John Rubino over at Dollar Collapse – Mon 9 Dec, 2019

What is actually forcing the Fed into the repo market?

John Rubino joins me for a look into the repo market and what is making the Fed continue to inject money. There have been a lot of differing thoughts on what is causing these issues. This also ties into a discussion on debt and how the financial system is stuck on needing more and more to keep functioning.

Click here to visit John’s site and follow along with what he is writing.

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Comments:
  1. On December 9, 2019 at 3:22 pm,
    Excelsior says:

    For any of the drill junkies out there…. (NRN) Northern Shield was up 40% on this finance news:

    Northern Shield Closes First Tranche of Private Placement for $1,278,796

    by @newswire on 9 Dec 2019

    “Proceeds from the offering will be used for working capital purposes and to incur eligible exploration expenses at the Shot Rock and Root & Cellar Properties.”

    https://ceo.ca/@newswire/northern-shield-closes-first-tranche-of-private-placement-2c43f

    • On December 9, 2019 at 5:49 pm,
      cfs says:

      Perhaps the biggest “TELL” that Horowitz is an entrenched member of the Deep State is the fact that he “found no bias” among upper officials in the F.B.I.
      Horowitz can produce obvious facts, but will not point fingers of blame on anyone.
      Just as with his previous report that gave us the waste of time of the Mueller investigation, we have the same problem again.

    • On December 10, 2019 at 12:49 am,
      Excelsior says:

      Mako Mining Corp. (TSX-V: MKO) is pleased to provide an update on the ongoing project development and exploration programs at its fully-permitted San Albino project

      “Development work at San Albino is proceeding on schedule. The crusher has been purchased and is expected to be delivered to site over the course of the next six weeks. Importantly, the crusher is capable of handling over 1,000tpd, which allows for an increase in throughput beyond the 500tpd permit granted in September 2017. Earthworks for the mill platform are now complete. Numerous second-hand mills have been identified with plans to select the best one for the project by the end of 2019. Plant construction is still on track for completion by the summer of 2020.”

      “Although only 7,000 m of infill grade-control drilling were planned at San Albino, the positive results encountered to date have extended the program to over 9,600 m and 224 diamond drill holes. Specifically, the decision to dedicate one drill rig to testing the strike and down dip extensions of the near surface high-grade Porcelana-style mineralization has yielded some of the highest grade x thickness intercepts in the Company’s history (see press releases dated September 4, 2019, September 26, 2019 and October 17, 2019). In an attempt to aggressively test the down dip extension of the Porcelana-style mineralization, hole SA19-299 was drilled well outside the ultimate pit limit (approximately 70 m down dip) as defined in the Company’s Preliminary Economic Assessment for the San Albino Gold Deposit dated April 29, 2015 (the “PEA”) and available on the Mako’s website and SEDAR profile at http://www.sedar.com. The Company is pleased to report that hole SA19-299 has intersected a relatively thick zone (greater than 4 m) of sulfide mineralization that has previously been associated with high gold grades.”

      “An additional batch of infill drilling results will be ready for dissemination shortly, with remaining assay results, including hole SA19-299, to be released as they are received.”

      https://makominingcorp.com/news/index.php?content_id=127

    • On December 10, 2019 at 12:50 am,
      Excelsior says:

      Mako Mining Corp. (TSX-V: MKO) is pleased to provide an update on the ongoing project development and exploration programs at its fully-permitted San Albino project

      “Development work at San Albino is proceeding on schedule. The crusher has been purchased and is expected to be delivered to site over the course of the next six weeks. Importantly, the crusher is capable of handling over 1,000tpd, which allows for an increase in throughput beyond the 500tpd permit granted in September 2017. Earthworks for the mill platform are now complete. Numerous second-hand mills have been identified with plans to select the best one for the project by the end of 2019. Plant construction is still on track for completion by the summer of 2020.”

      “Although only 7,000 m of infill grade-control drilling were planned at San Albino, the positive results encountered to date have extended the program to over 9,600 m and 224 diamond drill holes. Specifically, the decision to dedicate one drill rig to testing the strike and down dip extensions of the near surface high-grade Porcelana-style mineralization has yielded some of the highest grade x thickness intercepts in the Company’s history (see press releases dated September 4, 2019, September 26, 2019 and October 17, 2019). In an attempt to aggressively test the down dip extension of the Porcelana-style mineralization, hole SA19-299 was drilled well outside the ultimate pit limit (approximately 70 m down dip) as defined in the Company’s Preliminary Economic Assessment for the San Albino Gold Deposit dated April 29, 2015. The Company is pleased to report that hole SA19-299 has intersected a relatively thick zone (greater than 4 m) of sulfide mineralization that has previously been associated with high gold grades.”

      “An additional batch of infill drilling results will be ready for dissemination shortly, with remaining assay results, including hole SA19-299, to be released as they are received.”

      https://makominingcorp.com/news/index.php?content_id=127

      • On December 10, 2019 at 6:03 am,
        Excelsior says:

        Another acquisition by a mid-tier of a Major Producers divestment of properties…

        Teranga buys out Barrick’s 90% stake in West African Massawa open pit gold resource.

