Gold has traded between $1,125 and $1,137 so far today…as of 10:15 am Pacific, bullion is flat at $1,134…Silver has added 7 cents to $14.66…Copper has slipped a penny to $2.33…Crude Oil, after a powerful rebound last week, is up another $2.67 a barrel to $47.89 while the U.S. Dollar Index is flat at 96.00 (resistance)…
Funds backed by Gold saw the biggest inflows of assets in 7 months last week…
Barclays says weakness in the currencies of many key Gold-producing nations, such as Canada, Australia and South Africa, lessens the likelihood of cuts in Gold production over the next 12 months…however, according to Metals Focus, Gold output will start declining as soon as next year and production will plunge 18% by the end of the decade…global mine output surged 24% in a decade to a record 3,114 metric tons in 2014, as companies dug more to exploit a 12-year bull market in prices…
Oil Prices Reverse Higher This Morning
Oil prices began the day lower, retreating modestly from last week’s sharp gains, but reversed higher on a couple of developments this morning as data showed lower U.S. Crude output while OPEC finally signaled concern about falling prices…the U.S. Energy Information Administration reported monthly production data showing a fall in production to 9.296 million barrels per day (bpd) in June from 9.4 million bpd in May and a peak of 9.6 million bpd in April…meanwhile, in an OPEC publication issued this morning, the group said it’s “concerned” by the drop in Oil prices and ready to talk to other producers…
Wishful Thinking? Fed Keeps Saying Inflation Will “Move Higher”
“There is good reason to believe that inflation will move higher as the forces holding inflation down – Oil prices and import prices, particularly, dissipate further,” Fed Vice Chairman Stanley Fischer commented Saturday in a speech at the annual Jackson Hole Conference in Wyoming…the only way the downward pressure on import prices will dissipate (over time given the “lag” effect), however, is if the U.S. dollar weakens substantially over the coming months…Fischer also stated, “We should not wait until inflation is back to 2% to begin tightening”…however, that was in the context of the Fed having confidence that inflation is indeed trending higher…evidence for that is weak at the moment…
Wall Street Journal ace reporter Jon Hilsenrath observed in an article last night (“Fed Appears To Hold Line On Rate Plan“), “Inside the Fed, advocates for holding off a rate boost beyond this year aren’t getting much traction. In Jackson Hole, Minneapolis Fed President Narayana Kocherlakota was an isolated voice among officials for sustaining near-zero interest rates. He has lost his share of battles over policy, including the decision last October to end the Fed’s bond-buying program. ‘I’ve won some and lost some. I wish I had done a better job. I think we’d be better positioned policy-wise if I had done a better job of being persuasive,'” he said in an interview.
Goldman Sachs Slashes Growth Estimates For China
Goldman Sachs has slashed its forecasts for China’s growth over the next 3 years amid broadening pessimism over the health of the world’s 2nd-largest economy…the bank today marked down its 2016, 2017 and 2018 projections to 6.4%, 6.1% and 5.8%, respectively from 6.7%, 6.5%, and 6.2%, previously…the government is targeting growth of around 7% this year…the more gloomy assessment by Goldman is the latest setback for China which has had a tumultuous few weeks…
China’s Dangerous Plan “B”
What is really going on in China, and do authorities there know how to effectively handle structural issues with their economy and financial markets?…the Financial Times reported today that the communist government will “abandon its intervention” in its stock market, as officials acknowledged the efforts were not working as planned…so what’s Plan B?…even worse…apparently Beijing may now switch its focus from intervention to stopping those it believes are “destabilizing the market”, the FT report said…suspected state firm buying propped up the market last week, resulting in 2 straight days of 5% rallies…at a time when China wants to enhance its influence and prestige on the global financial stage, this regime is taking actions that run counter to that goal…
Massive Natural Gas Discovery
Italian Oil and gas company Eni SpA said yesterday that it has made a massive natural gas discovery off the coast of Egypt which it’s calling the largest-ever find in the Mediterranean Sea…the gas, estimated at about 30 trillion cubic feet or 5.5 billion barrels of Oil equivalent, is in a field about 80 miles off the Egyptian coast, and is enough to supply the North African country for decades…most of the gas will be used by Egypt, with any excess exported, perhaps using a liquefied natural gas plant that Eni has not far from the field..
