A Follow-up Visit with Greg Crowe of Silver One

90

Back in September, we introduced everyone to Greg Crowe, president and CEO of a new junior resource company called Silver One. As a holiday treat, here's an update on how things are progressing for the company.

Again, we offer these interviews not as an endorsement but as an introduction and, as most everyone knows, the key to success in mining company investing is diversification. To that end, though, you still need more winners than losers and that's where great management often carries the day.

So please listen to this update from Greg. Last summer, Silver One purchased three properties from First Mining Finance and the long-term potential for success is there. Additionally, Greg's 30-year career in the sector certainly provides some wisdom when evaluating what transpired in 2016 and how the precious metals might react in 2017.

More information on Silver One can be found in these three links:

Thanks for listening,

TF

  90 Comments

AIJ James Crighton
Dec 26, 2016 - 11:35am

James C / Bitcoin Video

Excellent video on BTC. Thanks JC. The extent of corruption in government is simply stunning. Simply making a stand to protect yourself will be met with brutal suppression. Prepare.

canary
Dec 26, 2016 - 12:09pm

We call them sheeples

But actually, they've made a lot of money investing in stocks (supported by Fed).

And why would they buy gold?

U.S. dollar is strong.

Rates are rising (Fed is the only major CB that does it)

Inflation nowhere in sight (Actually, the sheeples invest in inflation by buying stocks)

Global debt or the financial collapse?...Central Banks don't see a problem, neither the financial media....So the sheeples sleep well.

Gold manipulation?...They see it as something minor, that happens in every market.

Economy?...There's an optimism with Trump in power.

Plus investing in gold scares them after watching it for the last five years.

Why would they invest in gold, now or next year?

bently
Dec 26, 2016 - 12:12pm

Greeting and gratitude for all Turdites

Merry Christmas and Happy Hanukkah to all the wonderful people in this community. Together, it is all of you, led daily and faithfully by our irreplaceable leader, who make this such a special site. TFMR truly is a center for invaluable and enlightened information, whose members revere and strive to live for standards of honesty, liberty, generosity of spirit and faith in God. All in a spirit of civility with lots of fun.defiance and good humor thrown in.

I look forward to reading everyone's posts in 2017 -- and holding onto the hope that PMs will have their day in the sun. We've been held down so long. We've got a right to be wrong. But the day is coming, and it's not far off, when we'll be singing our song.

billhilly
Dec 26, 2016 - 1:18pm

A christmas decoration gone wrong....

//attachment[dot]outlook[dot]office[dot]net/owa/hillbillymix[at]hotmail[dot]com/service.svc/s/GetFileAttachment?id=AQMkADAwATE2ZjQxLTNkODktNmQ5Zi0wMAItMDAKAEYAAAO0wmr0MW3WT7xv52E3nIzSBwDVDiux9MuxTJQT9l98U1pdAAACAQwAAADVDiux9MuxTJQT9l98U1pdAAFpa1rKAAAAARIAEAD70F5CD5TFTayaeRZTzWlG&X-OWA-CANARY=ngKL5quYTkiXBkRRdWt8WZDDpuG6LdQYOp7Yhz3LzhmZbyDzmgCNnYQU5Q20GJ6oI6MS_JU7R9M.&token=ea0bfb00-eb1e-4944-aed0-5eef669f378f&owa=outlook.live.com&isc=1" />

"Good news is that I truly out did myself this year with my Christmas decorations. The bad news is that I had to take the dummy down after 2 days.

I had more people come screaming up to my house than ever; but two things made me take it down. First, the cops advised me that it would cause traffic accidents as they almost wrecked when they drove by.

Second, a 55 year old lady grabbed the 75 pound ladder almost killed herself putting it against my house and didn't realize it was fake person until she climbed to the top (she was not happy).

By the way, she was one of many people who attempted to do that. My yard couldn't take it either. I have more than a few tire tracks where people literally drove up my yard."

