Weekend Show – Sat 11 Feb, 2017

The stronger fundamental case this year for gold

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

This week’s show is shorter than the past couple week as I am currently in Japan visiting with a couple companies and taking some time with my wife. I will be away for just under two weeks but still check in on the site and sharing some thoughts throughout my trip. Please email me with companies or general questions you have over the week and I will be sure to get back to everyone. I already have a number of emails that I will be getting to this weekend and following week.

As for the show this week we have 1 hour of finance and 1 hour of politics. The finance hour focuses on the bullish case for gold and how some factors are different this year from last. We also get a couple company update from Falco and Theralase.

We hope you enjoy this week’s show and have a great weekend!

  • Segment 1: Jeffery Christian, Managing Partner from the CPM Group shares his insights on how the supply side of the gold market is going to lead to a new nominal high by 2020.
  • Segment 2: Craig Hemke, Founder of TFMetalsReport.com discusses some of the different factors that are driving gold compared last year.
  • Segment 3: We get an update on Falco Resources which is planning at $10 million drill program while also continuing to advance its Horne 5 deposit toward production.
  • Segment 4: Roger White, President and CEO at Theralase addresses a recent comment about its clinical trials that needs clarification.

 

  • Political Segment 1: Judicial Expert Allen Mendenhall discusses the Supreme Court appointee with Big Al.
  • Political Segment 2: Big Al and Cory opine of the concept of fake news trickle, down economics and infrastructure spending.
  • Political Segment 3: We discuss social unrest in the United States with Daniel McAdams.
  • Political Segment 4: Big Al and Glen Downs review some of the events this past week during the ongoing battle between Republicans and Democrats.

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:
Al KorelinAllen MendenhallCory FleckCraig HemkeDaniel McAdamsGlen Downs
Jeff ChristianRoger WhiteVincent Metcalfe

Comments:
  1. On February 11, 2017 at 3:12 am,
    ulfie says:

    Theralase. It’s a tragic shame that a basher on a chat board forces valuable time from an interview with such an exciting company and its CEO. Very happy for all those interviews though. I try to learn from them every time. Most exciting stock I have ever owned. Thanks.

    • On February 11, 2017 at 9:08 am,
      Big Al says:

      Good morning Ulfie,

      The commenter simply went in an incorrect direction.

      Actually, I thought that the facts that came out in the interview were worth the effort.

      Best to you.

      • On February 11, 2017 at 9:44 am,
        David says:

        Good update All and Cory. Just points out that the natives get restless when the company goes silent. It is particularly important when certain milestones are put forth and not followed up on either in writing or orally through some form of media. Based on today’s update, stockholders will be looking for an update towards the end of the quarter. Thank Roger for his update and detailed explanation.

  2. On February 11, 2017 at 3:19 am,
    AJ says:

    Garland (a moderate) was also immenently qualified but Republicans even refused to hear hem for close to a year

    Neil Gorsuch Is Supremely Qualified, and Must Not Be Confirmed
    http://europe.newsweek.com/why-neil-gorsuch-must-not-be-confirmed-supreme-court-eichenwald-551429

    • On February 11, 2017 at 5:48 am,
      Steele says:

      Well, we have this thing called separation of powers with three branches of goverment. When the president nominated Judge Merrick Garland last year, the U.S. had divided government with Democrats controlling the executive branch and Republicans controlling the Senate and congress.

      Unfortunately for Judge Garland, there’s no way in an election year that the Republicans would consider confirmation hearings for a moderate/liberal judge to replace a true constitutional constructionist. No way, Biden Rule or not.

      On what grounds will the Democrats oppose Judge Gorsuch? He has impeccable credentials and cares deeply about properly interpreting the law, not creating it by fiat.

      With Gorsuch’s confirmation, the Supreme Court wold be evenly divided between constitutional conservatives and liberals, with Justice Kennedy being the likely swing vote.

      https://www.nytimes.com/interactive/2017/01/31/us/politics/trump-supreme-court-nominee.html?_r=0

      • On February 11, 2017 at 9:10 am,
        Big Al says:

        Steele, thank you for the well thought out and accurate comment.

    • On February 11, 2017 at 9:09 am,
      Big Al says:

      Wecom to the world of politics, AJ. ‘Ain’t life grand”!

  3. On February 11, 2017 at 3:22 am,
    AJ says:

    And on the ‘nuclear option’

    Why Democrats don’t have much to lose through obstructing Trump’s Supreme Court pick
    http://www.vox.com/mischiefs-of-faction/2017/2/2/14476248/democrats-obstruct-gorsuch

    • On February 11, 2017 at 7:04 am,
      OOTB Jerry says:

      I think , they have a lot more to lose, than they can imagine……

      • On February 11, 2017 at 10:37 am,
        OOTB Jerry says:

        referring to demos…of course……..

    • On February 11, 2017 at 9:16 am,
      Big Al says:

      Very thought provoking article.

      I can’t tell you and the rest of the folks who send links in just how valuable they are to me personally as I have many issues demanding my time.

      Thank you all, you are good people.

    • On February 11, 2017 at 10:02 am,
      David says:

      The biggest issue in selecting the next Justice would be their position on Citizens United. If the potential Justice believes that Citizens United should NOT be reversed, then that Justice would be in line with the current “conservative” Justices that voted it in place and other opinions ruling in favor of corporate interests over those of the people. If the new Justice is opposed to Citizens United, then that opinion would allign with the more liberal Justices who lean toward protecting Individual rights as opposed to corporate rights and do not define corporations as people as do the conservative Justices. For some strange reason the people assume the conservative side of the Court protects their rights but never bother to read the kpinios or how the votes were cast.

      • On February 11, 2017 at 7:18 pm,
        GH says:

        Great point, David. Based on my limited knowledge, Citizens United seems like an outrage.

        Is there a good, focused source you can recommend for staying on top of what they’re up to?

      • On February 11, 2017 at 11:31 pm,
        Will says:

        Citizens United was an answer, from the right, to address the unfair political practices of the liberals over many decades. Unions are able to hide behind similar schemes to act as tax free entities and then contribute the monies to corrupt politicians. Repubs simply wanted their own way to do it. Thus we end up with the Citizens United decision. I disagree with both of these practices but the courts have decided to even the political playing field.

  4. On February 11, 2017 at 3:35 am,
    Archdeacon (!) Andrew says:

    Thanks guys. Ref PS 3 as a Brit I remain baffled that George Soros hasn’t been arrested/taken out with his and his sons’ assets frozen. Even in his teens Soros has been an outright psychopath when he first lined his pockets assisting the Nazis by robbing his fellow Jews of their art treasures and gold. Soros is loathed in parts of Europe and most notably in Hungary, while he and his henchmen have been debarred from Russia.

    In seeking to rule the world Soros is hell-bent on destroying it. The fact that so-called anti-fascist lunatics are incoherently brainwashed with the Stockholm syndrome (call it what you will) merely furthers the Soros cause.

    • On February 11, 2017 at 9:20 am,
      Big Al says:

      If you are talking about the Democrats, Jerry, they are loosing big time right now.

      Politive changes in our country like growth will probably bury them for quite some time. But, and I stress, positive changes have to occur. The ball is in our court and we need to score!

      • On February 11, 2017 at 10:38 am,
        OOTB Jerry says:

        ditto………agree

    • On February 11, 2017 at 9:22 am,
      Big Al says:

      Andrew, a very thought provoking missive from you.

      Where can I find documentation of the actions of Soros regarding robbing his fellow Jews.

      Please help as this is very important to me. Thank you.

      • On February 11, 2017 at 11:28 am,
        CFS says:

        Soros in his own words on a 60 minutes interview.

        https://www.youtube.com/watch?v=8ZhIrYxOQsI

        • On February 11, 2017 at 11:32 am,
          Big Al says:

          Thanks, CFS, I will watch it right now.

          • On February 11, 2017 at 12:39 pm,
            CFS says:

            You realize, of course, Soros was very young during the Nazi period. Obviously too young to be blamed for anything he did.
            However, I believe his life experiences (and lack of parental guidance) caused him to develop without moral direction. Amoral character.

          • On February 11, 2017 at 3:15 pm,
            GH says:

            I’m not so sure about that CFS. He was fourteen years old. While it’s not clear from his interview what exactly his role was, I believe many fourteen year olds would refuse to betray their own people by collaborating with the enemy.