Today’s Equity Markets
Asia
The Shanghai Composite pared losses overnight to finish down 25 points or less than 1% at 3207…the index tumbled 12.5% for the month and has now had 3 straight monthly declines…meanwhile, the Nikkei recorded its worst monthly performance since January 2014….Asian currencies remain near multi-year lows, with the yuan having fallen more than 2.5% in August against the U.S. dollar…
Europe
European markets were down modestly this morning…meanwhile, inflation in the euro zone remains muted…consumer prices in the currency bloc were 0.2% higher in August than a year earlier, according to a flash estimate from the EU’s statistics agency today…the rate of inflation was unchanged from June and July…
North America
Volatility continues…the Dow was sank as much as 200 points in early trading but is now off just 51 points as of 10:15 am Pacific…after last week’s big swings across global markets, the Dow finished up 1.1% for the week but is still headed for its worst monthly fall since May 2012 on a percentage basis…the NASDAQ ended up 2.6% last week, recovering from Monday’s plunge, in its biggest intra-week reversal on record…the index is the only major average positive for the year so far…
U.S. economic data this week includes the ISM Manufacturing Index tomorrow, while the last labor market report before the September FOMC meeting will be released on Friday…
Volatility Index (VIX) Updated Chart
What to watch for this week is a potential decline in the VIX below the key 25 level as equity markets face increased risks with the VIX above that point…it closed at 26.41 last Friday…the recent parabolic move in the VIX was either an unusual “one-off” event or the beginning of an extended period of heightened volatility in the markets…
In Toronto, the TSX is off 69 points as of 10:15 am Pacific while the Venture, looking technically healthier than it has in several months, has added 2 points to 558…
Prospectors and Developers Association of Canada (PDAC) head Rod Thomas says that between December 2012 and the end of June this year, there were 155 fewer mining companies listed on the Venture Exchange (too bad there weren’t 500 less)…there have been 93 delistings so far in 2015…
Biroem Inc. (BRM, TSX-V) and Lingo Media (LM, TSX-V) continue to push higher after very positive Q2 financials, showing earnings momentum, last week…
Equitas Resources Corp. (EQT, TSX-V) Update
Volume continues to accelerate in Equitas Resources (EQT, TSX-V) which is up another penny at 13 cents as of 10:15 am Pacific…given the nature of the recent trading, and the growing interest in the upcoming drill program at the Garland Property near the Voisey’s Bay mine, it’s reasonable to speculate that EQT will soon close its recently announced financing and that it could be over-subscribed…
Technically, below is an update of John’s short-term EQT chart last week – the “Perfect Pennant”…this is a classic formation, and what certainly appears to be developing is a breakout above that pennant…
Garibaldi Resources Corp. (GGI, TSX-V) Update
The technicals and fundamentals are coming together at the same time for Garibaldi Resources (GGI, TSX-V) as crews are on the ground at the Grizzly Project in the Sheslay district, finalizing drill targets, while news is also pending from the company’s work in Mexico…
Significantly, this 2.5-year weekly chart shows confirmed breakouts above price and RSI(14) downtrend lines after extreme oversold conditions emerged in July…buy pressure (CMF) has also replaced sell pressure that had been dominant since late April…
This chart is as clear a sign as ever that GGI has turned the corner and could be poised for something big in September and October, particularly as the Grizzly and the Sheslay district grab the spotlight…
GGI is off half a penny at 7.5 cents as of 10:15 am Pacific…
Integra Gold Corp. (ICG, TSX-V) Update