Merry Christmas T-ville !

Marchas45
Dec 26, 2016 - 2:08pm

@billhilly

What the hell did you have on the roof? Any pictures?

tyberious
Dec 26, 2016 - 2:11pm

Rising pressures in the

Rising pressures in the sovereign bond market

"Bond vigilante" is a name that refers to investors who refuse to buy GOV bonds until they reach an interest rate that compensates them for the loss of purchasing power caused by price inflation. Everything is referenced off of the 10 year Treasury note. If there is inadequate "spread" between buy & sell, they won't buy. Yellen is now following the market, NOT leading it.
GOV is hard at work trying to inflate away the pain of repaying the debt. This runs counter to what the bond buyers want to see.

Historically, GOV has been able to inflate away 50% of the pain of debt repayment. Bond buyers take this number into account when they bid. Reportedly, GOV created $ 3.6 trillion of new debt in the previous year. This made everything look rosy leading up to the election of Killary. It has been proven that Killary wasted Sanders with election fraud.
Former CIA Spy Has A Christmas Message For Trump | Zero Hedge
This tactic just wasn't adequate to overcome Trump. Reportedly, the downhill slide is imminent.

Martin Armstrong projects a complete disaster in U.S. GOV bonds.
IceCap Asset Management Lays it ALL out in detail. I'll do some excerpts but, you should read the whole article.

Our research firmly reasons that the world is in the late stages of an enormous bubble in the bond market, and as it turns over it will affect all markets and strategies – regardless of where you sit in the world.

This convergence of political, social, economic, monetary and fiscal factors is developing, that while may seem chaotic to many – appears quite plain and simple to those who are able to see straight.
Or, so you’ve been told. The reason why the world’s bond market was turned upside down, inside out and tossed out with the trash was because of the following:

Long-term interest rates increased from +1.7% to +2.4%

Yes, that is not a typo. A mere 0.7% move higher was enough to wake up sleepy bond investors, create $1.7 Trillion in losses, and devastate the entire bond world.
Analysing these points obviously shows that the problems in the world today are squarely centered in the public/government sector – not the private sector. Since today’s sovereign debt crisis is in the public sector – the risks will manifest not in the stock market, but in the bond market.

This really is the most important point to understand today
Days after the dust settled on the bond market debacle, we had a meeting with one of the world’s largest bond managers. We asked them on a scale of 1-10 with 10 being complete devastation, how would they rate the recent decline in the bond market?

The answer = 8

Again, we stress to you that a 0.7% increase in long-term interest rates created untold havoc throughout the bond world. Imagine what would happen if long-term interest rates increased by 1% or 3%, or even 6%? The short answer is a surging USD and a surging stock market. The long end of the bond market is now broken and the 30 year bull market in long duration, fixed income is over, kaput, done.


There are 3 kinds of inflation:

1. inflation caused by an increase in demand for certain things
2. inflation caused by a decrease in supplies of certain things
3. inflation caused by a currency moving sharply
Instead, the surging USD will actually create deflation in the US
A strong USD is negative for global growth, which means less demand for global goods and global services. The United States will not be immune and their exports will be affected – which is deflationary. As well, a strong USD makes foreign goods/services cheaper for people who own USD – this is also deflationary.

IceCap Asset Management On Investing Through The Eyes Of An Ostrich | Zero Hedge

12/26 Bail-in coming for 40,000 junior bondholders of Monte dei Paschi – Mish This will murder confidence in banks.
12/26 Koos Jansen: China’s gold market means to internationalize its currency – GATA The Yuan is crashing and it will be difficult to "internationalize" it.
12/26 Chinese themselves prefer U.S. dollar over yuan – GATA
12/23 Chinese money moving to US commercial property – CNBC


It isn't just American sovereign debt that is in trouble. https://www.armstrongeconomics.com/w...e-24-counties/
We are starting into a default cycle of public debt. https://armstrongeconomics-wp.s3.ama...s-Wave-86D.jpg
It is an 86 year cycle so, living investors have no personal recollection that GOV ALWAYS eventually defaults. The bond market will eat up everything eventually.
https://matasii.com/key-focus-a-brok...ounce-beckons/

AIJ
Dec 26, 2016 - 2:45pm

News from the family Christmas party.