            His response on this matter, while at first blush fairly reasonable, reveals an abnormal and potentially psychopathic personality. I imagine that is why this interview was suppressed and unavailable online for many years, until recently (according to people whose business it is to track down info like this, like James Corbett.)

          • On February 11, 2017 at 4:03 pm,
            Big Al says:

            I have to say that I do share your thoughts, GH.

            I opinion, regardless of his rationale, is that I believe that he is a dangerous albeit highly financially successful man.

          • On February 11, 2017 at 7:23 pm,
            GH says:

            What I don’t understand, Al, is what motivates people like him. He, Kissinger, David Rockefeller, Bush Sr., Cheney — all these cadaverous old men who just can’t stop meddling, and also can’t seem to move on to their just reward.

            Does he think he is doing good? Is he simply addicted to the game of power? I believe he has basically described himself as a megalomaniac, and at times has felt ‘god-like’ in his abilities or some such nonsense.

          • On February 13, 2017 at 1:33 pm,
            Excelsior says:

            Great questions GH. They are in their mid 80’s – why do they even care about meddling?

        • On February 11, 2017 at 12:45 pm,
          Archdeacon (!) Andrew says:

          Thanks CFS. Al, watch 10 minutes into interview….Soros seems to have had no qualms over what he did.

          • On February 11, 2017 at 12:53 pm,
            Big Al says:

            Thanks to CFS for this video which I watched in its entirety. I agree with the following comment from CFS about the impact that his childhood had on how Soros now thinks.

            That; however, does not mmean that the true nature of him does not need to be realized by all.

            Certainly raises interesting questions aobut the concept of a “shadow government”.

  5. On February 11, 2017 at 5:24 am,
    clare says:

    thanks Cory for all, and especially the theralase update.

  6. On February 11, 2017 at 5:34 am,
    Markedtofuture says:

    What Voter Fraud? – Mexican Citizen Sentenced To 8 Years In Prison After Illegally Voting In Texas

    Rosa Ortega, a Mexican citizen, has been convicted of voter fraud and sentenced to 8 years in prison in Texas after inadvertently admitting to election officials that she had been voting in Dallas County for years. Apparently the voting fraud was discovered by chance after Ortega tried to register to vote in Tarrant County but was rejected after she admitted that she was not actually a citizen of the United States. While she should have probably just accepted the rejection, Ortega pushed back by arguing that she had already been voting in Dallas County, an argument that drew the attention of investigators.

    Ortega’s voting privileges were approved in Dallas after she falsified her application by claiming to be a citizen. Of course, liberal lawyers, funded by George Soros, have done a masterful job convincing courts around the country that verifying things like a person’s identity and citizenship status prior to allowing them to vote is unconstitutional. Per CBS:

    http://www.zerohedge.com/news/2017-02-10/what-voter-fraud-mexican-citizen-sentenced-8-years-prison-after-illegally-voting-tex

    • On February 11, 2017 at 6:27 am,
      CFS says:

      This case of Maria Ortega is strange. By her own admission she voted 5 times in elections.
      As such at 4 years per felony, she could have gotten 20 years!
      Bought to the US as a child by her mother, but then abandoned, she presumably would have received amnesty under Reagan? If she was legal in the US, it would have been so for more than 20 years, so why did she not apply for US citizenship and obtain dual citizenship? Something here is not quite passing a smell test!

      • On February 11, 2017 at 6:29 am,
        CFS says:

        Oops. Rosa Maria Ortega

      • On February 11, 2017 at 9:26 am,
        Big Al says:

        Great point, Professor.

    • On February 11, 2017 at 9:25 am,
      Big Al says:

      George Soros is an intresting man and certainly needs to be learned more about especially by Big Al who will start that process today.

      • On February 11, 2017 at 1:23 pm,
        Markedtofuture says:

        Big Al,

        you can start here…Chaffetz Accuses Paid Protesters Of Being “Shipped In” To Cause Chaos At Republican Townhalls

        “You could see it online a couple days before, a concerted effort in part to just cause chaos,” the Utah Republican said Friday. “Democrats are in disbelief that they have nothing but flailing and screaming to deal with this.”

        As KSL adds, the relentless jeering at his and other recent congressional town halls around the country comes as protests continue over Trump’s policies. Those protests include the women’s marches held around the world that drew thousands of demonstrators to the Utah Capitol on the opening day of the 2017 Legislature last month. As reported last month, an Ex-WSJ reporter found George Soros had ties to more than 50 “Partners” of the Women’s March, suggesting that the billionaire Clinton-supporter is the mastermind behind this rising wave of protests.

        http://www.zerohedge.com/news/2017-02-11/jason-chaffetz-accuses-paid-protesters-being-shipped-disrupt-republican-townhalls

        • On February 11, 2017 at 4:08 pm,
          Big Al says:

          We will see just how much the election results may dampen his efforts. My opinion: results maybe but effort definitely no at all.

      • On February 11, 2017 at 5:45 pm,
        Bonzo Barzini says:

        Al, is it true that Soros got his start by ratting out fellow Jews to the Nazis in WWII ?

        • On February 11, 2017 at 9:46 pm,
          Stephan B. Feibish says:

          In any case, he was a kid. He did what he was told.

          • On February 12, 2017 at 11:28 am,
            GH says:

            True, and one might forgive him this. The interesting part, however, was his puzzlement over the notion that this experience might have caused him some amount of emotional trauma.

            It was his response to this question, not his collaboration itself, that reveals an abnormal and potentially psychopathic personality.

          • On February 12, 2017 at 2:57 pm,
            Big Al says:

            Stephan, regarding Soros actions as a fourteen year old, you are correct. My point is that I would bet that he has some very deep regrets about his action at the time and that these regrets are influencing his thinking.

            Is he a closet communist, socialist, or just a very hard core Democrat? What do you think?

  7. On February 11, 2017 at 5:37 am,
    Markedtofuture says:

    Amazon Discloses Iranian Transactions That May Have Violated US Sanctions, Warns It May Be “Penalized”

    In a 10-K filed on Friday afternoon, Amazon disclosed that certain transactions and business ties with Iran may have violated U.S. sanctions, warning that it may be penalized after a regulatory review of the activities.

    http://www.zerohedge.com/news/2017-02-11/amazon-discloses-iranian-transactions-may-have-violated-us-sanctions-warns-it-may-be

    • On February 11, 2017 at 9:28 am,
      Big Al says:

      Wow, many thanks Markedtofuture. Having assembled probably 100 10K documents, I realize the severity of that admission.

  8. On February 11, 2017 at 5:48 am,
    Wolfster says:

    Thoughts from Adam Hamilton.I may be biased since I’m invested in golds but I agree with his perspectives
    http://www.321gold.com/editorials/hamilton/hamilton021017.html

    • On February 11, 2017 at 2:47 pm,
      Excelsior says:

      Wolfster – Thanks for Hamilton post.

  9. On February 11, 2017 at 5:48 am,
    Xriva says:

    Does Falco have plans to list on a US exchange ?

    • On February 11, 2017 at 6:45 am,
      CFS says:

      Xriva, I am showing Falco is listed with low trading volume OTC.
      Share Information
      Falco Resources Ltd (FPRGF)
      $0.7291-0.0039 | -0.53%DL
      February 10, 2017 9:36 AM EST
      Volume: 675
      Trade Summary
      Trades:2Value:492.14VWAP:0.729102/10/2017 9:36 AM EST
      Time and Sales
      12:00AM
      Date/Time Price Shares Change Exch/Mkt
      02/10/2017 9:36 AM EST 0.73 175 0.00 OTO
      02/10/2017 9:36 AM EST 0.73 500 0.00 OTO
      02/09/2017 1:27 PM EST 0.73 1600 0.00 OTO
      02/09/2017 1:22 PM EST 0.73 3400 0.00 OTO
      02/08/2017 2:13 PM EST 0.74 4000 0.01 OTO
      02/08/2017 10:33 AM EST 0.77 5000 0.04 OTO
      02/06/2017 9:49 AM EST 0.75 2000 0.02 OTO
      02/03/2017 2:06 PM EST 0.76 175 0.03 OTO

      • On February 11, 2017 at 8:06 am,
        Markedtofuture says:

        MIF January 2017: Falco Resources Ltd. – Vincent Metcalfe

        https://www.youtube.com/watch?v=BR9heRnkh20

      • On February 11, 2017 at 9:32 am,
        Big Al says:

        I have to say, CFS, spending a bit over 30 years in the U.S. regulatory field that I do not considet trading on the OTC or the QX to be even close to a U.S. listing as compared to Nasdaq, Amex, etc.

