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Resource Bull Markets, Golds Volatility and the Brexit Vote

ker
June 18, 2016

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Discussion
238 Comments
    Jun 18, 2016 18:22 AM

    Thanks for the weekend show fella’s!

    Beat you too this week Rev too !

      Jun 18, 2016 18:26 PM

      😉

      Jun 18, 2016 18:39 PM

      Yes, you did Skeeta!

    Jun 18, 2016 18:22 AM

    Dang!!!

      Ann
      Jun 18, 2016 18:17 AM

      hilarious !!!

      Jun 18, 2016 18:30 PM

      Don’t worry, You’ll get him next weekend A.A.

      Skeeta is going to be side-tracked with San Diego vacation planning and may be off his game.

    CFS
    Jun 18, 2016 18:25 AM

    Sprott Conference info??
    I don’t see it…….

    Maybe I don’t know where your “home” page is!

    CFS
    Jun 18, 2016 18:32 AM

    The Fed is VERY effective, Cory.
    You just need to understand their real purpose.

    1. To make money for its owners….bankers.
    2. To allow the political scum of the US government to run up almost indefinitely large debt, so as to keep spending and maintain the bureaucracy.

    You really are too smart, Cory, to really believe the purpose of the Fed is to maintain the value of the dollar, or manage the economy!?!

      Jun 18, 2016 18:03 AM

      Yes and also to force everyone to drop to their knees and worship them.

        Jun 18, 2016 18:41 PM

        Most here certainly do not!

    CFS
    Jun 18, 2016 18:39 AM

    Come on Axel, a vote for Brexit Is NOT a vote against trade. It is a vote against UN-democratic Bureaucracy.

      Jun 18, 2016 18:42 PM

      Yes sir CFS

    AJ
    Jun 18, 2016 18:15 AM

    What is Brexit and why does it matter? The EU referendum guide for Americans

    http://www.theguardian.com/politics/2016/jun/18/eu-referendum-brexit-explainer-for-americans

    CFS
    Jun 18, 2016 18:32 AM

    The Guardian used to be less biased, but has evolved into a pro-socialist rag.

    The Brexit explainer totally fails to mention the non-democratic bureaucracy of the EU.
    How changes in law CANNOT be introduced by the elected members of the European Parliament, but ONLY by unelected officials. Britons, 800 years ago refused to accept such rulers, and eventually gave democracy to its evolved colonies.
    Brexit is as much about sovereignty and culture, rather than the comments contained in the Guardian article.

      Jun 18, 2016 18:41 AM

      CFS Agree:The Guardian has degenerated into tabloid communist trash. Some v.interesting pieces in today’s Mail and Telegraph, including the fact that Field Marshall Lord Guthrie has apologised for his allegiance to Cameron’s circle and has now opted to leave the EU. Guthrie is particularly disturbed by the fact that were we to remain we’d be required to enlist in Europe’s army – a fact that our PM has largely withheld from the British public.

      Jun 18, 2016 18:19 PM

      Good points CFS.

    CFS
    Jun 18, 2016 18:34 AM

    Cory, Steven Holden was interesting.

    CFS
    Jun 18, 2016 18:53 AM

    The financial sense Big Picture is worrisome.
    http://www.financialsensenewshour.com/broadcast/fsn2016-0618-2.mp3
    More perplexing is why Puplava would repeat the now disproven claim that Jo Cox’s killer said “Britain First”, when multiple eye-witnesses have denied that claim.
    This was not a terrorist act, but rather the act of a very mentally sick man. It is not even demonstrated that Jo Cox was an intended victim; but more likely just a person in the wrong place at the wrong time.

    CFS
    Jun 18, 2016 18:10 AM
    Jun 18, 2016 18:54 AM

    We’re now looking at a third moving average crossover of the 34-week and the 89-week EMA in the TNX/PRII weekly chart. The last time this occurred was when the rally was well under way in gold out of the 2009 price low.

    We have to thank the dollar decline, which will be the largest contributor after interest rates vs. inflation. The dollar decline has been held off due to political turmoil in the UK, but will get under way in earnest soon enough.

    A dollar decline does not necessarily guarantee a bull market in commodities, because the lower interest rates go, the lower your returns are on large amounts of capital.

    http://schrts.co/J5vEAo

      Jun 18, 2016 18:13 AM

      Looking at USERX, the inverse correlation with the gold/silver ratio is at an extreme, that means a top on the mining markets in $US terms. But this indication can go on for weeks at a time. I would liken the times to when gold prices finally superceded $500, which was a significant psychological barrier. The barrier nowadays is $1300, which was cleared on the close in the daily chart Friday:

      http://schrts.co/MHSZhI

        Jun 18, 2016 18:17 AM

        If you don’t believe me, just look at the closing value: 1301.60

        http://schrts.co/WuLy1t

          Jun 18, 2016 18:25 PM

          Agreed on the assistance lately from the US Dollar decline.

          Interesting on the crossover of the 34-week and the 89-week EMA.

          FranSix- Good thoughts the mining stocks priced in US dollars and the accompanying charts.

    Jun 18, 2016 18:17 AM

    I laughed when Lundin says “dynamism” of the U.S economy. He is forgetting the largest multi-trillion dollar pumping to save itself from the 08 crash. Also remember that the currency has been advantaged for 2+ generations now by being the only reserve currency in the world. This unfair advantage is going to draw to a close in the next 10 years or so. M.I.T, the U.S leading tech innovator, is NOT a private institution, it is public and the multi-trillion dollar ideas that have been developed there and gifted to American private industry is IMMENSE. I’m not saying private entities don’t develop great stuff…AT&T + Bell Labs did that but they were fed directly from the brainiacs coming out of M.I.T. The so called “free-markets” and never 100% free and they need Government to guild and nurture them. This is why markets have been able to continue. It is a delicate balancing act to say the least! Now bring on the turd-hurling you die hard libertarians!!!

      AJ
      Jun 18, 2016 18:38 AM

      Second that. Mariana Mazzucato’s recent “The Entrepreneurial State: Debunking Public vs. Private Sector Myths” is a case in point


      Her book comprehensively debunks the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector. In a series of case studies—including IT, biotech and nanotech—Professor Mazzucato shows that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. In an intensely researched chapter, she reveals that every technology that makes the iPhone so ‘smart’ was government funded: the Internet, GPS, its touch-screen display and the voice-activated Siri. And in another chapter she argues that the green revolution is today is missing the kind of patient public sector financing, and de-financialized private sector, that got the IT revolution off the ground.

