Weekend Show – Sat 18 Nov, 2017

The Ongoing Tax Reform Issue and A General Uneasiness In Markets

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The topics of the week were tax reform (again), Bitcoin, and a slow move to the sell side across the board. All of these topics are discussed in this week’s show. Please everyone keep in touch by commenting or emailing me directly at Fleck@kereport.com. I love to hear from all of you on companies you like, thoughts on guests, and topics/questions you would like addressed!

We hope everyone has a great weekend and for everyone in the US a great Thanksgiving this upcoming week!

  • Segment 1: John Rubino, Author and Editor of DollarCollapse.com shares his worries about the markets. These include a flattening yield curve and massive debt levels.
  • Segment 2: Ned Schmidt addresses the discrepancy between gold and equity assets.
  • Segment 3: Lawrence Roulston is back to shares some of the companies he is working with.
  • Segment 4: We wrap up the first hour with Valentin Schmid and some comments on news around Bitcoin over the past couple weeks.
  • Segment 5: Big Al discusses the tax bill with Chris Temple.
  • Segment 6: We continue our discussion with Chris Temple on both President Trump and the Tax Bill.
  • Segment 7: Mark Bitz author of the Flourish books discusses politics an stagnation in America.
  • Segment 8: Mark Bitz continues his commentary on the Flourish movement in America.

Exclusive Company Interview and Commentary

Segment 1

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Segment 2

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Segment 3

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Segment 4

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Segment 5

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Segment 6

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Segment 7

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Segment 8

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John RubinoNed SchmidtLawrence RoulstonValentin SchmidChris TempleMark Bitz
Cory FleckAl Korelin

  1. On November 18, 2017 at 3:56 am,
    Excelsior says:

    Looking forward to a great weekend show. Thanks Cory and Big Al for all you guys do to bring on quality guests with interesting insights, day in and day out. Cheers!

    • On November 18, 2017 at 3:57 am,
      Excelsior says:

      …. and if he’s out there, hello to Skeeta.

    • On November 18, 2017 at 2:09 pm,
      Big Al says:

      Excelsior, It’s getting to b a way of life for me! And, I love it!

      • On November 19, 2017 at 6:02 am,
        Excelsior says:

        Much appreciated sir.

  2. On November 18, 2017 at 4:04 am,
    Excelsior says:

    Gold Surges Closing Well Above Its 50 day Moving Average

    Gary Wagner – November 17, 2017

    #VIDEO #TechnicalAnalysis #Charts #Gold #Bitcoin #JapaneseCandlesticks #ElliotWave


  3. On November 18, 2017 at 4:30 am,
    Markedtofuture says:

    Metals Investor Forum Nov. 2017: Artemis Resources Ltd. (Edward Mead)

    Edward Mead Executive Director of Artemis Resources Ltd., delivers a presentation at the November 10&11, 2017 Metals Investor Forum.


    • On November 18, 2017 at 6:12 am,
      Excelsior says:

      (SGX) (SGGDF) Sage Gold Inc. (Nigel Lees)
      Metals Investor Forum May 2017 – Corporate Presentation #VIDEO


      • On November 18, 2017 at 6:15 am,
        Excelsior says:

        “A Really Interesting Story” – Jay Taylor with Sage Gold CEO Nigel Lees

        Jay Taylor, interviews Sage Gold’s CEO Nigel Lees at the May 2017 Metals Investor Forum.


        • On November 18, 2017 at 6:17 am,
          Excelsior says:

          (SGX) (SGGDF) Sage Gold moving quickly towards production
          September 11, 2017 —

          “Nigel Lees, President, CEO and Director of Sage Gold Inc. (TSXV: SGX) in an interview with InvestorIntel Senior Editor, Jeff Wareham discuss Sage Gold’s production timelines. Nigel states Sage Gold is getting very close to be moving mineralized ore to the mill and they are expecting to be shipping ore by the end of September/beginning of October. Nigel also comments on what investors can expect to hear next from Sage Gold, which includes their planned explore drilling of the historical “very high-grade Kinross holes”.


          • On November 18, 2017 at 6:19 am,
            Excelsior says:

            Nigel Lees on Sage Gold’s first delivery of mineralized material #VIDEO
            October 19, 2017 —

            “Nigel Lees, President, CEO and Director of Sage Gold Inc. (TSXV: SGX) in an interview with InvestorIntel Senior Editor, Peter Clausi discuss their first delivery of mineralized material from Clavos gold mine to McEwen Mining’s Black Fox-Stock mill. The mineralized material that is being shipped to mill is broken up underground and was left by the previous owners, St. Andrews Goldfields, who spent $65 million on the project. Sage Gold has access to all of the left mineralized materials at a very low cost.”


          • On November 18, 2017 at 6:20 am,
            Excelsior says:

            (SGX) (SGGDF) Sage Gold Near Term Production with Exploration Upside
            Investor Corporate Slide Presentation | November 2017


          • On November 18, 2017 at 6:21 am,
            Excelsior says:

            $SGX $SGGDF Sage Gold – First #Gold #Production From Clavos Mine
            (Marketwired – Nov. 8, 2017)

            ” Sage Gold Inc. is pleased to announce that it has received confirmation from McEwen Mining Inc. $MUX that mineralized material processed from the first bulk sample mill run at the Stock Mill in Timmins, located 10 km from the Clavos Mine, has yielded approximately 476 ounces of #gold.”


    • On November 18, 2017 at 6:25 am,
      Excelsior says:

      (SIL) (SVCMF) SilverCrest Metals Inc. (Eric Fier)

      Metals Investor Forum May 2017 – Corporate Overview #VIDEO


    • On November 18, 2017 at 6:43 am,
      Excelsior says:

      Sean Brodrick – “Gear Up for the Energy Metals Supercycle”

      Metals Investor Forum – Nov. 2017 #VIDEO

      “Sean Brodrick, contributor to The Edelson Institute, delivers a presentation at the November 11, 2017 Metals Investor Forum. He discusses gold in addition to energy metals.”


      • On November 18, 2017 at 6:46 am,
        Excelsior says:

        Clean Energy/EV Boom – Are You Ready?

        by FI FIGHTER on NOVEMBER 17, 2017

        “So, I want to be well positioned in the following clean energy/EV metals:”


        “It’s a work in progress, but just like I believed in 2016 (and still do as I write this), I really think point blank — Over the next few years, massive gains are going to be made by investors/speculators who get well positioned into the highest quality junior companies who control the best undeveloped mineral deposits of the Big 4 clean energy/EV metals outlined above.”


        • On November 18, 2017 at 9:55 am,
          Excelsior says:

          Investors do need to exercise caution in any sector Precious Metals or Base Metals or Energy Metals, as most deposits will never be economic.

          Apparently I missed all the recent hype of the fake purchase agreement of (WHY) West High Yield ‘s Magnesium deposit, that sent it’s shares soaring, and then halted as the “deal” fell through, and then collapsing into a freefall when the markets realized it was a sham job. Crazy!

          This article sums up the reaction many have to regulators not protecting investors adequately from some TSX Venture companies like (WHY), and investors are correct to expect the governing agencies to look for fraud or exchanges to follow the SEDAR releases carefully.

          However, nobody in their right mind should have considered this deal for $750 Million on a company only valued at $16 Million, and anyone with 2 brain cells should have warning alarms going off that something wasn’t right.

          Most of the responsibility should still be on the investors shoulders to decide if a valuation makes sense or not and do their own due diligence. It is challenging as so many companies puff up their press releases, but a valuation gap that huge and the 4th largest acquisition in the mining space for 2017 on a magnesium company should have made no sense to anybody.


          Canada’s ‘Light Touch’ on Penny Stocks Draws Ire as Deal Fails

          November 8, 2017 – Danielle Bochove , Kristine Owram , & Natalie Obiko Pearson


        • On November 18, 2017 at 10:53 am,
          Excelsior says:

          Profit Opportunities in Battery Metals and the Emerging Electric Vehicle Revolution

          Chris Berry | MiningStockEducation Published on Oct 31, 2017

          “A growing world-wide trend from which investors can profit is the electrical vehicle revolution and the corresponding increased demand for battery metals such as cobalt, lithium, graphite, nickel and copper. In this interview, Chris Berry shares his outlook for the battery metals, the growing electrical vehicle market, vanadium and the vanadium redox battery. ”

          “Chris Berry is the President of House Mountain Partners, LLC. He has been an independent analyst since 2009 with a focus on Energy Metals including lithium, cobalt, graphite, vanadium, and rare earths. His research provides strategic insights to institutional clients and has a specific focus on how disruptive trends in energy, strategic metals, and technology create opportunities.”


        • On November 18, 2017 at 12:06 pm,
          Robert Moriarty says:


          He left out graphite which is just as important.

          • On November 18, 2017 at 1:27 pm,
            Excelsior says:

            Agreed. We were discussing Graphite earlier this week, but those assets and the larger graphite flake size are harder to value for most investors. Are there any Graphite stocks you like Bob M?

            I’ve heard good things about Mason Graphite, Great Lakes Graphite, and have a list of about 2 dozen graphite companies I have yet to dig in on. I occasionally chat with the CEO of Lomiko Metals and they have been at things for some time and seem like a well run company.

            * Sean Brodrick does cover Graphite in his presentation from the Metals Investor Forum that was posted up above, and he notes the same thing that those projects are harder to understand and value than metals like Nickel or Copper or Cobalt.

