Latest / Financial Survival Network / Gold's Next Big Rebound? - Dudley Baker #6352

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Gold's Next Big Rebound? - Dudley Baker #6352 · Financial Survival Network

0:00
Speaker 1: And it looks like on a chart, you know, we've broken,
0:03
Speaker 1: you know, below the five day movie average, below the
0:05
Speaker 1: twenty day moving average, probably now below the fifty day
0:08
Speaker 1: moving average. Just over the last few days. It's been
0:11
Speaker 1: a pretty serious plunge. So it appears that we're on
0:14
Speaker 1: the brink of some serious trend changes and that'll be
0:18
Speaker 1: a matter. Can Gold hang in for a while, or
0:21
Speaker 1: maybe goal still has one last up move while the
0:24
Speaker 1: financial markets roll over.
0:27
Speaker 2: You're listening to Carrie Let's his Financial Survival Network where
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Speaker 2: Survival Network now more than ever.
0:54
Speaker 3: And welcome you are listening to with a financial survival network.
0:58
Speaker 3: I'm your host, Carrie Let's. Well, we are midway a
1:01
Speaker 3: little more than midway through November. Man gold and silver
1:04
Speaker 3: have been doing amazingly well near record highs. They were
1:09
Speaker 3: at record highs. They got beat back a little bit,
1:12
Speaker 3: but now they're climbing back. And it occurred to me
1:16
Speaker 3: we hadn't talked with this gentleman in quite a while.
1:19
Speaker 3: I'm talking about Dudley Baker and Dudley. It's great to
1:25
Speaker 3: have you back on the show, of course always And
1:30
Speaker 3: hey you're mister warrant common Stock Warrence dot com. And
1:37
Speaker 3: what's doing with the warrants? Workt Now, what's doing with
1:41
Speaker 3: these little microcaps? Any progress?
1:44
Speaker 1: Yeah, good to be with you. Carry, Yeah, it has
1:47
Speaker 1: been a while. Well, you know, as you said, gold
1:51
Speaker 1: is near the high, so we may be off ten
1:54
Speaker 1: percent or so, No, biggie, it's always a question what's next,
1:59
Speaker 1: what comes next, and it's all about what are those
2:02
Speaker 1: opportunities how do we participate? So yeah, a lot of
2:07
Speaker 1: what I personally follow is a lot of the small companies,
2:11
Speaker 1: the small miners that may or may not have stock
2:14
Speaker 1: warrants that are trading and uh but but a lot
2:19
Speaker 1: of in the marketplace today, a lot of the small
2:23
Speaker 1: companies have barely budged. You know, we've had some nice
2:27
Speaker 1: movements from the you know, Equinox goal, from the aeroscol Yeah,
2:31
Speaker 1: of course, First Majestic, you know, and some of the
2:34
Speaker 1: beer boys obviously the Franco Nevadas and et cetera. But
2:39
Speaker 1: this is not substantially trickle down to the small players,
2:43
Speaker 1: and that's kind of my game and I love that.
2:46
Speaker 1: So it's always that game will come down to us,
2:50
Speaker 1: and it's still we still have time to say, accumulate
2:54
Speaker 1: some positions down in this arena, and a lot of
2:58
Speaker 1: mind can be down in the penny rain, and so
3:01
Speaker 1: we know they're not going to be the first performers.
3:04
Speaker 1: But yeah, you know, the trust and now I think
3:07
Speaker 1: that all of us have on our minds is what
3:11
Speaker 1: will happen with gold and silver being the leaders of
3:15
Speaker 1: this whole situation. And so where we're off probably ten percent,
3:21
Speaker 1: we're still sitting real close to the four thousand we
3:25
Speaker 1: have sober back off a little bit, but still above fifty.
3:29
Speaker 1: So net you know, if you're just looking at the
3:32
Speaker 1: price of the metals, you're thinking, God, we should all
3:34
Speaker 1: be filthy rich by now.
3:36
Speaker 3: Yeah, he thinks.
3:38
Speaker 1: I think back five to ten years ago, and god,
3:40
Speaker 1: we couldn't even imagine prices for gold and silver where
3:44
Speaker 1: they sit today. This was our fantasy land, fantasy land,
3:49
Speaker 1: and thought, man, we would all be filthy rich when
3:52
Speaker 1: we got up here. But we're not. So I think
3:56
Speaker 1: the major speculative phase is still come and some of
4:01
Speaker 1: the other players that I do follow in the business,
4:05
Speaker 1: you know, kind of have a similar visual of maybe
4:09
Speaker 1: what took place back in two thousand and seven, two
4:11
Speaker 1: thousand and eight, that when the financial markets rolled over,
4:17
Speaker 1: which I don't know if you can see. I wore
4:20
Speaker 1: a red sweater here this morning because we were down
4:24
Speaker 1: pretty hard earlier this morning. Like we're polating and coming back.
