Weekend Show – Sat 21 Jan, 2017

A Temporary Gold Breakout and Global Asset Correlation

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On this week’s show we focus on yields and global money flows for the first hour and gold and gold stocks for the second hour. It was a tame week for the markets outside of Trump’s comment on the dollar that caused some short term swings. Moving forward we continue to be in uncertain economic times and investors are having trouble going all in on any one asset.

Just a reminder if you are in the Vancouver area on Sunday or Monday, swing by the Vancouver convention center for the Vancouver Resource Investment Conference. I will be at booth 1105 and speaking on Monday at 11:40am.

  • Segment 1 & 2: Chris Martenson, Co-Founder and CEO of Peak Prosperity, discusses the massive drop in the global correlation of assets and the concept that central banks follow on the way up. Click here to visit the Peak Prosperity website.
  • Segment 3: Greg Melia, President of Melia Advisory Group shares his views of why he does not believe in the US equity markets.
  • Segment 4: Fund Manager Dana Lyons looks at the COT reports for US Treasuries and finds some extreme levels. Click here to visit Dana’s My401KPro site.
  • Segment 5: Managing Partner at the CPM Group in New York, Jeff Christian outlines the big issues for the precious metals in play for 2017.
  • Segment 6: We get an update from Exeter Resource President and CEO Wendell Zerb on the recent news that helps move the Caspiche project forward. Click here to visit the Exeter website.
  • Segment 7: Mariana Resources also came out with a PEA this week was showed some great results. Glen Parsons, CEO of Mariana provides a great overview on the numbers. Click here to visit the Mariana website.
  • Segment 8: We wrap up the show with Ned Schmidt, Founder of Value View Gold Report and his comments on the gold market.

Here is the chart from segment 1 with Chris Martenson outlining the global cross-asset correlation.


Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show


Featuring:
Chris MartensonDana LyonsJeff ChristianWendell ZerbGlen ParsonsNed Schmidt
Cory Fleck
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Comments:
  1. On January 21, 2017 at 5:13 am,
    CFS says:
  2. On January 21, 2017 at 5:13 am,
    CFS says:
  3. On January 21, 2017 at 5:33 am,
    CFS says:

    Segments 1 and 2:
    We have never had so much collusion between central banks in all of history.
    The level of interest rates was the lowest in ALL recorded history; 5,000 years.

    As someone who worked for OXFAM in the sixties, let me state that the organization is now dominated by pure Marxists. I would never believe any statistics generated by them.

    • On January 21, 2017 at 5:51 am,
      OOTB Jerry says:

      ditto

  4. On January 21, 2017 at 6:05 am,
    CFS says:

    Re: Segment 5:
    The price of Precious metals will be less determined by the US in future.
    https://www.bloomberg.com/news/articles/2017-01-18/china-investors-find-comfort-in-gold-etf-amid-capital-outflows

    • On January 22, 2017 at 4:05 am,
      Excelsior says:

      That was a nice short video on the Chinese economy embedded in that article.

      Thanks CFS.

  5. On January 21, 2017 at 8:21 am,
    Silverdollar says:

    Dan Lyons thoughts on speculators being extreme holders at turns is the same as Adam Hamilton’s beliefs on speculators of gold futures……..Says a lot to me if one is investing in gold. http://www.321gold.com/editorials/hamilton/hamilton012017.html

    • On January 22, 2017 at 4:08 am,
      Excelsior says:

      Ha, Just realized that you already had the Hamilton link posted, but thought it was a link to Dana Lyons based on the preceding comments. Good work sir.

  6. On January 21, 2017 at 8:23 am,
    Matthew says:

    Tim Wood still thinks gold is going to take out its 2015 low…

    http://www.howestreet.com/2017/01/19/will-gold-dip-before-major-rally/

    • On January 21, 2017 at 10:18 am,
      Matthew says:

      I disagree with Tim, btw & fwiw.

      • On January 21, 2017 at 10:50 am,
        Excelsior says:

        gtk

    • On January 21, 2017 at 5:40 pm,
      RICHARD/DOC says:

      I believe the odds of that are about 20%

  7. On January 21, 2017 at 8:23 am,
    Excelsior says:

    Gold Mining Stocks Are Poised to Soar More Than 1,000%
    By DAVID ZEILER, Associate Editor, Money Morning • January 20, 2017

    http://moneymorning.com/2017/01/20/gold-mining-stocks-are-poised-to-soar-more-than-1000/

    • On January 21, 2017 at 8:30 am,
      Excelsior says:

      Gold and Uranium Miner Update as the Trump Era Begins
      Friday January 20, 2017 – David Erfle

      http://www.kitco.com/commentaries/2017-01-20/Gold-and-Uranium-Miner-Update-as-the-Trump-Era-Begins.html

      • On January 21, 2017 at 8:32 am,
        Excelsior says:

        Gold Futures Looking Bullish

        Adam Hamilton – Jan 20, 2017

        http://www.321gold.com/editorials/hamilton/hamilton012017.html

        • On January 21, 2017 at 8:35 am,
          Excelsior says:

          MINING STOCKS BULL MARKET

          A longer term view of the 20 month moving average on mining stocks suggests that a new bull market is well underway. This moving average has not only been recently retested but is rising as in previous bull markets. The negative sentiment extreme reached several weeks ago is providing the fuel for this first leg higher.

          https://blog.smartmoneytrackerpremium.com/

          • On January 21, 2017 at 8:39 am,
            Excelsior says:

            Weekend Review – Peaceful Transfer of Power Signals Beginning of New Era
            January 20, 2017 – Gary Wagner

            President Trump’s Words Lead to Higher Gold Prices

            “Gold had been trading quietly throughout the evening session, in a defined narrow range, with an intraday low of 1198. Just prior to the inauguration, gold in essence, was unchanged on the day, trading roughly at $1201 per ounce. However, gold prices jumped dramatically immediately following President Trump’s inaugural address to the nation. This alludes to the fact that his inaugural speech and its populous overtones characterized the timbre of his message.

            This caused gold futures to spike to an intraday high of $1214 per ounce, and as of 4 PM EST, gold is trading at $1209 per ounce, gaining approximately seven dollars on the day. …”

            http://thegoldforecast.com/video/peaceful-transfer-power-signals-beginning-new-era-0

          • On January 21, 2017 at 10:42 am,
            Excelsior says:

            Gold Looks Bullish
            by @Goldfinger on January 21, 2017

            https://www.ceo.ca/@goldfinger/gold-looks-bullish

          • On January 21, 2017 at 6:03 pm,
            Excelsior says:

            Another good chart from Goldfinger, highlighting a subject we’ve noted on here numerous times over the last 2 years the Dollar / Yen to Gold correlation. It will be curious what causes this correlation to eventually break down. But for now, it’s pretty clear they appear to be tracking incredibly closely.

            ___________________________________________________________________________

            @Goldfinger – “Another undeniably strong $gold correlation, this time with USD/JPY: ”

            http://cdn.ceo.ca/1c87n8j-IMG_5085.JPG

        • On January 22, 2017 at 1:52 am,
          Archdeacon (!) Andrew says:

          Thanks for all the posts Ex., A

          • On January 22, 2017 at 4:10 am,
            Excelsior says:

            Glad to share ideas Archdeacon (!) Andrew. Isn’t that what weekend shows are for? (ha!)

      • On January 21, 2017 at 9:47 am,
        b says:

        By DAVID ZEILER, Associate Editor, Money Morning • January 20, 2017

        A List of Marijuana Stocks to Watch in 2017 – Money Morning | Invest …
        investincannabis.ca/a-list-of-marijuana-stocks-to-watch-in-2017-money-morning/
        A List of Marijuana Stocks to Watch in 2017As a service to readers, we’re now making available a 90-page cannabis investing guide called The Roadmap to …

        Money Morning have been running alot of ads saying pot stocks can make you a millionaire.