            Manganese is also important, but Jay didn’t bring that up either. I’ll have to tell him to tighten it up, but he really is mostly focused on Lithium, Cobalt, and Copper outside of his interest in the PMs. He has some GGI for Nickel, but we’ll have to wait to Monday to see what the story is with their assays.

          • On November 18, 2017 at 1:33 pm,
            Excelsior says:

            One thing that several investors have noticed when looking at the effects of batteries and energy storage is that Lithium and Copper got out of the gates first over the last 2 years, and then Cobalt quickly caught up over the last year. More recently Nickel & Manganese have been starting to move, but there hasn’t been nearly as much talk about Graphite. 2018 may be a good year to ride the wave up in graphite, and it may outperform it’s battery tech peers this next year.

          • On November 18, 2017 at 2:00 pm,
            Dick Tracy says:

            One graphite producer that Dines likes is Leading Edge Material Corp V.LEM, they have a mine in Sweden at Woxna. He buys all his investors shares in LEM. Remember Dines is “The Original Graphite Bug”, you have to love his self promotion, often times he is the first to the party. DT

          • On November 18, 2017 at 2:59 pm,
            Excelsior says:

            Thanks DT. Yes, I have them on my Graphite list but don’t know much about them. I’ll check them out.

          • On November 18, 2017 at 4:44 pm,
            Excelsior says:

            OK here’s my Graphite Watchlist.

            I tried to scrub it for companies with at least some exposure to Graphite but if anyone else has any other ideas or companies to add to this list please share them.

            Symbol / Graphite Stock

            CSPG.V Alabama Graphite Corp.
            AXE.AX Archer Exploration Limited
            BSM.AX Bass Metals Limited
            BKR.V Berkwood Resources Ltd.
            BUX.AX Buxton Resources Limited
            CKR.V CKR Carbon Corporation
            CCB.V Canada Carbon Inc.
            CJC.V Canada Strategic Metals Inc.
            DNI.CN DNI Metals Inc
            EGA.V Eagle Graphite Incorporated
            ERA.V Elcora Advanced Materials Corp.
            FMS.V Focus Graphite Inc.
            LION.CN Global Li-Ion Graphite Corp.
            GGG.V Graphene 3D Lab Inc.
            GRAPHITE.NS Graphite India Limited
            GPH.V Graphite One Resources Inc.
            GLK.V Great Lakes Graphite Inc.
            HXG.AX Hexagon Resources Limited
            LRA.V Lara Exploration Ltd.
            LEM.V Leading Edge Materials Corp.
            LMG.V Lincoln Mining Corporation
            LMR.V Lomiko Metals Inc.
            MNS.AX Magnis Resources Limited
            LLG.V Mason Graphite Inc.
            NEXT.TO NextSource Materials Inc.
            NGC.V Northern Graphite Corporation
            NOU.V Nouveau Monde Graphite Inc.
            VLQCF Quantum Graphite
            TLG.AX Talga Resources Limited
            VRC.AX Volt Resources Limited
            ZEN.V Zenyatta Ventures Ltd

          • On November 18, 2017 at 4:49 pm,
            Excelsior says:

            scratch Lara Exploration. They are a prospect generator (mostly gold/copper/coal), and for some reason I had them incorrectly on the graphite list.

          • On November 18, 2017 at 5:08 pm,
            Excelsior says:

            scratch Lincoln mining from that list as well. They are Gold explorers. Sorry about the mixup.

          • On November 18, 2017 at 5:42 pm,
            Excelsior says:

            I stand corrected Fi Fighter does have a favorite Graphite stock:

            @Jayfire – “add $BKT.AX on there. That’s been my top graphite pick for a long time now…”

            “biggest knock is the company is located in Tanzania (main reason why I sold and am on the sidelines for now). They’ve got everything else: size, grade, purity. Here’s the latest news release:”


          • On November 19, 2017 at 6:57 am,
            Robert Moriarty says:


            I like DNI a lot but they are in Madagascar and right now that’s a problem.

          • On November 19, 2017 at 7:55 am,
            Excelsior says:

            Thanks Bob M. I’ll keep an eye on DNI and have seen others discussing them from time to time. Yeah, I’m not a huge fan of Madagascar and as Jayfire mentioned, I’m not a fan of Tanzania at present.

            There are a few others on that list above that do look interesting though.

          • On November 19, 2017 at 9:22 am,
            Excelsior says:

            Here is another Graphite company that is further along, so priced a bit higher.

            Syrah Resources Limited (SYR.AX) (SYAAF)


        • On November 18, 2017 at 1:21 pm,
          GH says:

          Many thanks for these posts, Excelsior.

          • On November 18, 2017 at 1:28 pm,
            Excelsior says:

            Thanks GH. Always glad to share ideas with the good folks on the KER.

        • On November 19, 2017 at 11:57 am,
          Excelsior says:

          Nick French: We Are Approaching The Cobalt Cliff

          Collin Kettell – Palisade Radio – Nov 16, 2017 #AudioInterview


    • On November 18, 2017 at 6:51 am,
      Excelsior says:

      Eric Coffin “November – On Sale” – Keynote Presentation

      Metals Investor Forum – Nov. 2017 #VIDEO


    • On November 18, 2017 at 12:05 pm,
      Robert Moriarty says:


      It’s interesting how Ed Mead glosses over the fact that at the very first opportunity Artemis broke a “Binding” letter of agreement in order to extort 4 million shares from Novo. Isn’t that just like bringing a hooker on your honeymoon? Great way to start a relationship.

      MTF, you know the real story, if Mead understood the value of Purdy’s, why did they do a deal with Novo for $2 million on 1300 square km for 50%?

      • On November 18, 2017 at 1:48 pm,
        Excelsior says:

        Bingo. They have changed their tune in retrospect, but at the time likely didn’t realize the size or scope, nor did they have the precipitation theory that QH had.

      • On November 19, 2017 at 4:13 pm,
        Markedtofuture says:

        Bob, the market says they were a couple of fish out of water. They gave Novo a great deal with the additional 4m Novo shares if the story pans out. Kaiser says the natives are getting greedy. 100K shares to prime the pump to make an agreement down the road.

        According to Kaiser there is more of a wait. The 100K NVO shares was a down payment on further talks. See Uranium Price Gets Boost From Bad News. John Kaiser – November 17, 2017 Around the 18 minute mark talks about NVO and ARV.AX


        • On November 20, 2017 at 5:22 am,
          Robert Moriarty says:

          Kaiser is way out of his depth. He has no clue as to Artemis. All he had to do is call any broker in Perth and ask about Artemis and he would be singing a different tune. He’s pretending to be the expert on Novo and he hasn’t figured out what I knew 8 years ago. Him and Allan Barry are the blind leading the blind. If you want to see what a “Lifestyle Company” looks like, take a gander at ION-V.

          Allan Barry is running the only lithium company in the world with no lithium at all. He couldn’t figure out a scam if he was running one. Wait a minute, he is running one.

          He needs to study assay results for four months to realize he hasn’t got any lithium. Some “Expert.”

  4. On November 18, 2017 at 4:35 am,
    Markedtofuture says:

    Not Any Conglomerate Will Do –

    Bidsky writes: IMO not just any cong will do. What is needed is the magic combo of MRB underlain by the basal cong over a significant unconformity. The unconformity provides the time gap needed (several hundred MYrs) to erode the source rock and rework and concentrate the nuggets in the shoreline high energy marine environment. All the clues lead to this. A few clues are: Beatons Ck is in younger Hardey Formation cong and is low grade. KAI went looking in conglom overlying MRB (despite what some might have us believe) and found a few colours but no watermelon seeds (their eastern tenement is a much better target). MZN have cong underlying MRB but with no unconformity and despite long term exploration at the Bellary Dome no one has reported watermelon seeds. Watermelon seeds at Purdys, Comet Well and Loudens Patch all have the goods as I believe do HAO. Historical finds of watermelon seeds at Egina and on PIO ground are within cooee of Basal MRB and are likely alluvial deposits relatively recently eroded from the Wits 2 cong. PIO at Kangan IMO will prove to have the Wits 2 source rocks with basal MRB cong with a significant unconformity over the older Cleaverville Formation. There are many claiming to have the right stuff, and no doubt there will be many low grade redeposited cong gold deposits found in younger rocks, but if ya want the ridgey didge Wits 2 Conglomerate with the watermelon seed bed ya need basal MRB cong overlying a significant unconformity.




    • On November 18, 2017 at 8:03 am,
      Markedtofuture says:

      Novo Resources Site Visit in Western Australia

      David Erfle
      Friday November 17, 2017

      I was unable to post a weekly column to Kitco this week as I was on a site visit in Western Australia to see the Novo Resources highly controversial Karratha region project. Since writing two separate reports about the company, (you can access them both here and here) I have been anxious to visit the project and was not disappointed when I arrived on November 14th.


      • On November 18, 2017 at 11:13 am,
        Excelsior says:

        Markedtofuture – have you listened to this analyst’s review of NVO?

        Dave wasn’t bashing the company by any stretch or the reasource, and stated several times that Novo Resources MAY really have something. However, he called the current 1.03 Billion market cap valuation a “Fairy Tale” and was more focused on investors bidding it up based on a theory but without the hard data.

        He mentioned all the work Seabridge and Pretium and Eurasian minerals did on nuggety projects, and how much time and money & time it has taken to develop their projects. David goes on to make some comparisons based on different Market Caps based on how far along they are in the exploration/development process. Again, he mentioned that they may in fact have a large resource, but at this point it is still unknown, and they are still a pre-revenue company in the trenching phase and haven’t even reported the wide diameter drilling yet.

