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Speaker 1: And it looks like on a chart, you know, we've broken,

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you know, below the five day movie average, below the

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twenty day moving average, probably now below the fifty day

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moving average. Just over the last few days. It's been

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a pretty serious plunge. So it appears that we're on

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the brink of some serious trend changes and that'll be

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a matter. Can Gold hang in for a while, or

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maybe goal still has one last up move while the

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financial markets roll over.

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Speaker 2: You're listening to Carrie Let's his Financial Survival Network where

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you get valuable information you just can't find anywhere else

12
00:00:34,920 --> 00:00:38,479
to thrive in today's trying times. You need the financial

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Survival Network now more than ever. Go to Financial Survivalnetwork

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00:00:43,719 --> 00:00:47,439
dot com and get your free newsletter and gift. Financial

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Survival Network now more than ever.

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Speaker 3: And welcome you are listening to with a financial survival network.

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I'm your host, Carrie Let's. Well, we are midway a

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little more than midway through November. Man gold and silver

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have been doing amazingly well near record highs. They were

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at record highs. They got beat back a little bit,

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but now they're climbing back. And it occurred to me

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we hadn't talked with this gentleman in quite a while.

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I'm talking about Dudley Baker and Dudley. It's great to

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have you back on the show, of course always And

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hey you're mister warrant common Stock Warrence dot com. And

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what's doing with the warrants? Workt Now, what's doing with

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these little microcaps? Any progress?

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Speaker 1: Yeah, good to be with you. Carry, Yeah, it has

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been a while. Well, you know, as you said, gold

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is near the high, so we may be off ten

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percent or so, No, biggie, it's always a question what's next,

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what comes next, and it's all about what are those

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opportunities how do we participate? So yeah, a lot of

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what I personally follow is a lot of the small companies,

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the small miners that may or may not have stock

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warrants that are trading and uh but but a lot

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of in the marketplace today, a lot of the small

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companies have barely budged. You know, we've had some nice

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movements from the you know, Equinox goal, from the aeroscol Yeah,

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of course, First Majestic, you know, and some of the

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beer boys obviously the Franco Nevadas and et cetera. But

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this is not substantially trickle down to the small players,

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and that's kind of my game and I love that.

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So it's always that game will come down to us,

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and it's still we still have time to say, accumulate

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some positions down in this arena, and a lot of

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mind can be down in the penny rain, and so

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we know they're not going to be the first performers.

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But yeah, you know, the trust and now I think

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that all of us have on our minds is what

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will happen with gold and silver being the leaders of

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this whole situation. And so where we're off probably ten percent,

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we're still sitting real close to the four thousand we

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have sober back off a little bit, but still above fifty.

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So net you know, if you're just looking at the

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price of the metals, you're thinking, God, we should all

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be filthy rich by now.

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Speaker 3: Yeah, he thinks.

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Speaker 1: I think back five to ten years ago, and god,

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we couldn't even imagine prices for gold and silver where

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they sit today. This was our fantasy land, fantasy land,

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and thought, man, we would all be filthy rich when

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we got up here. But we're not. So I think

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the major speculative phase is still come and some of

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the other players that I do follow in the business,

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you know, kind of have a similar visual of maybe

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what took place back in two thousand and seven, two

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thousand and eight, that when the financial markets rolled over,

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which I don't know if you can see. I wore

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a red sweater here this morning because we were down

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pretty hard earlier this morning. Like we're polating and coming back.

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So the deal is the caution flag. The caution flag

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is out right now is too well? The financial markets

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be rolling over. It looks like we could be set

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up for a trend change. And if so, what will

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happen with gold and silver? But back in that two

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thousand and seven two thousand and eight, you know, gold

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ended up going down pretty hard as well in that decline.

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But yet gold was one of the first players to

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come out of that line, and that's when these little

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small companies really started performing. So I've got others in

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the business that I followed that think this may be

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a similar situation. And so, uh, it's a matter of

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being patient and letting this play out and be confident,

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confident and comfortable about you know, what your portfolio is,

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what do you own, why do you own it? If

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you're looking at stock warrants, you want to make sure

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that you've probably got a minimum of two years of

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remaining life on those warrants, and uh and all that

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good stuff. So we got we got a lot of

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interesting uh uh situations that are in our databases. Uh

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and probably a lot of your your followers are probably

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maybe substantially in the mining space. But yet Yeah, there's

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all kind of industries and sectors and and as we

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speak here today, we're sitting with somewhere between in seven

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hundred and fifty to eight hundred companies that have stock

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going trading and in our databases. So you know, the

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the word SPACs, SPAC, that's the purpose acquisition companies. Some

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of those are coming back to life again. And so

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we we we tracked all the details on the SPACs

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as well. And uh so you know, we got all

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the mining. I got a lot of a lot of

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cool stuff. The way I like to phrase our database

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to you know, to our subscribers or or future subscribers,

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is what we present you is a lot of information

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on all of all of the companies that have these

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these warrants that are that are trading, and and there's

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so many you can imagine, there's no way in the

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world I can have a handle on this whole database

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of information. We kind of got to broken down where

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if you were looking for the companies in the mining space,

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we've got to tab or just precious metals warrants, which

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was the name of the previous service that I had

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and uh, but we can get you honed in more specifically. Yeah,

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we've got some warrants that are actually trading in the

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UH in the AI space. And again I'm not familiar

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with all these companies. There was a home.

