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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.
@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!
@nicholaslepanThe Egyptian government is considering signing a currency swap agreement with #Russia, following in the footsteps of its agreement with China in October, an senior Finance Ministry official. #China and #Egypt on December 6 concluded an 18 billion yuan (US$2.62 billion) three-year bilateral currency swap, a move that importers and economists said would facilitate trade and improve foreign currency liquidity in cash-strapped Egypt. http://www.egyptindependent.com/news/egypt-plans-currency-swap-russia
@MiningBookGuy@Brendan - i'm on board with $ARL.AX (thx @PamplonaTrader!)
While I'm still learning more about the nickel-cobalt deposit, I think $ARL.AX has an opportunity to do a new study that focuses on higher-grade cobalt sections. But the real story is "what happens if SHTF in the $DRC?" This is a real concern... same type of concern for #platinum in #SouthAfrica, #palladium in #Russia. Take note that $SBGL was shrewd and bought $SWC BEFORE massive disruption. IF something goes wrong in #DRC, I think it's natural to look for SCALE in SAFE jurisdictions...not tiny, high-grade #cobalt plays. There's real grand-slam potential here because of #geopolitics. $ARL.AX is going to get more attention.
Anyway, I'm on board with that part of the story. But $ARL.ax is intriguing for other reasons @PamplonaTrader brought up. Keep in mind they have an advanced #gold#zinc project and early stage nickel exploration, all in #Australia. Basically, 'going beyond cobalt', $ARL.AX is intriguing for many reasons. But the cobalt aspect (and ridiculous valuation) pulled me in
@mike@botafogo nor the CIA Sarah Abdallah @sahouraxo 18m18 minutes ago
Wow. CIA's UMBRAGE project allows the agency to stage cyber attacks and make it look like #Russia is responsible. False flag par excellence!
@LeonLondon-based bullion broker Sharps Pixley, formerly owned by Deutsche Bank, has suggested that #Russia's #gold reserves could overtake #China's by the end of this year. Here's the final takeaway: "..both China and Russia see gold as an important element in the global financial system. China has reportedly called for gold to be included in the basket of currencies which makes up the #IMF's Special Drawing Rights (SDR). Certainly Russia's President Putin is a gold believer. The Chinese hierarchy is perhaps a little more circumspect in its open support for gold, but both nations are keen to see the US #dollar dominance of world trade - particularly with respect to #oil and #gas - depleted and see gold as one of the tools for helping them achieve this objective." www.sharpspixley.com/articles/lawrie-williams-russias-gold-reserves-could-overtake-chinas-this-year_264838.html
@GoldfingerWatch $Russia. Putin has historically crushed dissent with tough prison sentences and assassinations. A bit tougher to do when millions are involved in dissenting....
Navalny gets 15 days jail and fine. Lets see what happens when he gets out.
@GoldfingerYou can see how quickly the Russian state mobilizes, very powerful police force and secret police forces and they are aggressive. Very much unlike Middle Eastern countries which saw revolutions after Arab Spring. People quickly overwhelmed unmotivated police and military in Egypt for example, only die hard regime members kept fighting when it was clear the will of the people was behind the revolt. Also US had strong influence in Egypt. US has little influence in $Russia and Putin has a strong and numerous base.
@Goldfinger$Russia dissident and former world chess champion Garry Kasparov ~~~> "Tragedy in St. Petersburg. Once again "unknown terrorists" perfectly timed to serve Putin's political agenda. Forget protests, back to fear."
@Goldfinger$Russia has S-300 and S-400 anti-aircraft systems set up inside $Syria, of course they are operated by Russian personnel but it wouldn't be easy to carry out a conventional bombing campaign with that kind of sophisticated weaponry available.
@MiningBookGuy@Goldfinger - ok, i'll be checking intermittently the rest of the day to continue to the interesting #Japan / #GroundZeroCrisis discussion.
If we're honing in on #demographics, #Russia is easily most 'at risk'. Yes, #Russia and #Japan are the extreme outliers in terms of important economies with poor #demographics. So I can briefly go through some of my opinion on each:
#Japan - #demographics and #CentralBanks intervention are both serious issues. I don't really think their intertwined. I really think pretty much everything else in #Japan 'works', and arguably #Japan is more prepared to deal with #crisis from a cultural standpoint than any other country in the world. I don't think their own demographic issue is 'urgent'...
#Russia - the real blow was the steep fall in #oil prices starting in 2014. This already 3 years of a BRUTAL recession/depression in #Russia, that is surprisingly not discussed in the mainstream. Seems the #Russia propaganda machine is working.
The thing is, #Russia can be 'ground zero' of the crisis in multiple ways.
One is the potential (ongoing?) #hacking around the world, and general #FinancialTerrorism ability. I hat-tip #JimRickards for this (I think it's documented in multiple books of his), and it's a different form of a crisis that comes out of #Russia.
But more importantly, the combination of #Russia#oil / #geopolitics / #politics / #demographics issues are MUCH more intertwined (basically unique) in the world. They NEED to do something FAST. This is well documented by some #geopolitics analysts, and still mostly missing from mainstream discussion. This leads right into #Europe ...who gets voted into countries like #France (done) / #Germany (coming in october) is part of this story... (1/2)
@MiningBookGuy@Goldfinger - as i'm writing this, there are so many factors at play that it probably wouldn't be the best ongoing #index talk in this manner. So as a quick follow-up post, #geopolitics getting intertwined with #finance makes me believe that the #Europe / #Russia connection is more of a potential of 'ground zero' of a crisis than #Japan. even more so because supposed contrarians are beating the #Japan drum constantly...i think there's somewhat of a #BlindSpot with people that specialize so much in one area (ex. #finance), are haven't tried hard enough to bring in multiple factors.
Anyway, this isn't a full argument by any means, but thought I'd add these additional elements to the discussion. There are many other areas of the world that I think are equally or more likely to be 'ground zero' for a #crisis (and honestly, I'm not sure if it happens in the near-term, at least in terms of being 2008 in scale) (2/2) #GroundZeroCrisis
@MiningBookGuy@Brendan - great comment, and I even think that's a good example to use. And interestingly, I'm down on #Russia as well, but COULD be convinced otherwise with the proper promotion.
And as an #Africa example, I was shocked how well the $GXU#promotions worked in #Niger, because I consider #Niger one of the most dangerous places in #WestAfrica (even with the mention of the history of top security specific to AREVA, which is true). That's a big credit to CEO.CA and Jonathan Roth (and many others involved with that one!)
@MiningBookGuy@FundamentalAnalysis - I can't remember everything on #PGMs#Palladium / #Platinum promotion right now. But I guarantee you that Rick Rule and Robert Friedland (among others) were talking them up for a while...and then somewhere along the line, it disappeared. It COULD mean they are a great opportunity here. But the main point is that for many others, it was a main focus of opportunity, and then 'sentiment' clearly shifted elsewhere (but I think many people forget how various experts really were excited about #PGMs in the near-term, regardless of what we think). It doesn't help that the main #PGMs jurisdictions are BOTH going through further negative momentum at the moment as well, without anyone talking about extreme supply-shock (ie, #Russia and #SouthAfrica) #mbgtrends