Weekend Show – Sat 16 Sep, 2017

A Focus on Gold and Gold Stocks

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On this week’s show we focus on the precious metals and even discuss a couple stocks. With gold holding above $1,300 – even with the slight pullback this week – it is important to assess the stage of this cycle. We look at what is driving the gold price higher and the factors that are of the longer term nature.

On the political side of the show Al is joined by a couple new guests including Lew Rockwell.

Just a reminder that the posting will be light next week through Thursday. I am attending the Beaver Creek Conference and have a couple packed days of meetings with companies. I hope to bring these companies on the show in the coming weeks to get all or your inputs.

In the meantime please fell free to reach out and let me know what companies are catching your eye or potential future guests for the show. Fleck@kereport.com.

  • Segment 1: I kick of the show with Chris Martenson, Co-Founder of Peak Prosperity, and his views toward gold and its roll is society and investing.
  • Segment 2: Craig Hemke, Founder of TFMetalsReport.com discusses the drivers behind gold and how Bitcoin is related.
  • Segment 3: Brent Cook, Co-Editor of Exploration Insights shares his thoughts on the Alamos/Richmont deal, Novo Resources, and a zinc play.
  • Segment 4: Wrapping up the first hour with John Kaiser and how investors need to be focused on economic projects.
  • Segment 5: We introduce Ivan Eland a senior fellow and director of the Center on Peace and Liberty at the Independent Institute.
  • Segment 6: We continue our discussion with Ivan Eland on events in the public sector.
  • Segment 7 & 8: Lew Rockwell Founder of The Mises Institute joins us in a spirited succession of current and recent domestic politics.

Exclusive Company Updates

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Chris MartensonCraig HemkeBrent CookJohn KaiserCory FleckIvan Eland
Lew RockwellAl Korelin

  1. On September 16, 2017 at 3:38 am,
    Skeeta says:

    Thanks as always fella’s.
    Much appreciated.

  2. On September 16, 2017 at 3:38 am,
    CFS says:

    Thanks, Cory; Good Health wishes for Big Al.

    • On September 16, 2017 at 3:39 am,
      CFS says:

      Hi, to Sheeta.

      • On September 16, 2017 at 10:56 am,
        Excelsior says:

        …. and also a good day to Skeeta….

        • On September 16, 2017 at 11:00 am,
          Excelsior says:

          Skeeta – What are you thoughts on the new royalties grab in Western Australia and how that may affect the miners? Many sold off in a temper tantrum over the last week or two once that news broke.


          WA Budget 2017: 50 Gold Producers hit with Royalties Double Whammy

          Neale Prior with AAP, PerthNow – September 7, 2017


          • On September 17, 2017 at 4:47 am,
            FranSix says:

            The gold mining royalty measure in Australia will curtail the ability of mining prospects to raise capital. It really depends on whether the miners themselves can deduct royalties from their federal returns(which I doubt) In the downturn of bullion prices, the smaller operators will get wiped out.

            Only a negative interest rate regime on long term bonds in Australia will eventually mean a reduction of state debt.

          • On September 17, 2017 at 7:43 am,
            Excelsior says:

            FranSix – Yes, it is unknown whether the increased royalties will be able to be deducted for tax purposes. Do you really think it will go so far as to wipe out smaller producers though? This is only in the state of Western Australia – right?

    • On September 17, 2017 at 10:23 am,
      Big Al says:

      Thanks much CFS, getting much better. “You can’t keep a good man down!

      • On September 17, 2017 at 11:18 am,
        Excelsior says:

        +1 Glad to hear it Big Al

  3. On September 16, 2017 at 3:42 am,
    CFS says:

    Beaver Creek Conference …..Webcasts, etc.

    • On September 16, 2017 at 10:35 am,
      Excelsior says:

      Thanks CFS. I always like their conferences and there are great number of those companies I’m invested in, have invested in, or am thinking about positioning in.

      Once those presentations happen next week, I’ll get out the popcorn and go on a Corporate Presentation binge watching session. 🙂

  4. On September 16, 2017 at 3:56 am,
    CFS says:

    Seg. 7: The worst mass killings of the Twentieth century were both due to Communism, which had little to do with democracy. Stalin and Mao were hardly democratic.

    • On September 16, 2017 at 8:47 am,
      David says:

      Don’t forget the fascists with the holocaust.

    • On September 16, 2017 at 11:17 am,
      roger says:

      Hitler despised communists.

      • On September 16, 2017 at 11:42 am,
        CFS says:

        Hitler, who rose to the highest rank of Gefreiter (lance corporal), during four years of service in WWWI, hardly displayed intelligence or ability. It took an incompetent to lose WWII despite the superiority of German manufacturing at the start of the war.
        Extermination of European Jews, as disgusting as it was at 6 million, was a order of magnitude less than the actions in Russia and China on their own “dissidents”.

        • On September 16, 2017 at 6:13 pm,
          David says:

          Depends on where you lived as to how bad it was.

        • On September 17, 2017 at 10:29 am,
          Big Al says:

          Of course CFS, but in this highly emotional arena, “two wrong definitely do not make a right”.

          I know that you realize that!

      • On September 16, 2017 at 6:56 pm,
        Matthew says:

        Hitler sure did not despise the collectivist principles of communism as he was happy to employ them.

        • On September 17, 2017 at 10:31 am,
          Big Al says:

          Good observation, Matthew!

