Tom Dyson is the editor of the 12% Letter and a contributing editor, with Dr. Steve Sjuggerud, of DailyWealth. He started his professional career at Salomon Brothers, before moving to Citigroup, where he worked for an international bond trading desk in London. In 2003, he qualified to the Chartered Institute of Management Accountants, left Citigroup and moved to the USA to become a fixed income analyst at Stansberry Research.
They call him the Indiana Jones of finance. He arrived in Manhattan in 1968 with $600. He retired 12 years later with millions. No one knows for sure, but these days, the rumors say he’s worth several hundred million.
I think there’s a huge opportunity to profit here. As gold and silver keep rising, people are going to realize the advantages of owning physical gold and silver… Sooner or later, the rare coin market is going to attract the attention of investors.
In the state of Nevada, there’s a company called Wonder Auto Technology. At first glance, you won’t find anything too remarkable about Wonder Auto’s business.
The first thing I noticed about the bank was the salsa music. They had set up a guitar amplifier in the corner of the parking lot. The music was so loud, pebbles jumped off the asphalt in front of the speaker. A waterproof advertising banner hung from the bank’s roof. “WE BUY GOLD,” it proclaimed in thick black letters.
“The policia will rob you if you go down there…” I had just arrived in Ciudad Juarez. Ciudad Juarez is a border town across the Rio Grande from El Paso, Texas. It was 9 a.m. I was looking for a supermarket to get breakfast. A woman had pointed me down a backstreet. I started walking down the backstreet when a man called out to me, warning about the police.
The international spot price of gold is $929 an ounce. Today I found a way to buy solid gold at $548 an ounce. This is a wonderful deal. It cannot be beaten anywhere in the world. But there is a catch: supply. However, this year, that changed.
If you laid all of the 2×4s that make up a railcar full of lumber end to end, they would stretch 32 miles. I know this oddball fact because I want a railcar full of lumber.
If you laid all of the 2×4s that make up a railcar full of lumber end to end, they would stretch 32 miles.
I’m bullish on agriculture.
I first turned bullish in 2005 when I realized the ethanol boom would consume a third of the U.S. annual corn crop. As I investigated this story, I realized global population growth, rising prosperity in Asia and around the world, shortages of arable land and clean water… and a bull market in commodities… would send agriculture prices through the roof.