Weekend Show – Sat 9 Sep, 2017

Central Banks, Metals, Currencies, and Political Turmoil

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We all thought the markets would get more interesting when traders got back after Labor Day and they delivered! We had announcements from a number of central banks most notably the EBC, Bank of Canada, and even a shakeup in the Fed. All of this contribute to the continued decline of the US dollar and the appreciation of gold. The metals are looking strong as are the stocks. We cover all these topics as well as incorporating how China may be helping the move in gold and the move down in the dollar.

We hope everyone has a great weekend and we thank you all for taking tine to share your thoughts and listen in! I have been receiving a lot of emails from all of you which I greatly appreciate. Please keep your thoughts coming regarding companies and topics you would like to see on our show – Fleck@kereport.com!

  • Segment 1: Marc Chandler, Head Of Global Strategy at Brown Brothers Harriman recaps the statements out of the central banks this week and what to look for in the coming Fed meeting.
  • Segment 2: Trader Vic discuss how China could be setting up a new way to trade oil that includes a gold backed Yuan.
  • Segment 3: Ned Schmidt shares the factors that he is watching driving gold.
  • Segment 4: John Kaiser looks at the relationship between base metals and precious metals as well as a quick comment on the Novo financing.
  • Segment 5 & 6: Big Al and Dr John Huber discuss the Herd Mentality and how it relates to society today.
  • Segment 7: Big Al and Jim McKinney discuss societal actions coupled with national political issues.
  • Segment 8: Big Al discusses the subject of preparedness with expert Dr Joe Alton.

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Featuring:
Victor SperandeoNed SchmidtJohn KaiserJohn HuberCory FleckAl Korelin
Jim McKinney

Comments:
  1. On September 9, 2017 at 3:16 am,
    Skeeta says:

    Thanks guys.
    Much appreciated as always.
    Cheers.

  2. On September 9, 2017 at 3:18 am,
    CFS says:

    Thanks guys. Hi Skeeta.

  3. On September 9, 2017 at 4:28 am,
    Bob UK says:

    I have been listening to the Novo commentaries with great interest – still am not sure whether this is the real thing or some pump ‘n dump stock that will soon go back down to 80 cents.

    I probably will buy some shares if it heads back down below 3 bucks when gold corrects but what am I not getting about the potential for it longterm? Maybe when something seems too good to be true I get a bit wary about things.

  4. On September 9, 2017 at 4:51 am,
    Robert Moriarty says:

    Bob UK:

    Sometimes things are too simple. I have met probably 1,000 or so geos. Quinton would be in the top three if not the very top. I’m not saying he’s one of the smartest geos in the world, he’s just the smartest I have ever met.

    You need not figure out if Novo is viable. Just bet on him. He didn’t stake over 4,000 square miles on a hunch. And when he prices acceleration of the Kirkland Lake Gold warrants at $12 he’s trying to tell you something.

    I listened after I visited the property at Beaton’s Creek for the first time in 2009 and Novo has been my biggest share position since they went public in 2011.

    I’m not sure I even know another junior with a land position that large.

    • On September 9, 2017 at 5:02 am,
      Bob UK says:

      Thanks Robert – that’s an interesting take on Novo re Quinton.

      I admire your foresight to have invested so early. For someone like myself – who clearly is no geo expert or a very skilled junior miner investor – you always have doubts at the back of your mind that you are getting on the bus just as everyone else is about to get off.

      From everything I hear here on Kereport the Novo bus has much further to go in the longterm. I wil take your advice on board.

      • On September 9, 2017 at 6:18 am,
        terra.laser says:

        Hi Bob UK,

        I first heard QH’s story on Jay Taylor’s show about four years ago. I am an amateur geo and graduated from the same school (Colorado School of Mines) where QH formulated his theory of Au formation 2+ billion years ago. The theory resonated clearly with me – like when you hear music from heaven – and given that QH founded the theory at the CSM – I invested very early.

        Considering the recent events and discoveries – I think QH’s theory is being validated before our very eyes – I think we are witnessing a historic event in both paleobiology, geology and hopefully Au mining. In my mind the important question is not so much about the existence of the Au but the commercial and engineering processes to extract and how Bob M’s “strong hands” paradigm will play out.

        Very exciting times.

        • On September 9, 2017 at 6:29 am,
          Bob UK says:

          Thanks terra – very interesting. Food for thought.

        • On September 9, 2017 at 7:36 am,
          Excelsior says:

          Very good comments and back story terra.laser. Thanks for those insights.

          We may need to have you weigh in on some drill results or geological dilemmas from time to time 🙂

          • On September 9, 2017 at 10:51 am,
            terra.laser says:

            Thanks Ex – I have benefited from your contributions

          • On September 9, 2017 at 11:17 am,
            Excelsior says:

            Cheers!

          • On September 9, 2017 at 9:13 pm,
            CFS says:
    • On September 9, 2017 at 6:21 am,
      bonzo barzini says:

      Eric Sprott and Kirkland Lake are very smart and would not have just bought 18% of Novo if they thought it was a scam. I’m hanging on for a long time.

      • On September 9, 2017 at 6:30 am,
        Bob UK says:

        Good point bonzo.

        I don’t think it is a scam at all – didn’t mean to give that impression – but was wondering whether it has the potential, and hence worth all the recent hype, that people are claiming.

      • On September 9, 2017 at 7:55 am,
        Excelsior says:

        I agree about Eric Sprott and Kirkland lake, and that is why I think over in area play near Windfall Lake that it is so significant that they’ve taken a big stake in Metanor Resources.

        Metanor is one of the few companies that is also a small Producer out of all the other companies like Beaufield, Bonterra, Secova, Urbana, or Toma Gold. They are also on trend with Windfall and closer to the action that many of the other peripheral land packages. However, Bonterra has had some nice hits lately and really Beaufield is right in between Osiskon and Bonterrra.

        Here’s the map of that area play for those not familiar with it:

        http://goldrea.com/wp-content/uploads/2015/04/argosmap.jpg

        • On September 9, 2017 at 7:59 am,
          Excelsior says:

          Eric Sprott Announces Updated Position in Metanor Resources Inc.
          @marketwired on March 7, 2017

          https://ceo.ca/@marketwired/eric-sprott-announces-updated-position-in-metanor-resources

          • On September 9, 2017 at 8:02 am,
            Excelsior says:

            New Strategic Investor for Metanor: Kirkland Lake Gold
            @marketwired on April 4, 2017

            “Metanor Resources Inc. (TSX VENTURE:MTO) is pleased to announce that it intends to complete a private placement financing pursuant to which Kirkland Lake Gold Ltd. will acquire up to 103,571,429 Units of the Corporation (the “Units”) on a pre-consolidated basis at a price of $0.07 each, for gross proceeds in the amount of $7,250,000. Each Unit will consist of one common share and one-half of one common share purchase warrant which will entitle the holder to purchase one Share of the Corporation at a price of $0.09 for a period of 24 months following closing (on a pre-consolidation basis).”

            “In addition, funds managed by Wexford Capital LP will be subscribing for 18,750,000 Units for gross proceeds in the amount of $1,312,500. Upon completion of the Offering, Wexford will hold 14.2% of the issued and outstanding Shares on a non-diluted basis and 19.9% on a partially diluted basis assuming the exercise of Warrants. ”

            Ghislain Morin, President & CEO, stated: “We are pleased and excited to welcome Kirkland Lake Gold as a strategic investor. We believe that this investment confirms the strong growth potential at both the Bachelor and Barry projects. This investment will allow Metanor to better exploit its current resources and build for the future. It is also pleasing to see that one of our current strategic shareholders, Wexford Capital LP, continues to support Metanor with their participation in this financing.”

            https://ceo.ca/@marketwired/new-strategic-investor-for-metanor-kirkland-lake-gold

          • On September 9, 2017 at 8:06 am,
            Excelsior says:

            Metanor Announces $5 Million Brokered Private Placement
            (Marketwired – June 8, 2017)

            “Metanor Resources Inc. (MTO) is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as lead agent on behalf of a syndicate of agents including Red Klondike Strike Inc.”

            https://ceo.ca/@marketwired/metanor-announces-5-million-brokered-private-placement

          • On September 9, 2017 at 8:18 am,
            Excelsior says:

            Just to connect a few more dots for people….. You’ll notice that Wexford Capital has been investing in Metanor and brokering the deals with Sprott and Kirkland lake through Red Klondike Strike.

            As has been pointed out before, this is the same team operating the highly successful [MLN] Marlin Gold (a hybrid Gold Producer/Developer and Streaming/Royalty company that has been going up in an orderly way since the end of last year)

            ______________________________________________________________________

            ****AKIBA LEISMAN – Executive Chairman of the Board and Interim CEO

            Akiba Leisman is also a consultant for Wexford Capital LP, where he
            oversees the precious metal public and private equity portfolios,
            including the investment in Marlin Gold Mining Ltd. Prior to
            consulting for Wexford, he was a Senior Analyst at Red Kite Capital
            Management for the Mine Finance funds where he was responsible
            for senior secured investments on metal mining assets.

