Great video by Peter Schiff who is always worth watching when he speaks. He accidentally states “November 2nd” as opposed to September 2nd at the outset – but unless he grabbed a flux capacitor from Michael J Fox and taped this Back In The Future, you can bet this is recent and hot off the press.
In addition to gold, he’s got some great commentary about US Treasuries, PIMCO and the US economy as a whole.
Regards,
George
ZeroHedge readers seem to be in unanimous agreement with my above noted comment (22 – 0) regarding this report that Obama and the Feds are about to open up a can of whoop-ass on the banks:
To be clear, despite the fact I’m conservative in both my economics and politics, I was a supporter of Obama on the hope he could restore some humanity to the political process after “W” and his crew drove the world to the brink.
Unfortunately, Obama’s failure to go after big banks and Day 1 (when he was in their pocket) … only to turn on them now in a desperate attempt to save his Presidency, serves to prove that people have virtually no hope of having any politicians serve in their best interest …. and that some kind of revolution will take place within my lifetime as people get used and pushed to the brink.
My disappointment will only be subdued by what another reader said best:
So it’s come down to cannibalization among the government and banking elites.
Let the games begin … the next 14 months are going to be wild.
Regards,
George
I’m happy to present our latest installment of AGORACOM Via Satellite, a production in which we speak to management of small-cap companies that have just released important news to further discuss their developments for the benefit of shareholders and prospective investors.
The company we are talking with today is Donner Metals  (DON:TSXV) ( HUB) ( WEBSITE ) and our guest is Dave Patterson, Chairman of Donner Metals.  Given the number of times Patterson has appeared via video on AGORACOM over the last 18 months, It’s hard to argue with the fact that he is amongst the best small-cap executives when it comes to giving his shareholders and prospective investors in-depth corporate updates
DISCUSSING RECENT FINANCING, MINE STATUS, BASE METALS PRICES AND DWINDLING ZINC MINES
This summer has provided extreme macro volatility stemming primarily from sovereign debt issues in both Europe and the USA. Â As a result, small-cap companies across the board have taken a hit to their share prices as investors fled to safety, including cash. Â Donner has been no exception but Dave is here to set the record straight and let the market know that a recently completed financing has the company on schedule to be in production by Q1 2013 along with partner, Xstrata Zinc. Â Patterson believes the timing could not be better, as many major zinc mines will be coming off-line in and around the time Donner / Xstrata commence production.
If you believe in the future of base metals and their inevitable demand out of developing countries, then you should be continually conducting DD to find the next great small-cap base metals company. This Skype interview will go a long way towards beginning your DD on Donner Metals. So whether you’re a shareholder or prospective shareholder, grab your coffee, sit back and hit play.
Finally, as I have said all along, anytime an officer of a small-cap public company is willing to make himself available for a video interview about his company (let alone multiple interviews provided by Patterson), it sends me a strong signal about his confidence and outlook. After all, this is Web 2.0 and Skype interviews posted on blogs, forums and YouTube don’t go away.
* DISCLOSURE – Donner Metals is not a client of AGORACOM; AGORACOM has not received any payment for this interview; Neither AGORACOM nor its principals own shares in Donner Metals … but I am personally considering making long-term purchases.
CLICK THE IMAGE TO BE TAKEN TO THE INTERVIEW
The following story / poll is running on CNBC today … pretty self-explanatory so I will save my own commentary and would like to see you chime in with your comments below … but my Gold $2,000 blog posts (115) are looking sweeter by the day
My position on QE3 hasn’t changed since I made my March 30th call that QE3 would be delayed … but would inevitably come. Â A few hours ago, I received yet another boost of support from Nouriel Roubini, via CNBC, who stated:
“The reality is we’re heading toward recession, and one of the few policy bullets [the Federal Reserve] has left is monetary policy or QE3.”
As a result, Roubini also believes today’s upcoming Jackson Hole summit is irrelevant. QE3 is coming.
Watch the video below for his full details.
If you don’t know who David Rosenberg is, you should start by watching the enclosed video. Â For those of you who know David, he’s been pretty consistent of assessing the state of US and global economic affairs over the past 5 years
Courtesy of Barry Ritholtz
I continue my 2009 bearish call on US real estate for all the same reasons … and I see nothing to even begin changing my mind. Â The best Americans can hope for is a base at current levels … but my call is that US real estate is going to get worse.
If for no other reason, consider the fact that US real estate prices have failed to move higher despite US Federal Reserve ZIRP (zero interest rate policy), which we now know will continue into 2013. Â God help homeowners if the bond markets decide to take matters into their own hands and demand higher rates, or if the Chinese decide enough is enough.