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Speaker 3: Yes, it will couple.

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Speaker 1: Within the crypto space, and so it's a matter always

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I always suggest to people when they first sign up

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with us, look at the list of companies and do

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you recognize any of the names of those companies. That's

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something that maybe you already owned that you don't know

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that they even have a stock warrant that's trading a

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lot of other guys in the business they can recommend

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the companies but have no knowledge whether there's a warrant

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trading or not. And then it'll be a matter of well,

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how much time is left on that warrant until exploration

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and what is the exercise price? Is it even worthy

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of my consideration? But data, data, data, information, information, and

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it's all about having a ton of potential opportunities at

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your fingertips. So you know, I I if if you

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got a sick, I'll go through a couple of examples,

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real qu sure, just to showcase, because to me, when

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you start talking about stock warrants, it is what are

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the opportunities? So why would I want to buy the

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warrant and instead of the common shares? Now there's three examples.

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I just did an article for put Out in the

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Universe a couple of weeks ago, and I showcased these

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three situations with with charts, but one was actually it's

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cipher p c I p h e R mining cypher

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mining uh c I f R and then put a

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W on the end for the warrants. Right, I'm taking

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you back only to April of this year. That warrant

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traded as low is point one six three seven, so

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six roughly sixteen and a half cents. At the end

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of October it was an eleven dollars and ninety three cents.

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Speaker 3: Wow.

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Speaker 1: I don't know about you, but that's one hell of

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a move. That's just shy of to me, Yeah, just

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shy four thy two hundred percent in in months. Staggering,

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staggering opportunity. And believe me, when I did this, h

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this article, I'm thinking to myself, where was I at?

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How did I this? Yeah? But that's the thing is

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that another person looking at our database, another subscriber, may

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have instantly honed in on this because this is this

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isn't when we say mining, this isn't in the blockchain arena?

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Is this company? So that could have really been a

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hot button for somebody. But again, forty two hundred percent unbelievable.

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There's another company of USA, Rare Earth, And you think

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rare earths have been so much in the news the

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last X number of months, and this had previous this

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company had previously been a SPAC but took over a

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rare earth company, and this warrant also in April traded

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as low as sixty five cents on the NASDAC and

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the end of October was that thirty two dollars and

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forty nine cents. My god, just shy of five thousand percent,

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And again you think, how did you us it? Now

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there has been major pullback in a lot of the

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rare earths as we know here recently and a lot

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of that gain was given back. But in real time,

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had you been looking at our database and seeing us

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rare earth, that may have been your hot button and

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you could have rowed that puppy for one hell of

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a game. The other company that's been around for a while,

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that is also a spect that I kind of showcased,

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called the mining company TMC w W is the warrant,

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and that one was actually there. They're mining for basically

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the rare, the real minerals and metals under the ocean floor.

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And uh and this this baby last December, so we're

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still less than a year ago. Was it a nickel

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point zero five end of Uptober? Three dollars eighty four

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cents was the high for this year. It's up seven

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four hundred percent. I just leave you at that, Bob.

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Those are three incredible examples that I missed myself, but

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they were opportunities that were in our database and could

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have been easily bought. There's a lot of liquidity on

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these babies, especially with these three examples here that we're

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trading on the nastac Sometimes when you do get you

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get down to the smaller stocks of the smaller companies

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that have warrant trading, you may find that there's some

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liquidity issues that I've never had a difficulty in buying

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whatever i wanted through the years, but yet I'm aware

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that that could be the situation. But normally, this is

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especially those that you find that may be on the

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New York or of the Nasdaq. Even in the money space,

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there will be a lot of liquidity there. So you

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don't you don't have a problem buying or solving these

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these situations. But yeah, that's the thing.

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Speaker 3: How do you buy them? Is it just like buying

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a stock.

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Speaker 1: It's just like buying a stock, and that's the big difference.

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I always say, the definition of a stock warrant is

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very very similar to a stock option.

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Speaker 3: Uh.

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Speaker 1: You know, it's in this case where the stock warrant

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is a security giving the hold of the right to

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buy the underlying stock at a specific price. You may

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expiring on a specific date, but it is a security.

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It will have a symbol, it will be treated of

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New York Nasdaq TSX or the Venture Exchange uh, and

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but it will be trading very very similar to the

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stock as opposed to the options. So for the most part,

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if you've got a stock warrant, you don't have to decide, well,

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you know, what do I want the strike price to be?

