Weekend Show – Sat 17 Sep, 2016

Volatility in the Markets

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Featuring:
Al KorelinCory FleckJeff ChristianChris MartensonDana LyonsQuinton Hennigh
Axel MerkGeorge Gero
View related posts on: ,

Comments:
  1. On September 17, 2016 at 12:35 am,
    Skeeta says:

    Thanks as always for your efforts on the weekend show guys.
    Much appreciated as per usual.
    Cheers.

    • On September 17, 2016 at 1:09 am,
      Skeeta says:

      Thanks also to those who have dropped share tips/advice on companies that were cheap at the time (you all know who you are).
      Excavation of the backyard starts next Wednesday for the new pool/pool cabana/bbq area/decking etc.
      My younger kids are jumping up & down in excitement,
      Again, many thanks to some of you on here who helped me financially rip the roof off of this early year rally in the PM’s.
      My entire family has benefited, glad I wasn’t on the other side of the coin & missed out !!
      Cheers & enjoy your weekend.
      Skeeta.

      • On September 17, 2016 at 5:32 am,
        Excelsior says:

        Skeeta, thanks for sharing all the ideas on the Aussie miners and providing many great investment ideas consistently. I hope your family enjoys the pool! Well deserved sir.

        • On September 17, 2016 at 7:31 am,
          Excelsior says:

          Big Al & Cory – another jolly good show. Jeff Christian, George Gero, and Dana Lyons had a few good points. It was good to dive deeper with Novo Resources and GoviEx.

          May everyone have a prosperous next week in their investments and a good W.E.

          • On September 17, 2016 at 10:52 am,
            Al Korelin says:

            And, may you also Excelsior.

      • On September 17, 2016 at 10:51 am,
        Al Korelin says:

        Some of those “tips” have certainly turned out well.

    • On September 17, 2016 at 10:49 am,
      Al Korelin says:

      Certainly welcome, Sheena.

  2. On September 17, 2016 at 1:49 am,
    Archdeacon (!) Andrew says:

    An echo as always Skeeta: Cory and Al really really do provide a labour of love. Glad too that your home improvements proceed apace while I’m glad that I sold Goldcorp and Chaarat Gold when I did (Chaarat is an absolute ‘dog’) to recoup all of my losses by buying SilverCrest metals, Auryn,.First Majestic, First Mining, etc. …something about fortune favouring the brave! Four and a half years of losses put right in around seven months. I’m also quietly satisfied that my father in law who complains that I’m too much of a risk taker, while he – ever cautious hordes his cash in the bank while he is left with dwindling savings!

    • On September 17, 2016 at 2:01 am,
      Skeeta says:

      Apparently you can’t teach an old dog new tricks Rev?
      Your probably butting your head against a brick wall with your Father in law?
      It is what it is.
      Cheers.

  3. On September 17, 2016 at 5:04 am,
    Birdman says:

    I just turned into a gold bull. Anyone who wants to kick my ass and say “I told you so” can kindly leave a comment on the Friday thread found here…..
    http://www.kereport.com/2016/09/16/weekly-recap-equities-gold-oil-usd/#comments

    • On September 17, 2016 at 5:32 am,
      Archdeacon (!) Andrew says:

      BM Hold onto that thought!!

      • On September 17, 2016 at 7:46 am,
        Birdman says:

        Will do Andrew.

        I had an epiphany today and all the pieces just fell into place. I can now relate all of it back to the long term Euro chart and the currency collapse that is inevitable there next year. Read my comments on the conclusion if you are curious how the mechanics suddenly make sense to me.

        Interestingly though, none of the popular reasons for why gold *should* go up had any bearing on my conclusions because I have never been able to complete the linkages between those ideas and a break out in precious metals…. gold is particular.

        What is important now is to follow the price down as the top megaphone completes its natural decline back to its base. There will indeed be a second excellent buying opportunity later in the year or early in 2017 for miners.

        Gold will indeed be rising with the dollar although I now think it may lag as that same rising dollar will precipitate selling of gold and miners among a segment of the investor community who are trained by long experience to dump metals when the buck goes up.

        That will be a mistake in my view. Gold will surprise by catching up and moving upward in tandem with Yen, Treasuries and USD as the financial system comes under stress due to corporate, public and sovereign defaults in Europe.

        The epicenter may well be Deutsche and a host of shaky Italian banks as many have surmised before me. The key here though is that billions of dollars of obligations borrowed in USD will become increasingly difficult to repay as the Euro craters and that will be the trigger that sets of a financial contagion in Europe.

        That’s pretty much it in a nutshell.

        • On September 17, 2016 at 9:17 am,
          Wayne says:

          That takes care of your wealth, but what about your soul? Won’t you examine that?

          “How much better to get wisdom than gold, to get insight rather than silver!” Proverbs 16:16.

          but then

          “The wealth of the rich is their fortified city; they imagine it a wall too high to scale.” Proverbs 18:11.

          • On September 17, 2016 at 11:15 am,
            Al Korelin says:

            Wayne, my personal opinion is that Bird’s sole is going to be just fine☺

          • On September 17, 2016 at 11:28 am,
            Excelsior says:

            His sole may be, (as he sure walks back many comments) but there are concerns about his soul. I am sure their is an African witchdoctor hard at work doing their best though.

          • On September 17, 2016 at 11:37 am,
            Birdman says:

            There is….she is called my Mother in Law!!!!!

          • On September 17, 2016 at 11:54 am,
            Excelsior says:

            Ha! Well, it will probably involve a little over-time but everything will probably work out fine.

        • On September 17, 2016 at 10:17 am,
          doug says:

          Bird it is interesting that Edelson said about the same thing, in his latest news letter. The biggest threat to our wealth now is the European Union and its currency the euro. It will then move to Japan then to the US.

          • On September 17, 2016 at 11:09 am,
            Birdman says:

            Holy Macaroni. Did he really say that? Can you link it or copy paste the comments? I am not one of his subscribers so I am not privy to his writings but I would be very interested in another viewpoint that is similar. This all sounds so 2012 by the way. Our worry back then was that the EU and Euro would collapse but that never happened and the whole idea went on the back burner. Even now if you Google in “Euro Collapse” there is almost nothing current being written on the topic. I strongly believe we are heading into a shit-storm next month though and that the single currency is going to be at the very heart of the misery that is coming. Most people are going to be utterly blindsided by this event because of its dramatic impact on the rest of the currency markets.

          • On September 17, 2016 at 11:17 am,
            Al Korelin says:

            Kind of goes along with what Merkel said yesterday, Doug😊

          • On September 17, 2016 at 12:37 pm,
            b says:

            Sorry I couldnt link this,(kind of a long post) doesnt show his charts, best I could do for you Bird.

            Sneak Peek at an Important Forecast Tool I Use …
            Larry Edelson | Wednesday, September 7, 2016 at 7:30 am

            Today I’m going to let you in on an important tool I use for my active trading services, where members get all my buy and sell signals, with the most accurate timing possible, via an artificial intelligence model that analyzes years of data, makes billions of calculations and then produces a final forecast.

            Naturally, as with everything I do, it’s based on cycles, for cycles govern literally everything in the universe, from the physical world to the rhythms and repetitive nature of human behavior and history.

            Mind you, I will only do this once. What you are about to see is reserved for members of my services, including Real Wealth Report and Supercycle Trader.

            And I’m doing it for solely one reason: To show you how critical a crossroads the global economy and key markets are at and what lies ahead over the next few months, so you can protect yourself.

            We’ll start with none other than gold. As you already know, I’ve been warning investors not to buy the recent rally, that it would fail, and I’ve been right. Scores of investors have already gotten hurt, and more blood will spill soon. Take a look at the forecast model:

            Click image for larger view

            The green line is the forecast, the black line is the daily closing price of the nearby active futures contract.

            As you can clearly see, gold should head into an early October low before bottoming and beginning a new rally.

            There will be bounces along the way lower, of course, but once gold cracks $1,300 — I wouldn’t be surprised to see the low $1,200s, even the mid-$1,100s.

            Silver’s forecast chart is similar (not shown). If silver cracks the $16.27 level, I wouldn’t at all be surprised to see the $13 level.

            You can’t say I didn’t warn you. Over the past several weeks I recommended you hedge any heavy gold and silver holdings you may own with inverse ETFs, such as ProShares UltraShort Gold, symbol GLL, which is already popping nicely higher …

            And for silver, ProShares UltraShort Silver, symbol ZSL, a double leveraged ETF, seeking to deliver twice (2x or 200%) the inverse (or opposite) return of the daily performance of silver bullion in U.S. dollars.

            How I Protect My Privacy
            From Big Brother’s Prying Eyes

            You are being watched. The government, data thieves, and large corporations want to know and track as much about you as possible. The eavesdropping is escalating and the hunt for your financial assets is getting worse. Discover how I protect myself and my family’s online privacy in my FREE Special Report. —Larry

            Click here now to download your FREE copy.

            Internal Sponsorship
            How about crude oil?

            Crude is following the model closely as well, and should decline a bit more into mid-September, then rally into the end of October, but then slide to new lows come February of next year.

            Click image for larger view

            “New lows” means below $26 a barrel. Put another way, the bear market in oil is not quite over yet!

            Combined with the fact that the oil-and-energy sector is more indebted than ever, I wouldn’t get too bullish on energy stocks right now.

            How about the all-so-important U.S. dollar? The currency that almost every analyst and promoter claims is going to crash and burn later this month? Well, take a look at the AI chart for the U.S. Dollar Index.

            Do you see any crash looming on this chart? No. The forecast calls for a stronger dollar all the way into February of next year, then a mild correction, and a still stronger dollar thereafter (not shown).

            Click image for larger view

            What about the claims you’re reading out there that the dollar will collapse at the end of this month because the Chinese yuan will formally be admitted to the IMF as part of the Special Drawing Rights, or SDRs?

            Nonsense. The yuan was approved for inclusion in the SDR a year ago. The market has already discounted it. Moreover, there is no way it can displace the U.S. dollar. The yuan accounts for roughly 4% of all currency transactions on a daily basis and is still not a fully open capital account or currency. I repeat, there is no way the yuan is going to crash the dollar.

            In fact, the opposite will happen. More and more middle- and high-income Chinese will want to diversify their yuan into the U.S. dollar and dollar-based assets, boosting the dollar even higher.

            How about platinum? Much like gold and silver — palladium as well (not shown) — the white metal should head lower into early October, then largely move sideways before starting a new rally in December.

            Click image for larger view

            By the way, long-term, as strategic metals in the security and military industries, platinum and palladium have enormous potential due to the rising war cycles.

            What about junior mining shares that everyone got so excited about this year? And where I’ve warned to not jump on board and instead, wait for a major pullback?

            Well, all those investors who chased the miners higher are now getting killed, and will shed even more blood in the weeks ahead. You can see it right here on this chart of the junior mining sector (senior miners, not shown, have a similar forecast chart).

            Click image for larger view

            The average senior miner has already lost 18.6% since its recent high while the average junior has shed 19%.

            But more losses are coming, as the forecast chart shows miners sliding, like gold and silver, into early October.

            Last, but certainly not least, is the Dow Industrials. Take a look. The Dow is in for one heck of a wild ride: A potential sharp decline into early October — with just about everything else — and then the start of an explosive new rally which will take it to new highs in early 2017, then even higher.

            Click image for larger view

            You can choose to ride that mini-crash out if you like. But if it were me and I were heavily loaded with stocks, I would consider — as recommended already — hedging via ProShares Short Dow30 ETF (DOG) and/or Direxion Daily S&P 500 Bear 1X Shares (SPDN), both unleveraged.

            I show you these charts for one and only one reason: As I noted over the last few weeks, everything I study, all major markets and all my major indicators, tell me we’re approaching a major inflection point in the markets.

            The dollar exploding higher. The euro starting to go over the cliff. Stock markets wobbling. Bond markets shaking. Precious metals weak.

            Can you imagine what it would be like if you had the power of my AI models and charts like these for your conservative and speculative portfolios, not to mention my fine-tuned buy and sell signals?

            Stay tuned and stay safe!

            Best wishes,

            Larry

            P.S. A tidal wave is headed our way … It will wipe out the lifesavings of millions of investors. But most people can’t even see it coming. It’s called “The K Wave” or “The Long Wave.” Whether you are totally wiped out by it — or whether you ride the “crest” of this wave to a level of wealth you never dreamed possible — depends entirely on what you decide to do today. Click here to see how you could multiply your money by 300% … 400% … even 500% if you “surf” the K Wave safely into shore.

          • On September 17, 2016 at 12:39 pm,
            b says:

            Really long, longer than I thought it would be, sorry people.

          • On September 17, 2016 at 1:00 pm,
            Birdman says:

            Thanks b…..no problem. That was pretty interesting actually. I did read all of it to the end. Larry does see the same things I do in a few respects. His key sentences at the end of the article kind of summed it all up….

            “I show you these charts for one and only one reason: As I noted over the last few weeks, everything I study, all major markets and all my major indicators, tell me we’re approaching a major inflection point in the markets. The dollar exploding higher. The euro starting to go over the cliff. Stock markets wobbling. Bond markets shaking. Precious metals weak”.
            ———————————————-
            I have not recently read anyone else saying the Euro was about to go over the cliff let alone anyone other than myself warning it was imminent. That’s kind of cool. And its a confirmation of my own ideas. We are indeed at an inflection point and I see the Euro as the fuse that sets it all off. The European Union on the other hand is another story altogether. I cannot predict when that will fail but it will surely follow on the heels of a currency bust as it seems unlikely the EZ can continue with both Shengen and the Euro in tatters.

        • On September 17, 2016 at 11:12 am,
          Al Korelin says:

          Bird, your last full paragraph makes all the sense in the world.

          • On September 17, 2016 at 11:19 am,
            Birdman says:

            Thanks Al.

        • On September 17, 2016 at 11:25 am,
          Robert Moriarty says:

          Good grief. Does that mean BM recognizes finally that he has been wrong all along and others had it dead right. The next thing you know he will accept Israel has nuclear weapons and Iran has not the slightest reason to have a nuclear weapons program. And maybe there was something behind Bldg 7 collapsing other than poor construction.

          Powell Email: Israel Has 200 Nukes, All Aimed at Tehran
          Noted Iran Had No Reason to Make Nukes
          http://news.antiwar.com/2016/09/15/powell-email-israel-has-200-nukes-all-aimed-at-tehran/

          I suppose we can dream.

          • On September 17, 2016 at 11:42 am,
            Birdman says:

            No Bob, this does not mean BM recognizes finally that he has been wrong all along and others had it dead right. And you know why? It is because most of the bug community never understood WHY gold would start to go up and neither did you Mr Smart Author.

            In my posts I can clearly lay out the reasons and rationalize what is about to happen, when it will happen and why it will happen. Guys like you just bleating “It’s a bull” are offering personal opinion that ain’t worth spit to me.

            You have got to prove your case. Then time stamp it.

          • On September 17, 2016 at 11:58 am,
            Big Al says:

            Let’s not insist on being the prettiest baby in the nursery. Just let actions speak for themselves. How about that
            Bird?

          • On September 17, 2016 at 11:51 am,
            Birdman says:

            Anyway Bob, I am far from perfect. I can admit that. But I have been damned good at picking off major turning points across the spectrum whether that be currencies, metals, stocks or raw commodities. Its not every day but I have a lot of feathers in my cap to prove it since I came to this site.

            And I was at my best on that platinum call. So don’t bug me.

          • On September 17, 2016 at 12:46 pm,
            b says:

            Ex, give critisising Bird a rest, he has been totally awesome at calls, drops especially.
            Now he has come in line with Bob M, who did say awhile back “Look out in a few weeks”
            Meaning about Oct.
            Bird has been accurate to the day,…….. to the day, on many occasions.
            If he now sees a turn coming, why is huge, Bird is an incredible asset to anyone preparing for this move.

            Ease up will ya? In a few months you and many others could be thanking the stars for Birds contributions here.

            Hey James the lesser, things are about to change.

          • On September 17, 2016 at 1:19 pm,
            b says:

            We finally get an admission that Israel has nukes, gotta be one of the worst kept secrets ever.
            I wonder how/if it changes things.

          • On September 17, 2016 at 5:07 pm,
            Big Al says:

            I saw that b. Was there ever a question?

          • On September 17, 2016 at 1:22 pm,
            Excelsior says:

            ?

          • On September 17, 2016 at 1:57 pm,
            Robert Moriarty says:

            BM:

            Everyone including you think they know why gold or anything goes up and the fact is that it’s just an opinion. What is important and the only thing that is important is that it went up. You got it 9 months after it went up. I got it immediately.

            Tax Loss Silly Season

            Bob Moriarty
            Archives
            Dec 23, 2015

            Slowly but surely the stars have come into alignment for the battered metals sector. The bear market in silver started at the end of April of 2011. Gold topped in September of the same year. The bear has been more brutal and lasted longer than any since 1970. But bear markets breed bull markets and the upcoming market is going to be interesting to say the least. When gold and silver bottomed in 2001 the financial horizon was still reasonably stable. Today the banking system and financial systems of most countries are on the edge of an abyss waiting to fall into the bottomless pit.

            We are at the end of tax loss silly season. For the past couple of weeks shares have been dumped on the sales table just because they are down for the year. Many shares are going to recover in the next two months simply because they sold off during tax loss silly season.

