Mike Larson - Safe Money Report – Thu 8 Nov, 2018

Market Internals Continue To Tell Us A Worrisome Story

Mike Larson, Editor of the Safe Money Report shares his thoughts on the US markets and how money has been shifting to safer investments. The election results are not going to change this trend which is why Mike thinks we could be in this topping pattern for a while. We also discuss the strategy for how to manage your portfolio moving into next year.

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  1. On November 8, 2018 at 6:31 am,
    OOTB Jerry says:
    • On November 8, 2018 at 6:32 am,
      OOTB Jerry says:

      Well, that escalated quickly.

      • On November 8, 2018 at 6:32 am,
        OOTB Jerry says:

        leftist organizations had already put together protests in 900 U.S. cities

        • On November 8, 2018 at 7:30 am,
          Ebolan says:

          That damned Soros…

          • On November 8, 2018 at 7:39 am,
            OOTB Jerry says:

            Going to be a lot of sick people running around without a clue………
            Good thing, …..Trump will not be intimidated by a bunch of idiots……..JMO

          • On November 8, 2018 at 7:42 am,
            OOTB Jerry says:
          • On November 8, 2018 at 7:47 am,
            OOTB Jerry says:

            Pelosi, and the gang……..are not going to get along…….
            The country is in for a lot more HELL………..JMO

          • On November 8, 2018 at 7:49 am,
            OOTB Jerry says:

            Their minds are warped ……..as the comment from Nadler clearly shows…….
            The incoming Democratic Judiciary Committee chair will be busy: in addition to taking on the Republicans on gun legislation, Nadler will also be the man in charge of any investigation into Kavanaugh.

            According to the Federalist, [Nadler and a friend] discussed two routes for investigating new Supreme Court Justice Kavanaugh. The first is to go after the FBI for how they handled the investigation into unsubstantiated claims he sexually assaulted women. “They didn’t even do a half-ass job,” he said. “They didn’t interview 30 witnesses who said ‘Interview me! I’ve got a lot to say!’” he said, while mimicking people waving their hands to be called on.

          • On November 8, 2018 at 7:51 am,
            OOTB Jerry says:

            THe “Half ass job.”…….started with Comey ………investigation of Hilly………LOL

          • On November 8, 2018 at 7:52 am,
            Ebolan says:

            I tell you Jerry, the sheeple are clueless.

            What amazes me is that every election they vote to raise their taxes at the state and local level.

            All these sales tax increases and bond measures passing. Total insanity.

            And the idiots are too stupid to realize most of the money will go for gooberment employee raises and pensions. The lying politicians tell them it will go for “essential services.” Those sheeple are going to get serviced good and hard!

          • On November 8, 2018 at 9:04 am,
            OOTB Jerry says:

            EBO……….Clueless is correct…….
            Next 30 yrs…..inflation will be 100% more, guarantee it…….
            Taxes are going up on ALL REAL ESTATE…..one of the last places, for the local govt, to get their welfare(pension)…Just as in the days of Rome,
            The sheep never learn.

          • On November 8, 2018 at 1:17 pm,
            Wayne says:

            It’s not about intelligence, it’s about obeying God. All blessings come from God, especially the blessing of liberty. A disobedient people can never be free and an obedient people can never be enslaved. That is the big picture message of the bible. God rules the heavens and the earth through Jesus Christ. If we want liberty, we need to acknowledge that Christ is the ruler of the kings of the earth (see Revelation 1). When we humble ourselves and acknowledge His authority in all matters, He will set us free, even if we are surrounded by giants like the Deep State, mad billionaires in the Soros mold, wicked central banks, etc.

          • On November 8, 2018 at 1:38 pm,
            OOTB Jerry says:

            I think that is a good summary………..Wayne…….

          • On November 9, 2018 at 3:41 am,
            GH says:

            Wayne, I’m curious how that works.

            Say an individual humbles himself and follows God, but the large majority don’t. Will he not still be a tax slave, with his children subjected to indoctrination in government schools?

            I sometimes wonder if the Christian religion doesn’t serve to keep the slaves in their place. Maybe we need to go Viking on the Swamp.