Speaking about “grabbing the spotlight”, that’s exactly what Integra Gold (ICG, TSX-V) will be doing in northwest Quebec through the balance of the year as the company gets really aggressive at its Lamaque Project near Val d’Or, thanks to a recently announced financing with Eldorado Gold (ELD, TSX)…ELD’s $14.6 million investment in ICQ represents a major endorsement of the Lamaque Project and the team behind it…5 rigs are expected to be in operation shortly as the company’s 2015 drill program has been expanded to 90,000 meters…
ICG has been a strong Venture out-performer this year, and that trend should continue based on this 2+ year weekly chart…note the bullish DI cross – the last time this occurred was in late 2014 when ICG started a surge from the mid-teens to a 52-week high of 35.5 cents before retracing (quite normally) to Fib. support over the summer…
ICG is down half a penny at 26.5 cents as of 10:15 am Pacific…
New Gold Inc. (NGD, TSX) Update
Further to our posting last night, we see multiple opportunities among high-quality beaten-down Gold stocks, from explorers to producers…and the long-term trend of Gold stock under-performance vs. bullion is clearly changing…
New Gold (NGD, TSX) has really been clobbered since the beginning of 2012 but has consistently been an attractive trading opportunity, at least, whenever it touches the bottom of the downsloping channel it has been trading in for more than 3 years…likewise, resistance has been at the top of that channel…
Once again, NGD is giving signs of an impending rally after holding important support…it’s up a couple of pennies at $3.02 as of 10:15 am Pacific…
Silver Short-Term Chart
Bears put the bulls on the defensive last week, knocking the metal down to a new multi-year low after it had just posted 4 straight weekly gains…bargain-hunters jumped in at $14…the band of Fib. resistance between $15.30 and $16.60 has proven to be very strong as demonstrated during the latest rally…this helps underscore how the narrative of a slowing global economy has created some significant headwinds for Silver, whereas Gold is faring better at the moment…
The divergence between Silver’s RSI(14) and price on this 9-month daily chart is encouraging, however, so the bears could be put into hibernation over the winter…
Silver Long-Term Chart
An explosive push higher (eventually) – is this actually a scenario that could unfold in Silver over the next couple of years?…quite possibly, given the look of this 34-year monthly chart, though at the moment it’s hard to understand all the factors that could come into play to generate the kind of “Wave 5” move that could develop…
Have we seen the bottom of “Wave 4”?…that’s quite possible, but still too early to tell…encouragingly, RSI(14) has so far managed to hold support which goes back to 2001…
Sell pressure continues to remain very strong, however, as shown by the CMF – amazingly, at levels not seen in nearly 25 years since the low of $3.51…this intense sell pressure at the moment, which started modestly in early 2013, could continue for a while yet…this should be viewed in a larger context as a bullish contrarian indicator given historical patterns…it doesn’t necessarily mean, however, that Silver has found a bottom just yet…
Note: John and Jon both hold share positions in EQT and GGI.
Hi have done some DD regarding where GGI is exactly putting effort on the ground, with the help of Google earth and the last regoci interview wich lead us to think they are working the eastern extention of the pyrrhotite creek bed rock. They have uncovered such as the Southern part of copper creek. Quite a mixure there!
Comment by Martin — August 31, 2015 @ 9:42 am
Wouldn’t it be interesting if Google Earth could do real time and pick up people movement. We could have had it on Goose Bay last Friday.
Comment by dave — August 31, 2015 @ 9:49 am
Ggi gap filled on the daily.
Comment by tony t — August 31, 2015 @ 10:17 am
Question of time Dave.
Comment by Martin — August 31, 2015 @ 10:41 am
Interesting comment on picking up people movement on site with goggle earth. You may be familiar with a company called Urthecast, symbol UR that actually makes that possible. Not 100 percent sure if the technology is in place yet but would be fun to try it
Comment by Roger — August 31, 2015 @ 11:12 am
PGX: wow, from $0.07 to $0.125 (+79%)… someone wanted to be in…!
