Very rare treat. Fred Hickey, editor of The High Tech Strategist newsletter, is interviewed by Jim Puplava on the Financial Sense Newshour. Go here and scroll down to Hour 4 of the 2/13/10 broadcast.
I say rare treat because Hickey doesn't do interviews often at all. In fact, he doesn't even promote his newsletter (doesn't even have a website) -- which is truly rare in a field where over-the-top hype and endless promotion are all too common. Most newsletters are mediocre and many are garbage. But some are excellent, and The High Tech Strategist is certainly one of them.
About the only publicity Hickey engages in, if I may use the term "publicity," is his participation in the Barron's Roundtables.
If you share my enthusiasm for Microsoft (MSFT) in particular and gold and gold mining stocks generally, you'll want to listen to this interview. I recently added back shares in MSFT. Its product upgrades -- notably Windows 7 though there are others -- are coming out at the right time in the cycle.
And Hickey's sentiments on gold are worth listening to as well. I'm not too much of a big picture guy. Yet the massive, and misguided (in my view), money printing by the US Fed means bad things for the US dollar at some point. How bad? I don't know. But I believe bad nonetheless. And I can't sit things out in US Treasuries since they earn nothing.
That's what lead me -- and Hickey before me, because let's face it, he's way smarter than me -- to gold and gold mining stocks. The mining stocks could be big winners in the months to come. That assumes the price of gold stays at current levels, and I expect it to move higher still in the not-to-distant future.
The only place where I'm not onboard with Hickey is this: he's moved into the junior mining stocks via an ETF, while keeping his bullion and major gold miners. I'm sticking with my SPDR Gold ETF (GLD), which Hickey owns as well, plus the major producers I've mentioned in the past.
Great interview. Check it out if the spirit moves you.