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More Market Shakiness With Metals Buying Time

Cory
April 7, 2018

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Another volatile week for US equity markets when the metals sector more or less yawns at the moves. More tariff and trade wars talk but when you dig down the dollar amount is less than a rounding error. There was also continued weakness in the tech sector with questions continuing to mount focused on privacy. We touch on all of these topics on this week’s show.

Thanks you to everyone for tuning in this weekend! Please email me directly (Fleck@kereport.com) with any stocks or comments you would like to hear some comments on. For all the golfers out there, I hope you enjoy the Master!

  • Segment 1: Bryon King kicks off the show with the comment that majors cutting costs do not help grow the overall sector.
  • Segment 2: John Kaiser sheds some light on the diamond sector and how the blockchain technology could provide some comfort for investors and consumers.
  • Segment 3: With funding for resource companies at low levels we get an update from a Company that is cashed up and just closed an oversubscribed financing. Walter Coles, CEO and President of Skeena Resources joins me to outline the Phase 2 drill program that is underway.
  • Segment 4: Jesse Felder wraps up the show with a look at the tech sector and how Facebook and Amazon could have their underlying business models upended with regulations.
  • Segment 5: Dr. Jerome Corsi again discusses his book which has become a bestseller Killing The Deep State the Fight to Save President Trump.
  • Segment 6: Tax Attorney Rebecca Walser JD and CFP believes that Between the plays for bonds and gold money will exit the market putting downward pressure on stock prices.
  • Segment 7: Russ Warner of Converous discusses the importance of truth in the American political system.
  • Segment 8: Michael Stumo CEO of The Coalition fopr a Prosperous American discusses the real trade issues facing America.

Segment 1

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Segment 2

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Segment 3

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Segment 4

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Segment 5

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Segment 6

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Segment 7

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Segment 8

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Discussion
236 Comments
    Apr 07, 2018 07:33 AM

    Thanks for the weekend show as always fellas.
    Much appreciated.
    Cheers.

      Apr 07, 2018 07:51 AM

      As always back to you Skeeta with a big you are certainly welcome!

        Apr 07, 2018 07:09 PM

        Al, thanks for bringing Dr. Corsi back. I can’t wait for Obama, Susan Rice, the Clintons, Lynch, Mueller, Comey, et al to be executed for high treason. I quit Facebook long ago and have never used a cell phone or Twitter. All I know is what I read at Breitbart, Drudge report, Fox news, WSJ, and the kereport. I saw Sec. of State James Baker in the park yesterday. I almost asked him if he had seen the photo of George H.W. Bush standing in front of the Texas State School Depository at the moment JFK was shot. Some say Bush was part of E.Howard Hunt’s CIA hit squad in Dallas that day. The deep state took out JFK. Bush was made director of the CIA by gerald Ford and is a deep sate creature, which is why he voted for Hillary and calls Bill Clinton his son. Let’s pray the deep state does not take out Trump.

          Apr 09, 2018 09:09 AM

          Obama, left office with $45Million, Clintons in excess of $150million…….where is the money….Bush, I bet made $billions……..all good on a $400,000 salary …..what a life.

    Apr 07, 2018 07:30 AM

    CFS:

    This is going to come as a shock but even some Jews are starting to recognize what cold blooded murder on the part of the IDF looks like.

    http://www.unz.com/article/israel-just-lost-american-jews/

      Apr 07, 2018 07:45 AM

      And for everyone else on the board who lack the balls to speak up in the face of evil.

      If Israel gets away with shooting 750 unarmed peaceful protestors in one day, just what do you think is going to happen in the first peaceful protest in the US a day after the banks close?

      Israel is sending a message. If you don’t think it is aimed at you, you are wrong.

        Apr 07, 2018 07:54 AM

        Morning Bob,

        I do appreciate your on-going comments. In the example you gave above, it is difficult to rationalize the action that you are referring to.

          Apr 07, 2018 07:10 AM

          For all practical purposes, if Adelson says the capital of Israel moves to Jerusalem, it moves to Jerusalem, if he says the peace process is dead, it is dead. If he says shooting 750 people in the back running from you is ok, what is Trump going to do when the US has large peaceful protests.

          Frankly in my lifetime I cannot recall 750 protestors ever being shot in one day.

            Apr 07, 2018 07:17 AM

            Actually, I cannot either.

            Regarding the longevity of the peace process, the only comment that I can make is that I certainly hope that it is not dead. But, then again it is very tenuous at this moments in time and that is perhaps my understatement of the day.

            I would appreciate some comments from the other folks on our site today.

            b
            Apr 07, 2018 07:17 PM

            I think there is a bit of a misunderstanding, wouldnt surprise me if Bob and others have noticed it and just havnt said anything, or maybe I missed it.

            imo the misunderstanding comes in the belief a peace process is actually happening. or, was ever happening, maybe with Arafat around but from what I can tell, its simply been a genocide.

            Slowly with alot of BS thrown in so the supporters of Israel can delude themselves into a clear conscience.

            Apr 07, 2018 07:04 PM

            b, unfortunately you last sentence is very true.

            GH
            Apr 08, 2018 08:57 AM

            ‘Peace Process’ is just a Zionist propaganda term, no good faith behind it.

        Apr 07, 2018 07:14 AM

        Bob,

        Just out of curiosity, what odds do you give of the bank closures in the near future.

        I personally, have enough faith in what is happening currently in the economy of our country that this even will not happen on a very large scale.

          Apr 07, 2018 07:20 AM

          Al:

          It should have happened 10 years ago. We had a conversation and I said they were 15 minutes from collapse and in retrospect we learned that I was pretty close. We don’t know when, we just know what.

          But getting away with murder does nothing but encourage more and I am staggered by the lack of comment by any of the “leaders.”

            Apr 07, 2018 07:34 AM

            You make a good point regard the”lack of commitment.

            Regarding the banks,10 years ago was 10 years ago and today is today We have an interesting economicenvironment currently if the satistics are to be believed. Perhaps a closureof the banks is now less than it was in the past.

      GH
      Apr 07, 2018 07:15 AM

      From the article:

      “The American Jewish love affair with Israel is over. We are going to see more and more outright signs of the breakup in the discourse and in our politics too in coming years.”

      About time. But it’s just a start of a much larger, needed process. What do I mean? See my posts at the link below.

      Al, I replied in depth to your query yesterday.

      http://www.kereport.com/2018/04/05/michael-stumo-ceo-coalition-prospersous-america-discuss-important-issues-international-trade-facing-america/

        GH
        Apr 07, 2018 07:18 AM

        Even the criminal Jewish element will disavow and distance themselves from this, because they really don’t want to attract so much attention that more people start getting curious about real Jewish history versus criminal Jews’ propaganda..

          Apr 07, 2018 07:24 AM

          To Late………..The fake jew is out of the bag…………

            Apr 07, 2018 07:27 AM

            The Vatican might be the next in question……….just saying…..

            Apr 07, 2018 07:46 PM

            OOTB first of all you have to realize that I do not know what the context of your comment is.

            Apr 07, 2018 07:29 AM

            Going back to the article 1832 , the Pope took out a loan from the Rothchilds…..wikie it to believe it………..

            Apr 07, 2018 07:34 PM

            OOTB, I don’t know anything about the circumstances. All I can say is that was a long time ago and things do change.

            Apr 07, 2018 07:07 AM

            Birth Name: Mark Elliot Zuckerberg

            Place of Birth: White Plains, New York, U.S.

            Date of Birth: May 14, 1984

            Ethnicity: Ashkenazi Jewish

            Apr 07, 2018 07:10 AM

            His faith is Ashkenazi……..TONY…….

            Apr 07, 2018 07:19 AM

            This has nothing to do with his Faith……more ….of a connection to other things….

            Apr 07, 2018 07:05 AM

            Zuckerberg is an American.
            His religion is the Jewish faith.

            Apr 07, 2018 07:32 AM

            I always thought your nationality is where you were born or emigrated to and taken anew one..
            America – American
            Mexico – Mexican
            Canada – Canadian
            Israel – Isralie

            The religion you choose to practice or were born into – same thing.
            Judaism – Jew
            Catholicism – Catholic

            Pretty straight forward. You can practice whatever religion you want in your country.

            GH
            Apr 07, 2018 07:49 AM

            Are you responding to me, Tony? If so I don’t understand the connection.

            If you haven’t seen my ongoing comments, you may be confused about where I’m coming from as well…

            Apr 07, 2018 07:08 AM

            GH,

            I could not get into the site without giving up personal information. Do you have any thoughts on that?

            Apr 07, 2018 07:21 AM

            Tony:

            And of the dual national neocons, just who do they obey?

            GH
            Apr 07, 2018 07:28 AM

            Al,

            If you mean the punishment of war criminals one, I don’t have access either, but the title and intro paragraph make the point.

            I hope you find time to look into my commentary from here, though:

            http://www.kereport.com/2018/04/05/michael-stumo-ceo-coalition-prospersous-america-discuss-important-issues-international-trade-facing-america/

            GH
            Apr 07, 2018 07:28 AM

            oops. just saw your response below.

          Apr 07, 2018 07:59 AM

          Probably, but as OOTB mentions below (or above depending where my post falls) it really is too late.

            Apr 07, 2018 07:05 AM

            Proverbs 12:25 Anxiety in a man’s heart weighs him down, but a good word makes him glad.

            Apr 07, 2018 07:41 PM

            Thanks OOTB your comment could not be more timely for me at this moment in time. I will definitely use a lot more good words today. I know that that action will make me glad.