        I’m sure this interview may ruffle a few feathers from die-hard believers, but I like listening to and considering all points of view. Dave did make some good macro points on valuations and speculating in Jr mining companies in general. He also squashed the importance or strategy of how many investors approach Tax Loss Selling, and I felt he made some good points in that section.


        Dave Kranzler | Novo Resources…Bonanza or Bust?

        MiningStockEducation.com – Nov 18, 2017

        0:05 Introduction of Topic and Guest
        2:26 John Kaiser clip re: Novo’s possible 20B oz Au discovery
        3:22 Dave’s analysis of Novo Resources
        4:53 Comparing Novo Resources to other Gold Companies
        11:27 Would you invest in any $1B market cap pre-revenue company?
        14:01 Thoughts on the tax-loss selling season
        17:13 Where is gold headed based on recent COT reports?
        24:47 Can gold break out above $1,500 in 2018?
        26:03 Opportunities in the junior gold sector in next 6 months


        • On November 18, 2017 at 12:36 pm,
          Markedtofuture says:

          Ex, thanks for the link. NVO does have a premium price, excluding one’s with early entry points. Some of the Pilbarasisters with seeds, have better entry points.

          • On November 18, 2017 at 1:50 pm,
            Excelsior says:

            Yes, I’ve got a small position in Kairos going, and am considering De Grey or Pioneer for dating a few more of the Pilbara Sisters.

            There are a few that have voiced caution about Chalice Gold mines, despite their lower valuation. Any thoughts there?

          • On November 19, 2017 at 5:50 am,
            Excelsior says:

            Here’s a presentation from another one of the Pilbara Sisters – Impact Minerals IPT.AX (not to be confused with Impact Silver IPT).

            There is some interesting discussion on the front end of this presentation about the difference in the nuggets from Purdy’s Reward versus the Quartz-hosted gold nuggets and how they are 2 different sources of gold that may assist investors new to this Panic in the Pilbara story about the new Aussie area play.


          • On November 19, 2017 at 7:00 am,
            Robert Moriarty says:


            And some of the Pilbarasisters clearly have vein gold from the basement rock. Not the same.


            I like De Grey a lot. I swapped my Artemis that I viewed as nothing more than a trading stock for De Grey that already has a solid basis for it’s market cap

          • On November 19, 2017 at 9:37 am,
            Markedtofuture says:

            Hi Bob, only dating Artemis, De Grey, Macarthur and Pioneer. Arrived a little too late to Novo, but did trade some in the mid 4’s.

          • On November 19, 2017 at 10:10 am,
            Excelsior says:

            Thanks guys. Looking into De Grey a little closer. Still considering Pioneer or Impact Minerals as well.

          • On November 19, 2017 at 11:03 am,
            Markedtofuture says:

            Ex, here is some study material from Jonathan Campbell. He’s the guy that got the Pilbara ball rolling. He shut down his twitter posts because he is consulting now. twitter dot com/ozwitsgold


          • On November 19, 2017 at 11:48 am,
            Excelsior says:

            Thanks Markedtofuture.

            What do you think of this guy’s prior comments?


          • On November 19, 2017 at 11:51 am,
            Excelsior says:
          • On November 19, 2017 at 1:46 pm,
            Markedtofuture says:

            Ex, I got out of KAI because someone said they didn’t have seeds. I should have told you to click on JonathanC’s name. Thunder is another good poster. He had to set him straight on one of his posts. We should know soon if those nuggets came from Pio’s ground.


          • On November 19, 2017 at 5:33 pm,
            Excelsior says:

            Markedtofuture. Thanks for that link, as I don’t get on Hotcopper as often as other sites and sometimes struggle with the functionality, since I don’t post there or interact there.

            What I thought was telling about JohnathonC’s message you posted earlier was this passage about Pioneer:

            “I openly said that PIO will not be a Purdys or Comet Well maybe you over looked that? But you will find that at there current price and what PIO have going on they are cheap in my opinion.” — Johnathonc: 03/11/17


            In contrast Kairos (KAI) has found “unrecognized strike-extensive conglomerates in a favorable stratigraphic location below the Mt Roe Basalt,” as well as visible gold that was panned.

            See their press release on Nov 9th:


            It was my understanding that they just haven’t secured the permits for surface disturbance yet, so once they get the metal detectors, jack hammers, and soil trenching going, then we can see what Kairos may have in store under the surface.

            That is why I took a speculative punt on them, for a potential discovery scenario, and at this point it seems a bit too early to write them off completely when things are just getting started on their exploration.

            BTW what are your thoughts on either Marindi Metals or Haoma Mining?
            (2 more Pilbara sisters that are generating more buzz lately).

        • On November 19, 2017 at 5:50 pm,
          Excelsior says:

          @devarishi – “According to the following article, Eric Sprott owns 12.4% of $kai.ax. That was as of October 25. It’s possible he bought more on the open market since then. The fact that ES is investing in kai.ax says that they are more likely to have something significant, compared to some of the other Pilbarra little sisters.”


  5. On November 18, 2017 at 4:57 am,
    AJ says:
  6. On November 18, 2017 at 4:59 am,
    AJ says:
    • On November 18, 2017 at 5:05 am,
      Ebolan says:

      These socialist ponzi schemes will collapse on their own even if the Republowclowns don’t touch them.

    • On November 18, 2017 at 7:33 am,
      Ebolan says:

      I could never understand why the Ameroconned Sheeple don’t understand that ANYTHING the gooberment does puts the politicians, bureaucrats and their cronies 1ST and everyone else LAST.

      Politicians and bureaucrats will ALWAYS reward their themselves and their friends and punish their enemies at our expense!

      So why on earth do the Amerconned Sheeple insist the gooberment run healthcare, run insurance, run everything! Run it right into the ground!

      Can’t the see most everything the gooberment does turns to sh*t??? If gooberment can even reach mediocrity in anything it is nearly a miracle.

      • On November 18, 2017 at 1:25 pm,
        GH says:

        Why? Because the mass media helps them keep the masses bamboozled, distracted, disinformed…

      • On November 18, 2017 at 2:17 pm,
        Big Al says:

        Any comments, Eddy, on Murray’s attempt to get both sides of the aisle to admit mistakes and make it right? Notice that I said “both sides of the aisle”

    • On November 18, 2017 at 2:15 pm,
      Big Al says:


      At this moment in our history simplicity an common sense are non existent as everyone on this site is very well aware. There is so much going on that it is hard for a “mere mortal” to grasp it all.

  7. On November 18, 2017 at 5:14 am,
    Ebolan says:

    Re: Seg 5

    This country is past broke. It can’t afford a 1 trillion dollar “infrastructure” pork barrel.

    When is anyone going to talk about REDUCING gooberment spending?

    • On November 18, 2017 at 2:19 pm,
      Big Al says:

      Eddy, because no one cares anymore because they refuse to accept the reality of the situation! And, hence “the beginning of the end”

  8. On November 18, 2017 at 5:23 am,
    Ebolan says:

    Re: Seg 6

    I bet these people would sure like to see the Obammycare mandate (buy Bammycare or we’ll fine you and if you resist we will kill you) go away in that tax bill.

    Here’s a family of four that just had their Bammycare policy raised to over $36,000 a year! AND with a $9200 deductible.


    Affordable Care Act? It is the Unaffordable No Care Act!

    • On November 18, 2017 at 8:49 am,
      OOTB Jerry says:

      Wonder why we have so many Americans on welfare…………this is not going to end well.

      • On November 18, 2017 at 8:51 am,
        OOTB Jerry says:


        Bankruptcies are up…….787,000

        • On November 18, 2017 at 8:53 am,
          OOTB Jerry says:

          Foreclosures up……….602,000

      • On November 18, 2017 at 8:54 am,
        OOTB Jerry says:
        • On November 18, 2017 at 8:54 am,
          OOTB Jerry says:

          No way will the family above be able to retire……….

          • On November 18, 2017 at 9:33 am,
            Ebolan says:

            You are right, Jerry.

            I’ve been saying for over twenty years that the vast majority will never retire. They will either work until they die or become incapacitated. And those are the lucky ones who can get jobs. The rest will live in poverty until they die.

      • On November 18, 2017 at 2:21 pm,
        Big Al says:

        Now let me think about that OOTB,. Seems to me that I have heard that thought somewhere before. I just wish I could remember where!

    • On November 18, 2017 at 8:56 am,
      OOTB Jerry says:

      Pelosi should be run out of office………..

        • On November 18, 2017 at 2:27 pm,
          Big Al says:

          Big deal Jerry! It is not a big deal as both sides have these meetings all of the time. It is a big deal only if the side a person supports comes out on top. Right now it looks kind of “iffy” for our party. But then again, “just what is our party” anymore?

      • On November 18, 2017 at 9:32 am,
        Ebolan says:

        Blowsi should be tarred and feathered and then run out of town on a rail.

        But like so many tyrants she will be in office for nearly her whole life. Hell, she can be in Congress as long as she wants.

        • On November 18, 2017 at 12:03 pm,
          OOTB Jerry says:

          It is totally a joke on the american sheeple ……..peeLOWski……scum city leader of a pea brain party.

          • On November 18, 2017 at 2:29 pm,
            Big Al says:

            Am I correct when I come to the conclusion that you two don’t have much regard for Mrs. Pelosi?