    • On February 11, 2017 at 9:30 am,
      Big Al says:

      Good question, I will ask Cory to pursue that question.

  10. On February 11, 2017 at 5:49 am,
    OOTB Jerry says:

    Political………
    Elizabeth Warren (D)……….wants to know if Goldman Sakers are running the world…zerohedge

    • On February 11, 2017 at 9:36 am,
      Big Al says:

      Interesting Jerry, in that I was contacted by a publicist last night for a fellow who was involved with Mrs. Warren. She wanted to know if he could be a guest on KER Politics and I responded, of course, as we always discuss both sides of every issue when we can get sophisticated folks from both sides. She got back to me within 1/2 hour and said that he was no longer taking interviews.

      Oh well!

  11. On February 11, 2017 at 6:07 am,
    CFS says:

    With regard to Political Segment 1:
    The ninth Circuit court is a strange Court.
    Populated by predominately by “Left wing nuts” and I do not apologize for calling them such.
    For those cases that are referred up to the Supreme Court no fewer than 83% are modified or reversed by the Supreme Court.
    It is clearly ridiculous that the members of this court should have the power that they have taken for themselves.
    We need a Modification to the Constitution. I would suggest both term limitations and a way by which a Supreme Court decision itself could be over-ridden by Congress or the voting public. This is why a Convention of the States is in process of being generated.
    The writers of the Constitution never envisioned that the Supreme Court would take the power of any final decision, that could read into the Constitution powers that did not exist, or deny factors that were stated in clear English.

    • On February 11, 2017 at 7:10 am,
      OOTB Jerry says:

      I agree with the TERM LIMITS……..life time employment is really a joke, we can see this with Ruth G…she is not getting paid to fall asleep on the job, she just needs to move on.

      • On February 11, 2017 at 7:32 am,
        Excelsior says:

        Term Limits !

      • On February 11, 2017 at 10:49 am,
        David says:

        Justice Ginsberg is remaining on the Court to protect the rights of I dividuals rather than corporations. All you have to do is see who voted AGAINST Citizens United to find out who your friends are ..
        Unless you want the elites to contine buying the government. Time to read opinions and see who voted for what and you will quickly know that Justice G is looking out for you and the Conservatives are looking out for the corporations. Or don’t see who is doing what and cut your own throat.

        • On February 11, 2017 at 11:24 am,
          OOTB Jerry says:

          Since I picked on Ruth, I will give her credit for the vote against corporations. TERM LIMITS was my original thought, for ALL parties. IF, we had term limits, some of the large corporation would not be able to cozy up to lifetime politicians……

          • On February 12, 2017 at 11:04 pm,
            Excelsior says:

            +1

    • On February 11, 2017 at 9:37 am,
      Big Al says:

      Good point, CFS, thank you.

  12. On February 11, 2017 at 6:55 am,
    Matthew says:

    Silver closed higher for its seventh straight week. The last time it beat that run was in 2012.

    http://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=6&mn=5&dy=0&id=p73079471380&a=374891072

    • On February 11, 2017 at 9:39 am,
      Big Al says:

      Interestingly enough Matthew, I am still in a positive position regarding ag. My largest purchase was at $14 (US)

      • On February 11, 2017 at 9:54 am,
        Excelsior says:

        A well-positioned purchase Big Al. Nice.

      • On February 13, 2017 at 7:30 am,
        Marty says:

        Me also Al, back Oct -Dec 2015 when the Au/Ag ratio was as high 83. I bought Ag 3 different times above 80 ratio.

  13. On February 11, 2017 at 7:05 am,
    Matthew says:

    SLV managed to close above the 200 day MA for the first time in three months but silver did not.
    I’ve found that SLV tends to give the better signal when we see such discrepancies between the two, regardless of whether the implications are bullish or bearish.

    http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=1&mn=0&dy=8&id=p60064957413&a=451786106

  14. On February 11, 2017 at 7:12 am,
    CFS says:

    Re: Tax cuts causing increased growth rate:
    It may be hard to prove, but consider the inverse Corollary.

    It has been shown many times in the literature that INCREASING TAXATION REDUCES GROWTH.
    That has happened often enough to be self evident, but if you need literature citations, just ask.

    • On February 11, 2017 at 9:38 am,
      cmc says:

      At least it should be self-evident that cutting corporate taxes can’t hurt as long as the savings find their way into the economy of the nation which cuts those taxes. It should also be self-evident that a corporate tax cut can mean the difference between life and death for struggling businesses.

      • On February 11, 2017 at 9:49 am,
        Big Al says:

        I agree with you on this one, cmc.

    • On February 11, 2017 at 9:48 am,
      Big Al says:

      From a fundamental standpoint, of course, that would make sense, CFS.

      The question that I have is simply “does reducing rates for the top 1% or even the top 5% lead to growth.

      I would like to hear your views on this question.

      • On February 11, 2017 at 10:20 am,
        cmc says:

        Not an answer to your question, Al, but just want to say that a corporate tax cut is not an “1%er” tax cut that ends up in people’s private hands, but in the corporation’s balance sheet.

        If we must have a personal income tax (which I don’t subscribe to) then I have to agree that a cut in that tax should be biased in favor of the little guy in my opinion. The uber-wealthy don’t need anyone’s help and they tend to heavily finance ideological activities because they have done everything and own everything they could want or need, other than power to influence others. The idea then is not to increase economic growth.

        • On February 11, 2017 at 11:11 am,
          Matthew says:

          Most of a corporation’s employees, customers, and shareholders are average, everyday people. Aside from the businesses that rely on government contracts, what’s good for them is generally good for society.

          Rich, business-friendly nations have the richest “poor” people in the world.

      • On February 11, 2017 at 12:59 pm,
        CFS says:

        Suppose the 1% or top 5% are given a tax cut.
        Where do they put the money that is not taken away from them in taxation?
        As one of the top 5%, I can answer for myself.
        That money stays invested.
        Is that better than my selling of stock, giving the money to the Government?
        I guess that depends on one’s belief in the efficiency of Government spending.
        I personally believe most government spending is wasteful, so I am not probably the right person to answer.
        If I had a magic wand then Governments would be reduced by at least 50%.
        Strange as it may seem, in my travels around the world, I have never seen any correlation between government taxation and quality of life.
        People in tax havens, with minimalist government spending seem no more or less happy than those living in highly taxed countries.

        • On February 12, 2017 at 9:40 pm,
          Excelsior says:

          CFS – Interesting thoughts on taxation and quality of life, and yes, the money would stay invested, and I agree that most government spending is wasteful and inefficient.

  15. On February 11, 2017 at 7:30 am,
    Excelsior says:

    Cantor Fitzgerald – QUARTERLY COMMODITY OUTLOOK
    February 6, 2017 – Sector Update – Rob Chang, MBA Mike Kozak

    Bottom is in for Uranium; Gold & Silver Off to the Races in 2017

    Company – Ticker – Rating – Target Rating –

    Avino Silver & Gold Mines ASM-TSXV; ASM-NYSEMKT Buy $4.25

    GOLD-TSXV; GLDLF-OTCQX Buy $4.25 Buy

    Harte Gold HRT-TSX Buy $0.55

    Oceanus Resources OCN-TSXV Buy $0.45

    Pershing Gold PGLC-NASDAQ; PGLC-TSX Buy US$4.70

    Premier Gold Mines PG-TSX; PIRGF-OTO Buy $4.55

    Primero Mining P-TSX; PPP-NYSE Buy $2.00

    Seabridge Gold SEA-TSX; SA-NYSE Buy $20.00

    Azarga Uranium AZZ-TSX Buy $1.10

    Cameco Corp. CCO-TSX; CCJ-NYSE Hold $15.35

    Denison Mines DML-TSX; DNN-NYSE Buy $1.80

    Energy Fuels EFR-TSX; UUUU-NYSE Buy $5.65

    Fission Uranium Corp. FCU-TSX; FCUUF-OTCBB Buy $1.20

    Kivalliq Energy KIV-TSXV Hold $0.15

    NexGen Energy NXE-TSXV Buy $5.50

    Ur-Energy URE-TSX; URG-NYSE Buy $2.40

    Uranium Energy Corp UEC-NYSE Buy US$1.95

    Uranium Participation Corp. U-TSX; URPTF-OTCBB Buy $4.90

    http://cantorcanada.com/sites/default/files/20170206CommodityPriceUpdate.pdf

    • On February 11, 2017 at 7:56 am,
      Steele says:

      Great info! Cantor’s targets show significant upside for these selected companies, especially for Uranium producers (~100-300% higher than current prices). Has uranium bottomed? Sure think so.

      http://futures.tradingcharts.com/chart/UX/W

      • On February 11, 2017 at 8:40 am,
        Excelsior says:

        Yes, I take all price projections with a grain of salt, but what I took away was there was significant upside in most gold/silver and uranium companies (except that they have Cameco and Kivalliq as “holds”). Makes sense, as Cameco has been a bit of a mess lately, and this is why I really prefer the smaller Jr Producers, Developers, and advanced Explorers (over the Majors and Mid-tiers).

