Good stuff.

GH, fwiw, I left you a couple links under Thursday’s market wrap.

Thank you Matthew.

End of July, I meant.

Boo,… I dont follow the american market, but on the canadian ya just had to keep them.

It is still prior to legalization, so they have a ways to go I think, also, there are not enough companies growing enough to meet demand. (thats a real fundamental)

If ya had the right stock and were glued to the screen this past week, trading profited a person just under 80% of share price,(1 day) and by the end of the day the price was up again.
So obvious even I made coin, and Im a horrible trader.

I think potshares is the place to be at least until PMs start moving again.
They are moving fast, 1 day alone there were 6 trading halts.
But just owning some,closing your eyes and riding it out to legalization might be the way to go?
They are so volatile my broker is not allowing “stop losses”

“pot will get you thru times of no cash better than cash will get you thru times of no pot”

I dont believe too many investors understand the meaning of that saying.
Thats funny.

A long while ago, I mentioned on this site phot, I said thats the one people will buy, its pot, thats what they will look for. (madness of men)
I said it when it was 1/2 cent or less, it then went to about 80 cents I believe, fast.
It was a “blow off” of course and since came back to reality.
Unfortunately for me it was on the american market.
That by the way, blows away any call anyone ever made on this site. lol
nobody once said, “geez, none too shabby” more lols
Couldnt help myself, there are gurus on here, I know nothing, like Bob, me and Bob know nothing. That is such a great book.

In any case, pot is the place to be, maybe an oil company or two as well, Rick mentioned one and Bobs “torchlite”? american so Im out.

Anyway, you might find it advantageous to do some due diligence on some potshares.
Fundamentals are saying up they go, Like dollarama a while back.
It wasnt dollarrama, it is 20rama. Fundamentals can pay big time.
Dollar rama split enuff times I lost count.

If potshares tank to zero, I will keep mine, they are going up.

B, did you say “I like this half-cent company and here’s why I think it’s cheap and/or going higher”? Or did you show conviction by saying that you put a lot of your money into it (yes, “a lot” is subjective and relative)?

Or did you simply mention that it exists, and nothing more?

In other words, if it was just a “$500 on red” type bet, then it would make sense that it might not have caught anyone’s attention.

I sold 1/2 when they quadrupled the first time, Im letting the “free” shares ride.

When it has been obvious to me what theyre gonna do (gotta be glued to the screen)
I attempt to trade, but they can get so volatile (at least canadian can) even I as horrible at trading as I am can make some coin.

Pot is far far more liquid than PMs, a much much bigger market.
Pms is not even in the same league as pot, and look what shares are selling for.

Try this, offer people an once of silver, then offer a joint, see what people line up for.
How about offer a joint for that cup of coffee instead of an once of gold that NObody would take? PMs is a “niche market”?

I mentioned long ago, pot would be more valueable than PMs in a shtf scenario.

Check the retail outlets in Vancouver or Colorado for pot and compare to PM stores, where are the line ups?

Once youve done that ask yourself “what do people want?”
Who has the product that is selling?

Has alcohol ever stopped selling?

A little forward thinking, how much pot is going to get sold once amazon gets it?
There are already people working on apps for home delivery.

Pot is an absolute no brains required opportunity that is in its infancy.

Goldbugs might end up looking awful silly to have missed this one.
If potshares go to zero, better keep them they going up.

Market cap of wal mart,barrick,gg,amazon,coke,etc etc

It is completely obvious.

5-10% PMs 90-95% somthin else.

I missed it when you mentioned PHOT, and wasn’t aware of it until now.

My concern with them is that I would guess that as a trendy sector, there are probably many that are worthless jokes. I haven’t yet gotten into the financial analysis side of the equation, so I have only tried to play short-term technical trades. And I almost never chase, so when they launch and I’m not in, it’s too late. But I agree with your general analysis–lots of growth potential (ha!).

Jeff Sessions’ nomination may take some wind out of their sails…

Clive Maund has been on top of this.

PHOT — that’s a crazy chart. Occasionally gives a good stink bid opportunity.

B – I’m not sure why you have to always throw in trash talking about me in specific. It’s a little over the top.

