Mining Companies and Markets
Hour 1:
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Hour 2:
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Hour 1:
- Segment 1: John Rubino from Dollar Collapse joins us to chat about his great site www.dollarcollapse.com and his outlook on investing in these markets.
- Segment 2: Cory, Big Al and Chris Temple of the National Investor discuss Natcore Technology with Brien Lundin, Chairman, and Chuck Provini, President and CEO.
- Segment 3: We discuss emerging markets with Steven Holden of Copley Fund Research.
- Segment 4: We provide our due diligence on Royal Gold.
- Segment 5: Brent Cook, founder of Exploration Insights, discusses the mining companies he is looking at.
- Segment 6: Gold Newsletter publisher Brien Lundin joins us to chat about the move up in gold at the end of the week.
- Segment 7: We chat with Peter Boockvar, Chief Market Analyst for The Lindsey Group, about the potential in a major trend change in the markets starting last week.
- Segment 8: A roundtabe with Chris Temple of The National Investor and Dr. Richard Postma, AKA Doc, on the market movements this week.
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What kind of climate change? Climate is changing all the time. 🙂 You mean a mild change or a runaway change with catastrophic consequences, floods, storms, rain, desertification and so on because of putting up the heat? By the way…I only use my bikes. Also I used to study climate at university. My conclusion is…hard to say who is right. Lol 🙂
Big AL knows what I am talking about………..he knows what happened yesterday!
In fact it is listed on Saturday as a Weekend Special and I have no idea as to why it was moved to Saturday.
The global phenomenon I fear way more than Climate Change is Wet Water. So many lives have been lost because of this. We simply must do something . . . NOW!
Lighten up………Al had a segment on yesterday referring to “Climate Change” and some of us left remarks on that podcast, it was address WEEKEND SHOW, so we would like to know what happened to the show and why it is not in this WEEKEND SHOW line up………………..relax!
it disappeared……………like CHEM TRAILS……………
Saudis are draining Arizona…….., growing grass and shipping it back for cattle feed.
It is posted as a Weekend Special on Saturday. And, again I have absolutely no idea why.
Don’t live too near the coast! And don’t live in Cherrapunji. Although the BBC says that they are getting less rain lately.
Well there you go Wayne, “wet water”!
Thank Nic
CLIMATE CHANGE IS A SCAM!
The Great Global Warming Swindle
https://www.youtube.com/watch?v=52Mx0_8YEtg
George Carlin on climate change
Absolutely hilarious and wise. I love George Carlin, and had seen this bit before, but it’s been a while.
Thanks for posting it Ebolan!
Hi Mark. I missed that one. Can you tell me who the guests were and what they said?
I don’t recall his name but big Al knows!
It was a very good segment…..it would have generated a great discussion here on the board!
I just read all of them and commented on some.
******* AFTER A SLIGHT UP TICK IN THE BALTIC DRY INDEX, ONCE AGAIN IT IS FALLING LIKE A ROCK! *******
BDI now at 563 after rising up to 598………..this is not a good sign folks for the month of December!
Good show with John Robino. His website is very good!
Really ?
I’ve listened to this guy cr@p on about the same stuff for years now on many media channels.
He has been dead wrong all along.
I can’t believe he still gets an audience…..its pathetic.
Thank you for the show other than segment one guys.
Much appreciated as always.
Cheers.
I’ve listened to him for years also, so why is he pathetic! Peter Schiff says the same thing over and over again about the economy so what has changed! The fundamentals still remain the same, nothing has changed, in fact if anything, things have gotten worst!
This economy of ours is in deep do do!
AND…………………IT WAS A GOOD SHOW!
REALLY!
Thanks so much for sharing Your thoughts. Can’t wait to listen to Chris Temple and Dr. Richard Postma AKA “the Doc” discussing the markets.
I am really trying to learn more every day. This is a great site.
Keep it up!!!
I watched this great video today that taught me about “Accumulation, Mark-up, Distribution and Mark-down.” It shows me that I may have made a mistake with my short on Bank of America and NETFLIX, for example.
The Mark-up and Distribution coincides with the narrative that US-Banks will have a more solid bottom line with the rate hike. However, Chris Temple opines that they won’t. When people come to realize this, that will probably be the Mark-down phase. Here is the link:
https://www.youtube.com/watch?v=T2XaKnMVNNg&list=LLC683Uwldq517iMB2nrUU5w&index=1
Good Luck!!!
