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Welcome!

Sums in up pretty well! Thanks Calgary Dan.

Big Al
March 17, 2015

What an interesting group! Click here to watch.

Discussion
85 Comments
    Mar 17, 2015 17:27 AM

    I think this sums things up quite well, too:
    https://www.youtube.com/watch?v=NtmemsBdd_c

    Mar 17, 2015 17:39 AM

    Absolutely marvelous! Thanks Matthew!

    Mar 17, 2015 17:54 AM
    Mar 17, 2015 17:06 AM

    what insight…I dont get it..
    thanks

    Mar 17, 2015 17:32 AM

    4 Non Blondes – What’s Up

    Did Franky post this ๐Ÿ˜‰

    Mar 17, 2015 17:33 AM

    Great tune. Thanks Al. ๐Ÿ™‚

    Mar 17, 2015 17:41 AM
      Mar 17, 2015 17:09 PM

      Interesting, thanks John K

    Mar 17, 2015 17:05 PM

    The pivot to Asia continues (sans US$)

    France, Germany and Italy have all agreed to follow Britainโ€™s lead and join a China-led international development bank, according to European officials, delivering a blow to US efforts to keep leading western countries out of the new institution.

    http://www.zerohedge.com/news/2015-03-17/plan-b-major-european-allies-desert-obama-join-china-led-infrastructure-bank

    Mar 17, 2015 17:18 PM

    thats called music….

      Mar 17, 2015 17:00 PM

      Yes it is!

      Mar 17, 2015 17:00 PM

      You heard it first here!

      Thanks Doc!

        Mar 17, 2015 17:13 PM

        Al, no offense intended, but I said it here first and had been accumulating Claude and talking about it way before Doc new it existed.

          Mar 17, 2015 17:13 PM

          *knew, not new!

        Mar 17, 2015 17:16 PM

        Matthew says:
        On July 29, 2014 at 11:00 am,โ€จMatthew says:
        Claude Resources (CRJ.TO) is another one that has been really beat up by this bear market. I am convinced that the worst is absolutely behind Claude and that the current price reflects risks that just arenโ€™t there and concerns that have been dealt with. It just rallied 100% in five weeks and is going to go much higher in the weeks and months ahead.
        ———-

        Referring to Claude two months later:
        On September 22, 2014 at 10:57 am,
        RICHARD says:
        And thatโ€™s one reason why I read most of the commentsโ€”โ€”looked up this company (which I was unaware of) and like a lot of what I read.

          Mar 17, 2015 17:46 PM

          How in the world do you and bird find things from years ago? Do you guys save post or is there some type of short cut? ๐Ÿ™‚

            Mar 17, 2015 17:49 PM

            It’s in the X(plorer) Files.

          Mar 18, 2015 18:53 AM

          Matthew – I have to give you 100% credit for my original interest in Claude. We were discussing it on this blog back in 2013 a few times and they had been on my watch list for a while. I picked up my first positions in April of 2013 and have waited all this time to be in the profit and it is nice to see how the markets perception on their turn around has righted course.

          Thanks again, because I became a fan back then in 2013 and had been watching them since 2012, but it was your enthusiasm that got me to take a second look.

          To me this is the some of the real value in this blog – the stock picks, the market direction, the new ETFs that emerge so quickly it is hard to track them all, and people sharing breaking news on companies. We call that a community.

          Best to all.

            Mar 18, 2015 18:10 AM

            Credit to you for not chickening out, Shad. I was early and it got spooky at times but I bought into all major weakness and still have too much (by generally accepted diversification norms, anyway ๐Ÿ˜ฎ ).

            Mar 18, 2015 18:21 AM

            Well thanks again Sir. I remember it being discussed on this blog years ago and Al mentioning he had been to their site and they had a nice little mine.

            When they poured their Millionth ounce of gold, I thought, surely that would solidify their competence to the marketplace, but it still continued to fall. I just knew they were doing the right activity, had the right exploration level going on in their properties and they were focused. Now it is being touted as a “turnaround story”, but honestly they’ve done a ton of things correctly for years now, but are just getting noticed for it.

            Let’s keep sharing, discussing, and dissecting the details on good companies like this when we find one that stands out. Good luck this afternoon and tomorrow.

            Mar 18, 2015 18:32 AM

            I agree, there should be more discussion about the miners. I’ve always been surprised about how little interest there seems to be in finding good miners.