          • On November 18, 2017 at 3:19 pm,
            OOTB Jerry says:

            Only with her big gavel……and We have to pass the obomy bill , before we can read it….moron statement, that has cost a fortune for middle american tax payers.

          • On November 18, 2017 at 3:31 pm,
            Big Al says:

            That was perhaps the dumbest comment that I have ever heard from a politician!

    • On November 18, 2017 at 2:20 pm,
      Big Al says:

      That is simply amazing Eddy. Can you provide verification of that claim?

  9. On November 18, 2017 at 5:25 am,
    Ebolan says:

    Re: Seg 6

    Trump resign? You must be kidding. His ego would never allow it.

    • On November 18, 2017 at 2:30 pm,
      Big Al says:

      Mark my words Eddy, it will more likely than not happen.

      • On November 18, 2017 at 3:51 pm,
        Ebolan says:

        David Stockman also says that. You guys must know something I don’t because I just can’t see that ever happening.

  10. On November 18, 2017 at 5:32 am,
    Ulf says:

    Side note. It appears Mexus Gold is finally getting into production. The New MC will do wonders for the share price. Grades appear to be a lot better than first expected, like double!! Oh well, things always go bad when I invest so I wonder what will happen next 🙂

  11. On November 18, 2017 at 5:43 am,
    Ebolan says:

    Re: Seg 6

    Bammycare can’t be fixed. You already have millions without healthcare now and it will get worse. You can’t have families of 4 paying over 36,000 for insurance with a 9200 deductible. And with Bammycare just because you have insurance doesn’t necessarily mean you will get healthcare. A total mess that must be repealed.

    • On November 18, 2017 at 2:31 pm,
      Big Al says:


      We paid $18K per year for out family of four when Kath and I were still working.

      • On November 18, 2017 at 3:23 pm,
        OOTB Jerry says:

        Self employment is a bummer…..when it comes to health insurance…..

        • On November 18, 2017 at 3:30 pm,
          Big Al says:

          Not if your wife works for the school district, OOTB!

  12. On November 18, 2017 at 6:04 am,
    Wolfster says:

    Thanks as always gentleman…Marin Katusa is certainly fired up about copper. Here’s a link to his write up page. Lots of copper articles to choose from. He’s using these write ups to entice new investors to subscribe but he does make valid points going forward for $5+/lb copper in the not so distant future.

  13. On November 18, 2017 at 6:21 am,
    Dick Tracy says:

    “The Grapes Of Wrath”, not to long ago I watched this movie with my son to see if it has stood the test of time. It is a depression era story written by John Steinbeck where one man takes his family from The Oklahoma dust bowl to the promised land of California only to find more misery and exploitation. We are now reliving that story, one of extreme wealth for 1% of the population and poverty for the other 99%. Once the debt bubble has burst the stark reality of the world we have now created will be very much a replay of “The Grapes Of Wrath.” DT

    • On November 18, 2017 at 8:27 am,
      Silverdollar says:

      +1 Great classic movie and the book is even better!

    • On November 18, 2017 at 2:34 pm,
      Big Al says:

      Remember that his later books “East of Eden” and “Cannery Row” did show some positive aspects of society.

      Anyone who has not read these two novels really should!

  14. On November 18, 2017 at 6:45 am,
    Temple says:

    The truth is that — with the exception of the post-war boom from the 50’s into maybe the 70’s — the story of America has always been of overly bloated corporate power and the screwing of the little guy. And the reasons why corporations and farms have become ever larger — doing away with so many family farmers, small grocers, independent business and the like — is so that fewer Americans can avoid becoming corporate serfs.

    Don’t forget that even the sainted Henry Ford — good in some respects, not so much in others — once resorted to paid “cops” to come in and crack skulls and bust union formation efforts.

    You’ll never see a large company again like my all-time fave, the Endicott-Johnson Corporation — check out that awesome story (yet, with the course of time and the greater power of mega-corps, of a now-extinct company) at https://nationalinvestor.com/235/real-american-heroes/

    • On November 18, 2017 at 2:36 pm,
      Big Al says:

      Chris, I have the same feelings about “The Eaton Corporation”

      Thanks for you contribution on the tax bill by the way. A great job on your part!

  15. On November 18, 2017 at 8:20 am,
    Matthew says:

    If gold sees the strength that I think it will next week, then the miners should again provide the leverage that we expect very soon. Gold bears should be nervous…


    • On November 18, 2017 at 8:39 am,
      Excelsior says:


      • On November 18, 2017 at 10:35 am,
        Dick Tracy says:

        SOOOOO, you guys see signs of change, is this looking like a Santa Claus rally, or should we wait for tax loss selling. I got my rally hat in the cupboard but I can’t stand wearing it anymore it just seems to mock me. LOL! DT

        • On November 18, 2017 at 11:18 am,
          Excelsior says:

          Check out the Gary Wagner video at the top of this blog and he reviews how significant this breakout was.

          • On November 18, 2017 at 11:50 am,
            Excelsior says:

            The move up was stronger than most anticipated, and it no doubt broke overhead resistance. One day or week doesn’t make a market, but it can signal the beginning of a trend change. If PMs and the mining stocks rallied from here in mid November, it would catch many investors off sides and they’d have to chase things higher. Personally, I’m all stocked up on mining stocks, so if they rally further, I’ll be all smiles. If it gets to frothy too quick, then I’ll likely put on a short hedge in JDST.

            Now, if we do get the more anticipated dip down into mid December due to the Fed rate hike babble, and conclusion of tax loss selling, then I’m more than happy to add a final tranche in many miners.

            Tax loss selling has already begun and some noted it started earlier this year in October. Many institutional investors have already started or completed most of their tax loss sales. It is the straggling retail investors that may still do some, but that will only affect the more illiquid Jrs, and not so much the mid-tiers, majors, or even the larger more liquid Jrs.

            The other thing to mull over is how much rotation and volume there was in the summer June/July/August during that GDXJ rebalance fiasco. Many tax losses by the big boys were taken during this time frame, and thus they may not have much to deal with here at year end.

            Investors should have a plan for either scenario, but this is exactly why holding onto core positions and trading around them by adding or trimming in extremely oversold or overbought conditions is much safer than staying all in or exiting completely.

            We just saw the same thing with Uranium stocks. I had positions in place, trimmed them back on the initial impulse leg up when things jumped 10-20% a few days in a row, and then bought those partial positions right back when the stocks made a return trip back down.

            Many investors didn’t even have any exposure to Uranium when that rally started, and got caught with their pants down. Fearing that they may be missing out they likely bought on the rallies higher, and now may be underwater on those positions. That wouldn’t have happened if they had been trading around a core position. Longer term they’ll get bailed out as the spot Uranium price has been creeping up and is at $25 now, but the point is to at least have a few fishing poles in the water when a sector is oversold and the sentiment is gloomy.

            When things pop in the mining sector, there is little time to jump on before serious gains have been missed. That other mistake investors make so often is thinking they need to buy their entire position (or sell their entire position) all in one motion. It is MUCH safer to tier or tranche into a good cost basis, and then fade out winning positions in several tranches. If an investor already has a core position they can always average up when things get going to add to a solid position. If things pull back they can add into the weakness.

          • On November 18, 2017 at 1:11 pm,
            Matthew says:

            Six days ago, I said that “the miners can’t give up much this week” and luckily, they didn’t. Also six days ago, I said that “I agree that the miners are at a critical juncture and that the setup appears to favor more downside, but Flanagan’s unprecedented scenario seems a little more likely than he thinks…”

            Flanagan gave the unprecedented scenario a 10% chance but it looks a lot better than that right now!


          • On November 18, 2017 at 2:51 pm,
            Excelsior says:

            Matthew that was an encouraging chart for GDM and good call last week.

            Honestly I’ve never heard of that index, but I have been living in a cave. 🙂

            I thought this may be the same index but it is at a different price point than the chart you posted. Is this GDMTR the same thing?

            NYSE Arca Gold Miners Index (GT (^GDMTR)
            730.1207+5.2665 (+0.7266%)
            At close: November 17 5:19PM EST


          • On November 18, 2017 at 4:42 pm,
            Matthew says:

            Here’s the one that I used:


          • On November 18, 2017 at 5:10 pm,
            Excelsior says:

            Ah. OK thanks. I’m not sure what that GDMTR is either, but both are new indexes to me.

          • On November 18, 2017 at 5:37 pm,
            Matthew says:

            GDX seems to be based on GDM. Here’s 10 years of GDM with GDX overlaid (gold colored candles):

            GDM is about 13 years older than GDX and is obviously not an ETF.

          • On November 18, 2017 at 9:32 pm,
            Excelsior says:

            Interesting correlation. Thanks Matthew.

    • On November 18, 2017 at 10:35 am,
      BDC says:

      Yes, next week into the Thanksgiving holiday will likely signal Dollar and PM direction for the coming period — possibly into year end. Monday morning may be the tell.

      • On November 18, 2017 at 11:24 am,
        Excelsior says:

        Well, It’s a short holiday week, so I wouldn’t place a ton of importance on the longer term trend based on that, but yes they may result in constructive weekly candles if things continue on as the week closed.

        Personally I’m interested in seeing if we get a continuation of the new trend changes where the US Dollar is turning back down and Gold is heading back up through resistance. I’d also like to see Silver a little peppier than it has been lately and have larger percentage gains than Gold to signal things are setting up in a more constructive fashion.