        • On January 21, 2017 at 9:49 am,
          Excelsior says:

          there were definitely some high flyers in 2016, and seems reasonable to expect some more in 2017….

        • On January 21, 2017 at 10:12 am,
          OOTB Jerry says:

          Pot is going to have a ruff time , with the new administration………

          • On January 21, 2017 at 12:27 pm,
            b says:

            The U.S. market is risky, thats for sure.
            akin to jr mining.

            Canadian is a dif story, at this point, its as close to a guranteed win ya can get.
            I personally prefer the companies that are profiting now.
            check theyre expansion plans, that are happening now, and figure the profits on 100% sales.
            Demand can not be met(just in Canada) by existing companies, and it takes 1 yr to 18 months just to get licensed, if legalization happens in 2017(already planned) it could still be a year before more companies even begin to supply.
            = 100% sales as far as the eye can see.

            Imagine what would happen to say Sears shares, or catipiller shares etc if that was the case.

            Your right Jerry, pot could have a ruff time in the states, until Trump realizes the tax dollars it brings in of course.
            He is a capitalist after all. lol

          • On January 21, 2017 at 12:39 pm,
            OOTB Jerry says:

            b…good point on the Canadian market for weed.
            Tax revenue have some advantages…….like in highway funding, a little pot for the pot holes.

          • On January 21, 2017 at 12:51 pm,
            OOTB Jerry says:

            but, on the other hand the Christian right , which was important to the winning of Trumps campaign , will be a little harder to sway. Any revenue from taxes will be over weighted with the expense of addiction and cost of prevention and cure.

          • On January 21, 2017 at 2:08 pm,
            b says:

            addiction and cure is a fallacy jerry. The # actually addicted is beyond miniscuale.

            there is nothing to cure, but maybe we cant have people knowing that, the drug companies might be planning something.

            it is funny to hear people talk about addiction to pot, they had a young girl on the news the other night “Im addicted” lol, stop smoking it ya dumb putz.

            in about 3 days there is no more desire or urge, try quitting cigarettes, THATS addiction.

            I have known people addicted to alot of things, booze,gambling,sex, heroin, fishing, hunting, football….the list goes on, but not once have I ever met a person addicted to pot.

            I have known many growers, everywhere Ive worked and done business,
            I have known countless pot smokers, I was in the forces, more pot heads there than anywhere else I have ever been.
            If a person didnt meet pot heads where ever they went, its because they dont partake, the “heads” dont mention it to them.

            too strong thc content?, mix it with something, dont smoke so much….duh.
            Like people cant figure 150 proof liquer is strong, course people are stupid.

            The reason its being legalized in Canada is two fold, enough Canadians have been smoking long enough to know all the bs about pot is just that, bs, the other reason is people are tired of supporting the criminal element and prefer to pay taxes on it.

            heck, christian investors make money on killing the ocean,slave labor,bullets and bombs etc
            when/how did pot get to be immoral? lol

          • On January 22, 2017 at 4:50 am,
            OOTB Jerry says:

            “the number is beyond miniscule”(sp)……which is it, addition or no addition ?

          • On January 22, 2017 at 6:27 am,
            OOTB Jerry says:

            POT addition is a progress illness, leading to other drugs………according to google it…

          • On January 22, 2017 at 9:23 am,
            b says:

            propoganda jerry, google or not.

            Im in my 60s Jerry, as I said, Ive known countless pot smokers. from alotta walks in life.
            never,ever,not one person have I ever known to be addicted to pot.
            Also, I have never known anyone that has known anyone addicted.
            There have been pot smokers all around you all your life…they just dont tell you.

            Im the cop in an itty bitty town and I dont get much pay,
            but I caught 17 outta state cars and 4 of my friends today,
            I let the home town boys go home, they paid $5 bail, but all the divers in the outta state cars had to go to jail.
            They hollered and they moaned they cried and they groaned, they all swore that theyd sue,
            but the judge was hi and so was I and we needed the money too.

            https://youtu.be/FRnXgcutfz0

            check the 50s info mercials…only dopes smoke dope.

            lol, ya, my spelling is off sometimes.

            these claims of pot being a negative thing is most likely put out by drug companies, big pharma.

          • On January 22, 2017 at 9:28 am,
            b says:

            it is true ya dont want people smoking too young, same as alcohol.
            The brain is still developing.

          • On January 22, 2017 at 9:49 am,
            OOTB Jerry says:

            b….it was I, who was posting without spell check…… 🙂

          • On January 22, 2017 at 9:55 am,
            OOTB Jerry says:

            You are correct………never used the stuff……I am in my 60’s also, and really do not have the desire to do any discoveries at this stage of life. Each can decide on their own, no problem here……..Train a child up, be a good example for they are all watching so called adults…………jmo

          • On January 22, 2017 at 10:00 am,
            OOTB Jerry says:

            One sin is as bad as another……….all have sinned , and fallen short, ……Pot luck I guess.. 🙂

          • On January 22, 2017 at 10:08 am,
            OOTB Jerry says:

            1 Corinthians 8:13……what ever makes your brother to stumble

          • On January 22, 2017 at 11:06 am,
            wolfster says:
          • On January 22, 2017 at 11:38 am,
            b says:

            Honust Jerry, there was a time the last thing I did at night was roll a joint, first thing I did in the morning was “fire it up”.

            Started at 15 yo, I didnt do so bad, retired at 53. Kids and grankids doin just fine.
            Some people figure thats none too shabby, inventing the internet or finding a cure for sumtin would have been better. lol

            I havnt smoked pot for years now, it was not hard to stop in the least. Just came a time I wasnt interested anymore.
            Booze was much more hard, and cigarettes..good grief that was a tuff one.

            I dont miss any of those, its a good card game I miss.
            Playin the market is no where near as fun.
            Totally inadequate.
            oh well.

          • On January 22, 2017 at 11:55 am,
            b says:

            Thanks for the link Wolf.
            Its all true, and as the guys that sold the pans and shovels made the money in the gold rushes, so too could the people that sell the fertilizer for pot be the big winner, pick ur #.

            The price is falling, that was one of the reasons people wanted it legal, the bigger dollars were/are going to the criminal element. I actually have an edge, I know and understand the industry and the customers, for example, I knew about the price coming down years before we got to this point. Big Edge.

            Thing is, as I have said,it takes 1yr-18 months to get licensed in Canada, today, we are no where near close to filling demand.

            Do a DD on a company or 2, check their expansion plans, their sales, share price and # of shares, then compare to other companies, amazon, ford etc etc

            The share price of profiting pot companies are going up, and they will continue to go up until equalibrium takes over, supply and demand.
            That will be after the “blow off top” the top that occurs when the madness of crowds happens.

            When that happens, all calculations will have to be done all over again.

            They will have to be judged on profit and expense of sales. etc.

            For now, volitility is even calming down, wish I could figure why they follow the gold price at times tho.
            They seem to advance/fall about the same as gold shares, at least comparing to my list.

          • On January 24, 2017 at 2:26 pm,
            OOTB Jerry says:

            Thanks for sharing………

        • On January 21, 2017 at 12:57 pm,
          OOTB Jerry says:

          Trump and Pence………are not like Obama and Billy C.,both known pot heads.

    • On January 21, 2017 at 9:08 am,
      Silverdollar says:

      Excelsior:
      Ref. the article on gold stocks soaring more than 1000%……….Personally, I don’t usually give a lot of weight to these huge numbers. The background question is always, ‘What type of world will we be living in when that happens.”
      As always, thanks for posting…..

      • On January 21, 2017 at 9:42 am,
        Excelsior says:

        Hi Silverdollar.