        • On February 11, 2017 at 9:16 am,
          Steele says:

          Concur. These are ballpark figures and the quality juniors should outperform going forward. But Cantor Fitzgerald has some great analysts. I saw The Big Short movie again recently and this scene came to mind.

          https://www.youtube.com/watch?v=FoYC_8cutb0

          • On February 11, 2017 at 9:23 am,
            Excelsior says:

            Agreed. Great clip.

    • On February 11, 2017 at 11:45 am,
      Tad says:

      Great info fellas! Love this quote from Cantor:
      “As such, we continue to forecast a violent increase in the price of uranium.”
      Was looking at Azarga (AZZ) this week. It’s one of the very few micro uranium stocks easily purchased in the UK.

      • On February 11, 2017 at 11:57 am,
        Excelsior says:

        Yes, “a violent increase in the price of Uranium” will likely occur when longer-term contracts start getting negotiated.

        The other thing that has me concerned is Cameco’s risk of the Frozen walls they use when drilling deep in watery areas of the Athabasca having a collapse. If that happened it would be shutter supply there for some time until they could get that resolved, and they are spread thin right now anyway with lower Uranium prices taking their toll on the 2016 revenues, and the recent TEPCO decision to exit the most profitable long-term off-take agreement that they had in place.

        Yes, Azarga is easier to trade for those in the UK. Good luck to you an all our investing friends across the pond.

    • On February 11, 2017 at 7:59 pm,
      Stephan B. Feibish says:

      Rob Chang. Isn’t he the “Is this the year for uranium?” guy. Like every year 🙂 Or so it seemed.

      • On February 11, 2017 at 9:21 pm,
        Excelsior says:

        Haha! Yes. But there is still some good research in their Cantor piece.

    • On February 11, 2017 at 8:21 pm,
      Stephan B. Feibish says:

      I learned a hard lesson when I invested (still am) in Fission rather then Alpha Minerals. Fission seemed the safer play. The safer play doesn’t pay well. I think Fission went up 4x on some news, Alpha Minerals 23x?

      • On February 11, 2017 at 9:29 pm,
        Excelsior says:

        Ouch. Yes, many (including me) had very high hopes for Fission, but they messed up by sneering at the offer from Denison, and the exploration focused Fission shareholders didn’t really understand all the moving parts of Denison – African assets (now spun out to GoviEx), their pipeline of exploration projects, their partial ownership of the mill w/ partner Areva (to process the Cigar Lake ore from Cameco), and their Environmental business.

        When that merger fell apart, Fission doubled down on bad decisions by bringing in the Asian consortium as a minority partner, and making them more undesirable for a merger. I still believe someone will take them out at one point, but it’s become much more complicated.

        In addition, their deposit is underwater, so they have all kinds of water issues to deal with, if they are going to move into production down the road. So, they didn’t get bought out, and have a partial stake in their company form a passive partner that isn’t helping them advance their project, and it is going to take a huge investment of capex to make their project work. They have very high grades, but Nexgen has just overshadowed Fission as the real Exploration standout and the more likely takeover target.

    • On February 12, 2017 at 9:40 am,
      Excelsior says:

      PRECIOUS METALS & MINING MACRO
      Gold & Silver Off To the Races in 2017 –
      January 23, 2017 – Industry Report

      http://www.cantorcanada.com/sites/default/files/20170123GoldMacro.pdf

      • On February 12, 2017 at 2:31 pm,
        Big Al says:

        We will certainly see, Excelsior. Gut level feeling here (Korelin household) is that 2017 could be a great year.

        • On February 12, 2017 at 9:26 pm,
          Excelsior says:

          If things don’t break out from present levels, then we’re in for a pullback and sideways trading until the Autumn. Of course, there are always interesting opportunities presenting themselves in individual stocks, independent of the underlying commodity prices.

  16. On February 11, 2017 at 7:38 am,
    Excelsior says:

    Enormous global demand on way for Copper, Platinum, Zinc – Robert Friedland

    8TH FEBRUARY 2017 – BY: MARTIN CREAMER (miningweekly.com) –

    “Enormous global demand is building up for copper, platinum and zinc, driven by new technology, mitigation of health risks in hospitals and agricultural augmentation, Ivanhoe Mines executive chairperson Robert Friedland said on Wednesday.”

    “In a comprehensive address to the Investing in African Mining Indaba, Friedland used statistics from credible global institutions and well-recorded technological advances to highlight major looming copper shortages, strong upcoming platinum demand for hydrogen fuel cells and the practice of adding zinc to soils to grow food, which promotes good health and renders the metal non-recyclable….”

    http://www.miningweekly.com/article/enormous-global-demand-on-way-for-copper-platinum-zinc-friedland-2017-02-08/rep_id:3650

    • On February 11, 2017 at 9:25 am,
      Excelsior says:

      One thing worth highlight here is that increasing Zinc prices are not being properly valued in the Silver miners with so much exposure to it as well as rising Lead prices.

      There are a number of Silver miners with substantial Zinc credits in the mix like:

      $USA $IPT $EXN $GPR $BBB $AXR $SCZ $FR $BHS $GRG $SSO $FSM $KS

      Something to consider as far as trending margins with the Silver miners.

    • On February 11, 2017 at 10:25 am,
      Excelsior says:

      Here’s a good Copper Chart from Goldfinger:

      ____________________________________________________________________

      @Goldfinger – “Copper broke out on heavy volume on Friday, targeting $3.00: ”

      http://cdn.ceo.ca/1c9ugs5-Copper_Daily_2.11.2017.png

  17. On February 11, 2017 at 7:48 am,
    Matthew says:

    I still believe that the Canadian dollar bottomed in December and will have a good year.

    http://stockcharts.com/h-sc/ui?s=%24CDW&p=D&yr=0&mn=11&dy=11&id=p17166312436&a=501512774

  18. On February 11, 2017 at 8:13 am,
    Matthew says:

    Gold has been very impressive this year, yet few are impressed. Let’s hope it remains that way. The higher it can go before the market gets excited, the better.

    http://stockcharts.com/h-sc/ui?s=%24GOLD&p=D&yr=1&mn=4&dy=15&id=p92735104508&a=498192774

    • On February 11, 2017 at 8:30 am,
      Matthew says:
      • On February 11, 2017 at 11:40 am,
        Pete says:

        Nice “seismic” chart.

      • On February 12, 2017 at 9:33 pm,
        Excelsior says:

        Matthew – so on that chart with the fib arcs, since I don’t have visibility to all the indicator values, is the next resistance at the blue arc in general or where the blue arc intersects the grey arc coming off the high? (a little over $1300-$1320 zone)

        • On February 12, 2017 at 9:50 pm,
          Matthew says:

          For the coming week, resistance is where the two intersect. After that, the blue arc is the next resistance.

          • On February 12, 2017 at 11:02 pm,
            Excelsior says:

            Thanks.

  19. On February 11, 2017 at 8:15 am,
    OOTB Jerry says:

    RETARDEd……..
    Mexicans vow to fight Trump…by Jambing up the Courts….zerohedge
    The courts are already backed logged…..so, how is that effective?

