Another Katusa Video

40
Tue, Mar 26, 2013 - 11:18am

The past two of these that I've posted have been well received. So, here's another.

This comes from https://www.futuremoneytrends.com. It's another interview of Marin Katusa of Casey Research. Once again, they discuss the miners and a few of the same specific ones that they like. But they also go into gold as "insurance" and whether or not it's wise to have a significant portion of your assets on physical metal.

I hope you find it helpful.

TF

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turd [at] tfmetalsreport [dot] com ()

  40 Comments

Newager23
Mar 26, 2013 - 8:03pm

Brazil Resources

You can read what I have to say about Brazil Resources on my website:

www.goldsilverdata.com/company/84-Brazil-Resources-Inc.html

I have about 90 gold and silver mining stocks as top picks in my database (because of this massive correction), but Brazil Resources is not one of them.

That said, I bought the stock because I think investors are going to buy it. I consider it a speculation stock, because they don't have a flagship property yet. That said, I probably have this stock undervalued. They seem to be making progress on their Cachoeira project (750,000 oz and growing).

Newager

lakedweller2 SRSrocco
Mar 26, 2013 - 9:27pm

dyno Mo hum - RIOM

I agree on Rio Alto. My first buy was in April of 2010 at .864 a share. Just didn't buy enough at that price. Hoping for another good move.

Roark Frankenstein Government
Mar 26, 2013 - 11:03pm

@ Frankenstein G:

Frankenstein G wrote:
A friend of mine asked me last night, why doesn't somebody file a Writ of Mandamus on the CFTC commanding them to do their job and publish the results of their investigation?

The instant issue that comes to mind is one of standing. I don't see how the average Joe could establish he had a right to mandamus relief. Someone "inside the loop" might be able to establish it, but not you and I. Maybe the GAO or AG or a similar oversite entity would have some luck. Dunno.

Mandamus in practice is generally used as a device to get a crooked/clueless judge to do something that is black-letter law. In other words, if the judge is just so completely wigged-out with Black Robe Disease that they do something stupid (or illegal), and your being left to appeal it at the END of your case would fatally damage the prosecution/defense of your case, then you have the mandamus route. It is only rarely applied in regards to things like committees (CFTC) and their ilk. And then, only if you can show standing, irreparable harm, etc.

All of which is a rather long way of saying "I just really don't know why, or how, it would be useful in this context". :)

@CalLaw: Whatchuthinkin, Spanky? Any ideas from the Left Coast on this? :)

old tradesman
Mar 26, 2013 - 11:28pm

@ roark

is that you Holder

Terp
Mar 27, 2013 - 3:55am

Hat Contest List

Just a reminder - Hat Contest Guesses here:

https://www.whittierinvestments.com/turdville/

.

Green Lantern
Mar 27, 2013 - 10:13am

@LoudNoise

Take that $500.00 and buy physical.

there is no way you are going to do anything significant with 500 bucks. Junior Mining sector is a tough, tough business. It requires having a very balanced portfolio recognizing that two or three might end up being duds but just one win could offset the loses. There is a steep, steep learning curve both knowledge wise and emotionally wise.

There is no such thing as investing in junior mines. It is 100% speculation. You mitigate your chance of loss by accumulating knowledge and the assistance of somebody who is more expert than you. Your $500 bucks might just get you a good newsletter in the mining sector. And reading a newsletter can be more confusing than helpful especially somebody like Casey who gives you dozens of picks to choose from and in the beginning you are scratching your head what to buy.

People who invest in junior mines and pick the right properties will likely have life altering experiences. but not everybody. You probably want a minimum of 10 grand to start such a portfolio and that is bare bones. I listened to a little bit of the video and will listen to the rest later. But if he doesn't warn people of the high risk, high reward stakes then he missed something.

hsofiak
Mar 27, 2013 - 10:20am

@Netdania silver volumes are reposted from last thread

Volumes in the spot market are definitely enigmatic.

Netdania does not provide a clear indication of what the volume data means ... or if they do, I have not been able to find it.

In the past I used eSignal for spot metal prices. The volumes reported there were difficult to make sense of so I made an inquiry to eSignal to, hopefully, obtain clarity. The eSignal response to that initial inquiry indicated that the volumes represent the combination of data reported to them by a number of providers and, if I recall correctly, the volume did not correlate to physical ounces. I made a second enquiry with questions specifically designed to dig out more details. No response was ever received. Shortly thereafter I ceased using eSignal and switched to Netdania.

