Jim Puplava
Jim Puplava | |
---|---|
Born | James Joseph Puplava |
Residence | San Diego, California |
Nationality | United States of America |
Alma mater | Arizona State University |
Occupation | Stock broker, investment adviser, broadcaster, author. |
Employer | Puplava Financial Services |
Website |
FinancialSense.com Puplava.com |
James Joseph "Jim" Puplava, born 1950 (age 65–66),[1] is an investment analyst and Internet radio show host born in Gary, Indiana.[2] He is the founder, president & CEO of the Puplava Financial Services (PFS) Inc. group, and Puplava Securities Inc. He is also chief author and host for the Financial Sense Newshour. His companies manage $400 million for more than 825 clients (as of December 31, 2012).[3] Puplava's website at financialsense.com was named a "supersite for alternative investing" by The Globe and Mail, Canada's largest-circulation national newspaper.[4]
Background
Puplava was raised in Arizona by Czechoslovakian immigrant parents.[5] He grew up in a family of 10 children. His mother didn’t work, his father was a cabinet maker who also accumulated a portfolio of real estate.[2]
Puplava graduated cum laude in History and Economics from Arizona State University. He then went on to graduate summa cum laude with a Master's Degree in Finance and Accounting from the American Graduate School of International Management (Thunderbird).
Puplava is a Certified Financial Planner; Series 7 and Series 24 with the Financial Industry Regulatory Authority (FINRA);[6] and Life, Disability and Variable Insurance licenses. Puplava has been president of Puplava Financial Services, Inc. (PFS) since 1985. For twelve years, he held a position as Branch Manager for LPL Financial Services, LLC. In 1996, he incorporated the broker/dealer firm, Puplava Securities, Inc. (PSI) and is its president.[7]
He has worked as a financial writer to various publications and acted as a TV business editor.[7] In 1988, Puplava began hosting Financial Sense Talk radio on various radio stations in San Diego. He also oversees the portfolio management team at Puplava Financial Services and Puplava Securities.[7] He gives weekly broadcasts and writes commentary for Financial Sense Online.[8]
Career
Puplava provides financial education with his Financial Sense Newshour [9] platform. While being sometimes cited as permabear, his opinion on financial markets changed in the course of time. He clearly seconds the views of the Austrian School of economics and sees an inflationary outcome of current fiscal and financial policies. Still his interview platform Financial Sense Newshours provides a platform for guests seconding and opposing his opinion. Puplava currently advocates investment in dividend-paying stocks. He warns about the negative effects of financial repression on future bond prices and advocates laddered bond portfolios vs. bond funds. He sees precious metals like gold or silver as an insurance protection against a possible inflationary development or even a crash of the fiat money system. His news show provides not only a platform for well-known experts seconding his opinion (like Marc Faber), he also airs opposing views.
Puplava and the producer of his Financial Sense Newshour webcast, John Loeffler,[10] believe that the concept of global warming is being pushed by governments in order to promote higher taxation and greater governmental controls of our lives. Puplava has said there is a strong case for believing that the world will enter a cycle of global cooling.[11] He often interviews historian and business consultant[12] Evelyn Browning Garris, who thinks that the current global warming is part of a cycle and is much like the medieval warm period.[13] Puplava, who is heavily invested in oil and oil-related instruments, has also given sympathetic hearings to Bjørn Lomborg and Ian Plimer. He and Loeffler frequently mention that global warming stopped in 1998, a claim which is a myth according to an article in New Scientist magazine.[14]
Peak oil
Puplava is an expert on the theory of peak oil and its consequences for the financial landscape, and was a speaker at the ASPO conference in 2008.[15] He has interviewed several peak oil proponents on his radio program, including Richard Heinberg,[16] Matt Simmons,[17] Jim Kunstler,[18] Robert L. Hirsch and Oxford University's Oliver Inderwildi.[19]
TV roles and appearances
In 1991, Puplava was hired to anchor the nightly segment Business Today for KUSI TV.[20] He appeared on ABC News's Nightline program on November 8, 2007, in a segment called "Sign of the Times" with John Donovan.
PFS Group
All three of Jim's sons work with him in a professional capacity. His oldest son, Ryan Puplava, is the technical analyst for Puplava Financial Services, the senior trading manager for Puplava Securities, and a contributing writer to Financial Sense online; his second-oldest son, Chris Puplava, is a financial analyst for Puplava Financial Services and a contributing writer to Financial Sense online;[6] and his youngest son Adam became webmaster of Financial Sense online when his wife Mary retired in 2007. Jim, together with his three sons runs the three PFS Group companies: Puplava Financial Services, Puplava Securities, and Financial Sense.[6]
Kimber Resources proxy battle
Kimber Resources is a Canadian-based company listed on the Toronto Stock Exchange and the American Stock Exchange and is engaged in the development and exploration of mineral properties in Mexico, of which the most advanced project is the Monterde gold/silver property.[21] Puplava was elected to Kimber's Board of Directors in May, 2004. In September 2006, a press release issued by Kimber Resources reported a disagreement. Puplava, by then a director and significant shareholder, stated his intention to start a proxy battle with the objective of replacing a majority of the Board of Directors and current management.[21] Late October 2006 Puplava agreed to withdraw his threat for a proxy battle when the board of directors agreed to changes in the management team. [22] Puplava still holds a position in the board of Kimber Resources, as does Leanne Baker, which joined the board in resolving the proxy battle. [23]
Personal life
Puplava and his wife Mary, who also acted as his office manager and webmaster from 1990 to 2007,[10] live in Poway, near San Diego, California,[24] near their three sons.[25] Puplava is a history buff, an avid reader and loves sailing his J/124 sloop, Jimmy-J in the San Diego Bay.[6] Puplava has also appeared as a guest speaker for Koinonia House [26] conferences.
