Mitch Eaglstein

Help Needed | Confusion About Gold Export Sellers' Fund Issues I'd like to ask everyone a question that has been puzzling me for a long time: When connecting with gold export businesses, I've encountered many sellers who claim they can't afford various fees in the export process, including export taxes, document fees, insurance fees, and air freight charges. What confuses me, though, is that these sellers hold gold, which is an asset with extremely strong liquidity. Logically speaking, if there is indeed a funding gap, they can simply sell a small amount of gold (say 20kg) in the local market. The proceeds from this sale are likely sufficient to cover the aforementioned export-related fees and facilitate the smooth progress of the export process. However, the actual situation is that some sellers do not choose this method. Instead, they require buyers to go to their local area in person to pay these fees. This operation contradicts the high liquidity of gold and does not conform to conventional business logic, making it really difficult for me to understand the reason behind it. If there are friends who are familiar with gold trading processes or industry rules and can help analyze and explain this, I would be extremely grateful!

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If it sounds too perfect, it probably is. “Convert your SBLC into cash — no recourse, no risk, no liability.” It’s the pitch that has seduced even seasoned executives — the financial equivalent of the perpetual motion machine. Here’s the truth: non-recourse SBLC monetization doesn’t exist in legitimate finance. No regulated bank, fund, or institution will ever give you real cash for a contingent credit instrument with zero recourse. It defies the logic of credit risk, collateral law, and banking regulation. The real question isn’t who offers it — it’s why the phrase should end the conversation the moment you hear it. Read the full article: https://lnkd.in/gnWyDfnh

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We just completed the Q1/2025 update of our CDN Large Cap Model Portfolio. From September 24, 2024 to February 18, 2025, the model returned +6.14% versus the S&P/TSX Composite Index at +7.08%. Year-to-date, the model has returned +4.11% versus the S&P/TSX Composite Index at +3.72%. Since inception on October 8, 2019, the model has returned +65.82% versus the S&P/TSX Composite Index at +57.41%.

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Arizona Gold & Silver Inc.: Positioned for success in the Oatman Gold district of Arizona Arizona Gold & Silver Inc. (AZS:TSX; AZASF:OTC) is redefining the gold and silver mining landscape with its forward-thinking approach and exciting exploration prospect. The company stands out not only for its strategic project but for its innovative solutions that promise to unlock significant value in the district. A Game-Changer in the District With a market cap of $30 million and a promising portfolio, Arizona Gold & Silver is primed for growth. The company's flagship asset, the Philadelphia gold-silver project, is located in one of the most lucrative mining regions, where their team is drilling an epithermal gold-silver system. Recent drill results are nothing short of impressive, including hole PC24-140, which intersected 55.8 meters at 1.27 g/t Au and 2.5 g/t Ag, with high-grade intercepts delivering outstanding results such as 24.5 g/t Au and 3.9 g/t Ag. See highlights: https://lnkd.in/gn7qM6Bq Arizona Gold & Silver has a clear vision for its future. The company is actively working to build a bulk tonnage, heap-leachable resource, with plans to expand on high-grade veins discovered during its drilling. This resource strategy has been proven to be highly effective in the district, positioning Arizona as a major player in the gold and silver market. Efficiency & Innovation: A Strategic Advantage In a bold move to enhance its operations, Arizona Gold & Silver has proposed an innovative solution for transporting materials between its property. By proposing a conveyor belt system to neighboring heap leach operation, Arizona plans to implement a cost-effective method for transporting material—cutting down transportation costs from US $ 5-7 per ton for trucking to as low as US$0.25 per ton with the conveyor belt. This strategic initiative demonstrates Arizona’s commitment to optimizing its operations while keeping costs low and ensuring a steady supply of high-quality material. Strong Financial Foundation & Strategic Partnerships Arizona Gold & Silver’s ownership structure speaks to its strong foundation and dedicated leadership. With 44% of shares held by family and friends, 23% by insiders and advisors, and 8% by Sprott, the company benefits from a highly committed and experienced team. Retail investors hold 16%, while institutions hold 9%, reflecting the growing interest in Arizona Gold & Silver’s potential. The Future is Bright for Arizona Gold & Silver Inc. With drilling results that continue to exceed expectations and a strong market position, Arizona Gold & Silver is on track to build a valuable and sustainable resource base. Recent drilling will continue as well with a healthy treasury along with additional funds coming in from Warrant exercising & options being exercised as well buy insiders without selling shares. https://lnkd.in/gSMngtDS #AU #AG #Gold #Silver #Arizona #USA #Oppertunity #Value #Drilling