        • On November 18, 2017 at 11:49 am,
          BDC says:

          Silver broke up out of a sideways wedge pattern, a plus, and is nearing the recent 16 October high. Although a short one, this is a very important week, especially considering current world events.

          • On November 18, 2017 at 12:54 pm,
            Excelsior says:

            Yes, Silver was on the move on Friday, but it was up 1.4% and Gold was up 1.3%. What I was getting at is that it would be more bullish to see a few days/weeks where Silver is outperforming Gold by a larger percentage spread, to really signal that a meaningful rally could get underway. Silver has lagged Gold in upwards movements most of the year (which clearly has not been bullish in a meaningful way) , but a change there where Silver starts outperforming by a factor or 2 or 3 will signal a real run in the metals is getting started.

            As for world events being any more or less significant this short holiday week (when many traders are traveling starting mid week, I just don’t place any more significance on it than any other week.

            We’ve had plenty of geopolitical nonsense all year long with the effects of Brexit starting weigh on Europe, the Spain/Catalonia fracture, continued middle East issues, US versus North Korea scares and their insane missile tests, the Saudi Arabian Game of Thrones saga, Energy deals with Russia & China starting to bypass the petro dollar system, and on and on. There doesn’t seem to be anything so significant about this week that is any more or less dire than any other week so far.

            Regardless, I’d prefer to see the PMs heading higher on structural monetary issues, interest rates, and inflation versus the fear trade that is short/fleeting around any geopolitical speed bumps.

          • On November 18, 2017 at 12:59 pm,
            Excelsior says:

            To be sure though, it would be constructive to see the breakout continue in both Gold and Silver, and it would be bummer to see them close back down below resistance again. Gold broke above the recent tops, and finally got above it’s 50 day Moving Average, and it is important to see that hold and continue.

    • On November 19, 2017 at 11:27 am,
      Paul L. says:

      Learned the hard way it is best to buy a small position and not chase any rally up. Wait for dips that will help lower your average cost and then you will not run out of funds.

  16. On November 18, 2017 at 8:22 am,
    Silverdollar says:

    I appreciate Chris and you, Al in pointing out the hypocrisy shown by Republican leadership in the creation of the tax plan they’re touting. Why it’s so hard to simply write a plan that seems fair to a majority is beyond me but it always seems impossible. Chairman Hatch’ committee seems to have caved in to the corporate lobbyists to the exclusion of all other considerations. There was a time when I considered Hatch one of the brightest in the Senate. No more and to think he’s on the verge of retirement with this his legacy. Wow. Hopefully saner minds like Johnson, Collins and a few others can kill the damn thing. Nothing is still better than this monstrosity. JMO

    • On November 18, 2017 at 8:49 am,
      Temple says:

      Hatch has indeed morphed over time from a fairly stalwart conservative a generation ago in most ways to just another garden variety “Rockefeller Republican” and police state advocate.

      • On November 18, 2017 at 10:24 am,
        David says:


    • On November 18, 2017 at 2:41 pm,
      Big Al says:

      We are seeing changes in many important aspects of our country that to me are simply unfathomable.

      Chris and I did enjoy putting together these two segments. We all are aware of what’s going on and it is definitely good to bring it out into the open.

  17. On November 18, 2017 at 8:33 am,
    pardu says:

    The change of electing senators by popular vote disenfranchises the states and is a major flaw and departure from the constitution and the wisdom of the founders. Add to that, the demise of people living within their means and saving for the future and for retirement, the disintegration of the family and moral values , and on and on, demonstrates that we, as a society are dangerously close to going down the road of the Roman republic. We have for far too long lived for today and not for tomorrow and on borrowed money, squandering what could have been had we been more prudent.

    It is a sad state of affairs and a wakeup call to all to begin practicing greater self-reliance and making wiser decisions that our future might improve. It must be done individually, as families, communities and on up the scale for it to succeed.

    • On November 18, 2017 at 2:43 pm,
      Big Al says:

      I thought that Mr. Brit’s comments on Singapore were both interesting and appropriate. Singapore provides a lesson to America in my opinion.

  18. On November 18, 2017 at 8:51 am,
    Temple says:

    The former appointment by state legislatures of their 2 senators was one of the more considerable protections of federalism, etc. But that cause was dealt a mortal war by the War of Northern Aggression, in order to galvanize an all-powerful American empire. Given that, appointment of Senators became an oxymoron; as is, now, the electoral college and other residues of the old, constitutional republic.

  19. On November 18, 2017 at 10:09 am,
    Paul L says:

    Say yes to drugs. I think I have about a 80% return since I started investing in weed stocks in October. I have losses in gold and gave up on gdx. I switched my strategy to trading etfs only (except weed stocks) in September and I have never had such huge gains in such a short period.
    I have started ignoring the news and the stock market and just use my charts. Rick tends to just use charts and does well.

    • On November 18, 2017 at 11:29 am,
      Excelsior says:

      Mine Shutdown Heats Up Uranium Prices

      By Myra P. Saefong – November 18, 2017

      “Cameco will close mine and mill operations to cope with weak prices. Less supply could end seven-year slide in prices.”

      “News of the shutdown of the world’s largest uranium mine has rallied prices for the heavy metal, and could help revive a market that has suffered ever since Japan’s Fukushima nuclear disaster nearly seven years ago.”


      • On November 18, 2017 at 12:43 pm,
        Paul L says:

        That is good news. I have only 1800 shares in URA.

        • On November 18, 2017 at 1:17 pm,
          Excelsior says:

          Yes, we’ve been rehashing the news all week, but it clearly had an immediate effect on almost all the Uranium miners, and it may have kicked off the seasonal Uranium rally we see at the end of each year into the first quarter.

          From a macro picture, with the Cameco supply cuts coupled with the fail of Paladin this year, and the Kazakhstan supply cuts, we are finally seeing enough destruction of production to start underpinning the Uranium Market.

          As we postulated on here a month or two back, we likely just saw the support under $20 at around $18 tested again for a large double bottom pattern, and should see higher prices in Uranium on a move forward basis.

          While sentiment may start improving as the spot prices drift up, they are really irrelevant in the U market, and really it is longer term contract pricing that we’ll need to see get renegotiated in the $40s-$60’s before any really production growth or mine development can be encouraged.

          The insitu Uranium miners have lower costs so companies like Energy Fuels (who has a few ISR mines in addition to their hard rock assets), Ur-Energy, Peninsula Energy, Anfield Energy, and the new project for Uranium Energy Corp, have a distinct advantage over the more expensive hard rock miners. They may excel in the $30’s-$40’s. The hard rock projects need things higher than that though.

          • On November 18, 2017 at 1:19 pm,
            Excelsior says:

            The key since Nov 9th has been that Sentiment has improved a lot in a little over a week, and with all the talk about the Uranium One deal, there are more new eyeballs looking at the Uranium space than there has been in quite some time.

          • On November 19, 2017 at 12:09 pm,
            dragonite says:

            Excelsior, thanks for keeping the uranium spirit alive in the forum after big Al gave up. I have been loading up Uranium stocks since 2009, especially after 2014 when the price for most stocks have crashed over 90%. Except Cameco and CrossHire, which I traded, I mostly having been holding them. It is good to see the price for the most of them have bottomed in the last couple of years. Some even went up gingerly like UEX and UR Energy. My two losers are Paladin and Pinetree. Good thing is I stopped loading them several years ago, feeling their management did not know what they are doing. They seem to know how to ride the price up but clueless for price went down. What I feel magnificent is that some Uranium stocks which make a lot of sense are trading as penny stocks. I have to refrain myself from loading too quickly.

            I purchase some UR Energy and UEC, which you have recommended. I think they will do well. I still love Athabasca Region in Saskatoon (BTW, I currently work in Saskatchewan). My largest holdings are Cameco, Denison and UEX.

            It seems the recent price rise is due to production cut. Do you know of other reasons? like Japan reactor starts? I know China will have dozens of reactors online in the next five years and might have to start buying long term contract as well. Former soviet block currencies got hit due to oil price drop, so the uranium production cost also went down with the currency. Do you think price of oil rise will make their currency rise as well so their Uranium product will sink to loss?

            Thanks gain.

          • On November 19, 2017 at 6:31 pm,
            Excelsior says:

            Hey there dragonite – I just saw your comments and greatly appreciate you sharing what you are up to in to these days with the Uranium stocks.

            I believe the gradual spot price increases from around $18 up to $25 were destined to happen regardless of the supply cuts as it looks like a large double-bottom from those same levels at this time last year. It will be surprising if we ever see those lows again on a move forward basis.

            As for the supply cuts from Kazakhstan, Paladins demise, and now Cameco’s cuts and moving their mine to care and maintenance, we do have a better supply reduction occurring across the sector now. In addition, the Department Of Energy in the US finally is curtailing some of its massive dumps into the spot market under Rick Perry, that were abused and quite destructive to the Uranium miners during the Obama administration. Another secondary supply area that is shrinking is all the underfeeding from Russia that has plagued the space for years…..it is finally coming back down according to people that track the supply from their centrifuges.

            Lastly there were a few new reactor deals announced recently like 6 more large reactors to start construction in China, and a few in the Middle East. As for the restarts, Abe’s landslide win at the election in Japan was a big boost of confidence to getting more of their reactors back online.

            I believe we are finally seeing SENTIMENT improving in the Uranium space again, and this bodes well for 2018 and beyond.