Comment by Richard_MTL — August 31, 2015 @ 11:16 am
Thanks Roger, maybe one to watch. I heard the Govn. can do it already, thats how they got Bin Laden.
Comment by dave — August 31, 2015 @ 11:38 am
Volume on EQT is insane today.
Comment by Jamie — August 31, 2015 @ 11:42 am
Think are moving Richard, volume picking up in the last passed days in PGX, Garibaldi doing well to, somebody knows somethink!
Comment by Martin — August 31, 2015 @ 11:42 am
Hang on to your hats, all heck is going to break loose.
Comment by Jon - BMR — August 31, 2015 @ 11:52 am
GGI is well, PGX 100% DBV ?????
Comment by Guy Delisle — August 31, 2015 @ 11:55 am
100% gain on PGX
Comment by Martin — August 31, 2015 @ 11:55 am
PGX = some moron just put in a market order… volume is negligible!!
Comment by Jeremy — August 31, 2015 @ 12:01 pm
Hang on to your hats, all heck is going to break loose.
Comment by Jon – BMR — August 31, 2015 @ 11:52 am
Did you hear something Jon?
Comment by Dan — August 31, 2015 @ 12:26 pm
Les,
Since you asked the Q. about PGX a couple of days ago, have you heard anything. Interesting action today.
Comment by bgr — August 31, 2015 @ 12:47 pm
Yes, Dan, several rumors are flying around. We’re checking into a couple that appear credible. The way this is evolving, yes, my gut tells me all heck will break loose in the Sheslay district. For reasons related to BMR, which we’ll elaborate on as we learn more, we’ve been in contact with certain service providers and individuals in the area. Things are going in the right direction.
Comment by Jon - BMR — August 31, 2015 @ 12:53 pm
Thanks Jon. Your hard work and due diligence regarding the Sheslay events are invaluable.
Comment by Dan — August 31, 2015 @ 12:56 pm
That’s what I like to hear!
Comment by Sam — August 31, 2015 @ 12:59 pm
Hi Jon, do those rumors include DBV as well or just GGI/PGX?
Comment by Steve A. — August 31, 2015 @ 1:02 pm
PE – Very positive end of day for Pure Energy today on what started out as a down day. Closed at .55 cents, up .02 cents on 596,000 shares.
My guess is that the preliminary economic assessment could be due soon on what in my estimation was an oversight from management. Someone must be working overtime in order to get this out. Looking forward to the long weekend and really looking forward to trading opening next week. Summer’s over, let the news releases roll out.
Comment by vepper — August 31, 2015 @ 1:31 pm
bgr , obviously somebody knows something about PGX , the spike in price and volume says it all. Lots of rumours but the one with the best sources is Jon for everything in the area . Things may be taking longer than everyone has anticipated but overall Jon’s got a pretty good batting average.
Comment by Les — August 31, 2015 @ 1:49 pm
In my opinion either DBV is in negotiations with Chief Day or Farshad is in the process of obtaining a court injunction to keep Day off the property. In any case it appears things start to happen by next week.
Comment by Les — August 31, 2015 @ 1:58 pm
As per quasar81 post from Stockhouse.
BCN at $2.00 today Market Cap = $170M (no preliminary economic assessment yet, one supply agreement in place)……
PE at .55 cents today Market Cap $26M (no preliminary economic assessment yet, supply agreement soon?)
You do the math …. I like our chances, onward and upward.
Comment by vepper — August 31, 2015 @ 2:02 pm
One more comment for the day . Selling volume has not been that heavy for DBV ,if things we’re going badly the volume would be in the millions . Don’t forget DBV has 25 core samples that says they have the goods and The Chief wants a piece of the pie.
Comment by Les — August 31, 2015 @ 2:10 pm
d4, I think your comment which I have posted below again (hope you don’t mind) was bang on. My question is how much longer can they continue to hold the price down? They certainly don’t have an unlimited number of shares and the volume on EQT must be eating it up very quickly as the average volume over the last 20 days is almost 1.3 million. Thanks for your insight.