I loved that segment on Royal Gold. It was dry and technical and maybe best suited to the accounting or technical minds in the crowd but I thoroughly enjoyed the discussion. Best part was how Doc and Cory took it apart bit by bit and made a case for the company. Well done guys.
Agreed. I like the company specific editorials, and the one on Royal Gold was well done.
Here’s a news post on Premier Gold since Doc asked Brent Cook about it:
PREMIER PROVIDES RED LAKE EXPLORATION UPDATE
Drill Intercepts Up to 46.00 g/t Au Across 11.0 Metres
Peter is right that this could well mark a change in trend. The EURO Stoxx 50 had a spread of around 8 % from high to low on thursday.
There are also a lot of stocks in Europe that topped out on the 200 day moving averages (simple and exponential). This especially hit some of the industrial stocks I was watching. Those stocks didn’t even really recover on Friday. Also some od the very offensive technology stocks didn’t recover.
There is really a lot of selling pressure.
******* DECEMBER 4, 2015 COT REPORT FOR GOLD LOOKS GOOD GOING FORWARD! ********
After reading yesterdays COT report, the commercials have reduced their net short positions since late October from 16,584,800 oz to 291,100 an ounce, that’s a lost of 98.25%. This is very big news for gold and so that jump of $25 yesterday should be more of the same going forward for gold! So now you can see why my computer program lights are flashing a bright green!
****** SO I AM GOING TO CHANGE MY PREDICTION FOR GOLD! ******
Instead of $1125 for gold at the end of the year my computer read out is now showing $1165 for gold!
But what if the cartel–which took Thursday and Friday off for a long weekend–is back to work on Monday???
OH, don’t get me wrong, I’m sure the bad boys will still be busy but all signs point to a better outlook for the yellow metal.
Also, with Comex inventories running low and that Cot report showing that low amount in ounces, something has to give! These guys are running out of credibility!
Also I have been watching Greek banks collapsing all those weeks. I still can’t believe that there are so many bulls out there. It is just crazy. They really don’t care.
Europe will soon re-emerge as a bigger headache for global markets
Yep 2015 was basically a push…..pretty ridiculous in terms of any REAL price discovery formulating….these markets continue to be a complete joke…wake me up when something significant happens like gold emphatically over 1300 and DJ bursting like the big fat balloon of air it really is…..zzzzzz…:)
For the folks that didn’t catch this in last night’s thread on Doc’s interview page….
Turd has a gig with Eric Sprott now for a weekly market wrap.
Weekly Wrap with Craig Hemke of TF Metals Report and Eric Sprott.
Listen to Eric Sprott share his views on Friday’s U.S. unemployment report, the upcoming FOMC meeting and the Bullion Bank maneuvering on the Comex.
How the mighty have fallen.
Blast from the past:
“The price of gold and silver will both hit new highs in 2014. The price of gold goes north of $2,000, and silver will quickly go over $50. When it does, it will get a little crazy. They know a day of reckoning is coming, and they are setting up for it. . . . I am convinced some sovereign banking systems will fail in 2014.”
~~ Eric Sprott
————————————-
Eric Sprott: 2014 Will Be the Year Gold & Silver Set New All-Time Nominal Highs!
http://www.silverdoctors.com/eric-sprott-2014-will-be-the-year-gold-silver-set-new-all-time-nominal-highs/
Sprott adding TURD to the weekly commentary ,should be very interesting going forward. …..jmho.. Not saying either way who is benefitting from this collaboration…..CCF.
Turd would be a great name for a Sprott etf.
ha,ha………good one………….
Hysterical Paul. I could not stop laughing!
LOL, but they would have to compete with the potential (/sarc) NYSEARCA:TURD as a Direxion 3x Urban Waste Utilities ETF too, LOL
lol, that is funny Bird.
He obviously made some right moves a time or two tho.
Sprott is not the first billionare silver has been mean to, a Mr Hunt or two comes to mind.
Govt. sure wacked old Hunt also………..lol……..no match for the printing press.
First Sprott is in Canada so he could escape the direct harm caused by US banks supported by government. He may be able to get some protection from Canadian government. Canada has always known to protect its own financial institutions. Second, he has institution money, especially from Chinese wealth funds. If he can keep fighting, he might come out as the winning side. Hope he does not exhaust himself before he wins. Just my two cents.
