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Examples of why we should help others or Meet My Grandson

Big Al
December 25, 2017

Wishing all the members of The KER Family a very Merry Christmas; a joyful Hanukah season; and, not to be politically correct but a polite person a joyful end to 1017.

I want you to meet my grandson Braden.

He is a prime example of a person who never gives up. He respects all people; works hard in school; and, is generally the epitome of what we should all strive to be.

Braden’s parents follow the same game plan and, as a result, are a credit to all of us.

I am telling you all this because we do get a lot of complaining about society within our forum. Not only from you but certainly from me!

Remember my comment within the forum earlier today:

“Very interesting comments about entrepreneurs.

I have an interesting question on this general subject. The first question is: are all people created equal? Have all people ever been all equal when it comes to ability and, perhaps even more importantly when it comes to desire to excel.

People are a product of their environment. Are there some environments domestically and internationally that are simply not conducive for personal advancement and will that every change? I was a part of an environment for 1/3 of my early life that was definitely not conducive to success in any way shape or form.

It took one individual to change the direction of my life. He and his wive over the years   did  not stop with Big Al they made a concerted effort to help as many other individuals as they could with their involvements in The Open Door Clinic in Seattle; Meals on Wheels; and, various Women’s Shelters.

Rather than complain about the “top 5%” let’s take my friend’s example and reach out to all the people that we possibly can and help them with our “time;; treasure; and, talent”!

For your benefit CFS this person is not religious, but is the best example of a “good person” than anyone else who I have known. And I am certain, that God will bless him for his actions.”

Take my family’s example and my friend’s example and create an environment to help others!

Discussion
118 Comments
    CFS
    Dec 25, 2017 25:42 PM

    I am not a Christian or a follower of Judaism. I did not say I was not religious; although you might think so. I most strongly believe (maybe even more than most Christians or Jews) in the Judeo-Christian set of moral values and ethics and in the Anglo-Saxon work ethic and beliefs in freedom and liberty.

      Dec 25, 2017 25:56 PM

      I figured that was what you were like.

      Dec 26, 2017 26:57 PM

      There is no valid linkage between Judaism and Christianity. They do not have the same God. Jesus the son of God revealed the true god father of the Jews in John 8:44. He also revealed that he is not of this world and came down from heaven therefore he is not spiritually or biologically a Jew. He left the Jews no wiggle room. Either repent and follow him and few did or keep doing what they were doing and face the consequences.

        b
        Dec 26, 2017 26:29 PM

        Wow, SR, is that ever a dif belief than my own.
        No link?
        I really see all the god of abraham religions as the same.

        I understand tho that pretty much every individual group sees themselves as unique, and I suppose they are, but to me, all the same religion, wether they face east in prayer or not.

        Just interesting how dif people are.

          Dec 26, 2017 26:20 PM

          No point in arguing this point as when a person believes something he/she REALLY BELIEVES IT.

        Dec 26, 2017 26:20 PM

        The real question here Steven is: “what are the consequences”? That is truly up to God isn’t it?

    CFS
    Dec 25, 2017 25:50 PM

    I do not believe all people are created equal either by nature or by nurture.
    People clearly have different IQs and talents, just as they have different heights and coloration of skin, eyes and hair.
    I do believe that any Government should treat all its citizens equally, without regard to sex, race or heritage.

      Dec 25, 2017 25:55 PM

      As do I

      Dec 26, 2017 26:13 PM

      Humanity is too diverse to be treated as being all the same. It would be correct to say that what is called mankind is really a collection of subspecies that should not be mixed and are at different levels of evolutionary development. Most if not contacted by Europeans would still be in the stone age and if we Europeans go extinct most will eventually revert to the stone age or something close to it. It is their nature that will overcome our nurturing. Something like a super eruption or a major glaciation combined with European extinction just might be enough to overturn civilization and all its accomplishments.

        b
        Dec 26, 2017 26:01 PM

        hmmmm, is that racist or is that just me?

        I must be reading it wrong.
        subspecies? thats hilarious.

          Dec 26, 2017 26:41 PM

          The Kodiak is a subspecies of the brown bear. How is that offensive to either bear? Black bears and brown bears are different species. How is THAT offensive to either bear?

          What do you think the word “race” is meant to replace? Could it be that bears come in many races?

            Dec 26, 2017 26:43 PM

            Meant to type: what “word” do you think the word “race” is meant to replace?

            b
            Dec 26, 2017 26:39 PM

            Is that a bear to human comparison?

            Didnt we all come from adam and eve?

            I think they may have been brown/black, so, maybe the europeans are the subspecies?

            https://www.youtube.com/watch?v=N56CSDu_ZdU The Human Family Tree

            History of the human species. National Geographic’s document.

            A little evidence to support the adam and eve story?

            Through dna we know that the people that stayed in africa remain the most genetically diverse people on the planet. All the evolvers, are basically mutants, genetically speaking. Sorta interbred, kinda inbreeding like.

            Dec 26, 2017 26:47 PM

            What’s “hilarious” is the way the left rejects anything that doesn’t further their totalitarian agenda — including science.