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3 Red Flags in SBLC Monetization That Cost Millions Last month, a project sponsor lost $50,000 to a supposed SBLC monetization expert. The deal seemed perfect. The structure was impossible. The outcome was predictable. Here are 3 critical red flags: --- **RED FLAG 1: Upfront Fees Before Bank Verification** Legitimate monetization never requires large payments before verification. If someone demands $10K+ "to activate the instrument" before showing proof — walk away. Real process: → Bank verification through official channels → Term sheet with clear conditions → Legal documentation first → Fees only after structure confirmation --- **RED FLAG 2: Impossible Returns in Impossible Timeframes "We'll monetize your SBLC at 80% LTV in 48 hours." Reality check: → Legitimate LTV: 60-75% → Processing: 2-4 weeks minimum → Compliance checks: mandatory → Due diligence: non-negotiable Promises of 80%+ returns in days signal fraud or non-compliant operations. --- **RED FLAG 3: No Verifiable Bank Contact** "We work with a private banker who can't be contacted directly." This is the ultimate red flag. In legitimate transactions: → Bank officers verified through official channels → Communication via secure bank systems → SWIFT/BIC codes are verifiable → Confirmations on official letterhead No direct bank verification = fraud. --- **PROTECTION CHECKLIST** Before any SBLC transaction, verify: 1. Can I contact the bank officer through official channels? 2. Is there a term sheet without upfront fees? 3. Are returns and timelines market-realistic? 4. Is there evidence of past transactions with references? 5. Does legal documentation protect all parties? Any "no" or "trust me" = stop immediately. --- **THE BOTTOM LINE** Real monetization requires time, compliance, and verifiable banking relationships. Work only with advisors providing: → Verifiable bank connections → Transparent documentation → Realistic timelines → Legal protection In finance, if it sounds too good to be true — it costs you everything. 🦅 --- Encountered red flags in financial instrument deals? Share your experience to help others avoid costly mistakes. 👇 #tradefinance #SBLC #bankguarantee #financialadvisory #compliance #duediligence #projectfinance #riskmanagement #standbyletterofcredit #structuredfinance #fraudprevention #FundEX

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Advantage EM - EM currencies are taking full advantage of the trade war kerfuffle, posting nice gains against USD after the liberation day, contributing to ~50% of EM local bonds’ year-to-date total return (5.68% out of 10.52% USD unhedged), and driving EM local debt's outperformance vs. EM sovereign debt

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New Trader TV - Arianne Adams at Webull Financial speaks to Trader TV at this year’s Options Industry Conference, hosted by the The Options Clearing Corporation (OCC) in Palm Beach, Florida about how retail and institutional traders are using derivatives in response to ongoing market volatility, including the rise in shorter-dated equity options in trading strategies. In this episode: 📌 Dissecting the divergence between retail and institutional flow 📌 What’s behind the growing appetite for shorter-dated equity options? 📌 The drivers for zero-day single-stock options 📌 Are US retail traders becoming more sophisticated? 📌 Is demand growing for crypto exposure? Find the full show on tradertv.net as well This show is supported by Cabrera Capital Markets and MTS Markets. #trading #capitalmarkets #equities #liquidity #stockoptions #derivatives 

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Is principal-based trading such a major issue? I would argue no. As long as it is transparent and all parties know what they are getting into, then it is a fair commercial transaction. Moreover, if #Meta’s deal is with multiple agencies, there is not a monopoly supplier. And, if #advertisers are unhappy, then it is probably worthwhile reconsidering their own actions with regards to fee structures. What surprises me more with this debate is the amount of attention paid to principal buying when there are far bigger pots of money where advertisers are losing out - the Ad Tech tax for one and the sheer waste of #advertising money to online ad fraud. I suspect the core reason for this is that principal-based buying is an easier target. One final point. #Meta obviously wants to secure its revenue streams in the future. That makes sense, especially as the platform has benefitted immensely from Chinese advertisers such as #Shein and #Temu spending on its platforms, spend that is potentially at risk given the tariffs situation. But also it shows potential concern about SMEs who make up c 85% of its ad revenues. As usual, this is not investment advice.