        ____________________________________________________

        (TGZ) (TGCDF) Teranga Gold to Acquire High-Grade Massawa Gold Project, Accelerates Repositioning as Low-Cost, Mid-Tier Producer

        by @newswire on 10 Dec 2019

        “Teranga Gold Corporation (TSX:TGZ; OTCQX:TGCDF) has entered into a definitive agreement pursuant to which it will acquire a 90% interest in the Massawa Gold Project from a wholly-owned subsidiary of Barrick Gold Corporation (TSX:ABX; NYSE:GOLD) and its joint venture partner, Compagnie Sénégalaise de Transports Transatlantiques Afrique de l’Ouest SA with the Government of Senegal holding the remaining 10% interest in Massawa.”

        https://ceo.ca/@newswire/teranga-gold-to-acquire-high-grade-massawa-gold-project

    • On December 10, 2019 at 6:44 am,
      Excelsior says:

      Ronald-Peter Stöeferle – We Are Still at the Beginning of a Big Bull Market for Gold

      by @PalisadeRadio on 10 Dec 2019 #AudioInterview

      https://ceo.ca/@palisaderadio/ronald-peter-steferle-we-are-still-at-the-beginning-of-a-big-bull-market-for-gold

  2. On December 9, 2019 at 4:16 pm,
    CFS says:

    Having read about half of the DoJ I.G. Report that was issued today, I can reach one SOLID conclusion:

    Horowitz is clearly a member of the DeepState.
    Time and time again his choice of words indicates this fact.

    Horowitz repeatedly uses words like “omissions”, “errors”, “inaccuracies”,or “inconsistencies” to describe KNOWN FALSEHOODS or outright LIES.
    I am disgusted at this document which represents essentially a cover up, not of incompetence by the F.B.I., but what was a KNOWINGLY FALSE investigation.
    The F.B.I. KNEW the Steele Dossier was false.
    They never used any information from Steele in ANY criminal proceeding. Explain that fact, by anything OTHER than knowledge that Steele information was unreliable at best, or DELIBERATELY FALSE at worst. The F.B.I. deliberately CHOSE NOT TO INVESTIGATE the veracity of Steele derived “information”.

    Three years of “investigation” and this is the sum total of the inquiry?
    What a waste of money. Was Horowitz expecting us to forget the facts?

    I await the results from Durham, and pray that he is not also Deep State.

  3. On December 9, 2019 at 4:53 pm,
    cfs says:
  4. On December 9, 2019 at 6:37 pm,
    cfs says:

    Here’s Trump discussing education:

    https://youtu.be/X7BPMXOc5QI?t=262

  5. On December 9, 2019 at 8:56 pm,
    cfs says:
  6. On December 9, 2019 at 9:09 pm,
    cfs says:
  7. On December 9, 2019 at 9:20 pm,
    cfs says:

    Hannity tares into FISA Report, and FBI.

    But Hannity follows the I.G. Report in totally underestimating misfesances and MALFEASANCES of FBI.

    (Not 17 but THREE TIMES THAT.
    51 actual violations of U.S. Law.

  8. On December 9, 2019 at 9:21 pm,
    cfs says:
  9. On December 9, 2019 at 11:25 pm,
    CFS says:
  10. On December 10, 2019 at 8:31 am,
    cfs says:

    It does not surprise me, perhaps that Horowitz reports just facts and REFUSES to read between the lines, because he is Deep State.
    Obviously Comey and McCabe effectively took the fifth, without actually taking the fifth.
    Horowitz talks about”limited recollections” (I can’t remember….I don’t recall) and “no meeting minutes” when discussing information related to comey and McCabe. (Clearly old hands at investigations and how not to get caught in outright perjury.)
    But asking between the lines…..
    If the upper echelons of the F.B.I. were relying on statements from Downer of Australia about the Russian connection of the Trump administration, HOW COME DOWNER WAS NEVER INTERVIEWED DIRECTLY. (Answer: they knew the Downer information was false but needed it to get the FISA warrants.) So why does Horowitz not discuss this ? (He’s Deep State.) People should realize that often as much information is given by what is not asked or not said, as may be carried by what was said.
    Why are the relationships of Downer, Carter Page and Mifsud to the C.I.A. not exactly pinned down by Horowitz ? (Deep State again protecting its own.)

  11. On December 10, 2019 at 9:46 am,
    Matthew says:
    • On December 10, 2019 at 10:39 am,
      Charles says:

      Good to know. I bought a little more a few weeks ago when it looked fairly washed out. I would like to buy some more, but I’d have to sell something to buy more at this point as I am fully invested. I have also been watching Dolly Varden.

      • On December 10, 2019 at 10:51 am,
        Excelsior says:

        (DV) (DOLLF) Dolly Varden has really sold off, and I can’t see a valid fundamental reason why other than market apathy, but I might be missing something. They’ve done a good job on exploration all year and last year, and things look promising, but the shareprice has been hammered. It does look like a good tax loss pickup here.

        They came out with their 2019 year in review and still sold off, but most of the Silver JR space sold off today, so it appears to be a weak trading day. Still, you’d think there’d be a little bump on this update.
        _____________________________________________________

        2019 Year In Review for the Dolly Varden Silver Program in the Golden Triangle, British Columbia

        by @newswire on 10 Dec 2019

        Diamond drilling of 11,863 metres in 44 drill holes completed in 2019.

        High-grade silver intercepts included 5 metres grading over 1,600 grams per tonne.

        Updated Mineral Resource Estimate completed for four deposits.

        Preliminary metallurgical tests yielded silver recoveries up to 88%.

        Access improved to the heart of the property with numerous creek-crossing bridge repairs.

        The BC Regional Mining Alliance has expanded to promote investment in northwestern BC.

        https://ceo.ca/@newswire/2019-year-in-review-for-the-dolly-varden-silver-program

  12. On December 10, 2019 at 12:27 pm,
    Charles says:

    Agreed Ex. I am waiting a bit as I think it will come down a bit lower in my opinion, but will probably pick some up soon. I sold some more NSRPF today as I think in the short term it is looking a bit toppy and really I held to large a position.

  13. On December 10, 2019 at 1:31 pm,
    Charles says:

    What the heck got into Metalla Royalty today? That breakout on heavy volume caught me by surprise.