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How long? Yeah, when you come to options, maybe maybe

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you know the company, but now you've got a whole

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you got to decide, so how how how much time

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do I want to look for the performance? How many

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months do I want while looking for a three month

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call option or six months a year? At what strike price?

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You've got a lot of decisions to make if you're

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fortunate that you can find the stock warrant that you like.

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Normally a company would only have one warrant trading at

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a time. We do have a few that have got

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multiple warrants trading. And if so, if you find a

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company like that, normally you're going to want to own

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the most recently issued warrant. That will probably be the

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best price and will probably give you the longest time

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factor to go with that. But uh, but a lot less.

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I want to say, it's simpler in my mind than

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buying options if you can find what you like here.

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So again I just say opportunities. It gives investors opportunities

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that you may not even may not even be aware

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of if you're not familiar with what stock warrants are,

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and uh yeah, I'd love to go back. I think

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we're looking at basically AT and T probably had the

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first stock warrants traded roughly one hundred years ago. And

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and it's so there's a lot of a lot of history.

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This is nothing new that Dudley Baker just put together,

241
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you know. So it's if they've been around for a

242
00:15:52,240 --> 00:15:54,759
long time, and they've gone quite for a long time.

243
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Adding because the way I put it back back and

244
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early nineteen eighty the stock options became a really big

245
00:16:08,120 --> 00:16:14,480
deal Chicago Board of Option Exchange and basically sucked all

246
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the oxygen out of the room or stock warrants, and

247
00:16:20,159 --> 00:16:25,159
so even though they've always been there, but the marketing

248
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people talking about them, et cetera, really went really really quiet,

249
00:16:31,519 --> 00:16:34,320
and it's almost like a big we don't want anybody

250
00:16:34,360 --> 00:16:39,240
else to know situation. But anyhow, so it was a

251
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massive amount of work, as you can imagine, putting together

252
00:16:43,279 --> 00:16:49,919
and even maintaining these databases that we've got to stay

253
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on top of all this. But you know, another way

254
00:16:54,799 --> 00:16:58,600
I would phrase with stock warrants is that you know,

255
00:16:58,679 --> 00:17:02,000
we know our friend Rick rural well in the mining space,

256
00:17:02,679 --> 00:17:08,720
so we would know Rick Rule would never do a

257
00:17:08,799 --> 00:17:13,039
private placement in the mining space if there were not

258
00:17:13,680 --> 00:17:18,799
stock warrants attached. Right in the United States, I mean

259
00:17:18,880 --> 00:17:23,119
in the US markets, I pretty much assure you that

260
00:17:23,240 --> 00:17:27,359
Warren Buffett never did one of his deals and he

261
00:17:27,440 --> 00:17:30,480
did many, you know, with Bank of America and with others,

262
00:17:30,599 --> 00:17:33,799
I mean lots and lots of money, that he's never

263
00:17:33,839 --> 00:17:38,839
done a deal without stock warrants attached part of the

264
00:17:38,880 --> 00:17:44,440
deal because guys are aware of the leverage, the big

265
00:17:44,559 --> 00:17:48,079
potential gains that could be made off of these warrants,

266
00:17:48,839 --> 00:17:52,319
and even though they're in a private placement, it all

267
00:17:52,400 --> 00:17:56,400
works the same. And unfortunately, a lot of times you

268
00:17:56,480 --> 00:17:58,759
and I are not going to be given the right

269
00:17:58,960 --> 00:18:02,759
maybe to participate in a private pace placement. Definitely not

270
00:18:02,880 --> 00:18:05,279
a Bank of America. Now when he gets to the

271
00:18:05,279 --> 00:18:09,599
mining space, yes, maybe we will have that opportunity. And

272
00:18:09,640 --> 00:18:11,799
I always say if we if we as an investor

273
00:18:11,920 --> 00:18:15,960
have the opportunity to participate in a private placement, there's

274
00:18:16,039 --> 00:18:19,839
warrants attached, you definitely need to think about that. And uh,

275
00:18:19,960 --> 00:18:23,200
and that's probably the best entry price. But for the

276
00:18:23,200 --> 00:18:28,240
most part, most of us. Uh we if it's a

277
00:18:28,319 --> 00:18:30,880
trading warrant, we we can almost get in at the

278
00:18:30,920 --> 00:18:34,400
same price or maybe even less sometimes as those if

279
00:18:34,400 --> 00:18:38,039
you were in a private placement. So it's it's it's

280
00:18:38,039 --> 00:18:42,599
a secondary way to play the stock warrants. So you know,

281
00:18:42,680 --> 00:18:45,720
through the years, I participated in quite a few private placements.

282
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Some work out, some work out, and uh, it's just

283
00:18:49,920 --> 00:18:52,319
you know, no, no, nobody's got the Holy Grail there.