            As mentioned above, it is ultimately the longer term off-take supply contracts that need to get renegotiated higher in the $40s-$60s to get the wheels turning…

            As for stocks I’ll just repost a previous comment, as nothing essentially has changed in my thoughts on the miners.


            Yes, as it relates to the #Uranium stocks, just like most sectors, I like holding a small portfolio of companies in different phases of the mining cycle – #Producers, #Developers, and #Explorers.
            I sold off more Uranium miners earlier in the year to move more focus into Zinc, Gold, Silver, and Lithium in 2017, but I still hold positions in $UUUU, $URG, $DNN, $UEC, $NXE, and $ARY.
            Earlier this year I had a position in $URRE but sold on the surge because I didn’t like their new split focus on Lithium and Uranium, and they didn’t have a solid strategy around the ISR plant they bought in Turkey to my liking. Earlier this year $BKY.L $LTBR $LEU $BMN.AX $UEX and $AL were part of my portfolios but I am out of those at present but considering buying back in. Others I’m watching and may jump on are $PEN.AX $SYH $WUC $DYL.AX $AZZ and $TOE.AX

            I’ve been closely following the Uranium miners since 2010 and remember how some of the assets got traded around or absorbed by other companies and that is why I hold $UUUU and $DNN as both are solid, with great assets, and will survive the final phase of this very ugly bear market in Uranium.

            A big part of my exposure is in the low cost/easy to permit/less disruptive nature of Insitu Mining, so that is another reason I like the old $URZ assets and the Alta Mesa assets that $UUUU acquired, as well as interest in ISR companies like $URG $ARY and $PEN.AX. In addition the new Palangana project at $UEC is insitu as well.

            As for other hard rock #Developers I believe $BKY.L $BMN.AX $WUC $TOE.AX $GXU and $PLU that are going to moving forward with their projects and can technically operate in lower pricing, but clearly would benefit from rising prices into the $40s or $50s. None of those are screaming buys at these low U prices though, so that is why I’m not currently positioned in them.

            When it comes to advanced #Explorers moving into development $NXE is the clear pick of the litter for a Tier 1 project with insanely great economics, but there are still other companies like $SYH $UEX $AL $AZZ $DYL.AX $PTU doing interesting work. There are other explorers I’m following that are less visible & liquid, but they are even more speculative and not a priority.

    • On November 18, 2017 at 11:32 am,
      Excelsior says:

      BTW – I agree that one can just use charts to trade any stock, ETF, or sector, but sometimes there is news (ie.. the Cameco news above, or drill results both good/bad, or premits granted/denied, or a takeover, or asset sale, or a macro sector update etc…. that moves the stocks in ways that are more exaggerated or counter to what the chart set up may indicate.

      It is helpful to stay abreast of breaking news, but then drill down and utilize TA for entries and exits.

      • On November 18, 2017 at 1:56 pm,
        Excelsior says:

        Upon further reflection, I realize that the news on a company level is more important to stay up on than the macro level. Paul L. since you normally trade the Oil or Uranium ETFs or the large cap US equities, then just using the technicals on the charts makes the most sense. On the more thinly traded micro cap stocks the news flow pushes them around to a greater degree.

  20. On November 18, 2017 at 10:31 am,
    Markedtofuture says:

    FBI Informant Has Video Of Russian Agents With Briefcases Of Bribe Money In Clinton-Uranium Scandal

    “There are videotapes where the Russians are opening up briefcases full of cash. These are the people we then gave uranium to, that we then gave nuclear fuel contracts to.”


    • On November 18, 2017 at 10:38 am,
      BDC says:

      Were these agents of the Russian government, or of civilian shysters?

    • On November 18, 2017 at 1:25 pm,
      Markedtofuture says:

      FBI Informant: Russian Briefcase of Uranium One Bribe Money Caught On Video


      • On November 18, 2017 at 2:57 pm,
        Big Al says:

        Even if it is shown clearly on a video a certain segment of folks will not believe it Markedtofuture.

      • On November 18, 2017 at 4:54 pm,
        BDC says:

        Where is the proof that these operatives were working for the Russian government — other than by innuendo?

  21. On November 18, 2017 at 10:38 am,
    PF says:

    Why do we need a Tax Cuts & Jobs Act when the unemployment rate is already very low?

    • On November 18, 2017 at 11:58 am,
      OOTB Jerry says:

      Debt clock,(see above)…..indicates………
      ..165,000,000..plus people are receiving WELFARE govt payments.

      • On November 18, 2017 at 11:58 am,
        OOTB Jerry says:

        that is up from a couple weeks ago……..

      • On November 18, 2017 at 12:04 pm,
        OOTB Jerry says:

        WELFARE USA………..1/2 the people on the take……..

    • On November 18, 2017 at 2:59 pm,
      Big Al says:


      Ask that question to the sixty something greeter at Wall Mart or the sixty something attendant at Mac Donald’s!

  22. On November 18, 2017 at 10:51 am,
    Don Moder says:

    The Congressional Republicans will vote for anything, so they did not put any thought or real effort into it. There is disproportionately a huge tax cut for major corporations and those with wealth, and very little for those with wages, 25% of the middle class will have an increase in taxes. So it falls on the Senate to be last hurdle. Will the billionaires, like Trump, win?

  23. On November 18, 2017 at 10:52 am,
    Don Moder says:

    Glad that Al and Chris Temple cite problems with the Congressional tax bill.

    • On November 18, 2017 at 3:00 pm,
      Big Al says:

      Thanks Don!

  24. On November 18, 2017 at 11:08 am,
    Don Moder says:

    The President is the worse communicator, not a good leader. Well, Trump has always made money through being aggressive, creating chaos and fooling people through miscommunication. For instance, he does not own or manage most of the hotels and highrise condos that have his name on them.

    • On November 18, 2017 at 1:00 pm,
      Dick Tracy says:

      Don, I think Trump communicates well with certain people, he just told crooked little Hillary to get on with her life, I thought he was being nice to her considering her crimes and misdemeanors. He should send her to live with five by five in North Korea, I wonder how long those two would show respect for one another. DT

    • On November 18, 2017 at 3:01 pm,
      Big Al says:

      He does not own or manage most of the properties with his name on them, Don?

  25. On November 18, 2017 at 12:46 pm,
    Chartster says:

    Chris and Al,
    Make a note to your selves to go back and listen to segments 5 and 6 in year or two.

    • On November 18, 2017 at 3:04 pm,
      Big Al says:

      Fair enough, Chartster!

  26. On November 18, 2017 at 1:37 pm,
    GH says:
  27. On November 18, 2017 at 1:44 pm,
    GH says:

    The US dollar index is headed back down, about to lose the 200 week simple moving average. I’m looking for it to get down to the 88-89 level on this decline.


  28. On November 18, 2017 at 1:58 pm,
    Excelsior says:

    Why Silver?

    Kal Kotecha – Nov 16, 2017


  29. On November 18, 2017 at 2:18 pm,
    GH says:

    The yen looks set to decisively take out its 200 week moving avg (dashed red), after ~2.5 years basing.

    95-96 seems likely in the next few months.


  30. On November 18, 2017 at 2:45 pm,
    GH says:
  31. On November 18, 2017 at 9:55 pm,
    Matthew says:
  32. On November 18, 2017 at 10:12 pm,
    Matthew says:
    • On November 19, 2017 at 4:15 pm,
      bonzo barzini says:

      I was thinking the same thing about CDE.

  33. On November 19, 2017 at 6:26 am,
    Excelsior says:

    By Soren K.Group Nov. 14, 2017


    • On November 19, 2017 at 6:42 am,
      Excelsior says:

      Primary silver producers are the best hedge against volatility
      October 24, 2017

      “You must be emotionally prepared for silver’s higher volatility,” points out longtime precious metals analyst Jeff Clark. “In fact, as an investor, this volatility can be your friend. Historically, silver has fallen more than gold in bear markets, but has risen more than gold in bull markets.”

      “According to Clark’s research, over the last peak and trough in the silver market cycle, the price of silver gained 448 percent between 2008 and 2011 compared to gold’s 166-percent rise. Meanwhile, silver fell 71.8 percent between 2011 and 2016 compared to gold’s drop of 44.6 percent.”

      “Silver is without a doubt the most volatile commodity within the precious metals complex,” notes Thompson. “For silver producers, this paints a very complicated and challenging production scenario in many respects — one that’s very sensitive to economics and metals prices. Even a $2 or $3 move in the silver price can make a huge impact for certain producers.”


  34. On November 19, 2017 at 6:28 am,
    Excelsior says:

    Mickey Fulp – Tax Loss Means Buying Opportunities
    NOVEMBER 11, 2017

    “Mickey Fulp, the Mercenary Geologist sits down with Maurice Jackson of Proven and Probable to discuss the values and gains that speculators can make during tax loss selling. Mr. Fulp covers a number of topics in this interview which was conducted at the New Orleans Investment Conference. Listeners will want to pay particular attention to a sweet spot, which is fast approaching, that Mr. Fulp has identified as a buying opportunity for speculators. This interview will also get Mr. Fulp’s introspective on the Precious Metals sector as he will discuss Gold, Platinum, Palladium, and Rhodium.”


  35. On November 19, 2017 at 7:04 am,
    Robert Moriarty says:

    For those who want to understand what a bubble looks like.

