I really like the wisdom of Richard "Old Man" Harrison on the History channel reality series "Gold and Silver Pawn Shop" in Las Vegas. They also buy old guns, cars and history stuff. My kind of stuff. He has been known to ask sellers questions like "Is this your real name" and "be honest to me boy". You can see in his character and eyes that he's a straight shooter and funny too. He wears the same hat to work each day and I respect that. No hidden meaning there, it's obvious.
Hello Mainman: Do a little checklist research and brighten the darkness as to whom or what ID stands behind the curtain. Bashers will jump with red when they see a vulnerability or weakness as we all sometimes leave our doors unlock. That type of bashing doesn't happen often and only by the real sick jealous types. Some trolls have multiple IDs and friends.
Start first with a time search - above. With that, the street is not crowded. Notice how a suspect treats others who confront them. They will give red, but will give themselves green mostly only when they are confronted back. I don't have a concern with the poster above or with the recent posting of MR. Yahoo message boards (public and private) have trolls and bashers that will go after main posters.
Those with paranoia personalities along with other social behavior - controlling, ego, anger or trust disorders get self satisfaction by all of this. With message boards it's about power without their face or life on display. If they make money trading from this, it's a frill, but the pulsing satisfaction comes from seeded conditions.
What is posted on this board, seldom if almost never will make a big difference in price. It's best to forget the trolls and keep posting.
Have a warm Christmas with your family and to all the other posters long or short.
I'm not referring to MR, it's someone else that posts on another pm message board. This someone has posted here and dislikes EXK. I'm not the only one that knows about this per emails. Others have seen red as well.
He's given me as many as 6 down red thumbs per post in less than 3 minutes. Immature, and I suppose those that have / had connect with him in real life feel the same way.
Sure why not, it's called manipulation to brainwash you in thinking that a better economy is bad for silver. Corporate industrial banking want you believe that silver is just a currency, dollar negative and an inflation hedge, so they can buy silver cheap and you won't.
A silver coin has two sides --- heads for industrial growth as in silver usage and tails for economic concerns.
Research the Silver Industrial Conference held in Washington, D.C, and you will see the other world of silver - and lately it's been the real world. Heads up. Tails another day. Either way, silver is a reflection of the future.
I've never been invested in Canarc. Many shareholders of past were from Vancouver, BC Canada per local mining presentations and media outflows.
I posted this on June 23, 2013.
Canarc - Form 6 - K 2012
CEO Bradford Cooke - salary - $35,290. Total Compensation $47,150
Most other option-based awards are nil (present) including pension plan
Canarc has their own President / CFO, and 2 VP's that manage day to day operations.
I understand your pain. They should never had issued public shares for funding development. High reputation underwriters require revenues of approximately $10-$20 million per year with profits around $1 million for issue of public stock pertaining to a new company. Risk ratios and beta are always high with any new company becoming public to raise cash for development.
Not much to say today , but for the many reasons that metals rose yesterday, nothing has changed. There's little notable government reporting today, here or abroad.
From Market Watch - “European currencies do have a tendency to strengthen toward the end of the year,” he said, adding that the trend had been overshadowed in the past few years by the European crisis. The year-end strength in the euro has to do with export companies that tend to hedge at the end of the year for the following year."
That is true. Also, European's, Australians and a lot of other countries are getting upset with our government on several issues. International spying by our government is starting to make waves. Many foreigners are starting to boycott the dollar and dollar trades. This could Heat Up With Activism, but what do I know. The CME pasted rules yesterday to investigate non banking criminal futures activity. I expect that this is mostly because of possible banking restrictions with hedging.
Boring post, boring day.
The DRY Index or ICE may fall more based on Foreigners view of the frosty dollar
Foreigner Cold As Ice Lyrics
You're as cold as ice
You're willing to sacrifice our love
You never take advice
Someday you'll pay the price US government, I know
I've seen it before, it happens all the time
(Oooh-oooh) You're closing the door, you leave the world behind
You're digging for gold, yet throwing away
(Aaah-aaah) A fortune in feelings, but someday you'll pay more for my gold
Sorry about that, Yahoo jumped the gun and posted before I hit the post key. The same with the above post as 'their' needed to be changed to there.
I also wanted to mention the Volcker ruling in relation to Black Swan events - banning portfolio hedging. This is why Goldman and other investment houses wanted to sell gold, their gold, to clients. This issue is helping metals and will slow manipulation until they fully re-open prop desks in London and Asia.
We should get another day of up movement with futures. Their is some sand short covering, but currencies are pointing to China and away from Japan.
Quail: I believe that ifs, ands, buts and luck forms a history for one's life. Also trying to think outside of a manipulating universal box is useful to me.
So YOU may be RIGHT on the shorter term.