284
00:18:52,839 --> 00:18:56,759
But but I do. I always have some stock warrants

285
00:18:56,799 --> 00:18:59,079
in my portfolio. And I guess that makes the question.

286
00:18:59,599 --> 00:19:03,599
You don't say, Dudley man, that sounds really interesting, I'm

287
00:19:03,640 --> 00:19:06,519
going to go all in with stalk warrants. No, no, no, no,

288
00:19:06,559 --> 00:19:09,160
please don't do that. That's not what you want to do.

289
00:19:09,359 --> 00:19:13,279
It's uh oh maybe maybe five percent, maybe ten percent

290
00:19:13,359 --> 00:19:16,680
at the very most of your portfolio, just like saying,

291
00:19:16,720 --> 00:19:19,319
if I asked you, you know, stock options even never

292
00:19:19,359 --> 00:19:22,279
put one hundred percent of your portfolio and stock options

293
00:19:22,519 --> 00:19:27,200
on any given company. So it's just a piece of

294
00:19:27,200 --> 00:19:31,319
your portfolio that's going to be allocated to some really

295
00:19:31,359 --> 00:19:36,160
interesting situations and hopefully give you a lot your leverage possibilities.

296
00:19:37,079 --> 00:19:41,039
And uh, and to capture more games down down the line,

297
00:19:41,880 --> 00:19:45,880
so it's it's never a all all in or none,

298
00:19:46,000 --> 00:19:49,079
none or above or all in. So trying to find

299
00:19:49,079 --> 00:19:51,839
a balance for you personally, There's been times that I

300
00:19:52,359 --> 00:19:54,480
probably had a good twenty to twenty five percent of

301
00:19:54,519 --> 00:19:57,359
my portfolio and warrants, and right now it's a really

302
00:19:57,440 --> 00:20:01,519
small percentage just due to you know, there's not as

303
00:20:01,559 --> 00:20:05,640
many warrants in the mining space as I would personally like. Sure,

304
00:20:06,200 --> 00:20:08,559
but this can change at any time. You know that

305
00:20:08,640 --> 00:20:11,079
we as soon as we conclude here, I can read

306
00:20:11,119 --> 00:20:14,359
an article that x y Z Gold is just coming

307
00:20:14,359 --> 00:20:17,119
out with a new stock offering that what warrants attached,

308
00:20:17,599 --> 00:20:20,960
And so we can be adding warrants to our database

309
00:20:21,359 --> 00:20:25,000
at all the times. And to make it easy as

310
00:20:25,039 --> 00:20:30,559
well for our subscribers, on one of our lead pages

311
00:20:30,640 --> 00:20:34,359
after you've logged in, we have a link for the

312
00:20:34,480 --> 00:20:40,160
latest warrants added, so that regardless of what industry or

313
00:20:40,200 --> 00:20:43,680
sector that those warrants will be in. But that way

314
00:20:44,160 --> 00:20:46,759
you don't have to go through seven hundred companies all

315
00:20:46,799 --> 00:20:49,559
over again looking for what are the new ones. Now

316
00:20:49,680 --> 00:20:53,119
we've got this list right in front of you. And

317
00:20:53,440 --> 00:20:57,400
to really make it a simple, a simple search vehicle.

318
00:20:57,599 --> 00:21:00,759
So you know, my son's kind of my computer guy,

319
00:21:00,839 --> 00:21:04,680
and he's done a great job of organizing all this

320
00:21:04,759 --> 00:21:09,279
stuff and trying to make it as user friendly as possible.

321
00:21:10,400 --> 00:21:13,480
And again with our information, if you're a guy that

322
00:21:13,599 --> 00:21:17,599
say likes to follow volume, you know you can soort

323
00:21:17,640 --> 00:21:20,079
on volume and figure out what is what has got

324
00:21:20,119 --> 00:21:23,279
the most volume? Wher's the liquidity? You know, looking for

325
00:21:23,400 --> 00:21:28,279
volume breakouts or how you would like to approach these markets. Uh,

326
00:21:28,599 --> 00:21:31,920
as well as you can search on exercise price, what

327
00:21:32,079 --> 00:21:36,200
is the longest stock warrant that's trading and uh, but

328
00:21:36,400 --> 00:21:40,000
more so you're looking for you know, I always rounded

329
00:21:40,079 --> 00:21:43,640
off to two years and a perfect world, the warrant

330
00:21:43,680 --> 00:21:45,559
that you own is to you to start out with

331
00:21:45,640 --> 00:21:51,000
at least two years of remaining live. It's amazing as

332
00:21:51,160 --> 00:21:53,839
you and I can attest the older that we get.