            God bless you, Jerry!

            Apr 07, 2018 07:12 AM

            Gentlemen,

            The question of Judism being a race or a nationality always makes for interesting discourse. Regarding Zukerman, not knowing the man I am not sure what I would label him other than an American because at least his citizenship provides a conclusive statement.

            Apr 07, 2018 07:19 AM

            Al……..You will know them by their fruits……

            Apr 07, 2018 07:42 PM

            Thank you OWL……appreciate that very much…..and God bless you…..

          Apr 07, 2018 07:33 AM

          For those who might think my reaction is over the top, here are some thoughts from someone else.

          Government can’t keep spending the way it is, but they can’t cut the spending for fear of violent revolt.

          It seems an impossible quandary; but government figured out a solution: WAR.

          If the US can get into a M A J O R war – perhaps even a short nuclear war — the fighting would kill-off large numbers of these cash hand-out recipients!

          If the cash handout recipients are DEAD, they don’t have to get paid anymore ! ! ! !

          That’s why we see the US picking a fight with both Russia and now, China. The government NEEDS a big war to kill-off the “useless eaters.”

          Now, in a big war, what are the first big targets? Cities.

          And where are the largest numbers of people getting free cash handouts and benefits? Cities!

          So if we start a war which gets several large cities nuked, the number of people paid by government drops suddenly and dramatically. Even better, with so many cities smashed to hell, the government can turn to creditors and say “Sorry, we can’t pay you back the $21 TRILLION – we have no hope of doing it, so write-off all that debt! The Creditors would have no choice. Problem solved.

          You folks who are on welfare and the like, and who live in major cities, should prepare for YOUR end. Your government has to kill you because they can’t afford to pay for you to live and eat on their money anymore.

          http://halturnerradioshow.com/index.php/opinion-editorial/hal-turner-commentary/2343-overview-of-the-world-let-s-talk-about-why-china-most-of-the-rest-of-the-world-is-f-cked-we-re-evolving-into-a-global-superpower-with-no-global-interests

            GH
            Apr 07, 2018 07:13 AM

            A few of my own thoughts along the same lines from the other day:

            On April 5, 2018 at 2:16 pm,
            GH says:

            Is the onslaught on Gaza intended to incite hatred for Israel?

            The puppet masters seem to be orchestrating a global conflict, whipping up tensions between the US/NATO and Russia; creating global hatred for the US because of its constant warfare, reinforced by Hollywood’s portrayal of its racism and white supremacism; equally, generating hatred for Israel through its perennial criminality; fomenting Islamic terrorism and igniting the Islamic world in war…

            The Skripal incident, with all of the spiralling diplomatic repercussions? A transparent farce that a 10-year-old could see through, for what?

            William Engdahl expressed the belief that Trump was put into office to put the US on a war footing, because it is currently not capable of winning a war with Russia or China. But is the intent to win the war? The US has been looted, and also seems unlikely ever to submit to gun control. So Americans can’t be slaughtered the way they were in Russia or China…but they may need slaughtering, if the NWO is to be put in place. If so, a civil war or a war with Russia or China could serve the purpose.

            With Bolton in place, has there ever been a better setup for just blundering into a devastating conflict? Given Putin’s many years of impeccable conduct (as far as I know, notwithstanding Western media lies), if he is finally goaded into response by some outrageous US act, and it escalates, who will blame Russia? And given the new weapon systems Russia has developed, how will it work out for the US?

            Is Putin the stable, responsible statesman that he appears? The USA better hope so, because if he is a deep-cover representative of the globalist/communist/judeo-masonic mafia, then the US is in very big trouble.

            America is sleep-walking into disaster.
            Reply to this comment

            On April 5, 2018 at 2:26 pm,
            GH says:

            On the other hand, if Putin is what he seems, then the aforesaid mafia must be terrified.

            Secrecy and deception may be their most powerful weapon, but with the advent of the internet their multi-century crime-spree is becoming obvious to more and more people.

            One way or another, things are coming to a head. I’ll say by the bottom of the US dollar cycle, ~2025.

            I imagine the insanity and deception will only continue to escalate. Those preaching hatred, whatever the direction, will be part of the problem, not the solution. Rooting out the criminals, and destroying the systems of control and exploitation that they have built, has to be the goal.
            Reply to this comment

            On April 5, 2018 at 7:05 pm,
            Nigel says:

            Why does anyone want to have war when it’s so obvious nobody can win it – we all lose, well we’ll all probably be dead anyway
            Reply to this comment

            On April 6, 2018 at 7:11 am,
            GH says:

            It is certainly not in the interest of most.

            But those who own the arms companies? Those who finance them and the wars they are used in? The media that promotes it all?

            What the nature of the conflict will be, I don’t know. But they are clearly stirring it up, surely to further increase their power.
            Reply to this comment
            On April 7, 2018 at 8:17 am,
            GH says:

            “Why of course the people don’t want war. Why should some poor slob on a farm want to risk his life in a war when the best he can get out of it is to come back to his farm in one piece? Naturally the common people don’t want war: neither in Russia, nor in England, nor for that matter in Germany. That is understood. But after all it is the leaders of a country who determine the policy and it is always a simple matter to drag the people along, whether it is a democracy or fascist dictorship, or a parliament or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked, and denounce the peace makers for lack of patriotism and exposing the country to danger. It works the same in any country.”
            ~Hermann Goering

            –To be perfectly clear, it seems to me that a rabid strain of globalists is looking to promote global conflict in order to take advantage of the resulting chaos to usher in their NWO, with digital cash, total surveillance, militarized police, etc.
            Reply to this comment

            Apr 07, 2018 07:16 PM

            GH,

            I believe that I responded to your comments. I have been on our Forum since about 9 a.m. and I feel that today’s and the one yesterday refering to lie detection are a couple of the most thought prooking we have ever had.

            Apr 07, 2018 07:37 AM

            Your logic is more than a little interesting, Robert!

        Apr 07, 2018 07:57 AM

        I just spent a fair amount of time going over you comments of yesterday. A lot of interesting material there.

        GH, between you and Bob, I am starting to examine this situation much more closely than I have in the past.

        We are at a very precarious point in our history as exemplified by Michelle Obama’s comment identifying people who voted for Trump. (I found her comments to be very hateful and short sighted.

        GH, we are definitely in a struggle for the continuation of our way of life. I view this struggle as truly being “good vs. evil” As a white Christian, i am being painted as an evil person who is not a Christian who follows the commandments of Jesus (The Proclamation of the KIngdom is a great example) but who is an “insane Catholic who follows only the edicts of the Pope)

        I am really sick and tired of being mislabeled by folks like Michelle Obama and many white progressives.

        We must not lose this civil war. The stakes are simply too high.

          Apr 07, 2018 07:02 AM

          Al, do not worry…….evil does not win…….Revelations……1:3…..You are Blessed.

            Apr 07, 2018 07:16 AM

            Interestingly enough Jerry, I am currently involved in a very serious study of Revelation with my Bible Study Group. I have read the next and am immersed in the Study Guide.

            This study certainly does give me optimism.

            Apr 07, 2018 07:24 AM

            Does your study group think it applies to the christians….or the jews……

            Apr 07, 2018 07:26 AM

            Al, do not answer the above, ….just think about…..

            Apr 07, 2018 07:37 PM

            Perfectly appropriate for me to answer your question because we discuss that topiic constantly. All of us have read The Old Testament and we all respect the views of religous Jews. Notice that I said religous Jews.

            We respectfully disagee with the Jewish faith because we do belive that the Mesiah has come.

            Many of the principals disussed by Jesus do appy to many non Chrstians. For example “The Proclamation of the Kingdom”. “Love your God above all else and love your neighbor as you love yourself”

          GH
          Apr 07, 2018 07:37 AM

          I agree, Al.

          A few final thoughts.

          1) Studying, uncovering the true narrative of the past couple centuries is key to preservation of our culture. Letting the mass media define it–and warp it–for us, is insanity.

          2) I believe there is a war against all of us, as I say waged by a mafia that blends into Judaism, Christianity, and Islam, atheism, etc. Their modus operandi is to get us all blaming each other. So I say that in the growing crisis, those that preach hatred, no matter in which direction, will be part of the problem, not the solution. But likewise, so will be those who advocate letting bygones be bygones for criminals.

            Apr 07, 2018 07:24 PM

            If you have ever read Revelation, it would be obvious to you that the other side is represented by the “forces of evil” and that God (Goodness and Love) will win in the end.

            GH
            Apr 07, 2018 07:11 PM

            I like that thought, Al. I’ll have to look into Revelation.

            Apr 07, 2018 07:00 PM

            If a reader tries to make Revelation more than it is he/she will just get confused.

            Apr 07, 2018 07:23 PM

            Letting bygones be bygones for criminals is simply insane!

            Apr 07, 2018 07:51 PM

            Revelations is written to the Jews…in the end times…..

            Apr 07, 2018 07:56 PM

            All scripture in the KJV, is inspired WORD, but, is not always taking to Christians

          GH
          Apr 07, 2018 07:37 AM

          R.e. Catholics, Al, it not an area that I have yet focused my attention. I hear some concerns and criticisms that may well be valid. But even if so, that the institution may be imperfect is not justification for attacking Catholics. Almost all of us have had the wool pulled over our eyes in many ways.

          Have you heard of Bella Dodd?

          https://www.amazon.com/School-Darkness-Bella-V-Dodd/dp/1621382923/ref=sr_1_1?s=books&ie=UTF8&qid=1522344352&sr=1-1&keywords=bella+dodd

          It stands to reason that the Catholic Church, and Christianity in general, has been indidiously sabotaged by Communists linked into the Luciferian conspiracy, with a campaign of defamation and defilement.