      Mar 17, 2015 17:14 PM

      Nice call Matt and Doc!

      Mar 17, 2015 17:37 PM

      Fantastic article – The author of the article owns 5.5 million shares of Claude (so this was NOT some “guy-with-a-blog” that owns 5000 shares). Makes me feel more comfortable with my current position – just wish there was a pullback so I could buy more.

      Brian

        Mar 18, 2015 18:00 AM

        Agreed Brian. After holding the stock for 2 years, it felt good to sell my position at a profit, and I needed the capital for another trade. I honestly thought when it hit $.42 (US) terms in the beginning of March, that it would pull back with the rest of the miners and the price of gold, so I sold at $.41 (whoops). It did pull back to $.39 (US) where I could have taken a new position, but then Claude spiked up to $.46 (US) and if gold takes off after the FOMC I could see it over $.50.

        There will be another buying opportunity if Gold breaks below 1130 in April/May, but I may just start building a new position soon and average in.

    Mar 17, 2015 17:48 PM

    Im not as old as this movie but it sure hits home of what life use to be.. These were good times regardless of the wars. People respected one another and this was true talent. I picture Al with a cigar and a glen on rocks hanging out with these fine dudes lol..

    https://www.youtube.com/watch?v=CH2KGboA35c

      Mar 17, 2015 17:52 PM

      Al was ten years old when that came out, not sure they’d share a cigar with him. ๐Ÿ˜ฎ

        Mar 17, 2015 17:55 PM

        strangers things have happened. ๐Ÿ™‚ More so in those days.. My dad tells me stories of how young they got married how young they were when working on the fields. They were lighting them up at 12 years old.

          Mar 17, 2015 17:59 PM

          You mean you weren’t lighting up at 12?! You must be Canadian or something. ๐Ÿ™‚

      Mar 18, 2015 18:02 AM

      Snow!

    Mar 17, 2015 17:53 PM

    And this one is for you big Owl Al! From all of us in here..For all you do ๐Ÿ™‚

    https://www.youtube.com/watch?v=4DC7FDsVPhU

    Mar 17, 2015 17:57 PM

    The two guys behind the general are Matt and J since they have been with the general for awhile lol.

    Mar 17, 2015 17:06 PM

    hedge funds are probably having a great month as this intraday voilitility is great for the big money boys. great for brokers too as it churns commisions. My Dr. Pepper stock has pulled back to my buy point, but, the company is well positioned, to take more market share, this summer as colas lose share and flavors and root beer gain in popularity. the real reason i bought it, is Snapple . i will be calm and patient. best to all S

    Mar 17, 2015 17:25 PM
    Mar 17, 2015 17:01 PM

    http://traderdan.com/?p=3164

    trader dan’s comments on golds moves yesterday.

      Mar 17, 2015 17:10 PM

      Nowbody is looking YOU BUY GOLD ! https://www.youtube.com/watch?v=hdytDq3tK-E

      Mar 17, 2015 17:24 PM

      The results of the poll on that page are quite a positive contrary indicator in my book.

        Mar 17, 2015 17:35 PM

        Matthew Bibi wins ! Gold will go UP !

        Mar 17, 2015 17:37 PM

        Also bullish is the fact that PSLV is now trading at a 1.47% premium to NAV. It bottomed at 1.26% on March 13th but was as high as 4.2% in February.

        The highest premium was reached on January 9th, 2012 at 34.22%.
        The lowest was a 0.9% discount to NAV on June 25th 2013. A similar reading was reached as recently as December 23rd, 2014 at -0.72%.

    Mar 17, 2015 17:46 PM

    BB….YOU NEED TO PAY ATTENTION….

    http://m.cnsnews.com/news/article/barbara-hollingsworth/economist-tells-congress-us-may-be-worse-fiscal-shape-greece

    Above is only one installment of two catastrophic events coming to this world.

    The other one is below and nuclear war now is a forgone conclusion.

    https://www.wsws.org/en/articles/2015/03/17/nucl-m17.html

    BB…..I hope your young and very fit. Its going to be survival of the fittest.
    Especially if your attempting to navigate your life without God.

    HA…..Russia has a massive military prepared coming down through the
    Artic into Canada where you live BB fully armed with hunderds of nuclear
    weapons 500 times more powerful than the nuclear bomb that took out
    Hiroshima.