I know Embry and Sprott were very sure gold would move way up in the 90s even everyone bet against them. Embry was fired from Royal Bank for exposing the manipulation on gold and silver. What happened after that made them very rich. I am sure history will repeat even the winners may not be themselves due to their age but some of their comrades.
Bird, if I were you I would not bet against gold’s inflation hedge function. You may say you don’t , then stop making fun of people who are champions to fight elite’s manipulation to defeat gold. They serve to protect the masses from financial ruin. You should wish they succeed. Sincerely! it is a morality. I don’t agree with Sprott on a lot of things but I respect his effort.
Birdman…I’m sure when those statements were made, there was no thought of the paper- physical gold ratio being 324:1 like it is currently. The Crimex has a great thing going.
It doesn’t matter what is happening at Comex. The point is that gold, relative to the rest of the commodity sector had clearly not come close to hitting its final lows so the call for a bounce back to 2000 was very premature. Those guys are looking at gold in isolation. They obviously forgot their basics. The first rule is that gold trades as a commodity, not a form of money. So you need to look at the entire sector to appreciate what gold’s future will actually look like and accept its trajectory remains down. Secondly, Sprott is supposed to be the expert on precious metals. He did after all have a flagship fund named after himself and he was promoted as a guru on gold and silver. Facts have since proven that his knowledge of the PM markets are spotty at best and deeply flawed at worst. He obviously has no insight into the basics of technical analysis. Do you ever listen to him?
He could not have been more wrong these past 4 years.
He could not have been more wrong these past 4 years.
Turd has a decent handle on T/A, but does get stuffed from time to time like everyone else. He has outted some of their means of rigging the gold market.
Turd found the gold/Yen programmed algo play and GOFO before others did. The LBMA discontinued GOFO after he turned the market on to it. Combined forces should be better for market participants. A weekly market wrap should go well. Time will tell.Thanks for your comments.
What is unusual about Turd is that he does no trading whatsoever (he said so recently). For a guy who sounds tuned in and is actively using technicals it strikes me as odd that he takes no positions in the markets but only offers advice to others.
Does he really hate profits and investing that much? Or could it be he actually has no confidence in the stuff he is saying and cannot bring himself to drink his own Kool-aid?
I would be very cautious listening to his advice if I were you. He has no skin in the game.
“How the mighty have fallen”……mighty funny…………..lol
doesn’t the same go for R Rule..
is that a trick question……..
Anybody looked to see Forbe Mag. for Rick’s name……..
or is he Canadian……sorry……
Hippies – Crying Over Dead Trees
They need to watch Carlin https://www.youtube.com/watch?v=BB0aFPXr4n4
Ebolan..Carlin was classic…give thanks for him and youtube.
SEG 4 was good. Hope to hear you guys doing more PM companies.
Gary says Europe is doing better now…
He’s wrong.
https://www.youtube.com/watch?v=ds8ot_UPjn4
MAYBE, that is why they need to do some more Mario QE…..
You got it…………….the system is already collapsing as we speak! We are in a world depression now especially for the United States……..we’re done!
I’m glad to see you took your happy pills, Mark.
Re: Seg 3 Growing middle class in the emerging markets?
Not if the global warmers have their way. They want to make oil and gas prohibitively expensive, if not outright outlawing them. And if you expose what a load of sh*t their narrative is they want the gummit to use RICO laws to come after you.
If the warmers have their way the middle class will shrink everywhere.
Criminal ICCP
Very good video highlighting the hypocrisy of the CC debate Ebolan.
Thanks for posting it.
Is Brent Cook still a warmer?
EU……..taking over GREECE borders……..this is what you get when you are a DEBTOR NATION………zerohedge
Greece Loses Last Trace Of Sovereignty After EU Takes Control Of Greek Borders
Frank, how’s Jerry OOTB doing? 🙂
Last time I checked he was starting to invest in china ………ceramics toilet bowls for the Indian housing market.
675 million Indian’s without inside toilets…………….
Problem , with all the potential flushing, will there be a WATER SHORTAGE……….
Well, Jerry is very resourceful…so to speak…so he will invest in water…
Only a moron would invest in water……….God will give all the rain needed at the exact time….Fear not……….jmho…….Plus the oceans are full of water.
