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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.
@Newton#Turkey in the news with #Russia on pipeline deal. Open for business? May depend on who you are. Looking forward to news from $asr here on operational results. Share price moving a lot this year -- up and down!
@GoldfingerVirtually impossible to see $oil price stay above $70 for very long without a significant supply disruption from a major producer such as $Saudi or $Russia. Also hard to see price fall below $40 without a major global economic slowdown. Supply is very price sensitive at current levels which means that we are more likely to stay in equilibrium near $50-$60 for foreseeable future.
@MiningBookGuy@TheNextBigRush - welcome, good to see you posting here! :)
To answer your question: Hmm, I'm not any more worried than I've been over the past few years. My take is that #Russia just needs an excuse to 'do something' extreme, but that it won't necessarily be all-out war. But in your scenario, I completely agree with #gold shooting up, 'very likely' agree with #oil, and #uranium is a big unknown.
My main problem with #uranium is understanding the market...I have a hard enough time with #oil, and #uranium is even more complicated!
@MiningBookGuy@TheNextBigRush - So I'm not sure what category #Putin should be put into as a politician. But the key thing to me is that he needs to distract the Russian people from how awful their domestic economy is right now. I think this has been the case since the end of the Sochi 2014 Winter Olympics...I think people forget that #Russia invaded #Ukraine within weeks of that event, and #oil was already starting to get pounded.
So the last few years have been a continuation of this, possibly leading to 'conflict'. But arguably it's out of desperation, rather than any specific plan by #Putin. I guess I'm just trying to make a point that I think the "pro-Putin" media gives #Putin too much credit for having a masterplan, and there are events outside of the control of #Russia that are actually forcing their hand...hmmm, probably best to leave it here for now. #geopolitics is really interesting, and often the 'experts' are completely wrong on it!
@MiningBookGuySudan, Russia sign agreements to develop mining sector http://www.sudantribune.com/spip.php?article60531#Sudan#Russia#mining
Hat-Tip @PiercePoints. This is indirectly good for $ORG in #Sudan.
Partial Quote from Article:
[Sudanese and Russian governments have on Thursday signed several agreements to develop Sudan’s mining sector after three days of discussions in the Sudanese capital, Khartoum.
Director of Geological Research Corporation, Al-Nour Koko, signed for the Sudanese government and Facile Stainouef signed for the Russian Geology Company.
In a press statement after the signing ceremony, Sudan’s minister of Minerals, Ahmed Sadiq al-Karouri, said the agreements are the fruits of the Sudanese Russian Joint Committee. In December, Sudan and Russia signed 14 agreements on investment in oil, minerals and banking sectors at the end of the Sudanese Russian Joint Committee meetings.
“The agreement with Russian Geology Company includes development of minerals and the geological laboratory,” said al-Karouri, adding that the agreement includes benefiting from Russian advanced mining technology as a pioneer country in the field.
Al-Karouri pointed that the agreement includes drawing a detailed geological map for Sudan which would be used for promoting mineral sector and as a database for minerals in the country.]
@ekim#russia intends to sell another 8% of Alrosa #diamonds over the next couple of years. -- http://tass.com/pressreview/909708
The Russian government intends to sell an 8% stake in Alrosa, 35% of its shares in VTB and 25% of its interests in Russian Railways, as well shares in the country’s nine largest companies over the next three years, according to the draft privatization plan for federal property in 2017-2019
The government also plans to reduce its share in Alrosa’s authorized capital by 8% to 25% plus one share by 2019.
@racker#China’s Xi Jinping embraces a new, powerful role http://qz.com/842119 "Since the US presidential election, Xi has held a flurry of meetings with global leaders [from #Colombia, #Ecuador, #Russia, #Japan, #Philippines], including some historically ignored by China’s top official in the US’s own backyard. China has also swiftly become the new, and surprising, voice on climate change."
@Leon@Dan0@bullionaire - In my view people are giving way too much emphasis on #Trump and his economic announcements, totally missing the time-frame, funding, state indebtedness, #China and Saudi Arabia dumping U.S.bonds on lower prices, global economies in decline and an unchanged geo-political agenda. I'd say even worst, if I see NATO partner #Turkey changing sides towards China's "One belt one road" to Iran, away from the EU and in new alliances with #Russia .. In this context, the referendum in #Italy on Dec 4, state elections in the Netherlands, France and Germany and strong right-wing movements in #Europe are looking like a picnic ;-) #gold#chaos
@Excelsior#Uranium Prices Hit A 12-Year Low Due To Feds And #Clinton Cronies
ANDREW FOLLETT – 11/02/2016
“….Uranium prices have been continually falling since the 2011 near meltdown of the Fukushima Daiichi power plant, which caused public opinion to turn against #nuclear power. In early 2011, uranium was trading around $70 a pound.
Today’s low uranium prices are also partially due to the DOE dumping vast swaths of uranium onto the market to fund its operations, lowering the price enough to harm the U.S. uranium industry. Since 2011, DOE has sold off roughly $1 billion of publicly-owned uranium through private sellers without overseeing the transactions, and research by the Government Accountability Office found DOE did not did not properly value uranium sales or adequately assess any impact on the commercial uranium market.
Another major factor is that environmentalists and left-wing politicians have used alleged environmental risks to cripple the #American uranium industry, allowing foreign producers, especially #Kazakhstan and #Russia, to flood the American uranium market. As a result, American uranium mining is on the decline as a result of the extremely strict regulations, with fewer new holes drilled and expenditures for new land, exploration, and drilling declining 22 percent, according to the U.S. Energy Information Administration (EIA).
American commercial nuclear reactors doubled their purchases of Kazakhstani uranium in 2014, largely due to the decline in the amount of the American uranium industry. Kazakhstan alone now supplies 23 percent of the uranium for America’s nuclear reactors, according to the EIA…”
@Goldfinger"He spoke Turkish like a Turk, no Arabic accent." Turkish intelligence/secret service officer who was on a mission. He's dead now so we will never know the exact motives, regardless $Russia will be pissed that their veteran Ambassador has just been gunned down by someone who was supposed to keep him safe.
@newstracker#Russia – Russia called the killing of its ambassador to Turkey on Monday “a provocation aimed at disrupting the normalisation” of foreign relations between two countries and the “peace process in Syria”.
- Both countries condemned the assassination as an act of terrorism with a Russian delegation set to arrive in Turkey today to work on a joint investigation into Mr Karlov’s death.
- Mr Karlov was shot on Monday by a former riot policeman disguised as one of his bodyguards during a photo exhibition at Ankara.
- #Turkey remains in a state of emergency following a failed coup in Jul that led to tens of thousands of arrests in the following months.
@NewtonI listened to the #JimRickards interview again on #RealVision. At 24Min mark he mentions that #Russia defaulted on ruble-denominated debt in 1998 in addition to external debt. Now, why would you do that? ... Interesting question!