        Dec 26, 2017 26:50 PM

        Interesting comment, thanks Steven

    CFS
    Dec 25, 2017 25:17 PM

    If you read the Pope’s message, He recalls that the first people to see Mary and Joseph were shepherds.
    Just for the record of accuracy: Lambing in Israel typically occurs in late March and almost certainly the sheep were not being attended to by shepherds in late December.
    The date for the birth of Christ was almost certainly set in late December in about the fourth century AD (or CE) in order to supplant the Pagan celebration of winter solstice.

      Dec 26, 2017 26:20 PM

      Wouldn’t sheep any where be attended by shepherds any time of the year?
      The real indicator for the birth date would be the registration for taxation in the Roman empire for the province of Judea.

    Dec 25, 2017 25:52 PM

    An act of kindness does not only bless the life of the recipient, and bless the life of the one giving the kindness, but it has been proven scientifically, that those who observe the act of kindness have a beneficial physiological response as well.

    So, being kind and helping others is not only good for the soul, but physiologically beneficial to all who witness it too. Perhaps that is one of the temporal as well as spiritual benefits of doing good to others.

    There are opportunities all around us to bless the lives of others, but many of these opportunities are perishable as well. we should not let the opportunity to lift another go by, as we may not have the chance again with that individual.

    As far as when the Savior was born, it most certainly was in the Spring, but over the years Dec. 25 has come to be the date in which we celebrate the event. the date is not important, but remembering why and who we honor is paramount. Merry Christmas to all and especially to you Big Al, Cory and your contributors and families.

    Dec 25, 2017 25:04 PM

    God bless you, Pardu!

    Dec 26, 2017 26:15 AM

    Merry Christmas,Thanks Big Al for article
    Christ was born in the fall of year, the Jewish
    course of Abijah will show this

      Dec 26, 2017 26:23 AM

      I think John the Baptist was born on Halloween.

    CFS
    Dec 26, 2017 26:44 AM

    Ira Epstein morning
    https://youtu.be/n-0L8Sj8n4k?t=33

    CFS
    Dec 26, 2017 26:48 AM

    Meanwhile on the left coast……

    California Gets Ready To Ignite Cannabis Culinary-Arts Scene
    By JULIE WATSON – Associated Press – 16 minutes ago

    This Friday, Dec. 22, 2017, photo shows a bottle of Rebel Coast Winery’s cannabis-infused wine in Los Angeles. As the world’s largest legal recreational marijuana market takes off in California, the trendsetting state is set to ignite the cannabis-culinary scene. Rebel Coast Winery’s THC-infused sauvignon blanc is made from Sonoma County grapes, but the alcohol is removed in compliance with regulations that prohibit mixing pot with alcohol. (AP Photo/Jae C. Hong)

    SAN DIEGO (AP) — The sauvignon blanc boasts brassy, citrus notes, but with one whiff, it’s apparent this is no normal Sonoma County wine. It’s infused with THC, the psychoactive ingredient in marijuana that provides the high.

    Move over, pot brownies. The world’s largest legal recreational marijuana market kicks off Monday in California, and the trendsetting state is set to ignite the cannabis culinary scene.

    Chefs and investors have been teaming up to offer an eye-boggling array of cannabis-infused food and beverages, weed-pairing supper clubs and other extravagant pot-to-plate events in preparation for legalization come Jan. 1.

    Legal pot in states like Oregon, Washington and Colorado and California’s longstanding medical marijuana market already spurred a cannabis-foodie movement with everything from olive oil to heirloom tomato bisques infused with the drug.

    Cannabis-laced dinners with celebrity chefs at private parties have flourished across Los Angeles, San Francisco and San Diego in recent years, but a medical marijuana card was required to attend.

    With that requirement gone, the edibles market is expected to boom, though manufacturers face a host of regulations, and doctors fear the products could increase emergency room visits and entice youth. Marijuana industry analysts predict edibles for the recreational marijuana market will top $100 million in sales in 2018.

    “Californian’s culinary expertise is far more refined from college kids making pot brownies in a dorm,” said John Kagia of Frontier Data, a cannabis market research firm.

    Expect a slew of vegan and gluten-free choices and low-dose snacks from trail mixes to chocolates. And they may well be served at a gym or Pilates studio.

    “This is the dawn of the Amsterdam-style cafe in the U.S.,” Kagia said. “We expect to see spaces that are targeted to cannabis consumers that capitalize on the arts and entertainment offerings of California and really create unique and elevated experiences.”

    That includes ethnic options in a state with the largest immigrant population in the U.S.

    “Now you see all kinds of cuisines,” said Cristina Espiritu of the 420 Foodie Club, which has promoted cannabis food events in Southern California that have included everything from Mediterranean dishes to Filipino specialties. “There’s going to be infused tacos, infused burritos. I think because of the diversity and creativity in California, this is going to explode.”

    But Espiritu worries regulations could make certain aspects of the culinary experience accessible only to the elite in places like Beverly Hills.