If one scans back with Netdania one can see the size of volume bars suddenly increase. Is this situation similar? I am not familiar enough with the history of spot silver price/volume data to know the answer nor do I have a dataset that is comparable to investigate the situation. Someone who currently has an eSignal FX feed could do a comparison.

Also, unfortunately, I cannot recall if the volumes reported by Netdania and eSignal were positively correlated. Again, something for someone with an eSignal FX feed to investigate.

Zoltan hsofiak
Mar 27, 2013 - 11:50am

ND Volume bars

Hi hsofiak,

Glad someone else is interested in the ND feed.

The volume bar data gets dropped after a time period (the old numbers are gone). That is why the bars jump from what is basically a flat line (ex. on the one day chart the volume data prior to December 2010 has dropped off). Having said that the volume as of late has been staggering. You can watch it live on a one minute chart and see the dumping going on to manipulate prices.

As far as what the volume actually measures I still haven't found a satisfactory answer so I just use it relative to the previous numbers (ie. I only compare it to itself to look for changes). ND is the spot market (not futures).

Z

hsofiak Zoltan
Mar 27, 2013 - 12:14pm

@Zoltan

You have had the same result in your investigation. Thanks for the info on the past numbers.

Do you look at the tick volumes (whatever they really measure)?

Lately ticks with volumes of 500 have been occurring. Previously, 50 was a large tick volume.

Higher tick volumes may equate to more desperation by the alleged manipulators versus buyer strength and interest as I have observed that price can go down just a quickly on small or large tick volumes. In other words, when buyers exhibit strength and interest higher tick volumes are required to maintain or move the price.

tyberious
Mar 27, 2013 - 12:44pm

SOS: Obama signs Monsanto

SOS: Obama signs Monsanto Protection Act - It's time to Label GMOs! - We will not be stopped!

It is with great sadness and a heavy heart that we regret to inform you that late last night President Barack Obama signed H.R. 993, which contained the Monsanto Protection Act into law. This is an outrage that will not go unanswered.

While we are still waiting to hear from the administration all the final details, we understand at this time that Section 735, the Monsanto biotech rider is intact.

President Obama knowingly signed the Monsanto Protection Act over the insistence of more than 250,000 Americans who signed an urgent letter asking that he use his executive authority to veto H.R. 933 and send it back to Congress to remove the Monsanto Protection Act from the bill. Regretfully, President Obama failed to live up to his oath to protect the American people and our constitution.

Today we’re calling on President Obama to issue an executive order to call for the mandatory labeling of genetically engineered foods.

Tell President Obama that you're outraged that he signed the Monsanto Protection Act and it's time to label GMOs!

https://action.fooddemocracynow.org/go/806?t=7&akid=807.699502.4EtXon

Now that Congress has passed and President Obama has signed into law, the Monsanto Protection Act, Food Democracy Now! urgently requests that the President issue an executive order to support the mandatory labeling of genetically engineered foods.

We want to thank everyone who made tens of thousands of calls to Congress and the White House and we understand that people are upset, but now is not the time to be quiet!

Click here to make a call to the White House and let President Obama and your members of Congress know how upset you are and that it's time for GMO labeling! We will not be stopped! Every voice counts!

https://action.fooddemocracynow.org/go/807?t=10&akid=807.699502.4EtXon

If leadership in Washington DC can betray the public behind closed doors, it’s time that the American public gain the right to transparency about what they are eating and the food they’re feeding their families every day.

Not only is GMO labeling a reasonable and common sense solution to the continued controversy that corporations like Monsanto, DuPont and Dow Chemical have created by subverting our basic democratic rights, but it is a basic right that citizens in 62 other countries around the world already enjoy, including Europe, Russia, China, India, South Africa and Saudi Arabia.

In addition, mandatory labeling of GMO foods is something that President Obama promised while on the campaign trail in 2007 to Iowa farmers when he said on November 10, 2007 in Des Moines: “Here’s what I’ll do as president... we’ll let folks know whether their food has been genetically modified because Americans should know what they’re buying”.

It’s time that President Obama hold true to his campaign promise to Iowa farmers and the American people by issuing an executive order to label GMOs in our food products immediately. The American people need real leadership in Washington DC, not more backroom deals by corporate lobbyists that subvert our democracy.