          • On September 17, 2017 at 1:10 pm,
            b says:

            Hitler and the nazi party were socialists.
            Of course he employed collectivist principles.

            1933, when the National Socialists came to
            power. At that point the German government thwarted the international banking cartels
            by issuing its own money. World Jewry responded by declaring a global boycott against

            Not sure if the system matters, if banks create the currency the system,nation is toast,
            when a nation issues its own currency the nation can go from the poorest industrialized to the richest in as little as 3 years.

            We otta keep that a secret. Hitler was too bad to mention that.

          • On September 17, 2017 at 1:51 pm,
            Matthew says:

            Of course the system matters. Socialism (all collectivism) runs on central banking which facilitates the redistribution of wealth (theft).
            Socialism is unsustainable because it is based on what sane people consider criminal.

          • On September 17, 2017 at 4:54 pm,
            b says:

            who was it that said he didnt care who made the laws?

          • On September 17, 2017 at 5:55 pm,
            Matthew says:

            That would be Rothschild and that comment reinforces my claim that the system does matter. If you allow a central bank to exist, you’ve accepted socialism. You don’t get one without the other.

          • On September 17, 2017 at 8:01 pm,
            b says:

            the point of his comment is, the system doesnt matter, who ever controls the money controls the system.
            whichever system it is.

          • On September 17, 2017 at 8:08 pm,
            Matthew says:

            As long as ANYONE controls the money, you get a form of socialism. That is MY point.
            So, once again, if you accept a central bank (or central authority by any name to oversee the money), you have accepted socialism.

          • On September 18, 2017 at 9:58 am,
            b says:

            thats kinda circular no?

            Maybe we should move to independent banks each producing their own currency.
            hmm we tried that tho.

            As when I argued Monarchy over democracy with you, I say the same thing, we need a new system.

            The economist magazine may have predicted 2018, some people think so anyway.

          • On September 18, 2017 at 10:21 am,
            Matthew says:

            Free markets work best. Don’t be duped by the socialist gangsters into believing there’s a flaw in freedom either economically or philosophically. It’s ignorance and corruption that need to be fought and fixed but the ignorant masses apparently can’t know that so freedom/free markets get the blame just as the parasitic central planners want. This is why democracy is no different (and if anything, worse) than any other form of tyranny. The sheep are easily manipulated to choose exactly what the elites want them to but the blame for all screw-ups lands on the people. “YOU voted for it!”

      • On September 17, 2017 at 10:28 am,
        Big Al says:

        That doesn’t take away from his sinful actions, does it Roger. I have to say that I certainly don’t think that you believe that it does.

    • On September 16, 2017 at 11:23 am,
      Matthew says:

      H.L. Mencken understood that “Democracy is a pathetic belief in the collective wisdom of individual ignorance.”

      Democracy’s Road to Tyranny

      • On September 16, 2017 at 12:51 pm,
        Bonzo Barzini says:

        I would urge everyone to read H.L. Mencken’s “In Defense of Women,” one of the most hilarious books ever.

        • On September 17, 2017 at 8:50 am,
          GH says:

          Thanks for the reference, Bonzo.

          Entertaining read with many perceptive observations, though in his scorn of men he was too optimistic about women.

        • On September 17, 2017 at 8:51 am,
          GH says:

          “In Defense of Women”, PDF format.


        • On September 17, 2017 at 10:35 am,
          Big Al says:

          Thanks Matthew and Bonzo.

          I read a lot and, woefully, have never read any Menhen. I will give his books a read in the near future.

          • On September 17, 2017 at 10:37 am,
            Big Al says:

            An obvious type in Mr. Mencken’s name.

      • On September 17, 2017 at 11:02 am,
        Excelsior says:

        Matthew – That was a great article from H.L. Mencken – “Democracy’s Road to Tyranny”

        In particular the end section about the Santa Claus parties versus the Tighten-Your-Belt parties was very telling and spot on.

    • On September 16, 2017 at 11:27 am,
      Matthew says:

      CFS, democratic rule, communism and fascism are all forms of collectivism.

    • On September 17, 2017 at 10:26 am,
      Big Al says:

      That is true, but I believe that Lou was referring to all the deaths that have occurred with the various military actions that we have been involved in. In that context, it is hard to disagree with him. Don’t you agree?

  5. On September 16, 2017 at 4:00 am,
    CFS says:

    Big Al, the reason Trump is thwarted at the moment is an out-of-control Judiary, going well beyond their mandate, by creating law, rather than interpreting it.

    • On September 17, 2017 at 10:39 am,
      Big Al says:

      Thanks CFS,

      Trump is thwarted currently on a lot of fronts. I still maintain this strange feeling of optimism about the man.

    • On September 17, 2017 at 10:45 am,
      Big Al says:

      My personal belief is that “sanctuary cities” are un- American. Condoning the actions of those who break the law is a philosophy that I simply do not understand.

      I certainly understand the concept of helping others (perhaps defined as the downtrodden), but there has to be a better way of accomplishing that without hurting our own country.

  6. On September 16, 2017 at 5:52 am,
    OOTB Jerry says:

    Thanks all…..enjoyed the show…………OOTB

  7. On September 16, 2017 at 6:29 am,
    Glenfidish says:

    Hi Everyone!

    It’s nice to see that many of you nice folks are still around. Is al ok? Thanks for al and Cory for having a great site to always read up on.