            _________________________________________________________________

            * CESAR GONZALEZ – Vice President, Corporate Development

            “Cesar Gonzalez is also a consultant at Wexford Capital LP. At
            Wexford he is focused on co-managing the precious metal public
            and private equity portfolios, including the investment in Marlin
            Gold Mining Ltd. Previously he worked at Lehman Brothers as an
            Associate in the Private Equity Group where he focused on
            investments in energy master limited partnerships”

            (see page 5 of the Marlin Gold Corporate Presentation)
            __________________________________________________________________

            Wexford Capital owns 82% of (MLN) Marlin Gold — [see page 9 of presentation]

            http://www.marlingold.com/MLN%20Corporate%20Presentation_Web.pdf

          • On September 9, 2017 at 8:19 am,
            Excelsior says:

            The fact that Wexford owns 82% of Marlin Gold and now owns 19.9% of Metanor is quite interesting………. isn’t it?

          • On September 9, 2017 at 8:23 am,
            Excelsior says:

            Then again, Sprott & Kirkland lake have also been upping their stake in Metanor, so it is most likely one is just taking a strategic investing position, and either Kirkland Lake or Wexford will be the ones to take over Metanor and move it forward (right next to Osisko).

            Then on the larger picture, it will come down to who acquires the other land packages from Beaufield, Bonterra, and Secova. Eventually it will be Osisko and either Kirkland Lake or Wexford Capital (through Marlin or just through taking over Metanor and using that vehicle) that are the 2 big players in this area.

            Just a thought…..

          • On September 9, 2017 at 8:35 am,
            Excelsior says:

            I decided to pick up some (BFD) Beaufield Resources this week, so that I have Osisko surrounded on both sides by (MLN) and (BFD) 🙂

          • On September 9, 2017 at 8:36 am,
            Excelsior says:

            oops – not MLN but rather (MTO) Metanor and (BFD) Beaufield have Osisko surrounded.

            http://goldrea.com/wp-content/uploads/2015/04/argosmap.jpg

          • On September 9, 2017 at 9:13 am,
            Excelsior says:

            Correction: While Kirkland Lake, Sprott, and Wexford are all involved in positioning in Metanor, and Akiba Leisman is also a consultant for Wexford Capital LP, and he was a Senior Analyst at Red Kite Capital Management for the Mine Finance funds, that is different entity than Red Klondike Strike.

            Sorry about any confusion there. Red Kite …. Red Klondike…… easy mistake to make since Wexford was also heavily involved.

          • On September 10, 2017 at 7:13 am,
            Excelsior says:

            Circling back around to (MLN) Marlin Gold, it’s been a steady performer since last year, and did NOT pull back like so many Gold Producers & Developers did in 2017, which is very significant, and shows the underlying strength and trend of this company.

            Check out their chart and you’ll see why I’ve been pounding the table on this since last year:

            http://stockcharts.com/h-sc/ui?s=MLN.V&p=D&yr=2&mn=0&dy=0&id=p87621573286

            Marlin Gold’s performance is of course due their solid low cost production numbers, success on exploration at their development projects, and they just scooped up a great Silver/Gold project off Santacruz Silver (to throw another shrimp on the barbecue…).

            However, one of the things underpinning their share-price is their subsidiary Sailfish Royalties which holds a streaming deal with Golden Reign Resources (making them the smallest Jr streamer in the marketplace), and they have a royalty on on El Compas (Endeavour Silver’s next mine) and La Cigarra (Kootenay Silver’s major development project). They are likely going to spin out Sailfish Royalties by the end of this year which will add even more value to existing shareholders.

          • On September 10, 2017 at 5:32 pm,
            james says:

            Good Info Boys !

        • On September 9, 2017 at 8:51 am,
          Dick Tracy says:

          I first heard about Novo from Bob M and later from Jay Taylor, two very astute people. I like Ex’s take on Metanor although I don’t own any stocks. Jay Taylor has been following Metanor for many, many, years and I’m sure he still has most of those stocks he bought at the beginning, that is very hard to do but in the end I’m certain he will be rewarded. DT

          • On September 9, 2017 at 8:54 am,
            Excelsior says:

            DT – I agree. As it relates to Novo – Jay Taylor & Bob Moriarty were the 2 gentlemen that really got me interested in taking a position, and then we do have the great coverage from Big Al & Cory on (NVO) since they became sponsors here on the KER.

            Kaiser and Sprott and many other jumped onto the story much later.

          • On September 9, 2017 at 9:05 am,
            Excelsior says:

            Unfortunately, I sold out of my NVO too soon on the way up, but I look forward to taking a position again in the not so distant future…..

      • On September 9, 2017 at 8:47 am,
        Excelsior says:

        Speaking of the wise investments Eric Sprott is positioned in……

        ______________________________________________________________________

        Billionaire Eric #Sprott On Skyrocketing #Silver
        August 28, 2017 $EXN $EXLLF Excellon Resources #Audio-Interview

        “Billionaire Eric Sprott has just purchased a nearly 20% stake in one of the most exciting silver plays in the world – Excellon Resources! The company has the highest grade #silver mine in all of #Mexico and is poised to double silver #production and expand the size of its silver discovery 10 – 15 fold!”

        “With 21,000 hectares of exploration ground surrounding the mine, Excellon is conducting a fully financed comprehensive drill program focused on discovering near-term mineable resources and the large-tonnage Source of the high-grade silver currently being mined. This discovery has the potential to transform Platosa into the next major project in Mexico’s prolific CRD/silver belt. Based on similar style deposits, the Source of the Platosa mantos is likely to measure 10-15 million tonnes, or even in excess of 100 million tonnes with significant amounts of gold, along with silver, lead, zinc and copper – a hundred-fold increase over the one million tonnes of resource mined and defined at Platosa thus far. The Company has already made a discovery approximately 1km from the mine that may very well be the edge of that much larger deposit.”

        http://kingworldnews.com/billionaire-eric-sprott-on-skyrocketing-silver/

        • On September 9, 2017 at 8:49 am,
          Excelsior says:

          Excellon Drills 2,318 G/T Silver Equivalent Over 6.76 Metres At Platosa

          Toronto, Ontario – July 26, 2017

          > 886 g/t Ag, 8.8% Pb and 20.5% Zn or 2,318 g/t Ag equivalent (“AgEq”) over 6.76 metres in EX17UG323;

          > 2,965 g/t Ag, 16.4% Pb and 0.9% Zn or 3,702 g/t AgEq over 1.45 metres and 1,171 g/t Ag, 9.3% Pb and 2.9% Zn or 1,713 g/t AgEq over 1.06 metres in EX17UG324;

          > 1,600 g/t Ag, 6.4% Pb and 8.7% Zn or 2,319 g/t AgEq over 3.70 metres in EX17UG325;

          > 3,574 g/t Ag, 28.2% Pb and 18.7% Zn or 5,727 g/t AgEq over 1.27 metres in EX14UG200; and

          > 1,238 g/t Ag, 5.3% Pb and 2.9% Zn or 1,611 g/t AgEq over 2.10 metres in PH17-27;

          http://www.excellonresources.com/news/details/index.php?&content_id=169

          • On September 9, 2017 at 8:51 am,
            Excelsior says:

            (EXN) (EXLLF) Excellon Drills 2,255 g/t Silver Equivalent Over 11.1 Metres At Platosa
            September 6, 2017

            > 1,203 g/t Ag, 9.3% Pb and 13.4% Zn or 2,255 g/t silver equivalent (“AgEq”) over 11.1 metres in EX17UG330, including 2,079 g/t Ag, 14.2% Pb, 23.9% Zn or 3,857 g/t AgEq over 5.2 metres

            > 1,366 g/t Ag, 7.9% Pb and 13.6% Zn or 2,369 g/t AgEq over 3.2 metres in EX17UG328

            > 2,291 g/t Ag, 15.0% Pb and 13.3% Zn or 3,570 g/t AgEq over 3.6 metres in EX17UG329

            http://www.excellonresources.com/news/details/index.php?&content_id=171

          • On September 9, 2017 at 8:52 am,
            Excelsior says:

            If investors are not fired up about these drill results then your wood is wet….. 😉

      • On September 9, 2017 at 8:51 am,
        Robert Moriarty says:

        BB:

        Eric Sprott owns 10% for himself. And while Kirkland Lake Gold is the biggest shareholder, between ES and KLG, they actually own about 25% and 30% on a fully diluted basis. ES is the Chairman of KLG but he bought his shares months ago in a different PP.

        You can safely say that ES is fully on board.

        • On September 10, 2017 at 3:08 pm,
          bonzo barzini says:

          And KL has options to buy another 14 million shares of Novo@6.

      • On September 9, 2017 at 9:03 am,
        Excelsior says:

        One more company that Eric Sprott & Sprott Lending has a position in:

        Jaguar Mining (JAG) (JAGGF):

        _________________________________________________________________

        ** From page 5 of the (JAG) Corporate Presentation:

        >Major Shareholders

        Tocqueville Gold Fund,
        Eric Sprott,
        Wolverine Flagship Fund,
        DuPont Capital Management,
        Ruffer LLP,
        Royal Bank Asset Management,
        US Global Investors

        > Balance Sheet – June 30, 2017

        – Cash US$M 20.7
        – Brazilian Bank Debt – Unsecured US$M 8.8
        – Sprott Lending – Secured US$M 11.6

        ____________________________________________________________

        Jaguar Mining Corporate Presentation (look at page 5)

        https://www.jaguarmining.com/site/assets/files/2169/jaguar_presentation_august_22_2017.pdf

        • On September 9, 2017 at 12:00 pm,
          Matthew says:

          With 2.6M P&P ounces and 4.6M in the M&I category, Jag offers quite an opportunity for anyone who believe’s gold is going much higher in the months and years ahead.