      Mazzucato shows that in the history of modern capitalism the State has not only fixed market failures, but has also actively shaped and created markets. This required financing not only basic research but also applied research and early stage financing of companies. In doing so, the State sometimes wins and sometimes fails – as in the twin tales of Tesla and Solyndra. The US Government funded both: Solyndra went bust – and became the latest stick to beat the Government with for its attempt to ‘pick winners’ – while Tesla was successful. But where was the public’s reward for making that early investment? Does the tax system still work to bring back this social return? In fact the risks were socialised while the rewards were privatised. The book considers how to change this dysfunctional dynamic so that economic growth can be not only ‘smart’ but also ‘inclusive’. It is a conversation the US desperately needs to have.

        Jun 18, 2016 18:53 AM

        Thanks AJ,
        also also see Noam Chomsky and other credible economists on this fact.

          Jun 18, 2016 18:17 PM

          Chomsky is far from a credible economist.

            Jun 18, 2016 18:06 PM

            Matthew, Chomsky is just as good an economist as Marx, lenin, Mao, Castro, Chavez, and Obama.

            Jun 18, 2016 18:00 PM

            Don’t forget Paul Krugman, Bonzo.

            Jun 18, 2016 18:17 PM

            True, he is certainly not an economist. I only cite him because he has been at M.I.T for 60 years and knows its public funding and innovation history.

            Jun 19, 2016 19:41 PM

            Those who understand economics and the criminality of collectivism know that Chomsky is wrong about an awful lot.

            Here’s James Corbett’s take:

            https://www.youtube.com/watch?v=EEDf7OkRCxk

            (Corbett was a left collectivist before he saw the light.)

            Jun 19, 2016 19:43 PM

            Corbett is not the only one who understands Chomsky’s role…

            https://www.youtube.com/results?search_query=noam+chomsky+gatekeeper+

        Jun 18, 2016 18:48 PM

        Thanks AJ and will pick it up.

          Jun 18, 2016 18:32 PM

          Al,
          M.I.T was the most important American university of the 20th century. The pentagon’s top brass knew that and always pushed for more public funding to it. They benefited directly from the innovations that came out of it, not to mention countless American corporations. Without it there would be no American Empire.

            Jun 18, 2016 18:49 PM

            It was actually about 90% Pentagon funded in the late 50’s early sixties.

            Jun 19, 2016 19:53 AM

            It is certainly a great institution, Confused.

      Jun 18, 2016 18:28 AM

      You are confused indeed. Government gets its money from the private sector (even when it creates it out of thin air). No, free markets don’t need gubmint goons to “guide and nurture them.” Free markets need government to protect them from thieves and liars who don’t value or understand what freedom is. That is not a turd, that is a gem. Too bad you can’t tell the difference. Gubmint skool graduates say the darndest things.

      https://www.youtube.com/watch?v=-4S0gHlKiho

        Jun 18, 2016 18:26 PM

        You are a funny guy….and thanks for that link to that phoney journalism piece….really “educational”…ha ha ha

      Jun 18, 2016 18:46 PM

      I should known that MIT was state run and but I actually never thought about it

    Jun 18, 2016 18:05 AM

    Thanks Bobby and TONY for your efforts.

      Jun 18, 2016 18:30 AM

      Dang Jerry, what happened?

        Jun 18, 2016 18:50 AM

        He just forgot where he parked his car.

        Jun 19, 2016 19:39 AM

        Big owl tried to jail the carrier pigeon. Lol

          Jun 19, 2016 19:40 PM

          I’m sure he did. Most likely a blonde too.

      Jun 18, 2016 18:24 PM

      good to see you back and active. you owe us over 600 posts.

        Jun 19, 2016 19:41 AM

        Thanks Bobby for your efforts….j

      Jun 18, 2016 18:30 PM

      Jerry..Once again welcome back…You old rascal…..X

        Jun 18, 2016 18:35 PM

        +10

        OOTB Jerry…..The Long….The Claw…The BOOT…Frank….from moscow….

        Welcome back.

        Jun 19, 2016 19:44 AM

        Thanks Tony l will now vote for BREXIT……lol

      Jun 18, 2016 18:49 PM

      I heard a rumor that you were banned.

        Jun 19, 2016 19:09 AM

        No that was HH Al. Welcome back Jerry!

          Jun 19, 2016 19:14 PM

          Andy thanks…j

          Jun 19, 2016 19:45 PM

          Andrew, banning is a myth.

          You need to get technically
          educated and advanced.

          You know, 2 year old stuff !!

        Jun 19, 2016 19:48 AM

        OWL. The check is in the mail, …for the bond hearing……check with TONY……

          Jun 19, 2016 19:44 AM

          I got it covered Jerry#

      Jun 18, 2016 18:15 PM

      Hope everything is OK, OOTB.

      We were very concerned but good to see you’re back.

        Jun 19, 2016 19:52 AM

        Thanks…..The Ker jail…was h..l. …TONY forgot the password……lol

          Jun 19, 2016 19:06 AM

          Tony forgot to “mind his own business” .

          You need to quiet that boy up.

          He’s been tagged. !!!

            Jun 19, 2016 19:20 PM

            Jake ,remember to be nice to TONY ,he is the man with the jail keys.

            Jun 19, 2016 19:32 PM

            I thought Al – had the keys. Somebody lying.
            Doesn’t matter Jerry ! I’m still hanging on
            to my “Get Out Of Jail Free Card”.

            And that’s some really good gospel right there buddy !!

          Jun 19, 2016 19:43 AM

          Comm on Jerry, what about all the great red wine and steak?

            Jun 19, 2016 19:52 AM

            Only the jailers get the good stuff……BTW. HAPPY FATHERS TO ALL YOU GUYS

    Jun 18, 2016 18:21 AM

    What America needs is change, I think we can all agree on that point. You cannot teach an old guard new tricks. The old Republican guard surrounded by Paul Ryan is looking backwards, they are operating in the style of the past. The democrats are no different they are entwined in their cliques. If the entrenched members of both parties had their ears to the ground they would have heard the discontent with the status quo that has propelled Donald Trump to where he is today. This is the problem with the articulate Jeff Diest, he didn’t for see a businessman like Trump winning because he was surveying the same old field with all it’s baggage.

    Along comes Donald Trump now a year in the making and he is The Republican candidate, but the politicians are still dismissing him with a nervous laugh. The bosses in Washington don’t want him because he isn’t commonplace enough for them to control. The Washington establishment wants someone who is agreeable, a guy you can play poker with on Saturday night, bendable but dependable and when the deals are made he will submit to their demands. This is not Trump, he is the guy that wrote the book on “The art of The Deal.” America needs a businessman as President so that the healing can begin, if you don’t have a sound economy you won’t survive as a strong nation and I submit Venezuela as proof. DT

      Jun 18, 2016 18:26 AM

      I misspelled Jeff’s last name it should have been e before i but that doesn’t change my message.

