How Tax Reform Will Impact The Precious Metals
With tax reform looking closer to a done deal I chat with Doc about the follow through impact on precious metals. Although Doc thinks it will be a slow start to the year for PMs there could a bit of a bounce ahead. He also outlines his strategy for continuing to purchase on dips.
Click download link to listen on this device: Download Show
Doug Casey Warns Of The Coming U.S. Police State
Doug says you can’t point back to one specific date. It’s a progression, and here’s just how far we’ve come…(just a step by step thing)
Red Flag: Chicago Commissioners Asking For U.N. “Peacekeeping” Soldiers To Patrol U.S. Streets
Time is running out to get plans and preps in order. Commissioner Boykin says “We’ve been planning for a month now” and “We can’t afford to wait”…
Martin Armstrong: States Are Lobbying In Washington To SEIZE Pension Funds And 401Ks
Martin says that the government is running out of things to tax, so now it’s coming for the pension funds and retirement accounts
Ron Paul says americans are oblivious to this.
Doc, what do you think of NAT after its collapse? I could take a nice tax loss in it if you are not buying.
How would you rank Bob Cousy, Bill Russell, Wilt Chamberlain, Lew Alcindor, Michael Jordan, and Meadowlark Lemon?
BB, I just bought a “little” NAT. I have a lot of time to purchase more in the future. Here’s the deal in my opinion. The oil tanker business is oversupplied right now. There were 70 plus “new builds” delivered to owners this year without a corresponding “scrappage amounts”. In 2018 there are going to be 40 plus new builds to the owners. I don’t know how much scrappage there will be but I believe it will be more then this year. The good news is that there are only 5 new builds for the year 2019 scheduled to be delivered. That should not go up much more since most of these companies are sucking wind. NAT is having 4 new builds in 2018 being delivered throughout the year. I don’t see the stock doing much until 2019 when the market should start recovering. What I will do is slowly buy into the stock just before every quarter announcement of dividend (if they still pay one out for awhile going forward).
BB—-a correction. Nat is having 3 new builds delivered in 2018.
Thanks, Doc.
Meadowlark Lemon couldn’t play serious basketball. He was taken out of the game when the trotters played serious basketball. He was a fantastic showman/clown/trick shot shooter, but basketball player,he was a mediocre small college basketball player.
Mike Maloney
Maloney is now pumping bitcoin it seems, altho he does suggest every bitcoin owner buy PMs.
He could have some to sell.
Funny tho,you would think Maloney and his bud Morgan would know what a bubble looks like.
Im thinking its a 50/50 thing, its either a bubble or its not, the PTB are herding us towards them or theyre not. kinda like the neocons, theyre going to get us all killed or they come to theyre senses.
I did see an article showing that Bix Weir was wrong concerning the gold in the grand canyon, whats the world coming to when Bix doesnt get thing right.
Next you’re gonna tell me Bix is wrong about Alan Greenspan being a closet hero.
Say it ain’t so!!!
Funny how all the gurus are chasing bitcoin……..lol
Business news today(radio) was saying be careful of bitcoin.
They also were pumping pot stocks, they mentioned canopy growth up 100?% but not aurora
up 250%, i figure they own shares in canopy.
All the gurus on the market , have be saying for 3 yrs the stock market is ready to pop, over valued, ……All wrong…….I going with Bob’s favorite…….Nobody knows anything…
When does the availability of crypto currencies become scarce, due to the cost of mining them overtaking the price of producing them?
It seems to me that real commodities have (or are) reaching those levels and if people want to eat things, or wear things, or use things (that have these commodities in them) then they will have to pay more for them.
Perhaps they will divest some of their cryptos when doing so (if they haven’t collapsed by then).
Thanks for your thoughts on silver stocks, Doc!
I am adding to my holdings (including Impact Silver and Avino, among others). Although, I may sell in February if they hit a short-term high and wait and see if a dip commences afterwards (who knows what tomorrow may bring?).
Ron Paul report:
https://m.youtube.com/watch?v=US7XxUC-sLs