        I agree with you that I normally tune out articles with large percentage increases in Gold or Silver, but this article discussed the Gold STOCKS going up 1000%. That doesn’t seem far fetched at all to me, because we just watched it happen this year. Many of the gold and Silver stocks were up 200-800% on the year, but there were a few high flyers:

        Let’s not forget Impact Silver was up 933% in 2016.

        Resource Capital Gold Corp was up 1220% in 2016

        Canasil was up about 1340% in 2016

        Silvercrest metals was up 2467% in 2016

        http://stockcharts.com/freecharts/perf.php?IPT.V,CLZ.V,SIL.V,RCG.V&p=5&O=011000

        • On January 21, 2017 at 9:44 am,
          Excelsior says:

          Oh yeah….. and then there was Mexus Gold (MXSG) – who is about to announce they are going into production very soon, and just bought another past producing mine in the last few week…..

          Mexus was up over 10,000% in 2016. So it’s pretty easy for me to get my head around some other Gold and Silver stocks going up 1,000% in the next year or two.

          http://stockcharts.com/freecharts/perf.php?MXSG&p=5&O=011000

          • On January 21, 2017 at 9:47 am,
            Excelsior says:

            The crazy part is, that most of those companies have really only started the climbs that they will make in the next bull run, and I we’ll see many more multiple baggers that blow people’s minds in the resource sector (Gold, Silver, PGMs, Copper, Zinc, Uranium, Lithium, Oil, etc….) in the next few years….

            Cheers and weekend beers….. 🙂

        • On January 21, 2017 at 9:55 am,
          Silverdollar says:

          How do they say…..Touché!

          • On January 21, 2017 at 10:08 am,
            Excelsior says:

            I wish those gains for you and all our pals here on the KER in 2017 😉

          • On January 21, 2017 at 5:36 pm,
            Excelsior says:

            So for the next batch of 10 baggers……

            There was a stock picking contest at the end of 2016 on CEO, and everyone submitted such an array of interesting ideas. I’d like to share the current list I believe many of the next 10 baggers may be on the list. There is still a lot of homework to do, but figured this may stimulate a few other ideas from folks here on the KER.
            ______________________________________________________________________

            2017 Stock Picking contest entries on ceo.ca

            https://astronomerb.github.io/CEOtable/

            _________________________________________________________________________

            It would be fun to hear from any other investors that may want to share some stocks they feel may be ready for a nice run during 2017.

            Cheers!

          • On January 21, 2017 at 5:42 pm,
            Excelsior says:

            For even more ideas……

            Here is a separate contest we started as a joke, that actually became a parallel stock picking contest for entries from investors that couldn’t help but throw in a 4th stock beyond the 3 stock criteria for the previous list posted from the main Stock Picking Contest.

            Anway, these were many people’s 4th pick. There are some interesting ideas to consider.

            _____________________________________________________________________

            2017 Bonus Pick Showdown on Ceo.ca

            https://astronomerb.github.io/CEOtable/bonuspickshowdown.html

            Enjoy, and if you have a pick or two in resource stocks or energy stocks or really any stocks that you think may do well in 2017 it would be fun to hear about them.

          • On January 21, 2017 at 5:52 pm,
            Excelsior says:

            For those that still may want even more ideas for 2017……

            Some contributors on ceo,ca mentioned that everyone was taking out-sized risks on some very speculative smaller Jr resource stocks and mentioned the like taking on some risk but wanted a “SAFER” list….

            ***Well, because everyone loves a 3rd Contest……….

            ………. the “Safest Stock Picking Contest” was born.***

            Here is a list of 3 more stocks from investor on CEO that they felt would weather any storms and be a solid “Double” in value from their Dec 30th, 2016 close in the calendar year of 2017.

            (You’ll have to scan back up the page so see investors 3 picks (normally in blue with $ next to them)

            _____________________________________________________________________

            2017 Safest Stock Picking Contest on ceo.ca

            https://www.ceo.ca/safeststockpickingcontest

          • On January 21, 2017 at 6:32 pm,
            GH says:

            You da man, Excelsior!

            Thanks for sharing.

          • On January 21, 2017 at 6:36 pm,
            Excelsior says:

            GH – There are some great companies that everyone came up with in those 3 contests. Let me know if any strike your fancy, or if you have any we should keep on our radar.

            Cheers!

          • On January 22, 2017 at 1:55 am,
            Archdeacon (!) Andrew says:

            Ditto GH.

          • On January 22, 2017 at 2:21 am,
            Excelsior says:

            OK – The table is now built for the “Safest Stock Picking Contest) – the 3rd one mentioned above, where investors thought these stocks would be a safe 2-3 bagger from their Dec 30th 2016 closing prices.

            This is a pretty good list of companies for those investors that may want a little risk, but a little stability with a more trusted name at the same time. As always, do your own due diligence:

            ______________________________________________________________________

            2017 Safest Stock Picking Contest on ceo.ca:

            https://astronomerb.github.io/CEOtable/safeststockpickingcontest.html

          • On January 22, 2017 at 2:24 am,
            Excelsior says:

            * PS – Special congrats to @Gab in 3rd place, who used to post here on the KER as Gabriel.

          • On January 22, 2017 at 7:21 am,
            wolfster says:

            Thank for this Ex….found the CEO.ca etf a great final addition which I wish I had seen before turning my mind to mush trying to do a top 10 list in my head.lol

            https://astronomerb.github.io/CEOtable/etf.html

          • On January 22, 2017 at 2:14 pm,
            Excelsior says:

            Wolfster, yes that ceo ETF was another cool idea that my buddy @Evenprime had to track the most popular picks (not necessarily the most profitable) from the original stock picking contest. However, if you look at the “Safest Stock Picking Contest” you’ll see that Teranga Gold is one of the most popular picks, (from me included) but it wasn’t part of the ceo ETF.

            Still they are great lists to follow up on that were crowd-sourced from resource investors.

            There is a 4th contest that is still being put into a table called “Swing For the Fences”. I’ll keep people posted once that is up for even more investing ideas….

          • On January 22, 2017 at 2:21 pm,
            Excelsior says:

            Wolfster – did you notice Tinka was one of the more popular picks and has been doing well? My shares are up nicely in Tinka, and it is hitting upper resistance at present, but if it pulls back, it won’t last long as there are more and more investors foaming at the mouth to get in before their 2017 drill program commences. Just a heads up to on the Zinc front.

            While thinking on Zinc…. I decided to pass on Callinex temporarily after their slightly disappointing drill results, and went in on Heron Resources.

            Heron is an Aussie Zinc/Copper development stage project, and can’t remember if we’ve discussed it previously, but it looks interesting to me:

            http://www.heronresources.com.au/downloads/presentations/hrr_p20161129.pdf

          • On January 22, 2017 at 2:54 pm,
            GH says:

            The number of votes received by each on that top 18 list:

            EGT.V 14
            PNN.V 12
            VTT.V 12
            AMY.V 11
            NXE.TO 10
            MMS.V 9
            MRS.V 8
            TK.V 8
            NRN.V 6
            SIC.V 6
            ADZ.V 5
            XMG.CN 5
            EFR.TO 4
            R.TO 4
            RYR.V 4
            SNG.V 4
            VIV.V 4
            ADK.V 3

            A number of others also got 3 votes:

            CDB.V 3
            CNL.TO 3
            FIN.CN 3
            GLH.CN 3
            GPH.V 3
            GTT.V 3
            ION.V 3
            IVN.TO 3
            MEK.V 3
            NGZ.V 3
            RTM.V 3

          • On January 22, 2017 at 4:00 pm,
            wolfster says:

            Yes once tk got through the .25 resistance it ran up nicely….nice to know its loved somewhere.get very little love anywhere else I go to keep informed…yes you have mentioned heron before.i considered it but went with tk and cnx…re:cnx the current drill results were not from the follow up drilling being done.they were from what was hoped to be another anomaly..follow up drill results are due shortly as well.hopefully they pay off.