      PF
      Jun 18, 2016 18:18 AM

      Healing from what? The U.S. is the most affluent country in the world with the highest living standards.

        PF
        Jun 18, 2016 18:20 AM

        Maybe on a per-capita basis, some small countries like Monaco and Switzerland are better but you get my point.

          B
          Jun 18, 2016 18:42 AM

          I think PF a definition of “high standard of living” would be usefull.

          If clean water, an education or liberty was included in the definition, does the US come close to the highest standard?

            PF
            Jun 18, 2016 18:17 AM

            Yes, pretty much.

            1) 16 of the top 20 colleges in the world are in the U.S.
            http://www.usnews.com/education/best-global-universities/rankings

            2) Studies show that European countries have the best water quality.

            3) Liberty? You can do almost anything you want in the U.S. … buy guns, smoke weed in your home, protest against the government, have relationships with anyone you want. Try to buy a gun in Europe and see how that works out. Try protesting against the government in China or Russia and see how that works out. Try having a non-traditional relationship in the Middle East and see how that works out.

            B
            Jun 18, 2016 18:55 AM

            Guess ur right PF, we got nothin to be concerned about.

        CFS
        Jun 18, 2016 18:03 PM

        PF,
        You show clear evidence you never travel much!
        I have been to at least a dozen countries wherein the average standard of living exceeds that of the US.

        Jun 18, 2016 18:53 PM

        Yes it is PF

          PF
          Jun 18, 2016 18:32 PM

          CFS and Al, please give us examples.

            CFS
            Jun 19, 2016 19:32 AM

            Switzerland
            Germany
            Austria
            Liechtenstein
            Monaco
            Denmark
            Norway
            Australia
            New Zealand
            Iceland
            Dubai
            Abu Dhabi
            Even possibly Malta, Cyprus,Ireland, depending on exact definitions.
            The US IS BIG AND RICH, but not the best by many rational measures.

            Jun 19, 2016 19:57 AM

            Sorry, examples of what?

            Mr “not much memory”

      B
      Jun 18, 2016 18:37 AM

      Not sure you can use Venesuala as proof DT.
      The americans have been working towards their demise for years.
      We dont know if they would have been very successful without interferance.

      Maybe any system isnt good enough if it cant stand against the americans tho.

      Jun 18, 2016 18:55 AM

      No, we don’t need a business man, we need someone who can tell the difference between a screwdriver and a socket wrench. If you can’t tell the difference, and most can’t, you can’t fix the problem. Government wields the sword. The sword is for inflicting pain on the thief, the liar, the murderer, etc., NOT on the righteous as is happening today when a Christian baker who refuses to bake a cake for perverts is fined $135K.

        Jun 18, 2016 18:08 AM

        They will never listen Wayne. This world is spiritually bankrupt
        and all of or most all, don’t even realize the real reasons humanity
        is going to take that fatal next step into a bottomless pit.

        There is very little time left.

          Jun 18, 2016 18:57 PM

          I happen to agree with you Jake!

            Jun 18, 2016 18:17 PM

            Its a shame Al.

            However, it is, what it is. You can’t change
            the color of a leopards spots.

            As you know, as well as I do !!!

        Jun 18, 2016 18:56 PM

        That is a very good point, Wayne#

      Jun 18, 2016 18:05 AM

      DT:

      You are correct. As Calvin Coolidge famously stated: The Business of America is Business.

      Jun 18, 2016 18:52 PM

      So true, Mr Tracy

    PF
    Jun 18, 2016 18:56 AM

    Segment 8 – Hillary is a about a 3 to 1 betting favorite over Trump according to offshore oddsmakers. How can Trump win when so many people in his own party like Mitt Romney, Meg Whitman, and Jeb Bush won’t support him? Trump called Romney a loser because he lost to Obama. What will he call himself when he loses to Hillary (who is a significantly weaker candidate than Obama)?

      Jun 18, 2016 18:17 AM

      PF:

      How? Independents, dissatisfied Dims, Millenials and X generation age groups who can’t make a living.

      I wish Trump had attended Charm school. I supported Cruz with a few bucks. No crystal ball what a Trump Presidency will bring but we do know what a Clinton Presidency will bring as she herself has given us a very unpleasant and unacceptable roadmap.

        PF
        Jun 18, 2016 18:31 AM

        That’s where Bernie Sanders comes into play because he is supported by dissatisfied Dems and independent. If Bernie gives Hillary his full support like I expect, then Hillary will win this comfortably. If Bernie wants to be a sore loser and not support Hillary, then this election will be a 50-50 coin toss.

      Jun 18, 2016 18:58 PM

      That is a great point, Mr Tracy. She is much weaker

    CFS
    Jun 18, 2016 18:02 AM

    DT,
    I agree with much of your comments, but I’m not sure Trump is more businessman than showman, and he certainly has a Democrat value system, which conflicts with my conservative life-views.
    (He would be better than an as yet unconvicted crook, though)

      Jun 18, 2016 18:15 AM

      CFS, Trump is all three a businessman, a salesman, and a showman. These in my mind are the attributes that made your young country so prosperous in the past. DT

        B
        Jun 18, 2016 18:50 AM

        DT?

        It was theft of land, slavery, genocide, successful invasions that made the U.S. prosperous.

        Honustly, I dont see any challenges being dealt with until the U.S. past is acknowledged.

          Jun 18, 2016 18:10 PM

          B:

          America’s past has, for the most part, been corrected and most of the rest has been acknowledged. Are you a Canuck or a Yank? if not, where are you from? Just curious

            B
            Jun 18, 2016 18:55 PM

            Canuckistan, I guess I just dont see their history as acknowledged by americans.
            Maybe because they keep invading nations and pressing for war, asasinating etc.

            Maybe it is and its just their government, what the heck could anyone do about anything anyway?

            Dont get me wrong, I used to love visiting the states. Vegas was my favorite of course, would go about 4 times a year.
            I have a brother living in L.A., he was last we spoke anyway. married an american and raised american kids. His son is a pastor. I have 2 “pastor” nefews.

            In Vegas my favorite game was with the locals, was the occasional white guy that would look at me funny for talking to black people tho.
            I didnt care I had a gas.

            I have always liked american people, every people I ever met for that matter.

            I hope your right and Im wrong Dai.

      Jun 18, 2016 18:40 AM

      CFS:

      Having served in two Presidential appointments under President Reagan, I share your life views. It appears that the Presidential election this year will be determined not by what candidate we like the most but by the candidate that the voters totally dislike. Accordingly, I will be supporting Trump for what it may be worth.

        Jun 19, 2016 19:30 AM

        DU…I too will be supporting Trump..anyone who doesn”t is asking for another 4 years of the disasterous obama regime. The country cannot stand another 4 years of the current administration..