Since the PM bull market start in 2000 I have not seen such utter disdain of gold in my clan. Everything seems wonderful. I never even mentioned gold or silver but they brought up how horrible of an investment it is even though the annual return is not far off from the stock markets annual return and the % return of the PM's since 2000 far exceeds the stock markets. I tell them Bitcoin's annual return this year was a hundred percent and they just stare at me in wonderment; "what's a Bitcoin"?

Truly amazingly ignorant.

I have totally given up ever trying to Enlighten them; I just smile and go my way.

streber
Dec 26, 2016 - 4:35pm

Best Year-in-Review I've read...so far...

Chris Martenson & David Collum, transcribed so one can slowly go thru it.
===

I came of economic age in the 70s by digging and mining at libraries. Newsletter writers, FEE, Ludwig Von Mises.
I also spent 3 years working S Central LA and nearby areas as an LA County Sheriff's Dep. (Main gig was LAX based airline pilot.)
I saw close up the devastation Liberalism & free shlt inflicted on black people. Plenty of good ones in those areas but they can never escape. Govt & union public school monopoly is one big reason. Rampant thuggery another... (Put Rodrigo Duterte's police there for one month and crime would be reduced 95%)

(side note on LA County schools: Nearly ruined my two oldest sons. I kissed the ring of the local Catholic church, palmed the head nun $500, and got them into Catholic school.)

Late 70s, Iranians were there (cheap) but within a year they were prospering in Orange County. My DiL landed there as a political refugee from Guatemala with her sister. They were out in ~ a year.

Flying off on a rant, so, back to the interview mentioned above:
This has been the most unreal year I have ever witnessed. Gollum & Chris analyze it well.

The shlt show now is being propped up by lies and only continues floundering along because it is enabled by the Federal Rsv (not federal, has no reserves). The "system" has cancer and the MFER's at the top know it.
Gata go now...

https://www.peakprosperity.com/podcast/104972/david-collum-weve-got-recession-coming?utm_source=dlvr.it&utm_medium=facebook

Dirt_Reynolds
Dec 26, 2016 - 6:11pm

Freudian?

Quote:
Gollum & Chris analyze it well.

I do like David's YIR's very much.

#keepstacking

Dyna mo hum Angry Chef
Dec 26, 2016 - 6:37pm

RUSSIAN TU-154 VERY POOR SAFETY RECORD..

I wonder who they stole the design from... looks like one of ours from long ago.. https://www.rte.ie/news/2016/1225/841205-tu-154-record/

JQuest
Dec 26, 2016 - 7:51pm
trx16
Dec 26, 2016 - 8:06pm

Hoarding USD Abroad.

On vacation with the family in beautiful Cancun, Mexico. I went to exchange some USD for some peso's got stiffed a little bit at the hotel but the exchange for USD for MXN was not an issue. .exchanging MXN to USD a problem at the local resorts and casino. Just a Turdite away from home seeing how the POSX works abroad.

billhilly
Dec 26, 2016 - 11:41pm

@marchas...

I am not sure what you are asking...the "person" is a dummy and the scene was made to look like a real person was hanging there after an accident. It is the response from people who see the scene that is the fun/troubling part.

infometron
Dec 27, 2016 - 12:01am

@billhilly

So... I can't help but wonder, what do you do for halloween?

goldfanbrad billhilly
Dec 27, 2016 - 1:08am

Billhilly, Request for pictures

Billhilly, I'm assuming Marchas like me can't see a picture in your post. When I click on the symbol in your post it takes me to a signup for outlook page. So I can't see what you have on your roof.

renozep billhilly
Dec 27, 2016 - 1:49am

@Billhilly

Is this your Buddhist sense of humor expressing itself?

