A Corporate Debt Crisis Is Underway… And Nobody Cares

A Corporate Debt Crisis Is Underway… And Nobody Cares By Justin Spittler Investors no longer give a damn. That might sound harsh, but when things are this backwards, you have to tell it like it is. You see, I read something recently that disturbed me. I had to pinch myself to make sure I wasn’t dreaming. It was an article I recently stumbled upon in Bloomberg. In it, the author explained how U.S. companies are issuing debt at breakneck speed. You see, U.S. companies have already issued more than $360 billion worth of investment-grade bonds just this year. Corporate America is now on pace to issue the most investment-grade debt in the first quarter since 1999. I don’t have to remind you how that ended… But here’s the really crazy part… Investors are lining up around the block to buy these bonds. If you read yesterday’s Dispatch, you know where … Continue reading

Will FATCA be repealed?

Posted on 19 February, 2017 by Orlando Gotay Since I have been closely following the unfolding—and somewhat constantly shifting tax policy of the Trump administration and the 115th Congress, I get asked often what will happen, if anything, to FATCA, the Foreign Account Tax Compliance Act. Recall FATCA has turned virtually every foreign country and bank into an agent of the IRS, reporting back to the US Treasury on the holdings of US “persons”. Along with a bunch of additional requirements, like the odious Foreign Bank Account Report, it presents a truly formidable fiscal challenge even for the ‘normal’ expat. Most countries folded and signed agreements with the US where they agree to share financial information of US persons, under clear threat of punishing withholding taxes of US sourced payments to people in those countries. Even Vatican City signed up. Some countries have taken their time, and there has been … Continue reading

Cameco explores sale of U.S. uranium mines as six-year slump drags on

Reuters | March 6, 2017 2:26 PM ET             Canada’s Cameco Corp, the world’s second-biggest uranium producer, is exploring the sale of its U.S. production facilities, its chief executive said on Monday, as a six-year slump in the industry drags on. Cameco, which has been cutting costs and curbing production, is in the early stages of evaluating the sale of its mines in Wyoming and Nebraska, but also wants clarity on U.S. President Donald Trump’s plans for nuclear power, Chief Executive Tim Gitzel said in a telephone interview. “We are in the process of looking at divesting those assets. We’re not very far into it, so I can’t say too much, but it’s something we’re looking at,” he said from the city of Saskatoon in Saskatchewan province, where Cameco is based. … Continue reading

The Passing Of Larry Edelson

March 6, 2017 Editor Note from Dudley Pierce Baker http://CommonStockWarrants.com Today we learned of the passing of Larry Edelson at the young age of 61. While I never met Larry, he was a colleague of ours in the business and was an incredible talent of great knowledge. I was a subscriber of Larry’s and always looked forward to seeing his next comments on the big picture in the world’s markets and so much more. I am also particularly proud to say that Larry was a subscriber to my services for many years. Our sympathies and respect go out to Larry’s family, Martin Weiss and the entire Weiss Research organization. A life cut short and which we will greatly miss. Larry Edelson, a great man and dear friend of many years, has just passed away. All of us, including his wonderful family, my wife and I, plus his many devoted colleagues … Continue reading

American Manganese TSXV:AMY – WHERE WILL ALL THE ELECTRIC CARS GO WHEN THEY END THEIR SERVICE LIFE?

  March 2, 2017 Editors Note from Dudley Pierce Baker American Manganese is interesting company which we own and should be of interest to investors. http://JuniorMiningNews.com       WHERE WILL ALL THE ELECTRIC CARS GO WHEN THEY END THEIR SERVICE LIFE? “… Of all the hurdles that electric cars have had to overcome, one of the most annoying, and persistent, has been what to do with the batteries when the vehicles reach the end of their service life. he shell of an electric vehicle (EV) is much the same as that of any gas-powered automobile: a mix of metal, plastics and some fabric. Comprehensive recycling programs exist to deal with most of those components. But the batteries pose a different, and heretofore perplexing problem. Enter American Manganese Inc. (AMI), who say they have the answer to the world’s emerging EV market disposal problems….” READ THE ENTIRE ARTICLE … Continue reading

Kootenay Silver’s, Jim McDonald interviewed by Katusa Research at the Cambridge Investment Conference

March 1, 2017 Editors Note from Dudley Pierce Baker We have know Jim McDonald for several years and are investor in KTN and KTN.WT. This interview with Katusa Research gives a great insight as to their possible growth and expansion of silver resources. For other exciting opportunities visit my website, http://CommonStockWarrants.com   Kootenay Silver Inc.   … Continue reading

Tesla’s Battery Revolution Just Reached Critical Mass

Three new plants in California show how lithium-ion storage is ready to power the grid. by Tom Randall January 30, 2017, 5:45 AM CST Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one—one that’s been used to help justify the company’s $5 billion factory near Reno, Nev.—but batteries have so far only appeared in a handful of true, grid-scale pilot projects. That changes this week. Three massive battery storage plants—built by Tesla, AES Corp., and Altagas Ltd.—are all officially going live in southern California at about the same time. Any one of these projects would have been the largest battery storage facility ever built. Combined, they amount to 15 percent of the battery storage installed planet-wide last year. Ribbons will be cut and executives will take their bows. But this is a revolution that’s just getting started, Tesla … Continue reading

Ellis Martin Report with Common Stock Warrants’ Dudley Baker

February 13, 2017 Published on Feb 13, 2017 Ellis Martin visits with analyst and newsletter writer/analyst Dudley Baker of http://www.commonstockwarrants.com to discuss buying low in a downturn and reaping the potential benefits as a bull market in metals seemingly returns. Listen to hear about successes and multiple ROI’s to possibly be gained in the coming market. … Continue reading

Iron ore price hits 2.5-year high

February 10, 2017 Frik Els One of Vale’s giant iron carrier docks at Brazilian company’s transhipment facility in Malaysia The Northern China import price of 62% Fe content ore jumped 4.6% on Friday, reaching $87 per dry metric tonne level after data showed imports by China, top consumer of the steelmaking raw material, continued to strengthen in 2017 after hitting an all-time high last year. It was the highest level since August 2014 and the iron ore price has more than doubled in value over the past year following near-decade lows of $37 a tonne in December last year according to data supplied by The Steel Index. Trade figures released overnight showed China imported 92 million tonnes of iron ore in January, up 12% or just less than 10 million tonnes compared to a year ago. Shipments for January were the second highest on record valued around $7 billion. The all-time record … Continue reading

Copper price surges on BHP force majeure

February 10, 2017 Frik Els Escondida is forecast to produce nearly 1.1 million tonnes or 5% of the global total in 2016. (Image courtesy of BHP Billiton) In New York  on Friday copper for delivery in March jumped by more than 4% to $2.7710 per pound or $6,100 a tonne after BHP Billiton declared force majeure at its Escondida mine in Chile. Copper is now trading at its highest level since late May 2015 with year-to-date gains of just under 10%. BHP confirmed on Friday it could no longer meet contractual obligations on metals shipments from the mine, the world’s largest copper operation by a wide margin.  Striking workers also blocked roads at the Coloso port, where hundreds of thousands of tonnes of copper are shipped annuallySome 2,500 workers at Escondida walked off the job on Thursday and all indications are that the union is preparing for an extended fight over wages and … Continue reading