        Jun 19, 2016 19:01 PM

        Were you a Vietnamese Captain?
        the co van

      Jun 18, 2016 18:05 PM

      +1 Bankrupted how many times!!!! Like all 1% terse….he sucks the test of free wall street money. Get real bro.

        Jun 18, 2016 18:14 PM

        Confused:

        Trump has obviously used talented attorneys and advisors and that suggests to me that President trump will continue the same.

          Jun 19, 2016 19:01 AM

          Possibly John. At this point I don’T share your optimism.

        Jun 19, 2016 19:35 AM

        Confused..would you rather have crooked hillary?

    Jun 18, 2016 18:02 AM

    Does this look like a bull market in gold.

    http://www.macrotrends.net/1380/gold-to-oil-ratio-historical-chart

    There is no bull market here unless you turn the chart upside down.

    How could you so called experts and gold crowd overlooked these facts.

    You going to tell me it doesn’t count ? This indicator has been accurate for
    over 50 years. I guess the gold perma bulls don’t want anyone to know. Its
    dislocating to the followers of the cult.

      Jun 18, 2016 18:20 AM

      I suppose the chart speaks to oil as well. But I fail to see a reliable correlation when both oil and gold are susceptible to manipulation.
      The history of this speaks for itself. William Engdahl has written extensively of this.
      But your use of the term “cult” speaks to your distaste for gold investors.
      I respect that view, but kindly ask that the negativity be switched down a notch. We all want to win, and hurling insults will not bring wealth to trader jake or anyone else. Unless, of course, you are Don Rickles.
      Al and Cory – we need to switch off the negativity and bring respect back to these boards.

        Jun 18, 2016 18:42 AM

        My point Rand, for your information. There is a following of people
        who disregard any negatives in the favor of gold and always must
        have this love affair no matter what the circumstances to keep the
        dreams alive. Many have lost fortunes following all this propaganda.

        ●Cult definition : a system of religious veneration and devotion directed
        toward a particular figure or object.

        You are mistakenly wrong and your judgment is misplaced in this regard.

        Incidently, I’m not the one calling others malicious names and able to carry
        on a debate and civil conversation without derogatory type behavior.

        There again, your claim is erroneously false.

        Jun 19, 2016 19:32 AM

        +1 this place is turning into dick central!

          Jun 19, 2016 19:47 AM

          Depends who you take seriously, Confused! Freedom of speech has its price!

    PF
    Jun 18, 2016 18:46 AM

    National polling averages show a 6% lead for Hillary.

    http://www.realclearpolitics.com/epolls/2016/president/us/general_election_trump_vs_clinton-5491.html

    That lead should expand once Bernie Sanders endorses Hillary and Obama starts campaigning for Hillary. Hillary is so vulnerable this election, but Trump has no one to blame but himself if he loses. The arrogance, the insults, the borderline racist comments, etc … will cost him the White House.

      Jun 18, 2016 18:33 AM

      8th-Grader Gets Yuge Laughs Impersonating Trump in Graduation Speech

      A Chicago middle school graduate drew a standing ovation for his graduation speech — poking fun at the candidates running in the 2016 race as well as the president.

      https://www.youtube.com/watch?v=0khR11eRvfQ

      Jun 18, 2016 18:04 PM

      PF:

      A long time until November. Clinton’s poll results have dipped since Orlando………..

        Jun 19, 2016 19:02 AM

        Yes, John, a long time.

        I, for one, am following the events very closely!

    Jun 18, 2016 18:21 AM

    Regarding Jay Taylor’s comments from Friday, Al, what a bunch of baloney. The first quote attributed to Valerie Jarrett is completely bogus. See http://www.rightwingwatch.org/content/unraveling-story-behind-valerie-jarretts-bogus-payback-quote.

    Quoting Obama’s pastor from before the 2008 election is kind of old, wouldn’t you say, Jay? Kind of a little too little, a little too late? The pastor was never a part of the Obama administration or his Senate staff.

    Obama said “Voting is the best revenge.” That was in response to an audience reacting to the mention of Romney. He did not say “Vote for revenge.” But if he did say “Vote for revenge.” What is wrong with that? https://www.youtube.com/watch?v=a5urR_mTTcY

      Jun 19, 2016 19:37 AM

      Thanks Don. As I personally have said many times, “I have nothing personal against the man, I simply do not agree with his agenda.

      I truly try to keep emotions out of it. Too bad all people do not share my philosophy!

        Jun 19, 2016 19:40 AM

        Big Al…I do have something personal against the man..he has put my country on the path to ruin..a devout marxist muslim that rules like a dictator making America less safe and a target for the terrorists. He has run the debt to unsustainable levels and sided with the terrorists at every opportunity. Anyone who does not see this has his or her head in the sand.

    Jun 18, 2016 18:22 AM

    Hats off to you Mr Day: “Extreme scare tactics” by people such as Obama, Cameron, George Osborne, Wolfgang Schauble, Mark Carney and now Christine Lagarde should leave the ‘remainers’ hanging their heads in shame. And yes, Cory that’s what they’re terrified of – the break-up of Europe starting with Greece, Italy, Spain and others in close order.
    Putting my cleric’s garb on for a moment – I’m praying that come the 23rd all voters will experience an immense sense of peace by which faith overcomes fear and that the Leave movement enjoys an indisputable majority.
    Sure they’re will be turbulence and uncertainty in the immediate aftermath, but two years max and Britain will be able to reclaim some of those (better) qualities that once made her great.

    Jun 18, 2016 18:31 AM

    Should have added this 10 minute clip by Pat Condell. Already posted several times on this site it offers the most concise argument for getting (the hell) out of Europe.

    https://www.youtube.com/user/patcondell

      Jun 18, 2016 18:40 AM

      You can run, but there is no where to hide.

      Unless of coarse you have a secret hideaway
      and know where to go. That is proprietary
      information though. You have to be a member
      of “The Club”.

    Jun 18, 2016 18:39 AM

    It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so. Mark Twain

      Jun 18, 2016 18:42 AM

      Sorry, Mark Twain was wrong.

      People perish due to the lack of knowledge. !

    Jun 18, 2016 18:49 AM

    Al, They are not direct quotes. Please get your facts straight. Don’t trust everything you hear Jay Taylor say about politics. Please.

    Jun 18, 2016 18:08 PM

    Matt, Doc et al.
    My TSX: GNG exploded up %75 yesterday. At one point it was up %212. Why did that happen??? Is this a Mexican Kirkland Lake?

      B
      Jun 18, 2016 18:04 PM

      Interesting to hear what Doc has to say about GNG.

