Some Casey Loose Ends1.0)
Doug Casey listed Altius as a recommendation several years ago.
The name of his Newsletter is The International Speculator.
Now a few years ago, he started a second newsletter, The Casey Energy Speculator.
Now The International Speculator is exclusively a newsletter about primarily gold exploration companies. A few Silver exploration and Copper exploration companies are also covered.
The Casey Energy Speculator is devoted to Energy Speculation.
It is primarily devoted to Uranium, Natural Gas, Petroleum exploration and development. Sometimes he gets into coal.
Also, covered are companies involved in renewable resource power generation. Geothermal and Hydroelectric come to mine.
So there is a glaring problem here. To even a moron, it would be glaringly clear that Altius is in the wrong newsletter. Altius was put in the gold exploration newsletter because at the time, it was the only newsletter that there was.
Gold mining exploration was only a small part of Altius. If it were up to me, I would have made a unique exception, and put Altius in both newsletters.
So I have often wondered how this problem would be resolved.
I have seen times when Casey solution to a difficulty just left me reeling.
How about this as a pretext of a solution?
Company XYZ has been so successful that we are not going to cover it in this newsletter any longer. The poor newsletter subscribers are being led astray so that Mr. Casey could wiggle out of this inconvenience.
Remember that PVE and Pugsley are still here.
2.0)
Again and again and again, I have seen Doug Casey jump out of stocks before they have barely begun to realize their potential. I think that one of the reasons, for which he closed down the old form section of his website, is that subscribers would criticize some of these things for all to see. Closing down the forum was, IMHO, an excellent example of Casey doing something very stupid.
I was trying to select an example, this one surprisingly stumbled out of nowhere this evening.
In August 2004, Casey put out a SELL on MAG silver at $0.90.
Today MAG silver is at $14.25. That is a 1400% gain.
So that SELL may have cost me $200K.
PVE stuck with MAG silver.
PVE is sticking with Altius.
Whom are you going to pick?
3.0)
Global Resource Investments (GRI).
This is Rick Rules firm.
Doug Casey recommends this firm to his subscribers.
GRI is just a front end that deals with customers.
It does not have a rear end of its own that deals with the market.
When you purchase a sock thru GRI,
you make your check out to - “RBC Dain Rauscher.”
RJ