333
00:21:54,960 --> 00:21:59,839
The time goes by so damn fast, and you know

334
00:22:00,160 --> 00:22:02,559
a year is just a flash in the pain, and

335
00:22:03,000 --> 00:22:07,319
you really got tohead the time to know, to give

336
00:22:07,359 --> 00:22:10,039
the markets to perform like you want to and to

337
00:22:10,759 --> 00:22:13,880
you know, for your individual shares to perform like you

338
00:22:13,920 --> 00:22:18,920
want to. So opportunities, opportunities, opportunities.

339
00:22:18,720 --> 00:22:24,880
Speaker 3: Yeah, always opportunities, right, yeah, you bet. I remember first

340
00:22:24,920 --> 00:22:29,119
subscribing to you in twenty eleven, actually a two thousand

341
00:22:29,119 --> 00:22:34,599
and nine and seeing these warrants go up incredible amounts

342
00:22:34,599 --> 00:22:38,480
here tell you, like like ten twelve times. And this

343
00:22:38,640 --> 00:22:42,119
wasn't just one or two of them, it was multiple ones,

344
00:22:42,400 --> 00:22:42,720
you know.

345
00:22:43,279 --> 00:22:44,599
Speaker 1: Yeah, multis.

346
00:22:44,960 --> 00:22:45,279
Speaker 3: Yeah.

347
00:22:45,400 --> 00:22:48,200
Speaker 1: Now I'm on the home page of our website, common

348
00:22:48,240 --> 00:22:52,160
Stock Warrants dot Com. Right there on the homepage, I

349
00:22:52,200 --> 00:22:58,119
still have I can't remember ten, fifteen, twenty examples of

350
00:23:00,000 --> 00:23:04,359
punts that I actually owned, and the percentage gainers and

351
00:23:04,440 --> 00:23:07,200
so as you said, there was some been some monster

352
00:23:07,319 --> 00:23:10,359
gainers that I've been really happy to be involved with.

353
00:23:11,119 --> 00:23:13,119
And it's been a couple of years now. It's hard

354
00:23:13,160 --> 00:23:14,720
to believe, but you know, there were a couple of

355
00:23:14,759 --> 00:23:19,279
lithium companies. It just freaking exploded that were you know,

356
00:23:19,400 --> 00:23:24,440
ten baggers from the warrant standpoint, and uh, you know,

357
00:23:24,519 --> 00:23:28,240
I'm not sure exactly where the lithium situation is here, todate,

358
00:23:28,880 --> 00:23:33,000
but but there were some incredible home runs.

359
00:23:32,720 --> 00:23:33,400
Speaker 3: To be had.

360
00:23:34,599 --> 00:23:37,559
Speaker 1: And I'll say it's kind of like, you know, our

361
00:23:37,640 --> 00:23:40,240
database is kind of like a revolving door. You know,

362
00:23:40,359 --> 00:23:44,920
every warrant has an extra exploration date and so they're

363
00:23:45,119 --> 00:23:48,440
they're all going to expire. But then we've got new

364
00:23:48,480 --> 00:23:51,680
warrants that are coming in, you know, virtually virtually every

365
00:23:51,759 --> 00:23:56,480
day every week, and uh, and so it is an

366
00:23:56,519 --> 00:24:01,079
ebb and flow and you're just looking as an, is

367
00:24:01,119 --> 00:24:04,279
there anything in our database that strikes your fancy, that

368
00:24:04,359 --> 00:24:07,720
strikes my personal fancy that says I got to own

369
00:24:07,759 --> 00:24:11,519
this baby? And uh that's what we can all have

370
00:24:11,599 --> 00:24:17,240
different ideas now in uh, in the service, I guess

371
00:24:17,279 --> 00:24:19,559
I call it the goals. The goal service is that,

372
00:24:19,839 --> 00:24:23,880
uh where if somebody wants to see what I'm personally doing,

373
00:24:24,000 --> 00:24:26,960
So what is what is Dudley doing? Okay, so as

374
00:24:26,960 --> 00:24:29,680
opposed to just having all the raw data, you can

375
00:24:29,720 --> 00:24:33,400
actually see what my positions are with a little explanation

376
00:24:33,519 --> 00:24:35,440
of why I'm there and why I've been there through

377
00:24:35,440 --> 00:24:38,160
the years and in et cetera. But you kind of

378
00:24:38,160 --> 00:24:43,960
get a feel of where I'm coming from. And I'm

379
00:24:44,039 --> 00:24:45,960
kind of looking for those that are really out of

380
00:24:46,079 --> 00:24:48,880
favor or else. I feel like the tides getting ready

381
00:24:48,920 --> 00:24:54,480
to turn at any moment, and right uh again, opportunities

382
00:24:55,160 --> 00:24:58,759
Like I said, these these three examples that I cited, well,

383
00:24:58,799 --> 00:25:03,440
ago they had monster games, but a lot of those

384
00:25:03,519 --> 00:25:09,200
games have dissipated. And this would be time to say

385
00:25:09,240 --> 00:25:12,039
this that any of these three examples that I just

386
00:25:12,119 --> 00:25:17,759
cited that were trading on Nasdaq. Now, my primary account

387
00:25:18,880 --> 00:25:22,480
broker's account is with Interactive Brokers. So for me at

388
00:25:22,519 --> 00:25:26,440
Interactive Brokers, I can look in the left hand corner

389
00:25:28,799 --> 00:25:33,599
of their order page and I can see for that

390
00:25:33,759 --> 00:25:38,640
given company or their warrants available that could be shorted.