            The Commitments of Traders numbers are more favorable for gold than they have been for 14 years, going all the way back to 2001. Silver is not quite as positive but still positive. We are perfectly positioned for a bull phase even if you believe gold and silver are in some kind of permanent bear market.

          • On September 17, 2016 at 5:05 pm,
            Big Al says:

            Okay Robert, my nomination for you (mentioned above) have been seconded!

          • On September 17, 2016 at 2:10 pm,
            Robert Moriarty says:

            BM:

            Just let me know how many times I have to prove I got it all along and you were clueless as well as obnoxious.

            CEO Technician: We’re in the 5th year of a brutal resource/precious metals bear market and it has lasted much longer than anyone expected. Will 2016 be a year of rebirth for the metals & mining sectors?

            Bob Moriarty: Yes I think so. This is the longest bear market in metals we have had since 1970 (when Nixon ended convertibility of the US dollar to gold and gold began its secular bull market). Commodities are the lowest in real dollar terms then they have been in recorded history[1] and then you’ve got the stock market getting ready to tumble. So I think we are at a turning point.

            Bob Moriarty: It Doesn’t Make Any Difference What The Fed Does 17 December 2015

          • On September 17, 2016 at 5:02 pm,
            Big Al says:

            Okay Robert, I nominate you for the prettiest baby in the nursery award!

          • On September 17, 2016 at 4:39 pm,
            Big Al says:

            I have not seen any comments from Bob Moriarty, Bird. What moniker is he using?

          • On September 17, 2016 at 4:43 pm,
            Robert Moriarty says:

            BM: You are getting to be really funny. Yes, I thought it was a turning point. Yes, I was exactly right and exactly on time. And yes, you were dead wrong all along. Now you come up after preaching for over a year that it wasn’t a bottom you act like Saul on the road to Damascus. You have finally seen the light and you still think you are smarter than all the guys who were right all along.

            You live in a very weird world. You don’t ever tell the truth to even yourself.

          • On September 17, 2016 at 4:50 pm,
            Robert Moriarty says:

            BM:

            You must have been reading this guy. He had it right all along and finally you are willing to admit it.

            A Zombie Financial System, Black Swans and a Gold Share Correction

            Bob Moriarty
            Archives
            Aug 24, 2016

            The world’s financial system died in mid-September of 2008. Since then it has become something out of Night of the Living Dead, in other words, a zombie. Central banks around the world came up with an interesting new concept that you could somehow borrow and spend your way to prosperity. Great concept but it seems to have failed utterly.

            We have a zombie financial system now and the world owes more than at any point in history. Most governments are functionally bankrupt yet they want to borrow and spend more in the hopes that if it didn’t work before, maybe it will somehow work if they do more of it. Our grandchildren and their children are going to be paying for this monumental stupidity.

            In my opinion we began a correction in gold and silver last week. As Tom McClellan has observed a number of times, full moons tend to mark either reversals in the metals or acceleration in the direction they were moving before the full moon. On the 18th of August we had a full moon and I think silver and gold have turned down. I’d love to see a full-blown correction. The boat is getting way too crowded with everyone on the same side of the boat.

            Gold shares, silver and gold are leading the correction lower. The XAU, the HUI, silver and gold all set at least a short-term high in the first week of August. This gold rally is thirty weeks old and getting pretty long in the tooth. All things change.

            http://www.321gold.com/editorials/moriarty/moriarty082416.html

        • On September 17, 2016 at 2:14 pm,
          doug says:

          Birdman it was to his to his members here is some of it.
          Or is it another one of the forces that are now converging into a giant Category 5 financial hurricane? Truth be told, each and every one of the above forces — and many more — are indeed a threat to your wealth. And in upcoming issues, I’ll cover them all in detail, including new forecasts I’ll be issuing that will shock you. But there’s one threat right now — one threat that hardly anyone is talking about, that beats them all. It’s the crumbing of the European Union (EU) and its currency, the euro. There is no bigger danger to your wealth than Europe, for it’s ground zero for the sovereign debt crisis that will soon cascade through the European Union … then to Japan … before it bears down on the United States — shaking the global economy and the ground we walk on, like never before. Yes, I know I’m in the minority right now. After all, the euro has not yet started to collapse and the U.K. has “Brexited,” or withdrawn from the European Union, without much fanfare. And most American investors could care less about Europe, or are far more worried about the two inept and dishonest leaders seeking America’s top job, the White House here at home. So in this issue, I’m going to focus on the world’s second-largest economic region in terms of total GDP — the European Union — for right before your very eyes, the EU is starting to crumble, and yet,
          Inside …
          Page 9 Materials, Energy & Ags Be Patient. You’re Soon Going to Add a Slew of Basic Materials and Oil and Gas Investments.
          Page 9 The Speculator Stay Long Copper, Short the Euro and Long ZSL.
          Page 11 Income Investments 23.6 Percent Total Return on Westlake Chemical Partners! Plus, More Gains on Western Refining and GAMCO.
          Page 12 Asia Investments Asia Continues to Outperform. Open Gains of as Much as 13.5 Percent. Hold All Positions.
          Page 14 Your Positions At A Glance
          Larry Edelson, Editor

          • On September 17, 2016 at 2:21 pm,
            doug says:

            Bird I am sorry I could not copy it all it was 14 pages long.

          • On September 17, 2016 at 2:59 pm,
            Birdman says:

            Wow, that was great. Thanks Doug. I hope Larry won’t be upset you linked it for us. I agree with him 100% and indeed he is correct that he is in the minority on this issue. There is currently virtually nothing of note being written anywhere about the hazard a Euro collapse will have on all of us.

            And yet it is there plain as day on the charts but for some odd reason is not on the radar in the analyst or blog community. Not like it was five years back when the ideas were first being presented anyway.

            This one will be cascading around the planet and sending a shock deflation pulse that pretty much nobody will escape unscathed. And given the deeper ties Europe has to Asia it may be enough to finally tip that rotten cargo of fetid smouldering debt in China into the dustbin.

            I mean…this is really the big one.

            We have arrived but the first act has yet to play out. By this time next year the European markets might be a smouldering ruin with its weakest banks and countries almost certainly over the edge if not about to fall right over.

            Stockman to his credit has been calling this one right as well. Its just that none of us has been able to put a date on when the show begins. And we have been fretting over this stuff for so many years now that some of us just sound like broken records playing the same old song day after day.

            But I feel this is the real McCoy. Gold is not going to respond to the usual trifles that those fool bulls keep trotting out. Not at all….gold is going to respond to a genuine economic crisis of proportion and there are few things more serious than when a major economy sees its currency get pummeled face first into the sidewalk.

            That will impact EVERYTHING so we had best batten down the hatches and get prepared. If that Euro chart is valid and my reading is correct then this problem is massive and it is going to go global.

            You can almost hear the housing bubbles bursting if you listen carefully enough.

          • On September 18, 2016 at 12:57 am,
            Nick says:

            Copy it into word ,- all 14 pages, then upload it to either dropbox or google docs and share the link to the file…then we will be able to read the full doc.
            Thanks
            Nick

        • On September 17, 2016 at 5:48 pm,
          Wayne says:

          I’m sorry, Al. I didn’t know Bird was a follower of Jesus Christ.

          • On September 17, 2016 at 7:06 pm,
            Big Al says:

            I really don’t know if he is Wayne, but I do sense a certain amount of good in him. But then again, I truly believe in The Proclamation of the Kingdom. I don’t know how I would live if I did not believe that.

          • On September 18, 2016 at 4:56 pm,
            OOTB Jerry says:

            Just ask

          • On September 18, 2016 at 5:12 pm,
            OOTB Jerry says:

            Romans 1:16

          • On September 18, 2016 at 5:40 pm,
            OOTB Jerry says:

            Philippians 3: 11-13

      • On September 17, 2016 at 7:54 am,
        Birdman says:

        PS Andrew……………..BTFD!!!!!!

        • On September 17, 2016 at 8:36 am,
          Archdeacon (!) Andrew says:

          BTFD….? Sorry non-comprehendo FWIW!

          • On September 17, 2016 at 8:43 am,
            Birdman says:

            Buy the F****** Dip.

          • On September 17, 2016 at 10:31 am,
            Archdeacon (!) Andrew says:

            Gotchya!!

          • On September 17, 2016 at 10:40 am,
            b says:

            Ha Ha Ha Bird, now that is funny.

            You realise you just called Bob a “swami” “prophet” “sear” someone that really knows diddly. lol

            You see it in time, thats the important thing.

            btfd might be correct for phyzz, well, anytime is.

            But for me, I want to be close to the low for gold shares when I buy next.

            maybe now you can start to figure when we get close to the bottom of that pattern, entering close to the turn off that bottom will be worth some coin.

            Well, unless we drop to $400 for 20 years.lol

          • On September 17, 2016 at 11:14 am,
            Birdman says:

            I ill do my best to pinpoint where the bounce comes in.

            This dip is one that MUST be bought. I am backing up the truck so to speak and just turned religious on the trade. What interests me even more though is moving back into USD for the rise and getting short the Euro.

            Now that’s going to be a mother of a trade.

          • On September 17, 2016 at 12:03 pm,
            b says:

            Gotta agree with you there Bird, I dont trade currency, but knowing what Soros and Rogers have done with them kinda tells you currencies is where billions happens.

            Rogers in an interview said, if you want to make unimaginable money,”learn to trade currencies”
            He would know.
            Sure as heck wouldnt want to time it wrong tho.

          • On September 17, 2016 at 12:46 pm,
            LPG says:

            Rev,
            Hope all’s well.
            I pasted something for you re: lithium yday, given your interest.
            Just wanna make sure you saw it.
            Best,
            LPG

          • On September 17, 2016 at 1:06 pm,
            Archdeacon (!) Andrew says:

            Thanks PLG.

          • On September 17, 2016 at 1:08 pm,
            Archdeacon (!) Andrew says:

            Going dyslexic LPG what with all the excitement along with Bird’s conversion! A

          • On September 17, 2016 at 3:17 pm,
            Birdman says:

            Its been quite a day Andrew. I have been talking to the angels.

          • On September 17, 2016 at 8:12 pm,
            Skeeta says:

            Looks like Bird saw the light & finally fled from the Dark Side.
            Hope you profit from it Bird, I know I have with the profits from earlier this year 🙂
            Cheers.

        • On September 17, 2016 at 11:25 pm,
          Skeeta says:

          Did you leave & celebrate with a beer Bird?
          I’m celebrating & drinking them after cashing in some chips from earlier this year after taking some profits & putting them to use elsewhere.
          Like I said…I hope you profit from your change of mind.
          I have…free pool + at home etc…free trip to the USA for the entire family over Christmas timeframe.
          Cheers to your AA meeting mate 🙂

          • On September 17, 2016 at 11:28 pm,
            Excelsior says:

            Way to go Skeeta! Well said and congratulations. Enjoy the pool!

    • On September 17, 2016 at 6:05 am,
      Excelsior says:

      Yippee.

      • On September 17, 2016 at 7:50 am,
        Birdman says:

        Indeed.

        Dang, you slipped another through my security net.

        • On September 17, 2016 at 7:52 am,
          Excelsior says:

          🙂

          • On September 17, 2016 at 7:55 am,
            Birdman says:

            HaHaHa

    • On September 17, 2016 at 7:12 am,
      Bonzo Barzini says:

      I have been a gold bull since gold was $35/oz and will probably remain a gold bug for many more years.

      • On September 17, 2016 at 11:20 am,
        Al Korelin says:

        Bonzo, most of us have been for quire some time although our motives may vary😊

    • On September 17, 2016 at 10:34 am,
      Markedtofuture says:

      Birdman that was quite a metamorfosis.

      • On September 17, 2016 at 11:18 am,
        Birdman says:

        I just figured it out Markedtofuture. I have been unable to climb aboard with conviction without first being able to rationalize why I would do it….that’s all.

        • On September 17, 2016 at 3:30 pm,
          Excelsior says:

          +1

    • On September 17, 2016 at 11:02 am,
      Al Korelin says:

      WHY, WE ARE ALL FRIENDS AND IN THIS TOGETHER?

      I do value these relationships Bird.

  4. On September 17, 2016 at 5:09 am,
    confused says:

    EX,
    thanks for your thoughts on KNT! I am still biding my time on that one and might enter soon. I love how it has fallen out of bed here. “Not investment advice”;)

    • On September 17, 2016 at 5:45 am,
      Excelsior says:

      confused – Always glad to share ideas and K92 is an interesting company developing an asset that Barrick may well regret selling.

      As discussed, next support for KNT is at the 200 day EMA @ $1.08. It is no surprise that this is exactly where it closed the day & week on Friday.

      Look at the Slow Stochastics about to cross and turn up (maybe just for a short blip up). However, the RSI is just starting to touch oversold territory, and I could see it falling out of bed a bit further still. The ADX is still showing the Red line turning up with the black momentum line turning up as well, so that is still in the bearish readings.

      It will be interesting to see if support holds briefly at the 200 day EMA at $1.08 for a tradable rally, but if it breaks then Matthew brought up a good point that the next target for support would be the 200 day SMA at $.93.

      K92 will still need to prove itself by breaking above the 34 day EMA to the upside when it does bounce and go back up to test that next time. That is where it was capped the last 2 attempts to break higher.

      I included all 3 moving averages (34, 200 EMA, 200 SMA) for illustrative purposes.

      http://stockcharts.com/h-sc/ui?s=KNT.V&p=D&yr=0&mn=4&dy=0&id=p10419731679

      • On September 17, 2016 at 5:52 am,
        Excelsior says:

        For clarity, I should have written that KNT went down and tagged the $1.08 200 day EMA on Friday right on the money, but it bounced back up to $1.14 for the actual close.

        So the support already did deflect it back up. However, if it tests it again the 200 day SMA may be back on the menu. It will be interesting to see how things go on Monday and Tuesday. It would be most bullish to put in a Doji candle where the open and close are near the same place, and there is a tug-o-war from the bears and bulls showing indecision. If you see that candle, then it is a good time to go long in my opinion.

        • On September 17, 2016 at 5:57 am,
          Excelsior says:

          Here is a little blurb on Doji candles. They are the very short bodied candles that often trigger a reversal in direction. It doesn’t mean the marketplace will serve one, as sometimes a stock will just reverse hard or gap up/down. However, after a run down for a few days with longer red candles, then a Doji often marks the directional change (reversal).

          http://www.investopedia.com/terms/d/doji.asp

    • On September 17, 2016 at 6:12 am,
      Excelsior says:
    • On September 17, 2016 at 7:52 am,
      Excelsior says:

      Here is a good list of Develoment-Stage Gold companies, or optionality plays on Advanced Deposits that could be JV’d or bought by larger Mid-Tiers or Majors to fast-track to production. Enjoy!

      Gold Development – Advanced Deposits Symbol

      AFRICAN GOLD GROUP INC AGGFF
      AMARILLO GOLD CORPORATION AGCBF
      AVNEL GOLD MINING LIMITED AVNZF
      AZUMAH RESOURCES LTD AZUMF
      BARKERVILLE GOLD MINES LTD BGMZF
      BELO SUN MINING CORP VNNHF
      BLACKHAM RESOURCES LIMITED BKHRF
      CARPATHIAN GOLD CPN.TO
      CONTINENTAL GOLD LIMITED CGOOF
      COREX GOLD CORPORATION CGEKF
      DACIAN GOLD DCN.AX
      ENTREE GOLD INC EGI
      EXETER RESOURCE CORPORATION XRA
      GOLD RESOURCE CORPORATION GORO
      GOLD ROAD RESOURCES LIMITED ELKMF
      GOLD STANDARD VENTURES CORP GSV
      GOLDEN DAWN MINERALS INC GDMRF
      GOLDEN REIGN RES LTD GRGNF
      GOLDQUEST MINING CORPORATION GDQMF
      HUMMINGBIRD RESOURCES LTD HUMRF
      IDM MINING LTD RVRCF
      INCEPTION MINING INCORPORATED IMII
      INTEGRA GOLD CORP ICGQF
      INTERNATIONAL TOWER HILL MINES LTD THM
      K92 MINING INCORPORATED KNTNF
      LUNA GOLD CORPORATION LGCUF
      MARITIME RESOURCES CORPORTION MRTMF
      MERREX GOLD INC MXGIF
      MEXUS GOLD US MXSG
      MIDAS GOLD MDRPF
      MINERA ALAMOS INC VGMTF
      MONARQUES GOLD CORPORATION MRQRF
      MONTAN MINING CORP SAIDF
      MX GOLD CORPORATION MXLGF
      NAUTILUS MINERALS INC NUSMF
      NEWCASTLE GOLD LTD CTMQF
      NOVAGOLD RESOURCES INC NG
      NOVO RESOURCES CORP NSRPF
      OREZONE GOLD CORPORATION ORZCF
      ORINOCO GOLD LTD ORNQF
      PARAMOUNT GOLD & SILVER CORPORATION PZG
      PERSHING GOLD CORPORATION PGLC
      PILOT GOLD INC PLGTF
      PREMIER GOLD MINES LTD PIRGF
      PRETIUM RESOUCES INC PVG
      PURE GOLD MINING INC LRTNF
      RED EAGLE MINING CORP RDEMF
      RUPERT RESOURCES LTD RUPRF
      RYE PATCH GOLD CORPORATION RPMGF
      SABINA GOLD & SILVER CORPORATION SGSVF
      SANTA FE GOLD CORPORATION SFEG
      SEABRIDGE GOLD INC SA
      TANZANIAN ROYALTY EXPLORATION CORP TRX
      TELSON RESOURCES INC SOHFF
      TMAC RESOURCES INCORPORATED TMMFF
      VICTORIA GOLD CORPORATION VITFF
      VISTA GOLD CORPORATION VGZ
      WEST AFRICAN RESOURCES LTD WEST PERTH WA WFRSF

      • On September 17, 2016 at 8:04 am,
        Excelsior says:

        Other companies that should be included with the Development Stage companies are the Prospect Generators as they are busy JVing projects (some of which are making strides at going into production). US ticker then the Canadian ticker. Enjoy!