            Apr 07, 2018 07:09 PM

            My hard core comment about Catholicism GH is that the organization is ismply one of various “clubs” I personally consider myself by my thoughts and actions to be a simple Christian with no animosity towards any of the other faiths or “clubs” as I call them.

            Apr 07, 2018 07:33 PM

            Grace…..vs…..Law…….

            Apr 07, 2018 07:02 PM

            Most folks don’t understand that concept, Jerry. I believe that you and I do.

            GH
            Apr 07, 2018 07:14 PM

            That matches my own views, Al, though I’m not a churchgoer.

            Apr 07, 2018 07:59 PM

            So what if you are a church goer or not as long as you have good views. Remember “when two or three are gathered in my name”. Then, you have to define the word “gathered”.

            Apr 07, 2018 07:20 PM

            I just ordered the book as it sounds like a good read. Thanks, GH

            Apr 08, 2018 08:59 PM

            Al:

            The book of revelation is about the ultimate battle between good and evil.

            There is nothing saying the US and Israel are on the side of ‘good’ and obviously they are not. We may soon pay for our sins a lot quicker than anyone imagines.

          Apr 07, 2018 07:04 PM

          I read with extreme interest all of the comments above, which seemed to get rolled into one. I am talking aobut the one from GH; Negel; myself; and, others. Some of your logic as it appears in you comments is staggering because it really makes a lot of sense if one’s thoughts are in that directon. I particularly found the comment about Putin to be very interesting.

          Folks, the blog today makes sense and may cause Big Al to lose sleep tonight.

        Apr 07, 2018 07:35 AM

        That break up would be in vogue since everything seems to be breaking up today—EU, Eurozone, the U.S., etc. The established is moving toward being “unestablished; unipolar power to multipolar power. We live in a time of massive upheaval and change.

      Apr 07, 2018 07:11 AM

      I read the article, Bob, thank you for posting it. I certainly cannot approve the act of the Israelis that we are discussing here.

      I will be doing some work this week getting opinions from “Christians for Israel” and others. I will be very curious as to what some of these organizations have to say and, at this point, I have absolutely no preconceived notions. Will be an interesting exercise for me.

        Apr 07, 2018 07:45 AM

        Well, you know what happens when you throw oil on a Muslim/Jewish fire… Yup, the oil companies fund the protest to pave the way for more drilling. Drilling on that big beautiful oil deposit found in Gazza a few years ago.

          Apr 07, 2018 07:48 AM

          yep……then the Fed prints more money………. LOL

          Apr 07, 2018 07:17 AM

          Isn’t that the truth Chartster. Here are the “moneychangers” again.

            Apr 07, 2018 07:47 AM

            Start with the MONEY……..the love of money , is the root of all evil……..and the Money Changers /Fed/Pretend Fake are the beginning of evil.

            Apr 07, 2018 07:21 PM

            Jesus did bring our attention to that, OOTB.

        Apr 08, 2018 08:04 PM

        Al:

        The opposite of approving the actions of Israel is to denounce them. You could always do that if you actually thought shooting over 1100 protestors was a bad thing. I’m thrilled you haven’t approved but I would think you a lot more Christian if you actually took a stand against it.

      GH
      Apr 07, 2018 07:10 AM

      Lot of good comments below the unz.com article.

      I have to agree with the majority there–Weiss is dreaming. The Israelis have been committing atrocities for decades. So for those pundits and media outlets who just now are starting to speak out are far more likely to be doing so as damage control, than out of any sincere change of heart.

      Still, fear of a backlash is useful, too. If more people would speak out, a solution could be found.

        Apr 07, 2018 07:18 PM

        Because of the backlash from the majority of society, most people are reluctant to voice an opinion. Kind of like discussing politics and religion. Sad but true!

          GH
          Apr 07, 2018 07:20 PM

          Indeed.

          “Princes had, so to speak, turned violence into a physical thing but our democratic republics have made it into something as intellectual as the human will it intends to restrict. Under the absolute government of one man, despotism, in order to attack the spirit, crudely struck the body and the spirit escaped free of its blows, rising gloriously above it. But in democratic republics, tyranny does not behave in that manner; it leaves the body alone and goes straight to the spirit. No longer does the master say: “You will think as I do or you will die”; he says: “You are free not to think like me, your life, your property, everything will be untouched but from today you are a pariah among us. You will retain your civic privileges but they will be useless to you, for if you seek the votes of your fellow citizen, they will not grant you them and if you simply seek their esteem, they will pretend to refuse you that too. You will retain your place amongst men but you will lose the rights of mankind. When you approach your fellows, they will shun you like an impure creature; and those who believe in your innocence will be the very people to abandon you lest they be shunned in their turn. Go in peace; I grant you your life but it is a life worse than death.”
          ― Alexis de Tocqueville

            GH
            Apr 07, 2018 07:25 PM

            “In America the majority raises formidable barriers around the liberty of opinion; within these barriers an author may write what he pleases, but woe to him if he goes beyond them.”
            ~Alexis de Tocqueville

            I” know of no country in which there is so little independence of mind and real freedom of discussion as in America.”
            ~Alexis de Tocqueville

            “All those who seek to destroy the liberties of a democratic nation ought to know that war is the surest and shortest means to accomplish it.”
            ~Alexis de Tocqueville

            Apr 07, 2018 07:56 PM

            de T was a pretty smart man. I need to read more of his ideas.

            Apr 07, 2018 07:58 PM

            I don’t know about a life worse than death as long as free will exists, GH!

            GH
            Apr 07, 2018 07:29 PM

            A bit dramatic, perhaps.

            He was French, you know 😉

    Apr 07, 2018 07:11 AM

    A Hot Mess

    by @Goldfinger on April 5, 2018

    “The GDXJ is essentially unchanged since the open on November 25th, 2016 – the sector has just experienced more volatility including 3 sizable rallies and 3 equally sizable declines during this 16 month time period.”

    “Trying to make sense of the market’s day-to-day gyrations (particularly in the junior gold mining sector) is a fool’s errand, and about the only market timing tool which has worked well in the miners recently is to play sentiment extremes i.e. buy when sentiment is extremely depressed and sell when sentiment is becoming overheated.”

    “At this point I’d agree with Bogle that the daily motions of the junior gold miners are like a tale told by an idiot, we’re just missing the sound and fury part…”

    https://ceo.ca/@goldfinger/a-hot-mess

      Apr 07, 2018 07:18 AM

      Ditto on the HOT MESS…………..

      Apr 07, 2018 07:24 AM

      Ira Epstein’s Metals #Video (4/6/2018)

      * Commodities, Technical Analysis, Gold, Silver, Copper, Platinum

      https://www.youtube.com/watch?v=lVvI0trTfWg

        Apr 07, 2018 07:29 AM

        Battle of The Superpowers, Is This Round Two or Three

        April 6, 2018 – Gary Wagner #Video #TechnicalAnalysis #Gold $INDU #Dow #Silver

        https://thegoldforecast.com/video/battle-superpowers-round-two-or-three

          Apr 07, 2018 07:32 AM

          Gold & Silver Price Update – April 4, 2018 + What Drives Gold Prices?

          iGold Advisor – Apr 4, 2018 #VIDEO Macro thoughs & #TechnicalAnalysis

          https://www.youtube.com/watch?v=wm9hlDC50mk

          Apr 08, 2018 08:26 AM

          The Next Bull Market Move Interview – Rick Rule, President and CEO of Sprott U.S. Holdings Inc – April 2018

          by @bullmarketmove – April 8, 2018

          https://ceo.ca/@bullmarketmove/the-next-bull-market-move-interview-rick-rule-president-and-ceo-of-sprott-us-holdings-inc-april-2018

            Apr 08, 2018 08:36 AM

            From the Next Bull Market Move interview above with Rick Rule:

            _______________________________

            NBMM – “I have a few quotes from Benjamin Graham that I’d like your opinion on.”

            RR – “Please note that I’m pre disposed to fan boy reactions when it comes to Ben Graham.”

            * “The intelligent investor is a realist who sells to optimists and buys from pessimists.” – Benjamin Graham

            RR- “Perhaps a little cynical, albeit not wholly inaccurate. Graham himself focused on absolute value, and often bought companies that were so illiquid that there was seldom anyone to sell too.”

            * “Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.” – Benjamin Graham

            RR – “This goes to investing discipline, and the triumph of process over emotion. Understanding your own durable competitive advantage, in the same way that you understand the value thesis offered up by the companies you invest in is the ultimate determinant of your success.”

            * “The stock investor is neither right or wrong because others agreed or disagreed with him; he is right because his facts and analysis are right.” – Benjamin Graham

            RR – “More often than not, a better entry point is obtained by being right when others are wrong, or when they just don’t care.”

            NBMM – “Your current thoughts on Gold and the junior Gold mining stocks?”

            RR – “Gold performed well in 2017, and importantly did so when confidence was high and volatility low. If those circumstances were to change, gold might reasonably expected to do very well. Looking a bit longer term, my thesis is that the US treasury market bull run has topped out, which could be very bullish for gold. The gold stocks under performed in 2017, mostly I believe, because they out performed the year before.”

            “Most people forget that bull markets are the authors of bear markets, and vice versa. My belief is that gold equities will have a good year this year, both because the metal has done fairly well, and also because expectations surrounding the gold equities is so negative.”