            I say all that while to some degree understanding and respecting that a *society* that does all you say would be very well off indeed.

          • On November 9, 2018 at 6:01 am,
            OOTB Jerry says:

            Here is a part answer……….
            Philippians 3:20-21 New King James Version (NKJV)
            20 For our citizenship is in heaven, from which we also eagerly wait for the Savior, the Lord Jesus Christ, 21 who will transform our lowly body that it may be conformed to His glorious body, according to the working by which He is able even to subdue all things to Himself.

          • On November 9, 2018 at 6:04 am,
            OOTB Jerry says:

            Philippians 3 King James Version (KJV)
            15 Let us therefore, as many as be perfect, be thus minded: and if in any thing ye be otherwise minded, God shall reveal even this unto you.

            16 Nevertheless, whereto we have already attained, let us walk by the same rule, let us mind the same thing.

            17 Brethren, be followers together of me, and mark them which walk so as ye have us for an ensample.

            18 (For many walk, of whom I have told you often, and now tell you even weeping, that they are the enemies of the cross of Christ:

            19 Whose end is destruction, whose God is their belly, and whose glory is in their shame, who mind earthly things.)

          • On November 9, 2018 at 8:55 am,
            b says:

            I’m guessing people have seen something about the cuneiform tablets.

            I just watched/listened to an interview that explained that religion and money serve the same purpose, to control the people.

            Naturally I lost where I ran across it.

            Was a pretty neat story tho, I guess from the Sumarians thru the Egyptians,Greeks, and Romans to today we have had a god in heaven(not on earth) and a representation on earth.

            Anu/Imlil, Aman Ra/Set, Kronos/Zeus ,Saturn/Jupiter, God/Jesus

            They were saying the reason we have an affinity to gold is the anunnaki (the people that created the nefarium) wanted the gold.

            Kinda funny the storys of angels and giants, among others in our bible is the same as those tablets.

            Just kinda makes me wonder if there is not sumtin to those tablets.

          • On November 9, 2018 at 10:46 am,
            GH says:

            I guess I still don’t understand Jerry.

            Maybe it’s the archaic language, I’ve always had a hard time with that.

            But it pretty much sounds like prescribing submission to slavery in this world, while counting on one’s reward in the next.

            So my doubt about the intent and/or value of Christianity remains.

          • On November 9, 2018 at 10:48 am,
            OOTB Jerry says:

            Here is something to ponder…….when thinking that a tablet has info. that excites the reader………FIRST FAKE NEWS>>>>>>>> 🙂
            By 1904, during the early period of cuneiform tablet collecting, J. Edgar Banks, a Mesopotamian explorer and tablet dealer, estimated that nearly 80% of tablets offered for sale in Baghdad were fakes.

          • On November 9, 2018 at 11:08 am,
            OOTB Jerry says:

            Biblical terms……….stay out of bondage …..the borrower is servant to the lender….
            or Proverbs 22:7 King James Version (KJV)
            7 The rich ruleth over the poor, and the borrower is servant to the lender

          • On November 9, 2018 at 11:09 am,
            OOTB Jerry says:

            Usury……..the bankers friend……..Central Banks have caused the problems……DEBT SLAVERY

          • On November 9, 2018 at 11:24 am,
            OOTB Jerry says:

            a tax slave, with his children subjected to indoctrination in government schools?
            HOME SCHOOL………..get an education in the constitution and central banking and the rule of 72……

          • On November 9, 2018 at 11:24 am,
            OOTB Jerry says:

            Study the TAX LAWS….

          • On November 9, 2018 at 12:17 pm,
            OOTB Jerry says:

            When we believe, that we will not be on this earth forever, ………everyone dies,,,,
            and we have been told, and believe,……that Jesus died for us and every sinner……
            then……this earth is temporary …….and heaven is ever lasting ….
            Then as Wayne said…….”He will set us free”,……from this worlds problems, and worries, of this world….Romans 8:18-23 King James Version (KJV)
            18 For I reckon that the sufferings of this present time are not worthy to be compared with the glory which shall be revealed in us.

          • On November 9, 2018 at 12:47 pm,
            b says:

            Thats a good article Jerry, I guess you noticed it is saying the authenticity can be determined.