In the meantime, have a look at the following graph illustrating US home inventories, courtesy of the good people over at Calculated Risk … Â Despite the fact that home inventories are actually lower to the tune of 8.9% over last year, the months of supply is moving higher due to a slower sales pace. That kind of divergence can only be described as bad … very bad.
MCL:CNSX
Company Highlights
The Blue Quartz Property is located in the Beatty Township (Ontario) 73km East of Timmins. Access to the property is excellent as a gravel road from Highway # 101 runs directly through the property. Situated on the Abitibi Greenstone Belt, The Blue Quartz property is surrounded by numerous past and presently productive gold mines. Most notably the Black Fox mine (Brigus Gold), the Hislop mine (St Andrews Goldfields) and the Ross mine. The Blue Quartz Property is 43-101 Compliant.
Recent Acquisition
The company has recently acquired a 100% interest in 8 contiguous mining claims totalling 240 hectares located directly west of the Blue Quartz Property in East Timmins Ontario. The additional claims more than double McLaren’s current strike length on the Blue Quartz Property.
History
Gold was first discovered on the property in 1907. The Blue Quartz mine was reported to have been produced in the 1920s and 30s from underground mining operations from the 514-foot deep mine shaft, including 6000 feet of crosscutting and drifting, over half of which was on the 500 foot level and lateral workings, to a depth of 740 foot level. Recent drilling programs in 2010/2011 confirm a strong potential for discovery on the property.
Blue Quartz Property Geology
The Blue Quartz Property Straddles both the Pipestone Fault as well as a subsidiary sub-parrallel fault, the Painkiller Fault. The rocks along the trace of these two faults have been silicified and are anomalous in gold. Bedrock mapped on the project area is Early Precambrian belonging to the Abitibi Greenstone Belt.
IR Hub / Discussion Forum / Company Profile
12 Month Stock Chart
As you all know very well by now, I love to share data pertaining to our accomplishments.  Why? Talk is cheap and data is the only way to differentiate who is actually getting the job done in the world of online investor relations.
Despite what all the “Johnny Come Lately IR Experts“ have been telling you as of late, AGORACOM has been proving to small-cap CEO’s for years that online investor relations is the key to attracting the widest possible audience of investors.
ONLINE INVESTOR RELATIONS PLATFORM IS BEST FOR SMALL-CAP INVESTOR RELATIONS
Moreover, we’ve been pounding the table on the fact that a unified small-cap investor relations platform such as AGORACOM is a cheaper, faster and easier way to achieve that goal.  We simply don’t agree that solo social media efforts are sufficient because individual small-cap companies simply don’t push out enough content and information to attract a meaningful audience and presence.
To this end, AGORACOM has been working hard at casting the widest net possible via our own site, sister sites, social media and small-cap videos.  That effort is paying big dividends in terms of driving traffic into our network.
THE PROOF IS IN THE PUDDING – 503,420 INVESTORS IN 2011 … AND COUNTING
Here is the irrefutable visitor data (independently tracked by Google Analytics), as well as, the list of Top 10 countries … and here is how you contact us to discuss your online investor relations needs.
To put this success into further perspective, this traffic does not include data from our social media sites (Twitter, YouTube and Facebook) which are enjoying their own success per our January 5, 2011 post. Â Look for an update on these in the coming week.
Regards,
George Tsiolis, Founder
AGORACOM WIRE – MONDAY AUGUST 15, 2011
TOP STORY … OMAGINE 10Q AFTER HOURS FRIDAY REVEALS …
“His Majesty The Sultantan of Oman Is A 25% Owner Of Omagine LLC … We Believe The Final Development Agreement Will Be Signed By September 15, 2011”  Full Release
*** OMAG Is A Client … We Own Shares and Options …Â Go To OMAG HUB
$2,000 GOLD – Bank Of America Makes The Call …Â Full Story
NIXON FROM THE GRAVE … Today Is The 40th Anniversary Of Nixon Removing $USD From The Gold Standard … Not A Celebration … The Case For $USD Demise … Watch Video
GOLD FOR CASH FOR MORE GOLD : Junior Gold Producers Rising to the OccasionVia Prospecting Journal Full Story
VIDEO: BLACK BOX TRADING: Want To Trade Against Black Boxes … AKA Algorithmic Trading … AKA Skynet? 1 Second Of Trades Stretched To 1 Minute
HOW GEORGE SWING TRADES: See How George Traded 2 Positions In Avalon Ventures Between Wed – Friday AGORACOM Twitter
VIDEO: US REAL ESTATE STILL DOOMED – In Case You Didn’t Believe Geore’s OCT/09 Prediction – Which Has Come True – Here Is More Support From Barry Ritholtz In AUG/11Â Watch Video