“Jas- the PP is at .095 and those in it have a vested intest in seeing it offered at the .095. If the price was now .20 it could cause issues to close it at the prescribed price of .095.
Usually what happens is one of the large brokerages in the PP will sell short then cover with the PP shares and then ride the warrants for free.”
Comment by d4 — August 31, 2015 @ 10:52 am
Comment by Danny — August 31, 2015 @ 2:49 pm
Danny- I think the downward pressure is a combination of a few things:
PP about to close and there is a lid on the stock price -brokerage shorting and will cover with PP shares and / or possible insiders selling to participate in the PP to get the free warrant. We also need to remember that a lot of the selling is normal profit taking as the price just recently doubled so this is normal and very healthy!
Just need to close the PP and get the drill turning then the speculative movement will really start imo.
Comment by D4 — August 31, 2015 @ 3:56 pm
Thanks D4, I think everyone is anxious to see the PP closed so things can start moving forward.
Comment by Danny — August 31, 2015 @ 5:30 pm
Insider buying in PGX and with to-days trading maybe a deal with TCM is possible.
Comment by Robert — August 31, 2015 @ 6:29 pm
Something could be cooking there, indeed, Robert. Again, Regoci’s reference to “all stakeholders” in GGI’s latest news was an interesting reference.
Comment by Jon - BMR — August 31, 2015 @ 6:40 pm
EQT – I understand the flow through PP closes tomorrow. The market can let her run after that.
Comment by dave — August 31, 2015 @ 6:57 pm
Thanks dave, I assume the insider selling for EQT (1.7 million shares) on TMX Money today was related to insiders loading up on the PP. GGI looked strong today, hoping good things are going on behind the scenes there.
Comment by Danny — August 31, 2015 @ 7:20 pm
Another green day for the venture yesterday while all other indexes were red. Let’s see if it busts out if the 20 sma today.
Comment by tony t — September 1, 2015 @ 4:04 am
After 2 months of blockade, if Shirvani does not in hand an injunction it has a big problem, I think that was the first thing to do!
Comment by Guy Delisle — September 1, 2015 @ 4:31 am
Yes, that’s the key, Tony…there is near-term resistance obviously at the 20-day…could overcome that right away, or it could take a few sessions…we’ll see…certainly last Monday was an important “swing day” and it’ll be interesting to see where that leads to this month, and the sustainability of any move…a rally is one thing; a rally with real traction is another, and so of course is a genuine turnaround.
Comment by Jon - BMR — September 1, 2015 @ 4:34 am
Could it be possible that the people who cashed out during the crashes of tsx,down etc last week are now putting some of their money into beaten down venture??
Comment by tony t — September 1, 2015 @ 4:49 am
If we start to see a real shift in Gold (up nicely this morning) and some other commodities, certainly a swing into the higher quality juniors would make sense, Tony. Market volatility continues, however, as we’re seeing again today, and a lot is on the table this month with the Fed decision and a slew of economic data that will be coming out. Watch the Dollar Index – that’s really key. The momentum there has been waning, as John’s charts have shown, and that’s a critical metric. The greenback in a clear downtrend has always helped the Venture. The dollar’s surge from last summer to the spring was a major headwind.
BRM – great move since last week when we highlighted it in the 30’s after the release of their latest financials. Updated chart this morning. Near-term resistance around 75 cents.
Comment by Jon - BMR — September 1, 2015 @ 4:57 am
Markets taking a bit of a hit this morning. One analyst called for this one more time. Should get better though.
Comment by dave — September 1, 2015 @ 5:41 am
Until the VIX settles below 25, this volatility will continue, but I agree, Dave…the Venture trend is also much more positive with initial resistance at the SMA-20 expected…2 steps forward, 1 step back is perfectly fine…
Comment by Jon - BMR — September 1, 2015 @ 5:47 am
Was expecting the announcement of the PP closing before the opening. When that didn’t happen I picked up more shares of EQT
Comment by Dan — September 1, 2015 @ 5:49 am
End of day Dan.