      GH
      Apr 07, 2018 07:27 AM

      I just reviewed my precious metals charts, and to my eye they look great.

      I caught the bottom in December, but missed the top, and sold on the bounce. Have watched PMs fibrillate sidways for 2 months, got back into 3 weeks ago. Not exactly a comfortable position, but my stop was never triggered, and the charts never turned bearish to my eye.

      I think the wait is about to pay off. It would be just like the precious metals sector if Lucy pulls away the football next week, but I would be surprised.

      http://schrts.co/m9XopJ

        GH
        Apr 07, 2018 07:29 AM

        back into *jnug* I meant to say

        Weekly GDXJ

        http://schrts.co/hMrv8H

          Apr 07, 2018 07:11 AM

          Lots of compression energy building into that GDXJ wedge / triangle as it oscillates back and forth in a tighter and tighter range. My bets are placed on a breakout later this year in the PM miners, but either way the move out of the pattern is going to have some energy behind it.

        GH
        Apr 07, 2018 07:32 AM

        GDXJ is on the verge of making a major ‘higher low’ versus the S&P500.

        http://schrts.co/jn6Yg4

        I’m not calling a nominal top in the general stock market here, but gold shares are already the place to be versus the general markets.

        GH
        Apr 07, 2018 07:42 AM

        Junior/midtier gold miners look good vs the majors, which is bullish for the sector:

        GDXJ:GDX

        http://schrts.co/7eqJnx

          Apr 07, 2018 07:35 AM

          Agreed. A number of midtiers have been doing well since the Dec 2017 breakout at the end of tax loss on the FOMC rate hike day. Companies like Resolute Mining, Teranga Gold, Superior Gold, Northern Star, St Barbara, Perseus, etc…. have been steadily climbing while many investors moan about gloom and doom in the sector.

          This is the whole point about being diversified into different sub-sectors and then when one outperforms, one can trim profits and invest more into the one’s that may have under-performed for their eventual catch up.

        GH
        Apr 07, 2018 07:46 AM

        Likewise, GDXJ looks good vs gold:

        http://schrts.co/xntxjZ

        I’m expecting a tradeworthy bounce here, at least, though I still think the entry for the Big One is more likely mid-summer for a fall takeoff.

          Apr 07, 2018 07:41 AM

          Makes sense to me. Thanks GH.

      Apr 07, 2018 07:40 AM

      (JAG) (JAGGF) Jaguar production remains static despite progress

      By: Richard Quarisa – March 29, 2018

      “If you turn back the clock a little over two years, the mine itself had no less than 50,000 ounces in reserves and little to no mineral resource runway in front of it,” Jaguar CEO Rodney Lamond says in a telephone interview with The Northern Miner.

      “Jaguar then began exploring the downward plunging extension of its known orebody at Pilar. Its work led to a 227% increase in its measured resource and a 104% increase in its inferred resource. As of December 2017, Pilar contains 974,000 proven and probable tonnes grading 3.99 grams gold per tonne for 125,000 oz. gold. It also contains 3.7 million measured and indicated tonnes grading 4.37 grams gold for 532,000 oz. gold with another 2.3 million inferred tonnes grading 5.69 grams gold for 433,000 oz. gold.”

      http://www.northernminer.com/news/jaguar-doubles-production-at-one-gold-mine-while-losing-production-at-another/1003795081/

        Apr 07, 2018 07:05 AM

        I’ve been waiting patiently for a break in price for Jaguar and it’s starting to happen. The price is headed for 25-30 cts. I might consider purchasing some then unless the technicals at that time tell me the price is going lower yet.

          Apr 07, 2018 07:26 AM

          WHAT DID ALL OF YOU THINK ABOUT THE INTERVIEW WITH REBECCA IN SEGMENT 6. I FIND HERE TO BE A BREATH OF FRESH AIR. AT LEAST FOR KER POLITICS WHICH I THOROUGHLY LOVE!

          Apr 07, 2018 07:15 AM

          Thanks for the JAG price targets Doc. I have a nice position in Jaguar that I’ve been building on since late 2015 and early 2016 and have swing traded around the position selling the rips and buying the dips since then. If it pulls back down in the high $.20’s I’ll definitely be adding as well, because they have really done a great job of turning around the Exploration work to feed their mines and extend the mine life as well as reduce their costs, and fundamentally they are one of the most under-rated mining Mid-Tiers. Also the putting Roca Grande on care and maintenance is really a good thing as they are going to do exploration work around it and optimize that mine to bring it back into production like they just did with Pillar and Turmalina. They also still have their Paciência Gold Mine Complex on care and maintenance to work on optimizing after that. Lots of future value drivers to play out as Gold prices rise later this year and into next year.

      Apr 07, 2018 07:32 PM

      Glimmers Of Hope For Uranium Miners

      John Cumming March 28, 2018 – Volume 104 Number 7

      http://www.northernminer.com/news/editorial-glimmers-of-hope-for-uranium-miners/1003795038/

        Apr 08, 2018 08:06 PM

        Loading of nuclear fuel assemblies begins at Oi plant’s No. 4 reactor

        Jiji – APR 8, 2018

        “The operation to load 193 uranium fuel assemblies stored in a spent nuclear fuel pool into the No. 4 reactor will be completed by Wednesday.”

        “Kansai Electric aims to restart the reactor sometime in mid-May.”

        “The Oi No. 3 reactor, reactivated on March 14, is continuing preparations to shift into commercial operations mode. Unless any problems are detected in an NRA inspection, the reactor will start commercial operations as early as Tuesday.”

        https://www.japantimes.co.jp/news/2018/04/08/national/loading-nuclear-fuel-assemblies-begins-oi-plants-no-4-reactor/#.Wsp1ZS7wY-U

    Apr 07, 2018 07:17 AM

    Price Discovery in Bitcoin

    April 7, 2018 – by Ben Carlson

    “While institutional asset allocators still haven’t warmed up to the idea of investing in crypto, the big change that happened in December was the rollout of futures trading.”

    “It’s uncanny how the start of a futures market in this space coincided with the peak of the price following the holiday surge in November and December:”
    The prevailing wisdom at the time was that futures trading was going to be the catalyst for the next leg higher. But before futures were available there was no simple way for traders to short bitcoin.”

    “Short sellers often get a bad rap but they play an integral role in the functioning of the markets. They help set prices. They call out fraud situations. They provide balance. Short sellers can be abusive at times but that’s true of many types of investors. Shorting is often a thankless job since most markets move higher the majority of the time.”

    “I wouldn’t recommend short selling to ordinary investors because it’s probably the most difficult investment strategy there is but those professionals who focus on this style of investing do provide healthy market dynamics on the whole.”

    http://awealthofcommonsense.com/2018/04/price-discovery-in-bitcoin/

      Apr 07, 2018 07:20 AM

      BItCON, is going to get Crazier…..With Soro entering the picture………..JMO

        Apr 07, 2018 07:22 AM

        Yes, It get’s crazier every week…..

          Apr 07, 2018 07:37 AM

          The Empire Strikes Back, Part 2: India Pulls The Plug On Cryptos

          April 5, 2018

          “As bitcoin and its thousand or so cousins evolve from novelty to threat, the existing monetary system is reacting pretty much as evil empires tend to, with coercion and co-optation. This week it’s India:”

          https://dollarcollapse.com/crypto-currency/empire-strikes-back-2-india-pulls-plug-cryptos/

            Apr 07, 2018 07:37 AM

            EX:

            There are now 1704 cliptocurrencies. It wouldn’t matter what any government does, that’s so stupid that they all have to crash to near zero. This is not an investment with anything real behind it.

            There may be something in one or two or thee but the best way to find them is to kill them all and let god sort them out.

            Apr 07, 2018 07:25 PM

            The term “God” coming from you, Robert? You never cease to amaze me, my friend!

            Apr 07, 2018 07:48 AM

            Agreed Bob M. Most of the 1704 altcoins and hot money schemes will return to their intrinsic value of $0, but there will be a few that survive, adapt, evolve and thrive.

            Ever since the pin popped the bubble in Nov/Dec of last year, the great sorting process has been underway to find any cryptos that could represent a utility in modern life, and have a technology platform of miners to support the transactions.

            A relief rally in a few of the larger names is overdue, but most of the crypto sector is a farce.

            Apr 07, 2018 07:20 PM

            If you want to read an excellent and true account of a too good to be true investment opportunity, you must read “Red Notice” which I am curretly reading with our Book Club.

            Apr 07, 2018 07:27 PM

            Thanks Big Al. I may check out the book “Red Notice” sometime, but the market is so filled with “too good to be true” investments that I feel we are surrounded by them in everyday life. Cheers!

            Apr 07, 2018 07:44 PM

            It is not a book about advice but a true story. I cannot put it down.

            Apr 08, 2018 08:57 AM

            I do enjoy a good page-turner…. and appreciate the heads up.

            Apr 08, 2018 08:51 AM

            Al:

            That’s god with a small G.

            Apr 08, 2018 08:41 AM

            I certainly did notice that.

            By the way, what is you opinion of my posting today from Trump.

        Apr 07, 2018 07:51 AM

        Soros knows Bitcoin is toast. He just said that to take the stool pigeons coin.

      Apr 07, 2018 07:22 AM

      Death and Taxes and Crypto Wars — Issue No. 19

      Your dose of crypto news and analysis from @BTO and @Goldfinger

      “The unfortunate side-effect for those who arrived late to the crypto party — and those who dumped their crypto wealth into now-tanking alt-coins, or forgot to set aside some fiat to pay the taxman — is this:”

      “With US tax day around the corner (April 15), Lee predicts a return to the black thereafter.”