    • On February 11, 2017 at 8:18 am,
      OOTB Jerry says:

      Here is the solution…….send all complaints to 9th circuit court….lol

      • On February 11, 2017 at 9:02 am,
        CFS says:

        Last time I checked (last year), the Ninth Circus had the biggest backlog of all circuit courts, already,

        • On February 11, 2017 at 10:50 am,
          OOTB Jerry says:

          Secret there is…….to hold court in a sports arena, and hold them until their number is called….and all judges have to work twenty four seven… 🙂

          • On February 11, 2017 at 11:47 am,
            Tad says:

            Brilliant. They could have lions & a fire pit too 🙂

  20. On February 11, 2017 at 8:43 am,
    Matthew says:
  21. On February 11, 2017 at 8:51 am,
    Matthew says:
  22. On February 11, 2017 at 8:59 am,
    Silverdollar says:

    On Pol. Seg. #2, agree with Al that trickle down hasn’t worked in the past to the degree touted. Also, with Cory’s idea that conditions the economy finds itself in are perhaps much different each time we try this.
    50% +1 voted for change, without really knowing what that would be and not really having any idea what change they wanted. Take SS and Medicare for example. Even though they’re both un-sustainable in their present form, most don’t want their personal checks and benefits to be touched. Well, DUH!
    Sounded like Glen Down had a lot more to say about what individuals can do besides stay away from large political gatherings, but time ran out. Just some random thoughts…………..

    • On February 11, 2017 at 9:54 am,
      Big Al says:

      Yeh and I will revisit this issue with Glen. I do, for my sake and my famly’s sake strongly suggest staying away from large or even smalll demonstrations. It is just a matter of time before the dam breaks!

  23. On February 11, 2017 at 9:05 am,
    Matthew says:
  24. On February 11, 2017 at 9:06 am,
    Silverdollar says:

    Peter Boockvar asks the same question I’ve asked on these pages, namely about the fact that Trump has said that the tax plan will be revenue neutral. Do most even consider what this means? http://kingworldnews.com/peter-boockvar-2-11-17/

  25. On February 11, 2017 at 9:15 am,
    CFS says:

    Silverdollar, I believe Big Al, was incorrect.
    The “growth of an economy is not easy to measure.
    However, at the current approximate level of taxation, it has been shown that if the tax RATE is reduced, then the tax receipts actually increase. (Commonly known as the Laffer effect or Laffer curve) If one assumes the receipts to be proportional to economic activity, then one could reasonably infer that dropping taxation increases economic growth. (One would expect time lags of course, since economic activity has a response time which is non-zero)

    • On February 11, 2017 at 9:38 am,
      Silverdollar says:

      CFS:
      I believe the Laffer curve is too simplistic when there isn’t any accounting or adjustment for the number of taxpayers being taxed at the rate in question. With most income going to a few as opposed to the broad middle class, we simply don’t have enough taxpayers for the theory to work. I would also point out this statement from Wikipedia: “Generally, economists have found little support for the claim that tax cuts from current rates increase tax revenues or that most taxes are on the side of the Laffer curve where additional cuts could increase government revenue Generally, economists have found little support for the claim that tax cuts from current rates increase tax revenues or that most taxes are on the side of the Laffer curve where additional cuts could increase government revenue”. JMO

      • On February 11, 2017 at 1:26 pm,
        CFS says:

        That entry in Wikipedia is factually incorrect.

        I did study tax receipt data after the Reagan tax cuts.

      • On February 11, 2017 at 1:39 pm,
        CFS says:

        A mathematical analysis is not simple because of time delays on the effect of cuts.

  26. On February 11, 2017 at 9:44 am,
    Excelsior says:

    Big Financing Flocking to New Discovery.

    John Kaiser – February 10, 2017

    https://www.youtube.com/watch?v=DlivkEAlCdo&feature=youtu.be

    • On February 11, 2017 at 11:08 am,
      Excelsior says:

      Stateside Report Podcast – February 10, 2017

      “In this episode of the Stateside Report Podcast we introduce our new sponsor again Genesis Metals GIS, talk about the CEO.CA app and the developments this week, we talk about the week in gold and gold stocks and the base metals, we introduce a new feature on volume and percentage gain leaders from the Friday trading and wrap up with news from the Canadian junior exploration stocks including: Colorado Resources CXO, TriMetals Mining TMI, NuLegacy Gold NUG, Metals Creek Resources MEK, Nikos Exploration NIK, Bonterra Resources BTR, Beaufield Resources BFD, Wesdome Gold Mines WDO, and Aurion Resources AU. We talk gold, silver, nickel, zinc, lead, copper, oil, nat gas and uranium.”

      http://comanusrising.com/

  27. On February 11, 2017 at 11:32 am,
    Randall J Palada says:

    The question Big Al is this: Do you want business allocating capital or government….I think the answer is obvious…great show by the way

  28. On February 11, 2017 at 11:35 am,
    OOTB Jerry says:

    FISCHER…….says ….FED is clueless, as to what happens next…….zerohedge

    • On February 11, 2017 at 11:38 am,
      OOTB Jerry says:

      just ABOLISH the Fed. for cluelessness, that is what should happen next…..

  29. On February 11, 2017 at 12:27 pm,
    Steele says:

    Here’s the latest video from the venerable Grant Williams. I believe “4 oz” posted the link on this site a few days ago. It’s worth a repost and a look if you haven’t already seen it.

    https://youtube.com/watch?v=GEwuGHFF7qE

  30. On February 11, 2017 at 12:59 pm,
    OOTB Jerry says:

    Vancouver ……….REAL ESTATE……….there are 66,000 vacant Mansions….bye,bye hot money. zerohedge

    • On February 12, 2017 at 8:15 am,
      OOTB Jerry says:

      China has screwed up the market for the middle class…..where some values are now C$4.9 million for a average home.

      • On February 12, 2017 at 2:32 pm,
        Big Al says:

        He who has the gold rules, Jerry! This is a really great exammple.

        • On February 12, 2017 at 2:58 pm,
          OOTB Jerry says:

          With 66k vacant units in the neighborhood…….supply and demand will change the price.
          The chinese many have squandered some of their gold 🙂

          • On February 12, 2017 at 3:00 pm,
            Big Al says:

            66K vacant units, you mean in Toronto?

          • On February 12, 2017 at 3:19 pm,
            OOTB Jerry says:

            Vancouver

  31. On February 11, 2017 at 2:08 pm,
    russell s hamilton says:

    Let Trump have all his choices including judge Gorsich . Trump will find trying to push around strong personalitys he has appointed will not work. Mattis and Tillerson will push back or he might fire them. Trump is used to firing waiters and bartenders not powerfull cabinat secretarys . He is in over his head and never stops talking . Pray for peace. . S

    • On February 11, 2017 at 4:05 pm,
      Big Al says:

      I agree with you Russell and I do pray for peace daily.

  32. On February 11, 2017 at 2:49 pm,
    Excelsior says:

    Lithium: A Sneak Peek at the Future?? – The “Big Five”

    Published on February 11, 2017
    Joe Lowry – One of the World’s Leading Lithium Market Experts

    https://www.linkedin.com/pulse/lithium-sneak-peek-future-joe-lowry

    • On February 11, 2017 at 2:51 pm,
      Excelsior says:

      *Mt Cattlin #Production Update

      “Galaxy $GXY.AX $GALXF is pleased to announce it has successfully reached 90% of nameplate #throughput with peak feed rate at 95% of design. During February, the Mt Cattlin Operations will continue to increase its throughput and is expected to reach the nameplate design of 210tph within the next week.

      The Company has scheduled its second #lithium concentrate shipment for late February, with the vessel MV Blessing SW called for an estimated berth on or around 24 February. The #shipment will contain an anticipated 15,000 WMT (plus or minus 10%) with product grade averaging 5.5% Li2O and a low 2% mica concentration.

      Recent feed grades of 1.1-1.3% are in line with reserve modelled grades. Ore BCM is currently exceeding short term schedule with a ramp up of mining equipment in February to maintain the long term schedule.”

      http://www.asx.com.au/asxpdf/20170210/pdf/43fx527hpsln9f.pdf

    • On February 11, 2017 at 2:52 pm,
      Excelsior says:

      Lithium Americas $LAC $LACDF : A Good Way To Profit From The Electric Car Boom
      Feb. 1, 2017 – #Lithium

      http://seekingalpha.com/article/4041503-lithium-americas-good-way-profit-electric-car-boom?auth_param=c9otd:1c944ut:16e2d320a0c3894f0c0536a1931f329a&uprof=45

    • On February 11, 2017 at 2:55 pm,
      Excelsior says:

      Mt Marion delivers first Lithium shipment to China
      February 8, 2017 – (NMT.AX) (RRSSF) (MIN.AX) (MALRF)

      “The shipment follows the project’s successful commissioning and ramp up of production, set to produce 400,000tpa at full capacity.

      – Neometals managing director Chris Reed said the project’s first shipment was a milestone for its company and partners.