Tell President Obama that you’re outraged and demand that he must immediately issue an Executive Order to label GMOs.

We recognize that this is a time of great sadness for millions of Americans, but now is not the time to sit back and do nothing. We must act collectively to demand openness and transparency, not only in our government, but also in our food supply. It’s time that President Obama stand up for the American people and immediately issue a signing statement calling for the mandatory labeling of GMOs.

The passage of the Monsanto Protection Act is another sign of how out of touch Congress and the White House are with the sentiment of the America public. The insertion of the biotech rider in a backroom deal with corporate lobbyists and Senate leaders is a new low. Since losing a court case in 2010 to Center for Food Safety for the unlawful planting of GMO sugar beets, Monsanto and other biotech companies have been desperate to find a way around court mandated environmental impact statements required as a result of a U.S. district court’s ruling.

There is a fierce urgency in the fight over the Monsanto Protection Act for family farmers and food activists across the country as 13 new genetically engineered crops await approval at the USDA and AquaBounty's GMO salmon could be approved in the FDA next month. The passage of this rider in an unrelated budget spending bill could open the floodgates for these new approvals, even if the budget agreement only last for the next six months.

Any new approvals could threaten the livelihoods of America’s farmers, as the approval of even a single one of these untested crops can lead to widespread contamination of farmers’ crops, bringing economic harm to farmers and contamination to our seed supply.

Join Food Demcoracy Now! in calling for mandatory GMO labeling today! It's time to take back our government. Every voice counts!

For the past year, family farm advocates and legal experts have fought to stop the Monsanto Protection Act, another special interest corporate giveaway that fundamentally undermines the federal courts’ ability to protect family farmers and the environment from potentially hazardous genetically engineered (GMO) crops that have not been proven safe.

We recognize that there are narrow-minded people out there who do not think that a 6-month provision that subverts our Constitution and judicial authority for another corporate handout to Monsanto is worth shutting down the federal government, but here at Food Democracy Now! we disagree.

We are greatly encouraged by the quarter million American people who have signed this letter and the tens of thousands of phone calls to Congress and the White House to demand that our basic rights are upheld by our elected officials, particularly our President. This is a sign of how urgent citizen participation is to maintaining a democracy.

Washington has failed us. It is clearer now than ever that "we are the ones that we’ve been waiting for"!

Thanks for participating in food democracy,

Dave, Lisa and the Food Democracy Now! team

Background:

1. "Obama Signs Monsanto Protection Act Into Law: Statement by the Press Secretary on the H.R. 933 On Tuesday, March 26, 2013, the President signed into law"

https://action.fooddemocracynow.org/go/805?t=14&akid=807.699502.4EtXon

2. "H.R. 933: Consolidated and Further Continuing Appropriations Act, 2013", passed Congress March 22, 2013 containing Section 735, Monsanto Protection Act.

Monsanto Protection Act language, Now Officially U.S. Law!

Sec. 735. In the event that a determination of non-regulated status made pursuant to section 411 of the Plant Protection Act is or has been invalidated or vacated, the Secretary of Agriculture shall, notwithstanding any other provision of law, upon request by a farmer, grower, farm operator, or producer, immediately grant temporary permit(s) or temporary deregulation in part, subject to necessary and appropriate conditions consistent with section 411(a) or 412(c) of the Plant Protection Act, which interim conditions shall authorize the movement, introduction, continued cultivation, commercialization and other specifically enumerated activities and requirements, including measures designed to mitigate or minimize potential adverse environmental effects, if any, relevant to the Secretary’s evaluation of the petition for non-regulated status, while ensuring that growers or other users are able to move, plant, cultivate, introduce into commerce and carry out other authorized activities in a timely manner: Provided, That all such conditions shall be applicable only for the interim period necessary for the Secretary to complete any required analyses or consultations related to the petition for non-regulated status: Provided further, That nothing in this section shall be construed as limiting the Secretary’s authority under section 411, 412 and 414 of the Plant Protection Act.

https://action.fooddemocracynow.org/go/803?t=16&akid=807.699502.4EtXon

3. “H.R. 933: Department of Defense, Military Construction and Veterans Affairs, and Full-Year ... (Concurring in the Senate Amendment)”, which contains Section 735, the Monsanto Protection Act passes Congress 318-109.

https://action.fooddemocracynow.org/go/802?t=18&akid=807.699502.4EtXon

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