        Prospect Generators – Royalty Companies Symbol – US Symbol – Canadian

        ABITIBI ROYALTIES INC $ATBYF $RZZ
        ALMADEX MINERALS LTD $AXDDF $AMZ
        ALTIUS MINERALS CORPORATION $ATUSF $ALS
        ANGLO PACIFIC RESOURCES PLC $AGPIF $APY
        ARENA MINERALS INCORPORATED $AMRZF $AN
        AURICO METALS INC $ARCTF $AMI
        AURION RESOURCES LTD $AIRRF $AU
        AVRUPA MINERALS LTD $AVPMF $AVU
        AZIMUT EXPLORATION $AZMTF $AZM
        BRAVADA GOLD CORP $BGAVF $BVA
        CARTIER RESOURCES INC $ECRFF $ECR
        COLOMBIAN MINES CORPORATION $CMBPF $CMJ
        COMMANDER RESOURCES $CMDRF $CMD
        EAGLE PLAINS RESOURCES LTD $EGPLF $EPL
        EROS RESOURCES CORPORATION $BPUZF $ERC
        EURASIAN MINERALS INC $EMXX $EMX
        EVRIM RESOURCES CORP $EMRRF $EVM
        FIRST MINING FINANCE CORP $FFMGF $FF
        GLOBEX MINING ENTERPRISES INC $GLBXF $GMX
        GOLDEN VALLEY MINES LTD $GLVMF $GZZ
        IDAHO NORTH RESOURCES CORP $IDAH
        KISKA METAL CORPORATION $KSKTF $KSK
        LARA EXPLORATION LTD $LRAXF $LRA
        MARLIN GOLD MINING $MLNGF $MLN
        MIDLAND EXPLORATION INC $MIDLF $MD
        MILLROCK RES INC $MLRKF $MRO
        MIRANDA GOLD CORP $MRDDF $MAD
        MIRASOL RESOURCES $MRZLF $MRZ
        MORIEN RESOURCES $APMCF $MOX
        NORTHERN EMPIRE RESOURCES CORP $PSPGF $NM
        OSISKO MINING INCORPORATED $OBNNF $OSK
        RENAISSANCE GOLD INC $RNSGF $REN
        REVELO RESOURCES CORP $INCKF $RVL
        RIVERSIDE RESOURCES INC $RVSDF $RRI
        SECOVA METALS CORP $SEKZV $SEK
        SILVER RANGE RESOURCES $SLRRF $SNG
        SOLITARIO EXPLORATION & ROYALTY CORP $XPL $SLR
        STRATEGIC METALS LTD $SMDZF $SMD
        TERRACO GOLD CORPORATION $TCEGF $TEN
        TRANSITION METALS CORP (NEW) $TNTMF $XTM
        TEUTON RESOURCES $TEUTF $TUO
        TYPHOON EXPLORATION INC $TYPFF $TYP

        • On September 17, 2016 at 11:23 am,
          Excelsior says:

          There are a lot of very intriguing companies on both those lists. I own shares or have traded a bunch of them, but there are probably more that should be added to these.

          Please keep in mind these lists are mostly GOLD focused, although the prospect generators get into Silver, Copper, Zinc, Lithium, and Uranium as well.

          This list also doesn’t have on it all the pure Exploration companies. I’ll post that list on here later today for reference. However, if there are any other Development stage – Advanced Deposits, or Prospect Generator Companies, that were left off, please post them below.

          Cheers!

        • On September 17, 2016 at 11:28 am,
          Al Korelin says:

          Thanks for that list Excelsior. Where would you rate Exeter, Novo, Rematch and Maxus?

          Thanks

          • On September 17, 2016 at 11:30 am,
            Al Korelin says:

            Don’t you just love auto correct😊

          • On September 17, 2016 at 11:53 am,
            Excelsior says:

            Hi Big Al,

            I have Novo Resources on that Development – Advanced deposit list up above. I’d put them clearly in the development stage, because they have advanced permitting, figured out how to reduce their strip ration using bulldozers on the loose soil to remove the overburden, they have figured out that they have great 85% gold recoveries using gravity recoveries, and they have a pilot plant going. They are moving down the road to production in under 2 years which is my basic criteria. Their guidance is final permitting by next April 2017, construction from May- July 2017, and production in August of 2017. Even if they have normal stalls and hiccups they should producing by the end of next year.

            Exeter Resources I see as an “Advanced Deposit” where they have done a great job of defining their resources, have made good progress permitting it, they have a solid PEA in place, and they have further de-risked the project with their efforts to drill out the water sources and secure the water rights. They are in need of higher precious metals prices and a larger company to buy them out to kick-start development.

            Not sure about Rematch or Maxus.

            If you mean Mexus Gold (MXSG) – I’ve been posting on it all year, and first positioned at $.0035 and it closed at $0.078 (up +$0.0032 for a 4.28% gain on Friday) so I’m all smiles on that one. I consider Mexus a development stage company because they have their heap leach pads in place, and MarMar is blasting for ore and loading the leach pad as we speak. They’ll be in production by the end of this year which should be a nice catalyst for more upside.

            Cheers!

          • On September 17, 2016 at 12:09 pm,
            Excelsior says:

            Mexus is probably the best Gold performer I’ve had this year on a percentage basis.

            In my trading platform it shows Mexus up 2,128.57% for 2016.

            It would seem being “selective” has it perks, as I don’t think GDX or GDXJ (the Kitco lists) are up that much this year. 😮

          • On September 17, 2016 at 5:14 pm,
            Big Al says:

            Thanks, Excelsior.

          • On September 17, 2016 at 9:27 pm,
            Excelsior says:

            Always glad to share ideas on the miners Big Al.

        • On September 18, 2016 at 2:13 am,
          Archdeacon (!) Andrew says:

          Thanks Ex – I like the thought of Exeter being an advanced deposit, even as I’ve doubled my stake! A

        • On September 18, 2016 at 1:25 pm,
          Excelsior says:

          Marlin Gold Mining Ltd. – Precious Metals Summit – Beaver Creek 2016
          Akiba Leisman, Executive Chairman
          (TSX-V: MLN)

          http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2016/09/14/marlin-gold-mining-ltd/play/stream/20101

      • On September 17, 2016 at 11:39 am,
        Excelsior says:

        Premier Gold Mines should have been moved to the producers list. Sorry about that.

        It was on the producers I posted 2 weeks back, and when I had merged a bunch of spreadsheets and didn’t realize that it got mixed in with the developers list.

      • On September 17, 2016 at 3:19 pm,
        Excelsior says:

        Here is a list of Gold Exploration companies (sorry it’s a bit long, but the goal is to at least know what companies are on the menu. As always, DYODD, but share the good ones!)

        Enjoy!

        Gold Exploration Companies Symbol

        ABEN RESOURCES LTD ABNAF
        ADAMERA MINERALS CORP DDNFF
        AGUILA AMERICAN GOLD LTD AGLAF
        ALEXANDRIA MINERALS CORPORATION ALXDF
        ALGOLD RES LTD ALGDF
        ALMADEN MINERALS LTD AAU
        ALMADEX MINERALS LTD AXDDF
        AMERICAN CREEK RESOURCES LTD ACKRF
        AMERICAN INTERNATIONAL VENTURES INC AIVN
        AMEX EXPLORATION INC AMXEF
        ANFIELD GOLD CORPORATION ANCKF
        ANKOR GOLD CORPORATION ANKOF
        ASANTE GOLD CORP ASGOF
        ASCOT RESOURCES LTD ASOLF
        ASTON BAY HOLDINGS LTD ATBHF
        ATAC RESOURCES LTD ATADF
        ATACAMA PACIFIC GOLD CORP ACPGF
        ATLANTIC GOLD CORPORATION SPVEF
        ATON RESOURCES INCORPORATED ANLBF
        AURAMEX RESOURCES CORPORATION AUXRF
        AURVISTA GOLD CORPORATION ARVSF
        AURYN RESOURCES INC GGTCF
        AXMIN INC AXMIF
        AZUMAH RESOURCES LTD AZUMF
        BANRO CORPORATION BAA
        BARISAN GOLD CORP BRSGF
        BARSELE MINERALS CORP BRSLF
        BATERO GOLD CORP BELDF
        BATTLE MOUNTAIN GOLD INC BMTNF
        BONTERRA ENERGY CORPORATION BNEFF
        BRAZIL RESOURCES INC BRIZF
        CALIBRE MINING CORPORATION CXBMF
        CALIFORNIA GOLD MINING INCORPORATED CFGMF
        CANADA STRATEGIC METALS INC CJCFF
        CARDINAL RESOURCES INC CDNL
        CARIBOO ROSE RES LTD CROOF
        CASTLE PEAK MINING LTD CPKOF
        CHESAPEAKE GOLD CORPORATION CHPGF
        CHIBOUGAMAU INDEPENDANT MINES INCORPORATED CMAUF
        COLOMBIA CREST GOLD CORP ECRTF
        COLORADO RESOURCES LTD CLASF
        COLUMBUS GOLD CORPORATION CBGDF
        CONDOR RESOURCES INC CNRIF
        CONSTANTINE METAL RESOURCES LTD CNSNF
        CORAL GOLD RESOURCES LTD CLHRF
        CORDOBA MINERALS CORP CDBMF
        COREX GOLD CORPORATION CGEKF
        CORNERSTONE CAPITAL RESOURCES INC CTNXF
        CORVUS GOLD INC CORVF
        DALRADIAN RESOURCES INC DRLDF
        DAMARA GOLD CORP SLMZF
        DARNLEY BAY RESOURCES LTD DNLYF
        EAST ASIA MINERALS CORPORATION EAIAF
        ECO ORO MINERALS CORP GYSLF
        ERDENE RESOURCE DEVELOPMENT CORP ERDCF
        EURO SUN MINING INCORPORATED CPNFD
        EVRIM RESOURCES CORP EMRRF
        FALCO RESOURCES LTD FPRGF
        FIRST MEXIAN GOLD CORP FMGXF
        FOCUS GOLD CORPORATION FGLD
        GABRIEL RESOURCES LTD GBRRF
        GALANE GOLD LIMITED GGGOF
        GALANTAS GOLD CORPORATION GALKF
        GARIBALDI RESOURCES CORPORATION GGIFF
        GMV MINERALS INC GMVMF
        GOLD BULLION DEVELOPMENT CORPORATION GBBFF
        GOLD CANYON BANK (AZ) GCYO
        GOLD ROCK HOLDINGS INC GRHI
        GOLD STANDARD VENTURES CORP GSV
        GOLDEN ARROW RESOURCE CORPORATION GARWF
        GOLDEN MINERALS COMPANY AUMN
        GOLDEN PREDATOR MINING CORPORATION NTGSF
        GOLDEN STAR RESOURCES LTD GSS
        GOLDEN TAG RESOURCES LTD GTAGF
        GOLDON RESOURCES LTD NCMBF
        GOWEST GOLD LTD GWSAF
        GRYPHON MINERALS LTD GPHYF
        INDEPENDENCE GOLD CORP IEGCF
        KAPUSKASING GOLD CORP KPZIF
        KERR MINES INC AISCF
        KILO GOLDMINES LTD KOGMF
        KINGS BAY GOLD CORPORATION KBGCF
        KLONDIKE GOLD CORP KDKGF
        KNICK EXPLORATION KNX.V
        KOMET RESOURCES INCORPORATED KMMTF
        LANDORE RESOURCES LND.L
        LEXAM VG GOLD INC LEXVF
        LUPAKA GOLD CORP LPKGF
        LYDIAN INTERNATIONAL LTD LYDIF
        MAJESTIC GOLD CORPORATION MJGCF
        MAJESTIC GOLD CORPORATION MJGCF
        MARATHON GOLD CORP MGDPF
        MARIANA RESOURCES LIMITED MRLDF
        MARLIN GOLD MINING LTD MLNGF
        MAWSON RESOURCES LTD MWSNF
        MEDGOLD RESOURCES MED.V
        MEO AUSTRALIA LTD MEOAF
        METALLIS RESOURCES INC MTLFF
        METANOR RESOURCES INC MEAOF
        MIDLAND EXPLORATION INC MIDLF
        MIDWAY GOLD CORPORATION MDWCQ
        MINAURUM GOLD INC MMRGF
        MINERA ALAMOS INC VGMTF
        MIRASOL RESOURCES LTD MRZLF
        MONETA PORCUPINE MINES INC MPUCF
        MONUMENT MINGING LTD MMTMF
        MX GOLD CORPORATION MXLGF
        NEVADA EXPL INC NVDEF
        NEW CAROLIN GOLD CORPORATION LADFF
        NEW JERSEY MINING COMPANY NJMC
        NEXUS GOLD CORPORATION NXXGF
        NIGHTHAWK GOLD CORP MIMZF
        NIPPON DRAGON RESOUCRES INC RCCMF
        NORD GOLD NV NRDVY
        NULEGACY GOLD CORP NULGF
        ODIN MINING & EXPLORATION LTD ODMEF
        OLIVUT RESOURCES LTD OLVRF
        ORCA GOLD INC CANWF
        OREZONE GOLD CORPORATION ORZCF
        ORO VERDE LTD OVL.AX
        OTIS GOLD CORP OGLDF
        PACIFIC WILDCAT RESOURCES CORPORATION PWCRF
        PANCONTINENTAL GOLD CORPORATION PUCCF
        PISTOL BAY MINING INC SLTFF
        PRECIPITATE GOLD CORP PREIF
        PROBE METALS INC PROBF
        PROSPER GOLD CORPORATION PRGCF
        PURE GOLD MINING INC LRTNF
        RED EAGLE MINING CORP RDEMF
        REDSTAR GOLD CORPORATION RGCTF
        REGULUS RESOURSOURCES INC RGLSF
        RENAISSANCE GOLD INC RNSGF
        RESSOURCES PERSHIMCO INC RSPRF
        RIO NOVO GOLD INC RIVVF
        RIVERSIDE RESOURCES INC RVSDF
        ROCHESTER RESOURCES LTD RCTFF
        ROCKHAVEN RESOURCES LTD RKHNF
        ROMIOS GOLD RESOURCES INC RMIOF
        ROYAL ROAD MINERALS RYR.V
        RUSORO MINING LTD RMLFF
        SALAZAR RESOURCES LIMITED SRLZF
        SANDSPRING RESOURCES LTD SSPXF
        SARAMA RESOURCES LIMITED SRMMF
        SAVARY GOLD CORP SVVYF
        SEARCHLIGHT MINERALS CORPORATION SRCH
        SILVER LAKE RESOURCES LTD SVLKF
        SIRIOS RESOURCE CORPORATION SIREF
        SKEENA RESOURCES LTD SKREF
        SOLITARIO EXPLORATION & ROYALTY CORP XPL
        SOURCE EXPLORATION CORP SRXLF
        SOUTH GOBI RESOURCES LTD SGQRF
        SOUTHERN ARC MINERALS INC SOACF
        SPANISH MOUNTAIN GOLD LTD SPAZF
        SUNRIDGE GOLD CORPORATION SGCNF
        TAKARA RESOURCES INC TAKRF
        TARKU RESOURCES TKU.V
        TERRAX MINERALS INC TRXXF
        TEUTON RES CORP TEUTF
        TIMBERLINE RESOURCES CORPORATION TLRS
        TINTINA RESOURCES INC TINTF
        TOMOGOLD CORP TOGOF
        TRIMETALS MINING INC TMIAF
        TRIMETALS MINING INC TMIBF
        TRISTAR GOLD INC TSGZF
        TUDOR GOLD CORPORATION TDRRF
        VISTA GOLD CORPORATION VGZ
        WAR EAGLE MINING COMPANY INC WARGF
        WEST AFRICAN RESOURCES LTD WEST PERTH WA WFRSF
        WEST KIRKLAND MINING INC WKLDF
        WEST MELVILLE METALS WMM.V
        WEST RED LAKE GOLD MINES INCORPORATED RLGMF
        WESTHAVEN VENTURES INC WTHVF

        • On September 17, 2016 at 3:24 pm,
          Excelsior says:

          Please let me know if I missed any on the this Explorers list, or the Development/Advanced Deposit list, or the Prospect Generators list.

          If anyone has any explorers that they REALLY like, please throw them out on the chopping block 🙂

          • On September 17, 2016 at 6:51 pm,
            Skeeta says:

            I like the story Burey are putting together. *
            ASX.BYR

            *Yes, admittedly I’m a shareholder.
            Cheers.

