Comments on the US Equity Markets and Precious Metals
Rick Ackerman is with us today to update his comments on the US equity markets and precious metals. Geopolitics is driving markets but Rick is not jumping on board with this move. He shares his targets with us all.
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Surely Kim must realize the consequences of bellicose action against the US, as opposed to talk.
So can he be thinking that:
1. He can extract favors out of the US or China in exchange for peace?
2. Is he thinking, perhaps, he needs to talk big in order to keep his country unified?
3. Is he worried about his population wanting to re-unify with S. Korea and kick him out of power?
I don’t accept he is necessarily simply mad.
CFS – Those are 3 interesting potentials to consider for a motive.
Here’s another option that could play out for him:
Remember the peace talks under Clinton with N. Korea?
https://www.youtube.com/watch?v=6TcbU5jAavw
They agreed to scrap their nuclear program in exchange for S. Korea giving them electric power infrastructure.
N. Korea got the electric power for free and cheated on the deal to scrap their nuclear program. Is that the act of a mad person or a lying cheating immoral scumbag providing for his country cheaply while maintaining power?
“bomb North Korea into the stone age”. Many never learn. Rhetoric never changes. Let’s remember past bombing campaigns. Germany and Japan during WWII. Neither were defeated by the bombers. Vietnam: More bomb tonnage used against NVN than used in WWII. Never brought them to the table or even slowed them down, whether Johnson or Nixon was doing the ordering.
No, facts suggest this one can’t be solved by bombs………..military action is the worst possible nightmare and can’t be an option unless Kim starts actively doing something worse than he is doing…
Geo-political analysis on the North Koreans has been wrong for years. It doesn’t look like there is rampant starvation and they certainly have excellent manufacturing and machine making abilities, unless all that military equipment is nothing more than mock-ups.
We may have to just live with whatever they are…….
That reminded me of this nearly 30 year-old routine:
I always got such a kick out of Bill Hicks. Brilliant mind and comedian.
Some believe he didn’t die and became Alex Jones 🙂
Amen. The planet has lived for decades with a ‘three minute warning”, so nothing has changed. Kim will just want to make sure he won’t end up like Saddam and Khadaffi and his dynasty survives.
on possible options:
We’re Not Out Of Time On North Korea. Here Are Our Options
http://thefederalist.com/2017/08/09/not-time-north-korea-options/
With apology for language:
https://www.youtube.com/watch?v=E8vmaj75xzE
“WOW”…CFS…Your a dark horse…..The rocking prof……….HaHa
CFS – I’m surprised you are a tool fan. Saw them play a festival back in 2007 and the stage show was amazing, but quite dark and jarring. An interesting voice in the wilderness.
Gold sputtered but silver blasted off! I netted 4.5% on USLV today and 2% on Ether. Walked with $37 profit in my pocket and about $1600 back on the table for play. So much for the world ending.
Jason . $37 profit…..The drinks are on you, mine’s a Guinness….haha.
BTW it was a good up day for G&S.
Silver is again at important resistance. The breakout is probably coming very soon.
http://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=5&mn=6&dy=0&id=p43908642791&a=518191349
Matt,
lets hope that pans out…. I backed up a medium-sized minivan on IPT yesterday!
confused – please let me know if you get out the moving truck for the next tranche 🙂
I’ve already fortified my $IPT position somewhat recently, but all this Impact chatter the last few days has me wondering if I need to grab a little more.
Over on Ceo.ca a few more sharp investors are liking what they see with Impact and Santacruz Silver and Excellon.
Ironically they weren’t as sold on Avino. Here at the KER more investors are keen on Avino but rarely discuss Excellon or Santacruz.
Both sites seem to have fans of Americas Silver, Endeavour, and even Alexco.
Today (DV) Dolly Varden got a fair amount of discussion around it from their drill results over at ceo and from people that are not usually Silver investors.
* Personally I really like them all and just decided to own them all….. 🙂
DOLLY VARDEN INTERCEPTS 12.55 METRES GRADING 520 G/T SILVER-EQUIVALENT, INCLUDING 7.00 METRES GRADING 765 G/T, IN THE TORBRIT DEPOSIT AREA OF THE GOLDEN TRIANGLE, NORTHWESTERN BRITISH COLUMBIA
Aug 9, 2017 – Dolly Varden Silver Corporation (DV) (DOLLF)
EX,
I’ve grabed a few minivans of ITP this year so it might actually add up to about 3/4 a Ford F 250 XLT ): “not investment advice”…just deploying some $ from my NVO winnings. JAG + P will be my next minivan run. Not sure when this turkey will buy….but P looks pretty poised to run in the next few months.