4:28
Speaker 1: So the deal is the caution flag. The caution flag
4:32
Speaker 1: is out right now is too well? The financial markets
4:37
Speaker 1: be rolling over. It looks like we could be set
4:39
Speaker 1: up for a trend change. And if so, what will
4:44
Speaker 1: happen with gold and silver? But back in that two
4:48
Speaker 1: thousand and seven two thousand and eight, you know, gold
4:51
Speaker 1: ended up going down pretty hard as well in that decline.
4:55
Speaker 1: But yet gold was one of the first players to
4:59
Speaker 1: come out of that line, and that's when these little
5:03
Speaker 1: small companies really started performing. So I've got others in
5:08
Speaker 1: the business that I followed that think this may be
5:11
Speaker 1: a similar situation. And so, uh, it's a matter of
5:16
Speaker 1: being patient and letting this play out and be confident,
5:22
Speaker 1: confident and comfortable about you know, what your portfolio is,
5:26
Speaker 1: what do you own, why do you own it? If
5:29
Speaker 1: you're looking at stock warrants, you want to make sure
5:31
Speaker 1: that you've probably got a minimum of two years of
5:34
Speaker 1: remaining life on those warrants, and uh and all that
5:38
Speaker 1: good stuff. So we got we got a lot of
5:40
Speaker 1: interesting uh uh situations that are in our databases. Uh
5:45
Speaker 1: and probably a lot of your your followers are probably
5:48
Speaker 1: maybe substantially in the mining space. But yet Yeah, there's
5:52
Speaker 1: all kind of industries and sectors and and as we
5:56
Speaker 1: speak here today, we're sitting with somewhere between in seven
6:00
Speaker 1: hundred and fifty to eight hundred companies that have stock
6:04
Speaker 1: going trading and in our databases. So you know, the
6:09
Speaker 1: the word SPACs, SPAC, that's the purpose acquisition companies. Some
6:16
Speaker 1: of those are coming back to life again. And so
6:20
Speaker 1: we we we tracked all the details on the SPACs
6:23
Speaker 1: as well. And uh so you know, we got all
6:27
Speaker 1: the mining. I got a lot of a lot of
6:29
Speaker 1: cool stuff. The way I like to phrase our database
6:35
Speaker 1: to you know, to our subscribers or or future subscribers,
6:39
Speaker 1: is what we present you is a lot of information
6:43
Speaker 1: on all of all of the companies that have these
6:46
Speaker 1: these warrants that are that are trading, and and there's
6:51
Speaker 1: so many you can imagine, there's no way in the
6:54
Speaker 1: world I can have a handle on this whole database
6:57
Speaker 1: of information. We kind of got to broken down where
7:01
Speaker 1: if you were looking for the companies in the mining space,
7:04
Speaker 1: we've got to tab or just precious metals warrants, which
7:08
Speaker 1: was the name of the previous service that I had
7:11
Speaker 1: and uh, but we can get you honed in more specifically. Yeah,
7:18
Speaker 1: we've got some warrants that are actually trading in the
7:20
Speaker 1: UH in the AI space. And again I'm not familiar
7:25
Speaker 1: with all these companies. There was a home.
7:29
Speaker 3: Yes, it will couple.
7:30
Speaker 1: Within the crypto space, and so it's a matter always
7:35
Speaker 1: I always suggest to people when they first sign up
7:38
Speaker 1: with us, look at the list of companies and do
7:41
Speaker 1: you recognize any of the names of those companies. That's
7:45
Speaker 1: something that maybe you already owned that you don't know
7:48
Speaker 1: that they even have a stock warrant that's trading a
7:50
Speaker 1: lot of other guys in the business they can recommend
7:53
Speaker 1: the companies but have no knowledge whether there's a warrant
7:56
Speaker 1: trading or not. And then it'll be a matter of well,
7:58
Speaker 1: how much time is left on that warrant until exploration
8:03
Speaker 1: and what is the exercise price? Is it even worthy
8:06
Speaker 1: of my consideration? But data, data, data, information, information, and
8:12
Speaker 1: it's all about having a ton of potential opportunities at
8:17
Speaker 1: your fingertips. So you know, I I if if you
8:22
Speaker 1: got a sick, I'll go through a couple of examples,
8:25
Speaker 1: real qu sure, just to showcase, because to me, when
8:29
Speaker 1: you start talking about stock warrants, it is what are
8:32
Speaker 1: the opportunities? So why would I want to buy the
8:34
Speaker 1: warrant and instead of the common shares? Now there's three examples.
