Jan 31, 2019
With markets continuing to recover this week after an epic selloff that included the worst December since The Great Depression, Dan revisits his initial 2017 warning, when he first reported that a genuine stock market mania had arrived.
Dan looks briefly at three blue chip stocks, then talks about the Extreme Value recommendation he made public on the podcast weeks ago… The company is performing well. With the business rapidly unfolding expansion plans in China, bouncing off a multi-year low valuation, Dan “thinks we’re golden with Starbucks.”
The talk turns to Facebook, and rumblings that up to half of the 2 billion accounts in existence could be fake. Dan admits it would still be a great business with one billion accounts, but that more bad news would likely push the stock down—especially if it comes out that CEO Mark Zuckerberg knew about the situation but didn’t act quickly enough.
Dan then turns to this week’s podcast guest. Fraser Buchan is the co-founder of Tradewind Markets Digital Gold Company.
Fraser has spent most of his career in the precious metals industry. And now he’s founded a company that is revolutionizing the gold and silver market. During the interview, you’ll learn how Fraser’s company – Tradewind Markets – has created a technology that’s behind the safest, most secure and lowest cost way we’ve ever found for individual investors to own physical gold.
When he describes the advantages his technology has over gold ETFs – including no management, administrative, or storage fees – Dan marvels at how he’s disrupting an industry.
Dan concludes, “You’re just sucking out the cost and giving the end user a phenomenal deal… you’re like the Amazon.com of gold.”