Hard to find any holes in his investment thesis from that interview. I guess he's loading up for a big payday and the current situation with San Gold is background music. My takeaway is he's focussed too much on his portfolio and not enough on mine. ; )
"It's hard to get financing which is very good for me because I lend money"
"We are in the crazy throw away time"
"Time to be buying"
"We provide jrs with flowthrough money, we created CMP"
"Ore reserves in the ground are not a bubble...treat them well"
"Strategies to revive jrs"
"Secular bear market"
"Sideways 5 or 6 more years"
"The world's a bit screwy these days"
"My confidence relates to the fact that the world is growing but there is too much deleveraging going on"
"If you hold a resource stock"
"Commodities super cycle is still existant"
"Mr regulator..scares people"
"I love gold"
"I buy a gold stock every day"
"I bought Dundee precious metals today, and yesterday and the day before"
"Sometimes the fakers are very good"
"He who makes the most mistakes wins"
"Some of the juniors make mistakes, I told one of my juniors he has a phd in money now, I told him not to do it again" - was this directed at George?
"They are selling t bills and buying gold, historically they are the smartest people in the world"
"I'm never comfortable with a short position"
"We think food is a very important investment"
"Land is owned by the richest people in the world that get nothing for it, it's a hedge against inflation"
"I got kicked out of it, banks don't like competitors"
"It's a cartel"
"Born in 1937, I work 12 hours a day 5 or 6 days a week"
"More important to me as a second opinion as they are sons"