      – Mineral Resources managing director Chris Ellison said the inaugural shipment from the project “is the outcome of hard work and dedication by the construction and operations teams of MRL (Mineral Resources)”.

      “I also congratulate our Mt Marion partners on this important project milestone and thank them for their continued trust and support,” Ellison added.

      https://www.australianmining.com.au/news/mt-marion-delivers-first-lithium-shipment-to-china/?utm_source=dlvr.it&utm_medium=twitter

      • On February 11, 2017 at 2:56 pm,
        Excelsior says:

        Joe Lowry ‏@globallithium Feb 8

        “Congrats to #Ganfeng #Lithium & $NMT.AX ! Mt Marion ships spodumene concentrate for the first time.”

        https://twitter.com/search?q=%24NMT&src=ctag

    • On February 12, 2017 at 9:50 am,
      Excelsior says:

      The Greatest Prize In All History – (Again)

      by @Gianni on February 12, 2017

      “The average electric vehicle has 100 kilograms of copper. When a 200 MW wind park is constructed, it requires on average 5 tonnes of copper per MW, whereas conventional power generation – thermal coal, natural gas, nuclear – requires 1 tonne per MW. The average American household has ~400 pounds of copper – that has remained unusually static for decades. So what happens in the house where Musk did his solar roof demonstration. The exact maths have yet to be completed, yet a pencil and paper are not essential for a basic understanding. Between the home, solar roof, batteries and one EV, there would easily be in excess of 1,000 pounds of copper in an energy self-sufficient dwelling.”

      “The potential for: copper, lithium, cobalt, nickel, and others, is mind boggling.”

      https://www.ceo.ca/@gianni/the-greatest-prize-in-all-history-again

  33. On February 11, 2017 at 3:10 pm,
    Excelsior says:

    Just keeping investors up to date. 28 out of 28 of the investors that entered stocks into the “Safest Stock Picking Contest” are at a 10% return or greater since the beginning of the year. That’s pretty phenomenal.

    The rules for this contest (since we have a few going on CEO) were stocks that still represented a Double in 2017 but were “Safer” bets than some of the more risky positions entered into the other contests.

    It’s worth reviewing all the different crowd-sourced picks:

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

  34. On February 11, 2017 at 4:12 pm,
    Karl Bergman says:

    MXSG had a nice bump off its pullback.

    • On February 11, 2017 at 6:26 pm,
      Excelsior says:

      Agreed. I was telling an investor in an exchange that anywhere in the $.08-$.09 zone is a good place to buy, and added a little more right over $.09 myself.

      Right after that they put out that interview to clarify their dates moving into production, and the stock closed Friday at $.127 (up over 25% on the day) 🙂

      I’ll repost that interview below:

      ______________________________________________________________________

      (MXSG) Mexus Gold US – CEO Paul Thompson Audio Interview
      FEBRUARY 8, 2017, BY: THE WALL STREET ANALYZER
      #GOLD #Mexico#Development – Near-term #Production

      Finally some important dates for Mexus (MXSG):Leach pad working towards target start on Feb 22ndGold production to begin on March 15th.Let the fun begin….

      http://wallstreetanalyzer.com/2017/02/08/mexus-gold-us-otcqb-mxsg-ceo-interview/

  35. On February 11, 2017 at 5:45 pm,
    Wolfster says:

    Thom updating a lot these days with so much happening and rotating his portfolio
    http://thomcalandra.com/fingers-in-motif-baskets/

  36. On February 11, 2017 at 6:15 pm,
    Markedtofuture says:

    Jim Rogers: “We’re About To Have The Worst Economic Problems Of A Lifetime, A Lot Of People Will Disappear”

    zerohedge/news/2017-02-11/jim-rogers-were-about-have-worst-economic-problems-lifetime-lot-people-will-disappea

    Published on Feb 10, 2017
    Erik Townsend welcomes Jim Rogers back to MacroVoices. Erik and Jim discuss:

    — What’s in store for the U.S. Equity Markets?
    — Outlook on the U.S. Dollar
    — Is the 35-year bond bull market over?
    — Where are junk bonds going?
    — History of government failures
    — His views on the global populist movements
    — Is there war on the horizon?
    — Are the Russian’s being scapegoated?
    — Update on his views on gold
    — His views on movement to cashless society
    — Are we moving away from a free society?

    https://www.youtube.com/watch?v=I7e5BRcgPoA

  37. On February 11, 2017 at 6:33 pm,
    Excelsior says:

    I did a little work on Uranium stocks today and put together this UEX Corp info and figured it might be nice to share it here on the KER, in case any other investors are following their progress:

    One thing that is important to note is that $UEX $UEXCF is not a one trick pony. Many of their Western #AthabascaBasin #Uranium properties are JV’d with $AREVA. There is no doubt that Areva is a powerhouse in the Uranium space, and I could see them acquiring $UEX down the road, or at least this group of projects:

    https://image.slidesharecdn.com/corporate-presentation-jan-31-2017-170203020405/95/corporate-presentationjan312017-19-1024.jpg?cb=1486087463

  38. On February 11, 2017 at 8:43 pm,
    Excelsior says:

    2 Gold Juniors Ripe For Takeovers (Avnel Gold & Eastmain Resources)

    Feb. 10, 2017 – Taylor Dart (7,835 followers on Seeking Alpha)

    “Avnel Gold Mining(AVK) (AVNZF) is a gold explorer that is currently exploring financing opportunities to move its 80% owned Kalana Main project towards production. The project is seated on a 387 square kilometer land package and is fully permitted with the ESIA approval received in 2016.

    Kalana Main currently hosts 3.1 million ounces of gold at an average grade of 4.1 grams per tonne (g/t). This grade may not seem that exceptional at first glance, but it is industry leading when it comes to open-pit mines. To put this grade in perspective, Guyana Goldfields (OTCPK:GUYFF) and Torex Gold (OTCPK:TORXF) both operate open-pit mines and have average grades of 2.94 g/t and 2.62 g/t, respectively.”

    “High grades often accompany low all-in sustaining cash costs, and in this department Avnel is in the top quartile. The optimized feasibility study has outlined the potential for all-in sustaining cash costs of $560/oz for the first five years, and $730/oz for the remainder of the mine life. Compared to the industry’s average all-in sustaining cash costs of $875-$900/oz, these metrics are quite impressive. The feasibility study envisions the potential for annual production of 148,000 ounces for the first five years, with life of mine average production of 101,000 ounces. Mines producing over 100,000 ounces annually are very attractive to mid-tier gold producers,…”

    http://seekingalpha.com/article/4044709-2-gold-juniors-ripe-takeovers

  39. On February 11, 2017 at 9:04 pm,
    Excelsior says:

    Gut Feel on Gold
    February 10, 2017 – posted by Surf City

    https://surfcity.co/2017/02/10/gut-feel-on-gold/

  40. On February 11, 2017 at 9:07 pm,
    Excelsior says:

    Light Pullback For Gold: Key Tactics
    Morris Hubbartt – posted Feb 10, 2017
    Super Force Precious Metals Video (TechnicalAnalysis)

    Gold, Silver, & T-Bonds Key Charts Video Analysis

    https://superforcesignals.com/video/2017feb9gold/2017feb9gold.html

    • On February 11, 2017 at 9:09 pm,
      Excelsior says:

      SFS Key Charts & Tactics Video Analysis ( $FXI $XLE $GDX $FNV)

      https://superforcesignals.com/video/2017feb9sfskey/2017feb9sfskey.html

      • On February 11, 2017 at 9:09 pm,
        Excelsior says:

        SF Juniors Key Charts & Tactics Video Analysis – $GDXJ $AKG $SVM

        https://superforce60.com/video/2017feb9sfj/2017feb9sfj.html

        • On February 11, 2017 at 9:10 pm,
          Excelsior says:

          SF Trader Time Key Charts Video Analysis – $DUST $TMV

          https://sftradertime.com/video/2017feb9sft/2017feb9sft.html

          • On February 12, 2017 at 8:34 am,
            RICHARD/DOC says:

            I believe Hubbard has a good chance of nailing it.

          • On February 12, 2017 at 10:14 am,
            Excelsior says:

            Morris is usually on track, but like all technicians has had a few detours. (don’t we all)

            I so like his shotgun approach to lining up 3 to 4 data points from chart patterns, to trend lines & moving averages, to volume movement, and of course considering the various indicators. As a bonus he actually “names” many of his charts and it kind of cracks me up. He also used to run his own business (construction I think) so he isn’t a polished Wallstreet stuffed shirt, but rather a successful guy that figured out charting and does a pretty good job conveying complex ideas in a fun way.