          • On January 22, 2017 at 4:20 pm,
            Excelsior says:

            GH – Thanks for the tallies on the different picks.

            I’d add that Teranga Gold (TGZ) got 5 votes on the “Safest Stock Picking Contest”. Also they only tracked (EFR) for Energy Fuels but a few people also picked (UUUU).

          • On January 22, 2017 at 4:26 pm,
            Excelsior says:

            Wolfster – Yes you make a good point about the drill results that Callinex just released (it was a wildcard attempt), however, the other drill results are still to be released, and they may be more encouraging.

            I was going to get shares in Heron anyway, but was going to get Callinex first, but I just flipped their batting order, and will get into Callinex if it pulls back a bit more.

            As for Tinka (TK) yes I’ve been encouraged by the growing interest. Here the latest scuttlebutt and thoughts from other Tinka investors:

            https://www.ceo.ca/tk

          • On January 22, 2017 at 5:24 pm,
            GH says:

            Of 58 stocks picked on the safest list, the top 11:

            NXE.TO 8
            TGZ.TO 5
            EDR.TO 3
            FR.TO 3
            IVN.TO 3
            GQC.V 2
            ME.TO 2
            NXS.V 2
            OOO.V 2
            OSK.TO 2
            SSL.TO 2

            All the rest get only one vote.

          • On January 22, 2017 at 5:27 pm,
            GH says:

            But yes, there may be an error or three due to the use of the different ticker symbols for the same company…

          • On January 22, 2017 at 5:37 pm,
            Excelsior says:

            Thanks GH. It’s still interesting data to have been crowd-sourced.

            For example, look at how popular Vendetta Mining is with the Zinc crowd ,or Eguana Technologies is with the Lithium Battery crowd, or Pennine Petroleum is with the OIl crowd, or Nexgen is with the Uranium crowd.

            Are the most popular picks better than the stocks that were only mentioned once? (not necessarily, but that list you culled out may be worth further inspection. Honestly I’ve printed off all the lists and am researching them one by one, but it’s just to check out what others thought represented unique value or potential opportunity.

          • On January 23, 2017 at 5:24 am,
            GH says:

            I agree, Excelsior, very interesting to have the crowd-sourced info, which was why I wanted to see which ones got the most votes. Now reviewing charts…

      • On January 21, 2017 at 6:34 pm,
        Excelsior says:

        Here’s a list of some of the companies that presented at the Metals Investor Forum on 01/20/2017. (nice looking list of companies from Eric Coffin, Jordan Roy-Byrne John Kaiser, Gwen Preston, and Joe Mazumdar)

        MIF – January 20th, 2017 8:50 REGISTRATION & BREAKFAST

        9:50 Eric Coffin – Introduction to the Metals Investor Forum 2017
        10:00 Jordan Roy-Byrne, The Daily Gold

        10:20 First Mining Finance Corp.
        10:30 Callinex Mines Inc.
        10:40 Auryn Resources Inc.
        10:50 Adamera Minerals Corp.

        11:00 MORNING COFFEE BREAK

        11:30 John Kaiser, Kaiser Research Online
        11:50 Skeena Resources Ltd.
        12:00 GoldQuest Mining Corp.
        12:10 Integra Gold Corp.
        12:20 Millrock Resources Inc.

        12:30 LUNCH BREAK

        1:30 Gwen Preston, Resource Maven
        1:50 NexGen Energy Ltd.
        2:00 Uranium Energy Corp.
        2:10 Red Eagle Mining Corporation
        2:20 Playfair Mining Ltd.

        2:30 AFTERNOON COFFEE BREAK

        3:00 Joe Mazumdar, Exploration Insights
        3:20 Mirasol Resources Ltd.
        3:30 Nevsun Resources Ltd.
        3:40 Eurasian Minerals Inc.

        https://www.metalsinvestorforum.com/assets/docs/Metals%20Investor%20Forum%20Agenda%20-%20January%202017.pdf

        • On January 21, 2017 at 6:49 pm,
          Excelsior says:

          For investors that want to take a deep dive into many of the key note speakers, the companies, and Corporate Presentations on VIDEO, from the prior MIF (Metals Investor Forum) event…… then take a look at this YouTube page: 🙂 😉 😮

          ______________________________________________________________________

          Beneath The Surface

          https://www.youtube.com/user/BeneathTheSurfaceBTS/videos

  8. On January 21, 2017 at 8:26 am,
    Excelsior says:

    Gold Market Tactics: Tighten Profit Locks
    Morris Hubbartt – posted Jan 20, 2017
    Super Force Precious Metals #Video #TechnicalAnalysis

    * #Gold, #Silver, & #TBonds Key Charts Video Analysis

    https://superforcesignals.com/video/2017jan17gold/2017jan17gold.html

  9. On January 21, 2017 at 8:28 am,
    Chartster says:

    Great comments from Chris Martenson, and the cross-correlation chart is a real duzie. Good show in general, Cory.

    • On January 21, 2017 at 11:28 am,
      Cory says:

      Thanks Chartster. We are lucky to have all these guys as friends who share their time and thoughts with us.

  10. On January 21, 2017 at 8:54 am,
    Matthew says:
  11. On January 21, 2017 at 8:59 am,
    Silverdollar says:

    Cory:
    You put together one of your best weekend shows in this edition. Martenson, Melia, Lyons, Schmidt………excellent thoughts by some very good minds. Thanks.

    • On January 21, 2017 at 11:29 am,
      Cory says:

      Thanks Silverdollar! It’s always a blast chatting with everyone who was on this weekend’s show.

  12. On January 21, 2017 at 8:59 am,
    CFS says:

    This is an older article, but I think Trump might actually “get” it.

    http://business.financialpost.com/investing/investing-pro/david-rosenberg-trump-is-pointing-the-finger-at-the-wrong-culprit-on-job-losses

    When I know Trump ran his campaign on 1/5 of the staff that Hillary had, I look forward to a businessman instead of a politician as chief executive.

  13. On January 21, 2017 at 9:06 am,
    Matthew says:

    Here’s a chart I posted before SGN jumped as much as 33% during the week that just ended:

    http://stockcharts.com/h-sc/ui?s=SGN.V&p=W&yr=2&mn=7&dy=22&id=p39561767328&a=499741705

  14. On January 21, 2017 at 9:21 am,
    Matthew says:

    Gold was capped by a very important resistance line this week:

    http://stockcharts.com/h-sc/ui?s=SGN.V&p=W&yr=5&mn=2&dy=0&id=p99396379115&a=499554392

  15. On January 21, 2017 at 10:03 am,
    OOTB Jerry says:

    I think it is a new game…….some of the manipulation from crimex……will be investigate, and some will fear jail time now………..jmho

    • On January 21, 2017 at 10:06 am,
      OOTB Jerry says:

      the CFTC and CME should be looking over their shoulders……….jmho

  16. On January 21, 2017 at 10:04 am,
    OOTB Jerry says:

    …..investigated

    • On January 21, 2017 at 1:25 pm,
      Robert Moriarty says:

      OOTB:

      A belief that manipulation is meaningful requires that the person doesn’t believe in supply and demand being meaningful.

      Supply and demand really do matter and sentiment can pick turns sometimes to the day. A sincere belief in manipulation being significant is about as rational as a sincere belief in the tooth fairy or Santa Claus.

      There are a whole flock of con men trying to convince people to drink their Kool-Aid.

      You don’t have to drink it.

      • On January 21, 2017 at 1:50 pm,
        GH says:

        The subject of manipulation aside, however, financial crime is rampant, and has gone almost completely unpunished for many years.

