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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.
@MiningBookGuygreen anon - i used to think #China was becoming this dominating power. i now believe they are fragile, but could still surprise to the upside.
On the other hand, I think #Japan is way, way underrated! they are picked on constantly, despite having an incredible Navy and being far more wealthy per capita than the Chinese. (and importantly, more unified)
Just comparing these 2 because their in the same region, and the consensus is "China strong", "Japan weak" #geopolitics
@MiningBookGuyanon - we'll see...i 'hope' for 'world peace'...but 'hope' is just as dangerous in the real world as it is in the junior sector!
i fully expect various countries to get 'sized up' for various strengths/weaknesses soon. some countries that are considered weak (like #Japan and #France) could be far stronger than expected, primarily because of organized military. #China is the main target for 'overrated'...but #Germany might fit there too. #demographics are important, but who cares when the 'crisis' is right on the doorstep? what we care about then is who is 'weak' because of lack of 'strategic resources', dependency on global trade, 'strength of military', etc.
and i'm just repeating some stuff i've read and processed recently. i don't want to go into more detail right now, but wanted to 'change-up' the #index contributions a bit for fun. can pick up the conversation another time! #geopolitics
@GoldfingerCryptocurrencies near US$40 billion total market cap and they're not even close to the 'euphoria' or 'acceptance' stages. That's scary to think about how much higher these things could rise if we saw a wider participation. $China is clearly the main driver and the vast majority of North Americans are clueless as to how strong the demand is in China.
@Excelsior#Korelin Economics Report - Weekend Show - Sat 13 May, 2017
#GOLD and #COMMODITIES Pullback From US and International Drivers
"This week we started to see a turn around in the #PreciousMetals and commodities in general. On this week’s show we take a close look at why this pullback in commodities happened from both a domestic and international perspective."
"Over the past month money has been flowing out of #US equity ETFs and into #EU and #EM funds. This has not had a big impact on the US equity markets but by the end of the week we started to see a slow rollover. This helped provide a small pop for the metals from an oversold territory and looks to continue. The question is, how long and how high?"
>> Segment 1 & 2: In the first two segments I am joined by Dan Oliver, Founder of Myrmikan Capital. Dan is a great at recapping markets moves dating back hundreds of years for #metals and #commodities. In the first segment we discuss the current commodities pullback and compare the situation back in the late 1920s. In the second segment we look at the relationship between #inflation and monetary debasement.
> Segment 3: Chris Martenson joins me to dive into #China and discuss the deleveraging that is underway and the markets and economies that could be impacted by a China pullback.
> Segment 4: Fund Manager Dana Lyons take a look at international markets where we have seen large flows of money into #ETFs over the past month.
>> Segment 5 & 6: Jeff Christian, Managing Partner at CPM Group, joins me for the first two segments of the second hour. Both segments focus on #gold and #commodities but in the first segment we look at the factors in the #US driving commodities. In the second segment we look again at #China and #India in terms of gold demand.
> Segment 7: #BrentCook, Founder of Exploration Insights, shares his outlook on the $GDXJ rebalancing as well as a few #zinc companies they are following in his newsletter.
> Segment 8: A recap of the week in #US#equities and the #metals. We are seeing turn and bounce from oversold territory.
@MiningBookGuy@Goldfinger@hunter - thanks for sharing and commenting on the next #TheMacroTourist article. The whole VIX thing is hard for me to wrap my head around, but clearly important to follow in the coming weeks/months.
I'll just add that I'm not at all certain that #Japan will be 'ground zero for a real market catastrophe'. There are just so many shenanigans going on around the world, and I'm skeptical of the repeated calls that #Japan is clearly the 'most likely' country for catastrophe.
I am still surprised by the bullishness around #China (i keep seeing these #OneBeltOneRoad posts on twitter, like it symbolizes 'everything is amazing' and they will dominate'). And I also think #Europe has an inherent fragility that is much deeper than a country like #Japan. All of these areas and more have potential to be 'ground zero' IMO. Just thought I'd add my 2 cents on it, and I'm not trying to bet/predict on where the crisis starts.
@Goldfinger"Given China’s role in global credit expansion and commodity demand, it is clear how and why China is so important to emerging markets, and probably a systemic risk. In the past three years we’ve also seen the delta of Chinese demand to EM financial stability and growth. But the credit data shows nothing much has changed!! The stress, vol, capital outflows and FX deval of 2014-2016 could be better defined as a breather more than any significant deleveraging." https://macro-man.blogspot.com/2017/06/china-risk-credit-booms-and-hedges.html$China$commodities
@MiningBookGuy@JamesKwantes - whoa! the #Polyus website gives me vertigo if i scroll down really quickly on the homepage. But yes, that is a good map in the slides. I do wonder about #Russia#Mongolia relationship, and how it will change in the coming years. #Mongolia does plenty of trade with #China, not sure if they do as much with #Russia right now. All of these things can change in surprising ways, I will try to monitor a bit more closely.
@GoldfingerAfter news that South Korea shut down a nuclear reactor today here are some stats on $China and its nuclear power plans via Haywood:
"China will easily replace what is lost by Korea:
o China’s reactor fleet units includes: 36 Operating, 21 Under Construction, 41 Planned, 174 Proposed
o China’s ‘proposed’ reactors jumped by 35 units in April of this year, which alone replaces the loss of the entire Korean fleet.
o Since Fukushima (March 2011, Japanese Earthquake / Tsunami) China has grown its operating reactor fleet 177% (from 13 units to 36), and has increased its total pipeline from 200 units to 272 units (36%)"