via IFLS - Even A dog Can Tell When You're Lying

The company proposes to operate as a shell company of no value, while defending under threat of lawsuit information that suits only a legal definition and meets with regulatory requirements. They will aggressively discount any argument offered that simply shows they've been lying.

And yet it's very easy to prove that technical reports are being used to hide information, that the balance sheet is essentially a fraud, and that the company is actually in operation when they say that they are in care and MTCE.

And yet the company would swear up and down on s stack of bibles that they are unassailable.

People would call that fraud, and even more so when the company is being entirely run by former directors and officers of the company all working as managing consultants, earning a top wage and yet the balance sheet has had no accounts receivable over several years.

This is how they want to run the business? And expect accolades for the excellent job? There was a time that junior miners could rely on raising capital from the public markets and owe a fiduciary responsibility to the shareholders.

But not in Saskatchewan.

http://www.iflscience.com/plants-and-animals/dogs-can-judge-trustworthiness

via 321Gold.com - Fraser Institute Survey

Saskatchewan made the top of the list in Canada for mining this year, but you wouldn't know it judging by share prices of Saskatchewan based companies. Even a Saskatchewan based capital company won't invest in Saskatchewan mining companies.

Says a great deal about the investment climate in the province since the financial crisis. There is no bull market in Mudville to-night.

http://www.fraserinstitute.org/research-news/news/display.aspx?id=22260

http://scharts.co/1zKSWqc

via Winnipeg Free Press - Wall Backs Uranium Takeover (old article)

This has to be the most disingenuous, partisan article ever about foreign ownership restrictions in the uranium sector. Brad Wall stays in power as long as he keeps mining in Saskatchewan.

Just like the NDP. The only problem is that Saskatchewan conservatives are the Venezuelans of North America, managing to confiscate mining projects out of the hands of the shareholders, and the financial regulator in the province is a nepotistic office where Down's syndrome runs in the family.

Latest news is that Cameco owes over a billion in back taxes, and that "God's Gold" is going to trial. Sure says a lot about the investment climate.

One thing the company doesn't realize is that should they continue on the path they're on, the province can pull all of the licensing the company has built up over the years if they run the company like their own fraudulent little empire, and simply hand it all over to another operator.

A politician will protect themselves at the expense of everyone else.

http://www.winnipegfreepress.com/opinion/analysis/wall-backs-uranium-takeover-108890914.html

But, je digresse.

$USD Monthly

The great beneficiary of negative nominal rates in the Swiss and German banking systems, and European QE is the $U.S. Dollar.

Gold prices are well supported here, but as it is not considered forex, and there is no avenue for investment along the lines of spreads and swaps with treasury bills in other currencies, the spread trade relies on the dollar, simply because rates have not gone negative as they have elsewhere.

Interesting that the end of QE meant that capital would abandon European markets and head for U.S. markets, when U.S. markets themselves are pricing in negative rates.

I think this trade has run its course for the most part.

Note the silver/gold ratio in this instance:

http://scharts.co/1vFWRbI

- F6