8:38
Speaker 1: I just did an article for put Out in the
8:41
Speaker 1: Universe a couple of weeks ago, and I showcased these
8:45
Speaker 1: three situations with with charts, but one was actually it's
8:52
Speaker 1: cipher p c I p h e R mining cypher
8:58
Speaker 1: mining uh c I f R and then put a
9:02
Speaker 1: W on the end for the warrants. Right, I'm taking
9:06
Speaker 1: you back only to April of this year. That warrant
9:12
Speaker 1: traded as low is point one six three seven, so
9:17
Speaker 1: six roughly sixteen and a half cents. At the end
9:22
Speaker 1: of October it was an eleven dollars and ninety three cents.
9:28
Speaker 3: Wow.
9:28
Speaker 1: I don't know about you, but that's one hell of
9:30
Speaker 1: a move. That's just shy of to me, Yeah, just
9:34
Speaker 1: shy four thy two hundred percent in in months. Staggering,
9:42
Speaker 1: staggering opportunity. And believe me, when I did this, h
9:47
Speaker 1: this article, I'm thinking to myself, where was I at?
9:52
Speaker 1: How did I this? Yeah? But that's the thing is
9:55
Speaker 1: that another person looking at our database, another subscriber, may
10:00
Speaker 1: have instantly honed in on this because this is this
10:04
Speaker 1: isn't when we say mining, this isn't in the blockchain arena?
10:08
Speaker 1: Is this company? So that could have really been a
10:10
Speaker 1: hot button for somebody. But again, forty two hundred percent unbelievable.
10:17
Speaker 1: There's another company of USA, Rare Earth, And you think
10:23
Speaker 1: rare earths have been so much in the news the
10:26
Speaker 1: last X number of months, and this had previous this
10:31
Speaker 1: company had previously been a SPAC but took over a
10:35
Speaker 1: rare earth company, and this warrant also in April traded
10:41
Speaker 1: as low as sixty five cents on the NASDAC and
10:46
Speaker 1: the end of October was that thirty two dollars and
10:50
Speaker 1: forty nine cents. My god, just shy of five thousand percent,
10:57
Speaker 1: And again you think, how did you us it? Now
11:01
Speaker 1: there has been major pullback in a lot of the
11:04
Speaker 1: rare earths as we know here recently and a lot
11:08
Speaker 1: of that gain was given back. But in real time,
11:12
Speaker 1: had you been looking at our database and seeing us
11:18
Speaker 1: rare earth, that may have been your hot button and
11:21
Speaker 1: you could have rowed that puppy for one hell of
11:24
Speaker 1: a game. The other company that's been around for a while,
11:28
Speaker 1: that is also a spect that I kind of showcased,
11:30
Speaker 1: called the mining company TMC w W is the warrant,
11:36
Speaker 1: and that one was actually there. They're mining for basically
11:41
Speaker 1: the rare, the real minerals and metals under the ocean floor.
11:46
Speaker 1: And uh and this this baby last December, so we're
11:51
Speaker 1: still less than a year ago. Was it a nickel
11:57
Speaker 1: point zero five end of Uptober? Three dollars eighty four
12:03
Speaker 1: cents was the high for this year. It's up seven
12:09
Speaker 1: four hundred percent. I just leave you at that, Bob.
12:13
Speaker 1: Those are three incredible examples that I missed myself, but
12:20
Speaker 1: they were opportunities that were in our database and could
12:26
Speaker 1: have been easily bought. There's a lot of liquidity on
12:31
Speaker 1: these babies, especially with these three examples here that we're
12:37
Speaker 1: trading on the nastac Sometimes when you do get you
12:42
Speaker 1: get down to the smaller stocks of the smaller companies
12:47
Speaker 1: that have warrant trading, you may find that there's some
12:50
Speaker 1: liquidity issues that I've never had a difficulty in buying
12:55
Speaker 1: whatever i wanted through the years, but yet I'm aware
12:59
Speaker 1: that that could be the situation. But normally, this is
13:05
Speaker 1: especially those that you find that may be on the
13:08
Speaker 1: New York or of the Nasdaq. Even in the money space,
13:11
Speaker 1: there will be a lot of liquidity there. So you
13:14
Speaker 1: don't you don't have a problem buying or solving these
13:17
Speaker 1: these situations. But yeah, that's the thing.
13:20
Speaker 3: How do you buy them? Is it just like buying
13:23
Speaker 3: a stock.
13:24
Speaker 1: It's just like buying a stock, and that's the big difference.
