writers to recommend stocks they own. Not sure if he allows them to own those stocks later on, or if it’s just in regards to the initial recommendation.

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BAYGREEN
BAYGREEN
3 years ago

STANSBERRY PULLS THE STRINGS ON THIS ACT. DOUG STILL AT TOP OF ANALYST GAME! BUT I LIKED CASEY SWINGING HIS OWN BAT.AND BERRY DOING THE SAME. BUT IT IS KIND OF FUNNY AS JUST AS ALL THE BUSINESS BIG CORPORATE BUY OUTS ETC. WELL IT MADE IT TO THE STOCK TOUT’S SO I IMAGINE ALL THE BOOKIES ARE HAVING ALL THERE TOUTS GO NATION WIDE. WONDER WHO IS IN CONTROL OF ALL THOSE GAMBLERS TOUTS? CAN BET IT IS IN VEGAS AND JUST A COUPLE OF REAL BIG BOYS HAVE THE KEYS TO THAT LIMO THEY JUST GO THROUGH A LOT OF DRIVERS!

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wmikemarshall
4 years ago

I too am looking for Doug Casey’s current 9 recommendations on Penny Gold Stocks without spending the $2K to find out! My guess is many of the stocks are same the picks as James Rickards Gold Speculator program that focuses on approx 15 top best potential gold penny mining stocks.
Interesting how many different financial newsletters are jumping on the “gold bandwagon” which seems to reinforce my own suspicions that we are headed towards another “2008” or worse within a year or so……….too many big “Players” also pulling out cash to sit on and investing in gold………these people aren’t stupid and many got wealthier during the last crash, so “when in Rome…………”

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Burton
Burton
4 years ago

One thing he alluded to that he didn’t expand on is that the marginal producers have the biggest returns. So the current gold price is about $1,340. Suppose there are producing or non-producing mines out there with proven reserves that aren’t profitable until the gold price reaches $1,400. All of a sudden they’ll have assets they can report on their books (and mine) which previously weren’t on the balance sheet because they couldn’t be mined profitably.

Miners like this are essentially non-expiring options on the price of gold. Problem is to find them you won’t find the non-profitable reserves on the books. They’re specifically prohibited from reporting this.

That’s why Casey’s experience/connections are valuable, he can find the people like this. I’ve also heard of mining exposition where you can go and meet many junior miners and find out the details there. I used to know a guy who did this.

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Common Sense
Common Sense
4 years ago

As always, why would someone who is making so much money and is living the lifestyle give the secret away.

This is the same kind of hack stuff that happened with the housing with the dot com and tulips in the 1600’s

Its all BS if there is a secret formula….no one is going to give it away

Brian C
Brian C
4 years ago

Doug Casey is very well connected in the Junior Resource sector. However, I do not buy high priced newsletters that tout stocks the writers have no skin in the game. It doesn’t make any sense.

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Opi
Opi
4 years ago

You know… If we pull together and do a group buy, each of us wouldnt have to put in $2k each. Anyone keen?

Trader
3 years ago

I trade mostly oil and gold (right now, due to how obvious the analysis is, this will change with equities…the Dow etc) with the charting I do using Elliott Wave and general technical analysis at trackthemarkets.com. THIS IS NOT THE TIME TO BE LONG GOLD…unless you are planning on getting out around $1430-1500 expecting a low, way lower than the previous of $1046. This is a bear-market rally, dead-cat bounce. This last move down in gold ($1360-1240/50) was a good trade in DUST and JDST. The next one will be fantastic, from the aforementioned high. Take a look at my previous charts. People fall in love with gold but it is nothing more than a trade-able commodity. Don’t fall for people pushing gold…or oil for that matter. What surprises me is, most only think in one direction, long. There’s also the other side, but people only think of buying something. YOU WILL GET BURNED WITH GOLD…being long and blindly holding.

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hendrixnuzzles
3 years ago
Reply to  Trader

You might be right. But what specifically gives you that opinion ?

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