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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@nobshereAccording to GoBankRate, 56% of Americans have less than $10,000 saved for retirement. Over half of this group actually said they have ZERO in savings when participating in the study.
When looking at demographics, it is no surprise that 72% of Millennials are in the category for the worst savers.
This generation has been plagued with low wages and a government-fueled bubble in college tuition. This has left them saddled with student loans, credit card debt, and part-time jobs with bachelor’s degrees.
@nobsherePrecious metals. I don’t know what it is about holding a physical gold or silver coin in your hand, but believe me, you don’t want to sell it… which is why precious metals do make a great way to save – they preserve your purchasing power over time, and in order to convert your coins into cash, you have to either go find a local shop or call up a bullion dealer, who will force you to go to the post office, send the metal in, and wait for a check or wire.
@nobshere•Mongolia has reached a $5.5B bailout agreement with the IMF, just weeks before the country’s development bank faced a $580M debt repayment due in March.
•Other help is coming from the Asian Development Bank, World Bank, Japan, South Korea and the People's Bank of China.
•The landlocked nation saw its economy grow at a double-digit annual rate over 2011-2013 as foreign investors sought to take advantage of its vast untapped mineral deposits, but it has recently been hit hard by an economic crisis.
Merkel: Euro has a 'valuation problem'
Feb. 19, 2017 7:36 AM ET|By: Yoel Minkoff, SA News Editor
•"We have at the moment in the eurozone of course a problem with the value of the euro," Angela Merkel told reporters at the Munich Security Conference.
•"The ECB has a monetary policy that is not geared to Germany, rather it is tailored (to countries) from Portugal to Slovenia or Slovakia... But this is an independent monetary policy over which I have no influence as German chancellor."
@nobshereJOHANNESBURG — After months of negotiations with its partners, Sherritt International Corp. is still considering a complete exit from its costly joint venture in Madagascar as it struggles to reduce its huge debt burden.
The Toronto-based company owns 40 per cent of the Ambatovy nickel and cobalt mine in Madagascar, which cost more than $5-billion (U.S.) to develop. Last year, it announced a $1.6-billion (Canadian) writedown of the value of its stake in the mine, where it is also the operator.
After borrowing about $650-million (U.S.) from its partners to pay for its share of developing the mine, Sherritt has seen this loan balloon to about $1.3-billion (Canadian) on its balance sheet as the interest compounded, according to David Pathe, Sherritt’s chief executive officer. “It’s an enormous debt number for a company our size,” Mr. Pathe said in an interview at an African mining conference in Cape Town. Sherritt, which also has mining and energy projects in Cuba, announced its year-end results on Thursday evening, reporting a net loss of $378.9-million for the year ended Dec. 31. This was a reduction from a net loss of $2.1-billion in the previous year. The 2015 loss was largely due to the $1.6-billion Ambatovy writedown.
@nobshereand the world says fall Just amazing the sht show !! UN where are u in this Trump where are u .Nat another problem for the future...In a 60-52 vote late in the evening, Israel’s Knesset has agreed on a bill that allows the Israeli government to unilaterally seize land privately owned by Palestinians, make it state property, and then transfer it to settlers for the construction of settlements in the occupied territories.The immediate impact of the law is to retroactively legalize some 4,000 Israeli settler units illegally built on privately-owned Palestinian land. The long term implications could be much, much broader, which has the far-right members of the Israeli coalition declaring the vote “historic.”
That’s because it doesn’t just apply to these 4,000 units, but all land owned by Palestinians anywhere in Palestine, setting the stage for the wholesale dispossession of what land is still legally owned by Palestinians under the occupation, and its transfer by the Israeli government to settlements. This is seen as another big step toward ultimately annexing the territory outright into Israel.
@nobshereWhile it has become increasingly common for NATO to blame Russia for pretty much anything,((Also McCain+Dems)) today’s “fake news” allegation tries to pin on Russia a rumor started by a handful of emails, and which never got much traction outside of a few rumors in Lithuanian media.The rumor was that German troops, who were recently deployed to Lithuania to target Russia, had been accused of raping an underage Lithuanian girl. An email claiming this was sent to a top Lithuanian MP and a few local media outlets, but was quickly abandoned when authorities insisted there was no such victim and no evidence anything about the story was true.Rumors like this are relatively common, and the only unique aspect of this one was that a couple of local Lithuanian media outlets took the bait and published the rumors. Still, officials are eager to blame Russia, seemingly just on the idea that the troops are there to target Russia, so Russia would have an interest in embarrassing them.
This is just the latest claim that Russia is targeting Germany, which also includes some vague allegations that Russia is plotting to see a Euroskeptic German party, the AfD, perform well in the upcoming September elections. This allegation appears based wholly on the fact the AfD is polling well, and that the current ruling party wants to blame them for it.
@nobshereI have been asking Muslim organizations Why they don't have massive protests in the USA against Muslim Terrorists/Terrorism ...Where are they I have not seen one. They do however come out to protest Mr TRUMP
@nobshereIt’s truly amazing that the Klondike Gold Rush has been so thoroughly embedded in Canada’s historical conscious yet the Cobalt Silver Boom of the 1900’s – in many ways so much bigger than the Klondike Gold Rush – is largely unknown, another example of how the Toronto/Ottawa establishment likes to snub northern Ontario.
The Cobalt area between 1903 and 1966 officially produced over 440 million ounces of Silver (that’s just what was documented, local experts we’ve spoken to in recent days believe the unofficial figure is closer to 750 million), making it the 3rd-largest Silver producing region in the entire world during that time. The trading frenzy in mining shares spread to Wall Street. As the
@nobshere@2pac u be mindful of your elders now !! Eskay Heart Of Gold Camp Update And The “Q” Vs. The “Ovoid”
It was another fascinating week in the Eskay “Heart of Gold Camp” which we predict is going to be one of the key engines that powers the Venture above the 1,000 level again this summer with so many companies preparing for drill programs (watch for our special section coming soon at BMR, dedicated exclusively to the Heart of Gold Camp 24/7).
Arguably, when one considers the discoveries at Eskay Creek, Snip, KSM and of course Brucejack which is progressing ahead of schedule toward commercial production this year, this district – still incredibly under-explored – is the richest part of the entire planet. Grades of large Gold-in-soil anomalies are even higher than the average values of today’s mined deposits!
Eskay Creek – production of more than 3 million ounces of Gold and nearly 160 million ounces of Silver at 49 g/t Au and 2,400 g/t Ag…
Snip – production of 1 million ounces of Gold at an average grade of 27.5 g/t Au with rich new veins now being discovered!…
KSM – the world’s largest Reserves of Gold and Copper…
Brucejack – one of the richest Gold mines in the entire world with estimated annual production of 500,000 ounces at an average grade of about 15 g/t Au (geologists predict more discoveries in the Valley of the Kings)…
@nobshereFor those that may have forget---Just a reminder---A senior mining company has just agreed to invest $12 million in exploration at the SIB in order to acquire up to a 60% interest in an area that represents less than one-tenth of Eskay’s entire land package in the Heart of Gold Camp! $ESK
ESK has some fantastic targets to chase beyond the SIB where it controls another 450 or so sq. km!
@nobshereExactly !! why when I find something more positive for Trump I put it out.....McCain and his neo cons are looking to start a war I the only one that sees that? he was just in Muenich --------------- Muenich: Politicians without a future in search of war
German Economic News | February 19, 2017, 1:53 am