13:27
Speaker 1: I always say, the definition of a stock warrant is
13:30
Speaker 1: very very similar to a stock option.
13:33
Speaker 3: Uh.
13:34
Speaker 1: You know, it's in this case where the stock warrant
13:39
Speaker 1: is a security giving the hold of the right to
13:43
Speaker 1: buy the underlying stock at a specific price. You may
13:47
Speaker 1: expiring on a specific date, but it is a security.
13:50
Speaker 1: It will have a symbol, it will be treated of
13:54
Speaker 1: New York Nasdaq TSX or the Venture Exchange uh, and
14:01
Speaker 1: but it will be trading very very similar to the
14:05
Speaker 1: stock as opposed to the options. So for the most part,
14:09
Speaker 1: if you've got a stock warrant, you don't have to decide, well,
14:11
Speaker 1: you know, what do I want the strike price to be?
14:14
Speaker 1: How long? Yeah, when you come to options, maybe maybe
14:19
Speaker 1: you know the company, but now you've got a whole
14:23
Speaker 1: you got to decide, so how how how much time
14:26
Speaker 1: do I want to look for the performance? How many
14:28
Speaker 1: months do I want while looking for a three month
14:31
Speaker 1: call option or six months a year? At what strike price?
14:34
Speaker 1: You've got a lot of decisions to make if you're
14:37
Speaker 1: fortunate that you can find the stock warrant that you like.
14:42
Speaker 1: Normally a company would only have one warrant trading at
14:46
Speaker 1: a time. We do have a few that have got
14:48
Speaker 1: multiple warrants trading. And if so, if you find a
14:52
Speaker 1: company like that, normally you're going to want to own
14:54
Speaker 1: the most recently issued warrant. That will probably be the
15:00
Speaker 1: best price and will probably give you the longest time
15:04
Speaker 1: factor to go with that. But uh, but a lot less.
15:09
Speaker 1: I want to say, it's simpler in my mind than
15:12
Speaker 1: buying options if you can find what you like here.
15:16
Speaker 1: So again I just say opportunities. It gives investors opportunities
15:22
Speaker 1: that you may not even may not even be aware
15:25
Speaker 1: of if you're not familiar with what stock warrants are,
15:28
Speaker 1: and uh yeah, I'd love to go back. I think
15:31
Speaker 1: we're looking at basically AT and T probably had the
15:34
Speaker 1: first stock warrants traded roughly one hundred years ago. And
15:42
Speaker 1: and it's so there's a lot of a lot of history.
15:45
Speaker 1: This is nothing new that Dudley Baker just put together,
15:48
Speaker 1: you know. So it's if they've been around for a
15:52
Speaker 1: long time, and they've gone quite for a long time.
15:55
Speaker 1: Adding because the way I put it back back and
16:02
Speaker 1: early nineteen eighty the stock options became a really big
16:08
Speaker 1: deal Chicago Board of Option Exchange and basically sucked all
16:14
Speaker 1: the oxygen out of the room or stock warrants, and
16:20
Speaker 1: so even though they've always been there, but the marketing
16:25
Speaker 1: people talking about them, et cetera, really went really really quiet,
16:31
Speaker 1: and it's almost like a big we don't want anybody
16:34
Speaker 1: else to know situation. But anyhow, so it was a
16:39
Speaker 1: massive amount of work, as you can imagine, putting together
16:43
Speaker 1: and even maintaining these databases that we've got to stay
16:50
Speaker 1: on top of all this. But you know, another way
16:54
Speaker 1: I would phrase with stock warrants is that you know,
16:58
Speaker 1: we know our friend Rick rural well in the mining space,
17:02
Speaker 1: so we would know Rick Rule would never do a
17:08
Speaker 1: private placement in the mining space if there were not
17:13
Speaker 1: stock warrants attached. Right in the United States, I mean
17:18
Speaker 1: in the US markets, I pretty much assure you that
17:23
Speaker 1: Warren Buffett never did one of his deals and he
17:27
Speaker 1: did many, you know, with Bank of America and with others,
17:30
Speaker 1: I mean lots and lots of money, that he's never
17:33
Speaker 1: done a deal without stock warrants attached part of the
17:38
Speaker 1: deal because guys are aware of the leverage, the big
17:44
Speaker 1: potential gains that could be made off of these warrants,
17:48
Speaker 1: and even though they're in a private placement, it all
17:52
Speaker 1: works the same. And unfortunately, a lot of times you
17:56
Speaker 1: and I are not going to be given the right
17:58
Speaker 1: maybe to participate in a private pace placement. Definitely not
18:02
Speaker 1: a Bank of America. Now when he gets to the
18:05
Speaker 1: mining space, yes, maybe we will have that opportunity. And
18:09
Speaker 1: I always say if we if we as an investor
18:11
Speaker 1: have the opportunity to participate in a private placement, there's
18:16
Speaker 1: warrants attached, you definitely need to think about that. And uh,
18:19
Speaker 1: and that's probably the best entry price. But for the
18:23
Speaker 1: most part, most of us. Uh we if it's a
18:28
Speaker 1: trading warrant, we we can almost get in at the
18:30
Speaker 1: same price or maybe even less sometimes as those if
18:34
Speaker 1: you were in a private placement. So it's it's it's
18:38
Speaker 1: a secondary way to play the stock warrants. So you know,
18:42
Speaker 1: through the years, I participated in quite a few private placements.