There are plenty of others here on the KER that are also posting on miners & energy stocks. Here’s a clue: If you bother to check the show sponsors on the right hand side of the KER – none of them were pot shares….. all of them are and have been miners or energy stocks (except Theralase).

I’ve never spoken out against your pot share posts, so I’m not sure why you continually take swipes about me posting about miners.

You do realize there are other websites that focus on pot stocks. Maybe you’d be happier there, or maybe you just need to smoke some of what you’re pushing….

GH, I dont follow the american market at all, the reason I knew phot was gonna go is I understood people would want to buy pot, the share phot was the obvious choice, no idea what their business plan or financials look like. That was just understanding people and herdthink.

Shad, Im not throwing anything, just sayin all your post are not the most profitable info at this time, a miss direction if you will.
Not trash at all. nor intended to be..its just the profit is not and has not been in PMs, recently…its been in potshares.

You goldbugs have tunnel vision I think.

Anyway, was not trash, was just sayin.
PMs are struggling to down, potshares are moving up so fast they get repeated trading halts.
Whats that expression? hoover dam threw a garden hose?
All that BS about PM shares is going to prove true for potshares.

Volitile as heck tho. Some people might want to close their eyes.

Shad, no I didnt realize there were sites for potshares. lol
I really dont see why there would be, there are so few.
Of course the american market might be different, which would do me no good anyway.

Someone that wants American stocks might check out Clive Maud for guidance.

I just looked at the PHOT chart and it is not confidence inspiring. B, goldbugs appear to have tunnel vision to you only because you’re not interested in real analysis. PHOT was nothing but a crap shoot gamble on the madness of crowds. The miners, on the other hand, are that and much more.

I’m curious what implication this may have for the overall industry? This would affect growers that supply Canada, and would affect Canadian growers that may have supplied the US markets.

_________________________________________________________________________

‘Drug War Dinosaur’ Jeff Sessions Seen as Existential Threat to Pot Industry
Donald Trump’s pick for attorney general could unravel the multibillion-dollar cannabis industry, which operates in violation of federal law.

By Steven Nelson | Staff Writer Nov. 18, 2016,

http://www.usnews.com/news/national-news/articles/2016-11-18/drug-war-dinosaur-jeff-sessions-seen-as-existential-threat-to-pot-industry

B.you do realize when the entire sector goes up even the ones with nothing but a claim to be in the industry,it’s usually time to be careful.other than Cgc mt and a couple that aren’t coming to me right now,the rest are comparable to cow pasture mining stocks.

Agreed wolfster.

See the Chris Parry article below about the “weed bubble” the markets are in. It’s been a high-flying sector this year, but many of the supposed companies are full of hot air….

from the Chris Parry “Weed Bubble” article below:

“To be sure, every weed company is having its moment of excessive exuberance. Companies that had $3 million market caps last month have $30 million caps today. Nobody is looking at profits, they’re all looking at potential. And that’s the formula for a good old fashioned dotcom-styled bubble.”

“CGC may continue to rise. As long as people believe other people will buy in behind them, CGC will have more inflation room, and there’s no indication that anyone is done with the weed bubble yet.”

“But when it comes back, boy howdy, is there a lot of room to run, based on those revenue figures. I mean, if the shorters storm the bastille, that’s some Bre-X-styled drop in the making.”

“It must be tough to be in the resource sector and watch the madness that is the weed world right now, because we know how this all ends. When everyone is overinflated, it only takes a small misstep to bring the whole thing down.”

“Which is why I’m taking my profits. Don’t be the last one off the train.”

— Chris Parry

geez Mathew, your really showing you dont understand people.
HUGE gains in that one for anyone that did know about the opportunity and understood what was happening.

There was no crap shoot Mathew.

Pot will get you thru times of no money better than money will get you thru times of no pot.

Probly best for you to stick with PMs.

Of course it was a crap shoot. PHOT went right back to .001 from .085 this year and was .80 two years ago.

Would you feel just as comfortable putting $100k into PHOT as Impact Silver? If so, you should steer clear of investing for your own good.

Wolf
Cow pasture mining stocks?
Maybe I dont know them all.
But the ones on my list are all growing now and have been for awhile and are expanding as fast as they can.

