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The Burning Platform

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Full Article: The Burning Platform

WHAT DO WE DO NOW?

As this vitriolic, unpredictable, outrageously entertaining presidential campaign enters its final stages I find myself pondering what happens next. I was reminded of the last scene in the 1972 movie, The Candidate. The movie is about a young untested non-politician candidate for U.S. Senator in California who puts his fate in the hands of a veteran political operative and overcomes a double digit polling deficit to win a huge upset victory. His entire focus during the campaign was to win. In the final scene of the movie he is standing among the celebrating campaign staffers and the fawning press corp. with a befuddled look on his face. He grabs his political consultant campaign manager and pulls him into a room. As the press break into the room he asks, “What do we do now?” The question goes unanswered and the movie ends.

The chattering class on the boob tube is enthralled and aghast at every seizure, collapse, and deplorable comment by the two most disliked presidential candidates in U.S. history. The establishment and their corporate media mouthpieces are perplexed and irate that Donald Trump has overcome their propaganda campaign to be leading in the polls with 51 days to go. He is a non-politician who was behind by double digits in the polls a month ago. He hired professional political operatives who have molded his message, while his opponent has been lying about her health, lying about selling access while Secretary of State, and denigrating blue collar middle class Americans in campaign speeches. The momentum is clearly in his favor and absent a major gaffe during the debates he could win an unlikely come from behind victory in November.

No one knows for sure what will happen over the next 43 days to impact the outcome of this highly improbable race between a reality TV star parody and a walking corpse propped up by her establishment cronies in the media, Wall Street, military industrial complex and smoke filled backrooms of D.C. The sole focus of both campaigns is to disparage and destroy their opponent. The negative attack ads will fill TV screens 24/7 for the remainder of this scorched earth fight to the death. The debates will be nasty and venomous, with accusations being hurled maliciously and with gusto. The corporate press corp., being the mouthpieces for the establishment, has done their utmost to scorn, ridicule and attempt to derail Trump’s march to the presidency.

They are shocked and stunned by the failure of their propaganda campaign. The basket of deplorables not inhabiting the liberal bastions of NYC, Washington DC, LA and SF are ignoring the unabashed media crusade to destroy Trump. Trust in the dying legacy media is at all-time lows. The linear thinking establishment has failed to acknowledge the cyclical nature of history and will now reap the whirlwind of consequences for their corrupt, greedy, traitorous actions.

The myopic media is so fixated on the minutia and trivialities related to the terribly flawed personalities of these Boomer candidates ascending to the throne of the American empire, they fail to step back and understand the real dynamics at work. When you comprehend the undercurrents of history it allows you to interpret the current mood of the electorate using the perspective of the Fourth Turning. This election is taking place in the eighth year of a crisis period which is likely to last through the next decade. Written in 1996, Strauss & Howe’s opus has been eerily prescient in predicting the start of and progression of the fourth crisis period in America history, all separated by approximately 80 years – a long human life.

“The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation and empire. The very survival of the nation will feel at stake. Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War, and twin emergencies of the Great Depression and World War II.” – Strauss & Howe – The Fourth Turning 

This Crisis was catalyzed by the housing bubble that reached its peak in 2005, leading to the worldwide financial collapse in September 2008. There is no denying a Crisis mood overtook the country in 2008 and after a temporary lull brought about by the unprecedented money printing scheme by the Federal Reserve and central bankers across the globe, the mood has been darkening rapidly as this election approaches. The fabric of the country is being shredded along racial, class, religious and party lines, as real hardship spreads across the land.

The Soros backed Black Lives Matter has turned into a domestic terrorist organization spurring young black men to ambush and slaughter police officers and innocent bystanders. Radicalized Islamic terrorists are committing mass murder, setting off bombs, and attacking non-believers. The corporate oligarch class, the Wall Street cabal, and their puppets at the Federal Reserve have effectively impoverished and destroyed the working middle class. Both political parties have shown their true corrupt colors as anti-establishment candidates Sanders and Trump generated enthusiastic support to the chagrin of the party bosses.

As we approach the midpoint of this Fourth Turning the regeneracy propelling the next phase appears to be an anti-establishment tsunami of epic proportions engulfing the nation and sweeping away the existing social order in a torrent of bile, venom, accusations and the shrieks of social justice warriors. Hillary’s deplorables are committed to expurgating the institutional cancer pulsating through every corpuscle of this terminally ill empire of debt.

Taking back control of a country, which has been captured in a silent coup by Deep State players of both parties, liberal and conservative ideologies, and corporate interests, has become a relentless quest of the debased and defrauded middle class. The Deep State traitors are driven solely by an unquenchable thirst for wealth, power and control, regardless of the impact on average Americans.

The darkening mood of the country has cast a shadow over this election, as the corrupt political establishment and their corporate media collaborators are failing in their unrelenting propaganda campaign to destroy Trump. The “experts”, pollsters, and pundits are shocked and appalled that a loud mouthed non-politician TV personality could possibly be on the verge of winning the presidency.