391
00:25:39,200 --> 00:25:42,599
And so all three of the examples that I just cited,

392
00:25:42,799 --> 00:25:46,119
if you would have looked and said, holy smokes, these

393
00:25:46,119 --> 00:25:50,279
things are so overvalued it is incredible, I'm going to

394
00:25:50,319 --> 00:25:55,359
assure them, well, you would have done incredibly well then

395
00:25:55,480 --> 00:25:58,759
putting on the other hat and going to the short side.

396
00:25:59,640 --> 00:26:02,680
So it may not be as simple depending on what

397
00:26:02,759 --> 00:26:07,720
your individual brokerage account is, but with with IV, they

398
00:26:07,759 --> 00:26:13,319
make it pretty easy to see the availability of warrants

399
00:26:13,359 --> 00:26:18,880
that could be shorted. Now, pretty much with IV, if

400
00:26:18,920 --> 00:26:20,880
it's if it's in the mining equation, if it's on

401
00:26:20,920 --> 00:26:26,359
the Toronto Exchange or the Toronto Venture Exchange, I would

402
00:26:26,440 --> 00:26:32,640
pretty much say that those warrants are not shortable. Want

403
00:26:32,680 --> 00:26:35,920
to but if you're staying on the NASTAQ or the

404
00:26:35,960 --> 00:26:39,920
New York Exchange. It's a it's a different game over there.

405
00:26:40,880 --> 00:26:44,400
Don't encourage anybody to go in and start shortened things.

406
00:26:44,759 --> 00:26:47,799
That's a it's a high we know, that's a You

407
00:26:47,880 --> 00:26:50,799
got to be so so damn careful in doing that

408
00:26:50,920 --> 00:26:53,559
because you never know how how much higher they can

409
00:26:53,640 --> 00:26:59,319
actually go. And really tough game. But yet I just

410
00:26:59,400 --> 00:27:02,319
wanted to I bring this up only to say there

411
00:27:02,400 --> 00:27:06,880
is opportunities there and I have shorted some in the

412
00:27:06,920 --> 00:27:09,559
past and done well with that, but you just kind

413
00:27:09,559 --> 00:27:13,200
of really got to be cautious and surely be smart

414
00:27:13,319 --> 00:27:16,279
enough to have stop losses in any time that you're

415
00:27:16,319 --> 00:27:19,480
doing that. But right now, I just you know, me

416
00:27:19,680 --> 00:27:23,480
personally as an investor. Yes, we got the service and everything,

417
00:27:23,519 --> 00:27:25,599
but I always try to view things in the eyes

418
00:27:25,640 --> 00:27:29,839
of you know, my subscribers and me as an investor myself.

419
00:27:30,240 --> 00:27:31,640
What the hell is coming next?

420
00:27:32,200 --> 00:27:36,079
Speaker 3: You know, that's a great question. What is coming next here? Dudley,

421
00:27:36,839 --> 00:27:38,799
I ask you that very question.

422
00:27:40,920 --> 00:27:44,319
Speaker 1: What is neck? And I'm thinking as we speak now,

423
00:27:44,359 --> 00:27:47,200
these markets, you know, I know it's probably gonna be

424
00:27:47,240 --> 00:27:49,680
a few days before our interview gets out, and so

425
00:27:49,960 --> 00:27:52,519
it'll be interesting if somebody listens to the interview and

426
00:27:52,880 --> 00:27:55,920
sees where we're at a few gass down a few

427
00:27:55,960 --> 00:27:58,920
days down the road. But we've just been breaking down

428
00:27:59,039 --> 00:28:02,359
really this morning, and we were pretty pretty strong on

429
00:28:02,440 --> 00:28:05,599
November the eighteenth. I can remember this day because this

430
00:28:05,759 --> 00:28:09,440
was my dad's birthday, and so this is it's a

431
00:28:09,440 --> 00:28:12,559
good good time. So he passed years ago, but it's

432
00:28:12,559 --> 00:28:16,599
a good date for an interview, so it's it's just

433
00:28:16,759 --> 00:28:20,680
a you know, I could argue both ways. I think

434
00:28:20,759 --> 00:28:25,119
we're ready to break down, but the trend to change

435
00:28:25,200 --> 00:28:28,079
and for us to head down on the financial markets,

436
00:28:28,400 --> 00:28:31,880
you know, the tech stocks are so overvayed. They were

437
00:28:31,920 --> 00:28:36,400
getting hit hammered really hard this morning. And it looks

438
00:28:36,480 --> 00:28:38,519
like on a chart, you know, we've broken you know,

439
00:28:38,599 --> 00:28:41,200
below the five day movie average, below the twenty day

440
00:28:41,359 --> 00:28:44,559
moving average, probably now below the fifty day moving average.

