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Thursday Conversation - Dave Kranzler of The Mining Stock Journal


Our old pal, Denver Dave, stops by today to discuss the precious metals and the mining shares. This is one podcast where you should definitely carve out some time to listen.

Again, Dave is a fantastic analyst and money manager. He's been a friend for years and I wholeheartedly recommend his investing journals if you have any interest at all in the markets and the precious metal miners. More info can be found at his website: https://investmentresearchdynamics.com

For today, Dave and I primarily concentrate on a few primary topics.

To these ends, the screenshots below will be of interest as you follow along.

Thanks again to Dave for so generously sharing his time today. I'm confident that you will very much enjoy this podcast.



Iceberg Slim
Apr 8, 2021 - 8:52pm
Apr 8, 2021 - 8:50pm

India farm cost set to rise with increase in fertiliser prices

The farm input cost is set to rise sharply with a steep increase in fertiliser prices on account of spike in international prices of the raw material. The country’s largest fertiliser seller – Indian Farmers Fertiliser Cooperative (IFFCO) – has raised the prices of non urea fertilisers by upto 58%. A 50 kg bag of most popular nutrient DAP will now cost Rs 1900 as against Rs 1200 a bag. Similarly, the price of NPK will range from Rs 1500-1800 a bag - a rise of almost 50% from earlier price tag. Other companies have also announced rise in fertiliser prices.

IFFCO, however, clarified that the company will not sell fertiliser immediately at the increased prices. “We will sell the 11.26 lakh tonnes of complex fertiliser which will be sold at old rates only. Materials with new rates are not for sale to anyone. There is enough material in the market with old rates and I have instructed the IFFCO marketing team to sell only previously packed material with old rates to farmer,” tweeted U S Awasthi, managing director and chief executive of IFFCO.

Awasthi tweeted that the prices of complex fertilisers mentioned by IFFCO are only tentative. “The International prices of the raw materials are yet to be finalise by companies. Indeed, there is a sharp increase seen in the trends of international raw material prices,” he tweeted.


Apr 8, 2021 - 8:27pm

Secretary Yellen tells world’s big economies to spend big

US Treasury Secretary Janet Yellen on Thursday warned of the risk of a permanence divergence in the global economy in the wake of the COVID-19 crisis, and urged major economies to inject significant new fiscal support to secure a robust recovery. In a statement to the steering committees of the International Monetary Fund and the World Bank, Yellen underscored the need for major economies to continue supporting developing countries as they grapple with the COVID-19 pandemic, climate change and high debt burdens.

She urged the World Bank to help countries, particularly the world’s poorest, get timely access to COVID-19 vaccines, and backed accelerated negotiation to replenish the World Bank’s International Development Association fund for the poorest countries -- a goal the bank aims to reach by December.


Apr 8, 2021 - 8:25pm

I'd like to point out EXK Endeavor held both bullion/concentrate

Silver held 98% was in bullion

Gold held 66% in bullion

Apr 8, 2021 - 8:24pm

Tensions rise as China drills deep in disputed South China Sea

China has drilled deep in the South China Sea to retrieve sediment core from the seabed, state media reported on Thursday, amid tensions over disputed waters with rival claimants Taiwan and the Philippines, as well as with the United States.

Chinese scientists on a marine research vessel used China’s home-made “Sea Bull II” drilling system to obtain a sediment core 231 meters (253 yards) long at a depth of 2,060 metres (6,760 feet), the official Xinhua news agency said. The system can help explore natural gas hydrate resources in the seabed, Xinhua added, referring to the solid ice-like crystals formed from a mixture of methane and water that are touted as a promising source of energy.

It was unclear exactly where the drilling took place in the South China Sea, around 90 percent of which is claimed by Beijing as its territorial waters. Malaysia, the Philippines, Taiwan, Vietnam and Brunei also lay claim to parts of the sea, which has vast oil and gas potential.