        William Black made this point forcefully, comparing the number of prosecutions in the 1980s for the S&L scandal, versus the 2008 crisis.

        It would be nice to get back to some semblance of law and justice in the financial arena. Mnuchin doesn’t inspire confidence, though.

        • On January 21, 2017 at 1:59 pm,
          Robert Moriarty says:

          GH:

          I think a lot of the reason Trump won was because of his claim to drain the swamp i Washington. Should he not pursue charges against the Clinton Crime Cartel, he is going to lose a lot of support. Some of his appointments scare hell out of me and I still maintain he will be either the best president in US history or the worst and coming after Bush and Obama, that’s a high bar to jump.

          • On January 21, 2017 at 2:28 pm,
            CFS says:

            Mr. Moriarty. Trump won’t go after Obama, of course.
            But he could if he wanted to, since Obama clearly paid a bribe to Iran, using funds NEVER authorized by Congress.
            (I’m not talking about the release of impounded Iranian funds, but the bribe payment.)
            And, we still have not seen the treaty, which was never confirmed by Congress. Calling it an agreement, does not make it other than a treaty.

          • On January 21, 2017 at 2:54 pm,
            GH says:

            Robert, your line ‘best or worst, flip a coin’ is one of my favorites–a great, succinct statement of where we’re at. I’ve shared it with a number of South Americans who have asked me with curiosity about the election results.

      • On January 21, 2017 at 4:04 pm,
        OOTB Jerry says:

        Hello Robert,
        Thanks for the post.
        I gave up on the kool aid after Jones town.
        The tooth fairy was a painful experience, losing teeth, and getting short changed at the same time.
        Santa Claus was the worst experience, I enjoyed putting out those cookies and milk.
        Now that was really a bad case of manipulation.
        Since, I no longer drink kool aid, believe in the tooth fairy or Santa, I guess I am ready for the real world…
        I am totally convinced , no one knows anything, about anything…….. 🙂

        • On January 21, 2017 at 5:16 pm,
          Robert Moriarty says:

          OOTB:

          Can I steal that line?

          • On January 22, 2017 at 2:00 am,
            Archdeacon (!) Andrew says:

            Or how about this one: ‘He who knows that he does NOT know is never a fool’!

          • On January 22, 2017 at 3:56 pm,
            OOTB Jerry says:

            🙂 …..

  17. On January 21, 2017 at 10:26 am,
    Matthew says:

    GDXJ has been consolidating below Fibonacci resistance for the last two weeks and looks ready to move higher:

    http://stockcharts.com/h-sc/ui?s=GDXJ&p=D&yr=1&mn=3&dy=0&id=p26034917840&a=471378913

    • On January 21, 2017 at 4:41 pm,
      Alan says:

      Always appreciate your charts, thanks. BTW what your 2017 year end gold / silver prediction number?

      • On January 21, 2017 at 9:42 pm,
        Matthew says:

        Hi Alan, I don’t have a year-end target for gold but I do think it will easily reach a high between 1435 and 1525 this year.

        http://stockcharts.com/h-sc/ui?s=%24GOLD&p=W&yr=5&mn=7&dy=22&id=p58012727662&a=495649167

      • On January 21, 2017 at 9:51 pm,
        Matthew says:

        For silver, I’d say 25 to 26, no problem.

        http://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=5&mn=11&dy=22&id=p82650639829&a=501121231

        Those are guesses. I have to watch the technical action along the way and will use various strength indicators to decide when to do some selling.

        • On January 22, 2017 at 4:20 am,
          Excelsior says:

          Thanks for highlighting that Silver resistance at $25/$26. Even if Silver gets up and bumps its head on that level, think about how that will energize the Silver mining stocks.

        • On January 22, 2017 at 12:45 pm,
          Bonzo Barzini says:

          Thanks, Matthew, you just made my day!

  18. On January 21, 2017 at 11:55 am,
    CFS says:
  19. On January 21, 2017 at 12:41 pm,
    Tad says:

    Excellent show Cory. Really good this week. Thanks.
    Hi to everyone 🙂

  20. On January 21, 2017 at 1:23 pm,
    b says:

    A2A with Steve St. Angelo of SRSrocco Report
    by Turd Ferguson, TF Metals Report:

    Some brilliant stuff today from our old pal, Steve St. Angelo. If you want to unearth even more evidence that we are near the end of The Great Keynesian Experiment, listen to what Steve has to say about energy and its impact on the collapsing global economy.

    To begin the conversation, we discussed two of Steve’s recent posts. Please be sure to review both:

    https://srsroccoreport.com/forensic-evidence-why-silver-price-manipulation-will-end/
    https://srsroccoreport.com/big-movement-ahead-in-the-silver-market-serious-trouble-in-paper-markets/

    From there, the conversation turns to energy, the miners, the ongoing global supply deficit for silver and the historically high gold:silver ratio.

    I am 100% confident that you will greatly enjoy this recording and it will be a very valuable use of your time.

    Click HERE to Listen

    pretty interesting opinion on PMs, he figures the price has little to do with supply and demand, more connected to the price of the energy to mine it.

  21. On January 21, 2017 at 5:48 pm,
    RICHARD/DOC says:

    Technically, next week tells the story of whether the PMs start to move down into February as I suspect–it’s the week to make or break the PMs for awhile

    • On January 21, 2017 at 6:08 pm,
      Excelsior says:

      Thanks Doc. Time to keep a vigilant watch for sure.

      If we get the dip down into February that you expect, I’m going to add, looking towards a March rally in that scenario. If things do make a move to the upside next week though, then I’ll just smile and enjoy the ride with the positions I have in place.

      Thanks for sharing all your insights with us here on the KER. I’ve been following you for years and always enjoy getting your perspective sir.

    • On January 21, 2017 at 6:36 pm,
      GH says:

      I’m leaning toward your point of view, Doc, though I think the Dec. low is likely to hold.

      • On January 21, 2017 at 8:54 pm,
        Matthew says:

        I know what gold is up against right now, technically, but I still think the bulls have the edge. So I think it will manage to go higher before taking a break.

        GLD daily:

        http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=13&id=p66831382194&a=501110067

        • On January 21, 2017 at 8:56 pm,
          Matthew says:
        • On January 22, 2017 at 4:12 am,
          Excelsior says:

          I’d be happier if that is what plays out, but am prepared for either scenario.

        • On January 22, 2017 at 10:08 am,
          GH says:

          I read Hamilton’s (Zeal) Jan 13 essay on GLD, and checked their bullion totals. After the unprecedented fall he described since the election, total bullion holdings finally ticked up, very slightly, Friday of last week and of this week.

          He took the fact that GLD had not begun increasing their gold holdings as a bullish factor, but I wondered if it might not be a bearish non-confirmation.

          http://www.zealllc.com/2017/bgldbuyc.htm

          • On January 22, 2017 at 10:11 am,
            GH says:

            GLD bullion holding can be downloaded as an excel file at the link on this page:

            http://www.spdrgoldshares.com/usa/historical-data/

            This week Hamilton wrote about the relationship between gold futures, as revealed in the Commitment of Traders report, and gold price. Does anyone know of a free source of long-term COT report data?

          • On January 22, 2017 at 10:43 am,
            Matthew says:

            Thanks for pointing that out. I found the following from that article:

            “So gold somehow managed to rally sharply in recent weeks without any capital inflows from American stock investors. They not only weren’t buying GLD shares, they continued to aggressively sell them as evidenced by a couple big GLD-holdings draw days so far in January. This situation is remarkable, as it implies the investment gold buying hasn’t even started yet. That means big gold buying is still coming.”
            ——-

            I’m inclined to agree with Adam’s opinion and it doesn’t hurt that it squares with my reading of the charts.

