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| Andy Hoffman - Miles Franklin |
China Rating Agency Downgrades U.S. Debt |
While U.S. government and Federal Reserve officials continue to pretend as if all is well in the economy, apparently a rather important counter-party doesn’t share the same view.
A few weeks ago there was a story about how the Chinese government is considering reducing its allocation of U.S. treasuries. Now, one of the Chinese rating agencies (Dagong Global Credit Rating) has gone ahead and downgraded the U.S. credit rating.
Based on the financials, it’s hardly a surprise to see the U.S. get dowTuesday, February 20, 2018 |
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| Andy Hoffman - Miles Franklin |
Budget Issues Return To Spotlight As Next Debt Ceiling Circus Looms |
Judging by the fact that you’re reading this, at some point you have probably been concerned about the financial condition of United States government.
The publicly stated debt is now over $20 trillion, while Boston University economist Laurence Kotlikoff pegs the cost of unfunded liabilities at over $222 trillion! Not exactly ideal in an $18 trillion economy. And if there’s an accountant out there who can explain how it’s even feasibly possible that the debt could ever be repaid without defaultWednesday, February 14, 2018 |
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| Mark O'Byrne - gold.ie |
Gold and Silver Bullion Are Only “Safe Investments Left” – Stockman |
– Gold is the “ultimate and only real money” – Former Reagan White House Budget Director David Stockman – Trump tax cuts will lead to a ‘fiscal calamity of biblical proportions’
– China downgrades U.S. over political ‘deficiencies’– Expect a ‘huge reset in the bond market’ and a ‘massive drop in household wealth’– ‘People will flee the stock and bond markets in favour of gold and silver
– Time to buy (gold and silver bullion) is ideal– “Only safe asset left is gold”
Editor: Mark O’Byrne
‘There Thursday, January 18, 2018 |
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| Sprott Money |
Portrait Of A Stock Bubble - Dave Kranzler |
Just like the Dutch Tulip Bulb bubble, internet stock bubble, and the
mid-2000’s financial asset bubble, the current stock market is no
longer a price-discovery mechanism. It has deteriorated into a venue
in which Central Bank-manufctured liquidity – in the form of printed
currency and credit creation – has flooded into the system, enabling
investors to chase the few stocks rising in price at the highest
velocity (click to enlarge, graph on the left sourced from
Jesse’s Cafe AmericaiFriday, June 9, 2017 |
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| Adam Hamilton - Zealllc |
Silver Short-Squeeze Potential |
Silver has suffered a lackluster year so far, really lagging gold’s
upleg. Sentiment is still reeling following silver’s crushing
selloff from mid-April to mid-May. But that plunge was largely
driven by extreme silver-futures selling by speculators, including a
blistering spike in short selling. The resulting excessive shorts
have left silver with excellent near-term potential for a short
squeeze, which would catapult it rapidly higher.
Technically, silver ultimFriday, June 2, 2017 |
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| Julian D. W. Phillips - Gold Forecaster |
Gold and Silver Market Morning: April 4 2017 - Gold rising above resistance, which is now support! |
Gold Today–New York closed at $1,253.20 yesterday after closing at$1,247.30Friday.London opened at $1,258.20 today.Overall the dollar was stronger against global currencies early today. Before London’s opening: -The $: € was stronger at $1.0657 after yesterday’s$1.0670: €1.-The Dollar index was stronger at 100.61 after yesterday’s 100.48.-The Yen was stronger at 110.47 after yesterday’s 111.34:$1. -The Yuan was unchanged at 6.8836: $1. -The Pound Sterling was weaker at $1.2437 after yesterday’s Tuesday, April 4, 2017 |
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| Jim Willie CB - Hat Trick Letter |
Broken Central Banks: 4 Quick Pix |
The Western central bank franchise system is totally broken, totally insolvent, and totally corrupt. It invites the Gold Standard return. The entire financial system is built upon a debt-based monetary system. The debt saturation process has run its full course. The central bank heads have been covering the sovereign debt for the last five years, having rendered their balance sheets as ruined. Debt is at obscene levels, like $19.7 trillion for the USGovt. No debt limits are in place anymore, a sThursday, October 27, 2016 |
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| 24hGold - Publicnow |
TITLE ONEOK Partners Announces Higher Second-quarter 2016 Financial Results |
ONEOK Partners Announces Higher Second-quarter 2016 Financial ResultsNatural Gas and Natural Gas Liquids Volumes Continue to Increase Quarter Over Quarter
TULSA, Okla., Aug. 2, 2016 /PRNewswire/ -- ONEOK Partners, L.P. (NYSE: OKS) today announced second-quarter 2016 financial results.