          • On September 17, 2016 at 6:59 pm,
            Big Al says:

            Thanks Skeeta

          • On September 17, 2016 at 9:41 pm,
            Excelsior says:

            Thanks Skeeta. Yes, I just realized there were a few companies in my African mining list that didn’t make it over onto this list:

            BUREY GOLD LTD BRYYF
            GOLDEN RIM RESOURCES GMR.AX
            GOLDSTONE RESOURCES GRL.L
            PAN AFRICAN RESOURCES PAFRF
            PELANGIO EXPLORATION PGXPF
            THOR EXPLORATIONS THX.V
            WEST AFRICAN METALS CORP EMMLF

          • On September 18, 2016 at 6:46 pm,
            Excelsior says:

            Skeeta – you probably already saw this about Burey Gold, but in case anyone is interested:

            $BYR.AX $BYR – Maiden Resource Drilling Underway on Giro Gold Project

            http://www.asx.com.au/asxpdf/20160919/pdf/43b8gbpk17tszx.pdf

        • On September 17, 2016 at 6:34 pm,
          Wolfster says:

          Btw I think you mean bonterra resources.bonxf

          • On September 17, 2016 at 9:45 pm,
            Excelsior says:

            Thanks Wolfster – yes you are absolutely correct. I accidentally put in Bonterra Energy instead of Bonterra Resources (BONXF).

            I like Bonterra and have some exposure because Golden Valley Mines (GLVMF) (GZZ) has a JV with them where they will retain 15% ownership, and NSR on the gold property they are working together.

            Cheers!

        • On September 18, 2016 at 12:38 pm,
          Excelsior says:

          Anyone else have 3-5 good exploration plays they are interested in, and what are the unique value propositions if so?

    • On September 17, 2016 at 2:47 pm,
      Matthew says:

      Confused, I got back to under rick’s show on Thursday. In case you missed it:

      On September 15, 2016 at 9:36 pm,
      Matthew says:
      Confused, both the daily and weekly charts look pretty spooky to me. Despite the 46% drop from last month’s high, I think it has substantial downside from here. A test of the 200 day MA at .93 would not surprise me.
      I would consider buying in multiple tranches as it goes lower or waiting for signs that a turn is near. The risk with going “all-in” is that it might go much lower after your purchase or, conversely, that it might turn up abruptly before your purchase.
      You know the company better than I do, but, based on the charts, I don’t think this particular opportunity warrants being overly urgent/aggressive at this time.
      http://stockcharts.com/h-sc/ui?s=KNT.V&p=D&yr=0&mn=5&dy=13&id=p38806512741

      • On September 17, 2016 at 3:23 pm,
        Excelsior says:

        Matthew – I’m glad you mentioned the 200 day SMA. I went ahead and included it on the chart I posted up above, but also included the 200 day EMA to show how it went down and tagged it right on the nose, on Friday at $1.08. It did close up $1.14, but I could see it making a move lower to the $.93 you posted about. Good stuff.

        It is an interesting company to check out as Barrick sold them that advanced asset because they were swimming in debt, and they’ll be putting it into production in the near future into a rising metals price environment. Barrick may well come to regret selling it to the folks in K92.

        Cheers!

  5. On September 17, 2016 at 5:52 am,
    FranSix says:

    We should be seeing some volatility going forward. The $TED has widened considerably, while the following is showing market breadth is falling off. The unusual circumstance being new highs in the S&P. Everyone believes that a higher market is a sign the election is going their way, so they bid it up further.

    Will the market drop precipitously? Not until the $TED spread widens significantly.

    http://bit.ly/2cNN8vu

    • On September 17, 2016 at 11:32 am,
      Al Korelin says:

      Dana Lyons has a good article on volatility. Would you like us to post it?

      • On September 17, 2016 at 11:59 am,
        FranSix says:

        Al, there are so few good articles on volatility that I would look forward to reading more opinions regarding the same. Here is a chart pointing out how the $TED spread has widened, and appears to challenge a prior peak. There is also a suggestion that a spike in the $TED spread may conform with a parabolic curve:

        http://bit.ly/2cgTUuc

        • On September 17, 2016 at 11:36 pm,
          Excelsior says:

          FranSix – this was an interesting editorial on volatility that I read and thought you may enjoy it too. Cheers mate.

          Is Volatility Dead? Picking Up Pennies In Front Of My Steamroller
          Sep. 17, 2016

          http://seekingalpha.com/article/4006796-volatility-dead-picking-pennies-front-steamroller?auth_param=c9otd:1btpren:4c454efc4add27d9ed78a7c76dc698eb&uprof=45

          • On September 18, 2016 at 5:13 am,
            FranSix says:

            Be mindful of the date on the chart of the 45-year low in volatility, which was September 8. Volatility futures jumped the next day with the market pull back on the 9th.

          • On September 18, 2016 at 9:41 am,
            Excelsior says:

            It is fair to say we’ll be seeing more volatility moving into Autumn than we’ve seen the rest of the year thus far. Buckle your seat belt and return your tray table to it’s full upright position.

          • On September 18, 2016 at 10:00 am,
            Big Al says:

            In which particular sectors, Excelsior?

          • On September 18, 2016 at 11:39 am,
            Excelsior says:

            I’m expecting ll sectors will be more volatile this Autumn Big Al. As far as the options and futures markets affecting the VIX, it will be the volatility in the general markets (and in particular the S&P 500) that should get the VIX out of the low basement levels moving forward.

  6. On September 17, 2016 at 6:42 am,
    Dick Tracy says:

    Novo is a very interesting stock, they have the right management which is #1, they are located in two of the best if not the best mining area’s of the world and their drill intercepts are fabulous. I am glad they are not in Indonesia, I think we can finally bury the legacy that BRE-X left for all gold mining stocks. It is still hard to believe that at one point BRE-X went from pennies to I believe $258 dollars a share before collapsing. It goes to show the mania that can strike investors in the junior gold market. DT

    • On September 17, 2016 at 7:11 am,
      Excelsior says:

      Trailer: Gold, the movie about the Bre-X story starring Matthew McConaughey.

      https://youtu.be/01habrLjQpw

      I guess people aren’t ready to bury BRE-X quite yet….. 😉

      • On September 17, 2016 at 7:15 am,
        Bonzo Barzini says:

        When is the movie about Peggy Witte and Royal Oak Mines coming out?

        • On September 17, 2016 at 7:17 am,
          Excelsior says:

          That’s the sequel. It’s actually a trilogy and the 3rd movie is about Rubicon…. called “The Con”.

          • On September 17, 2016 at 7:18 am,
            Bonzo Barzini says:

            And don’t forget the movie about the crooks at Midway Gold!

        • On September 17, 2016 at 11:34 am,
          Al Korelin says:

          She is a real jewel!

      • On September 17, 2016 at 11:33 am,
        Al Korelin says:

        I personally buried it a long time ago.

    • On September 17, 2016 at 7:17 am,
      Bonzo Barzini says:

      I hope I can sell my Novo NSRPF for $258 a share!

  7. On September 17, 2016 at 8:02 am,
    brian says:

    If anyone is interested: I did a little re-balancing this week:
    o Added to Millrock (I also hold about the same # shares in Strategic Metals) – Project Generator in hot area of Canada, right now
    o Started and adding to position in Kapuskasing (Sold my Lexam) – Very interesting story with maxing grades
    o Added to my Brixton (Sold my West Red Lake) – Another high-grade story stock
    o Using MUX and PVG to trend-trade the small remaining part of the PF

    Brian

    • On September 17, 2016 at 9:33 am,
      Excelsior says:

      Thanks Brian. Yes Millrock has it going on as a prospect generator and in their exploration work and I also have some exposure. I also hold Eurasian Minerals (great royalties and a killer pipeline of projects), Golden Valley Mines (they own half of Abitibi Royalties, but have exposure to Sirios, Bonterra, Urananium Valley, and a Nunavik Nickel), Strategic Metals (many great JVs and a huge inventory in positions in other interesting exploration plays), Typhoon Exploration (tight share structure, and JVs with Agnico Eagle and Hecla), Eros Resources (JVs with Skeena and others on Gold, and Mega & Denison on Uranium), Marlin Gold (operating gold mine, development stage gold mine, streaming deal for 20-40% with Golden Reign, a royalty on a developing Endeavour mine, and a royalty on the Kootenay main project), and Teuton Resources (in JV deals with Pretium, Millrock, Tudor Gold, American Creek, Silver Grail, and they are near all the prime real estate in the Golden Triangle). The other Prospect Generators I’m strongly considering are Globex Mining, Kiska Metals, Midland Exploration, Terraco Gold, Revelo Resources, and Transition Metals.

      As for Brixton Metals – I’m a big fan. Rob McEwen, Sprott, and Hecla think so too.

      MUX is very solid.

      PVG is one of the largest development stories in the works, and it is significant for the hold gold mining industry and the Golden Triangle area play. (That’s why I like Tueton Resources and Tudor Gold 😉 )

      Cheers!

    • On September 17, 2016 at 1:27 pm,
      Tad says:

      Nice one Brian. Always interested.
      I took profits on Canalaska this week; no real profits to take on the other Uranium holdings yet 🙁
      Still smarting from Orezone. Nova and Seabridge not looking that great either. Got in too late. Taken a beating on Sarama too.
      Sabina though, has been great. And Hochschild, love that company.
      Bear Creek has probably been the one I timed the best with a decent amount to make a real difference. Added to Brazil recently… not sure if that was well timed.
      I’ve got too many small holdings in the little guys that make it not worth getting out of for this down leg. Will consolidate into fewer of the the better ones after the next leg up.
      As always, keeping a chunky position in the streamers, Mag, Detour, Ag Eagle & First Maj.
      Got some shares & warrants in Millrock and warrants still left in Evrim. Quite a big position and high hopes for Mariana too.
      Ex, thanks for posting the lists, great thoughts this week 🙂

      • On September 17, 2016 at 1:46 pm,
        Excelsior says:

        Glad to share Tad. There are some good companies on the Gold Development-stage list and the Prospect Generator list. I’m wrapping up my Gold Explorers list and will post that shortly.

        I hope Sabina gets everything worked out. I played the bounce in their stock by buying at the negative newsflow from the Caribou and First Nations concerns, (thanks to Brian’s post BTW). I follow them closely and just posted that article about them wanting to give the project another review.

        ___________________________________________________________________________

        Inuit want second chance for Back River mine (Sabina Gold & Silver)
        Monday, September 12, 2016 – by Beth Brown – Northern News Services

        http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1btgo29-Inuit%20want%20second%20chance%20for%20Back%20River%20mine.pdf

        _________________________________________________________________________

        As for Bear Creek – I have a great deal of respect for the management team and they have a huge resource with great leverage to a rising Silver price. Hopefully they’ll wrap up their legal concerns soon and can put all that in the rear-view mirror. There was a good session recently from the Precious Metals conference in Beaver Creek this week.

        Hochschild, Mag Silver, Detour, Agnico Eagle, and First Majestic are all solid companies so you’ll do just fine with those in the portfolio IMO.

        Cheers!

      • On September 17, 2016 at 1:59 pm,
        Excelsior says:

        Tad – BTW, I do agree with you regarding Nova Gold and Seabridge, they both got way ahead of themselves, and while they have great deposits, their economics and mine plans have been scrutinized for being a bit optimistic.

        As for Orezone, yes, that 50% haircut hurt a number of investors. I had it on my watchlist, and was considering buying it on a pullback, but when I saw the original news report come out and then it fell out of bed, it moved up to a high priority on my radar. I listened to both sides (Bulls/Bears) duke it out, spent a considerable amount of time doing research on it, and finally started a small position with the goal of getting a rebound trade as it got a bit oversold. Currently, I’m just above water with a small profit, but I think the stock will recover some of it’s losses going into year end and early 2017.

        I was very impressed with their presentation from Beaver Creek as they obviously had to address the resource markdown, but they also showed how they are going to be able to count all the high grade drill intercepts currently showing in the “waste ore” category. When it is all said and done their oxide resource should only be down about – (10-15%) instead of – (30%). They made the point that this really barely changes the economics of the mine in the long haul, because much of the action is also in the sulfide resource, and they have tons of exploration targets all around the proposed mine that will add to the resource throughout this year and next.

        Check out this presentation for the way they unpack things:
        __________________________________________________________________________

        Orezone Gold Corporation – Precious Metals Summit – Beaver Creek 2016
        Ron Little, President & CEO
        (TSX: ORE)

        http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2016/09/15/orezone-gold-corporation/play/stream/20149

        • On September 17, 2016 at 2:18 pm,
          Tad says:

          Thanks for that. Hadn’t seen the Orezone vid. 10-15% is a lot better than 30.
          Lets see how it’s perceived in the marketplace. Unfortunate mistake. I don’t believe there was any wrongdoing BUT in such a buzzy, volatile little market populated by another 100 companies that deserve the investment it came across as “fishy” and, with ever shortening attention spans, people tend to reach for the 10 foot pole. Hopefully we’ll be back to break-even in 6 months on that one 🙂

          • On September 17, 2016 at 2:37 pm,
            Excelsior says:

            You raise a valid point Tad. There are so many deserving projects out there all fighting for investors attention, that it is easy to throw out the baby with the bathwater if people hype up the downside in a shorting frenzy.

            As for Orezone, I was very interested in it, but didn’t pull the trigger until after all the chatter came out post the resource reduction. Many did get out the 10 foot pole, and some rather well respected newsletter writers (that are admittedly more conservative in their approach) said they were waiting until more was known. Of course, once everything is known, and the resource gets re-rated back up an additional 15-20% when they count the waste areas not currently included, then the stock will have already moved back up.

            Personally I have enough confidence in the quality management team to see this through, and after hearing them out in that presentation, they didn’t realize the company that did the blocking counted ore without a pit shell, (so there was no barrier between waste and economic ore), but likewise, that firm didn’t count the economic ore that they did put into the waste bucket.

            This slowed them down by about 6-9 months, but they will still get their mine built, it will still be economical, and I was happy to take a speculative position now (with all the hater and doubt swirling around) and then ride it up as it becomes more obvious it wasn’t as big of a deal and the over-reacting marketplace made it out to be. That’s why they call it contrarian investing I guess. 🙂

            It will be interesting to see how long it takes before investors feel safe getting back in the water with Orezone, but I am patient, and if the stock corrects a bit further on weak metals prices, I’ll likely add more. Currently I hold a profitable position in it but it is only up a few percentage points. My goal is to get a 20-30% increase in it, sell a chunk to rotate into other opportunities, but leave a small core position in place for the long haul.

            Ever upward!

        • On September 17, 2016 at 9:41 pm,
          brian says:

          If one had to choose between Seabridge and Pretium for economics, I believe Pretium wins. The Seabridge resource is HUGE, but may actually never be economical (maybe US$1500 gold?). The downside of Pretium is the “raisins in the oatmeal” risk. We shall see …

          OK EX you can add this to my one-liners:

          “Pretium: Raisins in the oatmeal?”

          • On September 17, 2016 at 9:51 pm,
            Excelsior says:

            Ha! I like the “raisins in the oatmeal” remark. Others like Brent Cook have called it “nuggety”.

            BTW – I posted earlier in the week the maps of Teuton Resources / Tudor Gold / American Creek on their JV projects all around Pretium and Seabridge.

            Check out these property maps:

            Properties North & Southe of Seabridge Gold’s KSM and Pretium Resources’ Brucejack-Snowfield Projects:

            http://teuton.wpengine.com/propertiesnew/

          • On September 18, 2016 at 4:20 am,
            Tad says:

            Pretium is probably on all of our lists/portfolios. The poster child of ‘developers/reserves in the ground’. But at $2.5B market cap it’s a big beast… not many can probably consider a take-over. Long term it’s a no brainier surely.
            I think Seabridge is only about 20% of Pretium’s size… which could actually make it a better takeover candidate. ??
            Can’t comment on the geology.

          • On September 18, 2016 at 8:26 am,
            Excelsior says:

            Tad that is a great point, and one that others have mentioned as well regarding Pretium. Their market cap is getting so huge that it limits the number of companies that could take them over, but there is the other camp that wants to see them build their mine and keep it their own, and then they may start consolidating the area. It would be easier for a major or mid-tier to take out Seabridge though.

            I’m betting on the smaller exploration companies like Teuton Resources, Tudor Gold and Amercian Creek in the interim since they have all the adjoining land packages.

      • On September 17, 2016 at 4:12 pm,
        brian says:

        Tad

        Very nice one-sentence summary that I struggle with, also:

        “I’ve got too many small holdings in the little guys that make it not worth getting out of for this down leg. “

      • On September 17, 2016 at 9:37 pm,
        brian says:

        Tad
        If you like Sabina, please research DRLDF (Dalradian). Not North America, but Ireland !
        Very interesting drill/sample results the past week.
        Brian

  8. On September 17, 2016 at 8:03 am,
    chris filar says:

    im a staunch opponent of nuclear reactors for electric production hasn’t fuckashema 50 BILLION DOLLAR CLEAN UP PROVED TO THIS JERK THATS ITS NOT COST EFFECTIVE

  9. On September 17, 2016 at 10:31 am,
    Markedtofuture says:
  10. On September 17, 2016 at 10:59 am,
    Markedtofuture says:
    • On September 17, 2016 at 11:06 am,
      Excelsior says:

      Thanks for that AG post Markedtofuture.

      • On September 17, 2016 at 11:12 am,
        Excelsior says:

        Thom Calandra: 3 Outstanding Companies to Invest in Right Now
        BY COLLIN KETTELL ON SEPTEMBER 15, 2016

        “Thom Calandra has learned with age that trying to predict where the world economy will go is often very difficult. The purchasing power of gold and real estate against paper currencies is a possible indicator. There is a compression of paper currency everywhere, and it’s difficult to see where the US dollar is going when it’s only trading against other paper. His ultimate insurance is to have plenty of metal stashed away.

