Exclusive KE Report Commentary – Wed 6 Dec, 2017

An Income Investor’s Recap Of This Year And Look Ahead

Sam McElroy, Co-Founder of @financial and @financial Investments shares the concerns that his clients when looking ahead to 2018. We discuss the ongoing tax reform issue and the lack or clarity for investors. We also look at the internal rotation in the markets and how the impacts investor’s outlooks.

Click download link to listen on this device: Download Show


Comments:
  1. On December 6, 2017 at 9:42 am,
    Excelsior says:

    2017 year in review for the Precious Metals:

    https://i.ytimg.com/vi/0VP66-uyBtc/maxresdefault.jpg

    • On December 8, 2017 at 8:25 am,
      GH says:

      Behind all the posturing, surely virtually every congress person is in the MIICC’s pocket, and this charade of Russia-Gate serves their interest, both in promoting Cold War 2.0 and in providing a circus to distract from their treachery and crimes.

  2. On December 6, 2017 at 9:53 am,
    Excelsior says:

    (ARY) (ANLDF) Anfield Resources to evaluate the addition of a Vanadium Milling circuit at its Shootaring Canyon Mill

    05 Dec 2017

    http://anfieldresources.com/anfield-resources-to-evaluate-the-addition-of-a-vanadium-milling-circuit-at-its-shootaring-canyon-mill/

    • On December 6, 2017 at 10:14 am,
      Excelsior says:

      While lower cost Uranium mining (from the conventional Mills and assets they picked up from Uranium One) and the potential for ISR mining on their 24 deposits, will be the main driver for Anfield… it is interesting that they are now considering the #Vanadium as well. With all the attention that Vanadium batteries have received lately in the #EnergyStorage sector, it may be one of the few areas that could disrupt the Lithium Ion batters.

      Anfield has a nice energy combo… charge the batteries on #Nuclear power and then run the stuff on #Vandium batteries…. The full circuit. 🙂

  3. On December 6, 2017 at 10:18 am,
    Paul L says:

    Sold my URA yesterday at 15.77 a bit late. Buying back some today. Good time to buy xop now in the 34 area as oil has corrected about $3 as it has being doing lately.

  4. On December 6, 2017 at 10:26 am,
    Excelsior says:
  5. On December 6, 2017 at 10:41 am,
    Buzz says:

    Guess the stage is beginning to be set for 666. Call me chicken, but I’ll opt to rapture out.

  6. On December 6, 2017 at 10:51 am,
    Excelsior says:

    Silver Prices Have Further Room To Fall – Analysts

    Neils Christensen – Wednesday December 06, 2017

    “Silver prices have fallen through the key psychological level of $16 an ounce as the market remains near a five-month low. March silver futures last traded at $15.97 an ounce, down 0.61% on the day.”

    “Ole Hansen, head of commodity strategy at Saxo Bank, said that investors should prepare for further losses in the silver market as the metal has struggled to gain significant investor attention in 2017.

    “The push through a key retracement level at $16.30 does not bode well for silver’s immediate future,” he said. “I think we need to get to a level that puts the metal back on investors’ radar and that price is lower.”

    http://www.kitco.com/news/2017-12-06/Silver-Prices-Have-Further-Room-To-Fall-Analysts.html

  7. On December 6, 2017 at 10:59 am,
    b says:

    I think I will buy more @ $4.

    • On December 6, 2017 at 11:05 am,
      OOTB Jerry says:

      retest of overnight…..at $14……..will be it……wash is on the way…….

    • On December 6, 2017 at 11:07 am,
      Excelsior says:

      $4 would be a good place to accumulate more physical Silver.

      I’d prefer to see Copper at $4 than Silver there though….

      • On December 6, 2017 at 11:11 am,
        OOTB Jerry says:

        $4 silver will never happen……….the Chinese will have all the silver at that price

      • On December 6, 2017 at 11:16 am,
        b says:

        Thing is I have all the silver I want.
        for me to get interested enough to actually buy more would take a price I couldnt say no to.

        Besides, buy more @ $4 rhymes.

        • On December 6, 2017 at 11:26 am,
          OOTB Jerry says:

          if, it gets to $4, it will like pennies on the street, no one will stoop over and pick it up..

