My name is Steven Warrenfeltz, I am a self-taught investor, and I created the Free-Bullion-Investment-Guide to give you an honest place on the web that provides reliable bullion market information.
This guide is a little unusual to other guides because it not only offers bullion market information, it also advocates for Gold Nanoparticle Cancer Research, and supports individuals who are Battling cancer
A few decades ago, I made a graveside promise to a childhood friend who died of cancer that I would support new and better ways to treat cancer, and the Gold Nanoparticle Cancer Research side of this guide is one of my answers to that promise.
Below, I've written a little more of a description of how I got into investing, my investing background, and why this site is a precious metals bullion guide.
I was around 11 or 12 years old when I found my love for 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 some small businesses in Baltimore.
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 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.
My Uncle was born in 1923, he was a man who walked three miles to and from school everyday (see here), 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'd also say "I don't 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 Fox Business, Bloomberg, and CNBC didn't exist
in those days.
The fact that those networks didn't exist at that time was a blessing in disguise because business media doesn't help you learn about investing, they only help you to follow the herd.
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 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 perhaps 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.
My passion for investing existed mostly in the stock market, although I've always taken my uncle's advice to 'view every purchase as an investment.'
In the summer of 2000, after the dot.com bubble, I opened my first account with an online brokerage.
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 devised my own strategies for picking stocks, and over time I started making a profit.
During those first few years, I learned a lot about myself as an investor from my failures and successes..
Every investor should have a well-diversified stock portfolio, and never invest in just one sector.
I decided to add this section, to this page, because Mining Stocks helped me learn a lot about investing, and they're a good way to diversify a stock portfolio.
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.
WPM - Wheaton Precious Metals was 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 past Mining and Natural Resource stocks
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
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 precious metals bullion has its utility, and it's up to the individual and their needs or wants, as to what kind of bullion will work best for them.
I've had many dreams, one of those dreams has was always been to help people learn about the free market and investing.
I was brought up on Free Market Principles through the teaching of my uncle.
I started to think about starting a site about the Free Market and stock investing in 2007, but all that changed after the Market Crash of 2008.
When the Crash of 2008 happened, every one panicked, every one in the U.S. Government and Wall Street turned into Chicken Little screaming "The Sky is Falling, The Sky is Falling."
The U.S. President of the time, George W. Bush, 110th Democratic Party Majority held Congress, and the Federal Reserve led by Ben Bernanke destroyed the Free Market through TARP and QE (Quantitative Easing).
Over the last 10 years, the markets have been held up by bad debt and printed money.
The bad debt from the 2008 Crash is still there, it's just been moved away from the banks and the Federal Reserve is now holding it.
The Federal Reserves Balance sheet is over 4-trillion and growing.
So the bankrupt banks, the failed businesses and partial government entities (Freddie Mac, etc) that were bankrupt got bailed out with money that was printed out of thin air, and the government just swept everything under the rug.
The day will come when all this catches up to those in the financial system and unfortunately to all of us..
The financial system is a House of Cards, and Greed is one of the biggest things that are keeping it up, it's a smoke and mirrors game, and it will ultimately Fail under its own weight.
The Crash of 2008 didn't change my views of the market, it was the U.S. Government's remedies 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.
Free Markets a.k.a. Capitalism works when failed companies either get liquidated or bought up by other successful companies, the bankrupt companies gets washed out of the system and a new free market creates itself out of the old.
If I wasn't honest with myself, this site would have been a guide for stock investors.
Gold, Silver, and other precious metals are the only real decentralized asset that exists in the world.
Overall, I believe that everyone should have some their savings and/or investments in precious metals bullion.
Stocks are by nature for those who like to take risks, and there is nothing wrong with that, but those risks should be backed up by some investment insurance and precious metals are that 'back-up.'
This guide is my answer to help anyone who is interested in understanding why and how they can protect themselves with physical bullion.
Had they followed free market principles and let bankrupt banks and other bankrupt entities go bankrupt, and let the free market take care of everything, we wouldn't be where we are in the markets today.
Thank you for your time,
Take Care & God Bless.
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