      Ya just never know, I figured I was doin ok selling at 3.5 when I bought at 1/2.
      After a bit I figured “what the heck I wanted more” so I bought again at 4.
      Next day it shoots up to 14.

      Guess I shoulda kept everything I bought at 1/2. lol
      Since I sold half what I bought at 4, whatdayabet it shoots up to .50?

      Its gotta be somebody sniffing around, 4 million shares sold and the #s in the ground are geting tuff to find anywhere other than the far north.

      There is also the possibility that “somebody” now has all the shares they were after.
      2 million shares at $1 from under a dime isnt too shabby.

      If I recall, Paul was saying he was after alot more than that.

      Jay Taylor at one time was touting GNG, then he stopped, I never found out why.
      I woulda aked him but he wouldnt answer about san gold? so I didnt bother.

        Jun 19, 2016 19:41 AM

        Ya this one is mysterious and got killed during the bear. This one is a long term play that will bear serious fruit if gold goes up and stays up. I’m betting this will become a Kirkland like reboot.

          B
          Jun 19, 2016 19:54 AM

          I am not trying to promote it, (there are alot of good gambles now)(if gold goes up.)
          Anyway, I dont see it taking a long time to move up, it went from 1/2 to 3.5-4 in ? 6 months? Not long for 6-700%
          Touched 4 in May, hit 4 in June and spikes to 14.

          Ya gotta ask why, did someone run an algo? or did someone pick up shares?

          If ya re read whats in the ground, was 14 cents a high price to pay?
          Another thing, gng has a habit of spiking, thats normal, I think this spike is showing it just went back to normal. (bull is back, Im a genius again)

          I intend to let my “free shares” ride.
          If the expression “hoover dam thru a gardn hose” as Casey says is any where near acurate, it really is hard to imagine where these are going.

          gng wont be the only one of course, but 4 cents was not a bad starting point. lol

    Dan
    Jun 18, 2016 18:22 PM

    Pretty choppy untradeable markets. But I’m just sick of the inflationist bubble phase con man yapping about victory, when his vaunted biotechs are still in the gutter.

    Still just waiting mostly in cash for the deflationary bust, dollar ramp to 140+ to wipe out stupid debtors living beyond their means, goldbugs and inflationist fools calling tops in the bond market.

    Jun 18, 2016 18:38 PM

    HH Mark Twain was wrong. You’re too funny, and sadly too full of yourself.

    And you have no reason to be.

    go get your $5 buffet at Vegas and play the slots with your $ chips.

    You are the biggest hypocrite on this site.

    You preach about not being cruel or critical, to talk nice and respectful.

    Then you make an idiotic statement about Mark Twain being wrong.

    totally uncalled for.

    I will take the words of a famous author over a troll like you every time.

    grow up.

    now take your lunch box and get your buffet

    Jun 18, 2016 18:02 PM

    JTL,

    Your poetry and Mark Twain is not eternal wisdom from above.

    Hosea 4-6 My people are destroyed for lack of knowledge
    because thou hast rejected knowledge.

    I only said Mark Twain was wrong. You bitterly get upset and
    now acting as if someone just killed your dog.

    You want to believe in your worldly wisdom and heros ignoring
    the real truth, then you too, will perish.

    You hostile bitter man. You still can’t maintain yourself !!!

      Jun 18, 2016 18:20 PM

      Don’t forget, you still owe Avi Gilburt an apology.

      Rarely, do I ever see the way you ruthlessly without
      any moral values or hesitation degrade someone
      because you believe its good principles to do so.

      Well your totally mistaken. Your behavior is without
      any merit or excuse whatsoever.

      Its deplorable vicious uncontrollable bitter hostilities !!!!

    Jun 18, 2016 18:11 PM

    If you want to preach God’s word fine. Then stick to his words, not your words.

    Your words aren’t worth the $5 buffet at Vegas you love so much.

    And stop mixing secular things with spiritual things.

    You are a double minded man, unstable in all his ways.

      Jun 18, 2016 18:29 PM

      JTL, you are so mixed up like a real tossed fruit
      salad.

      Its you that is unstable. I am sticking to what I said.

      “People perish for lack of knowledge”

      Stop with your temper tantrums. You can’t communicate.

      Please, you have mental disfunctions. Its not normal.

        Jun 19, 2016 19:05 AM

        Please Jake, let’s not get personal. Thank you

          Jun 19, 2016 19:31 AM

          JTL, can’t hold a debate or conversation without becoming
          hostile. If my comments are considered personal by you Al
          then why have you conveniently overlooked all the personal
          attacks by JTL against me and guest speakers.

          This JTL is very abusive and I will not tolerate his poor behavior
          and characteristics. Please don’t sweep this under the carpet
          and then point the finger only at me

          I have been called almost every name in the book , by JTL and
          a few others and deplorable false attacks on my character but
          still maintained my composure. Never once, lowering myself
          to their lowest of the low caliber type remarks that are considered
          despicable by any good standard.

          I know I’m not perfect, but if you are going to moderate the contributors
          posting here on this site a good suggestion would be to work from
          the very bottom up.

          Maybe I’m near the bottom but not even remotely close to some of
          these contributors posting here. Whatever you decide of coarse
          I fully respect and can deal with it.

          I’m only here to make discoveries and to hold debates and conversations
          without becoming hostile like some do in here. Please don’t blame
          me for their irregularities, impatience and incapacites of holding a
          debate or conversation and becoming hostile because they refuse to be
          defeated.

          They will be defeated and if they are not up to the challenge its not my
          responsibility. Anymore than if I’m defeated I will go around blaming
          others. This is a process of discovery of the facts. Otherwise, all the
          propaganda can only set up the innocent for heavy losses and
          unnecessary grief. The fat needs to be stripped away. The candy coating
          eliminated as much as possible.

          Thank you for your time and consideration in this matter. !!!

            Jun 19, 2016 19:20 PM

            Furthermore Al, I will not be abused in here by gross negligent
            and malicious wrong doing. These are cowards who would
            never do these kinds of acts of this type of very poor behavior
            and malicious remarks to someone face to face.

            I have contributed some very important information and
            geopolitics intel. Thats over now. !!!

            In fact, I maintain respect for all your guests. I could very
            well make some remarks like JTL but thats not in my
            character to do so. Maybe in a rare case but its handled
            on a more professional level. Not all this barn yard talk.

            This world now supports bad and considers it good. Good
            is bad. Thats fine. The next fatal step for this world is not
            a happy ending. Many will take that next step for eternity.

            We are so close. The signs are just jumping off the page.

            Go on and believe the lies of the world. My knowledge and
            special intel will not be shared with ingrats.

            I do not appreciate being singled out and being abused. There
            is definitely lots of misinformation and out right fraud in here.