      > Let’s see how some of the major cryptos fared overall (close UTC time last Friday to today):

      Bitcoin trading around US$6,890, down -3.8% on the week
      Ethereum trading around US$370, down -6.1% on the week
      Bitcoin Cash trading around US$606, down -12.9% on the week
      Litecoin trading around US$113, down -4.3% on the week
      Stellar trading around US$0.19, up +2.4% on the week
      Dash trading around US$286, down -7.9% on the week
      Monero trading around US$164, down -5.0% on the week
      Ethereum Classic trading around US$13.19, down -8.3% on the week
      ZCash trading around US$175, down -7.6% on the week

      https://ceo.ca/@bto/death-and-taxes-and-crypto-wars-issue-no-19

        Apr 07, 2018 07:00 PM

        WHO IS SATOSHI NAKAMOTO, WHERE IS THE ONE MILLION BITCOIN AND MORE IMPORTANT PSYCHIC INSIGHTS by Michelle Whitedove\

        Despite the change from decentralized to centralized, people want to know who created Bitcoin and Why. But there’s another equally compelling question, “What happened to the founders’ one million Bitcoin?”

        Who: Psychically I see Satoshi Nakamoto and want to release this info to the world and put to rest the rumors about who Satoshi is. The name, Satoshi Nakamoto was created to conceal the creators identity. And for good reason. To say this new technology would’ve brought undesirable attention to the founders is the understatement, they would have been jailed. Yes, I said, FOUNDERS with an “S”. Satoshi Nakamoto is a group of mixed nationality Asians – they are cool cats, mostly young brainiac coders. I see a core group of seven with a few subcontractors. Of course this leads to other questions like: Are they still involved in Bitcoin? Will any of the founders help in Bitcoins further development? I’ll answer those questions in a moment, but for now, onto the “Why.”

        http://www.michellewhitedove.com/blog/2018/4/6/2018-who-is-satoshi-nakamoto-psychic-insights

    Apr 07, 2018 07:37 AM

    Jesse Felder is always, always a good listen! Thanks Cory.

    Apr 07, 2018 07:39 AM
    Apr 07, 2018 07:00 AM

    I just wonder how Trump is going to get a deal with North Korea now that he has got China upset. They won’t want to co-operate at all. China may start a war with Tiawan to get the island of Formosa back. If The Chinese start to lose jobs from this trade war as will the states, their population will become restless and The Chinese will be looking for a foreign entanglement to stifle opposition at home. DT

      Apr 07, 2018 07:29 AM

      Mr. Tracy,

      What are your thoughts about what Michael Stumo has to say? I personally agree with him.

        Apr 07, 2018 07:11 PM

        Al, Michael Stumo is right The United States should be pursuing strategic trade rather than free trade and end the globalist trap The US finds itself in.That is going to take a complete reversal of the pendulum. One needs to go back to a time when America was prosperous. Turn back the clock to the 1920’s when Calvin Coolidge was in The White House. America had a very small government at all levels. They were a creditor nation not a debtor nation, and their foreign policy was nationalistic, American citizens first. During these years America used financial penetration to influence it’s foreign policy not the military. Michael Stumo mentioned the successful countries in regards to strategic trade, they were South Korea, Japan, and Germany. All three of these countries have no regards for foreign intervention, they all venerate the business life and the role of the businessman in their society. America was like that one hundred years ago when they didn’t allow foreign goods to pass the high tariff barrier but instead reconciled the problem of having too much money by allowing their citizens to travel and spend freely abroad because they were successful as a nation.
        Having Trump the businessman is a big leap forward for The United States. Business most be seen as an almost godly institution in order to become a strategic trader. There are other changes that can be made like building the right trade colleges in sufficient numbers and promoting skilled occupations, and that wealth should not be seen as a detriment for employment in public office. The businessman must be allowed to wear his halo proudly. DT

          Apr 07, 2018 07:14 PM

          Business most should be must!

      Apr 07, 2018 07:27 PM

      Mr T, I don’t believe based on my past experience that the Chinese are that stupid. They are almost emotionless when it comes to serious decision making.Remember is worked closely with a Chinese group for 22 years.

        Apr 07, 2018 07:51 PM

        Al, you worked with Chinese people in The US but not with their totalitarian government that will do whatever it takes to maintain power. This has nothing to do with personal contacts this is about what might happen when you have a one party, one ruler system, with no term limits and how they will handle staying in power. That is something completely different. DT

    Apr 07, 2018 07:57 AM

    For those of you who are busy digesting the apologies from Cheryl and Mark, here’s where they would really like to go: https://www.cnbc.com/2018/04/05/facebook-building-8-explored-data-sharing-agreement-with-hospitals.html

    Apr 07, 2018 07:50 PM

    Yobit crypto exchange; They let you deposit and trade cryptos, but try to withdrawal them out.

    https://twitter.com/LitecoinFork/status/981155019125817344

      Apr 08, 2018 08:49 AM

      According to site after site online the Yorbit crypto exchange should be avoided. There were stories of investors with funds locked up in wallets that had not been updated, they could not pull their funds out or get any technical support. This is the shady side of crypto exchanges that rarely gets highlighted.

      _____________________________

      Yobit Exchange – Latest reviews on CryptoCompare

      https://www.cryptocompare.com/exchanges/yobit/reviews/BTC

    GH
    Apr 07, 2018 07:13 PM

    This is just shocking, to me:

    https://newrepublic.com/article/120370/five-graphics-show-why-post-white-america-already-here

    What culture voluntarily assents to becoming a minority in its own land??? One that has been brainwashed, deceived, distracted, lulled into complacency.

    I have lived the multicultural experiment, living the past 12+ years in a developing country, as well as living in majority black and majority eskimo areas of the US prior to that (after having grown up in one of the whiter areas of the US). I have witnessed one ethnic group overrun another first hand. I’ve also worked in the environmental conservation field, so I may be more familiar with the iLLiberal mindset. Maybe this gives me some insight that most don’t have into some of these culture war issues, I don’t know.

    But in the course of my studies, as I uncover all this information, I find it more than a little concerning, and feel a responsibility to point it out. Do others know about this stuff? Do people talk about it? I’m sure the mass media doesn’t, and the majority of people don’t because they been conditioned to fear that doing so would make them a despicable racist, or at least that they would be tarred that way.

    Anyway, there is a lot to recommend the international lifestyle, not least because it is highly educational and gives one some insight into questions of culture, and an additional vantage point from which to interpret ones’ own culture that would be hard to gain any other way.

    Nonetheless, I’m sure the usual suspects would shout me down with their usual slurs over what I have to say. (Americans–get over it! Who cares if some jerk calls you a racist, antisemite, etc., sexist, etc.? Time to stop tolerating the BS.)

    A certain level of exchange is natural and beneficial. But the waves of migration we are seeing are refugees from preventable poverty and violence. Mass mixing cultures on this scale is insanity. Different cultures hold different values, react differently to the same words or situations. It takes constant effort to understand each other.

    And what about the endemic corruption in most Latino countries? They have no tradition of governance like the American tradition, and their legal system is based on the Napoleonic code rather than the British system. Has their growing to 18% of the population strengthened our traditions as a Constitutional Republic, or even as a democracy? What about Asians and Africans? Why the mania to mix such disparate cultures?

    It’s too stupid to be stupid.

    Those who want to portray this as racial hatred can blow it out their bugles.

    Clearly there has been a plan to turn whites into a minority in the US, just as Coudenhove-Kalergi dreamed for Europe. Look into the 1965 Immigration and Nationality Act, and who the political pushers were, and you’ll know who wants whites to be a minority in the US. Coudenhove-Kalergi’s ‘spiritual nobility of Europe’.

    Wouldn’t we would do better to focus on resolving the racial issues we already have than creating more? What do Native Americans think of opening the floodgates for immigration as has been done?

    I have always lamented the ugly history of America’s treatment of the native Americans, and I believe it is still a festering problem which needs a true solution. But notwithstanding the ugly history, the culture that replaced that replaced them has as much a right to defend itself as does any. Though frankly, I’m not sure what is to be done at this point. Awareness is a start.

    In the big picture, this is about rolling back the American culture that believed in Constitutional Republic, individual rights, limited government, and free markets. And it’s just about been accomplished.

      GH
      Apr 07, 2018 07:21 PM
        Apr 08, 2018 08:49 AM

        GH – Very interesting thoughts to consider in your post up above and you made a number of good points and observations on the deliberate culture clash and abnormally large waves of immigration into Europe and North America from the Middle East, along with growing immigration (legal and illegal from Africa, South America, and Asia).

        The countries that most refugees are fleeing have much different concepts on the rule of law, morals, gender/race/religion equality, and do not hold in as high of esteem the concepts of a Constitutional Republic, individual rights and liberties, free markets, and a limited government.

        This mass immigration may be partially encouraged by those that want a large nanny-state government to replace things and a growing segment of the population that will vote for their ideologies. this latest Guatemalan train of 1,500 refugees had George Soros funded Catholic groups in Latin America and Mexico sending buses/food/media to assist, and border guards were mysteriously missing at most checkpoints, so the whole narrative stinks to high kickback.

        Having said that, much of the mass migration story is also symptomatic of people that are just looking for opportunity at all costs and fleeing areas that are very unstable and unsafe. It is hard to blame people for wanting to better their lot in life, provide a safer place to raise their children, and be more free to express themselves.

        There are supposed to be orderly immigration policies and quotas as to how many new citizens can flood into a given country, but the desire to have sanctuary cities, “open boarders”, and give everyone that sneaks into the concert a free pass, aren’t helping to maintain some level of continuity in the institutions of government, business, and philosophy that are the foundation of how the Western world raised the quality of life for the vast majority of their citizens.

        Europe is starting to see this in spades with certain areas that are under entirely different kinds of ethnic/religious laws and the larger laws of the EU are completely ignored, and not enforced. North America is starting to see the shifting dynamics, but soon the tension will reach a level that bubbles over, and the concern would be a harsh tyrannical ruling party putting in place a forceful Marshall Law to quell the masses and outbreaks.

        It will be interesting to see how things change over the next 2-3 political elections at the federal level in the US, Canada, Mexico, Cuba, Puerto Rico, and how things develop in the European Union, Great Britain, Australia, and New Zealand. More and more the waves of migrants from the Middle East, Africa, South America, and Asia will be changing the dynamics.

        Until then enjoy the present moment and Carpe Diem.

          Apr 08, 2018 08:04 PM

          It is a double-edged sword though on trying to maintain a positive culture and work with various minority groups to find common ground. The reverse situation of a terrible form of nationalism is seen all through Africa at present, especially in South Africa, the DRC (Congo), and in Zimbabwe.

          In Zimbabwe where they started to disregard the rule of law, and let their ethnic hatred of the white minority go off the rails, they started murdering, stealing, raping from the small white minority population with no consequences or rule of law. As a fallout from this they created a terrible business environment, destroyed the related industries and job markets, and introduced a far more sinister government under Mugabe all under the guise of “Black Empowerment” or “indigenisation”.

          Now, in desperation, the people of Zimbabwe are still in a mess, and the chickens are coming home to roost for Mugabe…..

          ______________________________________________________

          More Artisanal Miners Invade Grace Mugabe’s Farm

          Valentina Ruiz Leotaud | about 3 hours ago

          “The panners are also quoted as saying that what they are doing follows under the indigenisation policy that former president Robert Mugabe introduced and that since they are Indigenous people, they should be allowed to mine. They are allegedly getting about one kilogram of gold per day.”

          “The Mazowe farm has been a battlefield of disputes since 2015 when, under Grace Mugabe’s command, police destroyed maize and groundnuts crops and forcefully evicted villagers to take control of the land.”

          http://www.mining.com/artisanal-miners-invade-grace-mugabes-farm/

          Apr 08, 2018 08:16 PM

          Your fourth and final paragraph really caught my attention. Regard “Carpe Diem” guess what I have tattooed on my right upper arm courtesy of my youngest daughter who has the same tattoo.

            Apr 09, 2018 09:41 AM

            Interesting Big Al and good choice for a tattoo.

            Let’s seize the day! Cheers!

      GH
      Apr 07, 2018 07:24 PM

      To be clearer, Those who want to portray my words as racial hatred can blow it out their bugles. But there is, indeed, ethnic hatred behind what has happened.

      GH
      Apr 07, 2018 07:33 PM

      Maybe part of the answer will be to give back to Mexico what was taken 150 years ago…How badly do people want multiculturalism, vs letting each culture guide its own destiny?

        Apr 07, 2018 07:13 PM

        Ever think, …..the Pope got the south, and the rothchilds got the north……

          Apr 07, 2018 07:15 PM

          Remember the Pope funded Columbus….. through Isabella and Ferdinand

            Apr 07, 2018 07:49 PM

            I was pretty sure that they did it personally, ootb

            Apr 08, 2018 08:35 AM

            Ferdinand and Isabella., according to what I read, was funded by the Pope., and in exchange,……Every person that came under the rule of the new found territory, was to pay back to the Pope a 10% tithe ……I read that several years ago, while doing research, on English History…and religious studies.

            Apr 08, 2018 08:51 AM

            Marino alleges a more particular motive and connection: Columbus may have been the illegitimate son of Pope Innocent VIII, himself a familiar figure in Genoese life. This conclusion is based on the contents and tone of several of Columbus’ letters.

            Certainly, the pope was related to the great Medici family, the first family of Florence and patron of artists including Michelangelo. Between the Genoese and Florentine connections, the pope had ample ability to provide funding.

            Apr 08, 2018 08:54 AM

            The deeper you dig, the more interesting it gets………Just like today’s politics…., you never know for sure………

          GH
          Apr 07, 2018 07:04 PM

          Interesting…never occurred to me. But sounds just right.

      Apr 07, 2018 07:11 PM

      GH…….some great comments above…….

    GH
    Apr 07, 2018 07:42 PM

    And despite the fact that I believe the majority of immigrants are fine people who just want an opportunity to work for a better life, don’t kid yourselves–there are no shortage of immigrants that hate America (not without reason), and only come to take what they can get.

    Many reasons to insist on a dramatic change in immigration policy.

    But bottom line, if we want to sort all this out in a positive way, we first need to sort out the mafia that is at the root of all this. Otherwise, not bloody likely.

    GH
    Apr 07, 2018 07:46 PM

    Personally, as part of the Debt Jubilee, I would also support a wealth redistribution plan that offers a certain amount of money to immigrants who would like to return to their countries of origin. In the end, all this has to be $$ clawed back from the globalist mafia.

      Apr 07, 2018 07:04 PM

      Claw back agree………..

    Apr 07, 2018 07:16 PM

    The executive order Trump did in December will be the biggest claw-back in history. The last several EOs he’s done are huge…

    Apr 07, 2018 07:49 PM

    Mexican Migrant Scales Border Fence In Under 2 Minutes

    In the latest display of how easily illegal aliens can surpass “defenses” along the US-Mexico border, a migrant jumped a wall along the border between Mexico’s Ciudad Juarez and Sunland Park, New Mexico in two minutes flat.

    https://www.zerohedge.com/news/2018-04-07/mexican

      Apr 07, 2018 07:48 PM

      Well the solution is really simple and that is to simply build a 100 footy wall. Makes sense?

        Apr 07, 2018 07:38 PM

        Cheaper to use helicopters with machine guns. After we shot a few illegals in the desert word would get out and they’d stop coming.

        GH
        Apr 08, 2018 08:06 AM

        In my opinion, building a wall is treating the symptom, not the disease.

        The solution is policy changes.

        1) No financial incentives for illegals.

        2) Harsh punishment for employers of illegals.

        3) Help lift Latin America and the developing world up, instead of allowing the worst among us to loot them and pour gasoline on their military conflicts.

        Immigrants aren’t the ones who need machine-gunning.

          Apr 08, 2018 08:46 AM

          #2 would do it. Generally enforcing existing laws would be a good start. What a concept.

            Apr 08, 2018 08:34 AM

            It is absolutely unbelievable to me that in our country laws are being broken with minimal penalties and, in many cases, the offenders are looked up to. How about Jerry Brown and his sanctuary cities?

            Apr 08, 2018 08:50 AM

            Guys like Brown get away with it because the voters don’t know anything about anything – most importantly in this case, history. Common sense is also absent.

            Apr 08, 2018 08:13 AM

            I would say that California voters are thinking emotionally and not from a “what’s best for the country” standpoint. I am amazed that they are approving actions that are actually hurting the state and people in the state. (How about the kids in the California public school system?)

            Apr 08, 2018 08:19 AM

            I believe that Trump is trying to do just that, with much opposition. (The opposition is coming from those who do not want to lose their voter base.)

            Apr 08, 2018 08:02 AM

            As long as there are significant differences of opinion, that will never happen!

            Apr 08, 2018 08:54 AM

            Yes, it seems silly for people to demand more and more immigration laws when the current laws are not even being enforced. As stated, if companies really got severe penalties for hiring illegal workers, and were audited regularly from that moment forward, and that that news spread, then it would be far less pervasive.

            Apr 08, 2018 08:55 PM

            All I can say Excelsior is that I agree with you.

          Apr 08, 2018 08:08 AM

          I think that you can tell from my comment on this topic today, that I agree with you, GH.

    Apr 07, 2018 07:51 PM

    Facebook Gave Money To 85% Of House Committee “Questioning” Zuckerberg Next Week

    “While the average committee member received between $6,750 and $6,800, Committee Chair Greg Walden (R-OR) received $27,000, and top ranking Democrat Frank Pallone of New Jersey received $7,000”

    https://www.zerohedge.com/news/2018-04-07/facebook-gave-money-85-house-committee-questioning-zuckerberg-next-week

    Apr 07, 2018 07:00 PM

    Big Al, where in the world do you get this a 40% gain in the Dow because of Trump? Since Trump has taken office, there is about a 22% gain. Since Trump won the election, there is about a 30% gain. So where in the world did you get this 40% figure. Seems like a whole lot of pumping up and wishful thinking on your part, or simply just lying.

      Apr 07, 2018 07:43 PM

      Friday Close 23,932.75
      Close on 4/3/`6 was 17,888.3

      That is about 26% We have been in Palm Desert for the last almost 6 weeks and the number that I remember for that period was up about 40%

      We all make mistakes Donnie and I would bet that even you do. Thanks for the correction.

        Apr 08, 2018 08:35 PM

        Trump took the oath of office on 1/20/17, the Dow was at 19,827. The Dow closed at 23,927 on friday, 4/6/18. A difference of 4100. 4100 divided by 19,827 is 20.68%. So you were only about 100% over on your estimation of the Trump bump.

