US Markets, USD, and The State Of The Union Speech
Chris Temple kicks off this week first with a comment on the US markets and the rollover it seems like everyone is waiting for. Taking a step back there are drivers that could move markets both up and down. We also touch on the US dollar and how the State Of The Union speech could impact a wide range of markets.
Student debt is one of the biggest contributors to the overall increasing debt burden held by seniors. U.S. consumers who are 60 or older owed around $615 billion in credit cards, auto loans, personal loans and student loans as of 2017. That is up 84% since 2010—the biggest increase of any age group, according to the TransUnion data.
Seniors…..helping the kids……..now the entire family is screwed…for generations…
and no bankruptcy attorney can help…..
Some of these people should be screaming for a…..DEBT JUBILEE……..
When I went to school students didn’t expect their parents to pay for tuition. We got part time jobs and scrimped, what do you do if you have three children, if you pay for one you must give the other two an equivalent amount of money or the two left out will feel resentment. Parents are stupid if they think they must pay for a child’s education if it means you retire in debt. People can’t think for themselves these days.
“Higher” ed…one of the biggest scams of all time.
Can anyone list what they think are good small to mid-cap gold and/or silver miners that have properties exclusively in Canada, the US or Australia? I would prefer active mines or about to be active mines.
I have way too much exposure the Mexico at present and I would like to diversify a bit. I do already own a lot of AXU, which has been a solid performer, but I am already overweight. Thanks.
“ith” is in alaska. for under $1.00
“sea” is British Columbia I think $18.00
Canadian: Golden triangle: PVG but earnings Feb 14. SA but will take help to peoduce large resource. Brixton mentioned already but explirer waiting for drill results. Great Bear resources and Pure Gold are explorers in the Red Lake district with with good drill results…so far. The youkon has some explorers also with some good drill results like metallic, Alexco and Atac. East Canada has Anaconda, Sokoman with the former producing. Just some thoughts…to be researched. I would think Excelsior would have some ideas that may be worth checking out.
Some others to Research; Atlantic gold, Nova Scotia; Contact Gold adjacent to Gold Standard Ventures; EMX Royalty various places imcluding Arizona;revival Gold Idaho; Sabina gold Nunavut; Equinox Gold; Fireweed ZincEastern Canada; First Mining Finance Eastern Canada; Nordic Gold Finland; Osprey Gold Nova Scotia; Silver Corp China; Sonourn Rxploration near Pretium in Golden Triangle.
Sojourn Exploration
Kikland Lake although been on run. Keeps growing but great greats and resouce in Australia and some Canada.
You might look at Brixton Metals. It is one that Matthew told me about. I believe all of their properties are in Canada (maybe in the Ontario area?) and I purchased for the same reason you mention. Very small company so it is not without risk and management has not always been consistent on strategy. They recently purchased Pershing Gold so now they have some gold exposure too. Also some Cobalt.
I think Americas silver has spmetimg to do with Pershing.
GDX didn’t finish filling Thursday’s gap on Friday but it did so today:
http://schrts.co/xTQcaZbF
Same goes for GDXJ:
http://schrts.co/XKKTFahr
This morning’s low for gold precisely filled Thursday’s gap.
http://chartseeker.com/chartLink.php?s=AU&n=Gold%2024%20Hour&i=AU-24HR-LG.png&w=400&h=250
SILJ heading for $10+…
http://schrts.co/AdvCWnBD
SLV:GLD
http://schrts.co/EFkhdWvm
The following big XAU fork is working well and now favors a move up to resistance in the 120-130 area…
http://schrts.co/jxPsMVHY
long WPX right here on the breakout
The Great Silver Debate: Two Top Experts, The Merits Of Silver, And Only One Winner
This is @ silver Doctors
Morgan and Louis Cammarosano
IMO Morgan gets schooled big time, I found him deflecting questions to old articles etc
imo he gets humbles and as he calls himself the “silver guru” should be embarrassed.
As Bob says, forget the “gurus”.
Philip O’Neill – Uranium Made Investors Crazy Money Last Time
by @PalisadeRadio – February 5, 2019
https://ceo.ca/@palisaderadio/philip-oneill-uranium-made-investors-crazy-money-last-time
I said this was a problem 10 yrs ago……now seniors are hooked……..
Crooked govt…..student loans……
https://www.zerohedge.com/news/2019-02-03/no-longer-luckiest-generation-boomer-finances-start-roll-over