Chris Temple joins me for a market wrap on Fed Minutes day. While nothing new was revealed in the minutes, it did further drive home the fact that the Fed is on pause. We look some of the factors the FOMC members were concerned about and what the potential outcome and time-frame we are looking at. Finally a couple quick comments on the markets moves.
Remi Piet, Senior Director at Americas Market Intelligence (AMI) joins me again on the show to outline some of the key political and regulation risk factors in Latin America. No matter what country a company is operating in there are risk factors but it seems in Latin America the politics get in the way on a regular basis.
AMI is also hosting a webinar on upcoming political changes in Latin America on Tuesday next week. Click here to find out more and sign up for the webinar.
Fireweed Zinc just closed a $5million private placement with Teck taking part and increasing its share of the Company to 9.9%. I am joined by The CEO Brandon McDonald to shed some more light on how the $5million will be used to advance the work planned for this year. Brandon outlines how this year will focused on some new exploration targets to expand the current resources and possibly find new deposits.
If you have any follow up questions for Brandon please email me at Fleck@kereport.com.
Dee Carter, President of Dee Carter Financial Group shares his thoughts on the oil market and it’s bounce off the recent bottom. Oil can have a big impact on the broad markets so let’s see if oil breaks down right when the US markets are approaching strong resistance.
Chris Vermeulen, Founder of The Technical Traders outlines how he is trading the moves up in gold and gold stocks. While still medium term bullish Chris is seeing an opportunity to hedge some gains with a play on the short side. Overall Chris thinks that we are still in a hot sector type of play.
Chris Temple joins me to wrap up the market moves for today. The focus is on the PMs as they continue to move higher without any major events to drive these moves. We also look into the USD and what factors could help move the dollar up or down. Finally we address the US markets closing in on some pretty substantial resistance. It is finally time for the markets to rollover?
David Erfle, Founder of The Junior Miner Junky joins me to share his thoughts on the move higher in gold. Still within a backdrop of low sentiment gold is continuing the trend higher. There are many encouraging signs for the metal as it seems slowly money mangers are allocating a little money to the PMs. Also GDX put in a gap today and back on January 25th. We weigh in on which of these gaps might be filled.
Click here to visit David’s site. I highly recommend signing up for his newsletter if you invest in PM juniors.
Joel Elconin, Co-Host of the Benzinga Pre-Market Show joins me with a look into the gold price and earnings out of Walmart. Gold up over $11 today without any major headlined driving the move. It just goes to show that gold continues to ride this uptrend. As for Walmart, after a weak US retail sales number Walmart beat expectations. Just goes to show it is a stock pickers market.
Ed Moya, Chief Market Strategist at OANDA is back to discuss the upcoming debt ceiling debate that has a March 2nd timeline. We also look at the US/China trade talks that are happening in DC this week. Overall will either of these further impact the markets?
Marc Chandler, Managing Partner at Bannockburn Global ForEx looks ahead to the events this week to determine what might drive markets. Brexit and US/China trade talks are the main stories. Outside of these stories we focus on another trade war, between the US and Europe/Japan and a trading strategy for the USD that Marc is utilizing.