Takeaways From The Beaver Creek Conference – The Good and Bad
Brien Leni, Founder of the Junior Stock Review joined me today to share his overall takeaways from the Beaver Creek Conference. While the precious metals sector has improved there are still a lot of companies that are not attractive investments. We bring up a couple of the good opportunities and a couple factors that scare us away.
Click here to visit Brien’s site and keep up to date on what he is writing about.
SLV’s big gap today took SLV above important resistance in a single bound. It would be great if the gap holds as it would turn today’s new shorts into bull food…
https://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=1&mn=6&dy=0&id=p67357782254&a=681323555
SLV weekly:
https://stockcharts.com/h-sc/ui?s=SLV&p=W&yr=3&mn=11&dy=0&id=p33916898174&a=637586147
Well before the correction started, I said that, when it arrived, it would probably only last 2 or 3 weeks. It’s too soon to say for sure but it looks like we have a good shot at that being the case.
Gold seems to be having a hard time dropping in price.
Oct is earnings reporting I think.
Maybe the crash that Bob is talking about happens then and gold gets sold for liquidity.
But right now, gold doesnt seem to want to drop.
Gold is a world market…..Asia and Europe fleeing to safety.
Also JPMorgan and CitiBank metal’s desks are under investigation, so they can’t manipulate prices.
We could simply be having an oversold bounce.
https://youtu.be/qUtKZAYa_BA?t=14
Ira’s morning.
Germany in trouble……Deutsche Bank in serious trouble.
I wonder what will be the exact dates when the LBMA and COMEX blow up.
JPMorgan Chase HAS BILLIONS OF LOANS RIDING ON WeWork
By Pam Martens and Russ Martens: September 23, 2019 ~
WeWork’s business model isn’t workable. Everybody understands that except the Wall Street bank that has the most to lose if WeWork’s initial public offering (IPO) of its stock doesn’t move forward. That bank is JPMorgan Chase, one of the two main underwriters of the IPO, along with Goldman Sachs.
WeWork’s business model is to take long-term leases in commercial office buildings and then sub-lease that space under short leases to small businesses, start-ups and freelancers – none of which are particularly known for their ability to pay rent in a downturn. WeWork is currently on the hook for more than $47 billion in long term leases while it has yet to figure out how to make a dime of profits.
JPMorgan Chase is so interconnected with WeWork that to a number of minds WeWork looks like little more than a strawman for the bank and the bank’s biggest commercial real estate clients in New York City where WeWork is taking vacant space off the market at seismic speed. WeWork is now the largest office tenant in New York City.
Webb and spies and stuff…
Names dates and places………….for the spy stuff………
As I said on Sat……Sue Gordon ……whistle blower
Mr. Atkinson cited a complaint by an unnamed whistleblower who claims to have heard from a source that the President offered a quid pro quo to Ukrainian President Zelensky for reopening the Burisma case.
You need both tapes……..to make the connection…….
https://www.youtube.com/watch?v=jjCVnok1Qvk
Webb take down…… lol thanks cory
https://www.gowebcasting.com/conferences/2019/09/11/precious-metals-summit
FOR BEAVER CREEK WEBCASTS….