441
00:28:44,799 --> 00:28:47,079
Just over the last few days. It's been a pretty

442
00:28:47,119 --> 00:28:50,559
serious plunge. So it appears that we're on the brink

443
00:28:50,599 --> 00:28:54,400
of some serious trend changes and that'll be a matter

444
00:28:54,640 --> 00:28:57,240
can gold hang in for a while, or maybe gold

445
00:28:57,359 --> 00:29:01,680
still has one last up move while the financial markets

446
00:29:01,920 --> 00:29:06,200
roll over, And uh, you know, I don't know, anybody

447
00:29:06,240 --> 00:29:09,640
that's got the holy grail to know exactly how this

448
00:29:09,720 --> 00:29:12,920
plays out. This is a shower, I want to say,

449
00:29:13,000 --> 00:29:17,240
forever investor in the world. You know, I think Rick

450
00:29:17,319 --> 00:29:20,200
Reel would agree he doesn't have the holy grail. We

451
00:29:20,200 --> 00:29:22,920
we've got a we've got a vision of the picture

452
00:29:23,759 --> 00:29:26,920
and what we where we think that we are, you know,

453
00:29:27,000 --> 00:29:32,119
in time, and what we kind of envision happening. But

454
00:29:32,119 --> 00:29:35,599
but when it comes down to today's the low, today's

455
00:29:35,640 --> 00:29:38,359
the high, I mean it's it's you know, we're we're

456
00:29:38,400 --> 00:29:44,240
here as an investor to accumulate positions at reasonable prices.

457
00:29:45,039 --> 00:29:47,160
I'm gonna go wck to be in as low as

458
00:29:47,200 --> 00:29:51,880
I can possibly get all Yeah, and and by doing

459
00:29:52,000 --> 00:29:55,720
by by just making that statement a lot of times, uh,

460
00:29:56,079 --> 00:29:58,480
maybe I'll get in too early because then the that

461
00:29:58,640 --> 00:30:01,200
they continue to draw down a little bit on you.

462
00:30:01,319 --> 00:30:04,640
So it does become a challenge. But I hate for

463
00:30:04,720 --> 00:30:08,519
them when they start running. And then then for me

464
00:30:09,000 --> 00:30:12,079
to buy something that's already gone up fifty percent is

465
00:30:12,519 --> 00:30:16,640
a real challenge psychologically for me because I'm the guy

466
00:30:16,680 --> 00:30:18,880
that wants to be in at the bottom. I want

467
00:30:18,880 --> 00:30:21,680
to be buying it down down into the right and

468
00:30:21,720 --> 00:30:23,480
I want to be about as low as I can

469
00:30:23,519 --> 00:30:27,599
possibly get, and that's where you trigger the big percentage gains.

470
00:30:28,440 --> 00:30:34,200
But now these these opportunities just change and change frequently,

471
00:30:34,480 --> 00:30:37,720
so it makes it it makes it an exciting game

472
00:30:37,839 --> 00:30:43,039
for all of us as investors. And so no, I'm

473
00:30:43,039 --> 00:30:46,440
just so glad that you know we had this service now.

474
00:30:46,559 --> 00:30:51,519
I think it's long time. Actually started this in May

475
00:30:51,839 --> 00:30:55,640
of two thousand and five, launched. I had had the

476
00:30:55,680 --> 00:31:01,480
first ad and communication with Bob Moriarty and as we

477
00:31:02,160 --> 00:31:07,920
marvel at three two one gold over twenty five years,

478
00:31:08,240 --> 00:31:11,319
over twenty years ago, and it has been a great

479
00:31:11,359 --> 00:31:15,880
journey and it's evolution and our database has increased in

480
00:31:16,000 --> 00:31:20,359
size just big time by coming into the US market

481
00:31:20,599 --> 00:31:23,559
and then coming into all the spikes, the special purpose

482
00:31:23,599 --> 00:31:29,480
acquisition companies has really expanded our database. But there's something

483
00:31:29,559 --> 00:31:35,000
here for I want to say every investor to at

484
00:31:35,079 --> 00:31:39,319
least nothing else to be aware of. You know, whether

485
00:31:39,359 --> 00:31:41,880
you decide to run out and buy this, you need

486
00:31:41,920 --> 00:31:47,680
to know you know which companies do have stock warrants trading.

