Al's Insights – Wed 27 Jul, 2016

Here is an interesting political view. Thank you, “Markettofuture”!

To view this episode, click here.

  1. On July 27, 2016 at 12:32 pm,
    DFS says:

    She is mistaken. They are not taking people off the rolls.
    I heard they were making sure that they knew when people died in the Chicago area, so they could send in operatives to vote the right way.
    Plus they were sending in neighborhood organizers to make sure all the illegal immigrants were registered Democrat, even if they could not read or write.

    • On July 27, 2016 at 1:09 pm,
      Markedtofuture says:

      DFS, you forgot to mention all the voters that have fallen off due to redistricting and requiring certain Id’s. The DNC definately rigged things in favor of whom they wanted to win it. Bernie rolled over on his followers. He would have been better backing off before the conenvention.

      The good thing that came out of it, is everyone can see how rigged the process is. It also shows what the elite are able to get away with without worrying about any thing happening to them. They want to know who the hackers were, but could care less about the content of the emails.

      She explains herself in more detail in the next video.

      • On July 27, 2016 at 3:05 pm,
        DFS says:

        I personally initially disliked Portia, in that her thinking was one of selfish greed. “What would she do for me?” Hillary lied, so Portia would not trust Hillary’s promises, was the impression I got.
        The fact that Portia was a delegate for Bernie Sanders, a self-avowed Marxist, although that is now called progressive socialism, further compounds my belief that, the anti-fracking, pro-Bernie, Portia is, in fact, not cognizant of the real world economy and what makes it tick.

        • On July 27, 2016 at 3:23 pm,
          Markedtofuture says:

          It was more slanted towards corrpution than anything thing else. Some folks condone it, others don’t.

    • On July 27, 2016 at 3:36 pm,
      Al korelin says:

      Sad situation, DFS

  2. On July 27, 2016 at 12:44 pm,
    B says:

    She is right about needing to “clean house”.

    • On July 27, 2016 at 1:37 pm,
      Ebolan says:

      More like burn down the house.

    • On July 27, 2016 at 3:37 pm,
      Al korelin says:

      Well sure she and a lot of others are.

  3. On July 27, 2016 at 1:51 pm,
    Jorge Soroso says:

    That woman and I would probably choke each other in a political debate, but I do agree with her attitude toward the condition of things.
    On a side note…
    If the election was held today between Crooked Hillary and Vlad Putin, I would have to nyet to Hillary

  4. On July 27, 2016 at 2:52 pm,
    DFS says:

    It is interesting that most of the price change in precious metals was entirely driven by US buying. Gold, for example, is about $10 cheaper on the SGE. I wonder what will happen when the SGE opens!
    Nice $50 rise in Pt today in London!

  5. On July 27, 2016 at 3:41 pm,
    DFS says:

    The highest volume mining shares in Toronto today were:

    Name symbol Chg % Chg Open Volume
    Kinross Gold Corporation K 6.61 0.21 3.28% 6.54 9,356,459
    B2Gold Corp. BTO 3.94 0.27 7.36% 3.75 6,738,665
    Yamana Gold Inc. YRI 7.77 0.58 8.07% 7.35 6,012,603
    First Quantum Minerals Ltd. FM 10.40 -0.08 -0.76% 10.49 5,592,254
    Rubicon Minerals Corporation RMX 0.08 0.015 23.08% 0.07 5,243,367
    Teck Resources Limited Class B Subordinate Voting Shares TCK.B 18.94 0.37 1.99% 18.75 5,206,407
    Barrick Gold Corporation ABX 28.22 1.25 4.63% 27.41 5,078,731

    Most did not surprise me, but B2Gold seems out of place, perhaps?

    Rick in his four mining stocks covered today talked about Timmins Gold.
    I would point out the volume in that company is a lot higher now than back when it was $2-$3 a couple of years ago. I do not know the reason.

    • On July 27, 2016 at 4:41 pm,
      Excelsior says:

      Kinross Reports 2016 Second-Quarter Results
      Adjusted Operating Cash Flow Increases by 16% and Attributable Margins by 14%; Maintained Strong Balance Sheet With Robust Cash Position of $968 Million
      TORONTO, ON–(Marketwired – July 27, 2016)

      • On July 27, 2016 at 4:42 pm,
        Excelsior says:

        First Quantum Minerals Declares an Interim Dividend of CDN $0.005 per Share
        TORONTO, ONTARIO–(Marketwired – July 27, 2016)

        • On July 27, 2016 at 4:43 pm,
          Excelsior says:

          Barrick Reports Second Quarter 2016 Results
          TORONTO, ONTARIO–(Marketwired – July 27, 2016)

        • On July 27, 2016 at 4:52 pm,
          DFS says:

          Thanks, Ex. That explains some of the volume!

          Still does not explain B2Gold……..perhaps a takeover? I have no idea, just seems a little odd!

          • On July 27, 2016 at 5:36 pm,
            Excelsior says:

            It may be just it’s high correlation with Gold. Check out these thoughts from an article from yesterday:

            Analyzing Friday’s Performance of Precious Metals

            Precious metal mining shares that have high correlations with gold include Alamos Gold (AGI), First Majestic Silver (AG), B2Gold (BTG), and Royal Gold (RGLD). On a YTD (year-to-date) basis, these four stocks have risen 165.4%, 376.8%, 175.5%, and 117.5%, respectively. These substantial returns are most likely due to the same safe-haven bids that boosted gold and other precious metals.

            Most mining companies have seen losses over the past few days. This is due to the reduced positive sentiment for gold as tremors over the Brexit vote subside. Also, geopolitical events such as the terrorist attack in France and the military coup attempt in Turkey failed to raise safe-haven bids for gold substantially.

            Correlation trends
            As you can see in the above table, B2Gold is the most correlated with gold among the four stocks on a YTD basis. Royal Gold is the least correlated to gold.

            B2Gold and Alamos Gold have seen their correlations to gold rise. For B2Gold, the correlation rose from a 50.6% three-year correlation to a 56.3% one-year correlation. A correlation of 56.3% suggests that about 56% of the time, B2Gold changed in the same direction as gold over the past year. A fall in gold leads to a drop in the price of mining shares, and a rise in gold leads to a rise of mining shares.


          • On July 27, 2016 at 5:42 pm,
            Excelsior says:

            Stocks That Warrant a Look
            Then there was also this article out yesterday on Zacks:


            Flowserve (FLS) Q2 Earnings: What’s in Store for the Stock?
            by Zacks Equity Research Published on July 26, 2016

            Here are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this quarter:

            B2Gold Corp. (BTG – Snapshot Report) has an Earnings ESP of +100.00% and sports a Zacks Rank #1. It is scheduled to report results on Aug 4.


          • On July 27, 2016 at 6:31 pm,
            DFS says:

            I think it was more probably the Zack’s article.
            I checked Zacks looking for something, but missed it!

            In that case, I also feel there was some hedge fund buying of BTG that distorted the volume a bit.

  6. On July 27, 2016 at 4:04 pm,
    DFS says: