---
title: "Listening Carefully"
url: https://independentstockanalysis.com/listenin-carefully/
description: "Thirty one minutes of Rick Rule , from the 12-43 minute marks on Stansberry Radio . Speaking at the World Outlook Financial Conference was Frank Guistra…"
published: 2013-02-12
updated: 2013-02-12
---

# Listening Carefully

Published 2013-02-12

Posted on

by

J.J. Butler

Thirty one minutes of **Rick Rule**, from the 12-43 minute marks on [Stansberry Radio](http://www.stansberryradio.com/Episode/Play/203/1).

Speaking at the World Outlook Financial Conference was [Frank Guistra](http://www.youtube.com/watch?feature=player_embedded&v=VfHm_ng6-UQ).

Loews (L) [reported](http://ir.loews.com/phoenix.zhtml?c=102789&p=irol-index) results yesterday, as did subsidiaries CNA Financial (CNA) and Boardwalk (BWP). Diamond Offshore (DO) reported a week ago. Results are always lumpy. A ceiling test write-down and Hurricane Sandy insurance costs hurt income. Whatever, as CNA boosted its dividend. Think deep value. (Unfortunately as a conglomerate, a Loews conference call lacks dramatic color.)

Commodity prices and growth: A changing relationship? at [Voxeu](http://www.voxeu.org/article/commodity-prices-and-growth-changing-relationship).

2013 Investment Themes by [John Mauldin](http://www.mauldineconomics.com/images/uploads/pdf/130209_OTB.pdf).

Short term warning signs for the stock market by [Chess](http://ibankcoin.com/chessnwine/2013/02/10/lining-up-a-correction-in-the-euro/) and [J.C. Parets](http://allstarcharts.com/watching-financials-closely-up-here/).

Hans: Is it just me or is [NOG’s update](http://finance.yahoo.com/news/northern-oil-gas-inc-provides-213000740.html) quite poor?

“We think the table is set for certain precious metal mining stocks to begin outperforming most all other instruments in 2013.” The analysis at **[Ritholtz](http://www.ritholtz.com/blog/2013/02/locked-and-loaded/?utm_source=dlvr.it&utm_medium=twitter)** was excellent, even as gold prices hit six month lows. Further, 5 Reasons Not to Buy Gold ([Barron’s](http://online.barrons.com/article/SB50001424052748704372504578289922761002366.html#articleTabs_article%3D1)) seems poorly reasoned, yet the precious metal complex is lower again this morning…