18:45
Speaker 1: Some work out, some work out, and uh, it's just
18:49
Speaker 1: you know, no, no, nobody's got the Holy Grail there.
18:52
Speaker 1: But but I do. I always have some stock warrants
18:56
Speaker 1: in my portfolio. And I guess that makes the question.
18:59
Speaker 1: You don't say, Dudley man, that sounds really interesting, I'm
19:03
Speaker 1: going to go all in with stalk warrants. No, no, no, no,
19:06
Speaker 1: please don't do that. That's not what you want to do.
19:09
Speaker 1: It's uh oh maybe maybe five percent, maybe ten percent
19:13
Speaker 1: at the very most of your portfolio, just like saying,
19:16
Speaker 1: if I asked you, you know, stock options even never
19:19
Speaker 1: put one hundred percent of your portfolio and stock options
19:22
Speaker 1: on any given company. So it's just a piece of
19:27
Speaker 1: your portfolio that's going to be allocated to some really
19:31
Speaker 1: interesting situations and hopefully give you a lot your leverage possibilities.
19:37
Speaker 1: And uh, and to capture more games down down the line,
19:41
Speaker 1: so it's it's never a all all in or none,
19:46
Speaker 1: none or above or all in. So trying to find
19:49
Speaker 1: a balance for you personally, There's been times that I
19:52
Speaker 1: probably had a good twenty to twenty five percent of
19:54
Speaker 1: my portfolio and warrants, and right now it's a really
19:57
Speaker 1: small percentage just due to you know, there's not as
20:01
Speaker 1: many warrants in the mining space as I would personally like. Sure,
20:06
Speaker 1: but this can change at any time. You know that
20:08
Speaker 1: we as soon as we conclude here, I can read
20:11
Speaker 1: an article that x y Z Gold is just coming
20:14
Speaker 1: out with a new stock offering that what warrants attached,
20:17
Speaker 1: And so we can be adding warrants to our database
20:21
Speaker 1: at all the times. And to make it easy as
20:25
Speaker 1: well for our subscribers, on one of our lead pages
20:30
Speaker 1: after you've logged in, we have a link for the
20:34
Speaker 1: latest warrants added, so that regardless of what industry or
20:40
Speaker 1: sector that those warrants will be in. But that way
20:44
Speaker 1: you don't have to go through seven hundred companies all
20:46
Speaker 1: over again looking for what are the new ones. Now
20:49
Speaker 1: we've got this list right in front of you. And
20:53
Speaker 1: to really make it a simple, a simple search vehicle.
20:57
Speaker 1: So you know, my son's kind of my computer guy,
21:00
Speaker 1: and he's done a great job of organizing all this
21:04
Speaker 1: stuff and trying to make it as user friendly as possible.
21:10
Speaker 1: And again with our information, if you're a guy that
21:13
Speaker 1: say likes to follow volume, you know you can soort
21:17
Speaker 1: on volume and figure out what is what has got
21:20
Speaker 1: the most volume? Wher's the liquidity? You know, looking for
21:23
Speaker 1: volume breakouts or how you would like to approach these markets. Uh,
21:28
Speaker 1: as well as you can search on exercise price, what
21:32
Speaker 1: is the longest stock warrant that's trading and uh, but
21:36
Speaker 1: more so you're looking for you know, I always rounded
21:40
Speaker 1: off to two years and a perfect world, the warrant
21:43
Speaker 1: that you own is to you to start out with
21:45
Speaker 1: at least two years of remaining live. It's amazing as
21:51
Speaker 1: you and I can attest the older that we get.
21:54
Speaker 1: The time goes by so damn fast, and you know
22:00
Speaker 1: a year is just a flash in the pain, and
22:03
Speaker 1: you really got tohead the time to know, to give
22:07
Speaker 1: the markets to perform like you want to and to
22:10
Speaker 1: you know, for your individual shares to perform like you
22:13
Speaker 1: want to. So opportunities, opportunities, opportunities.