These linear thinkers can’t understand why their playbook of lies, misinformation, pointless social justice issues and a myriad of other inane distractions aren’t working this time. They fail to acknowledge that history is cyclical and we’ve entered the phase when generational cohorts are aligned for dramatic sweeping change. The data is there for all to see, but those benefiting from the current perverted paradigm will not be swept aside without a bloody fight.

Based on recent Gallup polls, the establishment probably realizes they’ve gone too far, but their insatiable desire for mammon and supremacy over the levers of finance, politics, and corporate share cropping, has blinded them to the reality of the devastation they’ve wrought on Main Street America. Average American families have seen their standard of living relentlessly driven into the ground by Federal Reserve created inflation designed to benefit their fraud loving Wall Street benefactors, greedy corporate executives, and psychopath politicians who’ve promised voters $200 trillion more than they can deliver. Good paying blue collar jobs have been shipped overseas by Ivy League MBA CEO’s who use wage arbitrage models to calculate how to optimize their stock price and executive bonuses. This is why the real median household income is lower than it was in 1999 and about equal to what it was in 1989.

For those not occupying academic ivory towers or gleaming office palaces in downtown Manhattan, life in the trenches is brutal, back breaking and untenable. With no wage growth in a quarter of a century, crushing healthcare costs due to Obamacare, rents skyrocketing as home prices have been artificially boosted to save Wall Street bankers, government run education and financing leading to a millennial debt crisis, and a Federal Reserve destroying the finances of senior citizens, savers, pension plans, and bondholders, how could anyone other than myopic oligarchs and their cronies expect average Americans to keep taking it without fighting back?

Is it any wonder that 73% of Americans are dissatisfied with the way things are going in the country? This is a massive decline from the 71% satisfied readings of the late 1990’s and early 2000’s. Do you think this might have something to do with the depressionary economic conditions being experienced by the majority of Americans since 2001?

Considering the Wall Street banking cabal has been ransacking, pillaging and defrauding the American people since 2000 with their fabricated internet boom and the largest control fraud in world history – their mortgage/housing Ponzi scheme, it is entirely logical for tens of millions of hard working Americans in flyover country to be outraged and ready to throw the bums out. The propagandists who have worked tirelessly to consciously and systematically manipulate the public mind through social engineering in government controlled public schools, mass media messaging, and the constant use of fear by government apparatchiks, believe their control of these societal mechanisms is beneficial for our country and the world.

This “invisible government”, the true ruling power in this country, has used their Bernaysian propaganda techniques to mold the minds, desires, beliefs, ideas, and tastes of the masses for decades, but they’ve gone too far, stolen too much, and pushed the average American to the brink. The middle class is steadily being destroyed, along with hope for a better tomorrow, as reflected in Gallup polling data.

The former middle class citizens of this country aren’t sure who screwed them over because they have been busy trying to make a living, while simultaneously being distracted by iGadgets, 700 cable TV stations, social media, sports and myriad of other bread and circus diversions. They’ve been brainwashed to believe the two organized political parties offer them a choice. The two parties are co-conspirators in the creation of this welfare/warfare empire of debt.

Since 2000, we’ve had eight years of a Republican president, eight years of a Democrat president, with both parties having control of Congress at various points over the sixteen years. The national debt, after 211 years of this country’s existence, was $5.7 trillion in 2000. Both parties are responsible for the 342% increase over the last sixteen years to $19.5 trillion. Democrats agreed to never ending warfare in exchange for Republican support for an expansion of the entitlement state. Meanwhile, the country’s GDP only rose 79% over the same time frame.

The puppet politicians in Washington D.C. have only done what their “invisible government” puppeteers have instructed them to do. They don’t answer to the voters or their local constituents. They answer to Wall Street bankers, the military industrial complex, mega-corporation CEOs, and shadowy billionaire oligarchs who fund their corrupt existence. These feckless politician hacks could never have added $13.8 trillion to the national debt in the last sixteen years and run the country’s unfunded welfare liabilities to $200 trillion without the Wall Street controlled privately owned Federal Reserve manning the printing presses and manipulating interest rates to enrich their “invisible government” benefactors. They have inflated away 97% of the dollar’s purchasing power since their shadowy creation in 1913. They are single biggest reason real wages have not advanced since 1971. They are the reason the top 0.1% now have the highest percentage of the national wealth since 1929.

Make no mistake about it, everything the Federal Reserve has done since the Wall Street created worldwide financial collapse in 2008 has been to benefit their Too Big To Trust Wall Street owners, the rich and powerful oligarchs, and the biggest borrowers on the planet – the U.S., Japan and EU governments. The $3.8 trillion of QE was funneled into the vaults of the Wall Street bankers so they could pretend their insolvent balance sheets were solvent. The true purpose was to drive stock prices higher in order to subsidize Wall Street, corporate executives, and the .01% who own most of the stocks, while giving the appearance of economic recovery.

The inflation created by QE drove the middle class standard of living lower as energy, food, rent, home prices, health insurance, tuition costs and taxes rose relentlessly. Wall Street and their establishment crony capitalist parasites hit the jackpot in this rigged game, while Main Street lost again.  The Fed’s easy money policies are why since 1999 home prices have risen 76% while household median real income has fallen by over 1%. Pricing millennials out of the housing market has led to the lowest home ownership rate since 1965.

