I sincerely wish all of our members, clients, Twitter followers and Facebook Friends nothing but the best for you and yours during this holiday season! Â No matter what happened in 2011, remember that life is a gift, any rewards are icing and any difficulties, with rare exception, are the cost of admission.
Please be safe and don’t forget to lend a helping hand to those that may be a little down on their luck. Â Giving truly is the greatest gift of all.
Regards,
George and the AGORACOM Team
8:05 AM EST … We will post an update for all of you as soon as one is available. Sorry for the inconvenience
I am growing ever more concerned that trust in financial institutions is eroding. Trust, after all, is what allows you to keep your money, gold, silver and other assets stored with various financial institutions (banks, brokerages, etc.). Once that trust is gone, the repercussions go far beyond hurt feelings.
Given the recent MF Global collapse, followed by this story in Bloomberg in which we can’t figure out who actually owns gold and silver bars (with great analysis from ZeroHedge), I feel it is necessary to post the video clip below for everyone’s benefit.
“Too Fast To Stop” – Hank Paulson On What Happens When A Bank Run Results From Terrified Depositors (You) Who Start Withdrawing All Of Their Cash. Take 1min 12secs out of your life and watch this video clip from Too Big To Fail in which Treasury Secretary Paulson explains to his wife how fast it might all collapse
(CBS News) Two whistleblowers offer a rare window into the root causes of the subprime mortgage meltdown. Eileen Foster, a former senior executive at Countrywide Financial, and Richard Bowen, a former vice president at Citigroup, tell Steve Kroft the companies ignored their repeated warnings about defective, even fraudulent mortgages. The result, experts say, was a cascading wave of mortgage defaults for which virtually no high-ranking Wall Street executives have been prosecuted.
I blankly stared at my keyboard thinking of ways to succinctly articulate my thoughts on this matter for 10 minutes. I couldn’t do it. Not without embarking on a 1,000 word rant.
All I can say is that Wall Street will burn. That isn’t anger. It isn’t vengeance. It is simply the clear path upon which Wall Street has set itself upon.
The full 60 Minutes page on this story can be found here.
The full 60 Minutes video can be found in the two clips below.
This is pretty straight forward but powerful information when it comes to ranking the relative strength of global government bonds. Â Click on the chart to be taken to the full article at Bespoke
AGORACOM WIRE – WEEKEND EDITION
SKYPE INTERVIEW WITH UC RESOURCES, GARY MONAGHAN: UC Announces Sales Of Its McFaulds Lake Interest For $CDN 6,000,000 To Cliffs Natural Resources Subsidiary Watch Video
SKYPE INTERVIEW WITH MCLAREN RESOURCES – Options Interest In 2nd Past Producing Gold Mine In Timmins Watch Video
EMBRY SAYS SILVER TO $70 WITHIN MONTHS Â … Full Story
AGORACOM WELCOMES Mistango River Resources
TAKE A MOMENT TO DISCOVER OUR SPONSORS – THEY ARE GREAT!
Link to HUB /Â Website /Â Stock Quotes
UC Resources Ltd. (TSX VENTURE:UC)Â announced that it has entered into a definitive agreement with Freewest Resources Inc., a wholly owned subsidiary of Cliffs Natural Resources Inc. , for Freewest to acquire 100% of the UC owned 55% Joint Venture Interest in the McFaulds Lake area property , subject to and in accordance with the Joint Venture Agreement dated as of July 26, 2011 between KWG Resources Inc. , Spider Resources Inc., a wholly owned subsidiary of Cliffs, and UC.
The purchase price payable to UC by Freewest is $6,000,000 CDN, payable by deposit of $850,000 on the signing date followed by the balance on the closing date.
UC Resources Ltd.’s CEO, Gary Monaghan states, “We are pleased with the outcome of this transaction, and believe that McFaulds Lake represents what could be an exceptional play for companies of certain size and ability to fund, drill and exploit this long term resource. The Company values our shareholders and believes, as far as UC is concerned, our focus is best directed in Mexico. Full time concentration on the leveraging of the Company’s major assets in Mexico will be the best possible course of action for the Company to take in these markets.â€
No matter what your politics or position on war, we all agree that soldiers and their families put themselves in the line of fire and sometimes make the ultimate sacrifice to protect us.
Today, Remember Them. Thank Them. Honor Them.
Lest We Forget.
AGORACOM WIRE – THURSDAY, NOVEMBER 10TH, 2011
BREAKING: UC Announces Sales Of Its McFaulds Lake Interest For $CDN 6,000,000 To Cliffs Natural Resources Subsidiary Full Story
CEO GARY MONAGHAN: Our focus is best directed in Mexico. Full time concentration on the leveraging of the Company’s major assets in Mexico will be the best possible course of action for the Company to take in these markets
AGORACOM Welcomes Mistango River Resources
EMBRY SAYS SILVER TO $70 WITHIN MONTHS Â … Full Story
PROSPECTING JOURNAL: Adamus Resources + Endeavour Mining = Perfect Synergy Read More
RARE EARTH ELEMENTS: Future Supply Of Rare Earth Elements Could Be Disrupted, Says Geological Society Of London Read More
McLaren Resouces (CNSX:MCL) Options Exploration Property and Former Producer Adjacent to Hollinger and McIntyre Mines in Timmins*client Full Story
McLaren Resources SKYPE Interview
TAKE A MOMENT TO DISCOVER OUR SPONSORS – THEY ARE GREAT!
Link to HUB /Â Website /Â Stock Quotes
AGORACOM WIRE – THURSDAY, NOVEMBER 3rd
8:00 AM EST …
CHINA’S RICH LOVE CANADA … Canada Booms As #2 Destination For Emmigrating Chinese Millionaires … And Growing  Full Story
JIM ROGERS SHOWS QE3 HAS ALREADY STARTED … Every Banker Is Rigging The Game Why Not The Fed? Must See Video and Story
WHY GREEK REFERENDUM MOVE IS BRILLIANT … Greek Prime Minister Papandreou Is Now In A No Lose Position Full Story
NO TIME FOR TWITTER? TSX Venture Tweets Summarizes The Best Tweets From Participating TSX Venture Companies. Check It Out
RUMOURS GONE WILD … Euro Runs Up and Down On Rumours / Refutes Of Greek PM Resignation, Confidence Votes, You Name It.
TAKE A MOMENT TO DISCOVER OUR SPONSORS – THEY ARE GREAT!
Link to HUB /Â Website /Â Stock Quotes