          With a market cap of less than U.S.$75M, buyers are paying roughly $10 per ounce of gold in the ground (not including the 1M+ ounces in the “inferred” category).

          Compare that to RIC, which has just .8M ounces of P&P and 1.6M of M&I and a market cap of U.S.$590M. That comes to $246 per ounce in the ground (again, excluding inferred ounces).

          If we look at market cap per ounce produced (assuming 120,000 oz/yr for RIC and 95,000 for JAG), JAG is selling for just under $800 while RIC is about $5,000. There are very good reasons for a big valuation gap, since not all ounces are created equal, but this one still seems a bit extreme. However, whether 100% of the gap is currently warranted or not, JAG is very likely to enjoy a much greater benefit from a higher gold price, relatively speaking.

          http://stockcharts.com/h-sc/ui?s=JAG.TO&p=W&yr=2&mn=7&dy=0&id=p98554369641&a=536527914

          • On September 9, 2017 at 12:05 pm,
            Matthew says:

            I think the fear caused by Resolute Fund selling will keep some itching to sell strength for awhile – and that’s fine with me.

            http://stockcharts.com/h-sc/ui?s=JAG.TO&p=D&yr=1&mn=0&dy=13&id=p52647234068&a=530834525

          • On September 9, 2017 at 3:46 pm,
            Excelsior says:

            Great thoughts and comparison between JAG and a company like RIC.

            Investors that position at these levels are going to be in a good spot by this time next year. JAG is a larger position in my portfolio of Gold mining positions and after the Resolute fund cleared out their position in both JAG and IPT, I did a little cleanup behind them buying shares of both on the cheap.

            I still don’t believe most analysts are even aware of or following Jaguar Gold, but as that changes this stock is going to get rerated big time.

            Fun times & inefficient markets!

      • On September 10, 2017 at 7:22 pm,
        Excelsior says:

        One simply can look at the $BBB $BXTMF key stakeholders and feel some comfort knowing that these individuals and organizations probably have done a fair bit of due diligence and felt comfortable grabbing a piece of the action:

        Management 10%
        Rob McEwen 8%
        Pan American Silver 6%
        US Global 5%
        Hecla Mining 5%
        Eric Sprott 4%
        RBIM 4%
        Retail 58%

        >> Corporate Presentation: (see page 6)

        http://cdn.ceo.ca/1crbsh3-Brixton-Presentation-September-2017.pdf

    • On September 9, 2017 at 4:50 pm,
      Excelsior says:

      Speaking of Aussie Stocks…….

      Here is an “Ugly-Duckling” idea that I’ve been nibbling at:

      $TRY.AX $TRYRF Troy Resources is a small Aussie stock Gold Producer that I’ve watched from a distance for years, but was never that interested because they have been so marginal and higher cost.

      They operate in South America, which is a mixed bag, but they’re in good jurisdictions for mining. Troy has been an absolute trainwreck the last year or so, and their stock price has taken a hard nose dive, directors have left, investors & funds have quit being substantial holders, and they’ve basically made a series of blunders and imploded. UGLY!

      However, they recently put out an operation update where they are changing their mining method and have a new approach, so I’m starting to nibble at them a bit as a very high risk/ potentially high return speculation.

      * Here is the latest press release:

      > Karouni Project – Operational Update – (TRY.AX) (TRYRF)

      http://clients2.weblink.com.au/news/pdf_1%5C01892466.pdf

      • On September 9, 2017 at 4:52 pm,
        Excelsior says:

        Troy Resources haven’t even done a new Corporate Presentation since last September (lol), but I sense a little rumbling under the surface for them to take a new approach. It wouldn’t surprise me if we see a whole new Presentation in the next 2-3 months when the new strategy gets rolled out, but this dated one has some key information contained that is still relevant.

        http://www.troyres.com.au/images/presentations/160909_Troy_Resources_Precious_Metals_Summit_Presentation.pdf

        _____________________________________________________________________

        > Remember – I said they were UGLY! (however, only a few pennies up and that makes a substantial gain. If it goes up a few dimes….. well that would be more rewarding) #JustAThought

    • On September 10, 2017 at 6:58 am,
      Excelsior says:

      We Invest in the Best Mining Companies Available, Says Maurice Jackson
      SEPTEMBER 8, 2017

      “Proven & Probable Founder talks mining companies and why he likes Silver, Platinum, and Rhodium”

      https://smallcappower.com/videos/videos-top-stories/best-mining-companies-maurice-jackson/

      • On September 10, 2017 at 6:59 am,
        Excelsior says:

        Prospect Generators Are a Large Part of Our Portfolio: Joe Mazumdar
        SEPTEMBER 6, 2017

        “Exploration Insights Co Editor talks prospect generators and says he sees some encouraging signs for junior resource stocks”

        https://smallcappower.com/videos/videos-top-stories/prospect-generators-mining/

        • On September 10, 2017 at 8:45 am,
          Excelsior says:

          Michael Belkin Audio-Interview on KWN:
          September 01, 2017

          http://kingworldnews.com/michael-belkin-9-1-17/

          • On September 10, 2017 at 8:56 am,
            Excelsior says:

            As usual – Michael Belkin nails the larger economic picture globally, on Base Metals recent surge, and on the PMs recent rise the last few week. Michael makes a great point on Silver Stocks projected outperformance over most other sectors.

  5. On September 9, 2017 at 5:28 am,
    OOTB Jerry says:

    I agree with Trader VIc………great comments…jmo

    • On September 9, 2017 at 10:46 am,
      Ebolan says:

      Absolutely correct, Mr. Jerry. And the Corbett Report is a great source.

    • On September 9, 2017 at 2:20 pm,
      Matthew says:

      +3 about Vic and Corbett is as legit as they come.

  6. On September 9, 2017 at 7:32 am,
    OOTB Jerry says:
    • On September 9, 2017 at 7:34 am,
      OOTB Jerry says:

      Noting a change has happened…….from the paper to phyz…….

  7. On September 9, 2017 at 8:15 am,
    pardu says:

    Big Al, preparedness should be a basic endeavor for people all the time. When we go backpacking we always take those items that would be needed in any eventuality. Such things as a first aid kit, shelter, food, tools like knives and an hatchet, etc. a way to filter water, map and on and on. The reason for this is that we want to be prepared for whatever may come our way by having the tools and resources at hand to handle any situation. We do this because we are going out to the unknown. We need the same mentality in our homes as the great unknown may come to us. Hence, food and water storage, basic supplies and equipment to weather any situation should always be a part of our preparedness. Our community stresses that we have a 72 hr. survival kit in case of earthquake or other disaster and need to evacuate. We have a system by which we can coordinate with our neighbors to assist one another. along with that we have a years supply of food and commodities and a way to live comfortably off the grid should the grid go down for a length of time. All of these efforts are pre-planned and in place in the event that they are needed. I once heard a wise individual state that having a years supply of food and commodities in our day may be as important as boarding the ark was in Noah’s day. This is simple to do and brings a great sense of security to know that one is ready for anything. obviously emotional and spiritual preparedness goes hand in hand with this. We have done this for most of my 70 years and I have been encouraged to see what the “Peak Prosperity” website has been emphasizing, as it is vital for all of us. Thanks, Big Al for all of your efforts in our behalf.

    • On September 9, 2017 at 8:27 am,
      GH says:

      Good thoughts, Pardu.

      The Mormons are on to something, with their gardens, food preservation & storage.

      It just so happens that there is an online event called the ‘Back to Basics Living Summit’ starting tomorrow.

      http://backtobasicssummit.com/wp-content/uploads/2017_B2B_Summit_Schedule.pdf

      • On September 10, 2017 at 8:13 pm,
        pardu says:

        Thanks for the tip GH

    • On September 9, 2017 at 8:42 am,
      Dick Tracy says:

      pardu, I wish the governments would do something about protecting the power plants in case of an EMP bomb or a solar flare, not just in The US but also Canada and Mexico. With an attack on protected power plants it would still take months to bring our vital systems back on line. They have known this for over 160 years since the Carrington effect but governments are slow to react because they have allowed people to keep their jobs and not be responsible for their actions. I was hoping a businessman like Trump could make a difference but the government is like a stubborn person, they don’t like to be told what to do and when they are you will most likely see them do the opposite.

      I think a lot of the hurricanes which number 3 now, and are headed for The US mainland are caused by solar flares, so it is only a matter of time before we get a real emergency and our digital world collapses. DT

      • On September 9, 2017 at 9:52 am,
        Excelsior says:

        America’s Hidden Energy Crisis
        If Competitive Electricity is Such A Good Business, Why Are Companies Closing Power Plants, Taking Write-Downs, Seeking Bankruptcy Protection and Scrambling for the Exits?
        Richard Myers

        “It’s not just nuclear plants that are closing. Coal-fired power plants are closing down, too, and not just due to tighter environmental controls. So are gas-fired power plants, including relatively new, high-efficiency facilities. In fact, without subsidies and mandates, wind and solar facilities would probably be tanking, too.”

        https://politicsmeanspolitics.com/americas-hidden-energy-crisis-e0c6541281e8

        • On September 9, 2017 at 10:27 pm,
          Excelsior says:

          12 Reasons Why I Started Investing in Uranium Stocks

          Sep 09, 2017 – By: Michal_Matovcik

          http://www.marketoracle.co.uk/Article60160.html

          • On September 10, 2017 at 7:19 am,
            OOTB Jerry says:

            Dang…….this is interesting…….
            sell silver, buy uranium…..
            Great news for uranium demand are the plans for building 337 new reactors by 2030.

