Doc joins me to discuss some of the moves he is expecting for the gold stocks and actual gold price. This time of the year the PMs tend to selloff but Doc still thinks the downside is limited.
I have been bringing SSR Mining (TSX & NASDAQ : SSRM) on to the show over the past few months because I think they are a great example of a mid-tier who is generating good cash flow numbers and building cash in the bank. After my last interview I received a number of emails asking for more color on the recent investment in SilverCrest Metals.
In this interview I have David Wiens, Director of Corporate Finance and Brian Martin, Director of Business Development on to discuss this investment. We also use this investment to discuss the trend of larger companies taking equity stakes in exploration companies rather than flat our buying them.
If you have any follow up questions for the guys at SSR please email me at Fleck@kereport.com.
Jordan Roy-Byrne, Founder of The Daily Gold shares some bullish developments for GDXJ and GDX. There are key background indicators such as breadth and the advance/decline line that not everyone follows. Jordan breaks down the recent turn to bullish for these indicators that can enable the gold stocks to run higher.
Chris Temple joins me today to take a step back and assess the likelihood of a wide range of markets and sectors moving sideways for the next few months. With a number of fears as well as potential drivers there is a case to be made for range bound markets until some clarity emerges.
Allison Ostrander, Director of Risk Tolerance at Simpler Trading shares her insights in the the charts of Apple and Gamestop. We also discuss the short positions that entered Apple before the recent earnings report. These shorts are a large contributor to helping drive the stock higher right now. These stocks also tie into the broader retail sector.
Chris Vermeulen, Fonder of The Technical Traders joins me to share his thoughts on the set up in natural gas and crude oil. Short term opportunities are present but Chris outlines a longer term picture that is more bearish.
Doc is with us today to address where he sees the US markets moving as well as the copper price. Still with the tough on the US markets in the longer term topping pattern we also consider how central banks will play a roll in the rollover. As for copper there have been more bullish comments as the price has move up 10% over the past month. The long term charts are still a ways from a bullish break.
David Erfle, Founder of The Junior Miner Junky joins me for a focus on the rally in gold and the US markets. Both rallies are being considered long in the tooth but which one rolls over first. With how slow the move up has been in gold it could limit the downside. David shares some of the levels he things gold and GDX pullback to then rally from.
A new guest to the show Remi Piet, Senior Director at Americas Market Intelligence (AMI) joins me to share some insights on the environment for mining companies in Latim America. AMI works with a range of mining companies and financial institutions who are operating in or looking to work in Latin America.
George Gero, Managing Director at RBC Wealth Management joins me today to share his updates on the open interest in a wide range of precious metals. We also discuss the main drivers George sees ahead for the metals. Watch for inflation and a better metals environment heading into 2020.