    A big hello to matt, shad and many of you I always enjoy reading.

    I’m still holding on to 4 long term plays one of which I’ve shared with you throughout the years. Iamgold would be that one. I have one speculated/small cap miner that I left for dead but shows signs of promise lately. If that play ever works out let’s just say I will be a very happy camper.

    As you know it’s always been long term hold for me as I leave the trading to the big boys like matt etc.

    I’m currently looking to unload a tranche on two miners of which have not been doing well but of which I believe even if one has a turnaround it should be very profitable. I like the management teams and directors. They have just had bad luck but that can always change.

    On another note the hot realstate market in toronto seems to have cooled off and price correction has already put a sting on many many people’s plans as they had levareged there debt with there presumed rise in equity of home. I’ve always said it ain’t your profits till you sell. The million dollar question is do we get a fake head bounce and then back down hard again? Or continued bubble. It’s an Intresting question as moriarty believed housing topped in 2016 If im not mistaken and truly prices have not surpassed that top. Tracy, matt, bob all of you in here with many years of experience please chime in as I have a very very difficult decision to make. My thoughts have always been I want the 40/50 percent correction we have not had since the 80’s and that’s been a 30 plus year bull in housing. It is finnaly showing signs of caving.

    Thanks for the show Cory and al! Hope your health is ok al

    • On September 16, 2017 at 7:59 am,
      CFS says:

      Did not Toronto follow Vancouver’s lead and put a stupid extra tax on foreign buyers in real estate? Messing with demand always perturbs the price.

    • On September 16, 2017 at 9:18 am,
      Paul L says:

      The prices in the Toronto area are still higher than 2016 and way higher than 2015 (40 to 50%).I purchased a 3 condos in downtown in the spring and they are worth about at least 10 to 15% higher now. The 2 bedroom I purchased in 2015 is 50% higher.

      • On September 17, 2017 at 10:53 am,
        Big Al says:

        Paul L,

        The numbers are in for Seattle an real estate values appreciated 18% during 2016. For a person who grew up in that city it is very difficult to understand why homes that used to sell for $30K are now selling for $900K.

    • On September 16, 2017 at 10:43 am,
      Excelsior says:

      Hi there Glenfidish. Good to hear from ya mate!

      Yes, IAMGold is a company that has high leverage to a rising gold price, and I’m curious to see what they do with their properties acquired from Merrex. There are actually a lot of interesting things going on in West Africa with Endeavour Mining, Teranga Gold, Roxgold, Semafo, Resolute Mining, Hummingbird, Orezone, Cardinal, Sarama, Savary, Perseus, Acacia, West African Resources, Predictive discovery, etc…. I’m starting to position in Orca Gold (Ross Beaty project) in E. Africa in the Sudan of all places (risky, but the payoff may be enormous).

      We’re going to be finally entering the time where the PM market really start to make another solid move higher later in 2017 and moving into 2018/2019, so the long wait will have been worth it.

      Wishing you, as always prosperity sir. Cheers!

    • On September 16, 2017 at 3:43 pm,
      irishtony says:

      Welcome back …Glenfidish.

      • On September 17, 2017 at 11:52 am,
        Big Al says:

        And, how are you Mr. Irish? Well, I trust!

    • On September 17, 2017 at 10:50 am,
      Big Al says:

      Thanks Glenfiddish for your kind wishes,

      I have gone through a bit of depression, but Cory has very aptly “taken the reins”. He is proof to Kathy and I that we remain great judges of character.

      There is light at the end of my tunnel and you will be hearing a lot more from me from now on.

      God bless you all.

      • On September 17, 2017 at 11:04 am,
        Excelsior says:

        Be well Big Al and looking forward to hearing from you whenever you feel so inclined.

        Cory is doing an excellent job!

        • On September 17, 2017 at 11:54 am,
          Big Al says:

          Starting today Excelsior with the Forum and starting tomorrow with a Daily Editorial.

          • On September 17, 2017 at 1:50 pm,
            Excelsior says:

            Sounds good. Thank Big Al.

  8. On September 16, 2017 at 7:37 am,
    Dick Tracy says:

    Glenfidish, The key to the real estate market is mortgage rates, I wouldn’t be in a hurry to buy anytime soon as I noticed house prices are ridiculously high and still getting overbid in my area. The Bank Of Canada is talking up another interest rate increase in October of a .25%, that will be number three in almost as many months.
    Sit back and relax, time is on your side. The big housing crash hasn’t happened yet, and when it does it will take many years before it fully corrects on the downside. I’m glad you haven’t bought yet, The Banks are currently re-assessing home values that have happened over the last two to three years. Those people that put in bully bids are going to be in real trouble when they are asked to pony up more money to make up the difference in what they paid and their homes present value. This is your future don’t let your emotions rule your judgement however; it still comes down to you. DT

    • On September 16, 2017 at 9:21 am,
      Glenfidish says:

      Very valid points Tracy!

      It’s just sucks to stick it out in a condo for who knows how many more years. Mind you ementies and building a sizeable cash position is good for the heart. Many thanks

  9. On September 16, 2017 at 8:25 am,
    CFS says:

    The most interesting event, unmentioned in the US, is the German election coming up Sept 24.
    Since Merkel has allowed in large numbers of migrants,which will destroy Germany f not most of Europe via Islamification, allowing immigrants to vote, and her insistence on budget cuts in Greece, have helped make her an a favorite to win a fourth term in Germany’s Sept. 24 election. (What a tragedy for Europe!) How well she has hidden her communist roots.