            There is fake everything,paintings,currency..why not cuneiform tabs?

          • On November 9, 2018 at 1:52 pm,
            GH says:

            Okay, that’s a pretty good answer. Thanks 🙂

          • On November 9, 2018 at 2:03 pm,
            OOTB Jerry says:

            b…….one more note……
            Research into this dark corner of antiquities is still growing, but analyses of fake cuneiform tablets are nearly non-existent.

          • On November 9, 2018 at 2:04 pm,
            OOTB Jerry says:

            GH…….you are welcome…..

          • On November 9, 2018 at 2:16 pm,
            OOTB Jerry says:

            b……..thanks for mentioning the tablets to begin with…….

          • On November 9, 2018 at 2:33 pm,
            b says:

            Jerry, doesnt the article explain how to recognize fake from authentic?

            The existence of the tabs and their stories do not negate the existence of a …universal consciousness?
            As a matter of fact if the history of the “gods” is followed they support the idea of a “oneness”? Not sure what to call it.

            Thats actually sumtin I dislike about the god of abraham religions, they keep focusing on their “one” god….they miss alot because of that.
            no offence, jmo, i figure if they understood, “nothing in excess” they would look about a little.
            So many of the stories from dif time periods and cultures are the same.
            Gotta be a reason.

            Also, those tabs only go back so far, we have evidence of cultures,societies long before Sumaria.

          • On November 9, 2018 at 2:44 pm,
            OOTB Jerry says:

            The existence of the tabs and their stories do not negate the existence of a …universal consciousness?
            Tower of Babel…….comes to mine……

          • On November 9, 2018 at 2:45 pm,
            OOTB Jerry says:

            mine to mind……..

          • On November 9, 2018 at 2:46 pm,
            OOTB Jerry says:

            Just the idea……..the experts….have been taken by the fakes, …..we need to go back and reevaluate the statements of the so called experts……..

          • On November 9, 2018 at 2:57 pm,
            OOTB Jerry says:

            You will know in part
            9 For we know in part, and we prophesy in part. 1 Corinthians 13

          • On November 9, 2018 at 3:06 pm,
            OOTB Jerry says:

            always a pleasure, …topic of discussion, which are relative today………
            Romans 11:30-36 King James Version (KJV)
            30 For as ye in times past have not believed God, yet have now obtained mercy through their unbelief:

            31 Even so have these also now not believed, that through your mercy they also may obtain mercy.

            32 For God hath concluded them all in unbelief, that he might have mercy upon all.

            33 O the depth of the riches both of the wisdom and knowledge of God! how unsearchable are his judgments, and his ways past finding out!

            34 For who hath known the mind of the Lord? or who hath been his counsellor?

            35 Or who hath first given to him, and it shall be recompensed unto him again?

            36 For of him, and through him, and to him, are all things: to whom be glory for ever. Amen.

          • On November 10, 2018 at 8:54 pm,
            Big Al says:

            I,for one, continue to appreciate your non secular input.

  2. On November 8, 2018 at 7:04 am,
    Silverdollar says:

    I enjoy listening to Mike Larson and his opinions on the market. For sure, he has a lot of background study of the numbers. No question Cory asked seemed to be that difficult for him to explain his position and thoughts. I also think the man simply adds a lot of common sense and one couldn’t be too far off track by following his thoughts. Thanks Cory.

    • On November 8, 2018 at 4:34 pm,
      Excelsior says:

      +1 Well-stated Silverdollar.

  3. On November 8, 2018 at 8:12 am,
    CFS says:

    I know I live in an agricultural area in California, but when you stand in line to vote and virtually the only language you hear around you is spanish, I have to believe the US is way passed the tipping point into socialist bankruptcy.
    The morons even voted for higher gas prices, to “improve” the roads, which are already covered with stolen taxes many times over.

  4. On November 8, 2018 at 8:52 am,
    CFS says:

    This is why elections matter.


    Alas, she is too senile to realize it was time to quit 5 years ago.

  5. On November 8, 2018 at 8:57 am,
    CFS says:

    Vendetta drills 9.02 m of 12.85% Pb+Zn at Pegmont

    2018-11-08 09:12 ET – News Release
    Mr. Michael Williams reports


    Vendetta Mining Corp. has provided the last batch of drill results from the 2018 resource development program on the Pegmont lead-zinc project in Queensland.

