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
Year in review for Precious Metals Mining Stocks:
Year in review for most Battery Metals investors (Lithium, Cobalt, Copper, Nickel)
Year in review for most Crypto and Blockchain investors:
https://pearlsofprofundity.files.wordpress.com/2013/05/elation-1.jpg?w=768&h=431
Dad, How come there are no stars on the moon? Don’t worry about it son moms baking cookies.
NASA year in review. Where did the 21 Trillion go?
https://upload.wikimedia.org/wikipedia/commons/8/8b/5927_NASA.jpg
$21 Trillion is a figment of everyone’s imagination………not but debt from the govt., the ledger is just circles and ones.
The 1%er got the cash….and everyone else is screwed
Time for a BIG DEBT JUBILEE……………….read simple.
read to real
The Marxists said that people would not even realize when they went from a Capitalist State to a Socialist State.– Ludwig Von Mises.–
no real need to be concerned for 21 trillion.
The neo cons are getting closer every day to nuclear war, that should solve all our existing issues.
Besides, they can always print more.
Problem with Mises………he talks around, and over most 8th. graders……The High and the might fall by the wayside……..Paul preached on Mars Hill, and those morons did not get it,
b…….the boogie man is not coming………
How to survive nuclear strike: Chinese media advises locals on N. Korea border
Published time: 6 Dec, 2017 13:12
Edited time: 6 Dec, 2017 13:35
RT
Well, the boogie man might be coming………….. 🙂
Is he still doing that “hands up, don’t shoot” thing?
Year in review for all those Dollar Bulls that were sure 110-120 was in the cards:
http://www.troll.me/images/surprised-monkey/surprised-monkey.jpg
Year in review for the Zinc miners:
http://www.fatmovieguy.com/wp-content/uploads/2013/06/Very-good-but-not-super.jpg
Year in review for investors in Pot Stocks:
Year in review for Uranium Miners & spot price recovery:
http://s2.quickmeme.com/img/33/33f31b2580605026058912bc644373bfab206107ddc0985f3ea72ab0a5ee79aa.jpg
Year in review for Palladium investors:
Week in review for CryptoKitties investors:
The Next CryptoKitties? The Blockchain Might Not Be Ready
Brady Dale – Dec 6, 2017
“If CryptoKitties didn’t come up in every single session at Token Summit II, it came close enough.”
“But the insanely viral trading game running on ethereum was most often cited, not as a success, but as an example of industry challenges. As put forward by developers and entrepreneurs, the world’s second-largest blockchain just isn’t ready to handle the buying, trading and mating of the crypto felines en masse.”
https://www.coindesk.com/token-summit-scaling-cryptokitties/
Platnium………….stinks…………..silver stinks…………. 🙂
where is spanky………..
spanky went to sleep until Silver breaks $18. We agreed to wake him up at that time.
_____________________________________________________________________
On October 10, 2017 at 1:08 pm,
spanky says:
“Wake me when silver cracks $18 (that’s USD not pesos). I think it is going to be a very long nap, might even turn into a dirt nap for me by the time it sees $18 again.”
spanky had a good idea…… 🙂
Year in review for generalist investors in the main stock indices:
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.
(ARY) (ANLDF) Anfield Resources to evaluate the addition of a Vanadium Milling circuit at its Shootaring Canyon Mill
05 Dec 2017
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. 🙂
Kenya to Set Up Nuclear Power Plant in 2024
Dec. 06, 2017,
“By 2027, we will be able to have our first nuclear power plant with construction expected to start in 2024,” KNEB technical officer Edwin Chesire said.”
https://www.the-star.co.ke/news/2017/12/06/kenya-to-set-up-nuclear-power-plant-in-2024_c1680470
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.
(R) (RDEMF) Red Eagle Mining Drills 7.0 Metres of 11.57 g/t Gold at San Ramon Mine
(MLN) (MLNGF) Marlin Gold Drills 7.2 Metres of 4.65 g/t Gold at La Trinidad Mine
(TK) (TKRFF) Tinka doubles zinc and tin resources at Ayawilca
“Tinka Resources has doubled the resource at its 100% owned Ayawilca polymetallic sulphide project, located 200 km northeast of Lima in Peru’s Department of Pasco. The four zinc zones and one tin zone are located on the larger…”
Canada Zinc Metals Announces Akie Underground Exploration Permit Extension
Wednesday, December 6, 2017
“Canada Zinc Metals Corp. (CZX) (CZXMF) is pleased to announce that the Company has received a 3-year extension to its Akie Underground Exploration Permit to December 31, 2020.”
http://www.canadazincmetals.com/news/2017/index.php?content_id=271
Guess the stage is beginning to be set for 666. Call me chicken, but I’ll opt to rapture out.
rapture out……ditto
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
We said that the other day…………I think……..
silver stealers.net………
Yeppers.
I think I will buy more @ $4.
retest of overnight…..at $14……..will be it……wash is on the way…….
Yep the Silver wash is taking sentiment over the edge here mid December, as anticipated….. Let’s get it over with….
$4 would be a good place to accumulate more physical Silver.
I’d prefer to see Copper at $4 than Silver there though….
$4 silver will never happen……….the Chinese will have all the silver at that price
+4
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.
if, it gets to $4, it will like pennies on the street, no one will stoop over and pick it up..
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
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.
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.
drop outs……
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.
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.
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….
grown…..ground……
If, you have ever had inter city real estate, or been involved in retail…..you know of which I speak……
I’ll call my broker and buy more PSLV if silver goes to $4
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=
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).”
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
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.
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?
Going to be a lot more going to the woodshed…….jmo
You’re probably right OOTB.
Hope I am wrong………..I say enough is enough………..the CLAW
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.
It is indeed a shame…..
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
As Copper Hits 2-Month Low, Expert Warns that More Pain ls Ahead
Dec 05, 2017 – John LaForge
@Goldfinger – “Grandes problemas in $copper ~”
Hackers are happy today………
Ball and chain next………..
these exchanges seem to be getting like banks and brokers.
Where is the dif?
This seems to happen on a pretty regular basis.
must be easy pickings……
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….
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
“the conventional market is hubba bubba…” – DT
Hubba Bubba Commercial – 1979
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
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/
2017 year in review for the Precious Metals:
https://i.ytimg.com/vi/0VP66-uyBtc/maxresdefault.jpg