Massengill Advisory - Blog

Gold's Next Big Bull Run and Thoughts on Conservation (w/ Dan Tapiero & Dr. Thomas Kaplan)

2/20/2020

“Intelligence is a commodity but character is a currency."

Dr. Thomas Kaplan, legendary gold investor and philanthropist, joins Dan Tapiero of DTAP Capital to discuss his illustrious career in the natural resources space, some of Kaplan's biggest winners, and the philanthropic efforts that he passionately pursues. In addition to his natural resource brilliance, he founded the Panthera Corporation, the world’s largest conservation effort to save the world’s big cats. Kaplan explains why both consolidation in the natural resources industry and global macroeconomic factors are aligning in a way that signals his latest venture, NOVAGOLD, could be the biggest opportunity he has ever encountered. Filmed on November 26, 2019 in New York.

Jump to the 24 min mark of the interview to go directly to the discussion of Dr. Kaplan’s thesis on gold and silver.

The Violent Collision of Market Fantasy and Viral Reality

2/16/2020

When the stampede tumbles off the cliff, buyers vanish and markets go bidless.

Got Gold & Silver? KWM

The shock wave unleashed in China on January 23 is about to hit the U.S. economy and shatter everything that is fragile and fantasy, starting with the U.S. stock market. The shock wave is still reverberating through the vulnerable Chinese economy, toppling all that is fragile: auto sales, sales of empty flats in Ghost Cities, shadow banking loans that cannot be paid, workers' wages that won't be paid, businesses that won't re-open, supply chains dependent on marginal enterprises and most saliently, the faith of the people in their hubris-soaked, self-serving leadership.

The fantasy in the U.S. is that the shock wave doesn't exist. Since the shock wave has been hurtling with undimmed force toward the shores of all-mighty American complacency beneath the Pacific, unseen, America's laughable fantasy has spread through the thundering stampede triggered by the fools in the Federal Reserve in early October.

Not only is America's economy invulnerable, so is its stock market. This fantasy has fueled a blow-off-top bubble of such classic proportions that even the fools in the Fed recognize it as a bubble. And even the fools in the Fed know blow-off-top bubbles always burst, and with rough symmetry: if the bubble rocketed higher in six weeks, it will crash to Earth in about six weeks.

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Coronavirus Hits 15% Fatality Rate, 83% Infection Rate for Those Exposed; Lancet Publishes Early Study That Points to Alarming Consequences for Humanity

2/16/2020

Earlier today, the Taiwan media began reporting on a new mainland Chinese study that specifically looked at the individuals involved in this Wuhan coronavirus outbreak. We have a partial translation and link below. According to this news, which is widely circulating in the Taiwan press and is based on a study published in The Lancet, the Wuhan coronavirus fatality rate has leaped to 15%, and the infection rate among those exposed is 83%.

These numbers are virtually unheard of in the world of microbiology and infectious disease transmission. It means that 15 out of every 100 infected people will die. It also means that 83 out of 100 exposed people will become infected and able to transmit the disease to others.

So for every 100 people who are exposed, around 12 will die (15% of 83).

The only criticism of this study is that its sample size was relatively small, given that it’s still very early in the outbreak of this disease. The study looked at 41 cases of individuals who were exposed.

"As of Jan 22, 2020, 28 (68%) of 41 patients have been discharged and six (15%) patients have died. Fitness for discharge was based on abatement of fever for at least 10 days, with improvement of chest radiographic evidence and viral clearance in respiratory samples from upper respiratory tract.” Click here for the Lancet article.

If the infection rate stands at 83%, this pandemic will be impossible to contain.

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The Once and Future Scandal

2/12/2020

"Soon the worm may turn. The real scandal is back on the horizon, and at last, we may learn that no one is above the law—most certainly not a group of smug and mediocre apparatchiks who assumed they had the moral right to destroy a presidential candidate and later an elected president."

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Glenn Beck Presents: Ukraine: The Final Piece of Evidence

2/8/2020

"Ultimately, this was never about Trump. It wasn’t even about the Bidens. This is about a violation of constitutional power by Barack Obama that will horrify even his most ardent supporters. Glenn pulls back the curtain on the theft of billions in international funds to Ukraine by following the clues in the phone call. Those clues could lead to mountains of corruption, and Hunter Biden might be the lynchpin to uncovering the entire thing."

Click here to watch this video.

American Communists Call for a Violent Takeover.. and the American People are Ready for Them

2/8/2020

It is uncomfortable to face violent threats. We endure that discomfort because it is better to face them than run from them. Communists in the US have flocked to Senator Bernie Sanders’ campaign, and the things they want to do are horrible. Fortunately, we’ve faced threats like this before and we’re prepared to face them again. The US model of limited government and an empowered people is up to the dangerous task of defending liberty. We are made for this.

I’m not going to put words in the mouth of American Communists. Project Veritas recorded many Sanders’ staffers in candid conversations. These are their words, not mine. Please see my sources and listen to the Communists in their own words. It is worth your time to read what they said.

Click here to read these conversations and the rest of this article.

Government Agency Warns Global Oil Industry Is on the Brink of a Meltdown

2/7/2020

A government research report produced by Finland warns that the increasingly unsustainable economics of the oil industry could derail the global financial system within the next few years.

The new report is published by the Geological Survey of Finland (GTK), which operates under the government’s Ministry of Economic Affairs. GTK is currently the European Commission’s lead coordinator of the EU’s ProMine project, its flagship mineral resources database and modeling system.

To read this article, click here.

The New Corona Virus and its Economic Impact (Updated 4TH Feb)

2/4/2020

"The extensive efforts to contain the coronavirus have caused economic growth in China to slow abruptly. The longer they remain in place, the more they will hit demand elsewhere in the world too.

Below you can find a set of charts on the scale of the outbreak and its economic impact. Many include daily data, which we will update regularly. We will also keep this page updated with links to our analysis on the impact of the outbreak in China and around the world."

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Teasing the Tiger: A Spanish lesson and a warning for the American Right.

2/4/2020

"In the United States, there are striking similarities between the civil war era in Spain and American politics today. One important lesson to be learned is that progressives cannot tolerate compromise and they view politeness as weakness. They have a religious fervor in their stated social and political goals as we see with PSOE in Spain today, who are trying to implement changes that led to their country spilling the blood of half a million of its own people.

The state is coming after your children and politeness, fairness, and compromise are all demanded of you, but not of them. Is the American conservative tiger made of paper? Or is it real?”

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Chinese Migration to Africa and a Free Market Solution Ignored Globally

1/30/2020

Doug Casey is the legendary author of Crisis Investing and one of the experts, I’m honored to say, who graciously advised on the development of several of Meraglim’s cognitive maps.

While this essay was published at the beginning of the Trump administration, I believe it is one of the best descriptions of the underlying causes of mass migration, the inevitable outcome and the obvious free market solution that no-one will apply.

Mr. Casey’s description of how African migration to Europe is masking Chinese migration to Africa is fascinating. Once in full flower within a generation or two, I expect the Chinese treatment of Africans will make the US Army’s Indian policy look absolutely humane by comparison.

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