Louis James: You Can Call Me a Silver Bug this Year
Lobo Tiggre, better known by the pen name Louis James, discusses the launch of his new investment newsletter “Independent Speculator” and his reasons for starting it. He believes we are approaching an up-turn in resource market and is looking to take advantage of the coming market.
Lobo takes a rigorous approach to investing in stocks, and he puts his own money into his picks. He wants to prove the story which means meeting the people behind the companies and seeing things firsthand. Often the devil is in the details which probably won’t be in a corporate presentation. He says, “the numbers do not tell the whole story.” Mexican Gold Corp has caught his attention and he is planning to visit.
The market both shows scary and promising headlines some are good for precious metals and other news is good for industrial metals. What are you interested in, you need to learn why you should be in speculations so that you know the reasons why you are in them. Play to your strong suit.
Lobo quotes Rick Rule, “You should never confuse inevitable with imminent.” Currently, commodities seem to be in a pattern where the equities aren’t rising as fast. You should look for these price divergences and use them to your advantage. It’s hard to say when markets will shift, but it could come at any point. Look for companies that are making money at today’s prices. The market drivers are what they have always been, fear, greed, and the commodity super-cycle.
Silver is the often unloved step-child, but it follows nicely along with gold, and it’s an industrial commodity. Many people don’t realize that silver is also an energy metal since solar panels use a lot of silver.
Talking Points From This Week’s Episode:
• The market can shift at any time, take advantage of volatility.
• Diversify in investments that you understand.
• Study companies carefully, numbers don’t tell the whole story.
• He sees a lot of potential with silver this year.
Lobo Tiggre is the founder, CEO, and principal analyst and editor of Louis James, LLC. He researched and recommended speculative opportunities in Casey Research publications from 2004 to 2018, writing under the name “Louis James” for privacy reasons. While at Casey Research, he learned about the newsletter business from Casey co-founder David Galland, and resource speculation from the legendary speculator Doug Casey himself.
Although frequently mistaken for one, Mr. Tiggre is not a professional geologist. Nor does he hold the CFA designation, and he is not a licensed financial advisor. Tiggre is a speculator who, during his time with Doug Casey, also learned from many other industry leaders, including Sprott-Global’s Rick Rule, former newsletter writer Bob Bishop, fellow newsletter writer and geologist Brent Cook, exploration geologist and multiple mine-finder Ron Parratt, and many others.
Mr. Tiggre is a graduate of Aiglon College in Chesières-Villars, Switzerland. His formal education included studies in physics at Rensselaer Polytechnic Institute. He also studied economics at UNC-Chapel Hill and wrapped up with a magna cum laude BA in sociology from Duke University.
Tiggre grew up speaking both Spanish and English. He later learned French, German, and is now working on Russian. He is happily married with five children. He lives in San Juan, Puerto Rico.