          • On September 10, 2017 at 7:20 am,
            OOTB Jerry says:

            Rick R…..uncovered a gem…..

          • On September 10, 2017 at 7:22 am,
            OOTB Jerry says:

            Paladin Uranium, ran from a bottom of 1 penny to a high of $10. The

        • On September 10, 2017 at 7:09 am,
          OOTB Jerry says:

          INteresting……..from your article…..
          In sum, it’s hard to imagine a more “perfect storm” of negative factors all arriving at about the same time, all pushing wholesale electricity prices down, down, down.

      • On September 10, 2017 at 8:16 pm,
        pardu says:

        DT, I have wished for a long time that governments would do more to address the important things, but sadly governments seem to be in the thick of thin things.

  8. On September 9, 2017 at 8:36 am,
    GH says:

    The Dow certainly looks like it has topped relative to gold. Confirmed breakdowns of this ratio below 16 and below the lower rail of the blue up-channel would seal the deal, I think.

    http://stockcharts.com/h-sc/ui?s=%24INDU%3A%24GOLD&p=W&st=1980-01-01&en=today&id=p28424041271&a=498435604

    The monthly $INDU:$GOLD chart makes the case more clearly, imo.

  9. On September 9, 2017 at 8:40 am,
    Excelsior says:

    How Gold’s Mr. FixIt Became Mr. BuyIt With U.S. Palladium Bet

    By Kevin Crowley – September 6, 2017

    (Neal Froneman is quite a force of nature)

    https://www.bloomberg.com/news/articles/2017-09-06/how-gold-s-mr-fixit-became-mr-buyit-with-u-s-palladium-bet

  10. On September 9, 2017 at 9:04 am,
    OOTB Jerry says:

    MONEX and the CFTC
    are we starting to see anything concerning the new director appointed by TRUMP?
    http://www.cftc.gov/PressRoom/PressReleases/pr7609-17

    • On September 9, 2017 at 9:08 am,
      OOTB Jerry says:

      In my opinion, the CFTC should have moved against Monex decades earlier, as the company represented everything bad and nothing good in its dealings with the public. Privately, I cautioned many not even to do business with the company on a cash and carry basis, due to the risk it would turn into a leveraged Atlas account for which it is being charged. I made it a point to make sure I was never featured in any promotion by the company, although plenty of silver analysts and commentators were featured by the company. Even the thought of accepting a promotional fee from Monex was and is repulsive to me.

      Most importantly, the charges against Monex can’t help but bolster my opinion of the agency’s Enforcement Director, James McDonald. I admit to recently losing confidence that McDonald would stand up to the super crooks at JPMorgan and the CME Group, based strictly on the fact that JPM had once again increased its manipulative short position in COMEX silver futures. It still bothers me tremendously that nothing has seemingly changed with crooked JPM and silver to this point, but allow me to set that aside today with the CFTC’s charges against Monex.

      It was an open secret that Monex was running a massive fraud and ruining customer finances and while the charges should have been brought long ago, better late than never. Clearly, this gives a boost to hopes that the agency and McDonald will move against JPMorgan and the COMEX someday and, hopefully, soon. Monex is exactly the type of case the agency should be bringing and both the Commission and McDonald deserve our highest compliments for doing so. There’s also no question that the case against JPMorgan and the CME Group for the continued price manipulation of silver (and gold) is many thousands of times more important because it represents the most serious market crime of all – manipulation.

      Finally, unlimited thoughts and prayers for the victims of Hurricane Harvey and the potential victims staring down the gun barrel of Irma, including close family members and friends. Best wishes to all.

      Ted Butler

      September 8, 2

      • On September 9, 2017 at 9:24 am,
        Excelsior says:

        Unknowingly back in 2008-2010 I had a few interactions with Monex and boy did they put on the pressure to use margin accounts and had telemarkets calling me for years. I finally had to tell them to leave me the hell alone. I started buying and selling bullion to other dealers instead.

        Monex is the kind of company that gives investing in precious metals a black eye, so I’m glad things are getting cleaned up finally. Good riddance!

        • On September 9, 2017 at 9:25 am,
          Excelsior says:

          On the plus side, they did send me a few different copies of the book “Aftershock” and a half dozen David Morgan DVDs. 🙂

      • On September 9, 2017 at 10:17 am,
        Robert Moriarty says:

        OOTB:

        And I suppose silver was manipulated from $4 to $49+

        • On September 9, 2017 at 10:27 am,
          OOTB Jerry says:

          Bob…….I just posted info……..You have trained us to know there is no manipulation…. 🙂

          • On September 9, 2017 at 10:29 am,
            OOTB Jerry says:

            I was more interested in the CFTC action on Monex…….as I stated at the very beginning of my post..

          • On September 9, 2017 at 10:37 am,
            Robert Moriarty says:

            OOTB:

            Actually when you keep getting caught lying, you lose all credibility.

            I have been saying for many years that all financial instruments are ,manipulated. So saying that silver is manipulated is exactly the same as saying the sun rises in the east. While it’s true, it’s also totally meaningless.

            Anyone who actually believes that silver was suppressed from $4 to $49+ is too stupid to wear shoes that you have to tie. How much money do you have to cost your readers before you retire?

            How’s your prediction of the world totally running out of silver by December of 2001 working out?

          • On September 9, 2017 at 10:38 am,
            OOTB Jerry says:

            Hope you are not calling me a liar………..

          • On September 9, 2017 at 10:44 am,
            OOTB Jerry says:

            “How’s your prediction of the world totally running out of silver by December of 2001 working out?”
            Where did that come from???????????? YOU must be referring to TED……..
            Because I was not around in 2001……..

          • On September 9, 2017 at 11:07 am,
            CFS says:

            Come on Guys. I don’t know if you call Hunt Brother’s market cornering attempt in silver a manipulation or not.

            But “manipulation” HAPPENS regularly close to options expiry.
            Fleecing of over-leveraged speculators happens regularly, but whether it is called “manipulation” or not simply depends on your time scale.

          • On September 9, 2017 at 11:14 am,
            CFS says:

            I’m surprised there is not a 321Cryptos.com website yet.

          • On September 9, 2017 at 11:33 am,
            Robert Moriarty says:

            OOTB:

            If you say I have trained anyone there is no manipulation, yes, you are lying. How many times would I have to say all financial markets are manipulated before you understood the difference between all financial markets are manipulated and there is no manipulation.

            The manipulation is meaningless because every sophisticated investor takes it into account. But there is a giant difference between no manipulation and manipulation being meaningless. And you know that.

          • On September 9, 2017 at 11:58 am,
            OOTB Jerry says:

            BOB

            Are we really going to talk about Manipulation, or the lack there of.

            I can see where the word NO, is disturbing……..in my comment with the smiley face 🙂
            And I would never want to misquote you, with all due respect.

            NOW, please correct your statement above, indicating that :
            “How’s your prediction of the world totally running out of silver by December of 2001 working out?
            So, that I should not call you a liar, since, that is not my statement… 🙂

          • On September 9, 2017 at 12:35 pm,
            OOTB Jerry says:

            all financial markets are manipulated
            I am going to remember……………ALL vs NO………. 🙂

          • On September 9, 2017 at 1:56 pm,
            Gator says:

            OOTB…Thanks for the post..and don’t let BM get to you…

          • On September 9, 2017 at 2:19 pm,
            OOTB Jerry says:

            Hello Gator…….Thanks…….Hope all is well , and I hope you stay safe …… Irma is going to be a mess.. I have been thinking of you, in regards to the storm……Stay safe my friend and I will put in a prayer for you and your family…..Hang tough……Jerry

          • On September 9, 2017 at 7:31 pm,
            Markedtofuture says:

            Jerry, here is a podcast on Voice-To-Skull Technology & Gang Stalking being done in Big Al’s neck of the woods. Around the 25 min mark, this security specialist whistleblower, claims the entire city of Seattle, Washington is being used as a social experiment.

            55 min mark, he calls out the social workers that are involved in the program to speak out.

            Electronic Harassment & Organized Stalking Insider Bryan Kofron
            Bryan Kofron is an insider to the electronic harassment & organized stalking programs.

            http://www.declassifieddocuments.com/2017/08/security-industry-specialist-bryan-kofron-aka-justin-carter.html

            DYODD…

            Patent For Microwave Voice-To-Skull Technology
            United States Patent 4,877,027 Brunkan October 31, 1989

            Hearing System

            Abstract

            Sound is induced in the head of a person by radiating the head with microwaves in the range of 100 megahertz to 10,000 megahertz that are modulated with a particular waveform. The waveform consists of frequency modulated bursts. Each burst is made up of ten to twenty uniformly spaced pulses grouped tightly together. The burst width is between 500 nanoseconds and 100 microseconds. The pulse width is in the range of 10 nanoseconds to 1 microsecond. The bursts are frequency modulated by the audio input to create the sensation of hearing in the person whose head is irradiated.