Again, I know nothing of the american market.

Mathew, you show you need to stick with PMs.
Use ta.

PHOT was the same thing as a Phospherous company I knew of in Mali. that company went up, a good company, and then “OOO NOOO” bad guys with guns came along and the price dropped to almost zero, then low and behold, the french sent their army in to chase the bad guys away (time to buy) and the price went from pennies to dollars in about a week.
No ta required,PHOT was the same thing, no ta required.
Both were common sense.

If your asking me If I would bet on PHOT now? not a chance, but 2 years ago? You bet, was a no brainer.(again, im not on american market, I was just telling people that were on the american market)

You used to go back months to find what people said nobody remembered, go find what I said, youll see.

I think it bothers you a bit ta really isnt required, it is if your trading for small % I guess, but as I said previously, Im after home runs.
Maybe the way to say it is there are other ways to trade than ta.

You didn’t answer my question and I do not believe you had a clue about the fundamentals of the company.

Thanks, but throwing darts and risking pocket change doesn’t interest me.

Mat, you dont have a clue.
No problem.
Interesting how hard you attempt to degrade something you missed entirely.

Maybe read Bobs book. Never hurts to learn somethin.

Ok b, thanks.

Oh, almost forgot, LOL 😉

B.Perhaps some clarification is needed.I am Canadian and only trade in Canada.I made a reference to cow pastures comparing the mania in Rees,lithium uranium etc. to the pot mania now where some just mention switching to the pot industry and their stocks take off.Anyone with “common sense” would understand that.

B – I’ll extend the Olive Branch (er….. Ganja Branch) to you, to take the High Road.

One of top names I hear discussed with pot stocks is Chris Parry. Much of his site and followers are focused on that sector.

“Parry is considered the preeminent expert on business opportunities in Canada’s medical marijuana sector, and is also deeply entrenched in technology and biotech, as well as the resource world. ”

http://www.equity.guru/category/marijuana/

Let’s be honest here: It’s a good old fashioned weed bubble
Chris Parry – November 15, 2016

http://www.equity.guru/2016/11/15/lets-be-honest-here-its-a-good-old-fashioned-weed-bubble/

Cannabis beer? Well, I have drank some pretty lousy beer that seems to stay in business. Maybe its good, no idea.

Ive never heard of Mr Perry, maybe he will help some people that dont understand grass.
Now you/he mentions medical, he might very well understand the medical part of it.

Now here is the secret, medical is meaningless, they gonna legalize.

They use the excuse of medical to position themselves for legalisation.

Legal sales are going to blow away any metric used to measure.
Medical is going to be such a minute % it is going to seem meaningless.

You guys dont get it, think tobacco smokers, you guys hear on the news about the little ol lady that uses pot to help arthritis, or the guy getting over a stroke or any of the multitude of ailments pot helps physical and or mental.(i need to inhale 1/10 of a gram per day for my arthritis and dont inhale so I dont overdose)

Now, think………., the last thing a guy does before going to bed is roll a joint,…….. the first thing he does in the morning is “fire it up”.
Thats a pot smoker.

Now think of the millions upon millions of smokers.

Bubble, sure, maybe….so?

Pot has been a good spot to rest cash until gold gets moving.

B the recreational use has mostly passed in the US in about eight states. While agree more than half of US citizens in these states have voted for legalization, (and I’m fine with that by the way), that movement may run into a wall with the new administration, as it is still against Federal law.

In Canada, the movement has been to legalize the concentrates, not the flower buds, and the vast focus is still on medicinal use in Canada if you’ve really been following along. It may morph into recreational but at this point that is very speculative and there are still roadblocks to that happening.

The reality is that there is already a healthy medicinal use in both the US and in Canada in cities like Vancouver. Much of that is grown in British Columbia and in the USA. If the Trump administration puts the breaks on the US growing, it will severely impact both countries.