        Thom shares information about 3 exciting commodity companies. The first owns properties with uranium, copper, and diamonds (which they have been farming out and partnering with De Beers on). They’ve been one of the best performers out there, and have a massive amount of properties and partners. Despite uranium’s challenges, their stocks have been defying gravity.

        The second is a small well-run company which Thom has been involved with for 5+ years. In that time their stock has held up better than almost any other gold stock in the world . Recently, they got ministry approval for one of their gold mines, and plan to produce in the next 6-9 months. When the market realizes there is going to be a first pour, the stocks will really start to perform.

        When doing a country play, go for the company that has the most real concessions. Thom has been invested with the third company for 9 years. They own more mineral concessions with licenses than any other company in Ghana. A few years ago he saw their shares go from 10 cents to almost $2.5. Their 5th target should see results any day, and may go ballistically off the charts.”

        http://palisaderadio.com/thom-calandra-3-outstanding-companies-to-invest-in-right-now/

        • On September 17, 2016 at 11:18 am,
          Excelsior says:

          Thom had some good thoughts on physical Platinum & Gold as well as the Jr Miners in that interview that was linked above. Worth a quick listen.

      • On September 17, 2016 at 1:03 pm,
        Markedtofuture says:

        Excelsior – this article just posted to CEO-CA

        KERRISDALE ANALYSIS ON FIRST MAJESTIC: A CRITICAL REVIEW

        http://www.criticalinvestor.eu/analysis/silver/kerrisdale-analysis-first-majestic-critical-review

        • On September 17, 2016 at 1:32 pm,
          Excelsior says:

          Ah yes…. Kerrisdale. I loved it last time when they critiqued First Majestic two weeks back, garnered national attention for shorting it publicly, and then the dude behind it got pulled over for a DUI and Cocaine possession. What a goon!

          _________________________________________________________________________

          Prominent “Up And Coming” Hedge Fund Exec, Sahm Adrangi, Busted For Hamptons DUI, Cocaine Possession

          Aug 15, 2016 – Tyler Durden

          “One of the prominent “up and coming” managers in the hedge fund industry, which recently has been best known not for star names or outsized returns, but quite the contrary – lack of alpha creation and redemptions – noted short-seller Sahm Adrangi of Kerrisdale Capital, got into hot water over the weekend, when he was reportedly busted in the Hamptons on charges of drunken driving and cocaine possession over the weekend after getting into a crash….”

          http://www.zerohedge.com/news/2016-08-15/prominent-and-coming-hedge-fund-exec-sahm-adrangi-busted-hamptons-dui-cocaine-posses

          • On September 17, 2016 at 2:03 pm,
            Excelsior says:

            I guess all of that went down about a month ago. Time flies when you’re having fun.

          • On September 17, 2016 at 2:29 pm,
            Markedtofuture says:

            Critical investor did a fair piece on AG.

            5. Conclusion

            I must say Kerrisdale picked the right ingredients to set up a negative recommendation on First Majestic, as its low NAV, high EV to GMV and the promotional background of CEO and founder Neumeyer provide an interesting base point. However, my issues with the report are, that the overall tone isn’t professional, the author frequently skewes averages, leaves out the most important ratios, doesn’t seem to understand the need for impairments during a downturn, makes a meaningful mistake on DCF modeling of an individual mine, tries to extrapolate valuations from resource based parameters which aren’t fit for this, and exaggerates the promotional qualities of Neumeyer and his hired group of IR firms, as I have good reasons to believe that funds are responsible for the most part of the spectacular rise of First Majestic this year.

            Maybe the worst parts were calling a short on a go-to precious metal growth story in the midst of a bull market, and the failure to recognize the excellent allocation of capital during a severe bear market by Neumeyer, steering the company through rough times, hardly affecting its growth strategy and preparing it for the next upturn, which definitely seems to have arrived this year. If anything, it looks like First Majestic has strong leverage on silver prices, and for that reason alone the current bottoming process could be a nice entry point for precious metal investors.

          • On September 17, 2016 at 2:41 pm,
            Excelsior says:

            Yes, that is a great response by Critical Investor over at CEO.

            Thanks Markedtofuture.

          • On September 17, 2016 at 4:30 pm,
            LPG says:

            Saw the article headlines a few weeks back…but didn’t realize, fwiw, that it was him.
            The guy sounds “top smart”….
            Thx Capitan Shad.
            Best as always,
            LPG

          • On September 17, 2016 at 4:46 pm,
            Excelsior says:

            Good one LPG.

            All the best sir.

        • On September 18, 2016 at 9:17 am,
          OOTB Jerry says:

          Great info inside the report. Thanks Mtf

  11. On September 17, 2016 at 11:00 am,
    Birdman says:

    When analyzing gold in the next while it is probably prudent to start ignoring all the noise. Gold won’t be moving much because of the stock market, its own supply or demand fundamentals, war rumours, the Indian Wedding Season or even golds seasonal strong period.

    And it won’t be moving because of economic uncertainty, the upcoming election, COT reports, oil prices, Syria, Russia, Turkey, Saudi Arabia, Venezuela or even Chinese and Central Bank buying. Gold won’t be moving because of any of the popular narratives we read every single day.

    I can now tell you what is going to move gold though. And I can say it in two little words.

    The Euro.

    The Euro is going to begin its collapse this year. And it should start its sharp decline as soon as the Fed makes a rate hike announcement (if they hike) or it could begin in early October regardless of the Fed. I am not joking. That currency is coiled like an iron spring and its just primed and ready to break down any time now.

    There is almost no question in my mind about it anymore.

    Ironically enough a great deal of money has come out of the short-euro / long-dollar trade this year. Investors just got tired of hearing about Europe, Greece, the PIIGS after they never got properly rewarded for their bets as both USD and Euro have thwarted them and traded sideways and range bound for many months on end.

    For almost a year now actually. That can wear anybody down.

    That is all about to change though and it is going to come like a pig-laden freight train barreling down the tracks and scare the ever living shit out of almost everyone who placed the wrong bet on the Euro’s next move.

    Some people will be utterly destroyed in the process.

    After reviewing the charts I have concluded that the Euro is about to collapse back near its 2000 lows and that the start of its crash is virtually IMMINENT. What is about to happen could well end up being the biggest trade of the year. Or your biggest nightmare loser depending on what you own. European stocks could soar as one outcome though.

    Much as you might expect when any currency devalues too quickly.

    In the process though a massive deflationary wave is going to be unleashed on the world driving many commodities lower than we ever thought possible, taking crude Oil back to its February 2016 lows and then very likely into deeper red territory yet.

    There is a monster sized economic shock coming in other words and we had better understand what is happening when it arrives because being on the wrong side of this thing is going to eviscerate some portfolios.

    The US dollar will soar as one example and initially gold will sell off hard but the more negative effects will spill out into the most debt laden foreign companies and countries who will not be able to cover their USD denominated obligations.

    The response from European investors should materialize fairly quickly as Treasuries and US corporate and government debt with yield is sought urgently. A secondary response once the new trend is established is that significant amounts of money will abruptly find their way into the precious metals arena.

    So forget the usual blather about the why’s and the wherefore’s. There is always an analyst somewhere who will find a reason to link a major market change too some bit of news. And readers will as usual gobble it up as gospel.

    But what I am talking about here is a purely technical event. It is virtually preordained according to the chart and it won’t make any difference whatsoever what news of the day appears to be the trigger because it is going to happen anyway.

    The Euro is now setting up for its largest and most dramatic fall of the past 7 years and if I am correct it is going to be utterly devastating for most EU member states, their banks, their citizens, their pension plans and the corporates who are heavily indebted in US paper claims.

    I think in fact that we have finally arrived at the moment of reckoning that we have been discussing on this site for so many years now. The long term Euro chart is absolutely alarming in what it is telling us about the future for the global economy but exactly what all the final ramifications will be I cannot even begin to imagine.

    When gold does finally catch a bid after the initial sell-off it will rise relentlessly with the dollar for the next 18 months or more at my best guess and during that time we will enter the first stages of a global default drama that will go on for several years unrelentingly.

    There is some tough times coming. I think if we can just try to appreciate the technical based mechanism that is going to trigger it all though we can position for the best and hope to get out alive once the smoke finally clears.

    The Euro is going to break lower and collapse this fall. There is no way to stop it either.

    Euro on a monthly chart…….you have been warned (the Fed already knows btw. If they do in fact hike we will see a dramatic initial move down that will take us quickly to parity before the first bounce kicks in)
    http://finviz.com/futures_charts.ashx?t=6E&p=m1

    • On September 17, 2016 at 11:41 am,
      Al Korelin says:

      Look for an editorial on this very soon, Bird.

      • On September 17, 2016 at 11:46 am,
        Birdman says:

        Yipeeeee!

        Thanks Al. I was hoping you would pick up on the idea. I think this is baked in the cake, so to speak.

        • On September 17, 2016 at 11:54 am,
          Big Al says:

          I think that the “union” was a mistake from day one, Bird.

          • On September 17, 2016 at 1:14 pm,
            CFS says:

            There was nothing wrong with the Common Market free trade area.

            The concept was perverted by France and to a lessor extent Germany wanting to develop a political United States of Europe.
            Unlike the US, which has a common language and relatively short history, the EU has many languages and dialects and historical prejudices that have built up over centuries.
            There was a chance of unifying a central core of first world countries, but pushed by businesses wanting to exploit cheap labor, and by US run NATO wanting to include fringe ex-Soviet Union satellite countries, the EU became totally unwieldy and a bureaucratic nightmare.

          • On September 17, 2016 at 5:09 pm,
            Big Al says:

            Professor, you just summarized all the reasons that it was doomed from the start. By the way, of course I agree with you.

          • On September 18, 2016 at 2:17 am,
            Archdeacon (!) Andrew says:

            Ditto to CFS.

      • On September 17, 2016 at 3:38 pm,
        doug says:

        GREAT AL I am looking forward to it.

    • On September 17, 2016 at 1:29 pm,
      CFS says:

      The problem with the thesis that money will flee Europe for the higher interest rates in the US, is that there are increasing controls placed on European funds in many countries.
      Plus there is the beginning problem of double taxation. The US is beginning to have a nasty habit of taxing money leaving the US, so there is a problem with repatriation to Europe afterwards. There is a problem with US taxation of income and then European taxation of repatriated income. It is becoming a mess of bureaucratic rules, which is not worth the effort, unless you are a big hedge fund or similar.

  12. On September 17, 2016 at 11:17 am,
    b says:

    Well, thats a read I’ll read more than once.
    I hope you comment on the process regularly.

    A bit of a crisis that really could be profitable.

    • On September 17, 2016 at 11:21 am,
      Birdman says:

      Will do. We are on the cusp right now. Get ready.

    • On September 17, 2016 at 11:35 am,
      Birdman says:

      Just to give you an example of what I see coming b….just imagine yourself an Italian who is watching his Euro-based savings whither relentlessly in real terms day after day as the currency collapses and ask yourself what his response will be.

      The first action will be to get into dollars and out of the common currency. That’s the easy part. In stage two he will be asking himself what he should buy with those dollars. And that’s when the miners, corporate US debt and treasuries will soar.

      But gold itself will also be bid in euros by non-investors once they catch on to what is happening. I expect panic buying to erupt and substantial demand from all corners of the old continent to emerge.

      There will indeed be shortages of gold then and as Rickards has warned it could literally become unobtainable during the darkest part of the crisis.

      If you believe this is possible as I now do then we need to seriously consider gold BEFORE the Euro goes down. Check that chart I posted. A dramatic event is coming that is clear as day on that chart….we have already worked through 7 years of its rolling top.

      Only the last portion where we crash back to the mean remains to be completed.

      It is going to be one hell of a ride down (be glad you are not living over there).

      • On September 17, 2016 at 1:41 pm,
        Tad says:

        So Mr Birdman… that’s quite a conversion!
        In your Euro scenario above, which looks plausible to me, how does the GBP fare?
        What do you think the rough time frame is for the Euro to tank? 4 months or 4 years?
        Gartman do an etf that essentially goes long gold & short euro “GEUR”.

        • On September 17, 2016 at 2:01 pm,
          Tad says:

          Just read your previous post.… “Imminent. This fall.”
          Will read again and digest.…

          • On September 17, 2016 at 3:08 pm,
            Birdman says:

            That is what I think based on my reading Tad. Not many here will believe it so all we can do is wait and see what happens next. The euro could lose more than 20 cents in the next 18 months by my reckoning. I expect this to be a severe currency correction. Definately not your garden variety decline. And if Matthew doubts it will happen then its almost a guarantee!

          • On September 17, 2016 at 3:19 pm,
            Matthew says:

            What a con artist you are, Bird. In your ridiculously long piece above, you stated that “the Euro is going to break lower and collapse this fall.” Now you’re saying 18 months? Which is it? I think I caused you to lose your conviction, lol.

          • On September 17, 2016 at 3:29 pm,
            Birdman says:

            Nope, I said that the price collapse would *begin* this fall. Its in one of my daily posts today and in one of yesterdays posts. Go back and read them all and you will find it. 🙂

          • On September 17, 2016 at 3:51 pm,
            Matthew says:

            Nooo, you said “the Euro is going to break lower and collapse this fall.” Got it, ya nutter?

            “The Euro is going to break lower and collapse this fall.”

          • On September 17, 2016 at 7:07 pm,
            Big Al says:

            Common Bird, you are better than that.

      • On September 17, 2016 at 2:30 pm,
        Matthew says:

        I think it’s a little premature for such sensationalism. Yes the euro is likely going lower but there’s little reason to expect a catastrophic collapse.

        Daily:
        http://stockcharts.com/h-sc/ui?s=%24XEU&p=D&yr=0&mn=9&dy=0&id=p78380131617&a=477637674

      • On September 17, 2016 at 5:12 pm,
        doug says:

        Birdman I have enjoyed you take on the world this week end. One thing we have missed is that when nations get into trouble as we see, they most always turn to war. When you mix in the war cycles into the mix we are sure in a mess. Only God will be able to take care of our children and grandchildren.

        • On September 17, 2016 at 5:33 pm,
          Birdman says:

          Yes I sure agree with that Doug. I am sorry to say it but war is most likely the outcome once the damage is done and Europe is far too often a the center of the action. A friend of mine recently asked my opinion of why it was that most of Africa missed the first two world wars.

          I had an answer for him in a split second….because there is no damned money here!

          • On September 17, 2016 at 7:09 pm,
            Big Al says:

            That certainly is a part of it.

          • On September 17, 2016 at 10:49 pm,
            Birdman says:

            Yes Al, cynical but true. Remember when the US Air force was complaining back in the Iraq war that there were no decent targets worth wasting ammo on? They even had a term for it but I can’t recall what it was any more. And they were like “Ya’ll pack up boys cause we going home, ain’t nuthin worth bombing here”.

            It’s still like that here. Except there are a lot more Chinese restaurants than before!

        • On September 17, 2016 at 7:13 pm,
          Big Al says:

          Doug, In my opinion we are so very close to a major war that it is terrifying. Closer and closer every single day.

  13. On September 17, 2016 at 11:44 am,
    b says:

    Well, thats exactly as some people have been saying for some time now, years actually.
    By the way, Turks buy monthly wasnt too bad of advice eh? lol
    If ya dont hold it ya dont own it etc.

    For myself, Im ok with phyzz, Im really after hitting close to the bottom in shares.
    Geez this process could really be profitable, once in a lifetime as they say, I have a hunch this last bounce up is going to look like what it was, a bounce or blip.

    The real winners are going to be the buy and hold people that bought a few months ago. but there is going to be lots left to make.

    • On September 17, 2016 at 12:30 pm,
      Markedtofuture says:

      [KR967] Keiser Report: Lunatics & Economy

      Turk starts around the 12 minute mark

      We discuss negative interest rates, bans on cash and the one-percenters destroying dollar stores. In the second half, Max interviews James Turk of Goldmoneydotcom about the basket of deplorables that is the US economy. They also discuss gold standards and Special Drawing Rights.

      Read more at http://www.maxkeiser.com/2016/09/kr967-keiser-report-lunatics-economy/#qUlwMS9ifUSU51DJ.99

    • On September 17, 2016 at 1:42 pm,
      Tad says:

      Hope so b.

      • On September 17, 2016 at 1:58 pm,
        b says:

        There will b Tad, Well, thats just what I think.
        Dont know how you invest, but I pick a few shares and follow them.
        I dont find a need, nor have the coin to put on 100s.

  14. On September 17, 2016 at 11:54 am,
    Dick Tracy says:

    Bob M was the only person talking up Novo Resources probably about five to seven years ago when it was on that terrible Canadian securities exchange. He sure picked a winner, as soon as it flipped over to the TSX-V, I became interested. Thanks for all your hard work and due diligence, Bob. DT

    • On September 17, 2016 at 12:11 pm,
      Dick Tracy says:

      The Canadian securities exchange is an upstart and as such doesn’t get the recognition it probably will have in the future.

    • On September 17, 2016 at 12:11 pm,
      Excelsior says:

      +1 Agreed Dick Tracy. I saw Bob M. cover Novo before anyone else, but I do remember Jay Taylor covering it for some time as well. Now with the KER coverage, it has the trifecta coverage of champions.

    • On September 17, 2016 at 12:14 pm,
      CFS says:

      DT, Jay Taylor was the first newsletter writer to mention Novo, as far as I know.
      It was also mentioned by at least two other writers over the years.