    Kitchens for those making edibles to sell must be licensed. And organizers must pay $5,000 a year for a license to host up to 10 events, and depending on the size, they may be required to hold them at a fairground. Cities can pose additional fees and ban an event altogether.

    Regulations prohibit manufacturers from producing cannabis products for retail sale that include perishable items that could pose a health risk, such as dairy, seafood, fresh meat, or food or beverages appealing to children. It’s still unclear if those rules would apply to a chef-hosted dinner or cooking class that people have paid for.

    Edible products must be produced in serving sizes with no more than 10 milligrams of THC and no more than 100 milligrams of THC for the total package.

      Dec 26, 2017 26:13 AM

      That is certainly an interesting trend and I have absolutely no comment. God did give us free will. But then again, that same argument of free will could be applied to abortion couldn’t it, Professor?

    Dec 26, 2017 26:21 AM
      CFS
      Dec 26, 2017 26:39 AM

      The volume in cryptos in Japan is breaking all records, so there must be some that are diversifying into stocks and precious metals.

        Dec 26, 2017 26:14 AM

        I have to be honest and say that, “I still am staying away from cryptos”

          b
          Dec 26, 2017 26:09 PM

          me too, I have no need for them and I find gambling on PMs satisfies my addiction just fine.

            Dec 26, 2017 26:52 PM

            Gambling on penny stocks satisfies mine b!!

    CFS
    Dec 26, 2017 26:52 AM

    Bitcoin and India (The world’s most populated nation next decade)
    From AP 12/25/17

    Bitcoin adoption took a little longer to reach India than other major economies. Bitcoin adoption grew substantially towards to end of 2016 given that India’s Prime Minister Narendra Modi announced the demonetization of 1000 and 500 rupee notes on November 9, 2016, to combat corruption, terrorist financing, and black money.

    This move was the first step of Modi’s vision for India to become a cashless society and lead to an increase in the use of electronic payment systems. Naturally, as an online peer-to-peer payment system, bitcoin benefited from this and it was no coincidence that Indian bitcoin exchanges ZebPay, Coinsecure, and Unocoin experienced a surge in new users at this time – kickstarting India’s wave of bitcoin adoption.

    India’s Local Bitcoin Economy
    Zebpay, Coinsecure, Unocoin, Bitxoxo, and BTCXIndia are India’s five largest exchanges and enable locals to purchase bitcoin using rupees. International peer-to-peer bitcoin exchanges are also popular among the local bitcoin community as can be witnessed by LocalBitcoins’ trading volumes, which have continuously increased since mid-2016.

    With the latest rally in bitcoin, local bitcoin exchanges are seeing yet another surge in users. “Every three months our volumes have been doubling and that trend is continuing,” says Zebpay co-founder Saurabh Agrawal. Unocoin reports similar increases, reporting 5,000 new signs up per day in late November, up from 3,000 per day two months prior.

    Much like in most parts of the world, bitcoin is mainly being bought as an investment as opposed to being used as a day-to-day spending currency. However, many Indian freelancer and remote workers have started to receive their salaries in bitcoin thanks to a partnership between bitcoin payroll company BitWage and Unocoin, which has also helped the local bitcoin economy to grow.

    The Reserve Bank Of India And Cryptocurrencies
    While the Reserve Bank of India (RBI) is testing blockchain technology to improve efficiencies in its financial system, it appears that the central bank is still undecided about how it intends to regulate cryptocurrencies. To date, there has been a range of mixed statements ranging from a complete ban of decentralized digital currencies to the RBI contemplating issuing its own cryptocurrency.

    The latest news declaring the RBI’s stance on bitcoin came on December 5, when the RBI issued a statement in which it reiterated its previous warnings about the risks of investing in cryptocurrencies.

    “In the wake of significant spurt in the valuation of many VCs [virtual currencies] and rapid growth in Initial Coin Offerings (ICOs), RBI reiterates the concerns conveyed in the earlier press releases,” the statement reads.

    These warnings on the use of bitcoin have become standard among central banks around the world and despite the RBI’s more bitcoin-unfriendly comments in the past few months, no specific regulation covering crypto assets has been issued to date.

    Crackdown On Bitcoin Investors And ICOs
    While the central bank is still making up its mind about how it will manage cryptocurrencies going forward, India’s Income Tax Department has taken clear action against bitcoin users who they suspect are not appropriately taxing their bitcoin returns.

    CFS
    Dec 26, 2017 26:15 AM
    Dec 26, 2017 26:16 AM

    Oil up….silver up…gold up………

    Dec 26, 2017 26:27 PM

    Thank you Al and everyone who works on the website. best of health and wealth to you all Scott

    Dec 26, 2017 26:48 PM

    The XAU bumped into fork resistance today. Some selling of miners makes sense but I wouldn’t overdo it.

    http://stockcharts.com/h-sc/ui?s=%24XAU&p=D&yr=1&mn=1&dy=0&id=p57228571700&a=565042682

    Dec 26, 2017 26:51 PM

    The Canadian dollar is confirming the miners and is likely heading for 87-88 this year – at least.

    http://stockcharts.com/h-sc/ui?s=%24CDW&p=D&yr=0&mn=9&dy=0&id=p59299597138&a=564733790

      Dec 26, 2017 26:52 PM

      2018 not 2017.