  10. On September 16, 2017 at 8:59 am,
    Ebolan says:

    Great show!

    Love to hear from Rockwell.

    And here is a great book. Got it yesterday.

    If you want the unbelievable truth about Afghanistan here it is


    • On September 16, 2017 at 10:44 am,
      Excelsior says:

      Agreed. It was good to hear Lew on the KER this weekend.

  11. On September 16, 2017 at 8:59 am,
    CFS says:

    You’ve probably heard about the Islamic Scum attack in London yesterday, 29 hurt, etc.
    What you probably not heard is that the bucket was poorly made and did not go off properly.
    It was intended to do much more…..last one killed over 50 people, this one should have killed closer to 100.

    • On September 16, 2017 at 10:29 am,
      CFS says:

      What do you do when the major of London refuses to recognize any problem?


      • On September 16, 2017 at 10:35 am,
        Ebolan says:

        Learn to speak Arabic and get some Muslim head coverings. If you don’t you’ll probably be accused of a hate crime.

        • On September 16, 2017 at 11:53 am,
          CFS says:

          I plead guilty to hating Islamic Scum violence, just as I would plead guilty to hating Christian Scum violence if, in the name of Jesus Christ, any people went about killing and maming innocent people who had never hurt a fly.
          The attacks are misplaced, by any logic, but that is still their Islamic religion of some groups; fortunately not preached in Christianity for many hundreds of years.

          • On September 16, 2017 at 7:43 pm,
            CFS says:

            Segment 6:
            How could Ivan Eland talk about anti-terrorism and not mention Iran’s transfer of $1 billion to Hezbollah, courtesy of the traitor Obama?
            Why talk about income tax when Iran is violating its obligations under the deal.
            Trump could cancel all future aspects of the deal and impose sanctions, but he doesn’t.
            Why not?
            Is it not more important to stop Iran supplying more uranium to Korea?
            Is it not more important to stop Korea supplying missile technology to Iran?

            Talk about out of sight, out of mind. What’s up with American attention spans?

          • On September 16, 2017 at 8:45 pm,
            GH says:

            I add up the number of Muslims killed by Christians over the past century versus Christians killed by Muslims, and I puzzle over your thought process, CFS.

    • On September 17, 2017 at 7:16 am,
      Robert Moriarty says:


      Don’t you understand you are being programed to hate Muslims?

      Canadian economist Dr. Michel Chossudovsky, who is the University of Ottawa’s Emeritus Professor of Economics:

      We are dealing with a criminal undertaking at a global level . . . and there is an ongoing war, it is led by the United States, it may be carried out by a number of proxy countries, which are obeying orders from Washington. . . . The global war on terrorism is a US undertaking, which is fake, it’s based on fake premises. It tells us that somehow America and the Western world are going after a fictitious enemy, the Islamic state, when in fact the Islamic state is fully supported and financed by the Western military alliance and America’s allies in the Persian Gulf. . . . They say Muslims are terrorists, but it just so happens that terrorists are Made in America. They’re not the product of Muslim society, and that should be abundantly clear to everyone on this floor. . . . The global war on terrorism is a fabrication, a big lie and a crime against humanity. (source) (source)

      • On September 17, 2017 at 10:14 am,
        Shootingfish says:


        So undeniably true. Best try and keep ones eyes and ears open.

      • On September 17, 2017 at 11:36 am,
        CFS says:

        If I hate muslims, as opposed to the Islamic scum terrorists, how come I have travelled to the Middle East so many times ion the last few years, visiting Dubai, Jordan, Egypt, Oman, qatar,Abu Dhabi, Turkey. All at my own expense, not on business.

        • On September 17, 2017 at 11:41 am,
          CFS says:

          If you do not understand the mindset of people; both the Anglo-Saxon culture and Islamic culture, and if you fail to distinguish between the acts of individuals, albeit often “leaders”, you will never understand or be able to judge “Real Truth” from propaganda.

      • On September 17, 2017 at 12:19 pm,
        CFS says:

        I happen to believe the Anglo-Saxon culture to be superior to Islamic culture, in general: please listen to …..


        I did not have to be programmed.

        • On September 17, 2017 at 2:27 pm,
          Robert Moriarty says:


          Of course you do not need to be programed. You already have been. You are confusing the symptom with the cause. How many times have you mentioned that war on Islam by the west that has been going on for 100 years?

          Go to Bagdad or Karachi or Damascus and tell them just how superior your culture is. They think the west is made up of monsters. And of course they are right.

          • On September 17, 2017 at 6:21 pm,
            CFS says:

            Mr. Moriarty, you need to read more carefully what I write.

            When I rant against Islamic scum, I refer to IS, not Muslims in general……There is a difference.
            Can you point to me ever been in favor of general war against Islam?
            Have you ever seen me support even targeted drone attacks?
            Yes, I have attacked the religion of Islam, because I find its teachings Misogynistic.
            Yes, I have attacked the religion of Islam because I find the punishments of apostasy unacceptable among civilized people.
            Yes, I have attacked the religion of Islam because I do not find it in general to be a religion of peace, even if many who follow the religion so claim. It needs a reformation.