    The reasons Americans give for buying bitcoin show they have no idea what they’re doing


    • On November 19, 2017 at 7:53 am,
      JohnK says:

      Bob M:
      I find it fascinating that you have no stake in Bitcoin but continue to devote your time to it.
      Is it the ineluctable nature of Bitcoin? Perhaps panphysicalism?Or is it your elucidation to erudite.
      Are we having fun yet?

      • On November 19, 2017 at 9:31 am,
        Big Al says:

        Pretty advanced language, JohnK!

      • On November 19, 2017 at 10:50 am,
        Robert Moriarty says:


        It’s a bubble. You will get it one day soon.

        You can read a well reasoned article pointing out that that people have no rational reason for buying bitcon and you still don’t understand. That is what makes a bubble. I was writing about gold when it was hated and real estate when it was loved. The only bubble I have ever seen that even came close to bitcon was the Kuwaiti stock market bubble in 1982. I suspect bitcon might just surpass that. When you have companies adding “Block Chain” to their name and advancing 396% the next day, you have ever fool in the universe fully invested.


        This may be your first rodeo but it’s not mine.

        • On November 19, 2017 at 11:05 am,
          Big Al says:

          I could be wrong Robert, but I really don’t think that anyone on this site is experiencing their “first rodeo”!

          • On November 19, 2017 at 12:30 pm,
            Robert Moriarty says:


            JohnK is showing the total lack of knowledge or logic found at the top of every bubble. He can’t justify any reason to own it other than it’s gone up. Some of his statements are beyond absurd. For example

            Pretty hard to fool an ol truck driver/carpenter/unemployed commercial fisherman/Lead Data Analyst.


        • On November 19, 2017 at 4:21 pm,
          bonzo barzini says:

          I ain’t buying bitcoins until Bob, Matthew, Rob McEwen, Pierre Lassonde, Jim Sinclair, Doc, Al, and Cory load up. And probably not even then!

          • On November 19, 2017 at 5:04 pm,
            JohnK says:

            If I ‘d had the money and purchased Bitcoin everytime someone did a negative post about it,I would be running my own investment fund.
            Oh wait, I am running my own investment fund.
            How else do you go from fisherman to lead data analyst?

    • On November 19, 2017 at 7:53 am,
      Dick Tracy says:

      The brightest flowers of Obama prosperity, Bitcoin and collateralized mortgages. The American public and indeed any public can’t resist the appeal of a surging market. Get rich quick hasn’t that always been The American mantra. No matter what you say and how obscure the chances of making money on Bitcoin the public still buys. They must feel the pain and that is the other side of the human equation. How stupid can it be. DT

      • On November 19, 2017 at 7:56 am,
        JohnK says:

        D.T :
        I did some research and have come to the conclusion that the Americans did not got to the moon.
        Nor does jet fuel melt steel.
        Pretty hard to fool an ol truck driver/carpenter/unemployed commercial fisherman/Lead Data Analyst.

        • On November 19, 2017 at 8:13 am,
          JohnK says:

          “get” not got

        • On November 19, 2017 at 9:28 am,
          Big Al says:

          JohnK, sounds like you have lead a very interesting life!

          • On November 19, 2017 at 9:32 am,
            b says:

            I never thought about it Al, but maybe a “working” life would be interesting to an office person.
            I found it to be mostly blood and sweat.

          • On November 19, 2017 at 9:34 am,
            JohnK says:

            Big Al:
            Life is just starting to get interesting. I have started the journey into the writings of Ludwig Von Mises.
            So far I have read 86 pages and have had to learn 95 new words.

        • On November 19, 2017 at 10:05 am,
          spacenormal says:

          “space may be the final frontier but its made in a hollywood basement” RedHot Chili Peppers
          Another lie that will undermine the dollar. tic tock tic tock

        • On November 19, 2017 at 10:55 am,
          Robert Moriarty says:


          So oil truck drivers are hard to fool? Or is it carpenters that are hard to fool? or unemployed commercial fishermen? I know lead data analysts are suckers for a good con so it must be one or more of the others that are hard to fool. Educate me.

          With logic as subtle at your last sentence, I can see why you would fall for bitcon.

          You really need to read my book.

          • On November 19, 2017 at 11:14 am,
            JohnK says:

            I have purchased all your books and read them to.
            I have also loaded mk 82’s.
            I didn’t fall for anything here. What I did do is recognize the psychology that is driving the Crypto space.
            Try this one.
            The very existence of human reason is a nonrational fact.
            The question is not whether we are in a bubble with Bitcoin. The question has become, Do you have more balls than brains?

          • On November 19, 2017 at 11:50 am,
            JohnK says:

            Crude oil and Kerosene burn at about the same temperature.
            The 120-180 barrels of Crude I use to haul is about what a commercial jet holds.
            I’ve seen the aftermath of tankers burning to the ground.
            Crude oil fires don’t melt steel.

          • On November 19, 2017 at 12:32 pm,
            Robert Moriarty says:


            BFD. I’ve dropped more MK 82s than you have ever viewed, much less loaded.

            With 832 missions behind me, no-one has ever been stupid enough to ask about how much balls I have. You are a first.

          • On November 19, 2017 at 12:51 pm,
            JohnK says:

            I wasn’t talking about you,I was talking about me.
            At some point I have to take some profits.
            Were just not there yet.
            I know your story Bob, I’ve read your book. Before that I found your video on you tube.
            At one point I even considered finding out where you were at and have you sign my book. It’s unfortunate that it has to come to this.
            But it is what it is.

          • On November 19, 2017 at 12:55 pm,
            JohnK says:

            That would be my bad.
            Do “I” have more balls than brains?”

          • On November 19, 2017 at 1:07 pm,
            b says:

            I have no idea about Bitcoin, other than “the madness”, but Zimbabwe BC went to $13,000 american, Venezualan went thru the roof too.

            Seems when an economy crumbles BC goes parabolic, people are not jumping to PMs.

            Would/will they in the states? kids love techy sell phones and wouldnt take an once of gold for a coffee at a drive thru window.

            So people choosing PMs or BC in the west is at least debatable.

          • On November 19, 2017 at 2:10 pm,
            OOTB Jerry says:

            See zerohedge post below……………………

      • On November 19, 2017 at 9:29 am,
        Big Al says:

        Dick and Bob, I have to say that I share both of you thoughts. Bob, I too have no stake in Bitcoin.

    • On November 19, 2017 at 9:33 am,
      Big Al says:

      I admire you for stating your convictions on this issue so strongly.

      Ever read any of Paul Johnson’s books? Pretty interesting guy. A friend in our book club when we were discussing Jews at our last meeting suggested that I read this book so I started it yesterday. Will let you know what I think.

      • On November 19, 2017 at 4:27 pm,
        bonzo barzini says:

        Paul Johnson’s History of America is great, as is his book on Intellectuals. So is Human Action by von Mises.

  36. On November 19, 2017 at 9:29 am,
    b says:

    can you tell me how long it takes to buy a candy bar with bitcoin assuming the retailer accepts it? (is a smartphone required?)
    If a retailer accepts bitcoin does that mean he transacts in all cryptos?

    And whats a good wallet? I see free ones and some a person buys?

  37. On November 19, 2017 at 9:51 am,
    Matthew says:
  38. On November 19, 2017 at 9:58 am,
    Dick Tracy says:

    JohnK, Are you back living in Alaska, I can’t imagine what your life must be like. I like city life and all the creature comforts, Alaska must be beautiful but what comes to mind for me are Bears, bugs, guns, mining, fishing, drinking, and survival. I’m sure the Alaskan people are very friendly more like in a small community. I hope you enjoy your reading. DT

    • On November 19, 2017 at 10:34 am,
      JohnK says:

      I am no longer in Alaska,but I still have land and a nice house there.Two of my kids are in Alaska. Alaska is a been there done that for me.I gave up my rifle for golf clubs.
      The Alaska Bush is very unforgiving. Mother Nature has a way of weeding out the stupid.
      I’m lucky myself to still be here.

      • On November 19, 2017 at 11:00 am,
        Robert Moriarty says:


        Now that I cannot disagree with.

      • On November 19, 2017 at 11:07 am,
        Big Al says:

        JohnK, Alaska can be very unforgiving, but I have never like a place where I visited more than Alaska! REAL PEOPLE!

      • On November 19, 2017 at 4:37 pm,
        bonzo barzini says:

        The Texas Bush is dangerous too. I live a mile from Barbara and GHW Bush. When Bush crashed in the Pacific he got out quicker than Ted Kennedy at Chappaquidick and left 2 in the plane to drown. And he was in the CIA and can be seen in a photo standing in front of the TX school book depository bldg. when JFK was shot. And he voted for Hillary.

        • On November 19, 2017 at 6:02 pm,
          JohnK says:

          Careful there Bonzo:
          Nothing but happy thoughts here for the Bushes.

  39. On November 19, 2017 at 10:20 am,
    JohnK says:

    I’m going to start this off and tell you that I am just about as lost as you when it comes to transacting commerce in Bitcoin.
    It has been four years and two days since I bought into Bitcoin.I have never done anything with my Bitcoin. This is something that I’ve had to learn on the fly.
    Back when Bitcoin was $400.00,I didn’t give it much thought, now that the price is in the thousands I have to devote time to what will be my next move.
    Watching the Crypto space evolve, I see how I could be making real good money trading the cryptos. For example,Reggie Middleton and Veritaseum alt coin have doubled in the last two weeks.I am noticing patterns which are tradeable.
    I need to get up to speed.