487
00:31:48,839 --> 00:31:52,119
It's a good chance if like like a lot of

488
00:31:51,759 --> 00:31:56,519
our currency describers, you're gonna have multiple subscriptions to other

489
00:31:56,559 --> 00:32:01,960
guys and youth services which mayor might even know about

490
00:32:01,960 --> 00:32:06,680
stock warrants themselves, and so they may be recommending some

491
00:32:06,759 --> 00:32:10,359
really interesting companies in the mining space with crypto space

492
00:32:10,759 --> 00:32:13,720
and not be aware that there are stock warrants that

493
00:32:13,759 --> 00:32:16,920
are trading. And so our service can just be a

494
00:32:16,960 --> 00:32:21,799
great supplemental service, a filtering service if you will, to

495
00:32:21,880 --> 00:32:26,319
be aware of what is available out there in the universe.

496
00:32:27,079 --> 00:32:29,799
So it's just it's been a great journey, has been

497
00:32:30,279 --> 00:32:34,559
a great ride as an investor, and it's the right

498
00:32:34,720 --> 00:32:37,839
is not over. I think, especially in our mining space,

499
00:32:38,519 --> 00:32:41,000
our big move is still in front of us. And

500
00:32:42,279 --> 00:32:44,480
this may still be you know, six months to year

501
00:32:44,559 --> 00:32:48,319
out before we really start getting our time with the

502
00:32:48,359 --> 00:32:52,160
small speculative stocks, but I think it's coming. This is

503
00:32:52,200 --> 00:32:55,480
when we'll see little penny stocks just exploding to I

504
00:32:55,480 --> 00:32:59,559
always say pennies to dollars and hopefully many dollars, very

505
00:32:59,599 --> 00:33:02,480
similar the nipples that I cited there. You know, we

506
00:33:02,839 --> 00:33:07,000
end up the thousands of percents of gains, and well,

507
00:33:07,119 --> 00:33:11,200
they never know the one individual's the stock or the

508
00:33:11,240 --> 00:33:14,279
warrant to buy. And that's why we need a basket.

509
00:33:14,960 --> 00:33:17,680
We need we need X number of different ones that

510
00:33:17,759 --> 00:33:21,440
everybody's comfortable with to kind of spread the risk and

511
00:33:21,599 --> 00:33:25,400
have multiple potential opportunities right in front of us. So

512
00:33:26,480 --> 00:33:29,599
it's uh no, I always love to talk about this.

513
00:33:29,640 --> 00:33:32,000
It's so much fun. And uh, you know, back in

514
00:33:32,039 --> 00:33:33,440
the day, you used to do a lot more of

515
00:33:34,240 --> 00:33:36,680
all the mining conferences. And I remember I think that

516
00:33:36,799 --> 00:33:40,160
was as probably New York, many many years ago, Gerrie,

517
00:33:40,200 --> 00:33:41,960
when you and I had our first conversation.

518
00:33:42,799 --> 00:33:45,960
Speaker 3: Oh, yeah, of course. And yeah, all right, hey, so

519
00:33:46,440 --> 00:33:49,119
just tell us where to find you the best place

520
00:33:49,559 --> 00:33:50,920
how to connect with you on the web.

521
00:33:51,519 --> 00:33:54,880
Speaker 1: Yeah, no, just common Stock Warrants dot Com. And you'll

522
00:33:54,880 --> 00:33:58,079
see that we've got some freebies available. You just want

523
00:33:58,079 --> 00:34:00,720
to give us your first name. Well, you get access

524
00:34:00,799 --> 00:34:05,000
to some freebies, my Stockworn Handbook, which is so simple,

525
00:34:05,079 --> 00:34:08,440
less than fifty pages, and uh and to a couple

526
00:34:08,519 --> 00:34:14,400
other really interesting reads through the years. So yeah, just

527
00:34:14,440 --> 00:34:16,840
give us a visit. Common Stock Warrants dot Com. Love

528
00:34:16,880 --> 00:34:19,639
to have you on board, and uh, we're just along

529
00:34:19,719 --> 00:34:22,280
for the ride. Okay, all right, we're all along for

530
00:34:22,360 --> 00:34:24,960
the ride. Dudley Camp, thank you enough for coming on.

531
00:34:25,519 --> 00:34:27,760
And if you've got any questions or comments, shoot me

532
00:34:27,800 --> 00:34:31,440
an email. K l Atcarrie LUTs dot com. We will

533
00:34:31,480 --> 00:34:35,920
get you an answer, DUDLEYB. Well, talk to you soon. Hey,

534
00:34:36,000 --> 00:34:37,239
thank you enjoyed it.

535
00:34:37,480 --> 00:34:41,639
Speaker 2: Thanks for listening to Carrie Letz's Financial Survival Network, your

536
00:34:41,719 --> 00:34:45,519
solution to today's trying times. For the latest, go to

537
00:34:45,679 --> 00:34:51,599
Financial Survivalnetwork dot com. Financial Survival Network now more than

538
00:34:51,679 --> 00:34:51,960
ever

539
00:35:00,079 --> 00:35:00,119
Speaker 1: M