    CFS
    Dec 26, 2017 26:58 PM

    USAWatchdog with Clif High:

    https://www.youtube.com/watch?v=DT4mP1TiH8Q

    Dec 26, 2017 26:29 PM

    The point and figure (P&F) chart price objective has flipped to bullish and is now 37.50. Among the junior miner ETFs, only Sprott’s SGDJ has turned bullish with a PO of $56.
    Fwiw, IPT never did turn bearish and still has a PO of $2.56.

    Dec 26, 2017 26:33 PM

    SILJ is up 16.3% versus SPY since the first week of December and is clearly the one to buy.
    SILJ:SPY gained 2.08% today…

    http://stockcharts.com/h-sc/ui?s=SILJ%3ASPY&p=W&yr=2&mn=2&dy=9&id=p11831430842&a=565544638

    Dec 26, 2017 26:35 PM
    Dec 26, 2017 26:49 PM

    The CDNX (TSX-V) formed a bullish engulfing bull hammer today:

    http://stockcharts.com/h-sc/ui?s=%24CDNX&p=D&yr=1&mn=0&dy=0&id=p84021827199&a=521859274

      Dec 26, 2017 26:53 PM

      Interesting CRB chart out from Goldfinger.

      @Goldfinger – “$CRB getting ready to test ‘double-top’ resistance from 2016/2017 near 196, Daily RSI-14 in sweet spot area near 60:”

      http://cdn.ceo.ca/1d45rhk-CRB_1_year_12.26.2017.png

        Dec 27, 2017 27:18 AM

        I don’t think it will have much trouble with that resistance.

          Dec 27, 2017 27:20 AM

          Agreed. Neither do I. While it has been a congestion zone, that didn’t look like a true double-top anyway, on that second attempt (which was far more prolonged back & forth than a normal spike up and smack down).

          > Usually on the 3rd attempt if the same resistance/support level gets tested, then it is broken through. I’d expect the CRB to march higher in 2018 and 2019 and more inflation shows up in the system and the US dollar continues to weaken.

    CFS
    Dec 26, 2017 26:05 PM

    There is some indication the Israel was just given six AGM-129 ACM cruise missiles, each loaded with a W8-1 variable yield warhead. ? courtesy C.I.A.
    An unprecedented power outage occurs at the busiest airport in the world (Atlanta). Despite the airport having backup generators for just this occasion that mysteriously somehow went out at the same time. Minutes before the blackout, a cargo plane from Mexico City arrives at the airport. Due to a special customs arrangement, it is not boarded by security or customs officials. Then approximately 5 hours later, despite all flight having been ordered grounded by both the cities mayor and the FAA, the flight leaves for its next destination.
    The plane in question 4X-ICB, is a cargo plane that arrived in Atlanta from Mexico City at 1:00 PM, just literal minutes before the alleged power problems began to make the airport go dark. The plane would then go on to leave for its next destination at 6:27 PM, right in the middle of the blackout that ran from about one to midnight.

    (There is no confirmation that this accumulation of isolated pieces of information is correct.)

    Dec 26, 2017 26:15 PM

    This would be a great time for gold to have a good week, and I think it will…

    http://stockcharts.com/h-sc/ui?s=%24GOLD&p=W&yr=5&mn=9&dy=0&id=p07324919491&a=480746762

    Dec 26, 2017 26:58 PM
    Dec 26, 2017 26:58 PM

    Copper has gone up for 14 days in a row. I doubt that it has more than one day left…

    http://stockcharts.com/h-sc/ui?s=%24COPPER&p=D&yr=1&mn=1&dy=0&id=p98286139844&a=483740982

    Dec 26, 2017 26:11 PM
    CFS
    Dec 26, 2017 26:44 PM

    FCX has gold and Copper

    CFS
    Dec 26, 2017 26:44 PM

    Meanwhile in Asia, is China breaking agreements with US and UN sanctions on N.Korea?

    http://www.zerohedge.com/news/2017-12-26/us-spy-satellites-catch-chinese-ships-illegally-selling-oil-north-korea

    Dec 26, 2017 26:06 PM

    Here’e a guy who put his $300,000 life savings into bitcoin because his buddy Nate told him to. Now he’s crying because he didn’t know that volatility is a double edged sword. He’s moving back to his mom’s house and doesn’t know what to do with his BC but he does know that it’s all Nate’s fault.
    Oh yeah, he also bought himself a $50,000 watch for Christmas.

    This valedictorian who apologizes for using big words is the face of bitcoin. He represents all the geniuses who know better than all the old guys with decades of experience in investing. The likes of Bob Moriarty, Peter Schiff, and even Jamie Dimon clearly just don’t get it. (LOL)
    https://www.youtube.com/watch?v=qjKOWqIxZho

      Dec 26, 2017 26:25 PM

      What a tragically comic video, of a guy that put ALL of his life savings into a crypto at the height of a frenzy, and then cries about having to sell his $150,000 car for $50,000 and then comments that he can’t live in his penthouse overlooking LA because it is expensive. Sadly, I believe we’ll start seeing more stories like this, but it isn’t like Bitcoin went to $0 and it was back up around $16,000 so his reaction is over the top, and he shouldn’t be investing his own money at all if he is going to react that like that to his first shakeout.