Luckily, the Fed and Wall Street concocted a scheme whereby Wall Street used the free money provided by the Fed to buy up millions of foreclosed homes at fire sale prices and rent them back to the poor schlubs who had been recently evicted by the very same Wall Street banks. The engineered shortage of home inventory led to soaring rent costs for everyone. This is called winning by the establishment.

Reducing interest rates to 0% again benefited those with the most debt: Wall Street banks, mega-corporations, and the U.S. government. It destroyed the finances of senior citizens living off their savings, penalized people for saving, and incentivized heavily indebted consumers to borrow more. How did allowing Wall Street banks to borrow at 0% so they could charge consumers 15% on credit card balances and 6% on auto loans benefit consumers? Did the government enslaving young people in $1.3 trillion of student loan debt with only low paying service jobs available at graduation, benefit anyone other than for profit diploma mills?

The Fed supposedly instituted their ZIRP as an emergency measure during an economic conflagration not seen since the Great Depression. According to the government and the Fed, we are now in the seventh year of an economic recovery with low unemployment, record corporate profits, household income jumping the most in history, and the stock market at all-time highs. If this fantasy narrative was true, the Fed’s discount rate would be 3% to 4% – not .25%. We are lost in a blizzard of lies.

At this point in the cycle only the truly cognitively deficient, Ivy League professors and lapdogs for the ruling class believe the tripe, disguised as government sanctioned economic data, being peddled by those desperately trying to retain hegemony over the country. The real people living in the real world know unemployment is not 4.9%, but north of 15%. They know inflation is not really 1.1%, but north of 5%. They know GDP is a warped measure of economic health, as soaring healthcare expenditures boosts it and using a real measure of inflation would reveal recessionary readings. They know Obamacare has driven their health insurance costs higher and made their care worse. They know “free trade” agreements like NAFTA and TPP result in their jobs being shipped overseas by corporate conglomerates. They know taxes and government fees ceaselessly march higher. They know the government has spent $4 trillion conducting an unwinnable war on terror by waging undeclared wars around the world and we’re less safe than we were in 2001.

Our leaders have made all the wrong choices. The American people have allowed a small cabal of powerful deceitful men to stealthily capture the financial, economic, political and social levers of power in this nation. The result will be depression, violence and ultimately war.

“History offers no guarantees. If America plunges into an era of depression or violence which by then has not lifted, we will likely look back on the 1990s as the decade when we valued all the wrong things and made all the wrong choices.” – Strauss & Howe – The Fourth Turning

The darkening angry mood in the country is self-evident. Race relations are deteriorating rapidly. Cops are increasingly seen as the enemy or just revenue generating shakedown artists for their establishment bosses. Home grown Islamic radicals have been inspired by ISIS and other Muslim terrorist organizations (created, funded, and armed by the U.S. government) to slaughter the American infidels, while our government actively attempts to allow more into our country.

As Snowden revealed, the Deep State has created a surveillance state because they see “the people” as the enemy. They realize the militizaration of police forces and conducting military assault exercises in U.S. cities is not to protect them, but to protect the Deep State. The social justice red herrings are meant to distract the populace and keep them chasing their tails, while the looting and pillaging of the nation’s wealth continues unabated.

Honest, hard-working, traditional, family oriented households, not ensconced in the liberal elite bastions of NYC, DC, LA, or SF, have lost trust in politicians and their fellow Americans. The largest percentage of Americans in history distrusts all politicians and the government institutions run by these corrupt sycophants. Conservatives think liberals are brain dead. Liberals think conservatives have no heart. The social fabric of the nation is in tatters.

There is absolutely no desire for compromise on any issue. The insurgent crusades of Sanders on the left and Trump on the right have shattered establishment illusions they could continue to hand pick captured cronies who would do their bidding. The linear thinkers in the mainstream media are stunned their propaganda campaign to destroy Trump and elevate the choice of the establishment – Clinton – has failed miserably. It shouldn’t be a surprise based upon the Gallup polling data.

With an ongoing depression for the majority of American households, extreme dissatisfaction with the course of the country, and complete distrust of establishment politicians, it would be highly unlikely for the people to select the ultimate corrupt establishment lackey as their next president. While Trump draws tens of thousands to his rallies, low energy sickly Clinton can barely fill a high school gymnasium.

Despite outspending Trump 10 to 1 on negative ads, Trump is either leading or tied in national and key state polls. Considering the establishment controlled media is probably skewing the polls and the huge silent majority isn’t telling the truth, Trump’s lead is probably larger than being reported. The panic among the Wall Street, Hollywood, and Silicon Valley elite is palpable. The anger and disillusionment of the majority is being channeled by Trump in a crusade to sweep away the existing social order. There is no escaping the Fourth Turning.