    • On January 21, 2017 at 9:49 pm,
      Chartster says:

      Doc,
      The charts are a conundrum right now. But I agree with you, metals and miners should head down. The daily is about to roll over, the weekly looks, weak. Gold can’t get past the 38% fib level. And the conventional markets are close to toast.

      Look what happened to al the big banks last Tuesday. Those executives know something we don’t, or else the stocks would not have sold off so hard. 😳

      • On January 22, 2017 at 10:13 am,
        GH says:

        That drop in banks caught my eye too, Chartster.

        Got me watching FAZ.

        • On January 23, 2017 at 7:54 am,
          Chartster says:

          Very interesting, GH. FAZ looks like it will get a nice move soon.

  22. On January 21, 2017 at 6:08 pm,
    Ozibatla says:

    Doc, is that on the back of a suspected upleg in the US $? I know that may seem an obvious conclusion but just want to verify. Also when u say “awhile”, how long are you suggesting?

  23. On January 21, 2017 at 6:11 pm,
    Ozibatla says:

    Haha Robert, if he is to be viewed as worse than Bush n Obama, that is indeed a high bar to jump. I shudder to think what the outlook will be if this eventuates

  24. On January 21, 2017 at 6:17 pm,
    Paul L. says:
  25. On January 21, 2017 at 6:27 pm,
    Ozibatla says:

    I just responded in the same editorial Excelsior. Cheers!

    • On January 21, 2017 at 6:39 pm,
      Excelsior says:

      +21 Thanks for those ideas to explore Ozibatla. Have a great weekend! 😉

  26. On January 21, 2017 at 8:02 pm,
    Ozibatla says:

    Will do but being in Aus its nearly over

  27. On January 21, 2017 at 10:21 pm,
    Matthew says:

    Here’s some impressive “reverse symmetry” (the ’11-’12 top looks a lot like the ’15-’16 low):

    http://stockcharts.com/h-sc/ui?s=%24GOLD&p=W&yr=6&mn=2&dy=0&id=p68702351114&a=501128971

    • On January 22, 2017 at 4:17 am,
      Excelsior says:

      +1 – That is a great chart Matthew and points out the fallacy momentum traders have that the trend will just continue on forever. It is an interesting reverse symmetry on the chart as much as it is in perception and sentiment. Good stuff!

      • On January 22, 2017 at 9:28 am,
        JohnK says:

        +2

      • On January 22, 2017 at 2:00 pm,
        Robert Moriarty says:

        Matthew/Excelsior:

        Why didn’t someone tell us a rally was coming?

        • On January 22, 2017 at 6:13 pm,
          Excelsior says:

          🙂

  28. On January 22, 2017 at 4:03 am,
    AJ says:

    Should be a boon for drilling and mining in the coming decade

    Congress moves to give away national lands, discounting billions in revenue
    https://www.theguardian.com/environment/2017/jan/19/bureau-land-management-federal-lease

  29. On January 22, 2017 at 4:28 am,
    Excelsior says:

    OCEANAGOLD ANNOUNCES FIRST GOLD POUR AT THE HAILE GOLD MINE IN SOUTH CAROLINA
    OceanaGold Corporation (TSX/ASX: OGC)

    http://www.kitco.com/pr/2225/article_01202017114138.PDF

    • On January 22, 2017 at 6:47 am,
      OOTB Jerry says:

      interesting…….. thanks

  30. On January 22, 2017 at 5:58 am,
    Ozibatla says:

    Donald is not going to ruin the system. Why? Because he doesnt have the power to do so. Everyone needs to remember that whilst he is the perceived leader of the USA, he still has to answer to big business and corporations just like Obama, Bush, Clinton, Bush etc etc had to.

    The more things change, the more they stay the same!

  31. On January 22, 2017 at 6:22 am,
    Pete says:
    • On January 22, 2017 at 7:53 am,
      wolfster says:

      Thanks Pete.Other than ecobalt my cobalt list is non existent and that friedland comment about supply and shorting tesla I read before in an outtake somewhere but didn’t pay proper attention to it……Ex I’m sure you already have a list of producers explorers and royalty streamers for cobalt too.care to share it???pretty please with sugar on top.😉…

      • On January 22, 2017 at 8:20 am,
        wolfster says:

        Have started to research the cobalt a bit more…so far most of the companies have either dubious or unknowns running them which I hate.Fortune minerals has so far been the only one I consider worth further research…maybe Cruz but as of right now ecobalt with its weak management is still top of my very limited list

        • On January 22, 2017 at 9:54 am,
          Pete says:

          Wolfster,
          I haven´t done much research on Cobalt yet.
          LIC.V, CPO.V ?

          http://palisade-research.com/wp-content/uploads/2016/10/2016.10.26-Palisade-Research-Cobalt-Final.pdf

          • On January 22, 2017 at 10:20 am,
            Pete says:

            Brixton metals BBB, a quality company.

            “And while Brixton’s focus is on precious metals, it sees cobalt production as a potential bonus. The Langis mine produced 358,000 pounds of cobalt and Hudson Bay 185,000 pounds of cobalt.”

            From the northern miner

          • On January 22, 2017 at 10:31 am,
            Matthew says:

            It wasn’t long ago that I thought I would never get a chance to buy Brixton. Then it went below .20 and I jumped at the chance. I even chased it higher because not many shares were being offered (and my broker kept stopping me from buying to keep the market “orderly”).

            It is still down about 68% from its July high so I was still a buyer into Friday’s weakness.

            http://stockcharts.com/h-sc/ui?s=BBB.V&p=W&yr=3&mn=0&dy=2&id=p07466195913&a=495082432

          • On January 22, 2017 at 10:35 am,
            JohnK says:

            A good place to start the Cobalt search,Cobalt,Ontario.

          • On January 22, 2017 at 10:56 am,
            Pete says:

            Thanks Matthew,i like Brixton.
            And please try to keep the markets ordely 🙂

          • On January 22, 2017 at 11:36 am,
            Excelsior says:

            I’m a big fan of Brixton Metals moving into this next bull cycle, if anyone checked out those lists from the stock picking contests I posted up above, you’ll see (BBB) was my “Bonus Pick Showdown” pick for the year.

            I like Brixton, not for the Cobalt, but for the fact that they have 3 prior producing Silver mines (one that they just picked up and will be fast-tracking back into production), and in addition, a Gold/Silver exploration project up in the Golden Triangle). I’ve accumulated quite a nice position in it on this most recent pullback and expect it to be a multi-bagger again this year.

          • On January 22, 2017 at 11:41 am,
            Excelsior says:

            I just re-read that and it wasn’t worded well, and made it seem like I wasn’t giving value to the Cobalt. Don’t get me wrong, if Brixton wants to cash in on their Cobalt along with their Silver and Gold, then that’s a huge kicker credit.

            From a recent company update:

            “Upon closing of the Gowganda Silver Project, Brixton will control 3 past producers of high-grade silver within the Silver-Cobalt Camp of Ontario. The Langis mine produced 10.4 Moz of silver at 25 oz/t Ag and 358,340 pounds of cobalt, the Hudson Bay mine produced 6.4 Moz of silver at 123 oz/t and Gowganda mine produced 40.7 Moz of silver at 22 oz/t Ag. The projects are generally located 500 km north of Toronto, Canada. The high-grade silver mineralization occurs as moderate-steeply-dipping veins within any of the three main rock types; Archean volcanics, Coleman Member sediments and Nipissing diabase.

            The 996 SQ/KM, wholly owned Thorn Project is located in northwestern British Columbia, Canada, approximately 105 km ENE from Juneau, AK. The Thorn project hosts a district scale gold-silver trend associated with Triassic to Cretaceous volcano-plutonic complex. Many styles of mineralization have been identified related to porphyry and epithermal environments. Targets include high-grade gold-silver underground targets and large-scale open pit gold type targets.”

