Beating the S&P 500 with Kevin Duffy
January 18, 2022
Hosted by Jay Taylor
Kevin Duffy, Patrick Highsmith & Michel Oliver return as this week’s guests. Over the last 16 months, Kevin Duffy’s conservative “Coffee Can Portfolio” has gained 54.14% compared to a gain of 43.80% for the S&P 500. He did that despite 20.22% in reserves, 7.71% in portfolio insurance, 18.15% in gold stocks. Unlike the S&P 500, the Coffee Can Portfolio appears to be in a position to profit from, or at least, reduce losses in a major equity bear market. Kevin will join us to share his investment philosophy, provide his views on the economy and let us know how he has positioned his portfolio to weather a growing inflationary threat and, at the same time, protect his portfolio from a major equity bear market. Given that stocks are the most overvalued they have ever been in American history, the threat of a major decline in equities should be taken seriously, especially as interest rates rise in concert with higher rates of inflation. Patrick Highsmith will introduce the story of Timberline Resources, a new sponsor to the show, that has large highly prospective gold exploration targets in Nevada. Michael Oliver will join me to tell us what his momentum and structural analysis is saying about stocks, bonds, commodities, and gold for 2022.
Turning Hard Times into Good Times
Tuesday at 12 Noon Pacific Time on VoiceAmerica Business Channel
Jay Taylor’s show will explain the real underlying causes for plunging stock prices, plunging home prices and growing unemployment. By correctly diagnosing the cause of America’s economic decline, rather than listening to excuses from Wall Street and Washington, Jay will offer winning investment ideas to protect and increase wealth.
Topics to be discussed will include the cause of the decline of: our monetary system and our economy, the housing markets, the equity markets, and commodities, Why gold and silver are rising in value and how investors can profit from the direction of these markets through specific stocks, ETF’s and precious metals will also be discussed. Turning Hard Times into Good Times is broadcast live every Tuesday at 12 Noon Pacific Time on the VoiceAmerica Business Channel.
Jay Taylor has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value!
The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.
Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.
Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. Diagnose a problem incorrectly as the establishment does and you are sure to fail.