Transcript John Hathaway/Ian Gordon /Don Doyle / Frank Holmes/GATA

WWW.MININGSTOCKS.COM
60%
D J IA %
40%
G o ld %
20%
0%
1997
1995
1993
1991
1989
1987
1985
1983
1981
1979
1977
1975
1973
-40%
1971
-20%
1969
P e rc e n ta g e G a i n s / ( L o s s )
Gold
D o w J o n e s /G o ld A n n u a l R e tu rn s
80%
1967
J Taylor’s
Y e ar s 1968-1996
& Technology Stocks
(Now in our 23rd year)
Our Monthly & Weekly Service Includes:
• Model Portfolio Strategy.
• Recommend Stocks – Focus on Small Cap
Stocks - Gold/Energy/Essential Tech Stocks.
• Interviews - John Hathaway/Ian Gordon /Don
Doyle / Frank Holmes/GATA/ Jim Rogers/ Bill
Powers (Energy) /Congressman Ron Paul,M.D./
Dr. Ravi Batra /Dr. Larry Parks & more.
• FREE - 1 MONTH SERVICE - EMAIL Only
This Was Not Achieved by Following CNBC!
$1,000 Invested on Jan 1, 2000
J Taylor's Gold & Technology Stocks vs. S&P 500
(January 2000 through March 2004)
$2,500
$2,176
$2,000
JT's
$1,500
S & P 500
$767
$1,000
$500
$0
2000
2001
2002
2003
2004
Two Anti-Free Market Economic Theories
---> Leading to Global Imbalances & Dislocations
* Keynesian Economics (A Planned Economy)
Fiscal Policy to Manipulate the Economy
* Monetarism (A Central Planned Money Policy)
Manipulate Markets via Money Supply
Even if Correct & Execution Were Perfect
Problem: Political Bias Toward Stimulation
---> Creates Bubbles-->Bubles Burst-->Deflation
The Result? Multiple Bubbles
* Bailout of S&L's --> Mexican Crisis
* Bailout of Mexico --> Russian & LTCM
* Bailout of Russia & LTCM --> Asia
* Asia + Y2K immaginary --> NASDAQ
Now: Housing/stocks/bonds/Globally!
1970’s - Vietnam & American Socialism
1980’s - America Expands Socialism & Military
Industrial Complex - Printing Press Money
1990’s Clinton & Fed Multiple Country Bailouts
1996 “Irrational
Exuberance” Speech
1971 Gold Window Closed
John Exter - Pro-Gold Money Central Banker & Deflationist
What About Gold in a Deflation?
John Exter's Inverted Pyramid
Small Business
Real Estate
Diamonds/Gemstones
OTC Stocks
Muni Bonds
Corporate Bonds
Listed Stocks
Government Bonds
Treasury Bills
Fed Reserve Notes
GOLD
"The Long Wave Analyst"
* Kondratieff Cycle Analysis - Real Data From 1780's
* 1999 Began Funding Junior Gold Mining Firms
Ian Gordon’s Long Wave/Kondratieff Cycle Data
The Gold Anti-Trust Action Committee - GATA
www.GATA.org
Bill Murphy
GATA “Generals”
* James Turk
* Ed Steer
* Reginald Howe
* Bob Landis
* Mike Bolser
Chris Powell
What Will Trigger the K-Winter Deep Freeze?
Debt Cannot be serviced ----> Cascading Defaults
* Debt Continues to Grow More Rapidly than Income
* Rising Interest Rates as Dollar Weakens
* Rising Energy Prices
* Rising Taxes to Pay for Runaway Government
* Aging Population & Medical Care Sap Demand
* Continued Loss of High Paying Jobs Overseas
* Natural Disaster - Water Shortages in West
* Terrorist Attacks
Years 1989-2003
20
02
20
00
19
98
19
96
19
94
19
92
19
90
19
88
19
86
19
84
19
82
19
80
Number of Bankruptcies (in Thousands)
Consumer Bankruptcies - USA
1800
1600
1400
1200
1000
800
600
400
200
0
Gold Shines Brightest in Kondratieff Winters
$1,000 Invested in January 1929-Dec. 1949
$7
$6
$5
DJIA Only
$4
DJIA + Homestake
Homestake Only
$3
$2
$1
Years 1930-1949
19
49
19
47
19
45
19
43
19
41
19
39
19
37
19
35
19
33
19
31
$0
19
29
In U.S. $ Thousands
$8
Gold
The Buy of a Lifetime!
* A Manipulated Market
1. Visible by way of announced Gold Sales
2. Invisible by way of Leases & Accounting
Gimmickry
* $600 + Equilibrium With "no" Panic From Paper
(Frank Veneroso)
* John Hathaway ---> Gold to be Measured in 4 digits
GOLD MANIPULATION = A MAJOR OPPORTUNITY
Gold Stocks at the New York Show
* Canarc Resource Corp (TSX-CCM-$0.65)
* Candente Resource Corp (TSX-DNT-$0.48)
* Cangold Limited (TSX-CLD-$0.15)
* Claude Resources Inc. (American-CGR-$0.88)
* Golden Phoenix Minerals (OTC BB- GPXM-$0.30)
* Great Panther Resources (TSX-GPR-$0.32)
* IMA Exploration Inc. (TSX-IMR-$1.45)
* Jaguar Mining Inc. (TSX-JAG-$2.88)
* New Guinea Gold (TSX-NGG-$0.34)
* Pelangio Mines Inc. (TSX-PLG-$0.33)
* PMI Ventures Ltd. (TSX-PMV-$0.20)
* Spectrum Gold (Nova Gold) - TSX-SGX$3.83)
J Taylor's Workshop Tomorrow at 7:00 AM
WWW.miningstocks.com