      • On September 17, 2017 at 1:35 pm,
        GH says:

        To put a finer point on it then, CFS, the point of all of this is to legitimize un-ending war against Muslims.

        I’ve never seen you put any energy into analyzing the many indicators of collusion between Western intelligence agencies and Islamic terrorists.

        Your response is reminiscent of that of ‘Liberals’ to Charlottesville: highly emotional, they don’t even consider if perhaps the whole thing was orchestrated in order to play them, and they are uninterested in digging to figure out the true facts of the matter.

  12. On September 16, 2017 at 8:59 am,
    Ebolan says:

    All for the home schoolers. Nothing good comes out of gooberment indoctrination…er…sorry “education.”

    • On September 16, 2017 at 1:00 pm,
      Bonzo Barzini says:

      And don’t forget forced government inoculation at public schools, which goes against the Nuremberg Code.

    • On September 17, 2017 at 2:14 pm,
      GH says:

      And then there’s ‘higher’ education.

      “More than 25 percent of college students have been diagnosed or treated by a professional for a mental health condition within the past year.”


      How many 18-year-olds have the maturity and mental toughness to withstand the psy-op that College/University education now is? Especially if they’re far from home.

      • On September 17, 2017 at 2:29 pm,
        Robert Moriarty says:


        And how many six year old kids are being given psychotropic drugs?

        • On September 17, 2017 at 3:03 pm,
          GH says:

          It’s a madhouse, Robert.

          I believe the rate of psychotropic pharmaceutical use for children age 10 and under is something like 10%. Don’t quote me on that, though. One in four women between the ages of 40 and 60. (Is today’s feminism helping or hurting women?)

          Then there’s this:

          “Walsh, who has studied this phenomenon, notes 42 of the 50 major school shootings in the U.S. since 1990 were done by teens or young adults taking an SSRI.”


  13. On September 16, 2017 at 9:06 am,
    CFS says:

    The world’s largest beer festival (Munich’s 184th Octoberfest) will be held from Sept. 16 until Oct. 3.
    To see how the mighty US dollar has fallen, a large stein now runs about $13.

    • On September 16, 2017 at 10:46 am,
      Excelsior says:

      Interesting take on inflation through beer steins. I’d still throw down at $13 a stein and celebrate in all smiles. That is one of my bucket list events to attend. Bottoms Up!

      • On September 16, 2017 at 11:57 am,
        CFS says:

        It was less than $10 last year. My math says over 30% inflation. (mostly taxes, which governments don’t count)

    • On September 16, 2017 at 1:08 pm,
      Bonzo Barzini says:

      In 1973 I saw a tourist thrled through the glass entrance door by 2 bull-necked bouncers at the Hoffbrauhaus when they caught him trying to steal a large stein under his coat. I managed to steal one from the Chinese pagoda in the Englishgarten the following night.
      I still have it 44 years later. I figured the tourists deserved revenge.

      • On September 16, 2017 at 1:19 pm,
        OOTB Jerry says:

        I use to collect german glass steins………still have em…….love um……
        got rid of all the ceramic steins……must be an IU thing……. 🙂

        • On September 16, 2017 at 2:52 pm,
          Bonzo Barzini says:

          My 1 liter glass stein has the big, blue Lowenbrau lion on it.

          • On September 16, 2017 at 3:10 pm,
            OOTB Jerry says:

            I just pulled one of my glass steins off the shelf to see what I had, ……I thought this one was interesting………Ye SIGN of Ye SILVER GRILL….with two swastika in each corner.by Albert Pick & Co….I doubt it is german…..just like the design when I bought it in the 70’s

          • On September 16, 2017 at 7:28 pm,
            CFS says:

            I’m a wine man myself. Can’t remember the last time I had a beer.
            Although I have attended Octoberfest, having lived in Germany almost 3 years and visited countless times. (I actually prefer Austria)

          • On September 17, 2017 at 5:08 am,
            OOTB Jerry says:

            MY consumption of beer is down to , maybe three bottles a year. Wine is easier on the stomach as it says in the bible…….a nice Merlot for me . As for Germam…..Octoberfest for drunks which oberbeering the streets. I do like the white asparagus …..and the cobbled streets.

          • On September 17, 2017 at 2:42 pm,
            Bonzo Barzini says:

            I prefer organic green tea with lemon juice, ginger, cinnamon, etc.

  14. On September 16, 2017 at 9:26 am,
    Paul L says:

    Who said the market is overvalued. Amazon is down $100 from the highs and a bargain at only 248 times earnings. That has a buy rating by analysts as they like buying high and selling low. Stocks like Verizon and AT&t only get a hold rating with their big 5+% dividends as the experts will wait till they are 10 to 15% higher to give a buy rating. Google is better than Amazon at 27 times earnings I took an 8500 gain on it on a sharp dip to 906 and sold it at 942 9 or 10 days later.

  15. On September 16, 2017 at 9:36 am,
    CFS says:
  16. On September 16, 2017 at 10:19 am,
    CFS says:

    SgtReport with Dave Kranzler………Is Jeff Christian duplicitous?