Comment by dave — September 1, 2015 @ 5:58 am
Looking at bid support, probably stay at .125 or .13
Comment by dave — September 1, 2015 @ 5:59 am
IB.v moving&groovin
Comment by ChartTrader — September 1, 2015 @ 6:04 am
Jon, looking forward to your definition of “all heck is going to break loose” in the Sheslay. Which companies? “all heck” to me is something better than just drilling. More details when you get a chance please.
Comment by vepper — September 1, 2015 @ 6:28 am
Watching for certain dynamics to unfold in the district as September proceeds, Vepper. First things first – we obviously need to hear from DBV shortly, and more from GGI.
Comment by Jon - BMR — September 1, 2015 @ 6:49 am
Thanks Jon, we’ve needed to hear from DBV since July 8th…are you hearing that something good might be cooking?
Comment by Steve A. — September 1, 2015 @ 6:56 am
Not sure about cooking, but they must have baked the LaPatilla GGI cores. Where are they already?
Comment by Dan — September 1, 2015 @ 7:05 am
Steve, there’s obviously something cooking given what GGI stated August 14. I can’t imagine we’ll have to wait much longer before hearing from DBV – Labor Day week (next week) at the latest is what I’m speculating.
Comment by Jon - BMR — September 1, 2015 @ 7:07 am
Thanks Jon, as per your post #16, Also interested in what you uncover and are able to elaborate on with service providers/individuals in the area. Very investigative reporting practices by you, worth a membership! Looking forward to when you learn more.
Comment by vepper — September 1, 2015 @ 7:34 am
interesting the last trade on EQT was at 11:47. Now silence. What that tells me is the PP swapping back and forth is done and she is ready to close.
Comment by dave — September 1, 2015 @ 8:31 am
First Mining Finance to acquire Gold Canyon, PC Gold
First Mining Finance Corp., Gold Canyon Resources Inc. and PC Gold Inc. have entered into definitive agreements, pursuant to which First Mining has agreed to acquire all of the issued and outstanding common shares of both Gold Canyon and PC Gold.
the consol continues
trading resumes 1:00 p.m
Comment by ChartTrader — September 1, 2015 @ 8:46 am
“Early Bird subscribers will have the same special rate for their automatic subscription renewal in early 2016.”
What’s this automatic renewal thingy? Can’t I buy BMR Gold and decide whether to renew in six mos?
I once donated to Oxfam, their policy was to gratuitously withdraw monies from my account monthly lol
This site is worth it, jess asking to clarify the fine print. Thanks
Comment by Concerned Citizen — September 1, 2015 @ 8:51 am
Absolutely you have the choice to renew or not renew, Concerned Citizen, when that time comes up – you’ll be sent reminders well in advance…and your renewal rate will be the same for the next 6-month period, as a special bonus related to this early bird special…of course, after 6 months, if you’re not fully satisfied, your entire 6-month subscription fee is refunded in full, so there’s nothing to lose here…that’s how confident we are that you’ll enjoy and benefit from the service…the automatic renewal is set up for convenience purposes through the PayPal secure system but, again, if you choose not to want to renew, simply let us know on the reminders we send before your 6-month subscription expires…very simple and straightforward…
Comment by Jon - BMR — September 1, 2015 @ 8:57 am
EQT- yes, very quiet today…..close the PP and get the drill rig turning then the fun begins.
GGI- chart set-up nicely…it just needs good buying at ask and it will move. We need Mexico results soon and drill turning at Grizzly.
DBV- no comment other than I’m disappointed with it but believe that will change at some point and it will heavily reward shareholders imo. Chris Day is definitely still winning this battle for now.
