THESIS: As I stated in the recent radio interview -silver has fallen out of the ” normal ” ratio of 1/16 th the value of gold. I don’t think it will return to that ratio but I do believe it offers the same ” portfolio ” protection from government cupidity and stupidity as gold – with the potential to rise more as a per centage of present value. Our call ( using the exclusive Richardson/ Bass Quant ) is $2000 for gold by year end and for silver to rise by a greater per centage by that time.
American’s geopolitical, production, and cost profile will benefit
greatly—Pan American has been punished due to the rather high
exposure to Argentina and Peru, relative to Mexico.
become a 50m-oz producer by 2016, ranking it amongst the largest in
the world. Just as importantly, however, from investors’ point of view,
is the closing of the 2011–2014 growth gap, which is rewarded by the
market. Additionally, Dolores cash costs are significantly below the
average cash cost/oz. of Pan American’s existing operations, meaning
the company should see strong net margin expansion on top of a
revamped production growth profile.
silver deposits in the world, which will increase both production and
cash flow in the near term. That will be followed by a BIG jump in
2015—a 20 million ounce jump–as Navidad comes online.
This should lead to a re-valuation of Pan American sooner rather than
acquisition of Minefinders, will boost 2012 output to between 27m- 8m Oz. and 95,000 Oz. of gold and 2013 output to 31m Oz. of silver nd 125,000 Oz. of gold.
Rule No.1 First Invest In Yourself
Rule No. 2 You Can’yrofit From Books You Don’t Read
This review is for: Apprentice Millionaire Portfolio 2012 http://amp2012.com/2012/03/10/
The first edition of Stock Market Magic: Building Your Apprentice Millionaire Portfolio authored by Jack A. Bass, was published in March 2012. This review is based upon reading that edition and the author’s stock market letter at http://www.amp2012.com
This comprehensive volume (some 500 pages ) offers the reader the nuts and bolts as to what the Apprentice Millionaire Portfolio strategy is based upon – investing , trading and selection.
While many investors today talk about an ” investing” style, I challenge how many have actually developed their own criteria – here in this 500 page volume is a written system and series of selections. Many of the basics have stood the test of time. The volume also allows for junior companies to be considered with the ” blue chips” of each sector. More than 150 companies are profiled.
The books offers Watchlists of stock selections in a variety of sectors such as energy and precious metals. This will allow the reader to create a portfolio in line with the AMP process and thinking. In that way a great deal of hard work has already been done.
It should be noted that the book contains information on how to analyze a wide variety of stocks. Actually a great proportion of the book is devoted to giving the investor the basic thesis of why an industry such as energy was chosen and why particular stocks are the top picks for each industry or sector analysis. Information is in a clear and readable format.
Different from Graham and Dodd’s disdain for “speculators,” or what we might call “traders” the author gives actual trades to back up the assertion that not every selection has to be made until ” death do you part “.
Stock Market Magic : Building Your Apprentice Millionaire Portfolio is a “must have” book for any serious investor’s library.
The E-book Apprentice Millionaire Portfolio is available on amazon.com
For the print edition AVAILABLE NOW – 500 pages soft cover
Stock Market Magic: Building Your Apprentice Millionaire Portfolio 2012
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