            I look at them each Friday / weekend (and try to post them each week on Friday or the weekend show).

          • On February 12, 2017 at 10:23 am,
            Excelsior says:

            BTW – These Morris Hubbart videos are are posted every Thursday/Friday on 321gold.com (Thanks Bob M.)

            Often the whole article is worth reviewing, as he includes charts that don’t always appear in the video segments. I’ve just founds people are kinda lazy readers and are more likely to watch the videos if the direct links are posted.

            For anyone that is interested, it is encouraged to review of the static charts as well as the videos segments. Cheers!

            http://www.321gold.com/editorials/sfs/hubbartt021017.html

    • On February 12, 2017 at 10:09 am,
      Excelsior says:

      There is also some good Silver analysis on that first video up above with Morris Hubbartt.

  41. On February 11, 2017 at 9:19 pm,
    Excelsior says:

    Moving at the Speed of Trump
    by Gary Wagner – February 10, 2017 #TechnicalAnalysis #VIDEO
    #Gold #Silver #Dollar #Nasdaq

    http://thegoldforecast.com/video/moving-speed-trump

  42. On February 11, 2017 at 10:13 pm,
    Lawyer says:

    THERALASE: What you’re describing is LIBEL… not SLANDER. Defamation has two varieties. Slander is verbal defamation, very difficult to prove without live witness testimony. Libel is communicated in print/text, easy to prove if you have copies of the document. This defamation regarding TLT’s clinical trials apparently occurred in a blog post or a message board comment, thus it is allegedly libel, NOT slander. The obvious problem here however is that the statement was true (Big Al himself stated as much in his first sentence of this segment.) And truth of the statement is a full and complete defense to any allegation of defamation, whether libelous or slanderous in flavor.

    • On February 12, 2017 at 2:55 pm,
      Big Al says:

      Yep, the blogger is very cleaver.

      Unfortunatelly, many people will interpret it as being negative to Theralase. That is what i said.

      By the way, thank you for this comment.

    • On February 12, 2017 at 7:43 am,
      Markedtofuture says:

      Empire Strikes Back on Trump-Catherine Austin Fitts

      Investment advisor Catherine Austin Fitts says the oligarch, or establishment class, is on the attack. She calls this latest chapter in the Trump Administration “The Empire Strikes Back.” Fitts explains, “Number one, Trump came into Washington with an agenda that would really make America great again: tax reform, regulatory relief, infrastructure and Obama Care. Immediately, he got bogged down in those for a variety of reasons. If you look at Congress’s constituents, they can’t make money solving those things, particularly if it helps regular people. So, immediately you bog down on those issues. He’s trying to get his cabinet in place. In the meantime, you have the Empire worried about a variety of things. If you want to slow Donald Trump down or make sure the only thing he can get through Congress are things that are good for what I call the “piggies,” . . . the first thing you do is take out their loyal lieutenants. You take them out and try to put space between him and his lieutenants.”

      Fitts, who was an Assistant Secretary of Housing in the first Bush (41) Administration, goes on to say, “The U.S. bureaucracy is huge and very complex, and it’s a matrix structure. The thing you want to do is bollocks him up in the structure. The reason you want to bollocks with a bureaucracy or the courts is then you bring everything into the mud and complicate their lives and make things harder to do. . . . What you are seeing is a war between the ‘piggies’ and ‘Titanic Turners.’ The big question is can Trump learn how to play the game.”

      How does Trump win? Fitts contends, “Trump wins by staying focused on the real issues. The U.S. economy needs a variety of things, including turning the federal budget around. . . . . The reality is the federal budget has a negative return to taxpayers. It’s got to be turned positive. . . . That comes down to tax reform, infrastructure and it comes down to Obama Care. . . . Trump is the Titanic Turner, and he needs to stick to the big issues. . . . He has to make sure the shriek-o- meter does not destroy his top lieutenants and put space between him and them. Otherwise, the pigs are going to step in and run things.”

      In closing, Fitts says, “What’s killing this economy is corruption and lawlessness. That’s what’s killing the economy. We need to deal with these problems.”

      Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, founder of “The Solari Report”

      https://www.youtube.com/watch?v=i4lPBznVCJU

      • On February 12, 2017 at 1:46 pm,
        OOTB Jerry says:

        Check out CLIFF HIGH at js mine set…sinclair’s sight…………GOOGLE is on the attack for screwing down alternative news.

        • On February 12, 2017 at 2:24 pm,
          Big Al says:

          If that is true Jerry, I am not sulrprised. Sad

          • On February 12, 2017 at 2:40 pm,
            OOTB Jerry says:

            I guess we will have to work in code………freedom of speech will be attacked by the piggies

          • On February 12, 2017 at 2:47 pm,
            Big Al says:

            We, very unfortunately, could be starring that in the face right now. I certainly hope not and that commone sense prevails. If forums like our were shut down, I truly would not know what the future would hold.

          • On February 12, 2017 at 3:11 pm,
            OOTB Jerry says:

            The piggies do not deal in common sense.

          • On February 12, 2017 at 3:19 pm,
            CFS says:

            Google can be taught a lesson —USE a DIFFERENT search engine.

        • On February 12, 2017 at 3:16 pm,
          Markedtofuture says:

          The attack of the big G spot!

          Published on Feb 11, 2017

          The big G spot! Strategies and tactics to avoid SEO golden showers from TPTB.

          This video is a brief discussion of the recent coca-colaing = censorship of the alt media by the bit G spot.

          https://www.youtube.com/watch?v=rzYEjhU73ow

          • On February 12, 2017 at 3:22 pm,
            OOTB Jerry says:

            thanks for posting……..we all need to work together on this one………jmho

      • On February 12, 2017 at 2:34 pm,
        Big Al says:

        I could not agree more with her, Markedtofuture.

  43. On February 12, 2017 at 10:36 am,
    CFS says:
  44. On February 12, 2017 at 11:03 am,
    CFS says:

    This video with Charlie is about 20 years old, but is incredibly prophetic.
    It and the next 5 parts explain how and why our trade situation is where it now is.
    https://youtu.be/4PQrz8F0dBI?list=PL4F1C94B5063C669E

    (bringing education to those that wish to learn and understand)

    Lord Goldsmith I believe, is no longer with us, but a brilliant industrialist, who really understood the future.

    • On February 12, 2017 at 2:50 pm,
      Big Al says:

      If you are talking about the interiew with Spros, I decided to read one of his books on economics which I started yesterday. It deals with his thoughts on the causes of the economic trauma in the UK and the U.S

      So far there is not a lot to disagree with. Remember, I just started it.

  45. On February 12, 2017 at 12:41 pm,
    BDC says:
    • On February 12, 2017 at 12:48 pm,
      OOTB Jerry says:

      or may not………….

      • On February 13, 2017 at 5:28 am,
        BDC says:

        It looks like Billy missed his chance: https://www.youtube.com/watch?v=6m2bqGRDWt4.
        Gold may be on its way down, for now. A good buying opportunity is coming.

        • On February 13, 2017 at 6:36 am,
          OOTB Jerry says:

          I am beginning to like cowboy bill……… 🙂

  46. On February 12, 2017 at 1:40 pm,
    Paul L. says:

    Real estate market here in Toronto is too hot. I have been trying to buy a condo in downtown as an investment but people keeping bidding higher than asking. You can’t even put in a conditional offer as it will get ignored so you have to hope the mortgage goes through. It is like going to a restaurant and deciding what % tip to give. Some homes are going for up to 50% more than asking price.

    • On February 12, 2017 at 2:25 pm,
      Big Al says:

      Is it primarily Asian money?

      • On February 12, 2017 at 3:01 pm,
        OOTB Jerry says:

        There is your hot money again………

      • On February 12, 2017 at 4:14 pm,
        Paul L. says:

        It is Asian money and middle eastern money coming in. I had my wife go check some units today in a snow storm while I catch up with office work and I signed via email on a 2 bedroom at 580k and it was listed for 555K but one offer was much higher than this.
        A shoe repairman low income tax client of mine sold a tiny 2000 sq ft rental house in Richmond Hill (suburb of Toronto) for 1.4 million in a not Chinese area. He listed it for 1.2 and purchased around 450k maybe 8 years ago.