“Don’t think you can escape the Fourth Turning the way you might today distance yourself from news, national politics, or even taxes you don’t feel like paying. History warns that a Crisis will reshape the basic social and economic environment that you now take for granted. The Fourth Turning necessitates the death and rebirth of the social order. It is the ultimate rite of passage for an entire people, requiring a luminal state of sheer chaos whose nature and duration no one can predict in advance.” – Strauss & Howe – The Fourth Turning

Unless the Deep State can rig the election or arrange for something unfortunate to befall Mr. Trump, we are likely to have a president Trump on November 8. When viewed within the context of the Fourth Turning, it is entirely logical that a cocksure Prophet Generation leader would emerge as a response to the anti-establishment regeneracy mood surging across the land. Being a libertarian minded realist, I realize the coming challenges will not be met with less government intervention, less government spending, or less money printing by the Federal Reserve. The era of procrastination and half measures is over.

“The era of procrastination, of half measures, of soothing and baffling expedience of delays, is coming to its close. In its place we are entering a period of consequences.” – Winston Churchill

Donald Trump and the country he will lead will be dining on a banquet of consequences for the remainder of this Fourth Turning. Trump has been a master of sound bites. The “Make America Great” slogan has resonated with the masses, but slogans won’t pay the interest on the $20 trillion national debt, make good on $200 trillion of unfunded entitlement liabilities, honor government pension plans that are $4 trillion underfunded, or turn $1 trillion annual deficits into surpluses. No candidate has ever been elected by promising to cut entitlements and asking the voters to tighten their belts and be prepared to sacrifice. They promise them more goodies.

Trump has promised to cut corporate and personal income taxes. Who doesn’t like lower taxes? He will cut regulations. Sounds good. He will expand government childcare subsidies. Sounds expensive. Not a peep about Social Security, Medicare, or defense spending. In fact, Trump declares he will rebuild the military. Cutting taxes and regulations, while starting a trade war, will not pay for itself.

Deficits, which are already on automatic pilot to reach $1 trillion in the next few years, will be driven higher. Voodoo economics didn’t work in the 1980s and it won’t work now. This isn’t a TV reality show where the happy ending can be scripted. I picture Trump making his glorious acceptance speech at 11:00 pm on November 8, striding backstage after the speech, turning to Steve Bannon and asking, “What do we do now?”

When I started writing articles about the economy, banks, military industrial complex and corrupt politicians back in 2008, I still naively believed the system could be changed from within. I thought Ron Paul’s vision could save the country. But after watching politicians double the national debt, TARP passed by corrupt politicians of both parties when 90% of their constituents were against it, not one criminal banker prosecuted for the biggest fraud in world history, a president waging undeclared wars all over the world, a national healthcare plan passed against the wishes of the people, and a rogue Federal Reserve implementing disastrous monetary schemes to enrich Wall Street while throwing seniors under the bus, I realized this rigged system is unfixable.

Trump may have the best intentions, but he will be foiled at every turn by his enemies in both parties, along with the ingrained establishment government apparatchiks running the hundreds of useless government agencies. The media will skewer his every statement. Wall Street and corporate America will threaten his agenda if it negatively impacts them in any way. The “invisible government” might decide it’s time to pull the rug out from beneath the overvalued markets, resulting in a crash. The civil chaos is likely to spread as Soros funds the violence. He will be tested by foreign powers. The Middle East is guaranteed to explode in chaotic violence.

Trump may have second thoughts about taking the helm of U.S. Titanic after it has already hit the iceberg. History is cyclical and we are only halfway through this Fourth Turning. The risk of catastrophe over the next decade is high. I have studied history and believe we will be confronted with economic, social, and military upheaval on par with the Great Depression/World War II crisis and the Civil War crisis. We are doomed to repeat history, whether we’ve studied it or not, because human failings span across the ages. Whether we meet the deadly challenges ahead will decide the fate of our country.

“The risk of catastrophe will be very high. The nation could erupt into insurrection or civil violence, crack up geographically, or succumb to authoritarian rule. If there is a war, it is likely to be one of maximum risk and effort – in other words, a total war. Every Fourth Turning has registered an upward ratchet in the technology of destruction, and in mankind’s willingness to use it.” – Strauss & Howe – The Fourth Turning

Full Article: The Burning Platform

 

Disclaimer© 2010 Junior Gold ReportJunior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR). No Guarantee as to Content: Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.