Last time I checked…
Since Jerry no longer posts here and since you know him well maybe you could provide a weekly Jerry update. 🙂
:0.. I will check with him………..
That sounds like it’s jerry rigged, Yuck, Yuck!
funny.
The warmers sure don’t want to see this.
Warmers run in fear of debate…
Turkish army has entered Iraq. Iraq has called this invasion. What does this mean?
Also Russia has dropped weapons to the Kurds near Turkish border.
DOC
Any thought on the Theralase Weekly chart? (I’m a long term holder, by the way)
These are my observations (remember, please, I am still trying to learn the TA basics):
1: Closed above the midline for the second week, on the KELT channels (similar to BBs)
2: MFI is upwardly sloping
3: MACD looks neutral-to-slightly positive
4: RSI has a slight positive slept bias
5: Slow Stochastics have an upward slope
6: ADX is Zombie-like
Thanks for any input,
Brian
Brian, good job. As you’re aware of, the weekly is much more important then the daily. Look at your upper BB and the 50 week MA that is declining and about to intersect pricing. Both the upper BB and that 50 week MA will serve as resistance. I’ll bet you’ll see a little more move up and the pricing will probably “peter out” and move back down toward the lower BB. The MACD has a nice look to it but I’ll bet it’ll move up to neutral and this move in all probability will be over. You’re right about the ADX—it’s not impressed by this move. We’ll see if we’re right in the next 2-3 weeks.
* slightly positive slept = slightly positive slope
I sold my NUGgeTs (NUGT) on Friday at 3:56pm after switching my stop order to a market order. Had my wingman calling off the price every 10 seconds and time every minute. I think it may pull back a little before the next leg up. Made 13%. This was my first FIFO trade so I think the profits are tax exempt and tax deductable. Any input on this is appreciated.
Great interview with Denninger about how the Obamanation that is Obamacare is crippling the economy. Also, a discussion of interest rates and Janet Yellow.
http://usawatchdog.com/obama-care-will-implode-and-kill-the-economy-karl-denninger/
Mark my words, the warmers (and that includes Obammie) will do to the energy markets what Obammiecare has done to the healthcare market, but it will be much worse.
Why people tolerate this and not just tolerate it but insist on it is beyond me. Useful idiots, brain dead sheeple explains a lot of it.
Ebo, keep your stops tight and ring the register often. Forget the sheeple they are a lost cause.
Wonder what happened to Mr. Big Al? Usually he’s chimed in here by now on the weekends.
This is the ” Game Changer…”
The BRICS platform and new CIPS system along with the addition of the yuan as a reserve currency seals the deal!
The next big drop in oil prices will cause the junk bonds to bubble… And the next big drop in metals cause the derivative bubble… And both those events will cause the conventional markets to get clobbered…..
Black Swans everywhere….!
On Friday I mentioned that I am interesting in a number of Oil companies and ETFs but don’t know if we’ve seen the lows yet. I mentioned we could see the $35-$38 range being a solid support range for a bottoming process over the next few months.
I may have spoke too soon as I didn’t realize we’d already be down with at $38 handle this Monday morning. Wow!
Well like I said Im in a south american company and its sane here.
Dollar collapse??! What?! When? Its had a hell of a run. Sprott….wow I had a pile directly with them eons ago. Thank christ I left way back. Same tune for years amd all wrong as rain. If you want to lose your shirt keep listineing to the broken clocks that are sharing the coolaid. Look at Bob Moriarty. I beat him up good a long time ago o. His gold bull market crap. What a gold nugget head. My friends made alot of money ignoring all the end of the world crap. You know what? Know one can predict it and you certainly wouldn’t be able to trade your account through it. If you own something that pays you to wait it will resurface and you will survive. That real estate with location especially commerial.
Own real things. Don’t leverage the shit out of your realesate and if it falls it will come back eventually. . Run a business that has things in demand.
Don’t worry as you cant do anything about the financial corruption in the system and enjoy life. Im floating in a hamock having a wine. Chow.
Here’s an interesting update on Sibayne Gold CEO Neal Froneman. I like that he stood up to the unions and government in S. Africa and asked for some common sense and a reality check on reasonable raises before the whole mining industries implodes in S. Africa.
