RE: RE: RE: RE: RE: Not a Smart Move Regarding John Kaiser’s statement from a previous interview. RBW and a few other companies ARE providing fundamental successes, as we’ve seen over the past year. JK is referring to the many “Life Style” companies that have appeared over the years. “Life Style” companies suck capital out of the market while doing very little if any exploration at all. Hopefully most of those type of companies will be wiped out over the coming months. That would clear the way for the more active companies to raise funds and continue developing their projects.
JK and RR both have large followings and I suspect they’ve been dealing with a lot of frustrated investors. Over the years that I have read and listened to JK and RR, they still know that difficult times spell opportunity. The warning JK gives that we’re not out of the wood yet is understandable. He’s accountable to a lot of loyal subscribers and he’s trying to be very careful about predicting the future of the overall markets. I think most professionals with experience in this business will agree, we’re been through tough times before and just when everyone thinks the world is coming to an end, that’s usually when the next bull market busts through the gates.