Talking Mines and Money With Rick Rule and Frank Holmes

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By: Jeff Nielson, Stockhouse
The UK-based Mines and Money show is now in its 13th year of operation. For the first time; the show is coming to North America, specifically Toronto. For a lot of Canadian mining companies, the timing couldn’t be better.
The event bills itself as the place “where mining deals get done.” With the mining sector coming back to life after five very tough years, there is a lot of pent-up energy among companies in this sector to move forward on projects and/or reorganize their balance sheets.
Among those expecting a spike in mergers and acquisitions is Frank Holmes, CEO of U.S. Global Investors. Holmes noted that the Mines and Money Show hosts the full spectrum of miners, from the large-caps at the top, down to the junior exploration companies. Bringing all these companies to a single event means it’s much easier for the large-caps to go “shopping”, while the juniors and mid-caps get a chance to show off their assets to interested buyers.
Rick Rule, CEO of Sprott US Holdings, had somewhat more nuanced thoughts on this subject. “You put in place in meetings at the show the foundation for (after negotiation) being able to conclude a deal.” First these companies have to line up their dance partners, and then the discussion begins about going to a dance.
Adding an additional dimension to the Show is that it is being paired up with the Advanced Battery Technologies & Metals event. As demand for hi-tech batteries continues to spiral upward, battery-making companies are drawing more and more investor attention, as revenue potential for these companies continues to climb.
In turn, batteries require metals. This was true with the old zinc dry-cell batteries. It is equally true with the lithium ion batteries of the 21st century. So, as interest and demand increases with respect to the battery-makers, this spawns a similar growth in interest in the miners exploring for or producing the metals required for these batteries: primarily lithium and cobalt, but also manganese and nickel.
With battery market growth showing no signs of leveling off, Holmes expects to see more events which merge this hi-tech niche with the miners who will be providing the raw materials to fuel this industry. Rule expects the meetings to be “useful” and “well-attended”, and then followed that up with a warning about “a perilous trap.”
With metals demand from the battery market based upon emerging technology, Rule noted that many investors and even the issuers themselves simply don’t have a full understanding of the technology, nor precisely how it would/will impact demand. “What you’re seeing in these markets is literally the blind leading the blind.”
The example he cited was the lithium market, and the soaring demand for lithium in the various lithium-ion batteries. “The sense that there is a long-term uptrend in the price of lithium is nonsense,” said Rule. He noted that lithium is a very abundant metal, with the larger producers having substantial capacity to increase supply to service this market.
The battery sector is one of the specialties of Peter Clausi, President and CEO of Green Swan Capital Corp. Clausi is known to some as “Captain Cobalt”, and the moniker is well-earned. Spend any time talking with this gentleman, and by the time you’re finished, you will feel a powerful urge to liquidate your other investment holdings, just so you can have your own stash of this rare-yet-vital metal.
He makes a powerful case, from both sides of the supply/demand picture. On the demand side, there is the relentless growth in the hi-tech battery sector. Clausi noted that in just one of Tesla’s new Model 3 electric cars, the battery requires 15 kg of cobalt. Start multiplying that by thousands, and then 100’s of thousands, and the cobalt required for just this one product starts to reach formidable numbers.
However, the view of Captain Cobalt is that the real story here is on the supply side. He pointed out that the cobalt market is extremely inelastic. It is not merely the fact that virtually all of the global supply of cobalt comes as a byproduct of other mining. It is that the cobalt production at these mines (primarily copper mines) constitutes only a tiny percentage of the metals extracted at such mines.
What this means is that there will be virtually zero supply response from a rising cobalt price, even (hypothetically) if the current price of roughly $12/lb should spike to some triple-digit number. Worsening the supply picture further, the copper market is relatively weak, meaning that there could be production cut-backs at some/many of the copper mines producing cobalt as a byproduct.
Rapidly rising demand. Flat, or even declining supply. Minimal global stockpiles. It is a formula for a market implosion, and this is even without considering other factors such as hedge-fund buying (on the demand side), and (on the supply side) the likelihood of reduced output coming from the Congo, currently one of the major sources of cobalt supply.
Of course the current level of buzz and enthusiasm in the mining sector won’t mean much if there is not the underlying strength in the economy to support continued growth in this sector. Holmes, for one, is cautiously optimistic. He notes that solid numbers in the forward-looking PMI index encourage companies to engage in growth-related planning, the impetus that is necessary to sustain current momentum.
Holmes also relies on his own “SWOT” approach to evaluating the current health in the economy. Each week, Global Investors assesses the strengths, weaknesses, opportunities and threats which present themselves in day-to-day economic activity. According to this metric, Holmes sees potential for a sustained rally in mining.
Rule sees the picture here as being somewhat more mixed. He is concerned about the lack of demand strength in the broader economy, noting that most of the strength he sees is more with respect to financial and equity markets. Consequently, with his resource focus, Rule is somewhat pessimistic about most of the base metals markets, with the exceptions here “proving the rule.”
Rule remains bullish on precious metals, but did not have the opportunity to attend the recently concluded Denver Gold Forum. Among those who did attend is Frank Holmes. What stood out to him at that conference was what he referred to as “the assault on GLD.”
Holmes identified royalty-producing companies like Franco Nevada and Royal Gold as looking to take market share away from the SPDR Gold Trust. These financial mining companies not only provide investors with precious metals exposure, they offer something not available from the bullion-ETF’s: dividends. Holmes sees such companies being able to continue to attract investor dollars away from the bullion-ETF’s, and into dividend-producing stocks such as these.
Returning to Mines and Money; Holmes and Rule also shared some thoughts on what they were looking forward to, in terms of speakers and presentations. Both noted a couple of industry icons. Holmes identified Rob McEwen as someone whom he wanted to hear. Rule mentioned Robert Friedland, but then added “I like to surprise myself” so he will also be listening to some lesser-known speakers at the conference.
While these three industry experts had somewhat different perspectives on what the future holds, they all agree that – for the moment – markets and market sentiment are more favorable than they have been for several years. For the miners who will be exhibiting at the Show, that alone is welcome news.
By: Jeff Nielson, Stockhouse

Disclaimer© 2010 Junior Gold ReportJunior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR). No Guarantee as to Content: Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.