        • On February 12, 2017 at 4:15 pm,
          Paul L. says:

          Should say hot area.

        • On February 12, 2017 at 9:50 pm,
          Excelsior says:

          It is interesting how much foreign investment in real estate is driving up valuations to nose-bleed levels, is displacing many of the local workforce, and causing them to live further and further out of town. It’s happening on the West Coast in Vancouver (although reduced now that the new regulations were put in place), Seattle, Portland, etc….

        • On February 12, 2017 at 9:47 pm,
          Excelsior says:

          Thanks for that street view Paul L. Nice condos. I drove on down the street and checked out the stadium as well. Yes, very close.

  47. On February 12, 2017 at 1:45 pm,
    Markedtofuture says:

    Fed ‘Insider’ Exposes The Evils Of US Monetary Policy Recklessness

    Danielle DiMartino Booth, former analyst at the Federal Reserve Bank of Dallas, has just released the book Fed Up: An Insider’s Take On Why The Federal Reserve Is Bad For America.

    In it, Danielle describes how the Federal Reserve is controlled by 1,000 PhD economists and run by an unelected West Coast radical with no direct business experience. The Fed continues to enable Congress to grow our nation’s ballooning debt and avoid making hard choices, despite the high psychological and monetary costs. And our addiction to the “heroin” of low interest rates is pushing our economy towards yet another collapse.

    This reckless monetary policy pursued by the Fed has resulted in the rich elite becoming markedly richer, while savers and retirees are being absolutely gutted. All while risking a coming conflagration in the bond markets that will destroy a painful percentage of the world’s financial wealth:

    On The Ticking Bond Market Time-Bomb

    http://www.zerohedge.com/news/2017-02-12/fed-insider-exposes-evils-us-monetary-policy-making

    • On February 12, 2017 at 3:28 pm,
      OOTB Jerry says:

      Just abolish the FED…….

  48. On February 12, 2017 at 3:25 pm,
    CFS says:

    I would be shouting “Abolish the Fed” at the top of my lungs, but….

    I trust politicians less than the Fed. Can you imagine how long it would take for corrupt crony politicians in charge of the US dollar to destroy it?

    • On February 12, 2017 at 3:29 pm,
      OOTB Jerry says:

      TERM LIMITS

      • On February 12, 2017 at 3:30 pm,
        OOTB Jerry says:

        and JAIL TIME

        • On February 12, 2017 at 3:31 pm,
          OOTB Jerry says:

          The money has already been stolen……..need a little CLAW BACK

          • On February 12, 2017 at 9:51 pm,
            Excelsior says:

            Spoken like….. The Claw!

          • On February 13, 2017 at 4:27 am,
            OOTB Jerry says:

            🙂

  49. On February 12, 2017 at 4:22 pm,
    CFS says:

    Looks to me Zuma of S. Africa wants to go full Mugabe!

  50. On February 12, 2017 at 4:38 pm,
    Markedtofuture says:

    Robert Steele: Memorandum for the President – Warning on a Violent American Spring, Eight Actions for Donald Trump to Make America Great Again

    http://www.davejanda.com/guests/robert-david-steele/sunday-february-12-2017

  51. On February 12, 2017 at 5:06 pm,
    Ozibatla says:

    There is know way these elitists are going to willingly change the system. It is fraudulent and prosperous for those in the know. Play the system towards your benefit as best you can until the “unforseen” disaster hits and forces change. I hate being cycnical but unfortunately it is a fact of life

  52. On February 12, 2017 at 5:08 pm,
    Ozibatla says:

    Sorry, that was meant to say cynical

  53. On February 12, 2017 at 5:53 pm,
    Markedtofuture says:
  54. On February 12, 2017 at 6:17 pm,
    CFS says:

    Montana Energy Uncertainty Comes As Large Solar Farm Planned
    Associated Press – Sun Feb 12, 2:29PM CST
    BILLINGS, Mont. (AP) — Plans for a Billings solar farm are heating up just as renewable energy politics cool at the Montana Legislature.

    The MT Sun solar farm would produce 80 megawatts of electricity, enough energy to power 14,400 homes. It would be Montana’s largest solar project, spanning 480 acres, and the first on public land, the Billings Gazette reports .

    It would cost $90 million to $110 million to build. The state signed a lease with MT Sun last September and expects to begin the environmental work on the project in the coming months.

    It would be built on trust land

  55. On February 12, 2017 at 6:36 pm,
    Matthew says:

    The gold-silver ratio hasn’t looked this friendly to gold/silver sector bulls in a long time:

    http://stockcharts.com/h-sc/ui?s=%24GOLD%3A%24SILVER&p=W&yr=3&mn=11&dy=0&id=p81212637195&a=474485159

    • On February 12, 2017 at 10:38 pm,
      Excelsior says:

      Yeup – looking forward to continued out-performance by Silver over Gold. Good chart.

      • On February 12, 2017 at 10:47 pm,
        Matthew says:

        Look at that MACD. The ratio is heading for the mid 50s (to start) and the miners will do extremely well at the same time.

  56. On February 12, 2017 at 7:28 pm,
    Dick Tracy says:

    Copper is breaking out again, around $2.80 in Asia. I believe that the principle cause of coppers rise is not greed but fear, the fear of not having enough and the supply that is fueling it mostly comes from unstable jurisdictions except for Chile where labor problems are now on the front burner. DT

  57. On February 12, 2017 at 7:53 pm,
    CFS says:

    From the land of Fruits and Nuts, the Chief Nut is still pushing climate change!
    https://youtu.be/nIhfz9KzVFc

  58. On February 12, 2017 at 8:09 pm,
    CFS says:

    Trump to cut out waste, Fraud and Abuse?

    Bye, Bye, Bamaphone:
    https://www.youtube.com/watch?v=FnHIhs_YRTA

  59. On February 12, 2017 at 11:36 pm,
    Excelsior says:

    Main St., Wall St. Call For Gold To Extend Rally
    By Allen Sykora – Friday February 10, 2017

    Wall Street is 56% bullish, Main Street is 55% bullish.

    http://www.kitco.com/news/2017-02-10/Main-St-Wall-St-Call-For-Gold-To-Extend-Rally.html

  60. On February 13, 2017 at 12:12 am,
    Excelsior says:

    Precious Metals Video Update: Gold Follows Miners Higher
    FEBRUARY 10, 2017 – Jordan Roy-Byrne

    http://palisaderadio.com/precious-metals-video-update-gold-follows-miners-higher/

  61. On February 13, 2017 at 12:36 am,
    Excelsior says:

    $PGM $LRTNF Pure Gold Reports Third Quarter Financial Results
    (Marketwired – Feb. 10, 2017) – (TSX VENTURE:PGM) #Gold #Exploration #Drillplays

    “…announced the commencement of its calendar 2017 exploration activity, which is anticipated to be a phased program. In addition to opening of the McVeigh portal and ramp to allow for detailed geological mapping and sampling, Phase I will include up to 70,000 metres of #drilling from both surface and underground.

    Drilling will be focused on expanding the mineral resource with wider step-outs at the McVeigh, Austin and A3 targets guided by an improved geologic understanding. Underground drilling will target near surface mineralization, with a goal of expanding the resource and providing definition of potential mining shapes.

    The Company plans to update its Mineral Resource for the Madsen property by the end of the second half of calendar 2017, incorporating more than 150,000 metres of new drilling completed since the last resource update;…”

    http://www.marketwired.com/press-release/pure-gold-reports-third-quarter-financial-results-tsx-venture-pgm-2195238.htm

  62. On February 13, 2017 at 1:34 am,
    CFS says:
    • On February 13, 2017 at 1:54 am,
      CFS says:
      • On February 13, 2017 at 5:42 am,
        OOTB Jerry says:

        CHANGE WE CAN FORGET………………… thank goodness we are rid of that joker….

        • On February 13, 2017 at 5:46 am,
          OOTB Jerry says:

          label it MORON REPORT…..next time………… “)

  63. On February 13, 2017 at 1:40 am,
    CFS says:

    https://youtu.be/yRhV_gyRwrM

    For those that believe the Swamp is being drained….

    • On February 13, 2017 at 6:07 am,
      OOTB Jerry says:

      thanks

      • On February 13, 2017 at 6:08 am,
        OOTB Jerry says:

        more inside fleecing of america….

  64. On February 13, 2017 at 4:05 am,
    wolfster says: