The potential of metals pulling back to the 2015 lows
The Gold and Oil Guy Chris Vermeulen shares his thoughts on the summer doldrums and the warning signs he is seeing for the metals. With the USD bouncing after coming very close to breaking to a 2 and a half year low and the US equity markets continuing to move higher Chris thinks investors could shun the metals again if this continues. He is not guaranteeing a breakdown in the metals to their 2015/2016 lows but he is not ruling it out.
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Franco-Nevada Reports Strong Q2 Results
@newswire on August 8, 2017
https://ceo.ca/@newswire/franco-nevada-reports-strong-q2-results
We clearly have corrupt morons dominating Congress:
I am surprised , there are not more riots in the streets……..although, St.Louis has gone hot, the State Troopers moving into the city, to assist the City Police.
Trump to Kim………”hot and furious, like you have never seen before”…zh
Trump Threatens North Korea With “Fire And Fury Like The World Has Never Seen Before”
Speaking at a press event at his golf resort in Bedminster, N.J., President Trump offered a stern warning to the rogue dictator of North Korea, Kim Jong Un, saying that he “best not make any more threats to the United States” or they “will be met with fire and fury like the world has never seen.” Per Bloomberg:
Kim’s days are numbered……….the UN is backing Trump……15 to 0……Kim better get in his hidy hole……..
I think Ross Clark is still too cautious about the loonie. It looks like it is getting ready for another push higher before it finally takes an extended break. At the least, I bet it will test the recent high.
http://stockcharts.com/h-sc/ui?s=%24CDW&p=W&b=5&g=0&id=p36371369087
*I have already sold most of my $CAD for $USD.
God save us from ignorant people who use threats and bluster in this day and age without realizing the weapons any potential enemy may have.
Iran, North Korea and Pakistan have been exchanging information with regard to missile and bomb technology.
In this and succeeding posts I will indicate just some of the capability they have with regard to nuclear technology.
In addition to older design bombe such as the normal fission and fusion bombs, they have newer versions such as dirty bombs, EMP bombs and neutron bombs.
These bombs vary from quite small (often called suitcase size) to quite large, but MAKE NO MISTAKE they have the ability to deliver these by satellite and submarine for sure, and N. Korea now also appears to have the capability by ICBM.
First the small (localized) neutron bomb:
Here is Pakistan’s bomb, which they have not used because India developed a similar bomb almost simultaneously.
https://www.youtube.com/watch?v=NhbPEqcNvQo
https://www.youtube.com/watch?v=0Tx983al3N0
Pakistan and N. Korean collusion.
Here is why Pakistan did not use a neutron bomb against India.
Kim……..might bomb Guam……..so he says……..
I just witnessed what Trump said and it was quite cringe worthy. Its almost as if hes reading off an actors script. Such lines and quotes surely dont belong on the worlds political stage. Warranted or not, such behaviour is reckless and purposely provocative.
Thanks Chris & Cory. Very interesting discussion.
I’m sure there are a lot of us still waiting for one last crush below $1,200 & $15 on the metals….
Kirkland Lake drills 33.6m of 338 g/t Au at Fosterville
2017-08-08 06:39 ET – News Release
Mr. Tony Makuch reports
KIRKLAND LAKE GOLD REPORTS ADDITIONAL HIGH-GRADE DRILL RESULTS AT FOSTERVILLE, CONTINUES TO DEMONSTRATE GROWTH POTENTIAL OF SWAN ZONE