            Just like when the HUI crashed fron 180 to 100 the bulls
            just kept on touting. I on the other hand warned what would
            happen and was ruthlessly abused.

            A world war is very close to breaking out. That too, people
            said it would never happen and I was beat up over it.

            No thanks, no more intel shared in here. Keep dreaming.

            You guys might be selling – I’m not buying any of it !!!

    Jun 18, 2016 18:11 PM

    HH / JLT….Why don’t you pair of twat’s sod off elsewhere to have your childish tantrums.

      Jun 18, 2016 18:32 PM

      Tony, you mean JTL

      This is a hostile bitter malicious man

      I am not the hostile party here.

      Get your facts in order !!!!

        Jun 18, 2016 18:37 PM

        Well in that case…Stop being so hostile.

          Jun 18, 2016 18:44 PM

          Tony, no in that case you have just wrongfully
          accused me of something I never did.

          My response to you is mind your own business
          if you can’t judge the difference between right or
          wrong.

          That makes you guilty now of false accusations.

          I do not appreciate being a victim of your poor
          judgment. Tony, you are out of place. Period !!

          No more of this Tony !!!!

    Jun 18, 2016 18:59 PM

    The bears (and probably some bulls in bear drag) managed to keep GGI within the fork that I highlighted a few days ago but a bullish breakout is very likely to happen next week.

    http://schrts.co/XdXzRM

      Ann
      Jun 18, 2016 18:29 PM

      Thanks, Matthew..might have finally awoke!!.. awakened!!.. You are much appreciated.

        Ann
        Jun 18, 2016 18:43 PM

        Some other interesting exploration plays surrounding GGI in the ” Heart of Gold”… ABN.. AIX..CXO..DEC..DV..HSR.. SGG.. DBV

          Ann
          Jun 18, 2016 18:51 PM

          Also .. ESK.. SKE.. TUO.. TUD….AMK.. RG..and of course PVG!!

            Ann
            Jun 18, 2016 18:58 PM

            Forgot MTS..a huge gainer.. OK.. LOL.. enough !!

            Jun 18, 2016 18:57 PM

            Thanks, Ann, I’ll have to take a look at those.

    Jun 18, 2016 18:24 PM
      B
      Jun 18, 2016 18:06 PM

      Dont think any religion has anything to do with Liberty.

      Jun 19, 2016 19:59 AM

      Completely agree, Wayne!

    Jun 18, 2016 18:56 PM

    This is worse than the stock house boards. I’m done with this.
    Al – you’ve lost a listener and a viewer of your boards.
    I’m out.

      Jun 19, 2016 19:58 AM

      As I said Rand, freedom of speech does com ed with a price!

    Jun 18, 2016 18:37 PM

    HH unless it is civil I will no longer have any des.ings with you

      Jun 18, 2016 18:49 PM

      JTL, I’m very civil and cordial.

      The following are my exact words :

      ○” Sorry, Mark Twain was wrong “○

      ○”People perish due to the lack of knowledge”. ○

      JTL, and you came unglued in hostility calling me
      deplorable names and making erroneous false
      accusations.

      One thing for sure JTL, you are living up to your
      name of James who really is “The Lesser”.

      I say this regretfully and without malice.

    Jun 18, 2016 18:23 PM

    This is an asset based investing / political site.
    A disagreement should be along those lines, not personal!

      Jun 18, 2016 18:28 PM

      If it is, why are you posting garage like this.

      On June 18, 2016 at 8:07 pm,
      Chartster says:
      Will y’all STFU already..? Jeez..

      Jun 19, 2016 19:27 AM

      Charster, If brexit happens then gold will jump up 10% some says would you agree?
      what is your charts telling and anticipation. I covered a half of it. I am still confusing
      about 9 yrs cycle low coming between fall 2016 and early 2017 but these outside incidents make go other direction. how do you see about?
      what is going on ?

        Jun 19, 2016 19:21 AM

        hope so billy c.

          Jun 19, 2016 19:34 AM

          You know what “hope” did. !!! -0-

          With an oil to gold ratio at all time
          highs, golds going to need devine
          intervention.

          The divergence should have the
          gold community paralyzed but
          instead the live on these worthless
          hopes, dreams and fate.
          = -0- in the kity. !! Big fat nothin !!

        Jun 19, 2016 19:41 AM

        Billy,
        I doubt Brexit has any affect on the markets. The charts indicate that metals and miners are heading south very soon, regardless of what happens in the political landscape.

        I do think that the EU and Euro are going to be dismantled in the near or not so distant future. And that will be good for the people of Europe. They seem to be awakening to the tyranicle powers that have stripped them of thier sovereignty.
        The same awakening is finally happening in America. The brainwashed finally figured out, they have no state rights and government over reach has gotten disgusting.

          Jun 19, 2016 19:45 AM

          Could be heading south, but I hope not!

          Jun 19, 2016 19:01 AM

          Chartster, I agree with your assessment on the metals and miners.

      Jun 19, 2016 19:54 AM

      Of course it should not be personal!!

        Jun 19, 2016 19:04 AM

        Understood…Al…
        A nice big washout would be a great buying opportunity… In fact, the general market, TLT and PM related stocks, all look like they are going to take a hit. Looks like a liquidity trap to me.. The western world markets are shaky, for sure. Time to think globally. EMs and commodities look pretty good…

    Jun 18, 2016 18:31 PM

    Uncertainty in the world markets means good news for American markets.

    Jun 18, 2016 18:20 PM

    The site for off topic rants,pissed off postings etc.

    http://www.wtf.com/

    Jun 18, 2016 18:25 PM

    Good friend of KER, Chris Martenson is now warning of war
    with Russia for the first time that I am aware.

    http://www.zerohedge.com/news/2016-06-18/tensions-between-usnato-russia-are-flaring-dangerously

    Chris is a really bright guy. So those that keep saying war is
    a myth between the two super powers just has no recollection
    of where this world is headed. We are in very dangerous perilous
    times. Don’t give me the bedtime story business optimism that
    many are touting with inflation hedges. A war of this magnitude
    will destroy everything that moves and walks.

    If you disagree — don’t. Or K.O. in return !!!!

    Jun 19, 2016 19:13 AM

    Money makes the war go round.

    Jun 19, 2016 19:02 AM

    This video is old,but funny.
    I may or may not agree with the angry man.
    Maybe this explains the anger of some people that post here.

    https://www.youtube.com/watch?v=yqkn1tviGMM

      Jun 19, 2016 19:42 AM

      Lol,
      I enjoyed that video Pete.
      Cheers.

    Jun 19, 2016 19:53 AM

    Thanks,Skeeta.

      Ann
      Jun 19, 2016 19:16 AM

      too funny-Pete!!

