My name is Steven Warrenfeltz, I am a self-taught investor and this is my website.
After the quick introduction their are two main parts to this about page, "Gold Nanotechnology Cancer Research Advocate' & 'Why this Site is about Investing & Bullion."
A few quick things about me, how I think, and the evening news.
When politics is mixed with fact; 'The 'Truth Never Gets Told.'
That is why politics is avoided in every sentence of every page of this guide.
I love the Free Market and Capitalism, and I believe in the principles of the Austrian School of Economics.
Capitalism and the Free Market are one in the same and we should be thankful for it because it has made more people prosperous and happy than any other economic system that has ever been created.
For a while, I've been writing St. Jude Children's Research Hospital to try to find out what it would take to get them to add Gold Nano-Particle Cancer Research in their efforts towards 'Finding Cures, Saving Children.'
In that letter, I wrote the following and I think it best explains why one half of this site is for those who are Battling Cancer.
I’ve never had cancer, but it has affected my life.
I grew up with a large extended family, my father had seven siblings, and my mother grew up as an only child, but her mother had seven siblings, and my mother’s father had ten siblings.
When I was six, I went to my first funeral, when my father’s oldest brother passed away from stomach cancer.
Since that first funeral, I’ve lost count to the number of funerals I’ve been to; my family came together more to mourn the loss of a loved one than at normal family functions.
I’m now 43, and all of my aunts and uncles have passed away; cancer took at least two-thirds of them.
Of the ones that died of cancer, I was with a few before their passing, and the person I saw dying in front of me looked nothing like the relative I knew before they were diagnosed with cancer and started chemotherapy.
But, it was when I was 12-years old, that I learned and witnessed how cancer and its traditional treatment affects our bodies.
When you’re a kid, and you’re told that a loved one has cancer it doesn’t hit home the way it does for an adult, you know it isn’t good, but you don’t know how to react to the news.
However, that changed for me when I was in 6th grade, when my best friend was diagnosed with Leukemia, by that time, I had known several family members who had died of cancer and when I found out his condition; it hit home.
My friend hated the treatment, and I remember him complaining about it, he felt like he wasn’t only fighting cancer, but that he was also fighting the radiation therapy.
My friend fought leukemia for ten months; he passed away three months before his 12th birthday, in 1986.
His gravestone says “This Boy had Courage,” several years after his death I visited his grave and made him a promise that I would try to help cancer research in the hopes that others would not have to go through the hell that he did.
That is why I am writing you.
About six years ago, I started a website; part of it brings awareness to gold nano-particle cancer research.
Since I have started the website, I have sponsored Cancer Research Foundations, individuals who are battling the disease and a Doctor who was using gold nano-particles in his cancer research; currently, my website sponsors St. Jude Children’s Cancer Research Hospital.
After I had created the website, I looked for ways I could support cancer research. I wanted to find something that worked better than Chemotherapy & Radiation, and that had less harmful side-effects.
Also, I wanted to find a form of cancer research that could treat all forms of cancer.
I looked up Genome Therapy, DNA sequencing replacement, and other forms of cancer research, but it wasn’t till I found Gold Nano-particle Cancer Research that I felt that I found what I was looking for.
Perhaps you have heard of Cancer Research using Nano Particles and the work with gold nano-particles and other forms of nano-particles, or perhaps you haven’t; In the next section of this letter, I’d like to introduce you to Gold Nano-particles, and the researchers that are using them to kill cancer.
See the full letter here.
I was in my preteens when I got interested with investing.
When I was a kid, every summer I would spend a month with my uncle Paul, who lived in Baltimore.
My uncle was a World War II Veteran and a small businessman, he served in WWII as a B-24 Navigator/Pilot and owned several small businesses in Baltimore.
During my summers with him, I helped my uncle with work on different projects, one summer I helped him build a foundation on a house and every summer I worked on his friends 100-acre vegetable farm.
My uncle was the person who got me fascinated with investing, during one of my visits, he stopped by the bank to cash a check, but before he went inside, he showed the check to me.
The check was a dividend check from Merrill Lynch, he briefly explained that it as a quarterly dividend check and he received it because he owned stock in the company.
After he cashed the check and got back into the car, he told me all about how dividends worked and that by simply owning a stock you can receive a monthly or quarterly payment.
I was hooked, I loved the concept that you could get paid just because you owned something of that company.
One analogy for investing and understanding dividend paying stocks that I was given at the time was: Owning stocks that pay dividends is like buying a matchbox car and getting paid a quarter for owning it and the more matchbox cars I owned the more money I would receive.
My Uncle was born in 1923, he grew up during the Great Depression and he understood the power of money.
He often told me to save every penny and if you see one on the ground "pick it up because they add up."
He would often say to me "I hope you never take money for granted, you'll get burned if you do." He taught me to treat every purchase, large or small, as an investment.
His best piece of advice that he gave was; "Keep Your Eye on the Horizon." He would explain that if you kept your eye on what's ahead of you, you'll be better prepared when you reach it.
After I first got interested with investing, I remember wanting to
learn more about it, but Bloomberg, CNBC and Fox Business didn't exist
in those days.
The fact that those networks didn't exist, at that time it was a blessing in disguise because business media doesn't help you learn about investing, they only help you to follow the herd.
One of the few exceptions to this is Rick Santelli of CNBC, he believes in the free market and tries to help people understand the markets.
So, I started watching Louis Rukeyser's 'Wall Street Week' and as I mentioned on the investing guru's page, Sir John Templeton and Peter Lynch were the two professional investors who helped me understand investing.
Peter Lynch had the biggest influence on me. When he spoke about investing he made it easy, for me, to understand how he invested and his strategies for investing.