+187.5 (3/4 of a Ford F 250)
IPT has probably bottomed.
http://stockcharts.com/h-sc/ui?s=IPT.V&p=D&yr=1&mn=2&dy=0&id=p40829601527&a=517725786
It would be nice if IPT has bottomed here. I’m ready for some of these silver miners to run and throw off a little cheddar.
Silver looks good tonight. If it holds up through the end of the week, we’ll have another breakout:
http://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=2&mn=7&dy=13&id=p35741759089&a=517251331
OK the daily number are in for the Silver stocks and overall they had nice Green day:
Ticker Symbol / Silver Mining Company Name / % Chg
$SVG Silver Grail Resources Ltd. +63.64%
$APE Apogee Opportunities Inc. +17.24%
$MMG Metallic Minerals Corp. +16.67%
$DV Dolly Varden Silver Corporation +15.69%
$BHS Bayhorse Silver Inc. +13.33%
$AUU Aura Silver Resources Inc. +10.00%
$GRG Golden Arrow Resources Corporation +9.26%
$SSE Silver Spruce Resources Inc. +9.09%
$SCZ Santacruz Silver Mining Ltd. +8.57%
$SIL SilverCrest Metals Inc. +7.34%
$DEF Defiance Silver Corp. +6.25%
$IPT IMPACT Silver Corp. +5.71%
$SVB Silver Bull Resources, Inc. +5.56%
$ASM Avino Silver & Gold Mines Ltd. +5.26%
$FRES.L Fresnillo PLC +4.89%
$HOC.L Hochschild Mining PLC +4.72%
$SBR Silver Bear Resources Plc +4.55%
$KTN Kootenay Silver Inc +4.35%
$HL Hecla Mining Company +3.93%
$MAG MAG Silver Corp. +2.58%
$AG First Majestic Silver Corp. +2.13%
$MSV Minco Silver Corporation +2.13%
$AUN Aurcana Corporation +2.08%
$FSM Fortuna Silver Mines Inc. +2.07%
$MYA Maya Gold and Silver Inc. +2.00%
$SVM Silvercorp Metals Inc. +1.75%
$EXN Excellon Resources Inc. +1.40%
$PAAS Pan American Silver Corp. +1.27%
$SVE Silver One Resources Inc. +1.23%
$CDE Coeur Mining, Inc. +1.05%
$SMT Sierra Metals Inc. +0.99%
$BCM Bear Creek Mining Corporation +0.87%
que sera, sera
Doris Day. My mums favorite singer, yes what will be will be.
Owl wants to know if you will sing it for us………….
Include that audio of IrishT singing Doris Day on the Weekend Show.
It will help us attract a more “diverse” group. 🙂
Just what we need……… 🙂
Has anybody noticed the breakout in $HUM.L $HUMRF Hummingbird Resources?
Are they finally part of a Takeover or something, or is it just West Africa heating back up?
#Africa #Development into near term #Production
http://stockcharts.com/h-sc/ui?s=HUM.L&p=D&yr=1&mn=0&dy=0&id=p98528908819
I couldn’t find a good reason for the recent action so I sold today on this continued spike up to reallocate to miners that are still way more undervalued.
Now I’m panicked that it will turn into another Novo situation where the stock just keeps going up and up and up after I cut bait.
Just curious as to if anyone knows what is going on with Hummingbird.
Here in Aus, mainstream continues to make a concerted effort to ridicule and shame Trump. Some might say we are even upping our efforts to embarrass the president. However he does contribute to his own demise with his behaviour the way its been regarding N. Korea.
Oz:
Thanks for the post. Always interesting to hear what people outside of the U.S think of us.
No worries John. Unfortunately many here in Aus continue to overlook the seriousness of what is taking place currently. Instead we prefer to enjoy the constant ridicule before us due to no other reason than who is your leader… Not forgetting we are a major ally of the US.
I still believe that both gold and silver have got to get into that rarified air it hasnt maintained at for several years now before we look too far ahead. Gold-$1360+ and Silver-$21+ would be a good sign that this is a new beginnig for the PMs… Provided they hold there. Lets see if the bears will strike back???
I keep on hearing the descriptot “Madman” applied to Kim.
I ask “Is he a madman?”
He certainly is a dictator that inherited his power.
He could be called inbred.
He is certainly ruthless by western standards, but is he a “Madman”?