The Richest Man in the World is a Miner

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What does the richest man in the world know that you don’t?

 

By Dudley Pierce Baker

 

Perhaps you saw the news a few months ago when the richest man in the world, Carlos Slim in Mexico, bought mining properties from AuRico in Mexico for $750 Million.

We find it interesting that other wealthy investors, George Soros (Soros Fund Management) and Moore Capital have sold much of their gold holdings while Carlos Slim is just entering this high risk – high reward business sector.

Carlos Slim has not become the richest man in the world by making stupid decisions.
He is a savvy business man and is not approaching the mining business from a short term perspective. He is not a trader and his long term views and confident in the mining business should not be overlooked by investors.

Following the lead of the richest man in the world cannot be a bad thing.
With gold hovering around $1576 an ounce and resource shares the most down and out investor sector, this seems to be a great time for investors to get started buying resource shares.


About Dudley Pierce Baker:  Founder of www.JuniorMiningResources.com, The site brings the best junior mining opportunities to the attention of investors through services.  For more information and to sign up for their email list and twitter account, visit their site.  .

Disclaimer/Disclosure Statement:

Neither Dudley Pierce Baker, JuniorMiningResources.com, JuniorMiningNews.com, PreciousMetalsWarrants.com nor TheGreedyGuru.com are investment advisors and any reference to specific securities does not constitute a recommendation thereof. The opinions expressed herein are the express personal opinions of Dudley Pierce Baker. Neither the information, nor the opinions expressed should be construed as a solicitation to buy any securities mentioned in this Service. Examples given are only intended to make investors aware of the potential rewards of investing in Warrants. Investors are recommended to obtain the advice of a qualified investment advisor before entering into any transactions involving stocks or warrants.

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Dudley Pierce Baker

I am the founder and editor of Precious Metals Warrants and a 1967 graduate of St. Mary’s University in San Antonio, Texas with a major in accounting. I bring a different background to the investment community.

After graduating in 1967 I went directly to work for the Internal Revenue Service. I was an IRS Agent, Team Coordinator (lead agent), heading up the audits on the largest corporations in the world. In 1996 and after 29 years with the Fed’s, I applied for an early retirement.

Looking back most memories, either good or bad, have faded with the years. I have maintained no interest or contacts with my previous employer and frankly, like you, I have little, to no, use for the IRS.

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