    Unfortunately the Canadians have a harmless military. ..LOL…. Russians
    will see to it the Canadians retreat like scared little rabbits. BB all your
    Canadian troops will fold at the knees as soon as they set their eyes on
    a Russian trooper.

    BB….YOU HAVE ALREADY SURRENDERED TO THE NWO AND YOU DON’T EVEN KNOW IT.

    HA…HAAAAAAAAAA…thats what happens to…TAMAGUCHI’S……who NEVER wake the F..up.

    Don’t depend on the US who will be in chaos.

    BB….Enjoy the long ride down…its your…POOP CHUTE. …..and you picked it.

    The Jews and The Germans found out in world war 2 how quick destruction
    comes. Hours !!!! Within 48 hours all of Dresden was destroyed and no nukes
    were used.

    DON’T GIVE ME YOUR BULL SH%T …BB….

    THIS IS SERIOUS FOLKS. Don’t assume your safe. Not with thousands of nuclear missiles
    pointed at us.

    CFS
    Mar 17, 2015 17:30 PM

    I think all governments that are able to will continue to print money indefinitely as needed to run their economies. Some, such as Japan, do so now to finance all of their government debt refinancing. I believe the U.S. will do the same. Because it is the EASIEST thing to do. The topic on which Goldbugs should focus is what and when could there be a breakdown of such a financing scheme. Obviously a war could cause a collapse of the system, but is any leader stupid enough to take country to war in the nuclear age?
    Most countries will just try to keep muddling through until the monetary system collapses.
    Clearly the most likely problem to occur first will be from a country that CANNOT print its way out of its difficulties, not the US.
    The question then, since Greece will possibly the first to cause problems, is can Greece’s monetary difficulties collapse the whole system?
    Can a few billion dollars default collapse the system?
    Since much of Greece’s debt is now owed not to individual banks holding its sovereign bonds but central banks, at a surface glance of the situation, this will NOT cause a collapse. However, the derivatives situation associated with Greek debt is a different matter. Of course, the exact details of default swaps and other derivatives are not known. In the lehmans case governments were sufficiently scared of a collapse that money was poured in. A lot of bankers got extremely rich out of governmental panic, but would the whole monetary system have actually collapsed from the derivatives balloon being pricked? There are a lot of off-setting bets. Sure some individuals and banks will immediately go belly up, but does postponement of facing this problem make it any easier to solve? Sooner or later the derivatives bubble will burst, but are governments and politicians doing us any favor by kicking the can down the road?
    All I see is China and Russia giving the West enough rope to hang themselves, while they accumulate all the gold and other natural resources they can get their hands on.
    I don’t like what I see.

    Mar 18, 2015 18:17 AM

    Just a thought. Most people even professionals are so wrong. As sovereign defUlt is looming, people is piling into sovereign debts even with negative rates. It is just amazing. Einstein said, only two things are unlimited, one being universe and the other is human stupidity.

      Mar 18, 2015 18:28 AM

      +1
      There’s way too much confidence in the planners. The masses think that 2008 was it and now the good old days can return. This notion has moved up the food chain and now infects the minds of many who should know better.

    Mar 18, 2015 18:15 AM

    Makes you kinda feel warm and fuzzy all over, don’t it?

    quoting snips from May 2014:

    >If the Yellowstone supervolcano erupts then millions of U.S. citizens could end up in Brazil, Australia, or Argentina.

    >African National Congress was offered $10 billion a year for 10 years if it would build temporary housing for Americans in case of an eruption.

    >โ€œSouth Africa will not be part of the plan, because there is a risk that millions of white Americans could be sent to South Africa in an emergency situation and that this would pose a risk to black national culture identity,โ€ Dr. Siph Matwetwe, spokesman for the Department of Foreign Affairs, is quoted as saying.

    โ€œWe have our own challenges, even if there is enough housing and infrastructure available, it will destabilize the country and may even bring back apartheid.โ€

    http://www.theepochtimes.com/n3/662805-yellowstone-volcano-eruption-report-claims-that-us-has-contingency-deal-with-brazil-australia/

    In other words – Yankee Stay Home!

      Mar 18, 2015 18:19 AM

      I have an idea:
      send the blacks to Africa
      the browns to Brazil
      the whites to Australia

      or is that too un-Christian?

      Mar 18, 2015 18:21 AM

      I particularly like the part: – risk that millions of white americans … would pose a risk to black national culture identity”.

        Mar 18, 2015 18:25 AM

        +1 ๐Ÿ˜