    Back to your question and buying a candy bar with Bitcoin. Buying a candy bar with Bitcoin does not make sense right now as the fees are more than the cost of the candy bar.Bitcoin right now is more for the moving of substantial amounts of cash.

    Bitcoin right now is more of a “vehicle” to get into the other cryptos. You start with Bitcoin then send Bitcoin to purchase other cryptos.

    Putting it bluntly,it takes some serious devotion to get your arms around this.The best source of information is u-tube, in fact there is a video for almost anything you need to know.

    I’m not going to tell you the best way to do anything thing but I will tell you how I did it.
    I opened an account with Coinbase, than linked my bank account to that account.It did require a trip to the bank in person. Also I believe the Bank charged me something for sending the initial funds to Coinbase.
    Once the funds were posted on my account at Coinbase I purchased Bitcoin.

    The account at Coinbase does require you to have a cell phone,as they require you to have a double authenticator to access your Coinbase account.
    What this means is no one can access your Coinbase account without having your cellphone.

    Coinbase now has a Ethereum platform as well.
    Right now there are 1,301 other Cryptos other than Bitcoin. One of these will be your ticket to that candy bar.
    One of these also could also be your ticket to gains you never thought were obtainable.
    This is the “Wild West” Get on your horse “Cowboy”

  40. On November 19, 2017 at 11:23 am,
    Excelsior says:

    A very impressive lineup of companies at the Cambridge House show the next 2 days:


  41. On November 19, 2017 at 11:26 am,
    Excelsior says:

    November 17: Gold and Silver Gain Over 1% and 2% on the Week

    Chris Mullen | Friday, November 17th


  42. On November 19, 2017 at 12:42 pm,
    OOTB Jerry says:
    • On November 19, 2017 at 12:43 pm,
      OOTB Jerry says:

      With Bitcoin trading at $13,499 on Golix, the chaotic environment in Zimbabwe has spread to the global price of the cryptocurrency driving it beyond $8000 for the first time in history as President Mugabe fails to resign in a national address following the nation’s coup

      • On November 19, 2017 at 12:44 pm,
        OOTB Jerry says:

        Bix Weir did say Bitcoin would be over $10,000 by year end…….. 🙂

        • On November 19, 2017 at 1:19 pm,
          b says:

          Doesnt Bix figure gold is pointless too?
          And that other guy, Sinclairs buddy, sold all his silver.

          Sounds like a GREAT time to buy.

          Taylor has a pretty reasonable sounding interview, Jerry Robinson, says simply own all three.

          Ive actually wanted BC for some time, but I dont own a smart phone, when I retired I had a party destroying my cell, I hate the things. Well, really dislike.
          Ill be toast when we go cashless. lol

          • On November 19, 2017 at 1:33 pm,
            OOTB Jerry says:

            b…..Bix says he still likes silver, but, did advocate selling some silver to by bitcoin, and then buy silver back later after bitcoin runs up some more.. Bix did say also, that he sold some bitcoin , when it was at $7k, just to drag some off the table.

  43. On November 19, 2017 at 1:11 pm,
    JohnK says:

    I thing that I find really absurd are those who continually point out that Bitcoin is in a bubble.
    Take a look around you and tell me what isn’t in a bubble?
    When you find something that isn’t in a bubble, you can be sure someone from the Government it right there making sure of it.
    This is a confidence game,this has nothing to do with logic.
    People are waking up to the lies that have been perpetrated on them by their own Governments.
    The Satanic Pedophile Child abusers are being exposed.

    • On November 19, 2017 at 1:40 pm,
      OOTB Jerry says:

      John, ….I think bitcoin has some more room to run……..jmo
      I think there is more to cryptos than a beanie baby mentality ….
      In 1970, who ever thought we would be using computers daily.
      In 1976, who ever thought every tom, dick and harry would have a cell phone.
      In 1999 , who ever thought Amazon would be as big as they are……..
      This bitcoin stuff is crazy, but, so were the other above mentioned products….at the time.

      • On November 19, 2017 at 1:46 pm,
        OOTB Jerry says:

        Cliff High says….. the chart for bitcoin will look like alligator teeth , going forward….

        • On November 19, 2017 at 1:52 pm,
          JohnK says:

          Something is going on with the consciousness with the people on the planet.
          With the election of President Trump,people have found the courage to question the spurious.
          Dennis Gartman hit a new low calling us miscreants and millenials.

          • On November 19, 2017 at 1:55 pm,
            OOTB Jerry says:

            John, I would have to agree with you……..
            The rot has come to the surface for all to see……

          • On November 19, 2017 at 2:04 pm,
            OOTB Jerry says:

            Eph. 5……..8For ye were sometimes darkness, but now are ye light in the Lord: walk as children of light: 9(For the fruit of the Spirit is in all goodness and righteousness and truth;) 10Proving what is acceptable unto the Lord. 11And have no fellowship with the unfruitful works of darkness, but rather reprove them. 12For it is a shame even to speak of those things which are done of them in secret. 13But all things that are reproved are made manifest by the light: for whatsoever doth make manifest is light.

        • On November 19, 2017 at 1:56 pm,
          JohnK says:

          Cliff did a two hour video explaining artificial intelligence. Another real eye opener.
          How little we really know about artificial intelligence and why thy accounts for the fear associated with it.

          • On November 19, 2017 at 1:58 pm,
            JohnK says:

            that accounts.
            What the hec was I doing in typing class?

          • On November 19, 2017 at 2:08 pm,
            OOTB Jerry says:

            The experiment that he was talking about earlier this year, was being done in Seattle…I think……..

  44. On November 19, 2017 at 1:19 pm,
    JohnK says:

    And as long as I’m here,let me ask you when was the last time you heard someone telling you about the evil of Israel mention the marrying of nine year old girls in the name of Allah.

    • On November 19, 2017 at 1:37 pm,
      JohnK says:

      Why do you think Putin wouldn’t allow the adoption of Russian Children to the U.S?

  45. On November 19, 2017 at 1:41 pm,
    JohnK says:

    On November 19, 2017 at 12:51 pm,
    JohnK says:
    I wasn’t talking about you,I was talking about me.
    At some point I have to take some profits.
    Were just not there yet.
    I know your story Bob, I’ve read your book. Before that I found your video on you tube.
    At one point I even considered finding out where you were at and have you sign my book. It’s unfortunate that it has to come to this.
    But it is what it is.
    On November 19, 2017 at 12:55 pm,
    JohnK says:
    That would be my bad.
    Do “I” have more balls than brains?”

  46. On November 19, 2017 at 2:46 pm,
    JohnK says:

    The week in Crypto
    11/10 11/19
    Bitcoin 6621.05 7980.30 +1359.25
    Ethereum 299.41 355.63 +56.22
    Bitcoin Cash 972.19 1193.63 +221.44
    Ripple .206 .231 +.025
    Litecoin 59.69 71.21 +11.52

    11/13 11/19
    CryptoCurrencies 1277 1301 +24
    Markets 6544 6746 +202
    Mkt Cap 214,294,840,146 236,809,100,565 +22,514,260,419
    BTC Dominance 53.9 56.1 +2.2

  47. On November 19, 2017 at 6:08 pm,
    Excelsior says:

    100 cryptocurrencies described in four words or less

    Nate Murray,TechCrunch 8 hours ago


    • On November 19, 2017 at 6:10 pm,
      Excelsior says:

      It seems like some of these are not crypto currencies but rather block chain applications. There is a difference, regardless of what the main stream media does by grouping them all together.

      • On November 19, 2017 at 6:26 pm,
        JohnK says:

        There are 1300 Crypto Currencies alone. Some have even come up with a new innovation that is similar but different to the Blockchain.
        Add in the “Pure” Blockchain companies and you have your work cut out for you.
        Myself only owning Bitcoin and a couple of Blockchain companies I would have to be con-
        sidered indolent at this point.
        Who in the mainstream media is going to be able to expatiate intelligent info. They still want us to believe NASA went to the moon.

  48. On November 19, 2017 at 6:47 pm,
    JohnK says:

    To put things in perspective here:
    If a ten bagger is one that doubles ten times,Bitcoin at $12,600 is still only a 5 bagger for me.
    To be a true ten bagger for me,Bitcoin will have to reach $409,600 dollars.

    • On November 19, 2017 at 8:31 pm,
      Matthew says:

      A ten bagger is when your invested dollar becomes ten dollars. What you described is a 1,000 bagger (if you double one dollar ten times it becomes $1,024).

      • On November 20, 2017 at 5:37 am,
        JohnK says:

        Thanks Mathew. No wonder it was so hard for me to get ten baggers.

    • On November 20, 2017 at 6:15 am,
      Robert Moriarty says:


      You need to go back and reread the chapter on when to sell. If you aren’t willing to sell at a profit, the only other alternative is to sell at a loss.

      • On November 20, 2017 at 6:32 am,
        Wolfster says:

        Yes one needs to know when to sell but let’s get real real here. When is a bubble really going to burst???….the dotcom era proved a bubble can last slot longer than anyone realizes….especially when a viable technology exists. The real companies(just like Amazon etal from dotcom era) will survive and thrive

        • On November 20, 2017 at 6:33 am,
          Wolfster says:

          A lot not slot

        • On November 20, 2017 at 12:02 pm,
          Robert Moriarty says:

          Better a month early to sell than a day late. The feedback that I got from many of my readers who read the book was that the single thing they messed up the most was not selling when they had a profit.

          Sell early and miss the crowd.

  49. On November 19, 2017 at 9:31 pm,
    GH says: