Big Al, Cory and Doc discuss today’s rate hike
Today’s quarter point rate hike was certainly antiipated, but what does it really mean.
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indeed….
$NUGT up 21%
$JNUG up 32%
Hey shad. I got a 1/4 bag of DUST to sell you for cheap.
🙂
Jason – you’re a madman with the 3xETFs….. and now you’re a DUST-slinger 🙂
No thanks, my message was gold & silver & the miners had done exceedlngly well after the last 2 rate hikes, and have historically when there are hikes in a negative real rate environment.
Now after we see how this plays out, if we do get a small rally here, then when it looks too frothy, I’ll join you in DUST. Until then just letting this play through…..
About TIME you get Doc on here! Man! Metals to da MOON today! I am playing USLV and NUGT for me. SLV for my son. Will be holding USLV and SLV over night. Gonna TAKE my profits on NUGT today and buy some JNUG for over night.
Overnight? I plan to hold my mining shares for years!
Hey Bomz. No way am I holding 3x anything for any length of time. Now ASM on the other hand is a different story. That is my long metals play.
ASM is a great longer term hold.
Obama used British agents to wiretap Trump……….zh
nothing will happen jerry.
we will get war before the pedophiles get charged
this will be like rome………no funding no soldiers……..
just for info ………news / noise…..is out again on the birth certificate…….
i saw that, his brother produced it, its already forgotten
was that the one from today at sgtreport?
I find sites run the same articles a few times, I think I saw it a few days ago. not sure tho.
Also, these sites run each others articles.
Gotta be tuff coming up with new material.
The PM space info is actually pretty finite.
other than researching company by company, there are ore than one lifetime could cover. lol
I realize there are a lot that run the same articles…..and is a lot of overlap.
I saw the birther article tied to Comey article, …with a tweeter from what look like today’s news, and someone was restarting the conversation of the two birth certificate based on the tweeter……..
So Doc, have you have changed your thinking?
You dont see gold going to $1160 now?
Bob M……has some sound advice……find the management team that has been successful in the mining industry and avoid the scam artist (or close to that)
That’s good advice from Bob M. (as per usual).
yes it is good advice from Bob, which is why I was kinda surprised about an article he wrote.
What article where surprised about?
Do you mean the recent one where he told everyone to get back in the pool?
That was a good one where he discussed zinc, lithium, and cobalt as well.
Not real sure I wanna say much, I already posted I cant stand the company.
One way to tell if managment “blows” is if they do not do what they say they will, or if “stories” happen.
I just think share price has been been more important to them than actually mining.
Ya never know tho, managment can change.
Yeah, that was the same article where he discussed Northern Dynasty (NAK) (NDM) and he was spot on about it in the comments he made.
b – I just saw on the other post where you clarified you were talking about Canadian Zinc…. still it was that same article.
Personally, I’ve been pretty bullish on Zinc and Zinc miners for the last 6-8 months and they’re really started to move lately (last 3-4 months).
For example – look at the moves Tinka, Vendetta, and Trevali have just put in – very nice action.
I also decided recently to place a speculative position in Callinex to see if they will flip the switch on their next drill campaign after bombing out on the last one. They explained their strategy to my satisfaction when they were at the Metals Investor Forum, so it seemed worth it to come in during the beat-down and general disinterest and pick up a position. The thesis is that this 2017 drill campaign (with a few good drill holes) could turn that ship around. This is definitely more speculative, but they’re doing the right kind of exploration work and got punished pretty hard for the last set of drill results, with investors forgetting all the solid results they’d hit previously. Looking forward to seeing how things develop for them.
Hands down though Tinka was my pick of the litter but I’ve trimmed a lot back because it just seemed to move up too fast. It’s pulled back a bit, but now I’m scared it may put it’s head down and charge and I’ve reduced my size down too far.
Anyway, Zinc has a bright year ahead of it, and I believe the Zinc Explorers will continue to attract investor attention.
One of the Zinc stocks that has not participated in this Zinc rally yet is Heron Resources. I’ve been nibbling away at it, and was shocked to see their spin out company Ardea go totally nuts due to the Cobalt situation, and surpass the mother company in valuation. Crazy times in Cobalt.
Regardless, Heron is a very solid Zinc Copper development stage company that should start attracting a few more eyeballs.
Then there are companies like Zazu Metals that have moved like crazy because Teck’s Red Dog is right near them in Alaska, but I don’t believe Teck is in the position to take them out at this point. Some have mentioned Lundin’s interest in them through his Zebra Holdings company, but I think it may sit on the back burner a while longer. You wouldn’t think so by seeing how the share price has launched up though.
Lots going on with the Zinc miners…
as long as there is fiat………gold is going higher……
$1307 next stop…………
Carson Block………..the possibility of a US default more likely than some think…..zh
Carson Block: “The Possibility Of US Default Is Greater Than Anyone Seems To Realize”
by Tyler Durden – Mar 15, 2017
http://www.zerohedge.com/news/2017-03-15/beware-debt-ceiling
Stockman? Has been saying that to anyone that would listen for a few weeks now.
Price mighta wrote somthing too, a few people I guess.
You know, the austrians are right, then why havnt we crashed yet?
Check the power of the Rothchilds.
We will crash when/if they decide.
Debt,fiat,gold,war…none of it matters.
the Rothchilds forgot one thing……..jubilee
reposting:
James Perloff: Should We Ourselves Brace for March 15?
March 7, 2017
https://www.henrymakow.com/2017/03/james-perloff-march-15.html
That was a token “tinfoil” hat post for the week (since I normally don’t post conspiracy sites), but it references both the Rothschilds and that Stockman interview.
Infotainment.
What isn’t a conspiracy is that tomorrow we find out of the Debt Ceiling was raised or if they are shutting down the government. My guess is they raise for all the reasons we already discussed over the last few days. If for some reason they don’t, I added more to my UVXY today just as a precaution. Oveall in my portfolio it is a pretty small position, but I just want it there as a hedge (just in case anything gets messy tomorrow). If everything is fine in Mudville, then I’ll sell for a small loss, but I could see volatility spiking if things get wonky.
If the government does raise the Debt Ceiling as anticipated, then that just insures that the DEBT MONSTER will be let loose under this new administration, which likely underpins the Precious Metals as well. Mo money……
I have not seen that site before……..interesting……
Tomorrow is another day……….Debt ceiling……No debt ceiling…..time will tell, until then the tin foil is ready
jubilee?
Are you kidding?
That only happens if Rothchilds says so.
And they will be perfectly positioned for it if it does.
if your mind is limited , so will be the results………
a self proclaimed debt jubilee…….go and owe no man……you do not need a banker…
Therefore we do not need a CENTRAL BANK……
sure, we can all use bitcoin. lol
You have read to much into the info…….Central Banking…..not local banking
Watch what gold does at resistance at $1224. That is crucial. Gold failed there not many days ago and then went below $1200. A nice move up today though on the rate hike.
http://1000gold.blogspot.co.uk/2017/03/gold-analysis-shows-1145-target-still.html
CPI-U Inflation was less than my attempts at modelling it had forecast. I expected just over 3% for Feb and Mar CPI followed by a fall. All due to the year over year increases in oil prices. Perhaps they are not fully factored in yet. It will be fascinating to see what March inflation is when announced on 14 April 2017.
Man the #Gold & #Silver Miners are rallying strong. A very nice Green day.
$GDX up 7%
$SIL (the EFT) up 8%
$GOEX up 8%
$GDXJ up 10%
$SILJ up 7%