I asked you up above about what implication this may have for the overall industry, in both countries?
_________________________________________________________________________

‘Drug War Dinosaur’ Jeff Sessions Seen as Existential Threat to Pot Industry
Donald Trump’s pick for attorney general could unravel the multibillion-dollar cannabis industry, which operates in violation of federal law.
By Steven Nelson | Staff Writer Nov. 18, 2016,

http://www.usnews.com/news/national-news/articles/2016-11-18/drug-war-dinosaur-jeff-sessions-seen-as-existential-threat-to-pot-industry

I do think overall, Canada will have a huge advantage over the US on the global scene if legalizes recreational use on the Federal level before the US does. It is interesting how the US has so many restrictions and in what you can and can not do with your own body in the “Land of the Free.” (not really so free after all)

Really, the government should have a say in taxation and importing/exporting regulations, but they should not be telling citizens what they can and can not put into their bodies electively. The “War against Drugs” has been an absolute failure, wasting insane amounts of taxpayer money, profiled certain demographics disproportionately, and paints everyone with a same broad brush. It’s been a disastrous approach for the last 50-60 years, and it seems the people, the business community, and even policy makers are finally open to a change.

My question is simply how much of a backlash will there be against these policies under the new Trump administration?

B – by the way – Chris Parry is seen as the expert in “medicinal marijuana” and I have heard his name come up from a dozen different investors on CEO that trade the pot stocks, so I know he is a go to ganja guru in the space.

I’m sure he is very aware of the initiatives to pass the recreational use in both Canada and US, but right now, LEGALLY, the only things available in Canada are the medicinal outlets. If Trudeau really makes recreational legal for all of Canada (both the concentrates, edibles, AND the flower buds), then I agree that the focus will quickly shift over to the tax revenues, and business revenues from the recreational marketplace.

It will be interesting to watch this sector go throw its growing pains, but there are clearly many companies positioning on nothing more than hope of a change. To go “All In” on a company that isn’t developed across supply/distribution channels yet is quite risky, and the market has gotten very frothy.

Think what would happen if the initiatives get blocked, changed, shut down completely. Those stocks would fizzle out suddenly and there would be no way to exit without severly damaging your portfolio.

As long as you really how incredibly speculative and frothy the sector is – then go for it. But to claim it is better to hold money in pot stocks than in cash, is a poor comparison in my opinion as investors are going to cash for safety from loss. That would be like say storing your money in BioTech stocks is better than storing in cash. They are apples and oranges. One is a super-speculative bet, the other is a move to presumed safety.

I guess my point above was that with so much “Volatility” in the Pot Stocks, then I don’t think advising investors storing money in Pot versus Cash is even in the same ballpark. Again, like storing all your money in risky Bio-tech versus Cash is also apples and oranges.

____________________________________________________________________________

Marijuana Stocks: Volatility Baked in for Now

Shares in Canadian cannabis producers soared and fell yesterday in a speculative frenzy. Then they were up again this morning. Khurram Malik of Jacob Capital Management says the advent of a large recreational market should see these stocks higher in a year’s time but during the next six months, there will probably be some alarming dips and steep rises.

http://www.bnn.ca/commodities/video/marijuana-stocks-volatility-baked-in-for-now~996957

b – after whining about nobody discussing pot stocks with you for the last 2 months, we try to have a discussion with you about the sector, and suddenly experts like Chris Parry, and the analysts that follow the sector every day that BNN brought on don’t know anything, but you have it all figured out. Spare us the ignorance….. (stems from the world ignore).

Marijuana Stock Highs Scaring Off Investors, Says Analyst

“BNN speaks with Jason Zandberg, special situations analyst at PI Financial. He says the retreat in cannabis stocks is “healthy” as the rise has gone too high, too fast. He also talks about why Canopy Growth remains his favourite in the space.”

http://www.bnn.ca/commodities/video/marijuana-stock-highs-scaring-off-investors-says-analyst~996330

I didnt read that long one, too long.
From what I did read, these guys are trying to anylaze.
I wonder if any of them ever smoked a joint?

I saw somewhere you said I didnt answer a question, I forget the question and Im not going thru that post again.

They are going to legalise in Canada, what the US does make no dif to canadian growers, the demand cant be met here much less the U.S.
These “anylisers are saying medical, they dont understand”

They must have mentioned the impacts from medical to recreational about 10 different times in the videos on those links. Their focus was about how recreational may affect the overall market, the permitting process, and how many companies may actually survive.

