We get an exclusive update from First Mining Finance
After getting an update from the guys over at First Mining Finance in New Orleans I wanted to bring on the President Patrick Donnelly to share the direction the Company is taking in 2017. After acquiring a wide range of properties over the past two years the Company is going to undertake a drill program of around 25,000 meters in total. Listen in to find out the properties they are focusing on and what they hope to prove out.
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Pardu,
I appreciate the sentiment and the encouragement for the youth as I am also in your generation. I am frankly appalled at the attitudes of those who are being labeled as “snowflakes” and their inability to face life’s challenges with any degree of grit or determination.
I have to contrast this feeling somewhat, though, in that I feel that the antics don’t really truly reflect on the entire generation and that many (most) are simply trying to wend their way through life as best as they can understand it. It also doesn’t help that a bunch of boneheads of my generation have filled their heads with a bunch of fluff (and so I think we are somewhat to blame as well).
I also think that this generation is growing up with challenges that were not faced by earlier generations, such as the rise of globalism and the corporatocracy of America which has resulted in dimmed prospects where jobs have gone overseas and a college education doesn’t mean very much. On top of that they are saddled with college debts which will be very difficult to pay back with salaries that barely meet living expenses.
And, health care expenses and taxes are way beyond anything previous generations had to deal with, let alone the real inflation going on with things that you actually NEED to buy.
Where will they get the income they need to purchase the homes and marry and raise children? In short, their dreams have been or are being dashed and they do not see the possibility of reaching the standards of living enjoyed by their parents.
Meanwhile they had a socialist like Bernie Sanders giving them false hopes that someone (government) would come to their rescue and probably mistakenly felt that Hillary would also have their best interests in mind had she been elected.
So, in some sense I feel for the young who are completely rational in reacting based upon their conditions as well as upon their conditioning.
I truly believe, though, that the election brings hope that change will actually come this time and that their prospects may actually improve.
So, I think we just need to give them a little time to come to their senses.
I think that when they get to be our age they will likely be able to look back with some satisfaction on their accomplishments and will see that things were not as bad as they imagined them to be.
Good thoughts Pardu, but it’s not all the young ‘uns fault.
So much has changed since your father’s generation. At that time there was community and civic life. The majority of the population was still rural. Three of my grandparents were born in 1918. This was just a couple short years after folks like Edward Bernays began broadcasting scientifically designed propaganda to manipulate the population. There weren’t televisions piping sewage into every home. They hadn’t been born into culture wars where it’s ‘racist’ this, ‘sexist’ that. Millenials are being born into a society that has been marinated in highly sophisticated propaganda for a century–the US must be the most heavily and effectively propagandized population in human history.
Or, if we are to look at the baby boomers. Sheesh. They protested war in their youth, and give it a total pass in their old age. They and their parents spent the country into a hole and expect their children and grandchildren to pay all the debt they racked up plus their social security and medicare.
So yes, I also find the current social landscape ugly and worrisome. And I can’t stand what passes for the ‘left’ these days. But there’s plenty of responsibility to go around.
Bottom line, though, the horrible state of the country is due to the oligarchy that runs it–the folks the Clintons and Bushes work with and for. They didn’t want critical thinkers, and they didn’t want individualists. So over a century ago they began to twist the schools and dumbed the populace down. They didn’t want the populace to unite in opposition to policies that favor the oligarchs, so they fomented all these culture wars to divide us against each other. Etc. Call me a kook, but i.m.o. the current state of the USA is due to massive social engineering by megalomaniacs and sociopaths.
Well said…..imho
“I would ask if Trump is more difficult to endure than a great depression or a world at war. I think a Trump presidency, however one might see it, is a pretty small problem to face when compared to what my father and his generation faced.”
You may have spoken too soon. At least we dodged the Hillary bullet, but I still think there’s a very good chance that another depression or major war is imminent.
