Jim Dines has been writing one of the world's best read financial newsletters, The Dines Letter, since the 1950's, and he's still going strong...
A few days ago Dines joined King World News to discuss his outlook for 2014 (Listen to the interview).
Dines pats himself on the back for calling the coming 3D printing boom, and is especially excited for its applications in biotechnology. He recommends one stock, Organovo, which Dines says has no revenue and is a "moon shot", however his subscribers have already had a double on it, and he's not aware of any brokers having recommended the stock, which is why he still sees upside in the highly speculative 'bioprinting" play.
Dines says 3D printing is going to become cheap, cheap, with the major money to be made in the materials which the printers will consume, such as plastic, wood, and metals, such as silver.
Dines thinks gold and silver are headed way higher, with a $3000-$5000 minimum target on gold. He was more cautionary on the miners, which he said are subject to overtaxation by greedy "tax pig" governments.
"No tax is ever high enough."
Dines also sounded a warning about the executives leading many mining companies.
"Not all management's have the integrity to respect shareholders when they overprint stock to pay for personal squandering so mining has more risk, but it has more upside…"
Dines added that mining stocks are cyclical and they are certainly out of favour, but that bull markets are spawn during times like these.
Uranium is still a favourite commodity of the legendary economic forecaster. He thinks the world's nuclear power plants need to be replaced, and urges governments to start stockpiling uranium for the centuries ahead.
"Politicians need to think in terms of centuries the way China does… Uranium stocks will for sure rise again and it wouldn't surprise me if we were close to a bottom now."
The full half hour interview with Jim Dines is available at King World News ->
great comedy routine …
Hi. I’m Jim Dines. In 1867, when no one cared, I said, and i quote, Uranium young man. That is where you need to be.
I did it again in 1904 with graphite. 1908 with cocoa. In 1939, I started the rush to rare earths.
etc etc …
Negative Profits from a False Prophet
Carefully following Jim Dines’ advice on uranium stocks—PARTICULARLY his vehement exhortations to stay the course as they cratered—was the absolute stupidest investment advice I ever implemented.
Had I stuck doggedly to his “learned proclamations,” my stock value would have dropped to…14.2% of my initial investment.
Beware false prophets.
Yes false profits are horrible!
L Ron Hubbard was not a false profit.
L Ron Hubbard was mans greatest and only hope!
Scientology is the way to go for eternal happiness.
Earth is a prison planet set up by an alien named Xenu.
Read O.T.III in LRH’s handwriting for free.
So you went from following Jim Dines to following LRH ?
https://uploads.disquscdn.com/images/0e04a797be3c170092ccb9b34dc29ba4c3b3944d222625a077b0a2b7fd7fc839.png
You are a stalker and belong in jail.
I agree.. Call O.S.A. and write a knowledge report! Every one is watching.. look at the pic below 🙂 https://uploads.disquscdn.com/images/7b7efabac31b4b7d7aa98acbe059cb6f0e3cbcbb5dfd602dfef8d4dda2140423.jpg
Apologies to intelligent readers.
I’ve been followed/stalked to my comments on this site and three(!) others by rabid ANTI-Scientologists. Seems I had the temerity to harmlessly point out—on a completely different site—the journalistic shortcomings of that anti-Scientology film.
I can’t believe “Ben Franklin” (below) plus others—but maybe it’s one person with sock-puppet accounts—is so eager to spread hate that he cyber-stalks me around the Web disrupting other conversations to propagate his bile. That speaks volumes about the mental state of haters.
Now back to our scheduled programming! ;>)
So tell us about the Aliens that L Ron Hubbard found out about! https://uploads.disquscdn.com/images/aa77dd6fcb1f723c7dad36e4debf7b19dc46f8bca016306ea6787ab1dc705106.jpg
You are a certifiable idiot. No one wants you here. You are disrupting, trying to get attention for your bedraggled agenda. Shows how sick you are.
He is unstable. He would haunt a recipe comment section if you were in it. There is a reason stalkers are given jail time.
I don’t hate you, I just want you to be an honest person. Don’t be two faced. Insulting people and being rude elsewhere on other websites, and then pretending here that you are a respectable person is not a good thing.