  17. On September 16, 2017 at 10:19 am,
    CFS says:
  18. On September 16, 2017 at 10:26 am,
    b says:

    I thought Lew Rockwell was great, where was he when I was arguing democracy was the weakest form of government and monarchy would be better?
    I could have used some allies. lol

    Democracy the god that failed, Hans Herman Hope

  19. On September 16, 2017 at 10:48 am,
    Excelsior says:

    Interview with Mr. Robert Dufour, CFO of $ANX Anaconda Mining

    by @Newton on September 15, 2017


  20. On September 16, 2017 at 10:48 am,
    Excelsior says:

    What Wall?
    Gary Wagner – September 15, 2017 #VIDEO #TechnicalAnalysis #Charts

    #Gold #Silver $INDU DOW


    • On September 16, 2017 at 10:49 am,
      Excelsior says:

       #Gold Stocks: Core Position Focus
      Morris Hubbartt – Sep 15, 2017
      Super Force #PreciousMetals #TechnicalAnalysis

      • SFS Key #Charts & #Video Update $GDX $SIVR $XLE


      • On September 16, 2017 at 10:50 am,
        Excelsior says:

        SF60 Key #Charts & #Video Update $ABX $NGD $GDXJ


        • On September 16, 2017 at 10:50 am,
          Excelsior says:

           Ira Epstein’s #PreciousMetals #Video 9 15 2017

          #Commodities #TechnicalAnalysis #Gold #Silver #Copper #Platinum #Dollar


          • On September 16, 2017 at 12:01 pm,
            CFS says:

            Thanks for all your posts, Ex. I see I’m not going to goof off this afternoon, but listen in.

          • On September 16, 2017 at 4:34 pm,
            Excelsior says:

            Thanks CFS. Yes, they’re worth the watch and most are short videos 5-10 mins.

  21. On September 16, 2017 at 11:04 am,
    Excelsior says:

    HAYWOOD RESEARCH: The Weekly Dig – Latest Missile Test Flies Under Gold’s Radar

    The Weekly Dig – Sept 15, 2017
    by Mick Carew, PhD, Emma Boggio, MSC, CPA and CA, and The Haywood Mining Team

    Precious Metals:
    Base Metals:



    • On September 16, 2017 at 11:23 am,
      Excelsior says:

      The Next Phase in Gold’s Seasonality

      August 26, 2017 – Bob Hoye, Institutional Advisors –
      Technical observations of Ross Clark


      • On September 16, 2017 at 11:26 am,
        Excelsior says:

        Harvey, Irma, Gold and Bad Options

        > “In the Previous Three Weeks:”

        – Gold rose over $1,330.
        – Silver reached $18.00.
        – The DOW almost reached another all-time high.
        – Hurricane Harvey slammed into the Texas coast, flooded Houston, and caused massive damage.
        – Hurricane Irma crashed into Florida and created flooding and huge damage, although a late move west reduced potential destruction.
        – China is preparing a crude oil contract that will allow oil exporters to sell their crude on a Chinese exchange and be paid in yuan, which can be sold on a –
        Chinese exchange for gold. This could be very important for the gold market.
        – The Federal Reserve met and … yada yada yada.
        – North Korea and President Trump exchanged pleasantries in their great distraction game….”


  22. On September 16, 2017 at 1:35 pm,
    Markedtofuture says:

    The Confusion in Gold

    QUESTION #1: [_____] says that the dollar will collapse because with the debt ceiling gone – no more buyers of Treasuries in the markets and only the Fed Reserve buying – inflation goes to the wazoo. All over USA. care to comment?


  23. On September 16, 2017 at 1:37 pm,
    Markedtofuture says:

    More Strange Gold Reasoning

    QUESTION #1: Marty,
    ___ ________ makes the argument that if “the government” raised the price of gold to $5000/oz it would start and inflation that would wipe away the debt.


  24. On September 16, 2017 at 1:57 pm,
    Matthew says:

    The mini melt-up that I said was possible for the CRB looks more likely now. 191, here we come…

  25. On September 16, 2017 at 4:36 pm,
    Excelsior says:

    The Massive Impact of EVs on Commodities in One Chart

    JEFF DESJARDINS on September 15, 2017

    * Material Demand increase Notes

    Lithium 2,898% Needed in all lithium-ion batteries
    Cobalt 1,928% Used in the Bolt’s NMC cathode
    Rare Earths 655% Bolt uses neodymium in permanent magnet motor
    Graphite 524% Used in the anode of lithium-ion batteries
    Nickel 105% Used in the Bolt’s NMC cathode
    Copper 22% Used in permanent magnet motor and wiring
    Manganese 14% Used in the Bolt’s NMC cathode
    Aluminum 13% Used to reduce weight of vehicle
    Silicon 0% Bolt uses 6-10x more semiconductors
    Steel -1% Uses 7% less steel, but fairly minimal impact on market
    PGMs -53% Catalytic converters not needed in EVs


    • On September 16, 2017 at 4:41 pm,
      Excelsior says:

      INVESTORS PREPARE: China To Launch Massive Bull Market In Gold And These Surprising Markets
      September 16, 2017

      Dr. Stephen Leeb: – “China never rests on its laurels, and China is always thinking ahead. As we reported recently, China plans to take control of the Eastern oil market – the world’s most dynamic oil market, control over which is likely to lead to China’s control of oil markets outside the East. It’s a step that will lead to a gold-backed yuan being widely used in trade – not just oil trading but trade in general – throughout the East and possibly beyond. It is step that is in the process of launching gold into an epic bull market as gold becomes the center of a new monetary order…”

      China To Link Its Currency To Gold…

      “China Moving To Control The Auto Market”

      This past week, China announced it was drawing up plans to phase out sales of cars with internal combustion engines (something many European countries and Britain have announced they are planning as well) and promote electric vehicles (EVs). At first glance, this seems to be a noble goal. China is committed to reducing greenhouse gas emissions, and EVs are more climate-friendly than gas-powered vehicles. ”

      China Has The Rare Earths…

      China Controls Cobalt…

      And Graphite….