Silver lining, it ought to wring the foolishness out of those wailing and pulling out their hair over the Trump win. :-/
Hi Cory,
Thanks for your reply yesterday!
The next time you do an interview with Doc and discuss gold and the miners, do you mind throwing up a chart with annotations regarding the technicals discussed. Im curiuos to see it visually. Im guessing doc is focusing on the monthly, but maybe its the weekly. I know he has been expecting this move, but the power of the move down since the election makes me wonder…. has the narative changed , was mr market predicting this all along, or was the election irrelevant cause this was going to happen regardless.
Anyway, as always, thanks to you and Al for all your hard work here.
On a side note, I dont know how you guys monitize your work here, but have always wondered why you havent set up an amazon “click through” button. Just a thought. Thanks again
Hi : My gold stocksplunged today. Why i dont know. Bond markets very unsettled Trump uncertainty . Trump wants to hire some strange people for his cabinet etc. Plus trump is still twitering many times a day. look for wild swings in stocks and bonds. I think gold and silver will do well in 2017 as middle east is very iffy. love to you all S
Thanks GH and Mike, you both made some points and sentiments I agree with. I hope I did not come across as implying that all or most of the youth today are in the category I was talking about. Just as most in my generation did not contribute to the chaos during VietNam (I, instead joined the Navy and never got involved in the chaos). My greatest hope is that the energy of those who are creating some of the unrest be put to greater good. History bears out that most youth do mature and go on to pursue more worthwhile goals than that of agitation for the sake of it or because it is the trend. I hope that those who feel disgruntled about the challenges of this day and age demonstrate the same character and grit demonstrated by those in the so called greatest generation to address these challenges. I, for one, am an optimist and know things usually work out in the end, but I must admit, that it is very discouraging to see how our culture is struggling today and I wish only that calm and civil discourse would dominate our landscape. One can always hope.
Big Al, I don’t mean to say too much and take up too much space on this blog, but I see something happening in the country that is disturbing. My father was of the WWII generation, a generation that grew up in the depression and became labeled the “Greatest Generation” largely due to how they overcame the difficult challenges of their day, such as the depression and world war. That generation produced young people of great ability, people who matured quickly to face the responsibilities required of them. When I, as part of the 60’s generation grew up, many of my father’s generation were appalled at how the young people of my day comported themselves, which was the antithesis of how they faced the challenges of their day. Now that I am 70 and see the antics of many of the younger generation, I can relate to my father’s concerns. When I see so many of this younger generation fear a Trump presidency because they believe they will lose their free health insurance or that they will lose some other entitlements, which the WWII generation never had any of, and when they protest and begin to destroy property and injure others because they did not like the result of the election, I wonder what kind of a younger generation did their parents raise? My father’s generation had to pull themselves up by their bootstraps, so to speak, and grow up and conquer the challenges before them. many in this generation seem to want everything they want given to them with little effort on their part. There seems to be a great lack of a willingness to grow up and roll up their shirtsleeves and start to become self reliant and make their way in the world on their own two feet and with a solid work ethic. Too many, I fear, still rely too much on their parents and are fearful to face the challenges of this day. Perhaps because they have been enabled by parents who never allowed them to fail at anything or who over indulged them in some ways. It is not my place to judge and to paint with a broad brush, but I see a significant percentage of such behavior among the young people in this day. To those young people who think Trump is too great a disaster to overcome and wish to lash out by hurting others and destroying other people’s property, I would ask if Trump is more difficult to endure than a great depression or a world at war. I think a Trump presidency, however one might see it, is a pretty small problem to face when compared to what my father and his generation faced. Perhaps it is time for those so disposed to grow up and to face the challenges of this day with confidence, faith and a willingness to work hard for what you desire, but do so with civility, character and without harming others. It is time for the young people of this generation to rise above the petty incivility, anger, and destructive behaviors, which neither help your position and point of view, but diminish it in the eyes of others who are law abiding citizens.