Comment by D4 — September 1, 2015 @ 9:03 am
Jon- has the subscription price been established yet? I hope the price is reasonable as I would hate to lose some of the good regular posters that have made this the best place to share ideas & opinions. The research that BMR provides is excellent but its also the quality of the posters here and the sharing of information that also make BMR a hidden gem in the forum world…..I constantly end up refreshing my browser through out the day to read the new posts.
Comment by D4 — September 1, 2015 @ 9:15 am
Thank you Jon. I’m buying BMR Gold membership ASAP to show my support. You’re a really talented investigative journalist.
Comment by Concerned Citizen — September 1, 2015 @ 9:22 am
Yes, D4, just click on the Subscribe Now button above the Gold price for details…BMR Pro works out to $1.99 a day (CDN) on the early bird special…the most basic option works out to 99 cents a day…everything comes with a full money back guarantee if you’re not completely satisfied…so try it out for 6 months, you can choose to renew or not renew early next year, and if you weren’t happy with your 6-month subscription – we’ll refund it in full after you’ve used it for 6 months…as simple as that…
Comment by Jon - BMR — September 1, 2015 @ 9:23 am
Felt the day was coming when the subscription would be introduced. I was wondering at what price would be good, along with D4’s comments in mind…. So approx. $30, $45, or $60 CDN per month, (introductory for maximum two 6-month terms), then rate goes up to regular rate after that, seems high to me. Anyone else have thoughts on this?
Jon, how does this compare in the marketplace?
Comment by vepper — September 1, 2015 @ 10:15 am
What a bummer as Free is until Sept 30th. Going to miss this forum 🙁
Comment by tony T — September 1, 2015 @ 10:35 am
Vepper, quite simply, we have a unique, established product here with strong daily content, a healthy investor forum that’s helpful to everyone, and off-site services that also carry a lot of value…backed by a full satisfaction guarantee.
Comment by Jon - BMR — September 1, 2015 @ 10:36 am
Its very understandable that BMR transition to this. I believe that BMR readers hold very good stocks that will pay off well one day but unfortunately we are still waiting for that day to come and many are not in the profit.
I have a feeling that BMR will lose a lot of readers/posters. If the Sheslay stocks were moving and paying off I have no doubt that most readers if not all would pay for the subscription.
Unfortunately, I’m not sure if I will pay for a subscription yet even though I know this site in excellent and I would miss it. I just can’t justify the extra cost when my portfolio hasn’t been performing well. Still waiting for the fireworks to start in the valley.
Comment by D4 — September 1, 2015 @ 11:02 am
I signed up for the Pro membership, I sure hope everyone here considers joining, one of the best things about this site is the quality of the people that share their ideas, knowledge and DD with others, and of course all of the info that we get from BMR TOO, all of the time they put in on the Shesley/DBV/GGI situation was and still is incredible, and that was all for FREE, of course they have a vested interest in seeing those companies successful too, but think how much more they can bring to the table once they are being paid to bring it, I’m really excited to see what they have in store for their subscribers going forward, and if I’m not happy I can get my money back, can’t beat that…
and no I’m not getting paid for this post, LOL
Comment by Greg — September 1, 2015 @ 11:38 am
I second your last post D4 – I love this site (my browser history will attest to this)- but unfortunately this market has kicked the crap out of my holdings. I certainly don’t under-estimate the value of this website – but until I start seeing some ‘green’ days ahead and we get out of this looming “recession”, I might have to pass on a subscription (for now).
Comment by Steve A. — September 1, 2015 @ 11:42 am
Jon, agreed, you and your team do great work. Competitive industry you are in, there are many out there. You have a niche with your focus on the Venture which lots here follow. Unfortunately Venture at the lowest ever. I use only a portion of what’s published daily. I would support a pay for subscription here but what’s the right price? Or back to the old way of network with texting other holders.
Comment by vepper — September 1, 2015 @ 11:48 am
$9.99/Month and you can stream all the music you want.
Comment by Jeff — September 1, 2015 @ 11:51 am