Stock Trading Alert: New Downtrend Or Just Downward Correction Before Another Leg Higher?

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Stock Trading Alert originally published on September 26,  2016, 6:52 AM:

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is neutral, following S&P 500 index breakout above last year’s all-time high:

Intraday outlook (next 24 hours): bearish

Short-term outlook (next 1-2 weeks): bearish

Medium-term outlook (next 1-3 months): neutral

Long-term outlook (next year): neutral

The main U.S. stock market indexes lost 0.6-0.7% on Friday, retracing some of their recent advance, as investors took short-term profits off the table. The S&P 500 index remains relatively close to its all-time high of 2,193.81. The nearest important level of resistance is at around 2,170, marked by the daily gap down of 2,169.08-2,177.49. The next important level of resistance is at around 2,185-2,195, marked by all-time high, among others. On the other hand, support level is at around 2,150, marked by previous level of resistance. The next important support level is at 2,120. The market trades within a downward correction following recent rally. Will it continue its uptrend? Or is this some kind of a topping pattern before downward reversal? 1-1

Expectations before the opening of today’s trading session are negative, with index futures currently down 0.5%. The European stock market indexes have lost 1.2-1.5% so far. Investors will now wait for the New Home Sales number release at 10:00 a.m. The S&P 500 futures contract trades within an intraday downtrend, as it extends its Friday’s decline. The nearest important resistance level is at around 2,150-2,160, marked by previous level of support. On the other hand, potential support level is at 2,120-2,130, among others, as we can see on the 15-minute chart:

2-1

The technology Nasdaq 100 futures contract is relatively stronger than the broad stock market, as it remains closer to last week’s new all-time high. The nearest important support level is at around 4,800-4,820, marked by previous level of resistance. The nearest important resistance level is at 4,750-4,860, among others. For now, it looks like a downward correction following recent move up:

3-1

Concluding, the broad stock market retraced some of its recent move up on Friday, as the S&P 500 index bounced off resistance level. There have been no confirmed negative signals so far. However, we continue to maintain our speculative short position (opened on July 18th at 2,162, S&P 500 index). Stop-loss level is at 2,210 and potential profit target is at 2,050 (S&P 500 index). You can trade S&P 500 index using futures contracts (S&P 500 futures contract – SP, E-mini S&P 500 futures contract – ES) or an ETF like the SPDR S&P 500 ETF – SPY. It is always important to set some exit price level in case some events cause the price to move in the unlikely direction. Having safety measures in place helps limit potential losses while letting the gains grow.

Thank you.

Paul Rejczak
Stock Trading Strategist

Stock Trading Alerts

SunshineProfits.com

* * * * *

Disclaimer

All essays, research and information found above represent analyses and opinions of Paul Rejczak and Sunshine Profits’ associates only. As such, it may prove wrong and be a subject to change without notice. Opinions and analyses were based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are believed to be accurate, Paul Rejczak and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Rejczak is not a Registered Securities Advisor. By reading Paul Rejczak’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

Disclaimer© 2010 Junior Gold ReportJunior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR). No Guarantee as to Content: Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.

Coronet Metals – Near Term Cash Flow

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We have written about several junior resource companies that have made stellar gains in a very short time frame:

MX Gold (TSX,V: MXL) which went from $.15 to $.38, now at $.27

Silver One Resources (TSX, V: SVE) which opened a few weeks ago at $.75 and reached a high of $1.25 and currently trades at $1.05

Arizona Mining (TSX:AZ) which we wrote about on September 1st  when it was trading around $2.05 and currently is trading around $2.55.

We believe Coronet Metals Inc. (TSX,V: CRF) which is trading around $.40 this morning provides good upside potential and could see similar gains in its stock price.

Coronet Metals Inc. is engaged in the business of acquiring, exploring and developing natural resource properties, with a focus on precious mineral properties/projects which have the potential for both near-term cash flow and significant exploration upside potential.
​Coronet’s White Caps Gold Project is near the town of Manhattan in Northern Nye County, Nevada, only 13 miles south of Kinross’ multi-million ounce Round Mountain Gold Mine. White Caps is well in line with its strategy of acquiring precious metals mining projects which have the potential for both near-term cash flow and significant exploration upside potential.

The near term excitement comes from the White Caps Gold Property

250,000 tonnes of historic mine dumps/tailings @ average grade of 3.15 g/t.**
These grades were from September 2012 assays that were conducted by a metallurgical testing company out of Colorado on representative samples and the average fire assay results for the tailings and dumps were 3.15 g/t. That is about 25,000 oz of gold in “situ”, based on these grades. The Company is continuing to make progress, using modern techniques for maximizing recovery. Older assays show higher values.

25,000 ounces of gold ready to be processed for cash flow. These are tailings which means that milling is not needed. From what I understand, management is investigating companies that can process the tailings efficiently and effectively.

unnamed

Jeff Herman VP of Operations at the Tailings site

They also own the White Caps Gold Project located in the heart of the prolific Manhattan Mining district with over 2800 acres of patented and unpatented rich mining and mill site claims. The project is situated along the same geological trend as the Round Mountain Mine operated by Kinross Gold and located 13 miles to the north.