Clearly you didn’t put any effort or attention into what they were actually discussing.

b – You whine about people not wanting to discuss pot stocks, and then when people take the time to actually discuss the issue, you rant on and on about how much nobody knows about the topic. Ironic since you didn’t even listen to what they discussed.

Maybe this is why nobody wants to discuss this with you. (ding, ding, ding).

If you dont get my point, dont buy the shares.

If you want to listen to “gurus” go ahead.
I have heard enough “gurus”,

I am not complaining about people not talking about them, there is no one here that knows enough about the industry to have a productive conversation with, I just think an investing site might want to make their patrons aware.

If 500% profits and better and phenomenal trading while their PM stocks languish and tank is not enough to make people understand, geez nothing will.
Heck, there was one american grower that made people 1000% already.
You actually think profits are going to stop?
Its not even legalised yet.

But maybe your right, everybody that has anything to do with any of it is just “stoned” and they are all going to zero.

Pot is more liquid than gold, pot will get you thru times of no gold better than gold will get you thru times of no pot.

Nobody caught on so I figured I would be blatant.

Kinda like all the “to the moon” PM dealers.

b – do you actually read what other people reply back to you, or do you just pontificate the same points over and over without any appreciate for the time others spend addressing the points you raise?

You didn’t reply to any of the questions that Matthew and I asked you in the multiple threads up above. It would have have been much easier to ignore your posts, but I tried to have an intelligent discussion with you. (I don’t know why I bother with you though).

The BNN videos I posted with sector analysts and the Chris Parry articles all discussed the emerging RECREATIONAL market, and yet you’ve continued to repeat that anyone discussing medical cannabis doesn’t understand the recreational demand. Huh?? Your responses could only be the result of someone that didn’t read or listen to anything posted up above.

We get it, the people in the articles get it, and the people in the videos that were posted get it. Got that?

If you had put one ounce of effort or appreciation into those post you may have learned something or seen a few new Canadian companies to watch out for.

Lastly – to address what you just wrote (because I actually took the time to read what you wrote) I’m just astonished at how you are now just making up things I said:

“But maybe your right, everybody that has anything to do with any of it is just “stoned” and they are all going to zero.” – B

I NEVER said everyone that had anything to do with it was “stoned” , nor did I say they were going to zero. Show me anywhere where I posted such nonsense.

Again, I’m done discussing this with you, because you clearly didn’t read anything posted on the topic you’ve been beating the drum on for a while, or check to see if you point was understood the first 10 times you ranted on about it.

Simply amazing….

Ex, I learned many years ago that trying to reason with little b is virtually impossible. So there’s no point in wasting paragraphs on him. He’s awesome, in his mind, and you’re not going to change that.

Understood and you’re correct. I don’t know why I even try….

It’s creepy when people just start making up things they claim you said, and it’s immoral, but I responded in case others read his response back to me.

Honestly I actually thought little b would appreciate those BNN videos and the Chris Parry articles for more information on the sector he keeps banging on about. He of course didn’t read them or watch the videos because he’s an expert in his own mind, and despite the fact that they were keenly focused on the Recreational market, he continued to drone on about how people looking at Medical didn’t know anything and were missing the bigger picture. Had he bothered to invest any time learning instead of hurling stones; then he would have realized that currently those people are experts in “medical” cannabis, because that is all that has been legal up until this point, and that they are all very aware of the ramifications of the Rec market opening up. They can’t very say they are experts in recreational marijuana until those initiatives pass.

Oh well, hopefully other KER readers that may be interested in the pot stocks got some value from those posts over the weekend.

Cheers!

Yeah that’s a big list.i have to be honest time and funds limit my list to the best 4-5 I can find in each sector.

To be clear I don’t own all those, but those are the ones that have my interest. The first 6-7 I mentioned are the primary ones I have owned, traded in and out of, or am considering purchasing. Thus far there hasn’t been time in my schedule to compare the ones I like most against the others, to determine which ones may have the biggest value drivers.

One of the reasons I like throwing out multiple names, is with the hope that other investors may be more familiar with them and have information, suggestions, warnings, strengths or weaknesses to review.