          • On January 22, 2017 at 11:55 am,
            Pete says:

            Excelsior,

            Do you have a opinion on,
            Cobalt Power Group Inc. (TSXV:CPO) – The Pure Cobalt Explorer
            and LiCo Energy Metals Inc. (TSXV:LIC) – The Most Advanced

          • On January 22, 2017 at 1:51 pm,
            Excelsior says:

            Pete – I’m not familiar with either company, but will add them to the list to check out.

          • On January 22, 2017 at 9:36 pm,
            Pete says:

            Thanks,Excelsior

          • On January 23, 2017 at 5:24 am,
            Excelsior says:

            Over the weekend, on ceo.ca a few different investors wrote to me asking why I liked Brixton, and I’m going to share it here in this thread, (some of it may be a recap of what has already been discussed).

            __________________________________________________________________________

            Personally, I’m a fan of Brixton because they now have 3 prior #producing #Silver & #Cobalt #mines that are already built, mostly permitted, and understood, so this greatly de-risks the project.

            This gives them a huge advantage over a typical #Exploration start-up that is drilling & praying that they find something and then have an economic deposit. The best place to get a new mine going is where past producing mines were successful. The resources are there, and often times they have not used modern exploration techniques, and the geology can be looked at again to take the deposit wider or deeper, using a systematic process.

            In addition, it is far less money for build out and #development when much of the work was already completed or in place from prior commodity cycles. Lastly, if there already is a #mine in place it is far easier for the local communities and governments to grant any remaining permits, as there is already a case study of successful mining.

            In addition to their prior producing mines, Brixton also has their prospective Thorn Gold/Silver #exploration property in the #GoldenTriangle that they’ve had a some nice exploration hits on.

            Thorn: Exploration project with the potential to yield a major discovery.
             2 Large scale #gold targets (Outlaw & Chivas) for 2017 drilling.

            #Cobalt Camp: Consolidating brownfield #silver assets in a high-grade camp.
             Langis: 10.4 Moz at 25 opt Ag (Past #Production).
             Hudson Bay: 6.4 Moz at 123 opt Ag (Past #Production).
             Gowganda: 40.7 Moz at 22 opt Ag (Past #Production).
             Gowganda: 2.9 Moz Indicated Resource in #Tailings at 47.5 g/t.

            ______________________________________________________________________

            Brixton Metals January Corporate Presentation:

            http://brixtonmetals.com/cn/wp-content/uploads/2013/08/Brixton-Presentation-JAN-2017a-1.pdf

          • On January 23, 2017 at 5:26 am,
            Excelsior says:

            As for the management team it’s got a few prior Newmont, NovaGold, and Kinross guys, as well as Ian Ball (Rob McEwen’s protege that runs Abitibi Royalties). Rob is also a key shareholder.

            http://brixtonmetals.com/meet-the-team/

            I’m also very impressed with the share ownership and strategic investors:

            **BBB Ownership

            #Management 12%
            #RobMcEwen 9%
            #Institutional 7%
            #USGlobal 6%
            $HL #Hecla Mining 6%
            Eric #Sprott 5%
            $TAHO #Tahoe Resources 4%
            #Retail 53%

      • On January 22, 2017 at 10:56 am,
        GH says:

        There’s CIE on the NYSE. I don’t know much of anything about it, and can’t claim any noteworthy skills at company analysis. A few months back they had a deal that needed to go through with the, I believe, Angolan government. I don’t think it did, or their price would be higher than it is now.

      • On January 22, 2017 at 11:32 am,
        Excelsior says:

        Hey guys, sorry late to the Cobalt party here…..

        Wolfterster – I have a handwritten list of Cobalt companies mixed together with Graphite companies that I saw as key to the battery market, but it may be a bit dated:

        I tried to separate out the Cobalt Stocks:

        American Manganese
        Katanga Mining
        First Cobalt
        eCobalt Solutions
        Clean Teq Holdings
        Canadian International Minerals
        Fortune Minerals
        Conico LTD
        Green Swan Capital
        Cruz Capital
        Remo Resources

        *Also, there other Copper/PGM/Nickel companies that have exposure to Cobalt like Polymet, and Platinum Group Metals, or base metal Iron companies/precious metals companies like Brixton Metals that have significant exposure to Cobalt credits. (as Pete mentioned above).

        There are also prospect generator companies with cobalt exposure but none with a focus.

        • On January 22, 2017 at 2:41 pm,
          Excelsior says:

          Wolfterster = Wolfster 🙂

          • On January 22, 2017 at 4:07 pm,
            wolfster says:

            Been called worse.lol….I think the key with the cobalt search is to find North American plays….

          • On January 22, 2017 at 6:30 pm,
            Excelsior says:

            Yes – the DRC is a challenging jurisdiction, and mining there can get a bit sketchy….

          • On January 22, 2017 at 6:32 pm,
            Excelsior says:

            Freidland is one of the few I have any confidence in mining there with Ivanhoe, but still I believe he is building his other companies as a plan B in case things turn sour there with the government.

  32. On January 22, 2017 at 7:00 am,
    CFS says:
  33. On January 22, 2017 at 7:04 am,
    CFS says:
    • On January 22, 2017 at 6:35 pm,
      Excelsior says:

      It’s been a while since Chris Vermeulen visited the KER for an editorial. Maybe a good idea to get him on sometime in 2017.

  34. On January 22, 2017 at 7:09 am,
    CFS says:
  35. On January 22, 2017 at 9:43 am,
    Matthew says:

    Silver performed better last week than some think. The arrows depict a path that I think it might take:

    http://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=3&mn=9&dy=11&id=p90569868485&a=501194637

  36. On January 22, 2017 at 9:49 am,
    Matthew says:

    The Dow is going to underperform the miners for a long time.

    DIA:GDX:

    http://stockcharts.com/h-sc/ui?s=DIA%3AGDX&p=W&yr=5&mn=5&dy=0&id=p65624452331&a=493540636

  37. On January 22, 2017 at 10:03 am,
    Matthew says:

    Priced in real money, the miners look very goo.

    XAU:GOLD weekly:

    http://stockcharts.com/h-sc/ui?s=%24XAU%3A%24GOLD&p=W&yr=8&mn=8&dy=22&id=p96573571732&a=471646105

    • On January 22, 2017 at 11:21 am,
      RICHARD/DOC says:

      Notice it’s potential beautiful inverse head and shoulders formation

    • On January 22, 2017 at 2:40 pm,
      Excelsior says:

      Morris Hubbart had a great technical analysis video on both Gold and the XAU that got posted up above (where he noted the inverse head and shoulder), but he didn’t cover the XAU:Gold ratio. Thanks Matthew.

  38. On January 22, 2017 at 10:20 am,
    Matthew says:
  39. On January 22, 2017 at 12:20 pm,
    CFS says:

    VIENNA (AP) — OPEC and key non-OPEC oil producers are near their target of taking 1.8 million barrels of crude a day off global markets less than two months after agreeing to do so in efforts to push up the price of crude, Russia’s energy minister said Sunday.

    Alexander Novak’s upbeat comments to reporters came at the end of the first meeting of a joint OPEC-non-OPEC committee set up to monitor compliance to the Dec. 10 agreement.

  40. On January 22, 2017 at 12:32 pm,
    CFS says:
  41. On January 22, 2017 at 12:54 pm,
    Bonzo Barzini says:

    Hi Matthew and Doc, I sold more MRK on Fri after it shot up, and am now looking at Gilead GILD and Teva TEVA. How far do you think GILD and TEVA can fall? Neither will grow for a couple of years, but that’s why their PE’s are 7. And TEVA has a 4% dividend. Thanks.
    MRK and LLY will be in big trouble if Trump listens to RFK, Jr.