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🚨 Black Cat Syndicate Limited (ASX:BC8) - Strong June Quarter & Even Stronger Outlook Ahead 🚨 📊 Quarterly Highlights (June 2025) ✅ ~$55M in cash & bullion (after $20M Lakewood payment) ✅ ~16,500oz of #gold recovered (+33% QoQ) ✅ Additional ~5,200oz from 3rd party tolling ✅ Paulsens gold production up 23% QoQ ✅ Myhree open pit now cashflow positive 🔭 September Quarter Outlook 🎯 Forecast gold production: 19,000–23,000oz ➕ Additional 2,000–3,000oz expected from toll treatment 🚜 Open pit mining from Myhree & Boundary continues 🚀 Underground operations at Majestic to commence 🔧 Scheduled plant upgrades at both Lakewood and Paulsens 📌 A strong foundation is in place for sustained growth across all assets. #Mining #BlackCatSyndicate #BC8 #Lakewood #Paulsens #GoldProduction #AustralianMining

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"𝗪𝗵𝘆 𝗱𝗼 𝗜 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗽𝗮𝘆 𝘂𝗽 𝗳𝗿𝗼𝗻𝘁?" 𝗧𝗵𝗲 #𝟭 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻 𝗜 𝗴𝗲𝘁 𝗮𝗯𝗼𝘂𝘁 𝗦𝗕𝗟𝗖𝘀 💲 If I had a dollar for every time a client asked why top-tier UK banks charge upfront fees for a Standby Letter of Credit (SBLC), I wouldn’t need an SBLC. And honestly? I get it. 🤷 In an industry rife with scammers, skepticism is your best defense. Clients are terrified of paying a fee and getting ghosted. 👉 But here is the hard truth about real banking that many brokers won't tell you: Banks do not 𝘀𝗽𝗲𝗰𝘂𝗹𝗮𝘁𝗶𝘃𝗲𝗹𝘆 𝘂𝗻𝗱𝗲𝗿𝘄𝗿𝗶𝘁𝗲 𝗿𝗶𝘀𝗸. When we work with our clients to engage a top-rated UK institution (think Barclays, HSBC, Lloyds) to issue an instrument like an MT760, real tangible work begins before the instrument hits the SWIFT network. Here are some of what that "𝘂𝗽𝗳𝗿𝗼𝗻𝘁 𝗳𝗲𝗲" is actually funding at the bank: 👉 𝗛𝗲𝗮𝘃𝘆𝘄𝗲𝗶𝗴𝗵𝘁 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 (KYC/AML) UK banks operate under some of the strictest financial regulations in the world. They employ teams to trace the source of funds and vet ultimate beneficial owners. That manpower costs money. 👉 𝗟𝗲𝗴𝗮𝗹 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴 An SBLC is a legal undertaking. It isn't a template downloaded from Google. Bank attorneys must draft or review the verbiage to ensure it complies with ISP98 or UCP600 rules. They bill by the hour, regardless of whether it is standard verbiage or even if the deal closes. 👉 𝗧𝗵𝗲 𝗦𝗪𝗜𝗙𝗧 𝗡𝗲𝘁𝘄𝗼𝗿𝗸 Accessing the SWIFT network to send a Pre-Advice (MT799) or the instrument itself (MT760) incurs direct costs to the bank. And that’s just the bank. 🔦 If you are using a provider, they will also incur additional expenses in order to provide cash assets backing for your instrument. By prevailing laws, every instrument needs to be cash-backed 100%. The "𝗡𝗼 𝗨𝗽𝗳𝗿𝗼𝗻𝘁 𝗙𝗲𝗲" Myth. ⚠️ If someone promises you a clean SBLC from a top bank with "zero upfront fees" and "payment strictly upon success," run. Real banks and reputable providers do not work on a contingency basis. "No upfront fee" usually signals a gray-market "leased" instrument or a broker chain that will waste at least 6 months of your time. My advice? Don't look for "free." Look for 𝘁𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆. A legitimate provider will disclose where that fee goes—legal, admin, transmission—and will allow you to pay it directly to the issuer or a heavily regulated attorney, not a random consultant's Gmail account. 📨 If you are tired of the noise and need to understand how to get a real paper issued for your project, let’s have a serious conversation. Get the complete and unbiased information from us today. 👉 Find our SBLC Engagement details here>> https://lnkd.in/g6wAbmYT 👉 Join the CXO Funding & Business 𝗴𝗿𝗼𝘂𝗽 > https://lnkd.in/gbdb9Gv 👉 Subscribe to our 𝗻𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 for regular tips & latest info > https://lnkd.in/gKfSEAej #ProjectFinance #SBLC #TradeFinance #CapitalRaising #acevipservices