There are of course many Silver companies with really nice Zinc credits too that we have discussed in the past, but I usually classify those in with Silver mining discussions.

If anyone else has any Zinc companies they like or there are ones on that list that seem most likely to outperform, please don’t keep it a secret.

Believe Nevsun should be on the list.They are now a primary zinc play for the foreseeable future.

I agree, but didn’t want to bring them up and set off a certain poster that attacks any Nevsun post. 😉

Here’s another installment of Doug Beattie’s “Zinc Mining Rambling”s:

Module 9 – Zinc Mining in Mexico
November 2016

https://www.docdroid.net/fhCs3Bc/module-9-zinc-mining-in-mexico.pdf.html

Don’t let the lefty Republicrats fool you. Being debt free is only a good thing. It’s good for the individual and mandatory for your government if individual liberty means anything to you.

I recall Doug Casey saying, years ago, that governments can raise money by stealing or by borrowing and that’s it. Doug was wrong. Governments can only steal.

A government’s ability to borrowed is based on its ability to steal in the future.

I believe that was at the end of the 90’s, in the middle of the bubble. I was young, and still waking up to just how imbecilic our national dialogue is.

Projecting surpluses out to the horizon based on a couple of unprecedented bubble years. Absurd. Yet it was taken seriously by the commentariat.

roll = role

sorry – I’m getting hungry.

But when you look at the RSI, MACD and price extension above the moving averages (on the daily chart), a significant move higher is absolutely not something I would bet on right now. No way.

Good point. I was just looking at the pattern, but that pattern just means a hard break, similar to a triangle pattern, so if the other indicators look like a turn over is in order, then it will likely be a hard move down.

GH I’ve had a similar journey with UVXY. I sold some right under $20, but held on to the rest and watched it crash. I expected the stocks to sell off on the Trump news and for there to be a bit more panic and volatility over the last 2 weeks. Got caught on the wrong side of the trade now and need an escape hatch. 😉

I don’t think we’re the only ones in that boat either….

I think you’re cherry-picking something meaningful. 😉

Seriously though, that looks pretty darn appealing to me. Considering the Dow/SPY charts, you should have some friendly action very soon.

Well, at least I’m in good company.

Thanks, Matthew.

Excelsior,
I think EMs will break out soon as the dollar breaks down. That looks to be pretty soon. There are some gaps that are close to getting filled on some EM charts. Once they fill, the worm might turn. The dollar breaking 100.72 gives me dain bramage. 🤔 Blowoff top??

I saw an article from Bloomberg a few weeks ago. It was a statement from the BIS. They said that there was a discrepancy regarding emerging market debt. And to expect exchange rates to get very volatile soon.
What I got from that is, the dollar could get hit, and some EM currencies could rally. The BIS and IMF usually tell you “what’s” going to happen, but they never say “when”. But the charts look pretty close.

The US and Europe markets are looking like they are entering the debt bubble. It’s been coming for a while and is inevitable. There’s nothing Trump can do about that. He’s going to inherit a major crash. Now the brainwashed snowflakes can blame derivatives on Trump. LOL

If the dollar does top and head down, then yes, I agree with you that it will benefit Emerging Markets and the commodity complex as overall.

My comment was based around all those that think that now that the US Dollar has broken above 101 to it 14 year highs, that it may keep going for a while, (especially in leu of a Dec Fed rate hike). In that environment, would it punish Emerging Markets even further?

If I remember correctly, in the early 2000s when the fed raised rates, the EMs rallied.

Interesting. We just hear quite often that with the rising dollar it is hurting EM economies due to the inflation they experience for the average consumer.

Are there any emerging markets areas or countries that you prefer over others?

Ex,
I like many of the smaller Asia countries. Malaysia, Vietnam, Indonesia and others. The Middle East and Africa will be good soon. But by the time they get good mining stocks will be good again. Telecom will be good in those areas, but I have no picks for that, at this time anyway.

Thanks Chartster. Interesting point on the telecom stocks in emerging markets. I still feel most comfortable with an ETF for a particular country, or a basket of countries, but I’m looking at Asia and Africa as well. There are so many (as we’ve discussed before) that I’m trying to find some where I really like the internal holdings/weightings.