          Apr 08, 2018 08:49 PM

          Fair enough, Donnie

          Apr 08, 2018 08:30 PM

          The market started flying when he was elected not when he was sworn in and there was plenty of opportunity to sell in January at a gain of over 40%.

      Apr 07, 2018 07:46 PM

      One last comment Donne,

      What do I gain from “pumping up” and what do I gain from “wishful thinking” and lastly what do I gain from lying?

      Apr 08, 2018 08:19 AM

      Donnie: From the election day closing price to the high in January, the Dow gained 45%. Perhaps that’s where Al got his (conservative) number.
      It really isn’t difficult to check these things out for yourself before spouting off (in typical lefty fashion).

    Apr 08, 2018 08:05 AM

    Big Al,
    You may interested in this book (THE GENERAL’S SON). A journey of an Israeli in Palestine. True story. I was looking to inform myself on the subject. Good read.
    Thanks for your show.

    Apr 08, 2018 08:56 AM

    What a shock!!!!

    The false flag gas attack that Tass warned the world about on the 6th actually took place. Israel and the terrorists they support in Syria have now given Trump a reason to stick the US deeper in the briar patch. How many more US kids have to die for Israel?

    Russian top brass warn al-Nusra, Free Syrian Army plotting chemical attacks in Syria

    More:
    http://tass.com/defense/998199

      Apr 08, 2018 08:12 AM

      Bob, I discussed this topic with a good friend yesterday over the phone for about 1/2 and his feeling is that the Zionists are starting to lose a lot of support even in Israel. I would add to that my belief that they are losing a lot of support also in the U.S.

      What do you think of Trump’s comment that moving the U.S. embassy to Jerusalem is being done so that people of all faiths have a place to worship if they choose?

        Apr 08, 2018 08:26 PM

        Al;

        Where the embassy is located has zero to do with people of all faiths having a place to worship. The Zionists have been stealing the land and killing Palestinians for well over seventy years so now they are going to get reasonable?

        You need to think about the implications of how a religious fanatic tells the president of the US what to do. Israel announced their plans on how to dominate the Middle East in 1982. The US is threatening to attack Syria right now over what is obviously a false flag operation and the Russians have already said ‘don’t even think about it’

        We are closer to WW III than in our lifetime, the IDF is running a shooting gallery in Gaza where they have shot over 1100 peaceful protestors in the last ten days and you think Israel will allow others religions to worship in Jerusalem.

        Al, are you kidding?

          Apr 08, 2018 08:52 PM

          No Bob I am not kidding. I am just very hopeful

            GH
            Apr 09, 2018 09:32 AM

            How many more have to die, how much more do we have to allow them to trash the US, before people start condemning instead of hoping for a mirage?

            Surely there must be a bible quote that such permissiveness and moral ambiguity is not being ‘good’.

            GH
            Apr 09, 2018 09:33 AM

            Maybe if we hope and pray hard, AIPAC will give our political system back to us too?

            Stop covering for criminality.

          Apr 08, 2018 08:47 PM

          https://qanon.pub/………McCain and ISIS……..

    GH
    Apr 08, 2018 08:19 AM

    The last table on this page shows how clueless Trump supporters are:

    77% are more sympathetic to Israel, vs 7% to Palestine.

    No moral compass, or no clue about reality?

    Likewise, 77% think overwhelming military force is the answer to Terrorism, while only 18% think relying too much on military force leads to more terrorism.

    “The whole history of the progress of human liberty shows that all concessions yet made to her august claims have been born of earnest struggle…If there is no struggle there is no progress…

    This struggle may be a moral one, or it may be a physical one, and it may be both moral and physical, but it must be a struggle. Power concedes nothing without a demand. It never did and it never will. Find out just what any people will quietly submit to and you have found out the exact measure of injustice and wrong which will be imposed upon them, and these will continue till they are resisted with either words or blows, or with both. The limits of tyrants are prescribed by the endurance of those whom they oppress.”
    ~Frederick Douglass

    The majority of Trump supporters have little idea of where their interests lie. How, then, are they to win their struggle? Will Trump and his $$ backers hand it to them on a silver platter? The wisdom of Frederick Douglass answers an emphatic “No!”.

        GH
        Apr 08, 2018 08:24 AM

        Of course, many polls are falsified to justify the agenda of the authors and discourage their opponents. Hopefully that is the case here, but unfortunately the results correspond to my impression of the situation.

          Apr 08, 2018 08:20 AM

          It would be really interesting, GH, if that allegation could be proven.

            GH
            Apr 08, 2018 08:31 AM

            hmm…I can’t think of any where I know that has been proven, though I bet it has been.

            I have long taken it as a basic proposition based on human nature–polls are useful in the getting and maintaining of power; where power is at stake, the overly ambitious lie. So of course many polls are purely agenda driven.

            Apr 08, 2018 08:52 AM

            It would be interesting to find an important poll that has been proven to have been “juiced” in the wrong direction.

        Apr 08, 2018 08:05 AM

        I did read this GH and, I have to say, that I am not at all surprised. I personally disagree with some of (few) of Trump’s ideas, he main one being the idea of a wall because I believe that there are much more effective ways to solve the problem. The main one being to deport all recent illegals and continue that action into the future.

      Apr 08, 2018 08:22 AM

      No surprise, GH. Like I’ve stated before, 90% of the right (and 100% of the left) is clueless.

        GH
        Apr 08, 2018 08:32 AM

        Yep.

          GH
          Apr 08, 2018 08:51 AM

          I guess that’s the moral struggle in front of us, if we aren’t willing just to surrender and let the Globalists have their way.

          A few things that those who understand can DO:

          -Boycott Hollywood (Whoreywood)

          -Boycott Vegas

          -BDS

          -Study and understand how we are being attacked

          -Educate those who want to understand, lose little time with those incapable of overcoming their brainwashing

          -Use attackers tactics against them–counterpropaganda, point out their racism and hypocrisy on Cultural Marxist fronts, fling their slurs back in their faces and shame them publicly, just as they have been doing to us for decades.

            Apr 08, 2018 08:02 AM

            And remind the leftists/Marxists that their guiding principles are criminal.

            Apr 08, 2018 08:32 AM

            Matthew,

            Their guiding principles are certainly criminal in my mind. A lot of their guiding principles are also sinful in the eyes of God.

            Apr 08, 2018 08:17 AM

            You know GH, my first thought was that we are trying to do this on this site. But, you know what, we are probably not being obvious enough.

            Tough job, my friend!

            GH
            Apr 08, 2018 08:24 AM

            This site is great Al, and I certainly didn’t mean to imply it isn’t doing its part. I could only wish to multiply it by 1000. 🙂

            Apr 08, 2018 08:53 AM

            GH, I have never thought that you might feel that way.

            Apr 08, 2018 08:01 AM

            You know GH, without even realizing it Kathy and I have effectively boycotted Hollywood in our lives. Wen we sit down at night to watch a movie, it is generally of a “feel good” and religious nature. (Notice that I did not say specifically Christian nature. I have found that there are a lot of good people out there who differ in their view of God from mine.)

        Apr 08, 2018 08:21 AM

        I am not convinced that 90% of the right is clueless. Regarding the Left, they simply have truly different views that are not based on the rule of law.

          GH
          Apr 08, 2018 08:25 AM

          From the survey, I’ll say it’s 77% clueless.

            GH
            Apr 08, 2018 08:27 AM

            Huh. Strangely enough, if you wander into the farther out conspiracy theory type stuff, there is the idea that Trump is 777…

            https://70news.wordpress.com/2016/11/09/donald-trump-will-be-70-years-old-7-months-and-7-days-after-2017-inauguration-day-his-first-day-in-office-777-is-gods-number-666-is-the-devils-is-trump-a-coincidence-or-god-ordained/

            Illuminati number games?

            Apr 08, 2018 08:48 AM

            I personally think that is a bit of a stretch GH. How about you?

            GH
            Apr 08, 2018 08:59 AM

            I’m far out, Al, but still not that far.

            Still, so many bizarre facts come to light when one starts digging, that I haven’t written it off as unworthy of consideration.

            I’ve come across enough bizarre ‘coincidences’ that I don’t at all doubt that Illuminati/Masons love to play with numerology and sacred geometry, and broadcast hidden signals right in front of everyone.

            Apr 08, 2018 08:36 AM

            But the question, GH, is are they correct in their assumptions?

            By the way, nothing wrong with being “far out”. If there was, I would have a real problem!

            Apr 09, 2018 09:36 AM

            19For it is written, I will destroy the wisdom of the wise, and will bring to nothing the understanding of the prudent.

            Apr 09, 2018 09:38 AM

            20Where is the wise? where is the scribe? where is the disputer of this world? hath not God made foolish the wisdom of this world? 21For after that in the wisdom of God the world by wisdom knew not God, it pleased God by the foolishness of preaching to save them that believe. 22For the Jews require a sign, and the Greeks seek after wisdom: 23But we preach Christ crucified, unto the Jews a stumblingblock, and unto the Greeks foolishness; 24But unto them which are called, both Jews and Greeks, Christ the power of God, and the wisdom of God.

    Apr 08, 2018 08:57 AM

    -Educate those who want to understand, lose little time with those incapable of overcoming their brainwashing
    ✔️

      GH
      Apr 08, 2018 08:53 AM

      Well, you certainly haven’t lost much time trying to educate anyone here, Chartster (though you have shared a few gems). Vague sunny proclamations don’t cut the mustard.

      As such a fan of Trump, I would think you’d be willing to put in a little more work to help him get his message across and win over us doubters.

      Apr 08, 2018 08:14 AM

      And Chartster, how do you propose that the differentiation between the two is made?