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#Silver 🚀 (Bloomberg) -- Surging lease rates for silver are once again upending the precious metals market ⭐ last month silver categorized as critical to US national security ⭐ traders fearing possible return of US tariffs ⭐ inventories in London have dwindled, as price dislocations re-emerge ⭐ investors have piled into ETFs backed by gold and silver, which are up >35% and 40% YTD, respectively ⭐ increasing potential of squeeze on already tight supplies Source: https://lnkd.in/gt96_jZS

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🚨 COPPER MAY SMASH $12,000 PER TONNE IN 2025 — GLOBAL TRADERS WARN 🚨 At the FT Commodities Summit in Lausanne, major players including Mercuria, Trafigura, and Frontier Commodities projected London Metal Exchange copper prices to soar past $12,000/tonne this year, driven by: 🔹 A tight physical market 🔹 400K–500K tonnes of copper en route to the US 🔹 Looming Trump-era tariffs on copper imports 🔹 A $1,350+/tonne spread between London & New York 🔹 Infrastructure upgrades in the US and EU boosting demand In May 2024, copper hit $11,000. Now trading around $10,000, traders believe the rally is far from over. With Comex copper stocks near 5-year highs and ICE Futures Europe planning new contracts on lithium and cobalt, the market's evolution is accelerating. ⚡🔧🌐 #CopperPrices #CommoditiesMarket #Mercuria #Trafigura #LME #ICEFutures #MetalsTrading #USInfrastructure #EVMetals #Lithium #Cobalt #EnergyTransition

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Thanks for all your questions re the possible gold revaluation 1) Why Gold at $15'000? 2) What would happen to the price of silver? 3) Would the government confiscate gold, or make it illegal like they did in 1933? 4) Would this cause high inflation? 5) Would the dollar collapse? 6) Who would buy my gold? Answers: 1) Why $15'000. Why not more, or even $150'000 to pay off all the US debt? Answer: In order to finance the current deficit ($2tn) and repay maturing debt over the next 6 months or so ($2tn), the government would need to raise about $4tn. At $15'000 gold they would raise $3.9tn. There's no point in raising any more as they would not be able to use to repay debt immediately. They cannot repay the debt uuntil it actually matures gradually over the next 30 years. Raising any less than $3.9 tn would leave the public with an expectation that the exercise will be repeated. 2) What would happen to the price of silver? Answer: It is likely that some gold holders would sell some of their gold to the Treasury at the bid of $15'000, and they are likely to use the liquidity raised to buy other assets. That would probably include other precious metals such as silver and platinum. So it seems likely that these precious metals would soar in price in sympathy. 3) Would the government confiscate gold or make it illegal like they did in 1933? Answer: Possible, but rather unlikely. The only reason to confiscate would be to pay foreign creditors the gold which is owed. Since the US Government no longer pays its bills in gold, they no longer need any of your gold. 4) Would this cause high inflation? Answer: The revaluation of gold to nearly double the price in 1934 did not cause any inflation. In the modern world many things are produced by automation, and robotics, so the supply of consumer goods can be rapidly expanded if demand increased. Therefore there would not be any demand-pull inflation. There could be some cost-push inflation due to commodity prices being higher, but I don't think it would be a big number. The biggest impact would be on asset prices like stocks commodities, bitcoin, and maybe property. Effectively the exercise creates new wealth of $3.9 trillion some of which would look for a home in assets like stocks. It's not a big percentage of the total planetary wealth and it's less than 15% of US Government debt. 5) Would the dollar collapse? Answer: It would likely go lower, as happened after the 1934 devaluation, but it would be limited due to competitive devaluations. A lowe dollar would help improive the trade inbalance that the USA is complaing about. 6) Who would buy my gold? The Treasury would be bidding for gold as $15'000 so nobody would sell their gold for less than that. So the usual gold and silver dealerts will still be buyers and seller. All of the above is just my opinion. I may be wrong. Make your own judgement. https://lnkd.in/e2cMFKT3

