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Wednesday, December 4, 2019

Brian Leni Shares His Number One Mining Stock Pick

from Mining Stock Education

In this interview, Brian Leni of JuniorStockReview.com shares the number one mining stock pick in his portfolio and why he invested in this company. Brian also discusses how he discerns his entry and exit points for a mining investment and talks about the due diligence process he goes through before purchasing a mining stock. Furthermore, he shares thoughts on tax-loss selling season and regarding a commodity he has been watching recently.

Brian first discovered mining stocks about 14 years ago and was immediately intrigued. In 2014/2015, Brian anticipated that the resource sector was closing in on a bottom, and he wanted to access more capital for the expected up-cycle. So he sold his home and then invested 2/3 of the home sale proceeds into resource stocks. By August 2016, he saw his invested funds triple in value. Due to his large gains, Brian quit his professional job as an engineer and now devotes his time to researching and investing in mining stocks.

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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/2qlnzKR

Fake Election Season in Full Bloom – Triple Lutz Report Episode #474

from Financial Survival Network

Everything about the Democratic Party’s election show is a charade and a farce. Nothing is real, especially the candidates. They’re as real as the caps on Joe Biden’s teeth or the hair-plugs in his scalp. None of them are legitimate candidates. They’ve been put up by the elites to give the appearance of a hotly seated contest. It’s simply a set-up for a brokered convention, or if Biden actually prevails, his stepping down before the convention, to enable the elites to choose the proper candidate. Either way chaos and havoc will reign. So get ready for Trump’s second term. I called him in July of 2016 and I’m calling this one now.

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Celente – What Is Happening Right Now Is Shocking And Unprecedented

On the heels of some wild trading to kickoff December, Gerald Celente said what is happening right now is shocking and unprecedented.

The post Celente – What Is Happening Right Now Is Shocking And Unprecedented appeared first on King World News.



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The Gold Market Is Now On The Cusp Of A Major Breakout

Today one of the greats in the business said the gold market is now on the cusp of a major breakout.

The post The Gold Market Is Now On The Cusp Of A Major Breakout appeared first on King World News.



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There’s Always Honor Among Central Bankers with John Rubino

from Financial Survival Network

John Rubino is back… Poland just took back $5 billion of gold that was being held for it in London. Is that a sign of things to come? Signs of stress. Probably an important development. An unknown speculator bet $1.75 million on gold hitting $4k per ounce at a point in the future. The latest global debt number came out at over $250 trillion. Central banks are starting to act on the fear of an impending credit bust.

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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/388pTG0

The Madness of Crowds and Canadians with Danielle Park

from Financial Survival Network

Danielle Park returns… While our neighbor to the north has but a fraction of the US’s population, what happens there is important here as well. Miami’s real estate market is near collapse and hedge funds are taking a hit. What’s happening in Canada is no different than what’s happening here. Nonetheless, the migration from North to South continues on unabated.

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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/2sFLpSk

CSI: US Equity “Markets”

What happened last night -- the Fed money hose connected to the Trump admin’s use of Bloomberg to pump out another China trade rumor -- is really a crime scene. I’m not sure which bothers me the most, that it happened again, or that it worked again. Neither speaks very highly for the integrity of the system.
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Art Cashin On Yesterday’s Wild Trading And What To Expect Today

Here is legend Art Cashin's take on yesterday's wild trading and what to expect today.

The post Art Cashin On Yesterday’s Wild Trading And What To Expect Today appeared first on King World News.



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Peter Schiff: Will the Grinch Steal Wall Street’s Santa Claus Rally?

The Dow Jones was down over 280 points yesterday, marking the third straight day of declines. Sudden pessimism about a trade deal has tanked stocks. In his latest podcast, Peter Schiff talked about it. Typically, December is a strong month for stocks with the so-called “Santa Claus rally.” Peter said maybe the Grinch is going […]

from SchiffGold.com https://ift.tt/2sCM6f9

Daily Digest 12/4 – U.S. Stock Market ‘Will Get Crushed’ In Next Recession, Is Holiday Overeating Slowly Killing Us?