            Inventors: Brunkan; Wayne B. (P.O. Box 2411, Goleta, CA 93118) Appl. No.: 202679 Filed: June 6, 1988

            Current U.S. Class: 607/56 Intern’l Class: A61N 005/00 Field of Search: 128/420.5,804,419 R,421,422,746 381/68

            rense dot com

          • On September 10, 2017 at 5:34 am,
            OOTB Jerry says:

            MTF…….I will radar in on the mark……btw, nothing surprises me , I think the next big Hummmm will be 5 G.

        • On September 9, 2017 at 10:41 am,
          b says:

          I think it was manipulated up Bob, I figure even the “manipulators” take profit on occasion.

          On another note, concerning the Yinon plan, Ive wanted to ask for awhile.

          Have you heard of Otto Scorzeny?

          If not, he was Hitlers “go to” guy, rescued Mussolini etc.
          He is the guy that came up with the terrorist “cell”, had to do with the idea of continuing the war.

          He worked with Amin al Huseni, who really did not appreciate Jews moving to palestine.
          Recall the transfer or Haavara agreement.

          The meeting of Huseni and the top Nazis led to the creation of the Muslem wafen ss divisions.(neat story)

          Scorzeny worked with Jasser Arafat,Mumar Gadafi and Sadam Husein.
          Egypt deported 75k Jews at the time. Nasser

          These people did not appreciate Jews being flooded into Palestine, they really didnt like the Balfour declaration.

          I was just wondering if you had considered these events.

          Im thinking, maybe the Jews were drivin to this Yinon plan, and there may have been more to the invasion of Iraq and Lybia than most people see.

          • On September 9, 2017 at 11:29 am,
            Robert Moriarty says:

            Why would anyone approve of Jews flooding into Palestine? Look at what they have done in 100 years.

            They have displaced those who have lived there for 5,000 years and are monsters who think Arab children are snakes and it’s perfectly ok to kill ten year old children playing soccer on a beach. A Zionist South African judge concludes the IDF committed 34 individual war crime against Gaza and they shun even him.

            Have you missed the part in the Balfour document that said, ” it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine.”

            Israel is on a course to commit national suicide.

            The non-Jews have no civil and religious rights in Israel. Gaza is nothing less than an open air prison and all of the non-Jews might as well be slaves.

            Of course there was more to Iraq and Libya than most people think. They were war crimes in every way committed by the US in support of their masters.

          • On September 9, 2017 at 11:37 am,
            Robert Moriarty says:

            B:

            If silver really was manipulated up from $4 to $50 I owe someone a big commission. I thought an 1150% increase was just one of the biggest commodity moves in history and was thrilled to take profits. If it was manipulated, I want to vote for the manipulators and hope they do it again and again.

          • On September 9, 2017 at 11:46 am,
            CFS says:

            Hey, Bob,
            I’m going to start a silver manipulation up next year. Sorry for the delay, but I’m working on destroying the banking system first.

          • On September 9, 2017 at 12:10 pm,
            b says:

            Bob, I actually know the story and am quite familiar with whats going on.

            My question was “have you heard of Otto Scorzeny”?

          • On September 9, 2017 at 12:17 pm,
            b says:

            Glad you made money with silver, I think it was manipulated up.

            Put another way, allowed to run.

        • On September 9, 2017 at 12:13 pm,
          OOTB Jerry says:

          all financial markets are manipulated

          I am going to remember……………ALL vs NO………. 🙂

          • On September 9, 2017 at 12:22 pm,
            b says:

            Of course they are manipulated, managed might be a better term.
            I dug up copious amounts of info some years ago and posted it here to show just that.

            That took effort, but I wanted to know the answer for myself.

        • On September 9, 2017 at 12:36 pm,
          Robert Moriarty says:

          OOTB:

          That was Ted Butlers statement and you sound just like Butler. Alas he was wrong just as he has been wrong with every other prediction he has ever made including “If the US ever gets into a war, since silver is the most critical war metal, silver is going to $50 to $100 an ounce” and “Silver is so rare that you should give it to your children in your will and they should give it to their children in their wills. It is so rare that you should never, never, ever sell.”

          Silver is a commodity. Like all financial markets, it goes upl, it goes down and is always manipulated by someone. If you get the chance to make a 1150% profit, you should take it. Those sorts of trades are life changing. But only if you sell. But nobody does because they want to believe the manipulators are about to lose control.

          Speculators move the markets, not the commercials. The commercials are like the dealers at a craps table in Vegas, they take the bets, they don’t make them.

          If you don’t understand even the basics of how commodities work you probably shouldn’t be investing. Guys like Butler and Murphy have lost their readers billions of dollars but like politicians do, they tell people the lies they want to hear. That’s why people never vote for honest politicians and most will lose money on a regular basis because they pay attention to those who tell them what they want to hear rather than what they need to know.

          • On September 9, 2017 at 12:41 pm,
            Robert Moriarty says:

            And OOTB:

            Your comments on Monex were 110% correct. They should have been shut down years ago.

          • On September 9, 2017 at 12:42 pm,
            OOTB Jerry says:

            Dang Bob……..can you read……..

          • On September 9, 2017 at 12:56 pm,
            OOTB Jerry says:

            MONEX and the CFTC
            are we starting to see anything concerning the new director appointed by TRUMP?
            http://www.cftc.gov/PressRoom/PressReleases/pr7609-17

            The above was my beginning comment………..
            I certainly have nothing in common with Ted, other than he made a point on the CFTC

          • On September 9, 2017 at 7:38 pm,
            b says:

            I guess I have my answer Bob.
            Your were not aware of all events/reasons for the Yinon plan.

        • On September 10, 2017 at 7:12 am,
          Markedtofuture says:

          Jerry… Big Al was wondering what was going on with the people in Seattle and Oakland. You never know what the evil ones are up to. Maybe a combo between that & Soros.

          • On September 10, 2017 at 7:25 am,
            OOTB Jerry says:

            BIG OWL>…..should read this

      • On September 10, 2017 at 7:30 am,
        David says:

        The CFTC should refer Monex to the Criminal Division of The Justice Dept if this is the biggest fraud case they have seen and hold PEOPLE accountable criminally. But, they filed a civil suit instead. So what’s new. It is still criminals covering for criminals.

        • On September 10, 2017 at 8:16 am,
          OOTB Jerry says:

          Only, thought it was interesting, since, it is the first action of the new director appointed by Trump……..Question will be , is Trump really draining the swamp, a little at a time.
          IF, the DOJ, is not cleaned up yet, why refer it to DOJ…..

  11. On September 9, 2017 at 9:21 am,
    Excelsior says:

    Uranium Sector Review & Top Picks
    30Aug17 – VIDEO w/ Charts & Technical Analysis of a number Uranium companies

    https://www.youtube.com/watch?v=p5xNC-5H06Q

  12. On September 9, 2017 at 9:29 am,
    Excelsior says:

    GHOST CITY – Inside the Chinese Housing Bubble

    https://www.youtube.com/watch?v=BcyYyyaPz84

    • On September 9, 2017 at 9:30 am,
      Excelsior says:

      Jump into the 7 minute 30 second mark. Crazy!

    • On September 9, 2017 at 9:34 am,
      Excelsior says:

      As Venezuela implodes, so do the dreams of thousands of fleeing Chinese
      Tens of thousands have returned to China following implosion of economy and descent into violence

      PUBLISHED : Monday, 14 August, 2017, 10:31pm
      UPDATED : Wednesday, 30 August, 2017

      http://www.scmp.com/news/china/economy/article/2102922/venezuela-implodes-so-do-dreams-thousands-fleeing-chinese

    • On September 9, 2017 at 9:37 am,
      Excelsior says:

      The China Bubble: Jim Chanos & Kyle Bass

      Independent Man – Published on Jul 2, 2017

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

    • On September 9, 2017 at 10:26 am,
      OOTB Jerry says:

      OFFERING ………1st MONTH FREE……….

      • On September 9, 2017 at 11:55 am,
        Excelsior says:

        First few years free…… Nobody is in those living structures that have already been build for 3-5 years at this point. Squatters Paradise!

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

      China to Ban Sale of Fossil Fuel Cars in Electric Vehicle Push

      Bloomberg News – September 9, 2017

      “China will set a deadline for automakers to end sales of fossil-fuel powered vehicles, a move aimed at pushing companies to speed efforts in developing electric vehicles for the world’s biggest auto market.”

      “A ban on combustion-engine vehicles will help push both local and global automakers to shift toward electric vehicles, a carrot-and-stick approach that could boost sales of energy-efficient cars and trucks and reduce air pollution while serving the strategic goal of cutting oil imports. The government offers generous subsidies to makers of new-energy vehicles. It also plans to require automakers to earn enough credits or buy them from competitors with a surplus under a new cap-and-trade program for fuel economy and emissions.”

      https://www.bloomberg.com/news/articles/2017-09-09/china-to-ban-sale-of-fossil-fuel-cars-in-electric-vehicle-push

      • On September 9, 2017 at 12:37 pm,
        CFS says:

        Bloomberg is reporting on NEW car sales only.

        • On September 9, 2017 at 2:55 pm,
          Excelsior says:

          Correct – all the new cars out of China. There is not nearly as much penetration into the average household in China with cars yet as in the US or Europe, so when they do add cars, they’ll be electric as the future unfolds. That’s pretty big news.

          Oh….. Hello Lithium, Cobalt, Copper, Manganese, and Nickel. 🙂

        • On September 9, 2017 at 3:12 pm,
          CFS says:

          It is my belief, certainly in Hong Kong, that new car foreign imports will be admitted as “second-hand” cars for sale. (Subject to import duty of course)

          • On September 9, 2017 at 3:30 pm,
            Excelsior says:

            Yes, that seems likely. However, if the import duty is too high it will discourage new sales in favor of domestic auto companies.