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Here’s a sample step-by-step SBLC purchase procedure (with no upfront payment) that you can present to a provider, as well as a list of documents you typically need to provide. ⸻ ✅ SAMPLE SBLC PURCHASE PROCEDURE (NO UPFRONT PAYMENT) Note: This is a draft procedure template designed for serious providers open to escrow or payment-after-delivery (PAD) structures. ⸻ 📄 Step-by-Step SBLC Acquisition Procedure (Buyer-Friendly / No Upfront) 1. Buyer Issues LOI + CIS • Buyer sends a formal Letter of Intent (LOI) to purchase an SBLC. • Include completed CIS (Client Information Sheet), passport/ID, company registration documents, and proof of financial capacity (bank statement, monetization agreement, or escrow setup). 2. Provider Sends Draft Contract • Provider reviews documents and sends a draft SBLC Purchase Agreement (SPA). • The SPA includes: • SBLC face value • Instrument type (MT760) • Issuing bank • Delivery schedule • Escrow terms or Payment After Delivery (PAD) 3. Both Parties Sign Contract • Buyer and Provider sign the SPA. • If using escrow, an escrow agreement is signed, and buyer deposits funds into the escrow account. 4. SBLC Issuance & SWIFT Delivery • Provider’s bank issues and sends SBLC via SWIFT MT760 to the buyer’s designated receiving bank. • The buyer’s bank verifies and authenticates the SBLC. 5. Payment to Provider • Upon confirmation and verification of the SBLC by the buyer’s bank: • Funds are released from escrow; OR • Buyer makes the payment as agreed (e.g., within 3 banking days post-verification). 6. SBLC Fully Activated • The SBLC is now in place for use (e.g., credit enhancement, project finance, trade). ⸻ 📑 Required Documents from Buyer Document Description Letter of Intent (LOI) Expresses your interest, instrument type, face value, term, payment model Client Information Sheet (CIS) Basic company data, authorized signatory, contact info KYC Documents Valid passport/ID, utility bill, incorporation certificate, company profile Bank Comfort Letter (BCL) or POF Optional – Shows financial readiness (even if not upfront) Escrow Agreement (if used) Optional – If escrow-based deal is used ⸻ 🔐 Important Clauses to Include • Non-performance clause: If provider fails to deliver SBLC, contract is void with no penalty to buyer. • Refund guarantee (if any funds are pre-blocked or escrowed). • Escrow payment trigger: Clearly defined — must be tied to SBLC verification via MT760.

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In Case You Missed It_ #PDD Holdings' Temu saw U.S. sales plunge by as much as 32%, while SHEIN experienced a 16%-41% decline during the five days starting Feb. 5, according to Bloomberg Second Measure. The drop follows President Trump's announcement to remove the $800 duty exemption on small parcels from China, which largely benefits platforms like Shein and Temu. Although the policy hasn’t yet been implemented, concerns over potential extra fees appear to have deterred shoppers. This decline reverses the growth trend seen in late January and has persisted through Feb. 9. Seasonal trends and macroeconomic factors may also be influencing the slowdown. Both companies are adapting: Shein is urging suppliers to expand in Vietnam, and Temu is restructuring its supply chain with a "half-custody" framework. The tariff changes, initially causing shipping disruptions, have since been delayed until adequate systems are in place to manage collections. #temu #shein #stockmarket

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