      • On September 16, 2017 at 4:45 pm,
        Excelsior says:

        Continuing on from article above:

        “…. But it’s revealing that this wasn’t the only car-related story from China this week. Another was a story in The Financial Times reporting that China’s auto companies are going after export markets. Geely Automobile will begin selling one of its leading brands in Europe next year. Great Wall, another large Chinese automaker, already has begun selling pickup trucks in Italy and is trying to acquire the Jeep brand from Fiat Chrysler. And BYD, China’s largest company in the auto arena, has been exporting electric buses to the U.S.”

        “We see these stories as intricately related. They point to China’s ultimate goal, which is to secure a global franchise in one of the world’s most important industries – automobiles – as part and parcel of its intention to maintain control over all the minerals and resources that will be needed to power cars in the post-oil world. And that, in turn, is essential to China’s determination to maintain a gold-linked yuan, or probably a basket of gold basket of gold-backed currencies that include the Yuan, as the world’s predominant currency, something that will ensure China’s control over its own fate.”

        • On September 17, 2017 at 2:10 pm,
          Excelsior says:

          Tesla’s Supply Chain Risks – The Cobalt Problem

          September 16, 2017 – by Robert Lyman

          “The Morgan Stanley market analysis makes several very optimistic assumptions about the future of electric vehicles. It assumes that:”

          – EV sales worldwide will increase from 1.1 million with 38 kWh battery packs in 2017 to 9.4 million with 47 kWh battery packs in 2025 (This is far below the projections of EV enthusiasts but well above the pace at which sales have been increasing to date).
          – Cobalt supplies will increase rapidly due to aggressive mine expansion and all planned and proposed projects will be successful;
          – Demand growth in industrial applications will remain sluggish;
          – Demand growth in non-EV batteries will flat-line;
          – Demand for stationary storage systems using cobalt-based lithium-ion batteries won’t materialize (i.e. no major use of electricity system-wide batteries);
          – EV demand will ramp up at moderate rates and average battery pack sizes will remain small;
          – Recycling of cobalt will contribute thousands of tons of cobalt to the supply chain each year.

          “Petersen points out that the last assumption is particularly weak. There are no proven, cost-effective and readily deployable technologies for recycling lithium-ion batteries into battery-grade precursor materials. There also are no large-scale lithium-ion battery recycling facilities; building out the necessary infrastructure will take decades.”

          “Eliminating the recycling assumption means that yearly supply deficits of cobalt would start at 5.4% of global demand in 2017 and soar to 14.6% by 2025. The result will be highly volatile prices and bidding wars that will place severe stress on EV builders.”


          • On September 17, 2017 at 2:15 pm,
            Excelsior says:

            I would submit the American Manganese and Ucore and few other companies are working on recycling LI-Batteries, but are not going to be able to put a dent in the supply deficit and that recycling, is not going to be enough. There will have to be more mines brought forward into production with sustained higher prices. At least until things stabilize, and then at that point Lithium will likely become a very boring commodity as it will have matured and found equilibrium.

          • On September 17, 2017 at 2:18 pm,
            Excelsior says:

            Same for Cobalt. There won’t be nearly enough of it available from the few battery recycling companies, and there will have to be more Cobalt brought online outside of the DRC as the Congo is a disaster of a jurisdiction. There are Nickel, Copper, and Silver deposits that are well-endowed with Cobalt in Australia, Canada, and parts of Europe that offer an alternative source, and there are still some large base metals producers with properties that will contribute as the pricing makes it more advantageous to their overall economics.

  26. On September 16, 2017 at 5:38 pm,
    Dick Tracy says:

    It’s funny how we had preconceived notions or stereotyping of The Chinese in the 1940”s, 50’s, 60’s and seventies. The Chinese owned laundry shops and restaurants but we never stopped to think of what they thought of us. One day my dad and I were walking down Bay Street and two Chinese businessmen were discussing North Americans, what we overheard them say is ” If they aren’t collecting welfare they are on unemployment insurance.” I guess there is a lot of truth to the fact that our society has gotten soft and has been that way for a very long time. DT

    • On September 17, 2017 at 9:06 am,
      Ebolan says:

      According to Stefan Molyneaux Asians have higher IQs than Caucasian. The pecking order is Asians, then Ashkenazi Jews, than non-Jew Europeans…

      • On September 17, 2017 at 10:15 am,
        Matthew says:

        The material I’ve come across puts Ashkenazim above Asians by five to 10 IQ points.

    • On September 17, 2017 at 12:42 pm,
      CFS says:


      Why do the Chinese consider Americans as a homogeneous race?

      Is not an american of Irish heritage different from an American of German heritage, or an American of southern Italian heritage, or even different still from an American of Kenyan heritage?

    • On September 17, 2017 at 2:35 pm,
      Robert Moriarty says:


      53 years ago I was in high school and we used to imagine having a business making tee shirts and selling them to the Chinese. We would hear things such as “if you had a column of Chinese 18 people wide marching past you, you would never run out of Chinese.” We counted how much we could make selling something as simple and cheap as tee shirts.