      This is exactly why going all in at one time is one of the worst ideas, and it is much safer buying in tranches (especially in highly volatile stocks). Now in this case Bitcoin may bounce back and surpass $20K heading to $40K or $60K before this ascent is over, which would bail this crybaby out.

      “They’re’s a sucker born every minute”

        Dec 26, 2017 26:27 PM

        Correction (sorry I’m tired and need to rest before doing any more typing)

        “There’s a sucker born every minute”

          Dec 26, 2017 26:28 PM

          Analyst: Bitcoin Price Could Surpass $60,000 in 2018, Short-Term Momentum Gained

          Joseph Young – December 26, 2017

          http://www.newsbtc.com/2017/12/26/163645/

            Dec 26, 2017 26:32 PM

            The Christmas Crypto Correction – What Really Happened

            James Crypto – December 25, 2017

            http://jamescrypto.com/the-christmas-crypto-correction-what-really-happened/

            Dec 26, 2017 26:37 PM

            How the Tether (USDT) distribution system works.

            “Exposing how Bitcoin and Dash users are unwittingly being exposed to HODL worthless Tether Tokens via unregulated centralized exchanges and in wallet Lock(TM) features!”

            “The basic claims made in this article:”

            – “Many accuse Bitfinex of manipulating BTC price by using unbacked Tethers to buy BTC.
            – Bitfinex own and control Tether.
            – Tethers (USDT) are not 1to1 backed by USD < 10%.
            – Bitfinex and Tether do not have reliable Fiat banking partners.
            – Tethers are unwittingly / unknowingly held by thousands of people in wallets via Coinapult Lock(TM) feature.
            – Bitfinex et el refer to USD instead of Tether.
            – The bank at the centre of DASH and Bitfinex is Cryptocapital which is not a Bank!
            – Cryptocapital are unlicensed and uninsured, using entities as banking partners who are known criminals and scammers.
            – CryptoCapital offer services to many exchanges and are the same people behind Coinapult.
            – Coinapult claim to Lock BTC or DASH to USD, which is actually unbacked Tether USDT.
            – Coinapult Lock(TM) is incorporated into the Mycelium wallet as well as DASH, Safello and many others.
            – DASH have incorporated the unreliable fiat banking solution provided by the people behind Coinapult / Cryptocapital.
            – Roger Ver is very knowledgable about Tether despite claiming not to be since being an investor of Coinapult, Safello and Kraken all connected to Coinapult.
            – EXTERNAL TETHER AUDIT is planned for 2 Jan 2018!
            – EXTERNAL USD AUDIT is planned for 6 Feb 2018"

            https://medium.com/@untetheredbtc/how-the-tether-usdt-distribution-system-works-84a5c673bec0

            Dec 26, 2017 26:16 PM

            Bitcoin @ $16,817

            Ethereum @ $786

          Dec 26, 2017 26:43 PM

          Is it legal to shut down a Bitcoin exchange while the price is falling?

          One of the biggest Bitcoin exchanges could get hit with lawsuits after halting trading for two hours.

          https://theoutline.com/post/2779/coinbase-bitcoin-trades-shut-down-price-cryptocurrency-exchanges

            Dec 26, 2017 26:48 PM

            Meet ‘Picasso’, the Painter on GDAX.

            Dec 23, 2017 – Bitfinex’ed

            “For a while now, I have been monitoring activity on Coinbase/GDAX, along with Bitfinex. I originally watched GDAX off and on during suspicious activity back in May, and have been recording GDAX activity along with Bitfinex for the past several months.”

            ‘ ‘Picasso’ is a trading bot that I believe is painting the tape on Coinbase, this bot may in fact be working with, or is Spoofy, but because he’s using a different strategy, I decided to give him another name.”

            “The name ‘Picasso’ is because he’s essentially, painting the charts for Bitcoin however he damn well pleases. This is why I believe TA is pointless with Bitcoin, and crypto-currencies in general.”

            “Take note though, while this is a bot on Coinbase/GDAX, this does not necessarily mean the bot is being ran by Coinbase/GDAX.”

            “I do believe this bot may be associated with, or may be Spoofy. Perhaps shifting his strategy after I exposed ‘Spoofy’…”

            https://medium.com/@bitfinexed/meet-picasso-the-painter-on-gdax-c478ff8f50e5

        Dec 27, 2017 27:28 AM

        He’ll never get bailed out because he doesn’t understand buy low sell higher, he thinks bitcoin will only keep going up, selling alludes 90% of novice investors. Lots of luck chump, chumps must take their lumps in order to understand the process. DT

          Dec 27, 2017 27:03 AM

          Agreed. The statement was even made by computer programmer John McAfee that there would be no more corrections in Bitcoin and that it WAS different this time and it would only go higher and higher.

