Chris Temple from The National Investor – Thu 10 Aug, 2017

Markets are down for the 3rd day in a row… Are the bears going to be right this time?

With US equity markets pulling back for the third day in a row we are again hearing about the potential of a major market pullback. Considering the daily drops have been less than a full percent Chris Temple and I consider if the bears are getting a bit ahead of themselves.

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Comments:
  1. On August 10, 2017 at 9:46 am,
    CFS says:
  2. On August 10, 2017 at 9:59 am,
    CFS says:

    2017-08-10 08:00 ET – News Release

    Uranium Energy Corp Closes Acquisition of the Fully Licensed Reno Creek Project

    Canada NewsWire

    CORPUS CHRISTI, TX, Aug. 10, 2017

    NYSE American Symbol – UEC

    CORPUS CHRISTI, TX, Aug. 10, 2017 /CNW/ – Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that, further to its news release dated May 9, 2017, the Company has completed its acquisition of the fully permitted Reno Creek in-situ recovery (“ISR”) project located in the Powder River Basin, Wyoming (“Reno Creek” or the “Project”).

  3. On August 10, 2017 at 10:06 am,
    Excelsior says:

    Additional Gold Mineralisation Intersected in Tomingley Regional Exploration
    August 10, 2017 – Alkane Resources (ALK.AX) (ALKEF)

    http://www.alkane.com.au/images/pdf/asx/2017/20170810.pdf

  4. On August 10, 2017 at 10:15 am,
    Silverdollar says:

    Chris seems pretty un-concerned about the Asian/Korean issue. True, the Korean problem has been with us since 1953 but because it’s not erupted, doesn’t mean it can’t with the troupe of actors we have today. Hope he is correct and it all blows over. Deep thinkers like George Friedman seem to be on a different page though:
    http://www.marketwatch.com/story/time-is-running-out-to-avoid-war-with-north-korea-2017-08-09

    • On August 10, 2017 at 4:55 pm,
      Temple says:

      Quite the contrary – weeks ago I mentioned how Friedman was pointing out the march toward war.

    • On August 10, 2017 at 4:55 pm,
      Temple says:

      And just a few days ago, too

  5. On August 10, 2017 at 10:17 am,
    CFS says:

    Off topic:
    and I thought Britain abolished slavery about 50 years ahead of US.
    Now they have Islamic immigrants….
    UK Crime Agency: Modern Slavery More Prevalent Than Thought
    Associated Press – Thu Aug 10, 6:16AM CDT
    LONDON (AP) — Britain’s National Crime Agency says human trafficking and modern slavery are much more prevalent than previously thought, and there are 300 active police investigations across the U.K.

    Agency official Will Kerr says investigators have found widespread evidence of people as young as 12 being sold for sexual exploitation or forced labor. He said victims can be found working in car washes, on construction sites, in brothels and at cannabis factories.

    Kerr told reporters Thursday that “the growing body of evidence we are collecting points to the scale being far larger than anyone previously thought.”

    The agency is launching a campaign to raise public awareness of modern slavery. Kerr says signs of slavery include visible injuries, a distressed appearance and any indication an individual is being controlled by another person.

  6. On August 10, 2017 at 10:18 am,
    Silverdollar says:

    Anybody else watch CLASF (Colorado Resources)? They’ve been on the move this week, but on light volume.

    • On August 10, 2017 at 7:18 pm,
      JohnK says:

      Silverdollar:
      Looking at my notes I see that Gold Corp has made a strategic investment.Also they started drilling July 10th. I have noticed that Companies that have goods usually know in about a month.

  7. On August 10, 2017 at 10:20 am,
    Dick Tracy says:

    Most here have never heard of US Admiral Hyman Rickover, he started modernizing The US navy with nuclear power in the 1950’s. He had done such a good job that he was allowed to stay until 1983 when some politicians forced his retirement. He is known as the father of The US nuclear navy. On his retirement he said he didn’t like nuclear power but it was a necessary evil, if The US didn’t go nuclear others would. His parting shot in his retirement speech was “that nuclear power would eventually destroy the earth, the only life that would survive are cockroaches.” If our species doesn’t leave this earth in time and establish space colonies, I feel he will be proven right. DT

  8. On August 10, 2017 at 10:32 am,
    Silverdollar says:

    Seems that today’s worries are on the back page again, the low is in for the day. Back to the salt mines……buyin’ the dip! Never changes…………………….until it does!

  9. On August 10, 2017 at 11:08 am,
    Jason says:

    I am one click away from going all G in my TSP. Only 5% in the C fund at the moment. If it looks like we might slide past 10% I am out. I never go less than 80% G in my TSP.

  10. On August 10, 2017 at 11:25 am,
    OOTB Jerry says:

    RON PAUL Institute …….only morons believe what the US is saying about N.Korea….zh

    • On August 10, 2017 at 11:32 am,
      OOTB Jerry says:

      Deep state, MIC…….still at work…….like I said the other day…..

  11. On August 10, 2017 at 11:35 am,
    Markedtofuture says:

    MUX Rob McEwen grows gold production 50% with Timmins purchase
    http://www.mining.com/mcewen-grows-gold-production-50-timmins-buy/

    • On August 10, 2017 at 11:42 am,
      spanky says:

      MUX actually looks decent on the weekly and monthly chart. Bouncing off its flat 50 month MA this month.

      • On August 10, 2017 at 1:53 pm,
        Bonzo Barzini says:

        Both Spanky and Matthew like MUX’s chart today! Glad I bought some@2.28 this morning.
        Now if Doc says he likes MUX it will be a trifecta.

        • On August 10, 2017 at 2:41 pm,
          CFS says:

          PPP was a pain. That’s for sure.
          I don’t know if MUX buying Black Fox is good or bad.

          • On August 10, 2017 at 4:36 pm,
            Excelsior says:

            CFS – You raise an interesting point, about Black Fox’s checkered past getting ramped up and getting the costs down. However, Rob & Co payed only a fraction for it what Primero did, and PPP has already done a lot of the heavy lifting at this point.

            The real tragedy here is that if Primero didn’t have so much debt, then they could have kept optimizing Black Fox and it would have been a big contributor to the production. Last quarter it was one of the few brights spots for PPP and so of course, that’s what MUX wanted to purchase.

            Personally, I think McEwen scored big time with this purchase but Primero needed the immediate funds and were more desperate sellers. It is good that PPP is paying down debt, but I considered that a core asset (not a non-core divestment). Obviously San Dimas is the big mine for Primero, but I liked the growth profile Black Fox afforded, and now it will be to the benefit of MUX shareholders.

  12. On August 10, 2017 at 11:55 am,
    DC says:

    Off topic. On the health front, This is a winner and I have a feeling it’s something you’ll be able to use at home in the future.
    https://watchers.news/2017/08/08/breakthrough-device-heals-organs-with-a-single-touch/

  13. On August 10, 2017 at 12:12 pm,
    CFS says:
    • On August 10, 2017 at 1:06 pm,
      OOTB Jerry says:

      More to think about………Trump will play out his hand if he is part of the NWO

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