    • On November 8, 2018 at 4:35 pm,
      Excelsior says:

      Very nice drill results from VTT. They’ll be taken over by South32 or their neighboring Chinese consortium in the next 12 months.

  6. On November 8, 2018 at 9:01 am,
    CFS says:
  7. On November 8, 2018 at 9:20 am,
    CFS says:

    And you thought it was only Big Brother that was watching!

    Using Wi-Fi to “see” behind closed doors is easier than anyone thought
    With nothing but a smartphone and some clever computation, researchers can exploit ambient signals to track individuals in their own homes.

    Wi-Fi fills our world with radio waves. In your home, in the office, and increasingly on city streets, humans are bathed in a constant background field of 2.4- and 5-gigahertz radio signals. And when people move, they distort this field, reflecting and refracting the wave. In theory, they say, it ought to be possible to use this changing electromagnetic field to work out the position, actions, and movement of individuals. Indeed, several groups have created imaging systems that use Wi-Fi to “see” through walls.

    But all these systems have drawbacks. For example, they rely on knowing the exact position of the Wi-Fi transmitters involved and need to be logged in to the network so that they can send known signals back and forth.
    That isn’t possible for the ordinary snooper or peeping tom, who might typically have access only to off-the-shelf Wi-Fi sniffers such as those built into smartphones. This kind of set-up is just too basic to reveal any useful detail about what goes on behind closed doors, other than the presence of the Wi-Fi network itself.
    At least, that’s what everybody thought. Today that changes thanks to the work of Yanzi Zhu at the University of California, Santa Barbara, and colleagues. These guys have found a way to see through walls using ambient Wi-Fi signals and an ordinary smartphone.
    They say the new technique allows an unprecedented invasion of privacy. “Bad actors using smartphones can localize and track individuals in their home or office from outside walls, by leveraging reflections of ambient Wi-Fi transmissions,” they say.
    (And turning your phone off will not help!)

    • On November 8, 2018 at 3:21 pm,
      Ozibatla says:

      Wow that is creepy! It would appear privacy has become a thing of the past. We can largely thank Australia for the wifi invention too.

  8. On November 8, 2018 at 9:47 am,
    b says:

    What Do We Make Of The Midterm Election?

    “Until Donald Trump, no American president ever so completely prostituted himself before the tiny, insignificant state of Israel as Trump has done. How exactly are the “deplorables” proud Americans when their man grovels under the feet of Israel?

    How does Trump make American Great Again when he subordinates America to Israel?”


    • On November 9, 2018 at 4:38 am,
      GH says:

      Trump is a whore for Israel, but that’s nothing new since Woodrow Wilson onward. One couldn’t really outdo Wilson, FDR, Truman, Eisenhower, Johnson in their prostitution to Israel.

      Douglas Reed tells the story in devastating detail.


      • On November 9, 2018 at 9:02 am,
        b says:

        Agree 100% GH

        I bet it wont ever be taught in schools tho. lol

        Other than talk about it, whats anyone gonna do?
        The mic is just too entrenched, maybe the 4th turning idea has sumtin to it.
        Ya never know.

        • On November 9, 2018 at 10:49 am,
          GH says:

          Who knows, white people may get tired enough of being hated on and marginalized in the country they built that they finally get serious about figuring out what’s going on. If they were to do that, all bets are off.

          • On November 9, 2018 at 1:12 pm,
            b says:

            Not gonna happen GH, most white people are christian, if they call themselves any religion.

            And christians love Israel, if you even attempt to explain there is a dif between Jews,zionists and Israel you are called an anti-semit, or nazi nazi nazi.

            lol, which is what I was called on another blog.

            Explain banking? or federal reserve. “You one of dem nut conspiracy people”.

            I was polled a few days ago in alberta as to what I thought the most important issue that should be taught in our schools.
            I responded fractional reserve banking.
            I could have said a few things but thats the first thing that came to mind.
            Think anyone else answered the same way? lol

          • On November 9, 2018 at 2:24 pm,
            OOTB Jerry says:

            b……good for you……that was a great response , on the fractional reserve banking….