          So when chumps, buy at a peak all in one lump, then yes they need to take their lumps when it does correct, (like what we saw before Christmas).

          Again, if he just hung on and hadn’t cried and lost his marbles on the first correction he experienced, then he be mostly OK now as Bitcoin is still north of $15K. (he’s only have lost 25% – unless he bought on margin like a dumba$$ and got that margin called).

            Dec 27, 2017 27:06 AM

            Check out this post from a crypto traders feed (Steven Nguyen) and his issue with the system being down while his margin was getting called.

            Surprise! Welcome to the risks and volatility of trading using margin.

            I’m sure we’ll hear about plenty more stories like this from traders using margin to trade the highly volatile cryptos. A SIGN OF THE TIMES……. Seasons Greetings.

            http://cdn.ceo.ca/1d3qqvu-unnamed.jpg

        Dec 26, 2017 26:07 PM

        Bastion of Financial Stability Is Now Home to Marijuana Startups and Bitcoin Miners
        By Natalie Obiko Pearson , Kristine Owram , and Danielle Bochove
        December 22, 2017

        “When Hive Blockchain Technologies Ltd. was looking to tap into the cryptocurrency fervor by going public, Canada’s junior stock exchange was the obvious choice. The bar for listing was low. Retail investors, used to the rise and fall of penny stocks, were eager for the next hot thing. To help ensure a spectacular debut, Hive paid online promoters more than $750,000 plus options to sing the stock’s praises.”

        “Our top stock suggestion for the history books!” gushed Daniel Ameduri, president of Future Money Trends LLC, which was paid to recommend Hive. “Quarterly filings from Hive could end up being big events, much like when Apple discloses its quarterly iPhone sales.”

        “It all worked like a charm. Vancouver-based Hive, a cryptocurrency miner backed by mining maverick Frank Giustra, more than tripled on its first day of trading and would soar as much as 2,157 percent. It hit a market value of C$1.9 billion ($1.5 billion) last month, making it one of the largest blockchain-related companies anywhere.”

        “Canada, a bastion of financial stability with some of the world’s soundest banks, has become a launchpad for the next big thing — from lithium stocks to 80 marijuana start-ups and now bitcoin miners. The easy listing rules on the country’s junior exchanges have sparked some early-stage winners like Hive and made quick millionaires as stocks soar.”

        https://www.bloomberg.com/news/articles/2017-12-22/bitcoin-marijuana-stock-crazes-take-root-in-canada-s-wild-west?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo

          Dec 26, 2017 26:50 PM

          Former FDIC Chair: Why we shouldn’t ban Bitcoin
          Sheila Bair 17 hours ago

          https://www.yahoo.com/finance/news/former-fdic-chair-sheila-bair-shouldnt-ban-bitcoin-141019569.html

            Dec 27, 2017 27:55 AM

            This Awaken with JP guy always cracks me up and he nails it on Bitcoin sarcasm once again.

            _____________________________________________________________________________

            Bitcoin – Ultra Spiritual Life episode 86 #VIDEO

            https://www.youtube.com/watch?v=g-zIbVEjVpQ

          Dec 27, 2017 27:34 AM

          Hive paid online promoters more than $750,000 plus options to sing the stock’s praises.”, ….Frank might want to save some of that cash for his lawyers……….since, Trump is out with Executive order.http://www.zerohedge.com/news/2017-12-27/new-trump-executive-order-targets-lobbyists-clinton-linked-individuals-and-perhaps-u………..JMO

            Dec 27, 2017 27:36 AM

            Wait tell the Haiti deal gets uncovered………….

            Dec 27, 2017 27:37 AM

            tell to till

            Dec 27, 2017 27:08 AM

            They mentioned in that article that some have voiced concerns that HIVE didn’t fully disclose all their promotional expenditures. Again, with Frank G. and Frank H. behind the company, they’ll be plenty of promotion…. 🙂

          Dec 27, 2017 27:03 AM

          Ex, I think it is time to forget about the bubbles and concentrate instead on the mergers in the junior miners. You are the Whizz Kid, or should I say The Wizard, but not The Whizzer, when it comes to this information. LOL! DT

            Dec 27, 2017 27:32 AM

            Thanks DT. Yes I expect a bevvy of M&A activity here in 2018.

            > For Gold miners in West Africa I believe Orezone, Hummingbird, and Roxgold are on the menu. In addition maybe Savory Gold or Sarama Resources will get scooped up by a company like Teranga to consolidate assets on the Hounde belt. Someone could move on Cardinal Resources as well. In East Africa the obvious takeover target is Orca Gold.

            – I could see Falco & Minera Alamos getting grabbed by Osisko.

            – Anaconda Mining and Monarques Gold both make interesting targets for later in the year, but I hope they both run first.

            – Pure Gold is likely up for grabs this year as an advanced development project.

            – Sabina Gold & Silver is going to get bought out in the next year or 2.

            – Primero will sell it’s San Dimas mine this year.