          • On December 6, 2017 at 11:29 am,
            Excelsior says:

            OOTB – nobody wants Silver now at $16, so yeah at $4 silver it would be too heavy to even bend over and pick it up…. 😉

            ____________________________________________________

            People Choose Free Candy Bar over Free 10 oz Silver Bar (Worth $150) in Experiment

            https://www.youtube.com/watch?v=bYhTFz_SGw0

          • On December 6, 2017 at 11:56 am,
            b says:

            Those Mark Dice vids show us what people actually think of PMs.

            Puerto Rico…cigarettes..#1
            PMs, way down the list and when you can get something for it..it is nowhere near spot.

            Society has to be running well for PMs to have value, the shtf scenario is bulloney.

            We all know people choose their currency, and right now it looks like the young people are choosing cryptos.
            I cant see PMs being currency, people dont seem to want it.

          • On December 6, 2017 at 12:00 pm,
            OOTB Jerry says:

            Always….liked those Mark Dice vids…………..show all the eighth grade mentality that our great Board of education has delivered …..
            There are now 17,000 drop out per day, according to PBS, just heard that yesterday.

          • On December 6, 2017 at 12:01 pm,
            OOTB Jerry says:

            drop outs……

          • On December 6, 2017 at 12:16 pm,
            b says:

            17k a day drop out?
            thats a big #, maybe they know something.

            soon the only thing anyone will need to know is how to use their smart phones.
            heck, talk of chipping people to connect them to the net has started.

            If the species survives the next few years, it is gonna be unimaginable to anyone alive today, including Musk and Hawkings.

          • On December 6, 2017 at 12:25 pm,
            OOTB Jerry says:

            That is correct……….17,000 per Day……everyday……..the comment was that , “if you stacked all the decks, one on top of another , it would be as high as 5 Empire State buildings.” (approx. quote)……I mentioned it to my son, and repeated it, so , I know I am close to being correct on the statement.

          • On December 6, 2017 at 12:29 pm,
            OOTB Jerry says:

            The inter cities of the USA , are a mess……big cities with Democrats running the give away programs in the grown……All the welfare moms, have snap, phones, and free rent, what else do they need…If , they need anything else, they just go to the Malls, and steal it.
            Like the Ball boys did in china….

          • On December 6, 2017 at 12:29 pm,
            OOTB Jerry says:

            grown…..ground……

          • On December 6, 2017 at 12:32 pm,
            OOTB Jerry says:

            If, you have ever had inter city real estate, or been involved in retail…..you know of which I speak……

          • On December 6, 2017 at 1:04 pm,
            bonzo barzini says:

            I’ll call my broker and buy more PSLV if silver goes to $4

  8. On December 6, 2017 at 11:43 am,
    Excelsior says:

    Cobalt Ideas and Battery Metals

    The Next Big Rush & Fi Fighter & Mining Book Guy – Dec 4, 2017

    https://www.youtube.com/watch?v=AK2tpJXHtBg&feature=youtu.be&a=

    • On December 6, 2017 at 11:49 am,
      Excelsior says:

      The Northern Miner podcast – episode 83: A Nickel for your electric car ft. Hard-Line

      Matthew Keevil – December 5, 2017 – #AudioInterview

      “We circle back on our coverage of London Metals Exchange (LME) Week to explore a presentation from Dr. Guy Wolf, global head of market analytics at commodity broker Marex Spectron (6:50). We discuss the importance of narratives and sentiment vis-à-vis bull and bear markets. Dr. Wolf outlines his opinion on quantitative nickel trades and sheds some light on the fundamental impact of the electric-vehicle markets.”

      “Matt reflects on copper, zinc and nickel markets heading into the new year (14:05).”

      http://www.northernminer.com/news/northern-miner-podcast-episode-83-nickel-electric-car-ft-hard-line/1003791995/

  9. On December 6, 2017 at 11:55 am,
    Excelsior says:

    Scorpio Gold has been taken out to the woodshed and beaten to death….
    Down another 16% today on double the average volume. Pretty ugly….

    This wasn’t a good sign either:

    (SGN) (SRCRF) Scorpio Gold Announces Resignation of Director
    GlobeNewswire • December 1, 2017

    https://finance.yahoo.com/news/scorpio-gold-announces-resignation-director-213000875.html

    • On December 6, 2017 at 12:06 pm,
      Excelsior says:

      I was considering averaging down in my position here at year end, but I’m starting to become concerned on whether SGN can dig it’s way out of the hole it is in at this point. It is not good to see directors resigning…. usually means a shakeup is coming.

