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A native of California, I attended California State University - Long Beach, majoring in Economics and Information Systems, and began
my business career in 1989, in commercial and investment real estate. I have been investing in stocks and a studying
the market for over 15 years. When I first started, I had to go to the public library to view the ValueLine stock books!
I started studying Technical Analysis in 1998 and learned just enough to be dangerous! I did very well leading up to the technology
bust in 2000, but like many others suffered great losses due to lack of risk management. That's when I began to seriously
study Technical Analysis and Trading in earnest. |
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Beginning in 2005, I traded an initial stake of $40,000 into over $1.1 million, and retired from real estate in 2006
in order to trade full time. How did I do it? Well, the key to bull riding, profitable trading and life is timing! I
have come to learn and employ simple trading techniques that reflect changes in trend, or crowd behavior. My sizable returns
were generated by recognizing these trend changes early, and employing leverage to trade
in concert with the major
intermediate trends for precious metals. This kind of trading is known as momentum trading, and is the core of our approach
and methodology. Today, I remain an ardent student of the markets, technical analysis and trading.
Every successful Trader stands on the shoulders of all the great Traders throughout history who have shared their knowledge, wisdom
and experience. I am no different. To all the great Traders I have studied and learned from – past and present – I am
humbly grateful. In acknowledgment of their profound contributions to my life, it is my goal to enrich your financial life by
imparting my trading and investment knowledge, wisdom and experience to you.
The current secular bull market in Precious
Metals will likely be historic before it is over. Most commodities cycles throughout history last an average of between 17 –
20 years. Since the current Precious Metals bull market began in 2001, there should be many more years of outstanding returns
to come. Presently, the general public is blissfully unaware of gold & silver’s role as money for over 6,000 years
of human history and the nature of our current fraudulent, fiat monetary system. However, in time history, economic law, and
the laws of human nature itself will drive Precious Metals to unimaginable heights.
This aspect of “human nature” is especially
important to understand when it comes to the Precious Metals Sector – which turns traditional economic theory on its head! Conventional
economic theory says that as the price of a product or commodity rises, people will seek a lower cost substitute, and producers
will respond with increased production to take advantage of the higher prices. With substitution creating less demand
and producers more supply, prices fall as the free market seeks supply & demand "equilibrium".
Presently, gold producers are attempting to respond but finding and mining gold isn't like making widgets! After
tens, even hundreds of millions are spent on exploration - it's still going to take 7-10 years to obtain government
and environmental approvals - just to begin mining. This is one of the reasons industry produced data reflects gold &
silver production continuing to lag increasing demand.
What substitute is there for gold? Gold is innately engrained in
humanity throughout history as rare, valuable, representing wealth and the highest standard. Therefore, the higher gold
& silver rise, the more people will want them - here the laws of "human nature" take affect, as in:
“People want
what other people want”.
Bear in mind, it doesn’t have to provide any kind of utility – it can be something as silly
as fashion or style, but if other people want it – people want it! How much more so this applies to gold & silver -
they don't call them "precious" for nothing! This is the essence of “Gold Fever” and all the legendary Gold Rushes since the
beginning of recorded history - and nothing about human nature has changed since!
Welcome aboard this historic "Golden
Bull", and hold onto your hat for a once in a generation ride!
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