Economy

Is holiday overeating slowly killing us? (Saxplayer00o1)

The overeating and overdrinking that typically takes place between the middle of November and New Year is a prime driver of the obesity epidemic that now kills more Americans than smoking, according to this scientific survey published in the British Medical Journal

Column: Twitter exchange with Cook County assessor sums up outrage and exodus: Tax hikes are paying for debt, not services. (Saxplayer00o1)

Acquiring debt is too cavalier a process in most government spending bills. The state’s $45 billion capital spending plan, approved last spring, includes money toward a highway interchange for a Peotone airport, pickleball courts, dog parks and bike paths. Meanwhile the state is sitting on a pile of $5.8 billion in bills it cannot pay, and its combined unfunded pension liability climbed recently to $137 billion.

Global Bank Job Cull Exceeds 70,000 in 2019 With UniCredit Cuts (Saxplayer00o1)

UniCredit SpA’s plan to eliminate 8,000 jobs is pushing cuts announced by banks this year past 73,000, almost all of them in Europe, where negative interest rates and a slowing economy force lenders to slash costs.

Japan Preparing $120 Billion Stimulus Package to Bolster Fragile Economy (Saxplayer00o1)

Such spending could strain Japan’s coffers – the industrial world’s heaviest public debt burden, which tops more than twice the size of its $5 trillion economy.

Pimco Joins Chorus of Negative Rate Detractors as Backlash Grows (Saxplayer00o1)

In an attempt to boost their returns, investors are chasing riskier assets which might prove to be harder to sell. That’s a particular worry for pension funds, which are often required by law to guarantee a certain level of payments to retirees. Pimco warned of instability and potential capital injections if they fail to deliver.

Jeffrey Gundlach: The US stock market ‘will get crushed’ in the next recession (Adam)

For several reasons, Gundlach warned that pattern isn’t likely to last forever. He added that investors should consider a pattern he highlights in his “chart of the year,” which divides the world into four regions — the United States, Japan, Europe, and Emerging Markets — and looks at the major stock market indices.

They Saved the Worst for Last: Why Trump’s Impending December Tariffs on China Should Be Rolled Back (edelinski)

No serious deal is in sight on the complaints that initially fueled the trade war, especially China’s violations of American intellectual property rights. But the December tariff round would largely hit products designed and marketed by multinational firms, mostly with components from the United States and its allies, and assembled in non-Chinese-owned factories.

Wind turbines are neither clean nor green and they provide zero global energy (Boomer41)

Here’s a quiz; no conferring. To the nearest whole number, what percentage of the world’s energy consumption was supplied by wind power in 2014, the last year for which there are reliable figures? Was it 20 per cent, 10 per cent or 5 per cent? None of the above: it was 0 per cent. That is to say, to the nearest whole number, there is still no wind power on Earth.

Russia Ignores OPEC Commitment Two Weeks Before Landmark Meeting (Michael S.)

Russia’s non-compliance extending into November could further complicate talks next week. Russia is the key ally of OPEC and its de facto leader Saudi Arabia in the pact, but it has been regularly exceeding its cap. The Saudis, for their part, are going the extra mile by cutting 400,000 bpd more than they are expected to.

Anthracnose alert: How bacteria prime fifth-biggest global grain crop against deadly fungus (newsbuoy)

But once the fungus has truly invaded its host, it switches from unwanted parasite to wholesale destroyer. As if a switch has been flicked, it starts demolishing the structural supports and cells of the plant. This way the fungus feeds its ravenous appetite and gets ready to procreate.

Gold & Silver

Click to read the PM Daily Market Commentary

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

The post Daily Digest 12/4 – U.S. Stock Market ‘Will Get Crushed’ In Next Recession, Is Holiday Overeating Slowly Killing Us? appeared first on Peak Prosperity.