            – I’m still shocked at where Jaguar Mining is trading relative to most other mid-tier miners, and it used to be a $6 stock in the previous cycle with a worse share structure back then. A larger mining company could really hit the motherlode by acquiring them.

            – A larger company may make a move on Klondex in 2018. It’s the only one left from my previous list of (Claude, Lake Shore Gold, Crocodile (who became New Market, Richmont, and Klondex).

            – Entree Resources could get taken out this year (maybe even by Sandstorm)

            – There is some interesting takeover potential in Nevada for a mid-tier or Major to grab some quality assets like Corvus, West Kirkland, Northern Empire, Comstock Mining, etc…. (maybe someone will scoop up & optimize Scorpio Gold?)

            As for Silver – the obvious choice is for Dolly Varden to get taken over. Silvercrest and Defiance also look like low hanging fruit for a larger company to move on.

            Brixton may sell one of their properties for a pretty penny after exploring/developing it further, and/or have a takeover on 1-2 projects and then spin out the other projects into a “newco”.

            If a company was smart they’d jump on Santacruz Mining now, while the price is cheap, they divested 3 properties this year to pay off their lingering debt, and have 2 mines where they are optimizing the operations to bring down the costs.

            – Golden Arrow may get taken over by SSR Mining at one point due to their advanced JV going into production.

            In the Zinc space I believe we’ll see the following companies in the targets of larger companies this year: Vendetta Mining, Tinka Resources, Canada Zinc Metals, Callinex Mines (if they can do a bit more drilling), and possibly Fireweed Zinc later in the year.

            Copper – too many to list but there are about 200 companies and we could likely merge 20-50 out of those into larger mash-ups.

            In Uranium, Lithium, Cobalt we’ll likely see a few more mergers to consolidate the Jrs into larger companies. I’ll be looking for those opportunities throughout the year.

            There are more, but that’s a good list to look at for starters….

            Dec 27, 2017 27:14 AM

            Thanks for all your hard work, I will keep this post on the burner. DT

            Dec 27, 2017 27:19 AM

            Osisko is a very attractive miner for a larger shark, they better be careful of the higher end of the eating machine. I have seen too many companies like them get complacent and think that they are safe and “Pop goes the weasel”, they are gone. DT

            Dec 27, 2017 27:11 AM

            DT – Cheerio and let the Mergers and Acquisitions begin !!!

    CFS
    Dec 26, 2017 26:38 PM

    What’s his problem?
    Cryptos are volatile. No one should go 100% in at one time. Don’t use leverage with this volatility.
    Don’t put in more than you can afford to lose.
    HODL if you are a long term investor, and then pull out your original stake after a double, so you are playing with house money.

    It is almost impossible to have lost this last year, Unless you were stupid, and even then you had to be really stupid.

    CFS
    Dec 26, 2017 26:47 PM

    The first alt-coin I mentioned in this blog (a couple of weeks ago) was Cardano , then at about 12 cents. It is now at 42 cents….a triple in a couple weeks is not a loss!

    And this alt-coin still has a lot of good development in the works, which bodes well for 2018.

    Dec 27, 2017 27:42 AM

    Nat Gas………….just blew through the roof………..
    http://www.zerohedge.com/news/2017-12-27/and-you-thought-bitcoin-was-volatile

      Dec 27, 2017 27:43 AM

      Your heating bill may have just exploded over 300%…

    Dec 27, 2017 27:45 AM
      Dec 27, 2017 27:46 AM

      Independently-controlled cryptocurrencies such as Bitcoin, Ethereum and Litecoin may or may not survive in the long run, but blockchain technology is definitely here to stay.

      This technology has revolutionized how digital financial transactions are conducted, and it was only a matter of time before the big boys began to adopt it. Previously, I have written about how the Washington Post is hyping something known as ‘Fedcoin’, but Fedcoin does not yet exist.

      Dec 27, 2017 27:49 AM

      Gold is up 9 of the last 10 days, at its highest since early Dec and testing its 100DMA… ($1292)

        Dec 27, 2017 27:09 AM

        Great point, and hardly anyone has noticed. What a hated sector 🙂

          Dec 27, 2017 27:31 AM

          sneaking up, while no one noticing… 🙂

            Dec 27, 2017 27:32 AM

            bit on the bottom by a bitcoiner………..

            Dec 27, 2017 27:11 AM

            Once bit, twice shy…. 😉

    Dec 27, 2017 27:56 AM

    No questions asked………
    The Paradise Papers’ key findings summarized:

    Reveals offshore interests and activities of more than 120 politicians and world leaders, including Queen Elizabeth II, and 13 advisers, major donors and members of U.S. President Donald J. Trump
    Exposes the tax engineering of more than 100 multinational corporations, including Apple, Nike and Botox-maker Allergan
    Reveals tax haven shopping sprees by multinational companies in Africa and Asia that use shell companies in Mauritius and Singapore to reduce taxes
    Shines a light on secretive deals and hidden companies connected to Glencore, the world’s largest commodity trader, and provides detailed accounts of the company’s negotiations in the Democratic Republic of the Congo for valuable mineral resources
    Provides details of how owners of jets and yachts, including royalty and sports stars, used Isle of Man tax-avoidance structures

    Dec 27, 2017 27:58 AM
    Dec 27, 2017 27:08 AM

    ‘If we’re attacked, we’ll die together,’ a 16-year-old anti-mining activist told her family. But when the bullets came, they killed only her

    By Kate Linthicum Dec 27, 2017 | Mataquescuintla, Guatemala

    “Controversy came to her community in 2010 when a Canadian mining company called Tahoe Resources bought El Escobal silver deposit for more than half a billion dollars. Located on about 250 acres of former farmland in a small town called San Rafael las Flores, just a few miles from Mataquescuintla, El Escobal had never been mined but was believed to contain one of the world’s largest caches of silver, along with deposits of lead, zinc and gold.”