          • On November 9, 2018 at 6:36 pm,
            b says:

            thx Jerry

            unfortunately the people tallying up the suggestions wont know what it is.

  9. On November 8, 2018 at 10:14 am,
    CFS says:

    Trump’s behavior in Israel had negligible considerations in the minds of most US voters, and that is how it should have been in my opinion.
    What should have concerned the voters more is the collapse of the US due to overspending on all fronts.

    Look to Venezuela, once a relative dynamic and prosperous country before corrupt Socialists took control of government:


    This is the consequence of spending your seed corn (resources and oil wealth) on socialist vote-buying.

    • On November 8, 2018 at 11:49 am,
      b says:

      Easy to see why the U.S. opposed Chavez.

      GDP per capita rose from about US$ 4000 to nearly US$ 11000.

      Unemployment dropped from nearly 15% to about 6%.

      Extreme poverty decreased from 23.4% to 8.5%.

      Infant mortality decreased from 20 per 1000 to 13, the lowest in South America.

      Annual oil exports increased from US$ 14 billion to over US$ 60 billion.

      Venezuela moved up 7 positions in the United Nations Human Development Index.

      The minimum wage increased by more than 600%.

      Free education, including in universities was introduced by Chavez. When Chavez took over, nearly 40% of the population was illiterate. During his Presidency, Venezuela reached 100% literacy rate. Venezuela also became the 6th top country in terms of university enrollment. In less than 3 years, Chavez’s educational missions taught 3 million adult Venezuelans how to read and write, completely eliminating illiteracy.

      Chavez introduced the health care programme called Mission Barrio Adentro, sent doctors to isolated communities and covered the entire population of Venezuela.
      Another health programme Mission Milagro restored eyesight of 300,000 Venezuelans.

      Under Mission Mercal, Chavez set up 8000 subsidized supermarkets and small markets all over the country serving about 8 million Venezuelans every month.

      To transfer power to the people, 35,000 community councils and 130,000 grassroots circles were set up.

      Just a guess, but I have a bit of a suspicion the U.S. has something to do with Venezualas collapse.

      I have a hunch Smedly Butler and John Perkins might agree with me.

      Just a guess tho.

      • On November 8, 2018 at 2:34 pm,
        CFS says:

        Are you suggesting that the Marxist Obama wanted Venezuela’s collapse?

        Where on earth did your “statistics” come from? Cuba ?

        Hugo Chavez was elected president of Venezuela in December 1998 on the strength of three main promises:namely, convening a Constituent Assembly to write a new constitution and improve the state, fighting poverty and social exclusion, and eliminating corruption. Nine years later, it was evident that the Constituent Assembly primarily was a vehicle to destroy all existing political institutions and replace them with a bureaucracy beholden to his wishes. Poverty and social exclusion remained as prominent as before, while the levels of government corruption are higher than ever.
        Any correlation between your statistics and reality are imaginary. I have visited the region around Caracas over the last couple of decades, but not recently, and theft was rife; not an indication of prosperity.

        • On November 8, 2018 at 4:35 pm,
          b says:

          What are some lesser known accomplishments of Hugo Chavez? – Quora


          Mar 2, 2017 – Hugo Chavez, was President of Venezuela from 1999 until his death in 2013.

          • On November 8, 2018 at 4:39 pm,
            b says:

            The Achievements of Hugo Chavez and the Bolivarian Revolution, by Salim Lamrani

            Never in the history of Latin America, has a political leader had such incontestable democratic legitimacy. Since coming to power in 1999, there were 16 elections in Venezuela. Hugo Chavez won 15, the last on October 7, 2012. He defeated his rivals with a margin of 10-20 percentage points.


          • On November 8, 2018 at 4:47 pm,
            b says:

            Analysis: How Hugo Chavez changed Venezuela
            By Victor Bulmer-Thomas
            Latin America analyst


          • On November 8, 2018 at 6:24 pm,
            CFS says:

            I am not saying Chavez was not legitimately elected.

            I am not saying nationalizing major industries and resources and using their value distributed to the population would not be popular and selling assets (resources) would not raise the standard of living.