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Peter Schiff: This House of Cards Will Come Crashing Down on Consumers

Stocks closed out November on a high note with the hope of a trade deal fueling Wall Street. But is this warranted? And are consumers really doing a well as the mainstream would have us believe? Peter Schiff appeared on RT Boom Bust last week to talk about it. He said it’s all a house […]

from SchiffGold.com https://ift.tt/2qohsWi

Tuesday, December 3, 2019

The Real Reason For Tuesday’s Gold Surge, Plus Printing Presses Are Rumbling

This is the real reason for Tuesday's gold surge, plus printing presses are rumbling.

The post The Real Reason For Tuesday’s Gold Surge, Plus Printing Presses Are Rumbling appeared first on King World News.



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Gold Surges More Than $20 As Silver Breaks $17 But Here Is The Big Gold & Silver Surprise, Plus The Monetary Endgame

Gold surged more than $20 and silver broke above $17 but here is the big gold and silver surprise, plus the monetary endgame.

The post Gold Surges More Than $20 As Silver Breaks $17 But Here Is The Big Gold & Silver Surprise, Plus The Monetary Endgame appeared first on King World News.



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Daily Digest 12/3 – Living in Dark Mode In Hong Kong, What Iran Did Not Want You to See


Economy

What Iran Did Not Want You to See (Sparky1)

A hike in fuel prices sparked protests across Iran. Ms. Bahreini exposes and analyzes footage of human rights abuses by Iranian security forces, including shootings into crowds of unarmed protesters. And she warns of what may come next — incarceration, torture and forced confessions that will further oppress the Iranian people. If the world does not take a stand, Ms. Bahreini fears, Iran’s internet blackout may foreshadow the nation’s darkest days.

Living in Dark Mode (tmn)

We sneak in moments of quiet in between the clashes on the streets. Sometimes we go to the movies and order too much popcorn. Sometimes we have dinner with friends who understand, and we don’t post photos of our food. When we accidentally manage to spend a day without feeling overwhelmed, it feels stolen. What is the point of doing anything when you don’t know whether your city has a future? I try writing, and words feel inadequate.

Street protests across the world are a fitting coda to this uneasy decade of revolution and reaction (tmn)

Meanwhile, in Lebanon, members of the military formed a human chain on Sunday near the presidential palace outside Beirut to prevent violent clashes from breaking out between rival Lebanese protesters as a stalemate over forming a new government continues. Prime Minister Saad Hariri resigned about a month ago in the face of protests accusing the elite of corruption and economic mismanagement, but President Michel Aoun has not formally begun the process of forming a new government.

Nancy Pelosi Pushes The House To Pass USMCA, But Neglects A Bill With Broad Support To Strengthen Unions (newsbuoy)

Jayapal told The Intercept that she believes that House leadership remains committed to the bill and that she and the Progressive Caucus have been pressuring them to bring it to the floor. “I think it is really critical for us as Democrats,” she said. “And anyone on the Democratic side who is wary of expanding collective bargaining I think should be thinking really clearly about why that would be.”

Russia and China connected by a bridge for the first time (Sparky1)

The first road bridge linking Russia and China is complete following the launch of a natural gas pipeline between the two countries, Reuters reported on Monday.

China Bars U.S. Military From Hong Kong Ports Over Support For Protesters (Thomas R.)

When President Trump signed the Hong Kong legislation last week, he said he was doing so “out of respect for President Xi, China, and the people of Hong Kong.” He also urged an amicable peace between Beijing and the former British colony, where protesters have repeatedly launched mass protests this year to call for true universal democracy and other demands.

The New ‘Black Codes’ (newsbuoy)

The war on poor people of color has been a bipartisan project. No one was executed in the United States between 1968 and 1976, but drastic changes in laws occurred in the 1990s. During the administration of President Bill Clinton, Democrats and Republicans passed a series of “law and order” bills that saw the number of crimes punishable by death leap to 66 in 1994. In 1974, there had been only one such crime identified in federal law.

Supreme Court to take up first gun rights case in nearly a decade (Thomas R.)

Gun control advocates at both the city and state levels scrambled to find a way to remove the case from the justices’ grasp. Not only did the city change its regulation to allow licensed gun owners to transport their weapons to locations outside New York’s five boroughs, but the state enacted a law barring cities from imposing the challenged restrictions.