      • On December 6, 2017 at 12:28 pm,
        Excelsior says:

        I sincerely believed that they may have turned the corner with the toll milling arrangements this year at Gold Wedge mill, and the new Feasibility study on the old heap leach assets to process at Mineral Ridge mill. Those will be 2 new revenue centers if the company can survive.

        Over the last 2 weeks though, I’m starting to wonder if that ship has already sailed…..

        The huge volume of shares dumped by the institutional investors over the last month hasn’t helped their cause. They are also still waiting on permits to commence with exploration and mining activities at a few key targets, and it is odd how long things are taking since Nevada is usually pretty fast on permits.

        It is such a shame as they have real exploration potential in many of the smaller deposits surrounding their 2 mills, but it appears the markets have pulled he stopper out from the bottom of the bathtub and longer term holders are getting washed out here.

        Does anyone believe that they may have a chance for a #turnaround here, or is the jig up?

    • On December 6, 2017 at 12:08 pm,
      OOTB Jerry says:

      Going to be a lot more going to the woodshed…….jmo

      • On December 6, 2017 at 12:26 pm,
        Excelsior says:

        You’re probably right OOTB.

        • On December 6, 2017 at 12:34 pm,
          OOTB Jerry says:

          Hope I am wrong………..I say enough is enough………..the CLAW

        • On December 6, 2017 at 12:35 pm,
          Excelsior says:

          I don’t mind when they are exploration companies with moose pasture, but in this case Scorpio has 2 operating mills, all the infrastructure and workers in place, and the exploration work around them showed some real potential. Unfortunately they have just run this company into the ground and lost the confidence of their institutional holders.

          We’ve seen this film before, but it is always a shame when it happens.

          • On December 6, 2017 at 12:57 pm,
            OOTB Jerry says:

            It is indeed a shame…..

  10. On December 6, 2017 at 12:45 pm,
    Excelsior says:

    Here is a Copper chart from a contributor over at ceo.ca. It compliments nicely the one’s Matthew posted yesterday, showing where all the resistance smacked it back down:

    @Ty – “$COPPER update”

    http://cdn.ceo.ca/1d2ffp9-Screen%20Shot%202017-12-06%20at%2010.57.24.png

    • On December 6, 2017 at 1:02 pm,
      OOTB Jerry says:

      Hackers are happy today………

    • On December 6, 2017 at 1:44 pm,
      b says:

      these exchanges seem to be getting like banks and brokers.

      Where is the dif?
      This seems to happen on a pretty regular basis.

      • On December 6, 2017 at 1:52 pm,
        OOTB Jerry says:

        must be easy pickings……

        • On December 6, 2017 at 4:45 pm,
          Excelsior says:

          The exchanges keep getting hacked and bitcoins are stolen, and they just put out an article recently about the top 30 crypto hacks, and most of them were on the exchange level, and some the altcoins were the issue. However, this doesn’t seem to have spooked any investors and it simply charges higher and higher each day….

          • On December 6, 2017 at 6:13 pm,
            Dick Tracy says:

            Like they say this is the bubble of everything, Toronto Real Estate is a bubble waiting for a pin to happen, Bitcoin is double bubble and the conventional market is hubba bubba.

            Worst of all we live in a world that is beyond our control, most people can’t make a simple meal anymore or balance a checkbook. How will we fare when the microwave towers turn out our cell phones. We will then go from distracted thinking to no thinking. DT

          • On December 7, 2017 at 3:56 am,
            Excelsior says:

            “the conventional market is hubba bubba…” – DT

            Hubba Bubba Commercial – 1979

            https://www.youtube.com/watch?v=nE1re4uNpN0

    • On December 7, 2017 at 4:00 am,
      Excelsior says:

      Here’s an update – It was $64 million bitcoins that were hacked…… (chump change)
      _____________________________________________________________________________

      Digital currency exchange NiceHash says Bitcoin worth nearly $64 million hacked

      Reuters – 8 hours ago

      https://www.yahoo.com/finance/news/digital-currency-exchange-nicehash-says-bitcoin-worth-nearly-032012693–finance.html

  11. On December 6, 2017 at 6:10 pm,
    Excelsior says:

    Mexican Lawmakers Advance Bill to Regulate Bitcoin, Fintech Firms
    Stan Higgins – Dec 6, 2017

    https://www.coindesk.com/mexican-lawmakers-advance-bill-regulate-bitcoin-fintech-firms/

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