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

Gold Looks Bullish
by @Goldfinger on January 21, 2017

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

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.

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

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

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

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

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.

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.

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

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

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

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.

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

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

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

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

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

Something to be aware of regarding the pot industry..

https://www.thestar.com/business/2017/01/21/marijuana-growers-look-to-cut-costs-as-prices-fall.html

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.

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.

Thanks for sharing………

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….. 🙂

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

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.
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2017 Stock Picking contest entries on ceo.ca

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

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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!

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.

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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.

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)

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2017 Safest Stock Picking Contest on ceo.ca

https://www.ceo.ca/safeststockpickingcontest

You da man, Excelsior!

Thanks for sharing.

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!

Ditto GH.

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:

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2017 Safest Stock Picking Contest on ceo.ca:

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

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

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

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….

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

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

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.

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).

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

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.

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

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.

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…

Here is the link to watch the videos from the Metals Investor Forum from this weekend on the Kitco Insider page. You have to sign up, but it only takes a minute and is free.

https://insider.kitco.com/category/metals-investor-forum/

My guess is that if the arcs have useful alignments on a given time scale, they also have predictive value on that time scale. But if the time scale is changed, one needs to look for a new placement that synchronizes in that time scale…

Could be. And maybe they work best when selecting “Fill the Chart” rather than customizing the range (next to the daily/weekly/monthly selection menu).

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.

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.

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

🙂 …..

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?

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.

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

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

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

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

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.

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.”

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

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

Thanks,Excelsior

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).

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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.

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Brixton Metals January Corporate Presentation:

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

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%

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

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

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.

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

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