    CFS
    Jun 19, 2016 19:48 AM

    This is from RT.com.
    Remember that all good propaganda takes an element of truth and bends it slightly.
    https://m.youtube.com/watch?v=4mIBoopBB_U&ebc=ANyPxKooYO4jIt8qDhU134DsHRKXjggmc-6eQ7xJMPWZ_IVBTN21u9qE2IKH2E1RXCdZBSMzBaWOQfMHbzyKlLyWW7aRgtJE7w

    Reminding folks that the Cold War has escalated under the current president, with NATO policies, it is well worth listening to the RT report and examine the elements of truth contained therein.
    There is great cause for concern about the US economy.

      Jun 19, 2016 19:45 AM

      CFS, Canada is accepting tens of thousands of refugees from Syria and other troubled parts of the world and the refugees biggest complaint about our country is they can’t find work. They want jobs not handouts and many of these families have five, six, seven, eight children or more and where most of them come from the man is the only breadwinner. Forget about remembering the nineteen eighties, I wish there were still cognizant people around from the nineteen thirties who could talk about the past.

        Jun 19, 2016 19:41 AM

        Many thanks for the commeny, Mr Tracy

      Jun 19, 2016 19:42 AM

      Three very good points, CfS

    Ann
    Jun 19, 2016 19:00 AM

    Chartster..just now figured out the 4 CAPS..( blonde).. Cheers!!

      CFS
      Jun 19, 2016 19:39 PM

      I have in this forum stated several times that while I use TA for timing, I believe that to some extent it does not include volume data with sufficient.
      (Part of the problem here is that one has nclude data from different exchanges.)

      I was just running volume analysis and one stock in particular stood out.
      Of course, it could be a fluctuation caused by some hedge fund large purchase, but it could also be the start of a takeout.

      Anyone know why volume was abnormal on Vista gold, VGZ?

    Jun 19, 2016 19:20 AM

    DOC,
    before you back up the truck on PPP shouldn’t we be seriously considering their NAFTA Chapter 11 challenge?!! Wouldn’t a decision against the company half the share price instantly? In addition, what is the average length of NAFTA legal challenges such as this? This strategy is risky. Will it pay off? We will soon see. Remember Canada has been bleeding auto sector jobs to Mexico and might sacrifice such a company to secure solid long term unionized jobs for Southern Ontario. Tricky business this is!!!
    Here are 2 links on the subject:
    http://business.financialpost.com/news/mining/primero-mining-launches-nafta-challenge-against-mexico-puts-tax-concerns-at-centre

    http://www.cbc.ca/news/politics/nafta-challenge-mining-three-amigos-summit-1.3617377

      Jun 19, 2016 19:00 AM

      Confused, you’re correct of course about their challenge—another positive recently was their purchase of thousands of more hectares connecting their resources. On PPP I just go with the odds over time and the technicals. In fact, I added just a “tad” more to my position this past week.

        Jun 20, 2016 20:43 AM

        Doc,
        you are a player! There is a tonne of risk, but boatloads of upside if you are right. Your reasoning is sound, but I might just wait until the dust settles over Bretex before dipping my toes into that one. Although they could leave, I’m betting that the U.K will vote to stay in the EU. The media always tend to over play the long shots in order to stir fear and sell papers/media. This is why I believe sub $1200 is in the cards for July.

          Jun 20, 2016 20:44 AM

          Got DUST anyone?

    CFS
    Jun 19, 2016 19:56 AM

    It just occurred to me that those terrorist attacks in the US, which were performed by registered American voters, (yes they were all Muslims) were performed by registered Democrats. (Interestingly, no Republicans!)
    So perhaps, not wishing to religiously descriminate, we should focus on their political beliefs, and ban all Democrats from holding gun permits and owning guns!
    Just saying….

    CFS
    Jun 19, 2016 19:09 AM

    Studying the lay-out and info from the Orlando massacre, I have come to the conclusion the Islamic terrorist was not very intelligent. Given the density of occupants, given lack of exits, etc. a liter or so of gasoline in the form of a Molotov cocktail, thrown through the main entrance after using a single pistol-shot (or perhaps 2 shots) to take out the door guard could have resulted in more deaths.
    So what’s the use of banning assault rifles anyway?

      Jun 19, 2016 19:16 AM

      Geius point, CFS!

    CFS
    Jun 19, 2016 19:42 PM

    Sorry for my IPad gremlin. I typed weight as the last word of my first sentence, but my little finger was too close to the IPad , and this killed the word!

    Jun 19, 2016 19:56 PM

    I SUPPORT ” HILLARY RODHAM CLINTION ”

    ★★ NEXT PRESIDENT ★★

    I’m find it repulsive to listen to wannabe’s
    and dreamers in the gold space. The Western
    Imperialist’s Elite already have plans in place
    to squash every gold bug in sight.

    This is the last stand for America. A anarchy
    is assured and certain now.

    Gold Heaven Fema Camps !!!

    Welcome to the NWO !!! and like it !!!

      Jun 20, 2016 20:32 AM

      America is going to get the president they deserve.

      The candidates are all corrupt, crooked and mostly scum.

      Just like the people who keep the corrupt paradigm going
      and no concern about all the atrocities and abominations
      taking place. That’s just it, people do not know what they
      are or even care for that matter. Next breath your going to
      say, what are they ? You will still criticize whether it maybe
      considered right or wrong. Using your own flawed standards.

      Here’s the bottomline : Those that believe America and the world
      can find a bright future in this, are greatly mistaken. If, we even
      have an election, because Obama could possibly stay in office
      with a crisis that goes full swing. Whoever is in office in a year
      from now if America survives by then will destroy this nation
      regardless. There is no leadership. NONE !!!

      There won’t be any good leadership ever again. With moral values
      falling off a cliff right now, its over. We are all very close to a life
      changing event. What that means is chaos and destruction beyond
      anything you could possibly imagine wordwide. We have already
      entered the judgment. The aircraft has lost a wing and the passengers
      on board are heading for a crash landing. Few survivors.

      YOU CAN TAKE THIS TO THE BANK !! Its assured and certain.

    Jun 19, 2016 19:30 PM

    Gold is crashing, I guess we all see it.

    Jo Cox will go down in history

    Jun 19, 2016 19:22 PM

    Stocks are soaring in Asai.

    looks like people are betting on no brexit

      Jun 19, 2016 19:03 PM

      No opinion here !

      Although, the elite puppet masters do pull
      all the strings. Whatever they want, they will
      get !!! The future is well planned and we are
      the minions all abroad the Titanic. IMHO.

    Jun 19, 2016 19:33 PM

    listen to this webcast from andy Hoffman “we will run out of silver just like 2008 sometime in the next 12 months, I guarantee it!!!”

