2007 Vancouver Resource Investment Conference
As some of our readers may be aware, I'm in Vancouver, just back from a flying trip to Peru and I will be speaking at the Vancouver Resource Investment Conference (sort of rolls off your tongue) on Sunday Jan 21 at 4:30 PM and if anyone is in Vancouver, come on over.
There are a few things I am going to be trying to emphasize and among them are three books I consider mandatory for any serious investor today. If you are not willing to sit down and spend a little time doing some background research, you aren't a serious investor.
1) The first and probably most important book about people ever written is an 1860s classic called "Extraordinary Popular Delusions and the Madness of Crowds.
This book is a must read. Though it was written almost 150 years ago it covers human behavior and crowd behavior better than any other book I know of.
2) The second book on my must read list is called "The Long Emergency: Surviving the End of Oil, Climate Change, and other converging Catastrophes of the Twenty-First Century."
3) And the last book is relatively unknown, I've never heard any other speaker talk about it but it discusses just how wealth is created. If anyone is actually interested in where wealth is created, this is another must read. It's called "The Birth of Plenty: How the Prosperity of the Modern World was Created." And basically it says wealth is created when a society converts from an agrarian society to a consumer society. Just as the US, Britain and Canada did from about 1830 to 1900 and China and India are doing today. Great book and interesting reading.
And last but hardly least, there is a simple chart, available to anyone, which gives the best buying and selling signals I have ever found. It's so simple that I suspect readers discount it. It is telling me right now is one of the five best times to be investing in gold/silver shares in the past four years.
Bob in Peru
Ted in Peru