SUMMARY
Second-quarter 2016 net income attributable to ONEOK Partners and adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) increased 25 and 18 percent, respectively,Tuesday, August 2, 2016 |
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| 24hGold - Publicnow |
TITLE ONEOK Announces Higher Second-quarter 2016 Financial Results |
ONEOK Announces Higher Second-quarter 2016 Financial ResultsNatural Gas and Natural Gas Liquids Volumes Continue to Increase Quarter Over Quarter
TULSA, Okla., Aug. 2, 2016 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced second-quarter 2016 financial results.
SUMMARY
Second-quarter 2016 net income attributable to ONEOK increased 12 percent and adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) increased 17 percent compared with the second quTuesday, August 2, 2016 |
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| 24hGold - Publicnow |
Westmoreland Reports Second Quarter 2016 Results; Reiterates Full-Year Guidance |
View or download this news release as a PDF (181.6K)
Englewood, CO - August 2, 2016 - Westmoreland Coal Company (NasdaqGM:WLB) today reported financial results for the second quarter and reaffirmed its full-year 2016 guidance.
Second Quarter Highlights
Revenues of $356.2 million from 12.0 million tons sold
Net loss applicable to common shareholders of $25.4 million, or $1.37 per diluted share
Adjusted EBITDA of $43.6 million
Six Month Highlights
Revenues of $711.0 million from 2Tuesday, August 2, 2016 |
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| 24hGold - Publicnow |
Taseko Reports Second Quarter 2016 Results |
This release should be read with the Company's Financial Statements and Management Discussion & Analysis ('MD&A'), available at www.tasekomines.com and filed on www.sedar.com. Except where otherwise noted, all currency amounts are stated in Canadian dollars. Taseko's 75% owned Gibraltar Mine is located north of the City of Williams Lake in south-central British Columbia. Production volumes stated in this release are on a 100% basis unless otherwise indicated.
July 26, 2016, Vancouver, BC -Tuesday, July 26, 2016 |
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| Mish - Global Economic Analysis |
Erdogan Declares Emergency in Which He Can Rule by Decree, Tells France “Mind Your Own Business”, SP to Shut Up |
Erdogan’s move towards dictatorial powers is nearly complete with a State of Emergency Declaration that will allow him to rule by decree.
Turkish President Recep Tayyip Erdogan announced three months of emergency rule late on Wednesday, saying the country remained under threat even as his government has arrested, detained or suspended almost 60,000 people it suspects of complicity in Friday’s failed coup.