    “As Tahoe sought a license from the Guatemalan government that would allow it to start pulling ore from the earth, some locals fought back. They complained the environmental impact report commissioned by Tahoe didn’t adequately assess all the risks to the region, and said the company hadn’t properly consulted with community members — though the company said it had thoroughly evaluated the impacts and had won popular support….”

    http://www.latimes.com/world/la-fg-environmental-activists-guatemala-20171227-htmlstory.html

    Dec 27, 2017 27:14 AM

    Drunk on Crypto

    by @Goldfinger on December 27, 2017

    https://ceo.ca/@goldfinger/drunk-on-crypto

      CFS
      Dec 27, 2017 27:32 AM

      So cryptos are probably in a bubble. BIG DEAL, that says nothing.

      Why don’t these experts in their own minds talk about important things:

      e.g. If you believe the bubble will burst……When.
      What will cause the bubble to burst, etc.

      I, as an idiot , speculating in the crypto market am:
      1. Making sure I have numerous exits open to me, not just coinbase.
      2. Have made my estimate on when to start exiting, based on psychological thoughts and total market capitalization, not price of any particular crypto valuation.
      3. Am watching governmental statements on cryptos like a hawk.

        Dec 27, 2017 27:01 AM

        The valid point that @Goldfinger was rising was that the lady he went to the workshop to see was in a state of euphoria and by completing 1 online master class, she was now gathering more investors together as an “expert” and advising people that they can’t lose. That is the danger of this irrational exuberance.

        CFS like you said – you positioned earlier on, and are taking the appropriate protective measures because you are a seasoned investor. Most of the Johnny-come-lately investors jumping in now, have little to no investing acumen, and that is why some of the tragic stories posted above, where investors are getting wiped out, are just starting to trickle in.

        For those to lazy to click on the link above from the “Drunk on Crypto” piece, here is the part that should make people take pause to consider where things are at:

        _______________________________________________________________________

        “Well as it turns out the “expert” bought James Altucher’s “Crypto Master Course” and had proclaimed herself to be a cryptocurrency expert overnight as a result of this new found education from another self proclaimed cryptocurrency expert.”

        “I soon realized that our expert knew about as much as I did about cryptocurrencies, however, she was armed with a dangerous amount of ignorance regarding markets and a breathtaking level of overconfidence.

        ** Here are some catch phrases which I managed to jot down while listening to her presentation (I am not making this up, she really said this stuff):

        “You can’t lose if you buy a coin under a penny.”

        “Buy any crypto on the top 100 list that is below $1.00”

        “It’s like Apple back in the early days except you’ve got 50 potential Apples.”

        “Ripple could be worth way more than $100.”

        “The spring is going to be a happy time for us.”

        “The absurdity of the evening reached its height when one of the attendees asked our expert if Ripple could really hit $100. I attempted to offer that if Ripple reached $100 it would mean its total market cap would be in the several trillion dollar area in an attempt to add some common sense to the discussion. Our expert quickly chimed in that Ripple could not only easily reach $100, but it could rise far above $100!!”

        “The world is drunk on crypto and everyone is passing around the bottle. It’s ridiculous. Only in a largely unregulated sector with euphoric “we can’t lose, we can only win” sentiment could we ever see such ridiculous Ponzi schemes as Bitconnect and USI Tech proliferate and prosper at such a breathtaking pace that even the Ponzi creators themselves are blown away by their own success.”

        “This is going to end badly, very badly, very very badly. But it’s probably not going to end just yet. I’m thinking we need to see this shit get really insane first, maybe something like $2 trillion in total crypto market capitalization, everyone is in, yes I mean everyone, even Trump.”

        “Then it will come crashing down and play out similarly to the Nasdaq bust of 2000-2001 (a few of the best cryptos will survive and eventually become permanently entrenched as part of the world while the rest will end up on deadcoins.com).”

        “People are so drunk and blinded by greed that it doesn’t matter how much they make on the way up, they will lose it all and then some on the way down.”

        Dec 27, 2017 27:08 AM

        Re: “So cryptos are probably in a bubble. BIG DEAL, that says nothing.”

        I disagree and have to laugh at that comment. Cryptos being in a bubble is a very big deal for most crypto cultists. They don’t believe it and they will be destroyed as they buy the dip (crash).

        There was nothing wrong with Goldfinger’s article.