One of the investment strategies that Peter Lynch taught me was that if you want to invest in a stock, first look at how the sector is doing.
If the sector isn't doing good, then maybe you should look somewhere else or you needed to do your homework to find out and understand why the stock is standing out to you among its peers.
Peter Lynch always stressed that everyone should "Do Their Own Homework," when it came to investing.
I opened my first investment account in 2000, with an online brokerage.
At the time, my passion for investing existed in the stock market.
I believe in having a diversified portfolio, I invested in all the different sectors of the market, but I always seemed to gravitate towards precious metals mining stocks.
I wasn't making a lot of money, so I got started in penny stocks.
Penny stocks - meaning stocks trading under $1.00.
In many circles 'Penny Stocks' are frowned upon, because a lot of these companies aren't worth any money, let alone a few cents.
some penny stocks on the AMEX (American Stock Exchange) can sometimes
be worth it, you have to do your homework and learn how to
recognize a bad company from a good one.
I quickly learned that a lot of the stocks
trading on the less regulated OTC (Over-the-Counter) and Pink Sheets
Exchanges benefit the owner(s) of the company, not the
company's stock investors.
After moving on from penny stocks, I devised my own strategies for picking mining stocks and other stocks and over time I started making a profit.
During this time, I learned a lot about myself as an investor, I found out that I am a "Buy and Hold" investor.
I've tried day trading and hated it.
I've also tried shorting stocks and although I have learned to recognize tops and bottoms in stocks and other markets before they happen, I like to be for an investment instead of against it, when my money is involved.
I currently don't own any stock.
Every investor should have a well-diversified stock portfolio, never invest in just one sector.
I decided to add this section, to this about page, because Mining Stocks is where I started to invest.
First off, I am a big fan of royalty mining stocks like Silver Wheaton (SLW) or SandStorm Gold (SAND).
Royalty Companies stock I used to own.
SLW- Silver Wheaton
I owned 'Wheaton River Minerals' before it merged with Goldcorp and was spun off to become Silver Wheaton.
SAND - Sandstorm Gold
Other Mining and Natural Resource past stock investments
EXK - Endevor Silver
GGN - Gamco Global Gold, Natural Resources & Income Trust
NGD - New Gold, Inc. (I Originally owned Western Goldfields (WGW) it merged with New Gold in 2009)
NXG - NorthGate Minerals
The stocks above are the mining stocks that I remember owning, there were many others.
I stated before that I started investing in mining penny stocks, I then moved into other sectors of the markets and found better profits in those sectors.
Between, 2003 and 2006, I moved completely out of the mining sector, it just wasn't doing much and expanded my investments into other areas of the stock market.
In 2005, I bought my first bullion products, originally I gravitated towards government issued bullion coins over other forms of bullion.
I've since learned that each form of bullion has its own utility and it is up to the individual and their needs as to what kind of bullion will work best for them.
Since I started to learn about investing, I've known that gold, silver, and other precious metals should be the bedrock of every investor's portfolio.
It wasn't a shock to me that the Crash happened, anyone who ever heard of a Subprime Loan or Interest Only Loans and understood the markets, should have known it was inevitable.
Furthermore, the fact, that banks were combining the two, selling Interest Only Loans to Subprime Buyers or just as bad Adjustable Rate Loans to Subprime Buyers is Idiotic.
For those who may not know, when a homeowner has a 'Interest Only Loan,' they only had to pay the interest on the loan (mortgage) for a set time period, before they added the principal to the mortgage bill.
The set time period before they added the principal to the mortgage bill was typically around 5 years. I first heard about these loans in 2002 and I still remember exactly where I was when I heard about them and what I was doing, but that is of no importance.
But what is important is that I also remember saying out loud "What the F**k are they thinking," and that "I have to remember to get out of the market when this Sh*t hits the fan."
And when it did, I can only think of one word when I think of those loans and all the other gimmicks that the banks and mortgage companies made up to sell houses; Criminal.
The Crash of 2008 didn't change my views of the market, it was the remedy to the Crash of 2008 that changed my views of the markets and why this site isn't about stocks.
"To Big to Fail" should have never been uttered. It all should have failed, that's how the Free Market Works.
Failed companies fall and they either get liquidated or bought up by other companies, the trash gets washed out of the system and a new free market creates itself out of the old.
That's how the financial system used to work and still does for those of us that don't have something for someone in government to gain from.
I know the arguments "But, But, But."
When this system fails and it will because it's built on nothing but greed and lies.
When this crony capitalistic system that we are in fails, I hope the failures of all those who supported the Federal Reserve and those in Government will finally be convicted and put where they belong; in jail.
The first reason why this site isn't about stocks is because of this man's actions who also stated: "I’ve Abandoned Free Market Principles To Save The Free Market System" - George W. Bush, 2008 (<- click this link for the video).
The second reason this site isn't about stocks is because of the 110th Congress that passed TARP in October of 2008.
And the biggest reason this site isn't about stocks is because of the Federal Reserve's 'QE' programs and how our system of Crony Capitalism has destroyed my love of what was the U.S. Free Market.
The financial system is a House of Cards and Greed is the only thing that is keeping it up and it will ultimately Fail under its own weight.
If I wasn't honest with myself this site would have been a guide for stock investors. Stocks are a heck of a lot easier to follow, fundamentals almost always support the technical analysis of a stock and vice versa, but this fact about stocks does not apply to gold or silver.
Gold and other precious metals are the only real decentralized asset, that exists in the world and it is the only asset that I can honestly be proud to put my name by.
I'm not against other forms of investments, everyone has their own preferences.
I believe that if you have savings or investments then you should also have at least 10% of that money in precious metals bullion, and this guide is my answer to help individuals understand why this is and to help them know what other choices are available to them.
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