            I am saying that Marxism/socialism is an inefficient way to run a country and liquidating assets , while raising standard of living, is predetermined to ruin the economy eventually, just like eating seed corn will produce disaster in the long run.

    • On November 9, 2018 at 4:39 am,
      GH says:

      You’re a fool or a liar, CFS, and I lean toward the latter.

      The things profess to care about, and your supposed 50-hour-equivalent research days, yet you never get to the heart of any of it.

      • On November 9, 2018 at 4:40 am,
        GH says:

        correction: The things *you* profess to care about…

        • On November 9, 2018 at 10:34 am,
          CFS says:

          10% of the Venezuelan population leaves the country according to the UN, because the economy has collapsed and people are starving, and others claim Chavez did great things for the country.
          Don’t you think those “facts” have a problem with inconsistency?

          • On November 9, 2018 at 10:51 am,
            GH says:

            The thread started with Israel, not Venezuela.

            CFS: “Trump’s behavior in Israel had negligible considerations in the minds of most US voters, and that is how it should have been in my opinion.”

  10. On November 8, 2018 at 10:21 am,
    CFS says:

    With regards to Trump Middle East policy, this is a better criticism than Roberts’


  11. On November 8, 2018 at 10:24 am,
    CFS says:

    I should point out the author of the above piece is Islamic and living in the U.S.

    • On November 8, 2018 at 3:08 pm,
      CFS says:

      Interesting that the 2 female Islamic Democrats elected to the House both believe in Sharia Law. (Incompatible with the US Constitution. Wonder how they can take oath of office.) (And one of them is married to her brother!)

      • On November 9, 2018 at 6:40 pm,
        b says:

        Taking an oath only means they gotta believe ya.

        Lying thru their teeth just means they will fit right in.

  12. On November 8, 2018 at 10:28 am,
    CFS says:

    Rickards is still whistling the same tune, and time has not changed anything.


  13. On November 8, 2018 at 2:45 pm,
    Markedtofuture says:

    Clif High & Bix Weir – Q & A (Part 3 of 3)


  14. On November 8, 2018 at 3:05 pm,
    CFS says:

    Trump’s new acting AG could mean jail for Hillary.


    Whitaker knows where to find the skeletons (paragraph 6)

  15. On November 8, 2018 at 3:56 pm,
    Ozibatla says:

    Time is ticking for gold to get its act together in my eyes. I know theres no time limit on a market resurrecting itself but this muddling along is getting long in the tooth. It would appear that gold is “coiling” for a move either way when you look at it from a longer term perspective.

    Silver is less than 7% from its 2015 low so that low could well be revisited if not broken. Im only speaking through current sentiment, nothing more. The metals stink! Its frustrating but it is what it is. Im going to sit back and see what happens as the year draws to a close. Im hoping the year on year uptrend remains for gold come Dec 31 but am not confident.

    Unfortunately the lag on silver being behind gold means it could be a way off from recovering a good portion of its losses from this bear market.

    • On November 9, 2018 at 7:59 am,
      Marty says:

      My next stacking targets :$13.56 & $12.86

  16. On November 8, 2018 at 4:31 pm,
    Markedtofuture says:

    China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally


    • On November 8, 2018 at 11:09 pm,
      Excelsior says:

      Interesting crypto development in China.

  17. On November 8, 2018 at 6:54 pm,
    CFS says:
  18. On November 8, 2018 at 9:10 pm,
    Markedtofuture says:

    Qanon November 8 – Mission Forward


  19. On November 8, 2018 at 10:36 pm,
    Markedtofuture says:

    Mark Taylor – God Is Going to Gut MSM News Media


  20. On November 8, 2018 at 11:08 pm,
    Excelsior says:

    Argonaut Gold Announces Third Quarter 2018 Operating and Financial Results

    by @newswire on November 8, 2018

    Pete Dougherty, President and CEO stated: “We achieved a significant milestone during the quarter in which we produced our millionth gold equivalent ounce, showcasing our commitment to sustainable and profitable mining since launching Argonaut Gold at the end of 2009. Also during the quarter, we had higher production and lower costs compared to 2017, despite the interruption of mining activities at La Colorada, as we are now realizing the positive effects of lower cost production from our San Agustin mine. During the third quarter at La Colorada, we experienced the impacts of the low grades stacked on the leach pads during the suspension of blasting activities in the second quarter in the form of lower production; although, we saw costs normalize as mining activities recommenced upon receiving our explosives permit in late July. Despite these impacts, we are on track to meet the lower end of our 2018 production guidance of 165,000 GEOs, as all of our operations are now performing very well and we anticipate a very strong fourth quarter.”


