Making Money with Crescat Capital
April 5, 2022
Hosted by Jay Taylor
[Download MP3] [itunes] [Bookmark Episode]
Guest Information
Episode Description
Kevin Smith, Tavi Costa and Patrick Highsmith are this week’s guests. Crescat Capital became known to your host when one of the top exploration geologists in the world and a regular guest on this show, Dr. Quinton Hennigh, joined the company as its technical advisor. His job is to assist Crescat in selecting small exploration companies that are in the process of discovering world class mineral deposits. Even before Quinton joined them, Crescat had won a large number of awards as a top hedge fund firm over the past couple of decades. While most firms were suffering large losses over a 5-year period ending in 2010, Crescat averaged 27.2 % annual gains which included the worst stock market crash since 1929. The same independent thought process that enabled that success has now led the company to focus heavily on commodities and precious metals as they recognize that the biggest gains at this time can be made by investing in small cap companies that are able to discover world class gold and silver deposits. Hence the addition of Dr. Hennigh as a vital member of the team in identifying companies that have what it takes for exploration success. Names like Eloro Resources, Eskay Mining, and Lion One Metals, all sponsors to this show and heavily invested in by Crescat, are on their way to outlining billion-dollar gold and silver assets. Tavi and Kevin will explain why they favor gold and silver exploration stocks at this time and Patrick Highsmith will explain the exciting investment thesis behind Firefox Gold, which is also an investment held by Crescat and a sponsor to this show. Fortunes are being made in the junior exploration sector and few, if any, hedge funds are finding more success in that sector than Crescat Capital.
Turning Hard Times into Good Times
Tuesday at 12 Noon Pacific Time on VoiceAmerica Business Channel
Jay Taylor’s show will explain the real underlying causes for plunging stock prices, plunging home prices and growing unemployment. By correctly diagnosing the cause of America’s economic decline, rather than listening to excuses from Wall Street and Washington, Jay will offer winning investment ideas to protect and increase wealth.
Topics to be discussed will include the cause of the decline of: our monetary system and our economy, the housing markets, the equity markets, and commodities, Why gold and silver are rising in value and how investors can profit from the direction of these markets through specific stocks, ETF’s and precious metals will also be discussed. Turning Hard Times into Good Times is broadcast live every Tuesday at 12 Noon Pacific Time on the VoiceAmerica Business Channel.
Jay Taylor
Jay Taylor has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value!
The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.
Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.
Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. Diagnose a problem incorrectly as the establishment does and you are sure to fail.