      • On September 10, 2017 at 5:17 am,
        Excelsior says:

        Early FI {Financial Independence}- Starting over Today (What I Would Do)

        FIfighter – 4 hours ago – VIDEO

        Topics of discussion for the week ending in September 8, 2017:

        Clean Energy, Lithium, Cobalt, Copper, Nickel, Graphite, Gold, Silver, Mining Stocks, Bitcoin, Litecoin, Ethereum, Cryptocurrencies.

        https://steemit.com/earlyfi/@fifighter/early-fi-starting-over-today-what-i-would-do

        • On September 10, 2017 at 8:31 am,
          Excelsior says:

          Lithium makes its mark with a line entry in WA Budget forecasts

          “Pilbara Minerals hopes to commission its $234 million Pilgangoora spodumene mine next year; Tianqi Lithium, a part-owner of the Greenbushes hard-rock lithium mine owner Talison Lithium, is busy expanding its Kwinana lithium hydroxide plant; and Neometals, which owns 13.8% of the Mt Marion spodumene mine near Kalgoorlie-Boulder, is exploring downstream processing options.”

          “Kidman Resources, meanwhile, has enticed the world’s leading lithium player, Chile’s SQM, into a 50-50 joint venture to use the Mt Holland spodumene resource south of Southern Cross as a base for an integrated mine-to-refinery operation. Kidman and SQM hope to finalise their joint venture documentation by the end of this month.”

          http://investorinsight.canningspurple.com.au/home/lutfyxgi6jrzuatl4phgyy1p9uz2ys

  13. On September 9, 2017 at 10:07 am,
    kingstonbill says:

    A short anecdote concerning demand on the street:
    On Friday afternoon visited A coin shop in North Seattle Wa. The parking area closest to the was full. Upon entering the store the three employees were busy with customers and there were additional people waiting. While I was waiting, it became obvious that the customers were pros at buying metal. There was a lot of cash and metal flying over the counter. Since I was familiar with the owner I asked what was going on with the demand? He stated that his started going on when North Korea began ramping up their antics. In the many years I have purchased bullion at thus dealer I have NEVER seen this level of buying. This is a non-scientific observation, but a bunch of people are parting with major amounts of cash.

  14. On September 9, 2017 at 10:58 am,
    Silverdollar says:

    Interesting concept that Trader Vic describes. However, I read about this possibility that the Chinese were going to create the oil/gold/yuan connection months ago. Most likely on ZH. So the news that is important is that it’s closer to happening and some analysts in this country are taking notice. Thanks Cory.

    • On September 9, 2017 at 3:26 pm,
      Excelsior says:

      Mutiny “For” The Bounty?
      Posted September 6th, 2017 – by Bill Holter

      “China recently announced they will trade oil for yuan “backed” by gold. The story has gotten some press (none of it mainstream mind you), and many have questions as to what it really means. While quite complicated as a whole, when you break this down into pieces I believe it is a quite simple and logical end to Bretton Woods…”

      https://www.jsmineset.com/2017/09/06/mutiny-for-the-bounty/

  15. On September 9, 2017 at 11:20 am,
    Excelsior says:

    Zinc, The Bulls Are Circling And Major Miners Hungry

    Sep. 9, 2017 – Ron Struthers

    “Latest Zinc Outlook for 2016 – another deficit – 14.33 Mt demand and only 13.98 Mt mine supply.”

    “World usage of refined zinc metal is expected to increase by 3.5% to 14.33 million mt in 2016, primarily driven by a further 4.5% increase in China with continued infrastructure investment.”

    “A sharp forecast fall in ex-China zinc mine production of 9.4% is due to a combination of mine closures and recently announced production cutbacks. A significant predicted 46% reduction in Australian production is a consequence of the closure of MMG’s 500,000-mt/y capacity Century mine in August last year, cutbacks at Glencore’s (OTCPK:GLNCY) operations at Mount Isa and McArthur River.”

    “Production is also expected to be lower in Ireland, where the Lisheen mine closed in November last year, India, Kazakhstan, the Democratic Republic of Korea, Saudi Arabia and the United States, mainly as a consequence of the suspension of operations at Nyrstar’s (OTCPK:NYRSY) mid-Tennessee mines.”

    “Chinese imports of zinc concentrates are expected to be significantly lower than the 1.37 million mt recorded in 2015. Global refined zinc metal production is predicted to increase by 0.5% to 13.98 million mt in 2016 with a forecast 4% increase in China being largely balanced by an ex-China reduction of 2.3%.”

    https://seekingalpha.com/article/4105511-zinc-bulls-circling-major-miners-hungry

  16. On September 9, 2017 at 11:48 am,
    Excelsior says:

    Teranga completes feasibility study on Banfora

    The Northern Miner – by Trish Saywell – SEPTEMBER 8, 2017

    http://www.northernminer.com/news/teranga-completes-feasibility-study-banfora/1003789334/

  17. On September 9, 2017 at 12:11 pm,
    CFS says:

    Back to politics…..

    Another reason why capitalism is better than communism. Communism destroys incentive to work for the common good.

    https://youtu.be/o9eXi3RL8q4?t=465

  18. On September 9, 2017 at 12:19 pm,
    Robert Moriarty says:

    CFS:

    I have been to both China and Vietnam. They are “Communist” countries. But they are far more capitalistic that the US or Canada. We go their way, they go our way.

    • On September 9, 2017 at 12:42 pm,
      CFS says:

      They are totalitarian, but not true communist.

      It has been 3 years since I was last in China, and I am not able to travel those distances anymore.

      • On September 9, 2017 at 12:54 pm,
        CFS says:

        Societies that are poor often develop into communistic states, but power corrupting as it is always seems to lead to totalitarianism from communism, as the leader(s) try to hold on to power.
        No longer is there egalitarian spreading of wealth and production, but a class structure develops until it is overthrown, peacefully or violently.

        • On September 9, 2017 at 2:07 pm,
          Wayne says:

          Societies that are pagan always develop into communistic (collectivist, totalitarian) states. It was Christians that founded the United States of America, the freest nation in the history of the world. To the extent that we have rejected the Word of God and become like pagan savages (complete with body piercings, tattoos, skimpy clothing, etc.), we have lost our freedoms and become as slaves. Read a Drudge article this morning that claimed we are living in a “new environment where a person can be whatever he wants.” Well, I want to be a tax-free baker who chooses not to celebrate sexual perversion. Think the total-i-tolerant-istas will let me?

          • On September 9, 2017 at 2:24 pm,
            OOTB Jerry says:

            Good Point Wayne……….

          • On September 9, 2017 at 3:05 pm,
            CFS says:

            Czarist Russia was orthodox Christian not pagan.

          • On September 9, 2017 at 3:07 pm,
            CFS says:

            Pre-Mao revolution China was not Christian, but neither was it pagan.

          • On September 9, 2017 at 4:20 pm,
            Matthew says:

            Ignorance alone underpins collectivist nightmares.

          • On September 9, 2017 at 6:00 pm,
            CFS says:

            Doug Casey on Capitalism Vs Socialism:

            https://www.youtube.com/watch?v=TJqHlx16y9I&t=100s

  19. On September 9, 2017 at 12:43 pm,
    Wolfster says:

    Hey Ex. Not sure if you caught the abitibi royalties release I posted the other day. From my reading between the lines I am anticipating the east zone to bigger than anyone thought.
    http://abitibiroyalties.com/news/2017/september5/

    • On September 9, 2017 at 12:45 pm,
      Wolfster says:

      And I did buy more this past week just for that reason.

      • On September 9, 2017 at 3:05 pm,
        Excelsior says:

        Nice – Looking very encouraging. It’s gonna be a really big….. show.

        My exposure to (RZZ) remains through the 49% stake in them that (GZZ)holds.

    • On September 9, 2017 at 3:00 pm,
      Excelsior says:

      * Canadian Malartic Mine – 3% NSR (East Malartic)

      “Agnico Eagle Mines Limited stated in its Q2 2017 news release (July 26, 2017) that exploration was ongoing to evaluate the potential to mine portions of the East Malartic deposit, which is located adjacent to the Canadian Malartic Mine. The Company’s 3% net smelter royalty (“NSR”) covers portions of the historic East Malartic Mine. Abitibi Royalties believes that the areas at East Malartic covered by its NSR include the deep portions of the respective Main/East Zones and the Porphyry Swarm, East Porphyry and Chert/Wedge Zone. The latter three zones may straddle the southern property boundary of the Company’s NSR at depth and the Chert/Wedge Zone along strike to the east. These zones are in addition to the Norrie Zone.”