The company has less than 15,000,000 shares fully diluted, with insiders and former insiders owning about 2/3rds of the shares. With a stellar management team and near term clash flow, Coronet Metals presents current and future shareholders with good upside potential.

An excellent short video on the company can be found on the website:http://www.coronetmetals.com 

We encourage you to view it.

Happy Investing

Kal Kotecha PhD

Disclaimer© 2010 Junior Gold ReportJunior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR). No Guarantee as to Content: Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.

Warren Buffet’s Cash Hoard – What Does He Know?

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Jeff Neilson

Article: Warren Buffet’s Cash Hoard – What Does He Know?

Warren Buffett. He is an icon to many, and a legendary, long-term value investor. Herein lies the conundrum regarding the Oracle of Omaha. His investment philosophy currently appears to be at odds with his actions.

The key to being a successful long term investor is that one needs to have all of their money working for them, all of the time – or nearly all of it. However, as far back as the first half of 2014, Buffett has been pulling the capital which he manages (on behalf of Berkshire Hathaway) out of markets, and particularly U.S. markets, in amounts never before seen in his entire investment career.

…Warren Buffett has never had so much money to spend.

Cash at his Omaha, Nebraska-based Berkshire Hathaway Inc. rose past $50 billion at the end of June, the first time it finished a quarter above that level since he became chairman and chief executive officer more than four decades ago.

Since that time; Buffett’s Berkshire Hathaway cash-hoard has soared to over $72 billion.  But it could have been even more.

Buffett’s Berkshire Hathaway (BRK.A) recorded a total of $72.7 billion in cash at the end of June, up about 1% from the end of December despite this year’s $37 billion acquisitions of aerospace supplier Precision Castparts and battery-maker Duracell…

Four decades. That’s a long time. Seventy-two billion dollars. That’s a lot of money. When a long-term value investor is sitting with more “dry powder” than at any other time in his four-decade tenure, one can only ask “why?”

Warren Buffett is now 86 years old. Unless we are to believe that he plans on bequeathing the largest mountain of capital he has ever accumulated to his successor, Buffett is planning on going on the Mother of All Shopping Sprees, and he is planning on doing so soon.

Long-term value investors do not buy high. Behavior such as that is reserved for momentum-chasing chumps, with money to burn. Long-term value investors buy low. Warren Buffett’s actions tell us that he anticipates so many “bargains” all around him that he requires more buying-power than at any other time in his investment career.

Buffett’s preferred super-market for doing his shopping is the S&P 500. The S&P 500 currently sits above 2100 points, having more than tripled from its March 2009 low of 676.53. Those analysts who still remember the word are shouting “bubble.” But these are U.S. markets, where rules and rationality no longer seem to apply.

One of the surest harbingers of a market crash has always been an obvious peaking pattern in margin debt. According to this indicator, U.S. markets already “rolled over” – a full year ago – as proclaimed in this Bloomberg headline:

Margin Debt in Freefall Is Another Reason to Worry About S&P 500

Since its peak, total margin debt at the NYSE has fallen by approximately 20%. “Indicators” don’t get much louder than that. Yet here we are, one year later. The bubble in U.S. equity markets has continued to grow, but few people seem to care – except Warren Buffett. What does he know?

It’s hard to decipher this from what Buffett is saying, because he hasn’t been saying much. As recently as April of this year, he was pooh-poohing Carl Icahn’s warning that “a day of reckoning” was approaching in markets.

More revealing (once again) is to look at what Warren Buffett has been doing. A recent article did precisely this:

Over the last couple of years, Warren Buffett’s holding company, Berkshire Hathaway has been dumping its exposure to American stocks that rely upon consumer spending.

For example, at the end of the second quarter of 2012, Berkshire Hathaway held 10.33 million shares of Johnson & Johnson.(1) At the end of the second quarter of 2014, it held only 327,100 shares.(2) Over a two-year period, Buffett’s holding company sold off 96.8% of its holdings in Johnson & Johnson.

Berkshire Hathaway also culled its holdings in Kraft Foods Group, Inc. (NASDAQ/KRFT). In the second quarter of 2012, Warren Buffett’s holding company held 58,826,390 shares, two years later, it held just 192,666 shares. That represents a 99.7% sell-off.  [emphasis mine]

Johnson & Johnson and Kraft Foods are market icons nearly on par with Buffett himself. Yet the Oracle of Omaha now deems these consumer bellwethers to be virtually radioactive. The U.S. has a consumer economy, and it seems that no one is more-bearish on the U.S. consumer than Warren Buffett.

Of course Buffet hasn’t only been selling over the past four years, he’s also been doing some buying. What does Buffett like, at a time when he doesn’t like much? The previously cited article, provides further guidance.

What stocks does Warren Buffett think will do well in a correction? Since the beginning of 2012, Berkshire Hathaway has increased its holdings in Wells Fargo & Company (NYSE/WFC) by 23%, U.S. Bancorp (NYSE/USB) by 23%, and still has a huge stake in American Express Company (NYSE: AXP).