  21. On November 9, 2018 at 2:07 am,
    Excelsior says:

    John Hathaway: Deficit Risks Will Fuel Gold Move Higher

    by @PalisadeRadio on November 9, 2018


    • On November 9, 2018 at 2:17 am,
      Excelsior says:

      Gold And Silver Stocks Are Literally Cheaper Than Dirt! – Jeff Clark

      Cambridge House International Inc. – Nov 7, 2018


      • On November 9, 2018 at 9:55 am,
        b says:

        Good dirt is valuable.

        • On November 9, 2018 at 10:06 am,
          Excelsior says:

          Yep. Looking for that Pay Dirt.

  22. On November 9, 2018 at 2:18 am,
    Excelsior says:

    Cobalt prices could rally 30% by mid-2019
    Frik Els | about 13 hours ago


    • On November 9, 2018 at 5:29 am,
      Dick Tracy says:

      YESSSSSSSSSSSS! Cobalt and Nickel!

      • On November 9, 2018 at 10:04 am,
        Excelsior says:

        I don’t believe most Cobalt stocks are viable longer term, but yes the Nickel and Copper companies with nice Cobalt credits are attractive.

        • On November 10, 2018 at 3:47 pm,
          Excelsior says:

          Car #battery pioneer says new breakthrough will lower #Cobalt use
          Bloomberg News | Nov 7, 2018

          “BASF was keen to catch up with cathode market leader Umicore SA, and in April 2016 turned to Sahin’s CAMX Power company and its #lithium #nickel -oxide formula. Two months later, Johnson Matthey followed suit. The London-based company had been in talks to acquire Sahin’s company until BASF pounced on a license, forcing it to settle for a similar arrangement, according to a person familiar with the situation…”


    • On November 9, 2018 at 5:52 am,
      Dick Tracy says:

      Katanga mining has to store it’s cobalt until the end of 2019 until they can clean the uranium in the mix.

      • On November 9, 2018 at 10:05 am,
        Excelsior says:

        Yep, saw that about the Uranium in the mix, but I’ve never been into the DRC. Looking for North American and Australian base metals companies with Cobalt instead.

        • On November 9, 2018 at 10:59 am,
          Charles says:

          Hi Ex –
          Do you have any news on Brixton? It has cobalt as you know and is up pretty big. Of course its a penny stock so it could just be a flash in the pan. I looked on the CEO boards under Brixton, but there doesn’t seem to be any news regarding the company.
          Thanks in advance,

  23. On November 9, 2018 at 5:33 am,
    Charles says:

    Attached is a good article about the history Avino Silver and some of its prospects from The Gold Report:


    • On November 9, 2018 at 10:04 am,
      Excelsior says:

      NIce. Thanks for that post Charles. I still have a good position in ASM that I’ve had since early 2016, and added more during the recent rout and post financing.

  24. On November 9, 2018 at 10:27 am,
    charles says:

    Yes, me too. I added some after they closed the secondary. Now all we need is a pop in silver prices. That seems like it could be still a ways off.

    • On November 9, 2018 at 10:01 pm,
      Excelsior says:

      Yes, a pop in the metals will cure many woes. 2 of the value drivers that I anticipate with Avino are that they have added another circuit over the last year that will alllow them to increase production by around 50%-70% according to some of the projects that David Wolfin has mentioned in prior interviews. It also will assist with bringing down their costs further. I’m not sure the market is really taking into account just how transformative that will be on the production numbers for next year in 2019.

      The other large catalyst that is on the horizon is their work on gold project Bralorne where they are exploring and developing in between the old historic workings, and they are on slat to look at first production next year.

      Fun times!