Welcome! If this is your first time reading one of my postcards, catch up on my back issues here. And if you have questions or comments, shoot us a note anytime through this link or at feedback@bonnerandpartners.com. | Maria’s Note: Maria Bonaventura here, managing editor of Postcards From the Fringe. Yesterday, Tom shared the story of how he met Bill Bonner and Dan Denning (Bill’s coauthor on The Bonner-Denning Letter) 15 years ago. If you missed it, read it here. Then find out how the story ends below… I'll Never Hitchhike Again By Tom Dyson, Editor, Postcards From the Fringe It was 2002. Tech stocks had crashed. The economy was in recession. Bush had invaded Afghanistan. And a war was starting in Iraq. The Greenspan Federal Reserve would do whatever it took to prop up the economy. Meanwhile, gold had been falling for 20 years. No one was paying attention to it. Even the central banks were dumping it. I put all my money into gold futures, and I persuaded some friends to do the same. Then, I quit my job, said goodbye to my friends, and went to Mexico City without any money or credit cards. I traveled from Mexico City to San Diego to Chicago to Atlanta and back to Mexico City by sleeping outside, eating scraps, and bumming rides. I sent email newsletters about my adventures back to my friends. I called them the Dysman Diaries. (I’ve been sharing some of the stories from that trip with you over the past few months.) Seven years later, gold had gone up 400%. (Unfortunately, I sold the futures much too early, and we made only a small profit.) Now, for the second time in my life, I have a strong premonition that gold is about to make a major move higher. Once again, we’ve got almost the perfect setup: a trillion-dollar budget deficit… a collection of hyper-activist central banks… a too-strong dollar… potential currency wars… a possible recession on the horizon… As for me, I’m back on the road, living like a hobo, all-in with gold, and sending zany e-letters to my friends. Now, continuing yesterday’s hitchhiking story… First time I hit the road, in 2004, I put Addison Wiggin (Bill’s managing editor at the time) on my Dysman Diaries email list. Recommended Link | You Can’t Make This Stuff Up (He Wasn’t Supposed to See This…) At a closed-door meeting in Cambridge, Jeff Brown witnessed something he wasn’t supposed to see. Top industry officials and key tech executives (including the chief scientific officer of a mysterious small-cap) were in attendance. Though he can’t reveal exactly what happened. He now says this small-cap could be a millionaire-maker. With extraordinary gains up to 1,000% in one day. It’s happened before. For instance: -
HLS: 379% -
TGTX: 566% -
ATNM: 900% -
VBIO: 1,150% -
HROW: 1,288% And over the next 12 months, gains of 3,277%, 5,940%, or 10,645% are not out of the question — starting as soon as 9:30 AM tomorrow. (The markets ARE NOT open on Thursday – so this needs to be changed to “starting as soon as 9:30 AM Friday”) | | -- | He replied to one of my emails when I was in Birmingham, Alabama. He told me a position had opened at his e-letter. He invited me to Paris for an interview. So I walked onto Interstate 10 westbound and stuck out my thumb to hitchhike. First, I got picked up by a man drinking whiskey from a big Styrofoam cup. He was towing a big boat. We swerved all the way to Tuscaloosa. Then, I got picked up by a long-haul trucker in an 18-wheeler. He spent 24 hours – all the way from Tuscaloosa, Alabama, to Brownsville, Texas – trying to seduce me. Oh… and somewhere in Louisiana, he confessed to me he’d murdered his second wife. I doubt I will ever hitchhike again after those two rides. But I did make it to Paris. And that’s the story of how I came to work with Bill and Dan 15 years ago. – Tom Dyson Maria’s Note: As Tom mentions above, over the past few months he’s been sharing stories from the first time he put all his money in gold and hit the road, back in the early 2000s. If you missed those stories (originally published in Bill Bonner’s Diary), read them below: Like what you’re reading? Send your thoughts to feedback@bonnerandpartners.com. IN CASE YOU MISSED IT… STOP Reading. Look At Line 1578… This line of computer code contains the secret to unlocking the greatest wealth-building opportunity of our generation… an opportunity to turn $500 into as much as $5 million in 10 months… all you need to know is the name of one tiny cryptocurrency. Click here to find out the actual name and ticker symbol.
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