Montreal Analyst

  The Prudent Man Rule has defined fiduciary responsibility in the United States since 1830, but it could it overwhelmed by commercial considerations in 2018. Wikipedia provides a quick summary of the rule as directing trustees “to observe how men of prudence, discretion and intelligence manage their own affairs, not in regard to speculation, but in regard to the permanent disposition of their funds, considering the probable income, as well as the probable safety of the capital to be invested.”

Sirios Resources,… QMX Gold Corporation,   Cartier Resources and  Imperial Mining Group are four Canadian exploration companies that by our analyses, particularly while at low prices, merit our attention. One might consider that we have seen an early stage bull market in some mining stocks already. However, if our indications are correct, we are about to commence a major bull market in many gold and mineral stocks. Mineral exploration is challenging but each of the following companies has excellent potential as well as quality managements and directors with long histories of success.

Maybe we can get someone to listen to some sense instead of all that non-sense coming from here there and everywhere???? Exactly one year ago, January 05th, 2017 the Dow Jones Industrial Averages stood at 19,963 and today, January 05th, 2018 those averages stand at 25,121, That’s a 5,153 point INCREASE or a rise of….25.8% (TWENTY-FIVE POINT EIGHT PER CENT)

From our affiliate site www.Canadianmineanalysis.com If you examine the technical chart for the U.S. dollar, it suggests a further decline ahead. In a fundamental report last July, the “IMF’s External Sector Report” estimated that the U.S. Dollar was approximately 15% overvalued putting it second only to the Saudi Riyal in overvaluation. So above all else, monitor closely the value of the U.S. Dollar and its trend.

Hugo Salinas Price, long a proponent of silver as sound money – via the issuance of the silver Mexican Libertad, has this to say about the cryptocurrency: “The Bitcoin has no history, which is the essential element which makes all digital currencies acceptable, utterly false though they are. The Bitcoin is simply a childish distraction for a childlike world population incapable of discerning falsity, much to the satisfaction of all the crooks, big and small, who prosper by scamming the public. “I remit to Von Mises, who stated that no fiat currency has ever been successfully introduced into circulation without a monetary value ultimately derived from when that currency was gold or silver money. Bitcoin does not fill the bill; it cannot circulate along with the established fiat currencies of the world because it has no history, no ancestry reaching back to its parent, gold or silver.” Mr. Salinas Price is an enormously successful business leader in the U.S. and Mexico

By the most accurate gauges of valuation for the stock market, it is 20% to 25 % overvalued. There are many quality stocks that are popular and heavily recommended but unfortunately too many of them are now exceptionally overvalued.

                                      Insider selling  hits over $2 Billion in four weeks      We have monitored the buy and sell activities of the officers and directors of the major U.S companies since 1990.  I must point out that the SEC reported filings of insider buys and sells of their own companies’ shares over the last four weeks have hit a total of over $2,000,000,000 in dollar value ($2 Billion dollars). That is the highest total for a four week period that we have ever seen…..ever!

SOURCE: MIKE SHEDLOCK Most defined benefit pension plans are nothing but Ponzi schemes. Plans are now unraveling because of demographics. An increasing number of retirees, needing untenable returns, are supported by fewer and fewer people putting money in the system. Democrats sponsored a bailout scheme. Will it pass? Pension and Investments reports Sen. Sherrod Brown to Unveil Multiemployer Loan Program Legislation. Sen. Sherrod Brown, D-Ohio, plans to introduce legislation that would allow struggling multiemployer pension funds to borrow from the U.S. Treasury to remain solvent. The bill, co-sponsored by Rep. Tim Ryan, D-Ohio, could be introduced later this week or shortly after. It would create a new office within the Treasury Department called the Pension Rehabilitation Administration. The funds would come from the sale of Treasury-issued bonds to financial institutions. The pension funds could borrow for 30 years at low interest rates. One restriction for borrowers is they could not make risky investments. The bill would also fund a program at the Pension Benefit Guaranty Corp. to finance any remaining needs of pension plans borrowing from the new program. “Any money needed for the PBGC would be a tiny fraction of what it would otherwise be on the hook for if Congress fails to act,” said an analysis by Mr. Brown’s office. Mr. Brown told a group of retired Teamsters in Ohio on Monday that the bill will be out shortly. It Begins: Pension Bailout Bill A reader asked me to comment on the story after reading ZeroHedge’s take: It Begins: Pension Bailout Bill To Be Introduced This […]

 Adviser says “Gold Manipulation is simply nonsense”…He said that?    A couple of months ago on a highly respected Canadian commodity investment site, a pompous and obviously naïve “expert “stated that any thought of “gold manipulation is simply nonsense.” Really?  We have received many comments on the view of this commodities “adviser.” Some very successful and experienced gold and mining people were rather surprised by his term “nonsense.” Nonsense is it? Just review how recent gold commodities market trades were executed. By the way, we consider the expert to be mediocre at best and rarely found any value in his advice. The point is that those large commodities “paper” sales have been done to generate an overall image of weakness in the gold market. SO IT”S NONSENSE?     JUST TAKE A LOOK AT THE TRADES    For example on November 10, 2017 a total of 30,000 commodity futures contracts in gold were sold in minutes. If converted into gold bullion, that would be equal to approximately 4000 tonnes which is more that the entire world’s annual gold production. The trades were done apparently at “market” and not “limit” and were effective in causing the price of gold (in paper) to plunge which is what we feel they were designed to do. Let’s fast forward to last Friday November 18, 2017 when the sales of 15,000 commodities gold contracts were executed within two minutes; it was “notional” which means that it was paper contracts representing gold and not the gold bullion itself. Friday’s sale would be equal […]

LATEST WEEK SHOWS:.….. $620 MILLION OF INSIDER SELLING  in U.S dollar value with slightly under $17 MILLION OF INSIDER BUYING of U.S. traded stocks. This confirms what we had reported here last week. That $620 million in sells ranks among the highest amount ever in one week. Companies do not enjoy seeing their insider sells reported. When was the last time you saw insider selling reported in a brokerage recommendation? LAST WEEK’S MONTREALANALYST.COM REPORT: OFFICERS AND DIRECTORS HEAVY SELLING. Moreover, examine yourself what the officers and directors of many of these companies are doing with their own personally held shares; you will find that they are selling heavily with very little buying! Recent months have seen the largest amount of officers and directors selling their own personally owned shares in history. *** Note that we are not suggesting that these “most informed of investors” (they work at these companies) are dumping all they own. They are obviously taking some money off the table as they do see risk. The public and the U.S. brokerage industry pay little attention to insider activity. Years ago on a national television call in segment, I mentioned that insiders at an American company had been heavy sellers; two days later I was threatened with a lawsuit for defamation among other things. As they had been verified sellers, I was advised by lawyers to tell them to %&^*#%*. I cannot print the exact words here as this is a family column.