Neal is also going after PGM mining very aggressively in this low price environment, with their after their acquisition of Anglo Platinum’s Rustenburg mines, and their takeover offer for Aquarius Platinum. It will be interesting to see their 2 pronged approach with Gold/Silver and Platinum/Palladium mines in production for 2016.
At least he is a CEO that is getting things done in a tough market, and he’s taking bold action. Apparently people in the industry are starting to notice.
_________________________________________________________________________
Neal Froneman elected as Mines and Money CEO of 2015
Westonaria, 4 December 2015
Argentina: End of currency controls will be good for mining
Andrew Topf | December 6, 2015
Bears wrong-footed by jobs report light fire under Gold price
Frik Els | December 4, 2015
http://www.mining.com/bears-wrong-footed-by-jobs-report-light-fire-under-gold-price/
Invest like a fund manager: tips from the Silver Summit
The Gold Report | December 4, 2015
http://www.mining.com/web/invest-like-a-fund-manager-tips-from-the-silver-summit/
COT Silver Report – December 4, 2015
http://www.silverseek.com/commentary/cot-silver-report-december-4-2015-15099
Dudley Baker: Common Stock Warrants Will Outperform Equities in Mining Sector
POSTED ON DECEMBER 06, 2015 BY COLLIN KETTELL
He had some interesting thoughts on the Sandstorm Gold warrants on this interview.
Sorry about the typos above.
Anywho in a nutshell if you are an advisor/ broker / stock pumper or what ever in the industry and you cant identity a bear market and have lost money for people you should should fold up shop and get the hell out! You know how many would be left around!?? Probably 5%. BUT that wouldnt work as someone has to lose so the very few can cash in on the sheeple. Broken clocks are the worst and Schiff is one of them. Sprott lost 70% of their hedge fund.
Chances are the longer you stay play around in the casino the greater chance you are going to be wrong. I personally know many that are very wealthy that have done it with realestate over time and their weatlh willl be handed over to their kids. Not lost in the Casino. Their are many smart and great performing mangers that blew up their investors loot. Best
Thanks so much for your coverage on Royal Gold Al, Cory, and Doc!
That was a good pick to bring up to analyze Wiseguy.
What are your thoughts on the other Streamers?
(Franco Nevada, Silver Wheaton, Sandstorm Gold, and Osisko?)
I bought some SLW today and SAND looks good too, but I’d hope for positive net income. I saw RGLD as a consistently good stock that was oversold and a value play.
Franco Nevada is dangerously playing with fire according to what I see on MacroAxis. There are discounted Oil and Gas plays with 70% preferred dividends that have only 50 score on financial distress and FNV has 71. Way too risky for me!
Osisko isn’t on the American main stock exchanges, and I usually don’t play with the OTC markets (plus, analytical tools are limited).
Thanks Wiseguy. Yes I have some Sandstorm Gold, and plan on picking up some Silver Wheaton and Royal gold. Yeah, Franco Nevada is fairly solid, but they’ve got a few headwinds at present. Good points.
I’m considering Osisko too, but I have many OTC companies in my portfolio since many resource companies in metals and energy are based in Canada, Australia, S. Africa, S. Amercia, etc….
Yes, OTC shares are a little more limited on analytic tools. In those cases, I use the foreign shares to evaluate the overall trend, but there is also much less liquidity in the OTC shares, and sometimes a huge spread or barely any volume, so the OTC shares tend to bounce around in a little more jerky fashion. However, there are many OTC shares that have great volume, and that is the only way to invest in certain companies. They also can complicate things during mergers/takeovers, spin offs, not having access to certain warrants, etc…
Thanks for your response Wiseguy and may your investing be prosperous.
I just bought some Silver Wheaton today. Sandstorm is appetizing too, but it is not making money at the moment. I’d have to say that the others I’m not familiar with.
Canadian dollar took a dive with oil and gold today. Its pretty damn near on long term support now so I would keep a close eye on what it does. If the Loonie drops much more then look out for oil to take a face-plant off the high board.
Bird:
Yip. I was buying the USD a year ago anx ridiculed resources and thier merry band of pumper. Other than a rally here and there.
The loonie should head lower in the fullness of time.
All the resource gurus killed their followers. Pass the coolaid Bob.
******** BIG AL! WHAT HAPPENED TO THE SEGMENT ON CLIMATE CHANGE! *********
Several of us posted remarks to that podcast yesterday when it was up…….what happen to it!