via Guardian - All NAFTA Measures On The Table

There had been a lot of discussion about political stability in certain jurisdictions where an investor might reconsider investing due to the ongoing developments being a negative such as the seizing of mines, or arbitrary imposition of more stringent environmental licensing.  Certainly Centerra has been one of the worst examples of this kind of fouled political jurisdiction.

But with more than a little irony calling NAFTA into question has to be a much bigger concern, especially from the point of view how this might affect securities' laws and Canadian companies that depend on both countries' capital wealth to implement their development plans.(The company listing options under GBRIF is an example of taking advantage of NAFTA to restructure the paid-up capital)

This redefines the province of political risk and is far worse than Trudeau's arbitrary imposition of carbon taxes on the resource sector.  Or, for example, the Chinese owners of PROCON might now think twice about their investment. The arbitrary imposition of taxes on Americans who invest in Canadian mining companies, or goods and services moving to the U.S. is something nobody contemplated even a month ago.

At the very least, this would hasten Golden Band along, to convert common shares to preferreds, or at least list the preferred's 'pending valuation' and extract the listing from the U.S.

Calling NAFTA into question is clearly positioning for a major recession.  What else could it be?

https://www.theguardian.com/us-news/2017/jan/18/nafta-wilbur-ross-confirmation-hearing-trump

$Gold Weekly

We haven't seen the weekly chart in some time, mostly concentrating on interest rates vs. inflation through the TNX/PRII.   The gold price has to come from behind, though I liken the rally as being similar to the 2010 - 2011 period.  Once over the 233 week EMA, the downtrend aught to be tested again.

The price flag @1124 is in evidence, and us an important indicator in stockcharts.com.

http://schrts.co/RlXHcK

$Gold:CDW Weekly

The $CAD gold price presents an interesting uptrend, as mostly what you hear about in the media is gold's downtrend.  The low was in June 2013, and there's been a higher low ever since.

http://schrts.co/SjVmr7

-F6