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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.
@Leon@racker - North Korea is going to become a litmus test for #Trump. If he's doing nothing, NOK will develop "the bomb". If he sends the Navy Seals for a breakfast at Kim's place, the Chinese will send their 150,000 troops still waiting at the Korean/Chinese border to fill the power vacuum immediately. This whole adventure might turn out as a lose/lose situation for the West.
@Leon@stateside - there are so many war scenarios going on right now with Syria / Iran / Russia / #NorthKorea and even China, that I believe the sabre rattling serves as a distraction from domestic problems in the U.S.(tax-reform, health-care issues, debt-ceiling etc) and the EU as well (integration problems, election in France, national indebtedness of Greece, Italy etc., independent movements > Brexit etc. and NATO's Turkey with its nuclear weapons arsenal in Incirlik on the brink to dictatorship). How does it come that #Trump changed his agenda so fast from "Why waste American lives and American wealth on wars you can't win?" .. Because "the elite" gain power and money from foreign wars! #oil#gold#copper#iron-orewww.internationalman.com/articles/heavily-armed-swamp-critters
@GoldfingerTops are a process. Very few market participants (if any) get them right and they take time to play out. Take 10-year treasury yields as an example: http://cdn.ceo.ca/1cfcg7n-TNX_4.18.2017.png+
A topping process has been playing out for months and in the last week we have seen a breakdown below previous support (~2.30%). In December I wrote a blog post highlighting the unsustainable sentiment and market positioning that was SHORT treasury futures (betting on higher yields): http://www.321gold.com/editorials/ceotechnician/ceotechnician121416.html
I was a day early, yields peaked the next day. Now we are seeing this big move down in yields confirmed by cyclical stocks like $FCX$GLEN.L$VALE$X to name a few. Might be a good time for $Trump to deliver on some of that infrastructure spending...
@Goldfinger@lukejackson$Trump is a salesman, he can't stop himself from saying things like "BIG" "the best" and constantly talking about things in binary terms i.e. winning vs. losing. It's not a good precedent when the President of the wealthiest country in the world is constantly making promises (and timelines) he doesn't keep. What ever happened to underpromising and over-delivering?
@GoldfingerWhat if knee-jerk reaction of buying $USD is wrong? Tariffs and protectionist policy should actually be negative for a country's currency, the US is different in some ways because of its size of international trade and current account deficits. But US benefits greatly from its 'float' of USD held overseas. What if those dollar holders say "F U" and exchange for euros or $gold or whatever other currency and a tit for tat takes place with US exports which have a comparative advantage with other countries? Thinking out loud here, and $Trump is clear that he doesn't want a strong dollar....
@HighheatI hope this is helpful to some...On Feb. 14th I posted this..@Highheat Been waiting about 4 years to pick up shares in Canam Group $CAM cheap. Got my opportunity this morning. #Trump#Infrastructure. Well fast forward to today and $CAM Canam got taken private for about a 100% premium but the problem is I sold it shortly after buying it. I sold because my fear was that Trump would not use a Canadian company to rebuild US infrastructure...."Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance."
– Jesse Livermore
My point is just being able to recognize deep value is not enough but in fact it takes character to accumulate true wealth. I really hope that I can finally learn this lesson which has cost me more profits than I can even care to recall. We live in a world where it is harder than ever to be right and sit tight but that is what great investors do. John Templeton said never sell a stock unless you have found one that is a 50% better buy which is a good guideline to keep us from trading into poverty.
@Excelsior#Korelin Economics Report - WEEKEND SHOW – SAT 29 APR, 2017
* INVESTORS AGAIN FAVORING RISK ON ASSETS *
"This week started off with a bang. The US markets gaped up along with a major gap down in #volatility (Dana Lyons has some comments in segment 3). Investors continue to shine a very positive light on risk assets which in turn made #gold and other risk off assets sell off. This general concept is discussed along with #Trump’s tax plan and a couple important company updates, one from Mariana Resources on the sale to Sandstorm Gold."
>> Segment 1 & 2: The first two segments I am joined by Peter Boockvar, Chief Market Analysts for the Lindsay Group. We discuss the state of the US #economy focusing on the auto sector and consumer and business spending. In the second segment we look at #inflation which seems to be peaking for the time being.
> Segment 3: Dana Lyons outline the historic moves in the $VIX that we saw this week.
> Segment 4: Chris Martenson from PeakProsperity.com shares his views on the Trump #tax plan.
>> Segment 5 & 6: To kick off the second hour Sean Brodrick is back on the show with a new newsletter! We discuss the state of the #gold market and in the second segment he mentions a number of companies ranging from #producers to #explorers and a few #silver companies.
> Segment 7: A update from $AUG Auryn Resources on the mobilization to the Committee Bay project.
> Segment 8: Big news this week regarding $MARL Mariana Resources and $SSL$SAND Sandstorm Gold. Glen Parsons joins me to discuss the deal and what it means for shareholders.
@LeonAcc. to Nomi Prins, The White House is simply the newest branch of the #Trump family business empire and they have already benefited from their links to "Dad" in the first 100 days of his presidency stagger the imagination. #filltheswamp > The Empire Expands - Not the American One, but Trump's www.tomdispatch.com/blog/176273/