22:18
Speaker 3: Yeah, always opportunities, right, yeah, you bet. I remember first
22:24
Speaker 3: subscribing to you in twenty eleven, actually a two thousand
22:29
Speaker 3: and nine and seeing these warrants go up incredible amounts
22:34
Speaker 3: here tell you, like like ten twelve times. And this
22:38
Speaker 3: wasn't just one or two of them, it was multiple ones,
22:42
Speaker 3: you know.
22:43
Speaker 1: Yeah, multis.
22:44
Speaker 3: Yeah.
22:45
Speaker 1: Now I'm on the home page of our website, common
22:48
Speaker 1: Stock Warrants dot Com. Right there on the homepage, I
22:52
Speaker 1: still have I can't remember ten, fifteen, twenty examples of
23:00
Speaker 1: punts that I actually owned, and the percentage gainers and
23:04
Speaker 1: so as you said, there was some been some monster
23:07
Speaker 1: gainers that I've been really happy to be involved with.
23:11
Speaker 1: And it's been a couple of years now. It's hard
23:13
Speaker 1: to believe, but you know, there were a couple of
23:14
Speaker 1: lithium companies. It just freaking exploded that were you know,
23:19
Speaker 1: ten baggers from the warrant standpoint, and uh, you know,
23:24
Speaker 1: I'm not sure exactly where the lithium situation is here, todate,
23:28
Speaker 1: but but there were some incredible home runs.
23:32
Speaker 3: To be had.
23:34
Speaker 1: And I'll say it's kind of like, you know, our
23:37
Speaker 1: database is kind of like a revolving door. You know,
23:40
Speaker 1: every warrant has an extra exploration date and so they're
23:45
Speaker 1: they're all going to expire. But then we've got new
23:48
Speaker 1: warrants that are coming in, you know, virtually virtually every
23:51
Speaker 1: day every week, and uh, and so it is an
23:56
Speaker 1: ebb and flow and you're just looking as an, is
24:01
Speaker 1: there anything in our database that strikes your fancy, that
24:04
Speaker 1: strikes my personal fancy that says I got to own
24:07
Speaker 1: this baby? And uh that's what we can all have
24:11
Speaker 1: different ideas now in uh, in the service, I guess
24:17
Speaker 1: I call it the goals. The goal service is that,
24:19
Speaker 1: uh where if somebody wants to see what I'm personally doing,
24:24
Speaker 1: So what is what is Dudley doing? Okay, so as
24:26
Speaker 1: opposed to just having all the raw data, you can
24:29
Speaker 1: actually see what my positions are with a little explanation
24:33
Speaker 1: of why I'm there and why I've been there through
24:35
Speaker 1: the years and in et cetera. But you kind of
24:38
Speaker 1: get a feel of where I'm coming from. And I'm
24:44
Speaker 1: kind of looking for those that are really out of
24:46
Speaker 1: favor or else. I feel like the tides getting ready
24:48
Speaker 1: to turn at any moment, and right uh again, opportunities
24:55
Speaker 1: Like I said, these these three examples that I cited, well,
24:58
Speaker 1: ago they had monster games, but a lot of those
25:03
Speaker 1: games have dissipated. And this would be time to say
25:09
Speaker 1: this that any of these three examples that I just
25:12
Speaker 1: cited that were trading on Nasdaq. Now, my primary account
25:18
Speaker 1: broker's account is with Interactive Brokers. So for me at
25:22
Speaker 1: Interactive Brokers, I can look in the left hand corner
25:28
Speaker 1: of their order page and I can see for that
25:33
Speaker 1: given company or their warrants available that could be shorted.
25:39
Speaker 1: And so all three of the examples that I just cited,
25:42
Speaker 1: if you would have looked and said, holy smokes, these
25:46
Speaker 1: things are so overvalued it is incredible, I'm going to
25:50
Speaker 1: assure them, well, you would have done incredibly well then
25:55
Speaker 1: putting on the other hat and going to the short side.
25:59
Speaker 1: So it may not be as simple depending on what
26:02
Speaker 1: your individual brokerage account is, but with with IV, they
26:07
Speaker 1: make it pretty easy to see the availability of warrants
26:13
Speaker 1: that could be shorted. Now, pretty much with IV, if
26:18
Speaker 1: it's if it's in the mining equation, if it's on
26:20
Speaker 1: the Toronto Exchange or the Toronto Venture Exchange, I would
26:26
Speaker 1: pretty much say that those warrants are not shortable. Want
26:32
Speaker 1: to but if you're staying on the NASTAQ or the
26:35
Speaker 1: New York Exchange. It's a it's a different game over there.