Lemming
Dec 27, 2016 - 1:49am

Wild Willie

For those of you who have impatiently waited for a dose of Christmas Jackass.

12/26/16: Jim Willie, 2017 Economic Outlook

https://www.trunews.com/listen

1:07:45

AlienEyes
Dec 27, 2016 - 2:38am

trx16

Do they still have a $50 limit on changing dollars to pesos at one time ?

BillD
Dec 27, 2016 - 6:42am

SURPRISE

Gold and Silver rally... 1143.10, up 9.60 and 15.95, up .22 ... lol

(gold hod of 1148.40)

simjojim
Dec 27, 2016 - 7:24am

Gold/Silver and family

I have stated my piece in relation to where we are headed (debt) to my family etc. I gave up a few years ago and it didn't worry me. Look, most humans who are interested in finance are interested because they are looking for a quick win. I don't offer a quick win although mining stocks look cheap today :-) My thoughts are if you can swap paper money for real money, do it! It's fairly simple, you are swapping a man made paper note good for a period of time to a store of value preserved for over 5000 years. Every spare paper note in my family gets converted to real money.

s1lverbullet
Dec 27, 2016 - 8:03am

Bitcoin

At 930, wow.

R.P. James s1lverbullet
Dec 27, 2016 - 9:12am

bitcoin

Hi Silverbullet,

you will say 'wow' at 10,000, 100,000, 1 million. We are still very early, but once we hit gold parity, mainstream will talk about it some more and it will keep going up ;-)

billhilly
Dec 27, 2016 - 9:20am

trying again...

...for those who the picture didn't come through;

Orange
Dec 27, 2016 - 9:29am

billhilly

Hilarious, but I can see why you needed to take it down.

Revelation21.21
Dec 27, 2016 - 9:57am

True 2000 yrs ago, true today

Proverbs 28:28 (msg )

When corruption takes over

good people go underground,

but when the crooks are thrown out

it's safe to come out..

When can we come out????

AIJ
Dec 27, 2016 - 10:02am

Jim Sinclair / Santa / Not a BTC Fan...

"Posted December 22nd, 2016 at 1:07 PM (CST) by Jim Sinclair & filed under Jim's Mailbox.

Dear G,

Bitcoin is a virtual game that is being made look better than gold or silver, to sell the concept of a world wide virtual currency.

It should change its name to “Nintendo Virtual Foolishness,” as it’s purpose is to win the hearts and minds of a public.

After that to construct a “Dollar Index Bit Coin” backed by tickets to Mars from Space Inc. with a picture of Elon Musk.

There is no computer game that can not be hacked, and there never will be.

Regards,

Jim"

-----------------------------------------------------------------------------------------------------------------------------

He couldn't be more wrong. We have a virtual world currency, it's called the US Federal Reserve "virtual" note.

That's ok Jim, I used to feel the same way...until I studied what it was.....and put away my prejudice..

canary
Dec 27, 2016 - 10:22am

The NY traders at work

Even the junior ones are well trained how to deal with gold....The S&P is the place to go.

Edit...DOW must be above 20,000 this year. Only four days left to do the magic....My wee doggies seem to know it by now.

AIJ
Dec 27, 2016 - 10:27am
canary
Dec 27, 2016 - 10:51am

@AIJ....Looking at the bitcoin balloon going up, up and up...

What happens to the balloon at high elevations?

Same for the S&P

AIJ canary
Dec 27, 2016 - 10:58am

Canary

Only 15 million available right now.

How many shares of the S&P are available? Alot

How many "naked" shares? Infinite

How much derivative exposure for BTC? NONE

Apples to Oranges. It's better compare BTC to Gold and Silver. ( but without the derivative exposure )

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