    • On September 17, 2016 at 1:46 pm,
      Matthew says:

      Just before it added another 20% to its shares price:

      On September 14, 2016 at 11:30 am,
      Matthew says:
      Whether it melts up from here or just “cruises” higher, I have little doubt that the next big move will be up, not down…”
      ———

      Here’s an expanded and modified version of the chart I put up that day:

      http://stockcharts.com/h-sc/ui?s=NVO.V&p=W&yr=4&mn=8&dy=22&id=p25095412380&a=477192074

      It looks powerful; too bad I do not own it. 😐

      • On September 17, 2016 at 2:42 pm,
        Excelsior says:

        That was a good call Matthew. Keep em’ coming.

      • On September 18, 2016 at 12:12 pm,
        Bonzo Barzini says:

        I’m glad I listened to Moriarity and bought NSRPF@.64 and hope to see it@50. Thanks, Bob.

  15. On September 17, 2016 at 12:48 pm,
    CFS says:
  16. On September 17, 2016 at 1:01 pm,
    CFS says:

    Weather predictions are for a colder than normal winter in Europe:

    EU’s biggest gas producer running out of reserves
    The Netherlands is the EU’s largest producer of natural gas, and has used 80 percent of its reserves, reports the local CBS statistics office. This leaves the EU with two options: buy more gas from Russia or increase liquefied natural gas (LNG) imports.
    Sep 16, 2016 14:35

  17. On September 17, 2016 at 1:13 pm,
    b says:

    That what Ive read cfs, and Turkey looks like they are willing to work with Russia on that pipeline. south stream?

  18. On September 17, 2016 at 2:04 pm,
    CFS says:

    FINRA Rule 4320 defines threshold securities as any equity security of an issuer that is not an SEC reporting security and, for five consecutive settlement days, has:

    aggregate fails to deliver at a registered clearing agency of 10,000 shares or more; AND
    a reported last sale during normal market hours (9:30 a.m. to 4 p.m., ET) for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more.

    Two stocks mentioned in this forum are under RULE 4320 flags as of 9/16/16:

    Golden Arrow (GARWF) and Impact Silver (ISVLF)

    You may assume I own the above stocks and any that I ever mwntion under Rule SHO or Rule 4320 Flags.
    I typically check my stocks against failure to deliver list every couple of weeks, if I have time.

    In my experience, often appearance on these lists indicates that some scum broker is naked shorting these stocks. 90% of the time I trace it back to a Canadian brokerage that has issued or bought into a financing.
    A decade ago I tried repeatedly to get regulatory authorities to do something about this behavior, but one can only hit one’s head against a brick wall for so long before you are just self-inflicting pain for no result.

    • On September 17, 2016 at 2:20 pm,
      CFS says:

      I personally think High Frequency Trading should be made illegal, since it fleeces regular citizens fraction of a penny for each share.
      But the Regulators are clearly well bribed by the jobs they seem to get in retiring.

      • On September 18, 2016 at 3:11 am,
        Robert Moriarty says:

        CFS:

        High Frequency Trading is already illegal. The laws are simply not enforced since the exchanges all have a vested interest in keeping the commissions coming and the regulators need a home to go to when they give up their government job.

  19. On September 17, 2016 at 2:11 pm,
    b says:

    Hers some news for ya.

    The Americans just attacked the Syrian army.

    Storys on RT

  20. On September 17, 2016 at 2:30 pm,
    CFS says:

    Upside for silver?

    https://youtu.be/1DDBkPLzMZ8

  21. On September 17, 2016 at 2:41 pm,
    Markedtofuture says:

    The SEC’s Former Top “HFT Expert” Joins HFT Titan Citadel

    http://www.zerohedge.com/news/2016-09-17/secs-former-head-hft-expert-joins-hft-titan-citadel

  22. On September 17, 2016 at 2:44 pm,
    JohnK says:

    Are You Serious?
    He is a jealous attention seeker who has leapt at the chance to attack me because my idea has traction.And he didn’t think of it first.
    Are You Serious?
    I have not heard anyone else saying the Euro was about to go over the cliff,let alone anyone other than myself warning it was imminent.
    Jim Willie of the Golden Jackass,The Hatrick letter put out a rant on U-tube on September 1st,he details everything.
    The weekend July 23rd, someone did a review of the largest European Banks,complete with charts. I would post it but I can’t recall who did it. Anyway everyone of the banks charts looked like a ski slope.
    You are giving yourself way to much credit.
    In fact you are starting to remind me very much of Peter.
    https://www.youtube.com/watch?v=7OXVPgu6urw

    • On September 17, 2016 at 3:27 pm,
      Excelsior says:

      +1 Thanks JohnK.

      • On September 17, 2016 at 3:29 pm,
        Matthew says:

        +3 JohnK, that clip is PERFECT for the OBNOXIOUS Birdman.

    • On September 17, 2016 at 3:38 pm,
      Birdman says:

      Jim Willie?

      Enough said. He has made as many bold claims as he has bold face crazy claims. No validity whatsoever. Sorry, but outside this site I stick to reading legitimate analysis from qualified and reasonable people.

      • On September 17, 2016 at 3:59 pm,
        b says:

        lol
        Bird said he hadnt heard anyone else talking about a euro collapse.
        pretty simple.
        Anyone listening to Willie has a heck of a lot of time to waste imo.
        I sure miss everything he says, same as a few others, course the Bo Polny fans probly listen to willie.

        • On September 17, 2016 at 4:09 pm,
          Birdman says:

          I did tune in to the Jackass once or twice in the far distant past. But he is a mega-ranter. Some of the stuff he was saying was outright nuts and I dropped him on the spot. How can you get value there? Like trying to find an acorn in a gravel pit.

          • On September 17, 2016 at 4:42 pm,
            Big Al says:

            He is a bit “out there” in my personal opinion. And, in the distant past he refused to come on our radio show because we have time constraints. Very bright and very typical in the conspiracy business.

          • On September 17, 2016 at 4:46 pm,
            b says:

            Of course you listened to willie at one time, how else to find out there are others that is better time spent?
            I listened to him too, a couple times, but like bo polney thats all ya need to hear.

            I understand Johnk, its just to me, for the time I have I prefer others.
            Heck there are too many to list really.

        • On September 17, 2016 at 4:17 pm,
          JohnK says:

          b:
          Well timed investments and the patience to wait for them to come to fruition have rewarded me handsomely.
          Not only do I have the time to listen people considered on the fringe.I have time to fact check them and draw my own conclusions.
          Things may come to those who wait,but only the things left by those that hustle.

          • On September 17, 2016 at 4:37 pm,
            Big Al says:

            Is that kind of like “staying nimble and well-informed”?

        • On September 17, 2016 at 4:47 pm,
          Big Al says:

          A very perplexing thing that they do, b!

      • On September 17, 2016 at 4:06 pm,
        Birdman says:

        JohnK, my post had to do with specifically with the Euro.

        Mention of banks was merely a minor note I appended. We are all well aware of the problems there so no need to rehash any of it because it puts people to sleep. What we do not know about the bank problems however is what will cause them to bust. Do you know?

        So what I am saying (to be precise) is that it is the Euro’s fall that will trigger the default cycle and begin the process of rationalizing global over indebtedness and that the euro is in extreme danger right now.

        So this is idea is current based on my technicals and not some flight of fancy for one fine day down the road.

        And my ideas are not exactly current thinking on any of the gold blogs where there is a continued belief it is the dollar that must collapse in order to push gold up. This impending euro collapse is in fact the only meaningful and identifiable event that I can locate that will significantly impact precious metals prices to the upside during a deflation!

        Keep that part of the conversation clearly in your mind John……we are still deflating. Do commodities normally rise in deflation? Is gold not normally behaving as a commodity? You see, what you may not be putting together here is that a rising dollar is by default a deflation force on the entire commodity sector.

        The ONLY reason gold can buck that trend is that it becomes a sought after asset or near-money in the face of a complete loss of confidence in the underlying currency in question.

        And so my assertion is that Europeans will be the ones to set off the next gold rush as they scatter during a Euro debacle and they will bring about what we would not ordinarily see which is gold (and silver) bucking the overarching trend in resources.

        In other words, massive unexpected capital flows out of Europe during an impending financial crisis will propel precious metals upwards along with yen, treasuries, corporate debt and the dollar.

        That my friend is a little controversial and I might yet get my arse handed me if it fails to materialize just as I imagine. But I also think that the very definition of a global deflation caused by a dollar that rises in response to a falling euro will pressure crude oil below the lowest prices we have seen in many, many years.

        So while you may be reading some ideas here you have encountered before they have been repackaged by me in a way that makes sense to me and offer an alternative outcome to mainstream thinking.

        I doubt the algos are programmed for this yet.

        • On September 17, 2016 at 4:45 pm,
          Big Al says:

          The odds of the euro falling are a lot greater that the U.S. dollar falling and that is the point. Isn’t it Bird?

          • On September 17, 2016 at 4:53 pm,
            b says:

            Currencies come down, people move to the dollar as they still see it as a safe haven, then the dollar comes down, maybe due to countries dropping it (lower demand),SDRs.
            It is time for a reserve currency change after all.

            I can see people moving to the Ruble, I read the interest rate in Russia is about 5%, much better than negative.

            Rogers mentioned some time ago he was moving into the ruble and Russian markets.
            Buying unwanted cheap stuff.

            Just cause Willie was mentioned, did willie give such good advice?

          • On September 17, 2016 at 5:25 pm,
            Birdman says:

            It is indeed Al. The only way I can see gold making a sustained move up in conjunction with a rising dollar is if a major currency like the Euro or Yen were to implode. It just cannot be done any other way under our existing regime where commodities are inversely related to the USD.

            And it just so happens that we have just such a set up in the works right now. And that is how I have come to a conclusion that is a little radical if not downright controversial.

            Plus it’s great way to get the troops energized around here.

          • On September 17, 2016 at 7:11 pm,
            Big Al says:

            But certainly not all commodities.

          • On September 17, 2016 at 6:18 pm,
            JohnK says:

            b:
            Willie said to forget about the markets and put your money in physical.
            I like the 15% allocation better. Missing opportunities like we have seen in the last seven months is bad advice. I myself would be considered a conspiracy theorist by most.
            That being said there is is always a price to be paid for being ignorant and uninformed.

          • On September 17, 2016 at 7:03 pm,
            Big Al says:

            I personally think that no more than 15% in physical does not make a lot of sense. I was not by the way, referring to him necessarily as a conspiracy guy. What I should have said, and unfortunately did not, was a guy on the fringe.

        • On September 17, 2016 at 4:53 pm,
          JohnK says:

          Bird:
          I think pretty much everybody here realizes the perilous times we are in.I have a 4×8 white board in my office and across the top in big red letters it says,
          It’s a ticking fricking time bomb.
          My portfolio is fully hedged and I am 50% in cash.
          That being said,one cannot ignore the opportunities presented us here.For instance look at the last 30 days performance of Osisko Mining and Rock Tech Lithium.
          Naturally if the Euro goes down the dollar will go up,the only question left is when gold will decouple.
          Ms Yellen,Mr Draghi,and Mr Kuroda have assured us that in the long run,that the 15% of my net worth that was put in Gold Bullion will turn out to be one of the smartest thing I’ve ever done in my life. Thank-you Big AL

          • On September 17, 2016 at 4:55 pm,
            Excelsior says:

            +1 JohnK

            “It’s a ticking fricking time bomb” – well said.

          • On September 18, 2016 at 1:39 am,
            Birdman says:

            That’s a good allocation in my books JohnK. None of us really knows how bad things might eventually get and naturally we would all like to hope that the worst case scenarios don’t play out. It will no doubt come in shades of grey though with some nations suffering severe upheaval and others being relatively unscathed. I might have the best reason of most here to accumulate physical metals because some African inflation ranges so high depending on the country I am in. Plain vanilla dollars seem to mostly work best for the time being though.

          • On September 18, 2016 at 3:18 pm,
            b says:

            JohnK
            I have 10% phyzz gold and 10% phyzz silver, no idea whats right for anyone else.

            Who was it that told anyone to miss the last 6-7 months in the PM sector?
            I can see missing it if attention was else where but a diversified investor? You would think they would run 5-10% in PMs.
            Actually, what do I know? There are alot of investments in this world.
            PMs is kinda niche.

          • On September 18, 2016 at 3:22 pm,
            b says:

            Kevin OLeary for example, a billionare type fellow said he keeps 5% phyzz and wont touch PM companies and he is obviously extreamly diversified.

            Like Rogers when he was asked if he owned something, he responded “of course I own it,I own everything,Im a billionare”

      • On September 17, 2016 at 4:48 pm,
        Big Al says:

        I personally am convinced that the great majority of the folks here (both bloggers and guests) and both bright and reasonable.

    • On September 17, 2016 at 4:54 pm,
      Big Al says:

      John K do you mean like in “Grandich”?

      • On September 17, 2016 at 5:36 pm,
        JohnK says:

        Big Al:
        After hearing you recommend reading “The Creature From Jeckyll Island” I was never to be the same.

        • On September 17, 2016 at 7:08 pm,
          Big Al says:

          You can thank Jay Taylor for me reading it. It certainly does “shine a light” doesn’t it?

        • On September 17, 2016 at 10:53 pm,
          Excelsior says:

          One is never the same afterwards…..

          G Edward Griffin Creature From Jekyll Island Second Look at the Federal Reserve
          VIDEO

          https://www.youtube.com/watch?v=Dba9OY0QatU

        • On September 17, 2016 at 11:01 pm,
          Excelsior says:

          G. Edward Griffin — The Federal Reserve, Taxes, The I.R.S. & Solutions
          This video was originally published on Feb 17, 2014

          https://www.youtube.com/watch?v=SiJ9PKukFpI

        • On September 17, 2016 at 11:04 pm,
          Excelsior says:

          Edward Griffin about the FED at the Gold&Silver Meeting Madrid 2011
          Uploaded on Jan 3, 2012

          G. Edward Griffin, author of “The Creature from Jekyll Island”, talks about fiat money, inflation and gold in Madrid.

          He likens the debt and fiat economy to a drug addict and warns that the visible positive impact of stimulus is just a temporary fix that will eventually kill the patient.

          He also explains that the monetary aspect is inextricably linked to human liberty and that economic distress will have far reaching social consequences.

          He discusses inflation and deflation, explaining that new money creation is being offset at the moment by money destruction from deflating asset prices, but that eventually the economic “bucket” will overflow into massive inflation. He explains that inflation –that is the creation of new money- has redistributive effects and that the middle class is being hit the hardest in their loss of purchasing power and their savings.

          https://www.youtube.com/watch?v=o548n2ZP_Ls

      • On September 17, 2016 at 7:12 pm,
        Big Al says:

        Thanks Matthew I did not follow that link.

    • On September 18, 2016 at 9:34 am,
      OOTB Jerry says:

      Funny tape, just funny ,good timing.

      • On September 18, 2016 at 9:38 am,
        Excelsior says:

        “Did you hear the word? …….” – Peter Griffith

        • On September 18, 2016 at 10:05 am,
          OOTB Jerry says:

          Did not listen to,at this time , but have listen to Ed G. several times in the past .

          • On September 18, 2016 at 5:53 pm,
            Excelsior says:

            OOTB – I wasn’t talking about G. Edward Griffin, I was talking about Peter Griffin – The Bird is the word montage posted above from Family Guy. 🙂

          • On September 18, 2016 at 6:32 pm,
            OOTB Jerry says:

            I see that now. .

            Like you said,.hilarious! 🙂

          • On September 18, 2016 at 6:49 pm,
            Excelsior says:

            taken to the extreme!

      • On September 18, 2016 at 10:00 am,
        OOTB Jerry says:

        This posted in wrong spot. ,”bird’s the word” was just funny.

        • On September 18, 2016 at 11:37 am,
          Excelsior says:

          +1 Yes, that was Hilarious!

  23. On September 17, 2016 at 2:47 pm,
    CFS says:
  24. On September 17, 2016 at 2:49 pm,
    CFS says:
    • On September 17, 2016 at 10:57 pm,
      Excelsior says:

      Interesting the CME is getting with the Gold:Silver ratio interest. Thanks CFS.

  25. On September 17, 2016 at 3:07 pm,
    CFS says:

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

    chart behavior in PMs

  26. On September 17, 2016 at 3:19 pm,
    CFS says:

    DoJ corruption.

    https://www.youtube.com/watch?v=U97Hg7cQDqA

    Lock her up.

  27. On September 17, 2016 at 4:36 pm,
    Excelsior says:

    Westinghouse to Start First China (Nuclear) Reactor in 2017, sees Tens More
    MONEY NEWS | Fri Sep 16, 2016 – By Geert De Clercq

    http://in.reuters.com/article/westinghouse-nuclear-china-idINKCN11M1Q5?

    • On September 18, 2016 at 9:16 am,
      Excelsior says:

      The expansion of the Nuclear fleet of reactors in China will eventually mop all the reactors of Japan & Germany many times over if they never restart any of them. We just had a new reactor go live in the US this year as well. The Middle East and India are building and planning a number of reactors as well. The power supply is going to have to come from somewhere when all those utilities finally do enter the market and start buying. It may be a little early to position in the miners now, but I believe the spot price of U3O8 will start it’s upward trajectory in 2017, so I’m consistently buying dips and selling rips in the quality small producers, development stage companies, and top-shelf explorers so that when things do take off I’ll have core positions with a great cost-basis in place.