26:40
Speaker 1: Don't encourage anybody to go in and start shortened things.
26:44
Speaker 1: That's a it's a high we know, that's a You
26:47
Speaker 1: got to be so so damn careful in doing that
26:50
Speaker 1: because you never know how how much higher they can
26:53
Speaker 1: actually go. And really tough game. But yet I just
26:59
Speaker 1: wanted to I bring this up only to say there
27:02
Speaker 1: is opportunities there and I have shorted some in the
27:06
Speaker 1: past and done well with that, but you just kind
27:09
Speaker 1: of really got to be cautious and surely be smart
27:13
Speaker 1: enough to have stop losses in any time that you're
27:16
Speaker 1: doing that. But right now, I just you know, me
27:19
Speaker 1: personally as an investor. Yes, we got the service and everything,
27:23
Speaker 1: but I always try to view things in the eyes
27:25
Speaker 1: of you know, my subscribers and me as an investor myself.
27:30
Speaker 1: What the hell is coming next?
27:32
Speaker 3: You know, that's a great question. What is coming next here? Dudley,
27:36
Speaker 3: I ask you that very question.
27:40
Speaker 1: What is neck? And I'm thinking as we speak now,
27:44
Speaker 1: these markets, you know, I know it's probably gonna be
27:47
Speaker 1: a few days before our interview gets out, and so
27:49
Speaker 1: it'll be interesting if somebody listens to the interview and
27:52
Speaker 1: sees where we're at a few gass down a few
27:55
Speaker 1: days down the road. But we've just been breaking down
27:59
Speaker 1: really this morning, and we were pretty pretty strong on
28:02
Speaker 1: November the eighteenth. I can remember this day because this
28:05
Speaker 1: was my dad's birthday, and so this is it's a
28:09
Speaker 1: good good time. So he passed years ago, but it's
28:12
Speaker 1: a good date for an interview, so it's it's just
28:16
Speaker 1: a you know, I could argue both ways. I think
28:20
Speaker 1: we're ready to break down, but the trend to change
28:25
Speaker 1: and for us to head down on the financial markets,
28:28
Speaker 1: you know, the tech stocks are so overvayed. They were
28:31
Speaker 1: getting hit hammered really hard this morning. And it looks
28:36
Speaker 1: like on a chart, you know, we've broken you know,
28:38
Speaker 1: below the five day movie average, below the twenty day
28:41
Speaker 1: moving average, probably now below the fifty day moving average.
28:44
Speaker 1: Just over the last few days. It's been a pretty
28:47
Speaker 1: serious plunge. So it appears that we're on the brink
28:50
Speaker 1: of some serious trend changes and that'll be a matter
28:54
Speaker 1: can gold hang in for a while, or maybe gold
28:57
Speaker 1: still has one last up move while the financial markets
29:01
Speaker 1: roll over, And uh, you know, I don't know, anybody
29:06
Speaker 1: that's got the holy grail to know exactly how this
29:09
Speaker 1: plays out. This is a shower, I want to say,
29:13
Speaker 1: forever investor in the world. You know, I think Rick
29:17
Speaker 1: Reel would agree he doesn't have the holy grail. We
29:20
Speaker 1: we've got a we've got a vision of the picture
29:23
Speaker 1: and what we where we think that we are, you know,
29:27
Speaker 1: in time, and what we kind of envision happening. But
29:32
Speaker 1: but when it comes down to today's the low, today's
29:35
Speaker 1: the high, I mean it's it's you know, we're we're
29:38
Speaker 1: here as an investor to accumulate positions at reasonable prices.
29:45
Speaker 1: I'm gonna go wck to be in as low as
29:47
Speaker 1: I can possibly get all Yeah, and and by doing
29:52
Speaker 1: by by just making that statement a lot of times, uh,
29:56
Speaker 1: maybe I'll get in too early because then the that
29:58
Speaker 1: they continue to draw down a little bit on you.
30:01
Speaker 1: So it does become a challenge. But I hate for
30:04
Speaker 1: them when they start running. And then then for me
30:09
Speaker 1: to buy something that's already gone up fifty percent is
30:12
Speaker 1: a real challenge psychologically for me because I'm the guy
30:16
Speaker 1: that wants to be in at the bottom. I want
30:18
Speaker 1: to be buying it down down into the right and
30:21
Speaker 1: I want to be about as low as I can
30:23
Speaker 1: possibly get, and that's where you trigger the big percentage gains.
30:28
Speaker 1: But now these these opportunities just change and change frequently,
30:34
Speaker 1: so it makes it it makes it an exciting game
30:37
Speaker 1: for all of us as investors. And so no, I'm
30:43
Speaker 1: just so glad that you know we had this service now.