  20. On September 9, 2017 at 1:55 pm,
    Dick Tracy says:

    It is strange about what is going on, The US should now start to experience inflation with the falling dollar, but so far it has failed to bring hard times, but mother nature is giving The US a push over the edge. Prosperity will never ride the bandwagons of companies like Facebook and Amazon, they are zombie companies and not solid companies, the companies that I see as important are ones that mine real products, or produce quality manufactured goods. Wake Up America! DT

    • On September 9, 2017 at 2:09 pm,
      Wayne says:

      “Let me never expect to do ill, and fare well.” Matthew Henry

  21. On September 9, 2017 at 2:02 pm,
    Matthew says:

    Gold and the gold miners are both up 20%+ YTD while The S&P 500 is up almost 10%…

    http://stockcharts.com/h-sc/ui?s=%24GOLD&p=D&st=2017-01-01&en=today&id=p50975030673

  22. On September 9, 2017 at 2:02 pm,
    CFS says:

    Remember the Cyprus banking collapse?
    The real truth is still unracelling…..

    blog.wizsehttps://twitter.com/btcWhaleclubc.jp

  23. On September 9, 2017 at 2:17 pm,
    Matthew says:
  24. On September 9, 2017 at 2:58 pm,
    Excelsior says:

    America Can’t Afford to Rebuild

    September 9, 2017 Posted by Raúl Ilargi Meijer

    “Sure, the US has a National Flood Insurance Program, but who’s covered by it? Besides, the Program was already $24 billion in debt by 2014 largely due to hurricanes Katrina and Sandy. With total costs of Harvey estimated at $200 billion or more, and Irma threating to cause far more damage than that, where’s the money going to come from?”

    “It took an actual fight just to push the first few billion dollars in emergency aid for Houston through Congress, with four Texan representatives voting against of all people. Who then will vote for half a trillion or so in aid? And even if they do, where would it come from?”

    https://www.theautomaticearth.com/2017/09/america-cant-afford-to-rebuild/

    • On September 9, 2017 at 3:57 pm,
      Dick Tracy says:

      People have not been allowed to experience the ebb and flow of a real economy where depression sets in and it allows cleansing to weed out the bad. A depression in 1921 only lasted about one year and then the recovery took place but if you forestall the inevitable you get the inevitable, which is a pendulum that swings too far in one direction and then corrects too far in the other direction. This time we will be headed for 1929 instead of 1921. DT

      • On September 9, 2017 at 4:04 pm,
        Dick Tracy says:

        The summer of 1926 saw the end of The Florida Land Boom, nobody was prepared then and nobody is prepared now. The only difference is now we can evacuate people but after the storm the rebuilding of our society must take place, physical and otherwise.DT

        • On September 9, 2017 at 4:41 pm,
          Excelsior says:

          Agreed DT, but I believe the point of that article was that the money that this administration wanted to for it’s large Infrastructure spending (Roads, bridges, dams, and the controversial Wall) are now being replaced by rebuilding and emergency efforts in both Houston, Texas and now Florida/Georgia/and any other states caught in Irma’s path. What a mess….

          • On September 9, 2017 at 5:27 pm,
            Dick Tracy says:

            Agreed, before anything happens you must always look at the risk, we are in hurricane season how bad can it get and what are the variables. You never plan for the inevitable especially when the program was already in debt due to Katrina and Sandy. The government never considers the taxpayer because they have the printing press, they never consider the citizens when they spend beyond their means. The electorate must always consider how to spend wisely or they end up on welfare. The government is welfare that doesn’t understand how people must live. DT

          • On September 9, 2017 at 6:23 pm,
            Excelsior says:

            Well said. What is going to be a tragedy is all the families that get wiped out and don’t have flood insurance or not enough and that will be a major drag on the economy because this was a double 1-2 Hurricane punch, back to back.

            It’s going to put a dent in millions of people’s disposable incomes, because those not directly affected, will be affected by price spikes at the gas pump, or certain businesses will have lower orders from all those collective house hold purchases. Also, tourism was important to both areas, and that will be on hold for a while. Same thing with many of the islands in the Caribbean that were just ravaged.

            Tough times, but the rebuilding may create more growth in other sectors like mitigation, construction, new auto purchases (as others get totaled out), etc…

          • On September 10, 2017 at 8:18 pm,
            Excelsior says:

            Violence Erupts on Desperate Caribbean Islands: ‘All the Food Is Gone’

            By AZAM AHMED and KIRK SEMPLESEPT. 10, 2017

            https://www.nytimes.com/2017/09/10/world/americas/irma-caribbean-st-martin.html

  25. On September 9, 2017 at 3:35 pm,
    CFS says:
  26. On September 9, 2017 at 3:46 pm,
    CFS says:
  27. On September 9, 2017 at 4:15 pm,
    CFS says:
  28. On September 9, 2017 at 4:17 pm,
    CFS says:
  29. On September 9, 2017 at 4:23 pm,
    CFS says:

    small business after-effects of Harvey, Irma and Jose:

    https://btr-grass-07.blogtalkradio.com/1001840963–540821764.mp3

  30. On September 9, 2017 at 4:30 pm,
    b says:

    the americans are airlifting isis commanders out of Deir Ezzor.

    Syrian War Report – September 8, 2017: US-led Coalition Rescues ISIS Commanders From Deir Ezzor? @ southfront

      • On September 9, 2017 at 7:01 pm,
        CFS says:
      • On September 10, 2017 at 9:56 am,
        b says:

        Interesting cfs.

        A line from your post.

        This is not the first time the United States has reportedly airlifted ISIS commanders from a city that is about to be liberated from the terrorist group, as similar activities were reported by an Iraqi commander when the central Iraqi city of Ramadi, which was under ISIS control, was being liberated in late 2015.

        • On September 10, 2017 at 11:08 am,
          b says:

          America is a joke with nuclear weapons, the prime danger to life on earth.

          How can this danger be corralled?

          The American people would have to realize that they are being led to their deaths by the Zionist neocon nazis who, together with the military/security complex and Wall Street, control US foreign policy, by the complicity of Europe and Great Britain desperate to retain their CIA subsidies, and by the harlots that comprise the Western media.

          Are Americans capable of comprehending this? Only a few have escaped The Matrix.

          The consequence is that America is being locked into conflict with Russia and China. There is no possibility whatsoever of Washington invading either country, much less both, so war would be nuclear.

          Do the American people want Washington to bring us this result? If not, why are the American people sitting there sucking their thumbs, doing nothing? Why are Europe and Great Britain sitting there permitting the unfolding of nuclear armageddon? Who murdered the peace movement?

          The World and the American people need desperately to rein in the warmonger United States, or the world will cease to exist.

          pcr

  31. On September 9, 2017 at 5:09 pm,
    CFS says:
  32. On September 9, 2017 at 5:57 pm,
    marco says:

    I would like to ask Bob Moriarty what he thinks about ARTEMIS RESOURCES and the last rumours where Robert Friedland seems interested in this company.
    Could Artemis follow the path of Novo?

  33. On September 9, 2017 at 6:20 pm,
    Donald Moder says:

    Now in podcast form, very cool. Subscribed immediately.

  34. On September 9, 2017 at 6:26 pm,
    Excelsior says:

    Major Gold Stock Breakouts
    Adam Hamilton – Sep 08, 2017

    “The gold stocks are off to the races again, with big gains mounting. They just staged major breakouts, shattering a vexing consolidation that had trapped them for an entire year. Such momentum early in gold’s strong season is a very-bullish portent. As higher prices improve both technicals and sentiment, buying begets more buying. With gold-stock prices still quite low in secular terms, their upside remains huge.”

    “From that typical #SummerDoldrums low, the $HUI has already surged 21.7% higher as of this week! But sadly not many traders rode that whole rally, as most people hate buying low. In early August when just a third of gold stocks’ recent rally had happened, I wrote another essay explaining gold stocks’ bullish autumn seasonals. This sector has always tended to rally sharply with gold from summer lows into late September.”

    “A week later when less than half of gold stocks’ latest surge was accomplished, I dug into their technicals to illustrate why this sector was a coiled spring. The gold stocks had just peeked their heads above their key 200-day moving average, and major breakouts were imminent. Now a month later they have indeed come to pass just as expected. These big breakouts were highly probable, leading to big profits for the informed…”

    http://www.321gold.com/editorials/hamilton/hamilton090817.html

  35. On September 9, 2017 at 6:29 pm,
    Excelsior says:

    MARKET WRAP: IS GOLD ON THE VERGE OF GLORY?
    By Soren K.Group – 1 day ago

    https://www.marketslant.com/article/market-wrap-gold-verge-glory

    • On September 9, 2017 at 7:00 pm,
      Excelsior says:

      Gold’s Power Uptrend: Key Tactics
      Morris Hubbartt – posted Sep 8, 2017
      Super Force #PreciousMetals #TechnicalAnalysis

       SF Juniors Key #Charts & #Video Analysis
      $GDXJ -although he says GDX 🙂 $SMF $SBB $HL $DPM $CDE

      https://superforcejuniors.com/video/2017sept7sfj/2017sept7sfj.html

      • On September 9, 2017 at 7:02 pm,
        Excelsior says:

         SFS Key #Charts & #Video Update

        $FNV $GDX $GCC $DIA #DOW

        https://superforcesignals.com/video/2017sept7sfs/2017sept7sfs.html

        • On September 9, 2017 at 7:03 pm,
          Excelsior says:

           SF60 Key #Charts & #Video Update

          $NGD $ABX $AEM $SIL (the ETF) $SPY S&P500

          https://superforce60.com/video/2017sept7sf60/2017sept7sf60.html

          • On September 10, 2017 at 8:29 pm,
            Excelsior says:

            @stateside – “In this episode of the Stateside Report podcast we introduce a new sponsor Alexandria Minerals $AZX, talk about the news from the week in gold, the base metals and equities, provide our weekly wrap-up on Wits 2.0 developments and then talk about the following company press releases:”