Second Amendment Case May Fizzle Out at the Supreme Court (tmn)

Chief Justice John G. Roberts Jr., a member of the court’s conservative majority, asked questions that seemed aimed at making sure that the case was truly moot. But two other conservatives, Justices Samuel A. Alito Jr. and Neil M. Gorsuch, appeared ready to decide the case, saying that the repeal of the law did not settle every question before the court.

Justice Gorsuch said he was skeptical of the city’s “herculean, late-breaking efforts to moot the case.”

Trump reinstates tariffs on steel and aluminum from Brazil and Argentina (TS)

“Their economy is not comparable with ours, it’s many times bigger. I don’t see this as retaliation,” said Brazil’s President Jair Bolsonaro, who has touted his friendship with Trump, in an interview on Monday, according to Reuters. “I’m going to call him so that he doesn’t penalize us … Our economy basically comes from commodities, it’s what we’ve got. I hope that he understands …and I’m almost certain he’ll listen to us,” he told Brazil’s Radio Itatiaia.

Australia’s New South Wales rolls out mobile phone detection cameras (TS)

For the first three months after the detection systems are in operation, offending drivers will be issued warning letters. After that, the penalty will be a A$344 ($233) standard fine and a A$457 fine in a school zone. In both cases, drivers will also receive penalty points.

Networks of Opposition: A Structural Analysis of U.S. Climate Change Countermovement Coalitions 1989–2015 (newsbuoy)

The climate change countermovement (CCCM) in the United States has exerted an important influence on delaying efforts to address climate change. Analyses of this countermovement have primarily focused on the role of conservative think tanks. Expanding this research, this article initiates an examination of the structure of key political coalitions that worked to oppose climate action. In conjunction with their allied trade associations, these coalitions have served as a central coordination mechanism in efforts opposed to mandatory limits on carbon emissions.

Solar Dehydrator: A Very Appropriate Technology (Kara S.)

The plans specify about $300 worth of materials, but I think we spent about $200 total to build three dehydrators. Somebody had some plywood and hinges lying around. Somebody else had extra chicken wire that could sub for the specialty metal in the heat collector. Somebody found some close-enough-sized windows at the ReStore for $6, instead of ordering new plastic. My neighbor gave me exterior paint in return for tractor work.

Gold & Silver

Click to read the PM Daily Market Commentary

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

The post Daily Digest 12/3 – Living in Dark Mode In Hong Kong, What Iran Did Not Want You to See appeared first on Peak Prosperity.



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Cannabis Going Bust? with Allison Ostrander

from Financial Survival Network

Allison Ostrander of Simpler Trading returns… Cannabis stocks rallied for a second day last Wednesday, buoyed by a historic congressional committee passage of a bill that aims to lift the federal ban on weed, as well as strong gains for Curaleaf after it posted a narrower-than-expected third-quarter loss. Curaleaf’s U.S.-listed shares CURLF, +15.23% CURA, +15.07% were last up 15%, as investors shrugged off its revenue miss. The Massachusetts-based company posted a loss of $6.8 million, or a penny a share, versus losses of $33.7 million, or 9 cents a share in the year-ago period. Revenue rose to $61.8 million from $21.4 million. Analysts polled by FactSet had expected losses of 2 cents a share on revenue of $63.6 million. GMP analyst Robert Fagan, who rates the stock a buy, said the numbers were “largely in line with our relatively high expectations.” The revenue number was below his estimate of $67 million. He highlighted positives, including good cost control, a sequential rise in sales and that vaping fears had only a mue effect on Select’s sales in the quarter. The company acquired the Select brand in May for CS1.27 billion ($954.7 million). Read now: As pot stocks sink, these two guys just raised $120 million to buy Don’t miss: All the excuses cannabis companies are making for an ugly crop of earnings MKM analyst Bill Kirk raised his fair-value estimate on the stock to C$8 from C$6 but stuck with his neutral rating on the stock.

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