Ridout Barrett CPAs Tony Ridout has visited and addressed our students many times. We have placed graduates with Ridout for several years.
Financial Consulting Firms
Aventine Hill Partners, Inc. Beth Hair CEO founded Aventine in San Antonio in 2009. The firm now has offices in Dallas, Austin, San Antonio, and Houston. She formerly was with RGP.
Resource Global Professionals Susan Hough has been to campus and spoken to our students. She is the San Antonio Manager of RGP. RGP and Aventine are not CPA firms. Instead they offer contract specialists for firms needing specific tasks such as compliance or Controllerships.
Acounting Today This is an independent site for accounting news regarding firms and current issues.
Certified Information Systems Auditor CISA Now that everything is literally on the computer and cyber security becomes a prominent issue, I see more and more accounting professionals with this designation. Previously known as the Information Systems and Audit Control Association, it now goes by the acronym ISACA.
Institute for the Study of War The Institute for the Study of War advances an informed understanding of military affairs through reliable research, trusted analysis, and innovative education. We are committed to improving the nation’s ability to execute military operations and respond to emerging threats in order to achieve U.S. strategic objectives. ISW is a non-partisan, non-profit, public policy research organization.
Stratfor This Austin, TX based site was begun by an ex Texas State Professor.
Buying a gold miner is like buying an oilfield service company.
When oil is cheap no one wants service companies, they are wanting for work and letting employees go. When oil prices are up though it is a sellers market for them, they can name their price and so their share prices soar faster than an energy company itself.
I notice Eldorado gold EGO has 19 million ounces of proven gold reserves. You are not betting on how much money EGO is making today or tomorrow, you are betting on what the reserves will be worth with gold at successive higher levels of 1900 2100 2300 etc if costs stay the same at 1200 per ounce of extraction. They are trading at 1.2 times book since the gold price is only four hundred above the extraction cost and of course the media has everyone believing gold is going to tank below 1,000, so no value is ascribed to the company. I am just using EGO as an example.
For EGO if gold advances 100 dollars per ounce that is 100 x 19 000 000 = 1.9 billion dollar increase in reserves, good thing I have the Big Red Official Calculator of the National Debt with sixteen digits
IN contrast CEF Central Fund is still trading flat with no premium, a rare event. One can buy the gold and silver for just what it is worth. But there is no leverage as with the miners.
This post was prompted by an excellent inquiry from an alert reader of TMP, thanks!