      Big Al & Cory – It was fun to get the update from GoviEx this weekend. Thanks!

      Good luck to all with their investing next week.

  28. On September 17, 2016 at 9:06 pm,
    Gator says:

    Well said DT……..

  29. On September 17, 2016 at 9:08 pm,
    Matthew says:

    Trump’s Sons Kill a Triceratops on Hunting Safari

    https://www.youtube.com/watch?v=Gc4Mi4ocyDw

    • On September 18, 2016 at 2:36 am,
      Archdeacon (!) Andrew says:

      Dear God in heaven Matthew! Which is worse – the Tricerotops fools or those who believe that it’s good John Wayne is backing Hillary!

  30. On September 18, 2016 at 12:06 am,
    Excelsior says:

    Why Has Gold Stalled?
    Adam Hamilton – Sep 16, 2016

    http://www.321gold.com/editorials/hamilton/hamilton091616.html

  31. On September 18, 2016 at 12:08 am,
    Excelsior says:

    Did the CME read my book?
    Bob Moriarty – Sep 16, 2016

    “In Nobody Knows Anything I spend some time discussing the silver/gold ratio and the gold/platinum spread. Given an entry at a favorable time, both trades are low risk and high potential with gold and platinum or silver doing nothing more than regressing to the mean….”

    (Check out the rest of Bob M’s article)

    http://www.321gold.com/editorials/moriarty/moriarty091616.html

  32. On September 18, 2016 at 12:52 am,
    Excelsior says:

    Interview with Joe Mazumdar at Precious Metals Summit

    09/17/2016 | Jordan Roy-Byrne CMT, MFTA | TheDailyGold

    Joe Mazumdar, the co-editor of Brent Cook’s Exploration Insights newsletter, joins us at the Precious Metals Summit in Beaver Creek to share his current thoughts on the junior sector.

    https://thedailygold.com/interview-with-joe-mazumdar-at-precious-metals-summit/

    • On September 18, 2016 at 1:09 am,
      Excelsior says:

      Overreaction to Small Up Move in Inflation Pushes Gold Down
      The Gold Forecast – Weekly Report VIDEO Analysis
      Gary Wagner – September 16, 2016

      http://thegoldforecast.com/video/overreaction-small-move-inflation-pushes-gold-down

      • On September 18, 2016 at 6:24 pm,
        Excelsior says:

        Rick Rule – Bonds or Precious Metals
        Published on Sep 14, 2016

        Rick Rule, the world’s most respected Credit Analyst, of ‘Sprott Global Resource Investments’ sits down with Maurice Jackson of ‘Proven and Probable’ to discuss his concerns regarding the United States 1) Debt, 2) Bonds, 3) the Politician’s Solution, 4) and why precious metals is the option that investors need to consider. Investors will greatly benefit from Mr. Rule’s 40 years of industry insights as he conveys the challenges that are ahead for the United States and how investors can preserve the capital.

        https://www.youtube.com/watch?v=1KZk-lEfboc

  33. On September 18, 2016 at 1:41 am,
    Excelsior says:

    I’ve had dozens of good chats about investing this weekend and we’ve been sharing ideas that are actually tradeable and have the ability to make people profits.

    We looked at mining companies, and I posted charts that I actually created, then discussed the technical indicators I was watching, and gave out some fairly precise support targets.

    You may try the same and quit beating a dead horse with your megaphone madness.

    Cheers sunshine!

  34. On September 18, 2016 at 2:37 am,
    Archdeacon (!) Andrew says:

    !

  35. On September 18, 2016 at 2:55 am,
    Excelsior says:

    PS – I did get back to you regarding Skeena back up top.

  36. On September 18, 2016 at 4:13 am,
    Skeeta says:

    But what happened to Sheena ? Lol.

  37. On September 18, 2016 at 5:45 am,
    Wolfster says:

    Gentlemen.I have been a listener to the reports for some time now but am a newbie to the comments section.I stopped reading comments sections for years because I grew tired of having to sift through all the garbage.I have enjoyed the insights and wealth of information that have been shared here and hope it continues.Hopefully this weekends transgressions are an aberration.I realize that being new here I am unaware of past transgressions but I’m hopeful that we can all stay focused on the task at hand which is staying informed as best as possible.(with the occasional bits of humour for added entertainment)

    • On September 18, 2016 at 8:21 am,
      Excelsior says:

      Wolfster, I appreciate your comments this weekend, and yes, it’s been years of “garbage to sift though” that is the exact problem. We’ve made the case for some time that it doesn’t encourage new listeners to post, and we’ve posted on how many contributors stopped (mostly due to the antics of one troll on here). We did have 3 others Heavy Hitter, crazy Mark, and Franky Xing/Xang that Big Al did finallly remove, and while all thoughts are welcome, those contributors only posted garbage.

      My personal mission has always been “staying as informed as possible” which you mentioned, but there are days were you just say enough is enough, and you pop the bully in the nose.

      Rest assured that most of the contributors here on the KER are intelligent, kind, and professional and offer great investing ideas all the time. There are still quite a few great ideas worth exploring on this blog alone, despite the side tangents.

      Thanks again for the heads up on correcting the ticker for Bonterra, and may you have a great week investing sir.

      • On September 18, 2016 at 8:39 am,
        Wolfster says:

        Right back at you from a fellow golden valley holder…..and yes I must admit I’m being selfish trying to keep you focused on the real task at hand which is making me money.Cheers.

        • On September 18, 2016 at 8:44 am,
          Excelsior says:

          Ha! Well, that is fine with me. Yes, let’s look for more good investing ideas and Golden Valley is a no-brainer layup of an opportunity, so I dump in a few profits from other trades once in a while.

          I posted some of the perks of a few more prospect generator stocks up above somewhere, but if you have any others that you think represent unique opportunities, please don’t keep them a secret 🙂

      • On September 18, 2016 at 8:41 am,
        Excelsior says:

        BTW – I’ve heard others very animated by Golden Predator, and saw your post up above when we were discussing Thom Calandra. I haven’t taken a deep dive into Golden Predator’s pros/cons yet, but what are some of the elements that you like best about their projects?

    • On September 18, 2016 at 8:38 am,
      Excelsior says:

      Wolfster – I appreciated your post on Auryn Resources as well. I believe you have posted some good support information on the benefits of Mexus Gold as well.

      Were there any other exploration companies in the Exploration or Development stage, or even the small producer area that you think represent a good opportunity?

      • On September 18, 2016 at 8:53 am,
        Wolfster says:

        Based on the size of your list all the ones I follow are already on it when it comes to gold.I am mostly area play oriented with the golden triangle plays and abitibi region being at the forefront….and also good management plays like Auryn and stay away from extremely risky political regions.One stock that I do consider undervalued would be nevsun.Probably is because they are entering the zinc level of their existing mine and still developing the other one they recently acquired

        • On September 18, 2016 at 9:30 am,
          Excelsior says:

          Yes, Nevsun gets a jurisdiction discount, but I am very intrigued to see how things develop with the higher Zinc grades you mentioned, and the assets in Serbia that they acquired from Reservoir Minerals. They also got all of the other exploration projects that Reservoir had in their pipeline (which were substantial).

          Arizona Mining and Eurasian Minerals have been knocking it out of the park lately with their Zinc and Silver drill intercepts. A few other companies with interesting Zinc credits are Tinka Resources, Constantine Metal, Vendetta Mining, Pasinex Resources, Zazu metals, Candadian Zinc, Heron Resources, Callinex Mines, and even Ivanhoe Mines.

          Some of them look very intriguing….. I Zinc.

          • On September 18, 2016 at 11:10 am,
            Big Al says:

            Thanks for this input on the zinc companies.

          • On September 18, 2016 at 11:11 am,
            Excelsior says:

            Glad to share Big Al. I just posted quite a bit more info on the Zinc companies further down in the thread for anyone interested.

        • On September 18, 2016 at 10:16 am,
          b says:

          UN estimates 300,000-400,000 enslaved in Eritrea – World – CBC News
          http://www.cbc.ca/news/world/un-eritrea-slavery-human-rights-1.3621631
          Jun 8, 2016 – WATCH | Nevsun in Eritrea: Dealing with a Dictator … describing extrajudicial killings, widespread torture, sexual slavery and enforced labour.

        • On September 18, 2016 at 10:21 am,
          b says:

          Wolfster:
          Human rights law suit might have something to do with a discount for Nevsun.
          Or maybe its not the lawsuit and just some people dont want to invest in slave labour.

          Nevsun lawsuit (re Bisha mine, Eritrea) | Business & Human Rights …
          https://business-humanrights.org/en/nevsun-lawsuit-re-bisha-mine-eritrea
          4, three Eritreans filed a lawsuit against Nevsun Resources in Vancouver, British … “Eritreans file lawsuit against Canadian mining company for slave labour and …

          • On September 18, 2016 at 11:14 am,
            Excelsior says:

            HUMAN RIGHTS IMPACT ASSESSMENT OF THE BISHA MINE IN ERITREA
            COMMISSIONED BY NEVSUN RESOURCES LTD
            ERITREAN NATIONAL MINING CORPORATION (ENAMCO)
            PREPARED BY: LKL INTERNATIONAL CONSULTING INC.
            05 AUGUST 2015

            2015 AUDIT

            (included are 76 pages of case studies, facts, and 3rd party audited findings)

            If you are interested in all the research that has been conducted on the topic and filed publicly for anyone to see.

            http://nevsuncsr.com/wp-content/uploads/2015/07/Bisha-HRIA-Audit-2015.pdf

          • On September 18, 2016 at 11:16 am,
            Excelsior says:

            Nevsun – Human Rights Impact Audit – 2015 Follow Up & 2016 Work Plan

            http://nevsuncsr.com/wp-content/uploads/2016/04/Bisha_Mine_Human_Rights_Work_Plan_2016.pdf

          • On September 18, 2016 at 11:46 am,
            b says:

            You have posted list after list, showing the multitude of investment options in the pm space.
            Some are so simple as brazil resources,first majestic or novo that a person could literally close his eyes for 5 years and show substantial gains.
            There are multitudes of others which you have repeatedly pointed out, really makes a person wonder why a person would choose to associate themselves with torture slavery,murder and pedophilia.
            There is only one reason I can think of.

          • On September 18, 2016 at 12:21 pm,
            Excelsior says:

            Ha. Yeah, you got it figured out B.

            B – if some jaded lady you knew claimed you were a rapist does that make it so? Normally individuals and companies are considered innocent until proven guilty, as anyone can claim anything and sue anyone for the most frivolous of claims. It’s a little premature to state something as a fact that is simply conjecture at this point from 3 “gold diggers” out of thousands that have been employed there.

            I don’t own any shares in Nevsun, and there is no evidence of any of those claims, but you act like they are fact. In contrast, there have been tons of audits and Human Rights Impact Studies done.

            I posted a 76 page audited study, that is in the public record, and addresses the topic you’ve raised. You may do well to read them, and then we’ll let the courts decide if any wrong doing was done and leave it at that. Make sense? There’s a good lad….

            I

        • On September 18, 2016 at 11:10 am,
          Excelsior says:

          From the Human Rights section of the Nevsun website:

          “Nevsun integrates the respect for human rights into its Code of Ethics, its operational policies and procedures, and in its operations. Our approach to human rights is evolving and ongoing and we are committed to international principles and guidance, as well as integrating the recommendations from our recently completed Human Rights Impact Assessment (HRIA).

          All of our recruitment procedures conform with Eritrean Law. As such the BMSC Human Resources and Employment Plan (the “HRE Plan”) has policies and procedures in place to protect against underage workers at its operations and only employs persons that are 18 years of age and older. Additionally, a formal identification card, a prerequisite for employment at the Bisha Mine, can only be granted once an Eritrean citizen reaches the age of 18.

          Specific to our Bisha operation, and in accordance with Eritrean Law, the HRE Plan also mandates that all applicants hired must demonstrate that they have been cleared from the Eritrean National Service Program. Both our contractors and subcontractors are in compliance with this documentation process, which is audited on a regular basis.

          A small number of Government of Eritrea and student demobilized workers are given the opportunity each year to take on a secondment at the Bisha Mine. This provides an opportunity for them to acquire real world operator experience in the mining sector and to work for a private organization at a much higher rate of pay over a period of six months before returning back to their regular employer. Those electing to select this option must freely sign-off on their willingness to join our workforce at their choosing for a specified period of time.

          During 2014, we did not receive any formal human rights grievances or identify any issues of non-compliance in respect to the use of national conscripts.

          ***A lawsuit was filed against Nevsun in November 2014 in the B.C. Supreme Court by three individuals who claim to have once worked with a local subcontractor at the Bisha Mine. The lawsuit makes human rights allegations against Nevsun and its local subcontractor. Nevsun denies the allegations and will vigorously defend itself against the claim.***
          The security standard at Nevsun’s operation is designed to assess risks and protect the Company’s people and assets in a manner which minimizes conflict and respects the human rights of its stakeholders. We ensure our security is managed in a way that respects and protects human rights, avoids creating and or escalating conflict, and addresses security threats in as peaceful a way as possible. Our security services are provided by a local Eritrean contractor and 100% of its employees are required to receive regular training in security protocols and procedures, which includes aspects of human rights including harassment, discrimination, and cultural awareness. We have adopted the Voluntary Principles on Security and Human Rights and implemented numerous policies to ensure all employees, contractors, and subcontractors are treated with dignity and respect at all times. In conjunction with the HRIA, Nevsun has embarked on a program to ensure its security contractor and relevant BMSC managers will meet on an annual basis to discuss the Company’s obligations with respect to the Voluntary Principles on Security and Human Rights.

          http://nevsuncsr.com/governance/human-rights/

          • On September 18, 2016 at 11:53 am,
            b says:

            the un estimating 3-400 hundred thousand slaves in eritrea is meaningless, what would they know?

            Its really surprising that Nevsun would deny/justify dont you think? sarcasim for those that didnt get it.

            Anyway, my point was mearly that is a reason for the “discount”.

          • On September 18, 2016 at 12:26 pm,
            Excelsior says:

            Eritrea is a cesspool. There is no doubt about that. However, transposing what a country has done to it’s people for a few decades has nothing to do with Nevsun’s operational record. They are apples and oranges.

            As for the reason for the discount, I mentioned that in my first sentence, and am in agreement. Now they are operating in Serbia as well on the properties they acquired from Reservoir Minerals, and they got their pipeline of projects that have expanded them into other jurisdictions as well.

            It will be interesting to see their operations continue to expand, and their track record of success continue.

            Cheers.

        • On September 18, 2016 at 11:13 am,
          Big Al says:

          Thanks for your comments on Nevson. I will definitely take another look at it.

          • On September 18, 2016 at 11:22 am,
            Excelsior says:

            Joe Mazumdar, Brent Cook’s partner at Exploration insights has followed NevSun’s success for some time and would be able to speak to the topic quite well.

            Eric Coffin of the Hard Rock Analyst also has covered Nevsun for a long time is quite well versed in their continued success in their mining operations.

            John Kaiser mentioned to us all here on the KER in one of the weekend segments about how attractive the assets at Reservoir minerals were, and that they would likely get taken out at a premium. Well Nevsun acquired them a few months back and those assets from Reservoir in Serbia and their pipeline of projects are truly world class.

  38. On September 18, 2016 at 6:06 am,
    Dick Tracy says:

    Ex, I like your commitment to this board and I am hearing others express the same thing about you. At one time in my life I was in charge of a crew of men, my main focus was always trying to keep others together and working as a team. If one person was causing trouble I had to let them go because you would lose production from all the others. That is what you pointed out and it is simple logic that applies to human behavior. Best to you, DT.

    • On September 18, 2016 at 8:12 am,
      Excelsior says:

      Thanks Dick Tracy. I appreciate the kind words, and I agree with your statement:

      “If one person was causing trouble I had to let them go because you would lose production from all the others. That is what you pointed out and it is simple logic that applies to human behavior.”

      I also agree with your second statement:

      “Al doesn’t appear to be willing to deal with Bird, until and if that happens I believe the only solution for the others who find themselves at odds, is by putting the offender on personal ignore.”

      For some reason, even after BM bulldozers through people’s contributions week after week, and has publicly insulted Big Al, Cory, and many of our guests on the show repeatedly (helping cause Gary Savage to leave) – Big Al doesn’t seem to remember it was Birdman at the root of the issues almost every time. Maybe Big Al misses the comments with BM is laying his droppings on the blog and doesn’t realize the extent, but for some reason even after the crowd here shoos him away time after time, he comes back like a bad zit. It is probably because he changed his name to Farmer in Canada and A Listener when he came crawling back a few times.

      As you know, I’m all for keeping the site focuses on investing info in the resource an energy sectors, and have pointed out a few different times when we had 100-200+ comments and NO DRAMA. You can guess who was absent on those blogs 🙂

      Regardless, I’ll work harder to just ignore his antics moving forward, but sometimes with a bully you got to hit back and send him a clear message that you aren’t going to take his crap any more. Now that we did, he wants to flip flop on his position of freedom of speech and all comments should be welcome, to the Sheriff of the PC police. Kinda sad is all.