“The declaration of a state of emergency is to protect [democratic] values,” Mr Erdogan sThursday, July 21, 2016 |
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| Mark O'Byrne - gold.ie |
Buy Silver – “Best Precious Metals Trade” |
“Buy silver, sell gold” is the bold call of currency and money analyst Dominic Frisby in the latest edition of best selling Money Week.Frisby looks at the relative value of silver to gold and comes to the conclusion that silver is a better buy right now. We share his bullish view on silver and hence our current campaign regarding VAT free silver coins.From the article:“Today we consider gold and silver.We suggest that you should buy one and sell the other.We then advise walking away for a coupleFriday, May 20, 2016 |
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| 24hGold - Publicnow |
Natural Resource Partners L.P. Announces 2016 First Quarter Results |
HOUSTON, May 6, 2016 /PRNewswire/ -- Natural Resource Partners L.P. (NYSE:NRP) today reported net income attributable to the limited partners for the three months ended March 31, 2016 of $23.0 million, or $1.88 per unit, compared with net income attributable to the limited partners of $17.1 million, or $1.40 per unit, a year earlier. Results for the three months ended March 31, 2016 were positively impacted by gains on sale of assets of $21.5 million attributable to the limited partners and negaFriday, May 6, 2016 |
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| 24hGold - Publicnow |
TITLE ONEOK Partners Announces First-quarter 2016 Financial Results |
ONEOK Partners Announces First-quarter 2016 Financial ResultsNatural Gas and Natural Gas Liquids Volumes Continue to Increase; Adjusted EBITDA Rises by Nearly 40 Percent in First Quarter
TULSA, Okla., May 3, 2016 /PRNewswire/ -- ONEOK Partners, L.P. (NYSE: OKS) today announced first-quarter 2016 financial results.
SUMMARY
First-quarter 2016 distribution coverage ratio of 1.06 times;
The natural gas gathering and processing segment's average fee rate increased to 68 cents in the first qTuesday, May 3, 2016 |
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| 24hGold - Publicnow |
TITLE ONEOK Announces First-quarter 2016 Financial Results |
ONEOK Announces First-quarter 2016 Financial ResultsNatural Gas and Natural Gas Liquids Volumes Continue to Increase; Adjusted EBITDA Rises by Nearly 40 Percent in First Quarter
TULSA, Okla., May 3, 2016 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced first-quarter 2016 financial results.
SUMMARY
First-quarter 2016 dividend coverage ratio of more than 1.3 times;
First-quarter 2016 adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) increaseTuesday, May 3, 2016 |
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| 24hGold - Publicnow |
Black Hills Corp. Reports First Quarter 2016 Results |
SourceGas acquisition closed Feb. 12
Adjusted EPS of $1.23, a 14 percent increase compared to prior-year period
Partial interest in Colorado IPP sold April 14 for $215 million
Earnings guidance for 2016 and 2017 reaffirmed
RAPID CITY, S.D., May 03, 2016 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced first-quarter 2016 financial results. Net income, as adjusted, was $64 million, or $1.23 per diluted share compared to net income, as adjusted, of $48 million, or $1.08 perTuesday, May 3, 2016 |
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| 24hGold - Publicnow |
American Equity Reports First Quarter 2016 Results |
Company Highlights
First quarter 2016 net loss of $44.8 million or $0.55 per diluted common share
First quarter 2016 operating incomeof $21.0 million or $0.25 per diluted common share
DAC unlocking in first quarter 2016 increased the net loss by $28.4 million or $0.35 per diluted common share and reduced operating incomeby $28.6 million or $0.35 per diluted common share
First quarter 2016 annuity sales of $2.1 billion, up 59% from first quarter 2015
Policyholder funds under managementWednesday, April 27, 2016 |
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| Jesse - Le Cafe Américain |
Fed: JP Morgan Poses a 'Serious Adverse Effect To US Financial Stability' While Media Ignores |
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.”
Upton Sinclair
And these days it is not always so obviously a question of salary. But it is often a question of access to the powerful, and the great favors, money, and privileges that they may grant as a reward.
There has been no meaningful and sufficient financial reform in the US, thanks in large part to the money power of the Banks and their faithful courtiers in the professional Friday, April 15, 2016 |
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| Jesse - Le Cafe Américain |
Fed Says That JP Morgan Poses 'Serious Adverse Effect To US Financial Stability' While Media Ignores |
There has been no meaningful and sufficient financial reform in the US, thanks in large part to the money power of the Banks and their faithful courtiers in the professional and political classes.
As JPM showed in their most recent financials, they are prospering once again while risking the rest of the US economy by their pursuit of greed and socialization of their losses.
On a personal note, I suspect that if there are any updates posted later they will be a brief show of the charts. I am Friday, April 15, 2016 |
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