I’m very pleased to announce the completion of an interview with Bob Moriarty, one of the junior resource industry’s most respected commentators whose market thoughts can be found at 321gold.com and 321energy.com. More than just a market commentator, I look forward to reading Bob Moriarty’s comments because he simply isn’t one to sit on the fence and hedge his words. He makes a call and says it like it is.
This rare trait most likely stems from the fact that Bob was trained to make split-second life or death situations as a young man. Specifically, Moriarty was a Marine F-4B pilot at the age of twenty and a veteran of over 820 missions in Vietnam. Becoming a Captain in the Marines at 22, he was one of the most highly decorated pilots in the war. He went on to ferry General Aviation aircraft all over the world for 15 years with over 240 over the water deliveries. He holds 14 International Aviation records including Lindbergh’s record for time between New York to Paris in two different categories.
As such, when someone like Bob Moriarty speaks, it behooves all of us to listen. So what did we talk about today?
1. Why the explosion of interest, investment and growth in new graphite mine development? Is it for real?
2. Why graphite is an analog of oil.
3. Why the present ratio of the XAU (Philly Gold and Silver Index) over gold almost guarantees a 500% return on gold shares over the next two years.
4. Why the banking system is going to collapse / The implications of $708 trillion dollars in derivatives.
5. Middle East tension
This was a great interview. One of the best we’ve had with a major market commentator, which have included the likes of Eric Sprott, JF Tardif, Barry Ritholtz , Paul Kedrosky and Eric Coffin. What made it one of our better ones? Though I agree with much that Bob had to say, I challenged him by playing Devil’s Advocate and arguing the case as presented by Wall Street and the mass media. Though Bob didn’t budge and argued his case even harder, he was kind of enough to tell me how pleased he was with the interview.
The ultimate judge will be you, so listen in on the first few minutes and see if it carries you through to the fireworks at the end.
On behalf of myself and the entire listening audience, I want to thank Bob for taking time out of his Sunday to speak with us.