            “Novo Resources $NVO, Aben Resources $ABN, Vanstar Mining $VSR, Pure Gold Mining $PGM, Sabina Gold & Silver $SBB, Kirkland Lake Gold $KL, Excellon Resources $EXN, West African Resources $WAF, Cache Exploration $CAY, Bell Copper $BCU, Fjordland Exploration $FEX, GGX Gold $GGX, Great Bear Resources $GBR, Pure Nickel, $NIC, and Aurion Resources $AU. ”

            “We talk gold, silver, copper, nickel, lead, zinc, uranium and oil.”

            http://www.statesidereport.com

    • On September 10, 2017 at 10:49 am,
      Excelsior says:

      Bob Moriarty: This Metals Rally Has More Legs
      by Ceo Technician – September 10, 2017

      “Bob Moriarty, founder of 321gold, does not profess to be a market timer but he sure does have a knack for timing. In my last three conversations with him he gave readers prescient insights into gold, the precious metals mining sector, and a stock called Novo Resources, to name a few. Gold has rallied ~$150/oz in the two months since our July conversation and what Bob has to say about gold and the miners here might surprise some people. Without further ado here is Energy & Gold’s September 2017 conversation with Bob Moriarty…”

      http://energyandgold.com/2017/09/10/bob-moriarty-this-metals-rally-has-more-legs/

      • On September 10, 2017 at 11:15 am,
        Excelsior says:

        (From the piece linked above)

        Bob Moriarty: “Everything goes up, everything goes down. It’s really that simple. We had 12 years of gold going up (1999-2011), and everybody was saying, “Well, it should go up forever”. We had a correction. Okay, it’s a correction, live with it. Well, the correction’s over. We had 5,000 year lows in commodities. I was pointing out in January and February of 2016 that actually measured against other commodities, such as oil, copper, zinc and nickel, gold was actually very high. This year gold’s only gone up maybe 20% and everything else has gone up far more than that. That’s perfectly normal.”

        “But if you look at the chart of zinc, and if you look at the chart of copper, and if you look at the chart of nickel, you have to conclude they are in a bull market. Nobody wants to believe gold’s in a bull market because they’re only paying attention to gold, but if you want to see where gold is going to go, look at copper and look at zinc. I think we’re in a bull market.”

        Bob Moriarty: “One of the things that I’d like to point out that we haven’t mentioned is that investing in resources is like dancing. Sometimes you lead and sometimes you follow. While everybody is focusing on gold, they’re ignoring how cheap silver is and they’re ignoring how cheap platinum is and rhodium, and zinc, and copper. Zinc, and copper, and nickel are leading and I think that it’s going to drag silver and gold and platinum along with it soon.”

        CEO Technician: “That is interesting. Yeah, it was not a strong day in the junior sector. The seniors were fairly strong, but the juniors didn’t really move much at all. I think that, in my estimation, for us to really get the retail crowd into the junior sector to pay attention to gold in a big way, we probably need a print above $1,400 in gold and probably above $20 in silver, and maybe a decline in bitcoin and other virtual currencies. We might need to see a shakeout in that space as well to dampen the enthusiasm there and get the crowd, the much bigger crowd, chasing the metal sector.”

  36. On September 9, 2017 at 6:45 pm,
    CFS says:

    If you wanted more evidence that Trump is not going to drain the swamp……
    http://thehill.com/policy/finance/257928-doj-ends-investigation-of-lois-lerner-without-bringing-charges
    Trump is clearly a RINO.

    • On September 9, 2017 at 7:18 pm,
      Ebolan says:

      He drained it right into his cabinet….just look at Goldman Sucks white shoe boy Munchkin.

  37. On September 9, 2017 at 7:07 pm,
    CFS says:

    Meanwhile across the pond, here’s what liberal Brits think about Antifa….

    https://www.theguardian.com/music/2017/sep/09/no-fascist-usa-how-hardcore-punk-fuels-the-antifa-movement

  38. On September 9, 2017 at 7:17 pm,
    Ebolan says:

    Blowing the Roof Off the Debt

    https://www.youtube.com/watch?v=S-D-h2bb6pE

  39. On September 9, 2017 at 7:36 pm,
    Excelsior says:
  40. On September 9, 2017 at 8:00 pm,
    CFS says:
  41. On September 9, 2017 at 8:07 pm,
    CFS says:
    • On September 9, 2017 at 11:12 pm,
      CFS says:

      I mostly agree with Greg Mannarino, except I disagree with how to survive.
      I believe the US will digitally print until it cannot anymore.
      Then it will physically print Zimbabwe/Weimar style.
      During this latter period barter will also be used by citizens.
      Gold and silver may retain some wealth, but will not be used for person-to-person trade.
      Imports will be dramatically reduced.
      Cryptos may help, but again will not be used by the majority of the population.

      The can is going to be kicked for many months yet; longer than most expect.
      (2 cents)

  42. On September 9, 2017 at 9:58 pm,
    CFS says:

    https://www.youtube.com/watch?v=Q7L-YQy9Z44

    I guess I don’t understand feminists, or multiculturalism.

    • On September 10, 2017 at 7:42 am,
      OOTB Jerry says:

      THIS IS A GOOD QUESTION
      Why is it OK for Israel to influence US elections but not for Russia to do so? Why do you think the armament industry, the energy industry, agribusiness, Wall Street and the banks, pharmaceutical companies, etc., etc., supply the huge sum of money to finance election campaigns if their intent is not to influence the election? Why do editorial boards write

      • On September 10, 2017 at 7:47 am,
        OOTB Jerry says:

        Consider the idiot Nikki Haley, appointed by Trump in a fit of mindlessness as US Ambassador to the United Nations. This stupid person is forever shaking her fist at the Russians while mouthing yet another improbable accusation. She might want to read Mario Puzo’s

  43. On September 10, 2017 at 7:36 am,
    OOTB Jerry says:
    • On September 10, 2017 at 7:57 pm,
      GH says:

      Is it so bad? If NK does not attack anyone, the US has no legitimate grounds to attack NK. If the US were to strike first, it could very well trigger the needless death of millions, or more.

      Unfortunately, the US has become such habitual perpetrator of aggressive warfare that China needed to remind them of this most basic of facts.

  44. On September 10, 2017 at 8:29 am,
    OOTB Jerry says:

    More crap on the landscape………Air force attacking bugs,and swam creatures…
    http://www.zerohedge.com/news/2017-09-09/mind-chemtrails-us-air-force-dispatches-sprayer-aircraft-response-harvey

    • On September 10, 2017 at 10:04 am,
      CFS says:

      I suppose you prefer malaria and zika.

      Bring back DDT.

      • On September 10, 2017 at 8:04 pm,
        GH says:

        Zika is BS. Discovered decades ago, never found to be problematic until recently. Now, at an accelerating pace, we are periodically scared with the latest new plague. Transparent medical mafia marketing.

        • On September 11, 2017 at 9:16 am,
          bonzo barzini says:

          GH is right about zika.

  45. On September 10, 2017 at 9:40 am,
    O.T. says:

    With regards to the oil gold backed contract and more generally with the reserve status of the US dollar there was a very informative podcast on https://macrovoices.com/. For the interested checked what Luke Gromen has to say. To add credit to his work he was on RealVisiontv earlier, I think in 2016.

  46. On September 10, 2017 at 4:04 pm,
    OOTB Jerry says:
    • On September 10, 2017 at 4:05 pm,
      OOTB Jerry says:

      This is really a JOke…..he can turn on a computer and get you some extra mileage

  47. On September 10, 2017 at 6:44 pm,
    CFS says:
    • On September 10, 2017 at 8:00 pm,
      GH says:

      When we refuse to use our brains to honestly analyze the event, who knows who the enemies even are?

  48. On September 10, 2017 at 6:47 pm,
    james says:
  49. On September 10, 2017 at 8:20 pm,
    Steven Rowlandson says:

    “Why would anyone approve of Jews flooding into Palestine? Look at what they have done in 100 years. Bob Moriarty”

    Well Bob we have to put them some where and if you are a serious student of history you have to admit that our people who are at the top of the jewish most wanted dead list are not safe with Jews in our countries. They sent guys like you to all the major and most of the minor wars in the last 300+ years and committed so many genocides and financial crimes that they are condemned by God in Revelations 18. You may as well quit tasting the red pill and swallow it down and be done with it. Your country is still in the Jewtrix and it needs to be rescued before it goes extinct.

  50. On September 10, 2017 at 11:52 pm,
    Excelsior says:

    PMs are correcting in overseas trading. They were overbought, and needed to rest anyway, as it was unlikely Gold had the juice to make it up through the 2016 high of $1377.50 on the first move higher. The Yen is also down, which is another metric Gold gets keyed off of for robo-trading.

    Once Gold & Silver gathers some fresh buyer at lower prices we may see a run that could take out the $1377.50 overhead resistance.

    This may be the coming pause that refreshes.

    For now……..

    Gold $1334

    Silver $17.76

  51. On September 11, 2017 at 8:05 am,
    CFS says:

    Guatemala reinstates Tahoe’s Escobal mining license.

  52. On September 11, 2017 at 9:19 am,
    Steven Rowlandson says:

    Here is a link posted at 321 Gold that puts everyone’s favorite ally in the middle east in whole new light. Quite few people were taken for a ride by these people and far too many wound up dead, displaced, maimed or a lot poorer.

    http://thefreethoughtproject.com/isis-commander-israeli-mossad-agent/