      Thanks for

  39. On September 18, 2016 at 6:36 am,
    Markedtofuture says:
  40. On September 18, 2016 at 6:59 am,
    Markedtofuture says:
  41. On September 18, 2016 at 7:41 am,
    Ronny says:

    Gary Savage thinks HUI will hit an all time high in the next 12-18 months. I agree with him on this. The bull market is on and were gonna see new highs. Buy your favorite juniors and watch them grow. For years I have been thinking that October 2016 could be terrible for the markets. Just before the US election. Wouldn’t surprise me if there is a black swan event in the next month or so that crashes the market.

    http://ca.investing.com/analysis/chart-of-the-day:-hui-could-soon-be-testing-all-time-highs-200154007

  42. On September 18, 2016 at 7:57 am,
    Excelsior says:

    Bird, if you don’t like Skeena Resources then don’t buy it – Geesh……

  43. On September 18, 2016 at 7:58 am,
    Excelsior says:

    Archdeacon (!) Andrew ….. as for Sheena…..

    I remain of the opinion that Sheena is a punk rocker. That is what the Ramones say.

    All the best!

  44. On September 18, 2016 at 9:10 am,
    Richard says:

    Lots of great reading here. Thanks all.
    Many companies mentioned so I had to put in a plug on Timmins Gold. (T.Tmm). Debt free producer and working towards bringing a world class resource in Ana Paula into production. Very much undervalued compared its piers.
    They will be attending the Denver show. Do your own DD.

  45. On September 18, 2016 at 9:22 am,
    JohnK says:

    IROC Trading Halt. LOT.V Toma Gold.
    Thanks for this one Pete.
    http://www.stockhouse.com/news/press-releases/2016/09/16/iiroc-trading-halt-lot

  46. On September 18, 2016 at 9:39 am,
    Dick Tracy says:

    For the last three years I have been reading about the looming shortage for zinc, it hasn’t happened yet but I think now could be the time to pick up a few undervalued explorers at ridiculously low prices. What does anyone else think, how about you Ex. I know John K has been talking about IZN -TSX-V, for a long time and it has made about a 400% move from it’s low.

    • On September 18, 2016 at 9:49 am,
      Excelsior says:

      Yes, there is some momentum building in the Zinc sector for sure.

      We were just discussing Zinc up above in regards to the new Zinc levels that Nevsun is tapping into at present. I chimed in a few more Zinc companies I think represent some interesting value:

      Arizona Mining and Eurasian Minerals have been knocking it out of the park lately with their Zinc and Silver drill intercepts. A few other companies with interesting Zinc credits are Tinka Resources, Constantine Metal, Vendetta Mining, Pasinex Resources, Zazu metals, Candadian Zinc, Heron Resources, Callinex Mines, Solitario Exploration, and even Ivanhoe Mines.

      Some of them look very intriguing….. I Zinc.

      • On September 18, 2016 at 9:59 am,
        Excelsior says:

        DT – If you’d like a more complete list of stocks with ZINC exposure, here’s a place to start:

        Companies w/ ZINC Exposure Symbol

        AQUILA RESOURCES INC AQARF
        AVRUPA MINERALS LTD AVPMF
        AZ MNG INC WLDVF
        BOLIDEN AB BDNNF
        CALLINEX MINES INC CLLXF
        CANADIAN ZINC CORPORATION CZICF
        CHIEFTAIN METALS CORP CFTMF
        CONSTANTINE METAL RESOURCES LTD CNSNF
        FORAN MINING CORPORATION (NEW) FMCXF
        GLENCORE XSTRATA PLC (ST HELIER) GLCNF
        HERON RESOURCES LTD HRR HRLDF
        HORSEHEAD HOLDING CORPORATION ZINCQ
        HUDBAY MINERALS INC HBM
        INDEPENDENCE GOLD N.L. IPGDF
        INZINC MINING LTD LTHIF
        IRONBARK ZINC LTD IRBGY
        IVANHOE MINES LTD IVPAF
        KAZAKHMYS LTD KZMYF
        LUNDIN MINING CORORATION LUNMF
        MARGAUX RESOURCES LTD CRMNF
        NEVADA ZINC CORP GDSKF
        NEVSUN RESOURCES LTD NSU
        NYRSTAR NV NYRSF
        OROSUR MINING INC OROXF
        PASINEX RESOURCES LTD PSXRF
        ROX RESOURCES LIMITED RXXRF
        SLAM EXPLORATION LTD SLMXF
        SOLITARIO EXPLORATION & ROYALTY CORP XPL
        STAR MOUNTAIN RESOURCES INC SMRS
        TECK RESOURCES LTD TCK
        TERRAMIN AUSTRALIA LTD TZNZF
        THUNDERSTRUCK RESOURCES LIMITED THURF
        TINKA RESOURCES LTD TKRFF
        TREVALI MINING CORP TREVF
        VEDANTA LTD VEDL
        VENDETTA MINING VTT.V
        ZAZU METALS CORPORATION ZAZUF

        These are ones only available on the Australian Exchanges:

        Alara Resources $AUQ.AX
        Aurelia Metals $AMI.AX
        Consolidated Zinc $CZL.AX
        Energia Minerals $EMX.AX
        Golden Rim Resources $GMR.AX
        Macphersons Resources $MRP.AX
        Marindi Metals $MZN.AX
        Metalicity Limited $MCT.AX
        Metals Australia $MLS.AX
        Overland Resources $OVR.AX
        PNX Metals $PNX.AX
        Red River Resources $RVR.AX
        Rox Resources $RXL.AX
        Variscan Mines $VAR.AX
        Venturex Resources $VXR.AX

      • On September 18, 2016 at 10:00 am,
        Big Al says:

        Thanks Excelsior

        • On September 18, 2016 at 10:03 am,
          Excelsior says:

          There seems to be a fair bit of interest in Zinc in the marketplace again, so Dick Tracy is right to inquire about it. Maybe the next time you have John Kaiser on, in addition to Gold, Silver, PGMs, and Uranium, he could also touch briefly on the Zinc marketplace.

          • On September 18, 2016 at 10:26 am,
            Dick Tracy says:

            Thanks for the input Ex. DT

          • On September 18, 2016 at 10:33 am,
            Excelsior says:

            Glad to share ideas on Zinc. We don’t spend enough time on it really, but there are some interesting opportunities at present.

            I know you have to get to a birthday party, so enjoy, but come back and check later, and I’ll post some different corporate presentations to review.

            Also, I really recommend scanning up through the comments in the Zinc rooms from CEO, and I posted those links below as well.

        • On September 18, 2016 at 12:51 pm,
          Bonzo Barzini says:

          If you like zinc, silver, gold, and lead buy Hecla

          • On September 18, 2016 at 1:07 pm,
            Excelsior says:

            Yep. Hecla is solid.

    • On September 18, 2016 at 10:03 am,
      Big Al says:

      Look for more discussions on zinc this upcoming week.

    • On September 18, 2016 at 10:06 am,
      Excelsior says:

      Dick Tracy – We have a lively Zinc panel going over at Ceo so you may get some good ideas scanning back up through the comments in this room.

      There is a contributor ( a retired Zinc miner) named @ocotilloredux that has posted several of the most complete and best zinc articles in that blog that I’ve ever come across. It may take going up into the “older” comments from August and September though.

      Enjoy!

      https://www.ceo.ca/~zinc

  47. On September 18, 2016 at 9:56 am,
    LPG says:

    Avi’s latest audio interview – Short and sweet:
    https://soundcloud.com/financialexchange/avi-gilburt-elliot-wave-trader-gold-1
    LPG

    • On September 18, 2016 at 9:59 am,
      Big Al says:

      Thanks LPG

    • On September 18, 2016 at 10:10 pm,
      Excelsior says:

      Thanks for the Avi post LPG.

  48. On September 18, 2016 at 10:00 am,
    Bill says:

    Al
    Nothing changes here. I dont see friends but arguments.
    Birds been playing it safe. Mathew got it right. Moriarty is one ofnthe most oppinionated know it alls the world has known. Hes a contrarian and thats it. I said the dow was going too fly a few years ago. He said gold would do the same and then some. Gold was smashed.
    Wasnt the bond market here toast 6 years ago? First class idiot never mentions his pile of blunders.
    As for now there has not been enough liquidation in the pms. Ill take my commercial RE with ever increasing yields and it will be there to hand over to my children. I can sleep at night and gold bugs are idiots. Just like the stupid call on the end of cheap oil. Electrics are moving in which will help cap that. Look up Brickchain. Gold is a good conductor. In time paper and gold can be replaced just like the transition out of oil. Those are called white swans. Some people spend 24-7 dwelling on negative and you know who you are. My life is coming up roses. Im going for a burn in my electric now so have fun arguing and get a fricken life.

    • On September 18, 2016 at 11:23 am,
      b says:

      noc has gone from 40-200 in the last 5 years, pays dividends.
      Not that I invest in them, just sayin PMs are not the only option.

      • On September 18, 2016 at 11:25 am,
        b says:

        Actually, noc might have been a better place to be than PMs over the past years, excluding from dec-jan of course.

        • On September 18, 2016 at 11:35 am,
          Excelsior says:

          Northrop Grumman Faces $500 Million Lawsuit (NOC) By Daniel Kobialka | September 17, 2016 — 12:01 PM EDT

          “Northrop Grumman Corp (NOC) is facing a $500 million class-action lawsuit that alleges the company exposed Bethpage, New York residents to toxic chemicals. (See Also: Who Are Northrop Grumman’s Main Competitors? (NOC).)

          The suit claims Northrop Grumman did not properly warn residents about contamination of 600 acres of land in Bethpage, according to Newsday. In addition, the suit alleges residents were exposed to arsenic, cadmium and other dangerous chemicals.

          Fifteen Bethpage residents filed the suit against Northrop Grumman. They have submitted personal injury and property damage claims as part of the suit, along with a request that Northrop Grumman fund a medical monitoring program to evaluate the health of residents and the effects of extended exposure to chemicals associated with the contamination.”

          http://www.investopedia.com/news/northrop-grumman-faces-500-million-lawsuit-noc/?partner=YahooSA&yptr=yahoo

          • On September 18, 2016 at 11:58 am,
            b says:

            ahhh whats a few chemicals?
            5 bags in 5 years all the while paying dividends is all that matters.
            Nothing says a person couldnt sell now and move to…………PMs?

          • On September 18, 2016 at 12:01 pm,
            Excelsior says:

            Yeah, exposing people to arsenic, cadmium and other dangerous chemicals is worth the dividend for sure…….

          • On September 18, 2016 at 12:02 pm,
            Excelsior says:

            FYI – If you’re into exposing people to chemicals Bayer is buying out Monsanto.

          • On September 19, 2016 at 4:36 am,
            GH says:

            Wow, B.

            That you would tout a military industrial complex company when you’re consistently calling out the abuses of the MIC, and getting self-righteous about Nevsun…am I missing something here, or are you being completely inconsistent?

          • On September 19, 2016 at 4:58 am,
            Excelsior says:

            +1000 GH. I was thinking the exact same thing.

          • On September 19, 2016 at 9:20 am,
            Matthew says:

            +1001
            I’m glad someone bothered to point that out.

    • On September 19, 2016 at 2:23 am,
      Robert Moriarty says:

      Bill:

      In every market there are strong hands and there are weak hands. Because of your way of investing, you are always going to be the weak hand. You never bother telling anyone about the hundreds of emails you sent me wanting my advice and you got into some wonderful stocks including Novo Resources cheap. But you never learned to take a profit so you managed to sell at the bottom. And you always will because you are the dumb money who wants a GURU but only to have someone to blame. I didn’t make your investment decisions, you did. I never took a penny from you and until you because offensive beyond belief I responded promptly and politely. I kept all your threats and if I could get an address for you, I would turn them over to the police.

      You thinking the Canadian real estate market is the very best place to invest is the closest thing to a kiss of death that could happen.

      Get a life and come back to chat boards when you have grown up and take some responsibility for your own decisions.

      Or better yet, find some chat board called Canadian Real Estate for dummies and sign up. You will fit right in.

      • On September 19, 2016 at 8:46 am,
        Bill says:

        Bob I never blammed you for losses so not sure what your talikg about??
        Ive a small pile lately on PMs.
        My RE is in the USA and Canada so I dont know what hell your talking about again??
        My shit is bullet proof. You know why? Because if the bond market ever does blow up 15% int wouldnt affect me at all.
        I was able to retire at 45yrs. How many can say that in a nation.
        I might give you the respect you deserve if you own up to your stupid calls.
        Youve made some great ones but so have I.
        Mine were RE to bounce back in the US and the Dow to fly. Wasn`t sure on gold so I didnt own any thank god. Dow was a great place to be while pms cratered.
        I dont invest much anymore. I have 2 companies to run. Its wsy mre intesesting then sitting on a chat board talking about paint drying. I allow myself 1-2 hrs a month just to see the continuing insanity about the end of the world and the coming gold boom.
        A friend called me a short while back and asked about gold so i knew it was time to exit for a while lol

      • On September 19, 2016 at 9:03 am,
        Bill says:

        Ya get it? Hes THE weak hand.
        Maybe ill write a book..I warned some family memebers about the likely hood of a RE crash way back. Acouple lost their houses and everything else. They didnt believe me as the boom was going to continue. Sad indeed.

  49. On September 18, 2016 at 10:19 am,
    Dick Tracy says:

    For me it will be interesting to see if Novo Resources gaps up again tomorrow morning, all I can rely on are fundamentals. DT

  50. On September 18, 2016 at 1:15 pm,
    Excelsior says:

    This weekend show with over 400 comments has so many great mining companies offered by everyone, and so many investable ideas.

    One of the best WE shows on the KER in a long time and tons of companies to keep researching and it is going to take some time to follow up on all the great opportunities everyone brought to the table.

    Much appreciated guys!

    Everyone have a great rest of the weekend and a great next week in the markets.

    • On September 18, 2016 at 11:57 pm,
      Birdman says:

      You also posted about 50 gratuitous negative posts that had absolutely nothing to do with investing so you are a hypocrite. And you think that because I wrote some comments 6 months or a year ago you didn’t like it means you have a passport to be an a$$hole anytime you please.

      I was trying to get discussion going here on the Euro. did you forget about that when you went off on your usual bloviating rants against me. Please refer to the “terms of use” hypocrite.

      • On September 19, 2016 at 4:56 am,
        Excelsior says:

        Wrong. I posted a nice message thanking everyone for their input, and like you have done for years, you came along and were negative, started it and were a pest.

        You’ve acted like this for quite some time, and history may not repeat but it typically rhymes. Nobody has upset or run off more people from this blog than you Birdman.

        You’ve apologized to Big Al and Cory multiple times for being a nuisance, only to start drama and trolling peoples comments all over again. You seem like a somewhat bright guy, but it isn’t worth the trade off with you, because you love to antagonize, insult, and ruin positive threads. This weekend you just got back a bit of how you act towards others……

        Bob M asked if you were going to play nice last month and here was your response:

        —-> On August 9, 2016 at 12:02 pm,
        Robert Moriarty says:

        “Birdman:
        I thought you were going to stop being a giant loudmouth asshole all the time.”

        —- > On August 9, 2016 at 1:03 pm,
        Birdman says:

        “I lied. 🙂 “

        Your true intentions have been to disrupt, attack, and insult all gold bugs as idiots or bug tards, you revel in being a bear, but you are no good at it. I know many successful bearish investors and they don’t buzz around pissing everyone off as a pest.

        You are nothing more than a Blog Mosquito and we get your true intentions here:

        https://www.google.com/search?q=mosquito&biw=1536&bih=888&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjs5_7frZvPAhXk44MKHZBPCQwQ_AUIBigB

      • On September 19, 2016 at 5:02 am,
        Excelsior says:

        I don’t have any more time to devote to your BS, so don’t bother coming up with yet more silly responses. Just treat people on here with respect or buzz off.

    • On September 19, 2016 at 5:07 am,
      Excelsior says:

      Obviously ignoring a mosquito doesn’t work. You need to swat it away or squash it.

  51. On September 18, 2016 at 3:00 pm,
    Chartster says:

    Great comments on companies this weekend. Thanks
    Silver, zinc and copper companies are looking good…even if silver has a ways to go. Soon it’s going to be “the asset”.

    Phew…and the shots across the bow.. ( entertaining for sure )

  52. On September 18, 2016 at 5:22 pm,
    Wolfster says:

    Re:Zinc…..I might be biased since I own them both but as far as producers go I think trevali is the one to own and on the explorer side I favour callinex at its present level

  53. On September 19, 2016 at 4:49 am,
    Bobby says:

    The seasons must be changing, Bird is at the top of his game and others continue to spew. only one missing is dennis.

    • On September 19, 2016 at 9:18 am,
      Matthew says:

      Shows what kind of guy you are to see it that way.

      • On September 20, 2016 at 6:03 am,
        Bobby says:

        keep on spewing!

        • On September 20, 2016 at 6:26 am,
          Matthew says:

          And you keep deluding yourself!

    • On September 20, 2016 at 8:04 am,
      Birdman says:

      Thanks Bobby!

      • On September 20, 2016 at 8:50 am,
        Matthew says:

        You’ve got some REALLY intelligent followers, Bird! Lol 🙂 🙂 🙂

        • On September 20, 2016 at 9:24 am,
          Birdman says:

          Indeed I do. Bobby and I both thank you for mentioning it.

  54. On September 19, 2016 at 5:15 am,
    jhpace1 says:

    *****************************************
    Technical (as in, this radio/audio show) note! Segment 8 with Big Al, Cory, and Axel Merk is flip-flopped with Daniel Major’s Segment 7!