30:46
Speaker 1: I think it's long time. Actually started this in May
30:51
Speaker 1: of two thousand and five, launched. I had had the
30:55
Speaker 1: first ad and communication with Bob Moriarty and as we
31:02
Speaker 1: marvel at three two one gold over twenty five years,
31:08
Speaker 1: over twenty years ago, and it has been a great
31:11
Speaker 1: journey and it's evolution and our database has increased in
31:16
Speaker 1: size just big time by coming into the US market
31:20
Speaker 1: and then coming into all the spikes, the special purpose
31:23
Speaker 1: acquisition companies has really expanded our database. But there's something
31:29
Speaker 1: here for I want to say every investor to at
31:35
Speaker 1: least nothing else to be aware of. You know, whether
31:39
Speaker 1: you decide to run out and buy this, you need
31:41
Speaker 1: to know you know which companies do have stock warrants trading.
31:48
Speaker 1: It's a good chance if like like a lot of
31:51
Speaker 1: our currency describers, you're gonna have multiple subscriptions to other
31:56
Speaker 1: guys and youth services which mayor might even know about
32:01
Speaker 1: stock warrants themselves, and so they may be recommending some
32:06
Speaker 1: really interesting companies in the mining space with crypto space
32:10
Speaker 1: and not be aware that there are stock warrants that
32:13
Speaker 1: are trading. And so our service can just be a
32:16
Speaker 1: great supplemental service, a filtering service if you will, to
32:21
Speaker 1: be aware of what is available out there in the universe.
32:27
Speaker 1: So it's just it's been a great journey, has been
32:30
Speaker 1: a great ride as an investor, and it's the right
32:34
Speaker 1: is not over. I think, especially in our mining space,
32:38
Speaker 1: our big move is still in front of us. And
32:42
Speaker 1: this may still be you know, six months to year
32:44
Speaker 1: out before we really start getting our time with the
32:48
Speaker 1: small speculative stocks, but I think it's coming. This is
32:52
Speaker 1: when we'll see little penny stocks just exploding to I
32:55
Speaker 1: always say pennies to dollars and hopefully many dollars, very
32:59
Speaker 1: similar the nipples that I cited there. You know, we
33:02
Speaker 1: end up the thousands of percents of gains, and well,
33:07
Speaker 1: they never know the one individual's the stock or the
33:11
Speaker 1: warrant to buy. And that's why we need a basket.
33:14
Speaker 1: We need we need X number of different ones that
33:17
Speaker 1: everybody's comfortable with to kind of spread the risk and
33:21
Speaker 1: have multiple potential opportunities right in front of us. So
33:26
Speaker 1: it's uh no, I always love to talk about this.
33:29
Speaker 1: It's so much fun. And uh, you know, back in
33:32
Speaker 1: the day, you used to do a lot more of
33:34
Speaker 1: all the mining conferences. And I remember I think that
33:36
Speaker 1: was as probably New York, many many years ago, Gerrie,
33:40
Speaker 1: when you and I had our first conversation.
33:42
Speaker 3: Oh, yeah, of course. And yeah, all right, hey, so
33:46
Speaker 3: just tell us where to find you the best place
33:49
Speaker 3: how to connect with you on the web.
33:51
Speaker 1: Yeah, no, just common Stock Warrants dot Com. And you'll
33:54
Speaker 1: see that we've got some freebies available. You just want
33:58
Speaker 1: to give us your first name. Well, you get access
34:00
Speaker 1: to some freebies, my Stockworn Handbook, which is so simple,
34:05
Speaker 1: less than fifty pages, and uh and to a couple
34:08
Speaker 1: other really interesting reads through the years. So yeah, just
34:14
Speaker 1: give us a visit. Common Stock Warrants dot Com. Love
34:16
Speaker 1: to have you on board, and uh, we're just along
34:19
Speaker 1: for the ride. Okay, all right, we're all along for
34:22
Speaker 1: the ride. Dudley Camp, thank you enough for coming on.
34:25
Speaker 1: And if you've got any questions or comments, shoot me
34:27
Speaker 1: an email. K l Atcarrie LUTs dot com. We will
34:31
Speaker 1: get you an answer, DUDLEYB. Well, talk to you soon. Hey,
34:36
Speaker 1: thank you enjoyed it.
34:37
Speaker 2: Thanks for listening to Carrie Letz's Financial Survival Network, your
34:41
Speaker 2: solution to today's trying times. For the latest, go to
34:45
Speaker 2: Financial Survivalnetwork dot com. Financial Survival Network now more than
34:51
Speaker 2: ever
35:00
Speaker 1: M