    Jun 19, 2016 19:06 PM

    Did Jo Cox actually die?

    Just saying.

    Is there really hard evidence or a lot of smoke and mirrors?

      Jun 19, 2016 19:17 PM

      There’s only silver pipe dreams !!!

      & Bedtime Stories !!

    Jun 19, 2016 19:08 PM

    It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.
    Mark Twain

      Jun 19, 2016 19:36 PM

      I’m going to be president, whether you like it or not.

      Hillary

      I like her because she is persistent. If nothing else.

        Jun 19, 2016 19:43 PM

        She kinda reminds me of — me !!

          Jun 19, 2016 19:32 PM

          We have a — $500 on the gold price to get a
          oil to gold ratio buy signal.

          The quicker we get there the better folks.

          Jun 20, 2016 20:45 AM

          You must be having one of those Val Kilmer moments……Doc Holliday to Johnnie Ringo….lol

            Jun 20, 2016 20:54 AM

            Your greatly mistaken.

            Did you know you just messaged — Josie Wales !!!

            Jun 20, 2016 20:20 AM

            Jerry

            Did you get your game on with — Hillary For President Bumper Stickers ??

            Also, there is a lot of work to do in this gold trade.

            When are you going to regurgitate and capitulate
            up all that metal so we can get this bear market
            over with ?? Your procrastinating !

            Jun 20, 2016 20:51 AM

            Jerry, you don’t have to answer it.

            I understand, its a attachment.

            Catch you on the rebound buddy. !!

            Unless of coarse the car incident
            replays all over again. Just avoid
            the big shopping malls. OK. !!!

            Jun 20, 2016 20:27 AM

            TJ….The bull is alive ,and well…..no capitulation needed.

            Jun 20, 2016 20:31 AM

            Remember, no one knows anything……per. Bob M….lol……..HOPE you are a great day.

            Jun 20, 2016 20:33 AM

            This stupid phone,and screen size…..sorry

            Jun 20, 2016 20:49 AM

            Captain Jerry,

            Then you are going down with the ship. !!!

            Remember, lost at sea is a bad choice !

            Ahoy Captain Jerry. !!! Never takes no, for an answer.

            Smooth sailing buddy. !!!! Give me your GPS position
            so can recover the treasure after the ship wreck.

            Jun 20, 2016 20:51 AM

            Same to you Jerry !!!

            I mean Captain Jerry.

            Jun 20, 2016 20:59 AM

            Good to see you Jerry. !!!

            Your as witty as ever. You delivered
            a good one this morning.

            I busted out laughing. Thanks. !!!

            Nice start on the day. !!

            Jun 20, 2016 20:12 AM

            Also, we are in the end game.

            You can’t do much about it
            no matter what we do.

            IMHO of coarse. Sometimes
            not always but I try !!

            Jun 20, 2016 20:44 AM

            Ditto…catch you later…..have a great day…

            Jun 20, 2016 20:51 AM

            Ship ahoy – Captain Jerry.

            GPS position please. !!!

            Jun 20, 2016 20:25 PM

            Gold had a nice finish…

            Jun 20, 2016 20:38 PM

            Jerry’s — Alibi Bann Hoax

            You can’t be serious man ?

            Do you really believe that I’m that naive.

            It was D.O.A. before the story even broke.

            You can do better Jerry. If this place is that
            important to you, you need to find a real life.

            Wishing you the best. I never bought the story.

            Just thought you should know. Funny though.

            Your way over your head in here. Take care !!

            Jun 20, 2016 20:16 PM

            btw — I couldn’t escape out of here quick enough.
            There is nothing here besides the broad path to
            you know where. When the day comes and it will
            in the near future, everyone will be still be living
            for this world/the things and dreaming and giving
            in marriage hours before mystery Babylon America
            is destroyed taking the world down with it.

            No preparation and no spiritual discernment. You
            know the rest of the story. Off to eternal darkness.

            No words can describe the tragedy. Just as it was
            written they refused the truth. Almost everyone.

            The tipping point is here too.

            Jun 20, 2016 20:54 PM

            Never mind Jerry. Its just gotten a whole
            lot worse in here. I never knew Al, was so
            separated from the truth. Mum’s the word
            in here. From A to Z. Yes, right into the gold
            trade. You need to figure it out. Can’t post it.

    Jun 19, 2016 19:28 PM

    Gryphon being bought out by Teranga.

      Jun 20, 2016 20:45 AM

      I’m not real happy with it either.

        Jun 20, 2016 20:50 AM

        I just saw this post Skeeta. I figured you would be happy about the merger. I like Teranga, and have a small position in Gryphon, and have a profit, so I’m interested in seeing how things will develop with the combined company.

          Jun 20, 2016 20:22 AM

          I’m interpreting that you were hoping that Gryphon would develop their project a little further before getting taken out, but it is a predatory universe out there….

          The quality assets are getting gobbled up lately, and with metals popping it is urging the miners with the means to do so to make offers on the quality projects.

    Jun 19, 2016 19:03 PM

    Risk on

    CFS
    Jun 20, 2016 20:45 AM

    The timing of the latest MANIPULATION AND TAKE-DOWN is very interesting!
    WOW, it smacks of desperation.

    Jun 20, 2016 20:14 AM

    There will be no brexit.

    Party on!

    Stocks soaring, all is right again!

    Oh, I forgot, the fed still can’t raise rates and there are NIRP as far as the eye can see

    Keep your eye on the ball folks.

    While the brexit nonsense that never was keeps everyone entertained look in the other hand

    Jun 20, 2016 20:29 AM

    I’ve been posting quite a bit recently on the gold mining boom going on in W. Africa with B2Gold, Endeavour Mining (who acquired True Gold last year), Perseus Mining (who just acquired Amara), Asanko, Roxgold, Avnel Gold, and now here is another success story.

    Teranga is acquiring the exploration company Gryphon Miners that Skeeta and Matthew and I have discussed in the past. Another nice little score to start the day…

    ______________________________________________________________________________

    Teranga Gold Announces Agreement to Acquire Gryphon Minerals in All Share Transaction
    Jun 19, 2016

    The acquisition (the ” Acquisition “) will be effected by way of a scheme of arrangement under the Australian Corporations Act 2001pursuant to which Teranga will acquire the entire issued share capital of Gryphon. Under the Arrangement, each share of Gryphon will be exchanged for 0.169of: (i) a CHESS Depositary Interest of Teranga , which trades on the Australian Securities Exchange or, if elected, a common share of Teranga…”

    http://www.terangagold.com/English/investors/news/newsreleasedetails/2016/Teranga-Gold-Announces-Agreement-to-Acquire-Gryphon-Minerals-in-All-Share-Transaction/default.aspx