Tensions in the region have escalated since a US Navy strike group entered the South China Sea on Sunday. That came after the president of the Philippines, a US ally, voiced concern about Chinese vessels massing in Manila’s 200-mile (320-km) exclusive economic zone. Self-ruled Taiwan, which China also claims as its own territory, has threatened to shoot down Chinese drones spotted circling the Taipei-controlled Pratas Islands in the South China Sea.


Apr 8, 2021 - 8:21pm

Ukraine’s Zelensky to visit frontline after surge in clashes

Ukrainian President Volodymyr Zelensky was traveling on Thursday to the frontline of the country’s fighting with eastern separatist forces, after a surge in violence and a spike in tensions with Moscow. Zelensky was due to visit positions where a ceasefire “has been systematically violated in recent days” and Ukrainian soldiers killed or wounded, the presidency said in a statement. The purpose of the trip was to “maintain the fighting spirit” of the army, the presidency said.

Another soldier was killed early on Thursday after separatists opened fire on Ukrainian positions in the Donetsk region with mortars and artillery, the Ukrainian military said, bringing to 25 the number of its troops killed since the start of the year. Fears have been mounting of a major escalation of the conflict in eastern Ukraine, where government forces have battled separatists in the mainly Russian-speaking Donbas region since 2014.

Ukraine last week accused Russia of massing thousands of military personnel on its northern and eastern borders as well as on the Crimean peninsula annexed by Moscow. Kiev’s Western allies have rushed to its defense with a series of statements warning Russia against taking further action and seeking explanations for its troop build-up.


Apr 8, 2021 - 8:18pm

US, Iran may meet next week for indirect talks on nuclear deal

Talks between the US and Iran may go into next week in an effort to reach a new nuclear deal, the State Department said Friday.

President Joe Biden’s Special Envoy for Yemen, Rob Malley, is expected to return to Washington for the weekend after leading the US delegation during talks in Vienna this week. Discussions this week, which European countries and Russia and China mediated, were “productive and businesslike,” Price said.

Pressed about recent reports and comments he previously made, Price said the US would continue to push back against Iran’s “nefarious activities,” including support for terrorism and its ballistic missile program. However, Price refused to rule out lifting sanctions levied by the Trump administration on Iran’s central bank.


Apr 8, 2021 - 8:11pm

Remember all black markets are created by law.

Another axiom for you is;

You will be captured within the lies you participate in.

I report profits and pay taxes.

Apr 8, 2021 - 8:07pm

Gold and Latin: Twin Pillars of Western Rejuvenation

Gold Coinage of the Latin Monetary Union

After Brexit, there has been a growing number of voices within the European Union and among various nationalistic groups arguing that English should be replaced as the official language since now only Ireland and Malta retain English.

The loudest quarter calling for a change has come from the French who, not surprisingly, want their own tongue to become the lingua franca of the EU. Eric Zemmour, a French conservative commentator, asserts, “I think this is the time to launch a counter-offensive in favour of French, to recall that French was the original language of EU institutions.”* A return to French, however, has its difficulties with other nationalist groups particularly those from the EU’s dominant economic power, Germany.

An interesting and most logical solution to the seemingly intractable problem has been suggested by an article in the magazine Le Figaro,** which calls for a return to Latin as the EU’s lingua franca. Why Latin? A return to Latin makes the most sense since the Romance languages of the EU nations – Italy, France, Spain – developed out of Latin, and the Germanic tongues contain a large amount of Latin words in their vocabularies. It would thus be relatively easy to bring back Latin as an international language.

Latin has a long and successful history stretching back to Antiquity as the language of law, commerce, science, and religion. Latin fostered social cohesion among ethnic groups and cultures while it facilitated the exchange of ideas and customs.

While Latin is par excellence a lingua franca, an international monetary system based on gold would accomplish many of the same benefits for the economies of Europe (and for that matter the world) that Latin has done for communications and interrelations. Many of the same arguments which have been applied to Latin can be used for a metallic monetary order.


indiana rod
Apr 8, 2021 - 8:05pm


So they make it illegal to own or transact business with gold or silver. When did they start enforcing any law? In the past year every imaginable law has been broken. Has any one gone to jail?

Well, maybe the 'armed insurrectionists' that stormed the Capitol Building without any weapons.

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