Take a look at my last post under your threat - "PM stocks detach from general market". I had worked for D of Labor for a year after my first degree years of college. The 7.0 figure is such dishonestly and it ticks me off, that manipulation controls our government in an increasing way. Talk to someone who has gone recently to Europe, and see if they were welcomed with US dollars. I was told NO.
In November, 2013, the real unemployment rate (U-6) was 13.2%, while the widely-reported unemployment rate (U-3) was 7.0%. Here's how to calculate both.
Step 1. Calculate the official unemployment rate:
U-3 = 10.907 million unemployed workers / 155.294 million in the labor force = 7.0%.
Step 2. Add in marginally attached workers: There were 2.096 million people who were marginally attached to the labor force. Add this to both the number of unemployed and the labor force.
U-5 = 13.003 million / 157.390 million = 8.5%.
Step 3. Add in part-time workers: There were 7.911 million people who were working part-time because they couldn't get full-time work, although they'd prefer it. Add them to the unemployed, they're already in the labor force. Many employers such as hospitals will have staff placed on call. Also according to patient census, hospitals can also force staff to use PTO - vacation time if they have/or not available hours in their accounts. BLS doesn't consider many factors, so part-time wage stats represents millions of people who would prefer working more hours. There are lies all over the place on those who have set and unset part-time hours, which is harder to study, but I will try to come up with figures. One can go with the 13.2 below, but it's much higher than that.
U-6 = 20.772 million / 157.390 million = 13.2%.
What is never discuss is how many people decided to take early retirement after being laid off as they felt that no one will hire them at their age. Some of these people are now finding it hard to get by. My knowledge of this is from a non-profit.
The real hurt will continue and one can thank our corporate welfare greedy shareholdering making nation. And I'm talking about those who want to work.
"Silver and gold will have their day.....but not today! "
Silver and gold has been moving up today. One reason is that Goldman is directing their private clients into some metal and core industry metal positions. My father-in-law swears by them as his account with mostly large cap and dividend stocks has done well.
This was just posted on MSN: News story
"According to the National Employment Law Project's (NELP) newest report, because the fast-food industry pays its workers less than a living wage, U.S. taxpayers must foot the bill in the form of the public assistance programs these workers must use to get by. McDonald's alone, according to the group, cost taxpayers $1.2 billion last year."
"What this report shows," explained NELP policy analyst Jack Temple, "is that whether or not you work in the fast-food industry or eat fast food, the industry is costing you. The low-wage business model that this industry is based on drains resources from the economy by forcing low-pay workers to rely on public assistance in order to make ends meet." Such assistance includes programs like the earned income tax credit, SNAP benefits (food stamps), Medicaid, the Children's Health
Program and the Temporary Assistance for Needy Families program."
From me: The $1.2 billion mentioned (public assistance) is just for McDonalds. Add numbers for all the other hamburger heart failures, plus other food services, retailers and others with low wage jobs. The number comes to some very serious money.
Hi Quail: I wrote - 'The number one private employer (with many part-time workers) in this country is Wal-Mart, and the number two employer in this country is a temp agency called Kelly Services.'
Kelly Services has many contracts with municipalities in which some are in support services, such as a level 1 computer programmer for a local SPCA. Although I was again making reference to private employment.
We also pay for food stamps and many other benefits for many Wal-Mart employees - often including medical care because Wally has so many part-time jobs.
Selling hamburgers and fries, or working at Wal-Mart should be mostly looked at as starter jobs for the young. So why is Wall Street and Washington bragging when we know the real propositional numbers, which are minimum wage jobs.
The executives of MacD's and Wallymart are laughing as they have increased your taxes to pay for corporate welfare. A two dollar rise in the minimum wage would only help you - not these employees - as it would only cut food stamps that you and I pay for. And as far as hamburgers or stuff from China going up in price because of a wage increase, it doesn't hold water for (yours and mine) life expenses. Let the competitive corporate battles begin. I would welcome that.
The reference to the 'green mean machine' is too say that jobs for the middle class aren't available for the entire middle class. The last time that I checked from private economic data, the American middle class ranked 27th in the world.
Almost 80% of the jobs created in the last five years are part-time jobs that won’t pay the bills of an average middle class lifestyle.
And, the second biggest employer in America is now a temp agency!
Food stamp rolls are growing faster than employment. The national debt has increased by 50% in the last five years. There was a promise to reduce health insurance bills for an average American family by $2,500 per year, instead your middle class health insurance went to $3,000 per year. Almost 50% of Americans have less than $500 in savings. Many in the middle class are living paycheck to paycheck.
Labor participation % by men is at the lowest rate ever measured – since they started tracking it in 1948.
National debt will continue to grow. The powerful are stockpiling money now and much of that will be turned into gold. Private vaults for storing gold are increasing.
Never trust government or banking statistics. Your children's lives may depend on it, if you are part of the middle class.