        Apr 08, 2018 08:36 AM

        All the “doubters” have been wrong when they point a specific move that Trump has made.
        Trump exposes everyone, sometimes not so vague and sunny.

        An example would be Isreal in this thread. Trump moves the US embassy to Jeruselum as a gesture of neutrality, not favor. He said, ” we will move the embassy to a place where Christians, Muslims, Jewish and people of all faiths can worship. ”
        Some people on this site take that as an act of aggression. I say it’s a true neutral stance, and a good start in the right direction.

        Also, the Israel bashers might consider that the people pulling the strings might get taken out of power soon.

          Apr 08, 2018 08:45 AM

          I did not realize, Chrtster, that he said “where all people can worship. That puts a totally different slant on the action.

            Apr 08, 2018 08:47 AM

            Got to listen…

          Apr 08, 2018 08:43 AM

          Did you notice my post of about 15 minutes ago?

        GH
        Apr 08, 2018 08:55 AM

        When I talk about not losing time with the brainwashed, I’m thinking of my experience of a few years of political debate with a hardcore Lefty.

        Dead end after dead end, mental firewalls. I couldn’t leave it alone, b/c I just couldn’t understand how facts and logic could fail to make an impact. Any time he seemed to be cornered by internal contradictions of his views, squirmy evasiveness would save the day. Finally it came down to him arguing to me that all of those of us from flyover country/’jezuzland’ need to be subjected to unconstitutional federal government-controlled schooling (indoctrination) because otherwise we would go back to teaching creationism instead of evolution, and return to lynching and slavery.

        No joke. He actually argued to me, clueless as to the implications of his own beliefs, I’m sure, that me and mine need to be subjected to unconstitutional indoctrination.

        This is a very nice man, PhD educated (those who spend most time in academia are at most risk for internalizing this kind of rubbish).

        20 years ago I got in a debate with a liberal friend (like the other, from New England), after I mentioned my admiration for Thoreau. She denied that white men had any positive contribution to make to society due to ‘Male White Privilege’. We went round and round, and she did finally concede the point. But it is absolutely bizarre that a debate was necessary, and absolutely bizarre, just like in the other case, that she would try to make that case to a white man. That’s brainwashing.

        Incidentally, the feeling I get when i debate CFS is exactly the same as when I debate iLLiberal Lefties.

        To sum up: I chalk it up to brainwashing when in debate/discussion I come up against strange mental blocks that prevent obvious rational lines of reasoning or considering the logical implications of one’s beliefs; evasive rhetoric; and highly emotional response to having one’s beliefs challenged.

          Apr 08, 2018 08:40 AM

          I have exactly the same experience every time I discuss many topics with “lefties” as you call them.

          Regarding CFS, in my mind he is not even close to being of the particular persuasion.

            GH
            Apr 08, 2018 08:58 PM

            Very intelligent man (also a PhD), we seem to agree on most things. Of course, he’s Right, not Left. But the experience of debating certain themes is the same as debating w/ my Lefty friends.

    Apr 08, 2018 08:06 AM

    The Canadian dollar is about to tackle the 200 week MA for the third time since last summer. If it’s not “three and through” then lookout below – but I think it will succeed.

    http://schrts.co/H6btqL

      Apr 08, 2018 08:09 AM

      Perhaps more important; here it is with the Fibonacci-based 233 week MA:

      http://schrts.co/mPKbzZ

      Apr 08, 2018 08:57 AM

      The value of the CDN dollar has hurt me a lot. But you know what, if a situation affects me and I cannot control it, I simply “shake the dust from my sandals” and disregard it. (I had to put that in given that today is Sunday!}

      Apr 08, 2018 08:26 AM

      It could finally get moving in Q4 along with oil which has no direction yet.

    Apr 08, 2018 08:10 AM

    The Venture index (where most junior miners are listed) is getting ready for a big long move higher. The monthly Bollinger bands have never been so narrow…

    http://schrts.co/arFnPw

      Apr 08, 2018 08:52 PM

      thanks for the update……..appreciate the info

        Apr 08, 2018 08:34 PM

        Since we’re dealing with a monthly chart here, I have to point out that “getting ready” does not mean the move will start in days or even weeks (but it could).

          Apr 08, 2018 08:37 PM

          Thanks for the follow up…….

    Apr 09, 2018 09:37 AM

    (EXK) (EDR) Endeavour Silver Produces 1,350,840 oz Silver and 13,208 oz Gold (2.3 Million oz Silver Equivalents) in the First Quarter, 2018; Provides Update of the El Compas Mine Development Project

    by @nasdaq on April 9, 2018

    https://ceo.ca/@nasdaq/endeavour-silver-produces-1350840-oz-silver-and-13208

    Apr 09, 2018 09:51 AM

    Mark Cuban Says Gold and Bitcoin Are Equally Useless

    Daniela Cambone Apr 9, 2018

    “The Dallas Mavericks owner would buy a pet rock before gold. Here is why Cuban is no fan of the yellow metal….”

    “I hate gold. Gold is a religion,” Mark Cuban, owner of the Dallas Mavericks, says in an exclusive interview at the Three Sharks In A Castle Symposium. “I do not see it as an alternative to currency.”

    Cuban said that while there may be some fundamental value to gold, “everything else is a collectible,” he said, adding that gold and bitcoin are the “same thing.”

    “According to Cuban, both bitcoin and gold derive their value from supply and demand.”

    “The good news about bitcoin is that there’s a finite supply, and the bad news about gold is that they’ll keep mining more” he said.

    https://www.thestreet.com/video/14548221/mark-cuban-says-gold-and-bitcoin-equally-useless.html?puc=yahoov&cm_ven=YAHOOV&yptr=yahoo

      Apr 09, 2018 09:00 AM

      A couple of follow up questions I’d have asked Mark if I was interviewing him:

      1) Why are Central Banks net buyers of Gold and holding it if it isn’t a currency or store of value?

      2) Why is legal tender minted in Gold & Silver if it isn’t seen as money? (They aren’t doing that with Bitcoin).

      3) I’d ask him to unpack how Gold and Bitcoin are the “same thing” as they are not. Gold is on the Periodic table, Bitcoin is not. Gold has been used for thousands of year in Art, Jewelry, Religious artifacts, and Money – Bitcoin has not. Gold is tangible, and Bitcoin is not. And so on…..

      4) “The good news about bitcoin is that there’s a finite supply, and the bad news about gold is that they’ll keep mining more” he said. — Mark Cuban

      > What planet does this guy live on? There is only a finite amount of Gold that is on the planet, (as it is created when stars go supernova) so it is the very definition of in finite supply. We’d have to mine it on asteroids or other planets to get an increase in the supply.

      As for Bitcoin, it has already “Forked” twice creating even more and more supply, not to mention the 1,700 other altcoins competing for attention and investment dollars in the crypto space. There litterally is no limit to how many forks or how many competitors can enter this space, so we can put a fork in the “scarcity” or “finite” claims about Bitcoin or any cryptos.

      Mark has made some very misguided and factually incorrect statements, yet the sheeple will eat up his every word. You gotta love it…

        Apr 09, 2018 09:08 AM

        * Correction: When writing the response up above I forgot about the brand new study/observation that replaces the likelihood that Gold and heavier elements are created in Neutron Star collisions (which replaces the previous long-held theory that they were only created in Supernovas). There are still some that feel Supernovas could be a valid source as well, but apparently the Neutron star collisions are fairly routine in Galaxies all throughout the universe… including our own Milky Way.

        _______________________________________________________

        A Tale Of Two Neutron Stars: The Birth Of Gold

        David Lin – Kitco News – Wednesday March 28, 2018

        – “How does one create as much gold that weighs about as much as the Earth?”
        – “Simple: bring two neutron stars together….”

        “We estimate that the collision created about as much gold as the mass of the Earth,” said Professor Andrew Levan of Warwick University, in an interview with the Financial Times. An estimated six billion trillion tonnes of gold could have been formed from one collision, the article said.

        “The observation made last summer supplants a popular theory on the origin of gold held for several decades, which is that supernovae, violent explosions from the death of massive stars, form elements heavier than iron.”

        “However, scientists now believe that the collision of neutron stars better explains the origins of precious metals.”

        “We felt pretty staggered that we had found something that seemed to match the theory so well,” said Prof Levan of Warwick. “We can make enough gold in neutron star collisions to do away with supernovae as a source.”

        “Neutron star collisions occur about once every 10,000 years in the Milky Way galaxy, according to the research.”

        http://www.kitco.com/news/2018-03-28/A-Tale-Of-Two-Neutron-Stars-The-Birth-Of-Gold.html

          Apr 09, 2018 09:10 AM

          In contrast Bitcoin can Fork with new code being entered, and increase supply overnight (here on planet Earth). That’s a big difference.

        Apr 09, 2018 09:54 AM

        Cuban is a dumb ass………..jmo……..he lucked out as a bar tender and scammed someone into buying his worthless dot com business…….

          Apr 09, 2018 09:59 AM

          Cuban is in the club….MSM, CNBC , mouthpiece……..skark in the water, with a moral compass.

            Apr 09, 2018 09:00 AM

            without a moral compass…….

      Apr 09, 2018 09:55 AM

      He might follow if you don’t understand stand it, don’t invest in it. At the same time if you don’t understand it, don’t talk down upon it. Learn about it first before you cast judgement. He obviously doesn’t have 2% of his asset value in pm. He is young enough not to have a reason for it, in years time he might wish he took some time. Or not….