KER Politics – Sat 16 Dec, 2017

By Big Al Clinton’s dodge another bullet, submitted by Tim HoweComey’s remarks on Clinton probe heavily edited BY ERIC TUCKER Associated Press JON ELSWICK Sen. Ron Johnson, R-Wis., says edits to a draft FBI statement on the Hillary Clinton email investigation appear to have watered down the significance of the bureau’s findings. Johnson said he had obtained from the FBI a draft statement that then-Director James Comey produced in May 2016 in anticipation of closing out the Clinton email case. The document shows line-by-line edits. Though the FBI had not yet interviewed Clinton about her use of a private email server, officials had already determined that criminal charges were probably not warranted. DARRYL DYCK AP Hillary Clinton WASHINGTON A draft statement former FBI Director James Comey prepared in anticipation of concluding the Hillary Clinton email case without criminal charges was heavily edited to change the “tone and substance” of the … Continue reading

What Is Money? (Yes, We’re Talking About Bitcoin)

By Charles Hugh Smith This post What Is Money? (Yes, We’re Talking About Bitcoin) appeared first on Daily Reckoning. What is money? We all assume we know, because money is a commonplace feature of everyday life. Money is what we earn and exchange for goods and services. Everyone thinks the money they’re familiar with is the only possible system of money — until they run across an entirely different system of money. Then they realize money is a social construct, a merging of social consensus and political force — what we agree to use as money, and what our government mandates we use as money under threat of punishment. We assume that our monetary system is much like a Law of Nature: since it’s everywhere, it must be the only possible system. But there are no financial Laws of Nature for money. In the past, notched sticks served as money. … Continue reading

Time Is Money. Here’s How to Invest Your Time Wisely…

By Samuel Taube When people hear the saying “time is money,” many picture a boisterous manager hounding his employees in a Glengarry Glen Ross-esque sales office. The phrase is often associated with running a business. But as you can see from this week’s chart, it’s equally true for ordinary people saving for retirement. A saver who invests $24,000 at age 21 and retires at age 67 can end up with almost eight times more money than one who invests the same amount at age 47. In other words, each year you don’t put away money could end up costing you tens of thousands of dollars when retirement rolls around. Oxford Club Options Strategist Karim Rahemtulla is acutely aware of this problem, and he’s been promoting two reliable methods for maximizing your return on your time. Method No. 1: Start Early The most foolproof method for turning your time into money … Continue reading

Weekend Special – Sat 16 Dec, 2017

By Cory Auryn Resources Update – Answering Your Questions on Exploration and Finances Ivan Bebek, Executive Chairman of Auryn Resources joins me for an extended interview. Over the past week I received a number of questions on the website and through email regarding the Company. These questions focus on the properties in Nunavut, B.C. (The Golden Triangle), and Peru as well as where the Company stands in terms of finances. We thank you all for your questions. Please keep them coming! Fleck@kereport.com. Download audio file (2017_12_15-Segment-2-Auryn-Resources-Weekend-Special.mp3) Click here to visit the Auryn website to recap the recent news releases. …read more Source:: The Korelin Economics Report The post Weekend Special – Sat 16 Dec, 2017 appeared first on Junior Mining Analyst. … Continue reading

Weekend Show – Sat 16 Dec, 2017

By Cory Looking Ahead For Tax Reform, Central Banks, Politics, and Gold Download audio file (1216-KER-Weekend-Show.mp3) We want to thank you all for listening in this week and hope you all have a great holiday season! This week’s show has some comments on precious metals, tax reform, and the possibility we see more inflation next year. Please be sure to listen to the company updates and introductions linked below. Our sponsors are the ones who make it able for us to provide all the content we do for free. It is huge help when you send in your questions and contact the companies you are interested in. I love hearing from all of you so please email me at Fleck@kereport.com. Segment 1: George Gero, Managing Partner at RBC Wealth Management shares his thoughts on how tax reform will impact retail investors and recaps the year for gold. Segment 2: Ivan … Continue reading