    • On January 22, 2017 at 6:23 pm,
      Matthew says:

      Hello Bonzo, TEVA has never been so oversold but I still think it could reach a speed line support that is currently about 29.80 and probably even the Fibonacci support at 28.62.
      That Fib support level also happens to coincide with the 2004 high – a significant high that followed TEVA’s most persistent overbought readings on the monthly RSI(14).

      But before it can reach those levels, support at the 233 month MA and EMA have to fail. They are currently 30.43 and 30.22, respectively (and rising).

      It would take some very disappointing news to send it to the next support zone at 15.

      • On January 23, 2017 at 7:02 am,
        Bonzo Barzini says:

        Matthew, thanks very much. I’ll keep watching TEVA and GILD before I buy. I’ve never heard of a 233 month MA. And what is an EMA?

        • On January 23, 2017 at 7:40 am,
          Matthew says:

          233 is a Fibonacci number and EMA is Exponential Moving Average.

          I meant to look at GILD last night but got sidetracked. I think it will reach $60 and maybe even $55.

          • On January 23, 2017 at 6:55 pm,
            Bonzo Barzini says:

            Thanks, Matthew. 233 months is about 9 1/2 years!

  42. On January 22, 2017 at 1:35 pm,
    CFS says:

    Movement of BITCOIN

    http://fiatleak.com/

    • On January 22, 2017 at 2:10 pm,
      Excelsior says:

      Thanks CFS. I just pulled that up and watched Bitcoins flowing mostly into China and the US although some into Africa as well. It would be a cool screen-saver….

      • On January 22, 2017 at 3:27 pm,
        CFS says:

        I wish there was an equivalent for silver or gold, so I could watch flows of PMs more easily.

        • On January 22, 2017 at 3:46 pm,
          Excelsior says:

          That would be awesome. We’re unlikely to ever see that though, since so much is sent through the mail, armored truck, or people buy it and have 3rd party companies store it in their vaults.

  43. On January 22, 2017 at 3:08 pm,
    Dick Tracy says:

    I’ve been having a blast these days except for the weekend when the markets are closed, that should tell you something. DT

  44. On January 22, 2017 at 4:35 pm,
    Excelsior says:

    Here’s the schedule of the Cambridege House event. Looks like Cory is up to bat at the same time as David Morgan and Gianni Kovacevic. Looks like a fun event overall and many good companies and key note presentations.

    https://cambridgehouse.com/event/54/vancouver-resource-investment-conference-2017/agenda

  45. On January 22, 2017 at 5:44 pm,
    CFS says:

    SGE current Fix
    Gold $1224.35
    Silver $18.22

  46. On January 22, 2017 at 6:49 pm,
    Matthew says:
  47. On January 22, 2017 at 7:00 pm,
    Excelsior says:

    Metals are up in overseas trading. Gold $1217 Silver $17.17 Platinum $981 Palladium $788

  48. On January 22, 2017 at 7:22 pm,
    CFS says:

    Latest SGE Fix
    Gold $1230.74
    Silver $18.32

  49. On January 23, 2017 at 1:01 am,
    CFS says:

    LUND, Sweden , Jan 23, 2017 /PRNewswire/ —

    NeuroVive Pharmaceutical AB (Nasdaq Stockholm: NVP, OTCQX: NEVPF), today announces that NeuroVive has signed a preclinical collaboration agreement with the Children’s Hospital of Philadelphia (CHOP) and Marni J. Falk , M.D., a US key opinion leader in the mitochondrial medicine field.

    Dr. Falk’s research team at CHOP will evaluate compounds from NeuroVive’s research program, NVP015, in certain experimental disease models. The research team will study energy metabolism and disease development in models of mitochondrial complex I dysfunction.

  50. On January 23, 2017 at 6:08 am,
    Anders form Copenhagen says:

    America will not be great during the next four years. Trump is like Berlusconi – a populist that cares more about his own TV-performance than about the country he leads. Trump will measure his success by the level of Dow-index. Carl Ichan Will help Trump to engineer new highs.

    • On January 23, 2017 at 6:56 am,
      Bonzo Barzini says:

      Anders, What is your favorite Danish beer? What is the best beer from Fyn or Funen?

      • On January 23, 2017 at 11:01 am,
        Anders from Copenhagen says:

        I can recommend a small microbrewery called abelgren http://arbrew.dk/.
        My family origins from that part of DK; Langeland – an island just south of Fyn.
        And do not forget ‘smørrebrød’ made by the Swedish cook from upper show 😎

        • On January 23, 2017 at 4:23 pm,
          Excelsior says:

          Nice tip Anders from Copenhagen

        • On January 23, 2017 at 6:49 pm,
          Bonzo Barzini says:

          Anders, I have been to Langeland in 1977. I have friends in Saerslev and Sonderso on Nordfyn.

    • On January 23, 2017 at 10:45 am,
      GH says:

      I think you’re right, Anders–

      Obama to Trump = progressive to populist ping pong

      • On January 23, 2017 at 11:02 am,
        Anders from Copenhagen says:

        Progressive, though with out any action/ results

      • On January 23, 2017 at 11:08 am,
        Matthew says:

        Socialism is the opposite of progress.

  51. On January 23, 2017 at 6:42 am,
    Dick Tracy says:

    NDM just blew past IVN, on it’s way to, who knows?

    • On January 23, 2017 at 8:47 am,
      Pete says:

      IVN will beat NDM in the end 🙂
      (i´m saying that because i missed the NDM missile)

      • On January 23, 2017 at 9:26 am,
        Pete says:

        IVN 3,95

        • On January 23, 2017 at 9:28 am,
          Pete says:

          3,99

          • On January 23, 2017 at 9:35 am,
            Pete says:

            4,02

      • On January 23, 2017 at 6:01 pm,
        Excelsior says:

        Nice work Dick Tracy and Pete you Polymetallic deposit investors!

        Many base metal stocks were up quite nicely on the day = cha ching!

  52. On January 23, 2017 at 7:33 am,
    Bob UK says:

    Still waiting for the Trump crash… Trump correction… Trump market to all time highs…

  53. On January 23, 2017 at 9:35 am,
    confused says:

    Matt or Doc or Ex,
    it looks like K92 (TSX:KNT) could soon attack the 200 day MA. Am I right or does it need more “rest”? That would be a quick 30% move.

    • On January 23, 2017 at 10:03 am,
      Matthew says:

      If gold continues higher, then I think you’ll be right. Either way, I like the look of that chart and would mind buying any dips myself. (I don’t own it.)

      http://stockcharts.com/h-sc/ui?s=KNT.V&p=D&yr=0&mn=9&dy=0&id=p10509974939

    • On January 23, 2017 at 5:55 pm,
      Excelsior says:

      Hi confused,

      Yes, I believe now is the time to start acquiring (KNT) K92 mining after watching it since inception. It was far over-valued due to all the hype around the mine going back into production, but then it got hammered as geologists and newsletter writers doubted the geology as too hard to mine to be economic due to non conformity in the geology. However, after being bailed out on as a sinking ship, they’ve continued to drill, expand, and better understand their asset, and have made many tweaks that will positively affect the economics that have not received any credit by the marketplace.

      Personally, I’ve been watching with great interest as the share price plummeted and wanted to see an exhaustion event. Well recently Cartesian Royalty Holdings (who had previously financed them), are selling large numbers of shares as escrow releases occur, and this is has been pressuring the shares and providing a nice liquidation event.

      After stalking this company since it’s birth, I finally have started to build a position in it. There may still be 10-15% downside risk, but this could easily double or triple from here as the market sees how their production results start rolling in quarter after quarter. If the gold price rises, then all the better….