      Literally it never occurred to us that maybe the Chinese might make tee shirts and sell them to us.

  27. On September 16, 2017 at 6:38 pm,
    Ozibatla says:

    With gold and silver reacting somewhat negatively whilst NKorea tensions continue, it would appear that technicals can still override sentiment. More so when one considers the dollar sliding as well on the last trading day of the week.

    Its a fine line because this current action in the PMs is healthy I recon but it can easily tip into damage control if they continue to slide next week. Dont think that will happen but who knows for sure.

  28. On September 16, 2017 at 6:56 pm,
    CFS says:
  29. On September 16, 2017 at 10:15 pm,
    CFS says:

    Chris Martenson on Greg Hunter:


    • On September 17, 2017 at 7:37 am,
      Ebolan says:

      Mr. CFS,

      You still live in Commiefornia?

      Well, better learn Espanol.

      Gov Moonbeam to sign legislation next week making Commiefornia a sanctuary state.

    • On September 17, 2017 at 9:13 am,
      b says:

      I agree with Chris M.

      Really gambling to be in the markets now.

      • On September 17, 2017 at 10:51 am,
        OOTB Jerry says:


  30. On September 17, 2017 at 8:49 am,
    CFS says:

    Children say the darnedest things…..

    Donald J. Trump ✔ @realDonaldTrump tweet:
    I spoke with President Moon of South Korea last night. Asked him how Rocket Man is doing. Long gas lines forming in North Korea. Too bad!
    4:53 AM – Sep 17, 2017

  31. On September 17, 2017 at 9:44 am,
    OOTB Jerry says:

    OUTER SPACE.or outer LIMITS……..HALEY’s Comet…….ROcKET Man to the MOON……..
    who in the hell are the morons………..

  32. On September 17, 2017 at 3:57 pm,
    GH says:
    • On September 17, 2017 at 4:54 pm,
      OOTB Jerry says:

      thanks…………Just add it to the pile, that will never be uncovered by the sheeple

  33. On September 17, 2017 at 6:04 pm,
    Matthew says:

    Ludwig von Mises and the Real Meaning of Liberalism

    Liiberalism has become one of the most widely misused and abused words in the American political lexicon. It represents, some say, politically “progressive thought,” based on the goal of “social justice” through greater “distributive justice” for all. Others declare that it represents moral relativism, political paternalism, governmental license, and just another word for “socialism.” Lost in all of this is the fact that historically, “liberalism” originally meant, and continues to mean for some, individual freedom, private property, free enterprise and impartial rule of law under constitutionally limited government. Read more…

  34. On September 17, 2017 at 6:09 pm,
    Markedtofuture says:

    Allan Barry Reports from Mexico – Episode Quatro

    Stock news discussed on the show include from: Sabina Gold & Silver (SBB.T), Great Bear Resources (GBR.V), Novo Resources (NVO.V), Colorado Resources (CXO.V), Wolfden Resources (WLF.V), Tudor Gold (TUD.V), Serengeti Resources (SIR.V) and Fjordland Exploration (FEX.V)

    I also added a new pick in this show, with Adamera Minerals (ADZ.V). I also discussed some of the highlights from the news that Advance Gold (AAX.V) is acquiring a 100% interest in the Tabasquena silver mine in Zacatecas, Mexico.

    Enjoy the show,


  35. On September 17, 2017 at 6:54 pm,
    Markedtofuture says:

    Operation Freedom interview with Catherine Austin Fitts


  36. On September 17, 2017 at 8:07 pm,
    Excelsior says:

    Peter Schiff: Beanie Babies, Bitcoins, and What’s next?


  37. On September 17, 2017 at 10:22 pm,
    CFS says:
  38. On September 18, 2017 at 4:05 pm,
    Markedtofuture says:

    Why Is The BIS Flooding The System With Gold?

    A consultant to GATA (Gold Anti-Trust Action Committee) brought to our attention the fact that gold swaps at the BIS have soared from zero in March 2016 to almost 500 tonnes by August 2017 (GATA – BIS Gold Swaps). The outstanding balance is now higher than it was in 2011, leading up to the violent systematically manipulated take-down of the gold price starting in September 2011 (silver was attacked starting in April 2011).


  39. On September 18, 2017 at 4:59 pm,
    Markedtofuture says:

    Stateside Report Podcast – September 18, 2017

    In this episode of the Stateside Report podcast we take a look back at the week in gold, silver, the base metals and the stocks, we provide our Wits 2.0 update, then we talk about the following press releases from the past week: Alexandria Resources $AZX, Genesis Metals $GIS, Kairos Minerals $KAI.AX, DGO Gold $DGO.AX, Eldorado Gold $ELD, Richmont Mines, $RIC, Monarques Gold $MQR, Aurelius Minerals $AUL, Teranga Gold $TGZ, Ivanhoe Mines $IVN, Eloro Resources $ELO, Advance Gold $AAX, Jayden Resources $JDN, Melkior Resources $MKR, Metallis Resources $MTS, Decade Resources $DEC, QMX Gold $QMX, Contact Gold $C, Colorado Resources $CXO, White Gold $WGO, Pure Gold Mining $PGM, and Tantalex Resources $TTX. We talk gold, silver, copper, lead , zinc, nickel, uranium and oil.