The Morgan Report’s Weekly Perspective with David Morgan

By David Morgan The Morgan Report’s Weekly Perspective | http://www.themorganreport.com The Morgan Report’s Weekly Perspective is our free e-newsletter. Our free e-newsletter will keep YOU in the top 3% of the Informed, the Awake, and the Aware. Join our Free weekly e-letter…http://www.themorganreport.com/joinfreelist I’ve Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors. The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation and asset protection. Thus was born The Morgan Report – since then we’ve helped 11,000-plus members scattered … Continue reading

US lab tests record-breaking magnet

By analyst By Valentina Ruiz Leotaud The US National High Magnetic Field Laboratory broke a world record and its own previous mark by testing a 32-tesla magnet which is 33 per cent stronger than what had previously been the strongest superconducting magnet used for research and more than 3,000 times stronger than a small refrigerator magnet. The 32T’s field strength is created with a combination of conventional, or low-temperature, superconducting magnets, and a high-temperature superconducting material called YBCO, composed of yttrium, barium, copper, and oxygen. “The new system, and the magnets that will follow, will give scientists access to insights never before possible,” physicist Laura Greene, the MagLab’s chief scientist, said in a press release issued by Florida State University -where the lab is headquartered. “We expect it to break new ground in a variety of research areas. Physicists are especially excited about advances in quantum matter, which features new … Continue reading

Relief Rally in Gold Mining Stocks

By Jordan Roy-Byrne CMT, MFTA In recent days the gold stocks (GDX, GDXJ) traded within 1% of our downside targets of GDX $21.00 and GDXJ $29.50. Last week we wrote: “the miners are getting oversold and a bounce could begin from those levels.” GDXJ troughed first last week at $29.84 while GDX printed a low of $21.27 on Monday. From their September peaks down to those lows, GDX and GDXJ had declined nearly 17% and 21% respectively. They are oversold, nearly touched good support and now the rate hike is behind them. We expect a rally in the sector well into January. With a rebound underway we should turn our attention to potential upside targets. GDX closed the week at $21.99. It has resistance at $23.00 including its 200-day moving average at $22.83. GDXJ closed at $31.46. It has resistance at $33.00. Its 200-day moving average is at $33.49. In … Continue reading

Mexican miners reach deal with Canadian company, go back to work

By analyst By Valentina Ruiz Leotaud Following a 40-day stoppage, employees of Minera Media Luna who work at El Limón-Guajes site in the Mexican state of Guerrero are going back to work. Minera Media Luna is Canada’s Torex Gold Resources (TSX:TXG) wholly-owned subsidiary in the Latin American country. It operates the El Limón-Guajes project, one of the richest open-pit gold deposits in Mexico at a resource grade of 2.65 g/t. Starting on November 6, 2017, some three dozen workers blocked the entrance of the mine near the town of Real de Limón, demanding the right to join the National Union of Mine, Metal, Steel and Allied Workers of the Mexican Republic, known as Los Mineros. The problem was that Media Luna had already signed an agreement with a different union. To resolve the issue, the company organized a series of meetings with Los Mineros and a consultation process, which was … Continue reading

CHART: High flying metals to fall back to earth in 2018

By analyst By Frik Els Gold’s looks like it’s limping to the finish line with a $100 decline from it’s 2017 high hit three months ago, but bullion bulls would probably feel happy about a second year of near double digit gains (provided the last fortnight of 2017 has no surprises in store). Silver’s been a real disappointment this year with the precious metal failing to capitalize on the fact half of demand is from industry and a good chunk of that from green energy. Platinum and palladium has gone in opposite directions with the latter up by more than 50% this year, stretching the gap with its sister metal to the widest in 16 years. This helps to explain why platinum is the pick among forecasters for an improvement next year, while palladium is likely to retreat from today’s lofty levels. Copper suffered its worst one day fall in … Continue reading