Achievements
- 2009 — Selected by Goldline Research, as published in Forbes, as one of the leading wealth managers of Southern California for 2009[27]
- 2008 — Received a "Five Star Wealth Manager" award after being nominated as one of the San Diego area's best wealth managers, as based on nine criteria: customer service, integrity, knowledge/expertise, communication, value for fee charged, meeting of financial objectives, post-sale service, quality of recommendations and overall satisfaction. (As published in the February 2008 issue of San Diego Magazine.)[28]
- 1992 — Puplava was honored as one of America's top ten financial representatives by Registered Representative magazine.
References
- ↑ "PFS Group - Frequently Asked Questions". www.puplava.com/PFS Group. Retrieved 2009-08-06.
- 1 2 "The BIG Picture Transcript Sept 2007". Jim Puplava. Retrieved 2009-08-03.
- ↑ "PFS Group - About Us". www.puplava.com. Retrieved 2013-02-03.
- ↑ Carrick, Rob. "Globeinvestor.com: Alternative thinking: How to find it on the Web". Toronto: investdb1.theglobeandmail.com. Retrieved 2009-03-23.
- ↑ "The BIG Picture Transcript Feb 9 2008". Jim Puplava. Retrieved 2009-08-03.
- 1 2 3 4 "PFS Group - Management Team". www.puplava.com. Retrieved 2013-01-03.
- 1 2 3 "James J. Puplava, CFP - Market Observations Archives for Financial Sense". www.financialsense.com. Retrieved 2009-03-02.
- ↑ "Financial Sense - Uncommon News and Views for the Wise Investor". www.financialsense.com. Retrieved 2009-03-02.
- ↑ "Financial Sense Newshour". Retrieved 2013-01-03.
- 1 2 "PFS Group - Financial Sense". www.puplava.com/PFS Group. Retrieved 2009-08-06.
- ↑ "Financial Sense Storm Watch Update "Oil Rises, Oil Falls" by James J. Puplava 28 January 2009". www.financialsense.com. Retrieved 2009-03-02.
- ↑ "The Cattle Call - Newsletter For Alumni Of The Tcu Ranch Management Program" (PDF). Texas Christian University. 2006. Retrieved 2011-02-01.
- ↑ "Winter Update - Warm Ideas will continue to Dominate Wall Street -- For Now". www.investorvillage.com. Retrieved 2009-03-08.
- ↑ "Climate myths: Global warming stopped in 1998 - environment - 15 August 2008 - New Scientist". www.newscientist.com. Retrieved 2009-03-08.
- ↑ "2008 ASPO-USA World Oil Conference - Confirmed Speakers". www.aspo-usa.org. Retrieved 2009-03-23.
- ↑ "Financial Sense Newshour's Ask The Expert: Richard Heinberg 09.22.2007". www.financialsense.com. Retrieved 2009-04-27.
- ↑ "FSO Transcription - "The Canaries Have Stopped Singing" by Matthew Simmons 18 August 2007". www.financialsense.com. Retrieved 2009-04-27.
- ↑ "Financial Sense Newshour's Ask The Expert ~ James Howard Kunstler, 10.01.2005". www.financialsense.com. Retrieved 2009-04-27.
- ↑ http://www.financialsense.com/financial-sense-newshour/big-picture/2010/07/31/02/matthew-simmons-oliver-inderwildi-robert-hirsch/energy-pearl-harbor
- ↑ "Los Angeles Times PEOPLE". Los Angeles Times. 1991-06-04. Retrieved 2009-03-23.
- 1 2 "Resource Investor - Collision Course for Kimber Resources". www.resourceinvestor.com. Retrieved 2009-03-02.
- ↑ "Kimber Resources and James J. Puplava announce proxy contest settlement". www.finanznachrichten.de. Retrieved 2013-01-03.
- ↑ "Kimber Resources Board of Directors". www.kimberresources.com. Retrieved 2013-01-03.
- ↑ "Interviews - Jim Puplava - Goldline International". www.goldline.com. Archived from the original on July 20, 2008. Retrieved 2009-03-02.
- ↑ "Market Observation - Jim Puplava". www.financialsense.com. Retrieved 2009-08-06.
- ↑ "Koinonia House". www.khouse.org. Retrieved 2009-08-06.
- ↑ "2009 Leading Providers Wealth Managers of Southern California". Forbes. July 2009. Retrieved 2009-08-03.
- ↑ "PFS Group - In the News". www.puplava.com/PFS Group. Retrieved 2009-08-06.
External links
- Financial Sense News Hour, with Jim Puplava
- The PFS Group
- Riders on a Storm — Essay by Jim Puplava published by World Energy Monthly Review
- Video interview on YouTube — Jim Puplava and Gerald Celente