Warren Buffett still likes banks, Big Banks, to be precise. No news there. Buffett’s ardent admiration for U.S. Big Banks borders on infatuation, even though these financial institutions are caught committing major felonies, on virtually a weekly basis.

Buffett is shunning consumer bellwethers, but still buying the Big Banks. As we look toward the Next Crash in U.S. equity markets, this might be a good time to look back at the last crash: the Crash of ’08. During that deep and frightening market/economic trough, it was a bad time for almost every sector – except big-banking.

The Crash of ’08 harkened in a whole, new era for U.S. (and Western) Big Banks: the institutionalized extortion euphemistically termed “too big to fail”. Give us all your money, or we’ll blow up the financial system.

The threat worked, spectacularly well, in 2008. U.S. Big Banks received $100’s of billions in up-front blackmail payments, with trillions of dollars more in future installments, in the form of “loss guarantees” and tax-breaks. This systemic extortion was extended, across the Western world, and now all of these felony-committing Big Banks are “too big to fail.”

Is Warren Buffett preparing for the Next Crash, as he bails out of U.S. consumer bellwethers, and loads up on Big Banks? If this is the case, he is certainly playing coy with the media. As recently as one month ago; Buffett was crowing about the current condition of the U.S. economy as being “pretty damn good”.

If investors choose to focus on what Warren Buffett is doing, they may be tempted to dump their equity holdings, and move their wealth into something genuinely secure – like precious metals. However, if they choose to focus on what Warren Buffett is saying, there doesn’t seem to be much to worry about.

For some people, the fact that Buffett’s words don’t match his actions may be the greatest cause for concern of all.

–Jeff Neilson

Read more at http://www.stockhouse.com/news/newswire/2016/09/16/warren-buffett-s-cash-hoard-what-does-he-know#v6QYXKGTqd4iiPkl.99

 

Disclaimer© 2010 Junior Gold ReportJunior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR). No Guarantee as to Content: Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.

Stock Trading Alert: Sentiment Improves Following Fed’s Rate Decision, Will The Uptrend Continue?

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Stock Trading Alert originally published on September 22,  2016, 6:55 AM:

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is neutral, following S&P 500 index breakout above last year’s all-time high:

Intraday outlook (next 24 hours): bearish

Short-term outlook (next 1-2 weeks): bearish

Medium-term outlook (next 1-3 months): neutral

Long-term outlook (next year): neutral

The main U.S. stock market indexes gained 0.9-1.1% on Wednesday, as investors reacted to FOMC

1

Rate Decision announcement. The S&P 500 index broke above its short-term consolidation along the level of 2,160. However, it still remains slightly below its two-month-long consolidation following June – July rally. The nearest important level of resistance is at around 2,170, marked by the daily gap down of 2,169.08-2,177.49. On the other hand, support level is at 2,150, marked by previous level of resistance. The next important support level is at around 2,120-2,130. Is this a new uptrend or just upward correction following the early September move down?

Expectations before the opening of today’s trading session are positive, with index futures currently up 0.3%. The European stock market indexes have gained 1.3-2.0% so far. Investors will now wait for some economic data announcements: Initial Claims at 8:30 a.m., FHFA Housing Price Index at 9:00 a.m., Existing Home Sales at 10:00 a.m. The S&P 500 futures contract trades within an intraday uptrend, as it extends its yesterday’s rally. The nearest important level of resistance is at around 2,160-2,165, marked by previous local high. The next important level of resistance is at 2,170-2,180. There have been no confirmed negative signals so far. The market trades within a short-term uptrend, as we can see on the 15-minute chart:

2

The technology Nasdaq 100 futures contract is relatively stronger than the broad stock market, as it trades close to new all-time high. The nearest important support level is at around 4,800-4,820, marked by previous level of resistance. There have been no confirmed negative signals so far. However, we can see some short-term overbought conditions:

3

Concluding, the broad stock market broke above its short-term consolidation yesterday, following Fed’s Rate Decision release. The S&P 500 index retraced more of its early September decline, as it broke above its recent consolidation. However, we continue to maintain our speculative short position (opened on July 18th at 2,162, S&P 500 index). Stop-loss level is at 2,210 and potential profit target is at 2,050 (S&P 500 index). You can trade S&P 500 index using futures contracts (S&P 500 futures contract – SP, E-mini S&P 500 futures contract – ES) or an ETF like the SPDR S&P 500 ETF – SPY. It is always important to set some exit price level in case some events cause the price to move in the unlikely direction. Having safety measures in place helps limit potential losses while letting the gains grow.

Thank you.

Paul Rejczak
Stock Trading Strategist

Stock Trading Alerts

SunshineProfits.com

* * * * *

Disclaimer

All essays, research and information found above represent analyses and opinions of Paul Rejczak and Sunshine Profits’ associates only. As such, it may prove wrong and be a subject to change without notice. Opinions and analyses were based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are believed to be accurate, Paul Rejczak and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Rejczak is not a Registered Securities Advisor. By reading Paul Rejczak’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

Disclaimer© 2010 Junior Gold ReportJunior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR). No Guarantee as to Content: Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.