Cory’s Insights – Mon 28 May, 2018

By Cory댊 Panel Discussion – Metal Stocks and Sectors

First off I hope everyone is having a great Memorial Day! As pretty much everyone seems to be away from their desk today I will be posting the panel discussions that I moderated at the recent resource investing conference in Vancouver.

In this panel I am joined by Brent Cook, David Erfle, and Mickey Fulp to discuss the stocks that are bucking the trend in the sector and other stocks they are interested in.

Please let me know what you think – Fleck@kereport.com

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From:: The Korelin Economic Report

Societal Commentary – Sun 27 May, 2018

By Big Al Remember what Dr. Huber and I discussed on The Weekend Show?

Maryland police officer’s death ignites a racial firestorm
By Jean Marbella, The Baltimore Sun

Thanks to Listener Larry

BALTIMORE – It’s hard to think of a more volatile mix: Four young black males from Baltimore City, accused in the death of a white female police officer in Baltimore County. Authorities say three of the teenagers were breaking into homes when the fourth ran the officer over in a stolen Jeep.

Predictably enough, social media, call-in radio and other forums blew up. A sampling from the Baltimore County Police & Fire Facebook page:

“I was hoping they’d kill him during apprehension. What a waste of life. He’s currently breathing air some decent person could be breathing.”

“I personally am tired of good for nothing hood rats committing adult crimes and people STILL saying crap like, he had hard times growing up, society made him do these things because he had no role models.”

“I hope all you whites have the same level outrage next time one of your youths decide to shoot up a school of innocent children,” another wrote. “You all are a disgusting group of devils.”

No previous case has generated as much online reaction, county fire spokeswoman Elise Armacost said. Authorities pleaded repeatedly for civility, and county staff took down comments that contained profanity or were typed in all caps. But they have struggled to keep up with the avalanche of angry postings – many of which called for the accused driver to be hanged, shot, run over or raped.

“Sadly, these comments are a microcosm of the conflicts and lack of civility we see in the country right now,” Armacost said.

Stephanie DeLuca, a Johns Hopkins sociologist, has long studied Baltimore youth. She’s also the daughter of a 40-year veteran of the Chicago Police Department. She described the “absolutely awful” case as a kind of perfect, polarizing storm.

“It touches on all these intersections – of race, policing, city-county,” said DeLuca, co-author of the 2016 book “Coming of Age in the Other America.”

“Once fear is sparked, anger is sparked,” she said.

Authorities say the teenagers were burglarizing homes in Perry Hall Monday afternoon when Baltimore County Police Officer Amy S. Caprio approached the Jeep. They say driver Dawnta Harris, 16, of the Gilmor Homes public housing project in West Baltimore, ran her over.

a man wearing a suit and tie smiling at the camera: Officer Amy S. Caprio© Baltimore County Police Departme/Baltimore Sun/TNS Officer Amy S. Caprio
Caprio died a short time later. Harris and three other youths were charged as adults with first-degree murder.

That the black youths had driven to the county, populated in no small part by decades of white flight from the city, fueled heated exchanges online and over the airwaves.

Where some saw predatory “animals” and “thugs,” others saw demonization and a rush to judgment. Finger-pointing between city prosecutors and state juvenile officials only added to the fire.

“It’s time that we just turn the city over to the hoodlums and just let them annihilate themselves,” one commenter wrote on The Baltimore Sun’s Facebook page.

DeLuca said the anger obscures an important point: Most young people in Baltimore’s impoverished neighborhoods are going to school or working or both, not out on the streets and creating mayhem.

“They’re looking for something to do, something to be about,” she said. “This is about human development, personal development, and finding meaning and dignity, and these are in short supply in Baltimore.”

Instead, she said, it’s people like Harris, who authorities say fled home detention this month while awaiting sentencing for a car theft, who are “viewed as the norm.”

“The thing I think is important to remember is this is not the typical kid,” DeLuca said. “But no one wants to hear that in the face of this tragedy.”

And indeed, online comments tend to follow a pattern: A poster calls for the suspects to “ROT in prison & actually they should get the DEATH PENALTY!” Others chime in with similar proposals, until eventually someone demurs, perhaps expressing empathy for the youths’ families or pointing out that police have killed suspects but escaped accountability. Then that draws a backlash, and the cycle continues.

On the WBAL radio show hosted by Clarence M. Mitchell IV, callers have been talking about little else.

“You’re talking about a black young man from Gilmor Homes in a very, very white area, and a white female police officer – the racial dynamics can’t be eliminated,” said Mitchell, a former Democratic state senator and scion of a family of civil rights activists.

But he said “people who get involved with racial animus” now generally get called out for it, a change from the past.

Juvenile services secretary says Baltimore County officer’s killing shows youth justice system failed

He sees the real issue in this case as the failings of the juvenile services and juvenile justice systems. Harris had been arrested in several car thefts before Monday, and had been ordered on home detention this month.

“If we worry about some people’s language, we’re never going to help these kids. Let’s not be so defensive,” Mitchell said, “I’m sorry, at some point we have to stop being so sensitive. We are too worried about how we look as opposed to correcting this reality.

“The reality is we have a problem. We are a violent city. We have a dysfunctional juvenile justice system,” he said. “Those are the facts.”

Antero Pietila, who has written about the ways decades-old laws, racial covenants and red-lining created the segregation that persists in much of the Baltimore region today, said the reaction to Caprio’s death reveals the continuing tensions between the city and county.

‘Your client is a one-man crime wave’: Teen charged in Baltimore County officer’s death has lengthy juvenile record

“After white flight, a lot of people who moved to Baltimore County … felt victimized by blacks – ‘they made me move,’” said Pietila, author of “Not in My Neighborhood: How Bigotry Shaped a Great American City.”

“At stressful times, all these emotions come out,” he said. “These are not logical matters. These are matters where emotions rise, …read more

From:: The Korelin Economic Report

Weekend Show – Sat 26 May, 2018

By Cory댊 Hour 1 – The USD Impacting Emerging Markets and Metals

Download audio file (0526-KER-Hour-1-.mp3)

We hope everyone in the US has a great Memorial Day long weekend. This show we focus a lot on the USD move up in the past couple weeks and how it impacts other markets. Plus there is a lot to understand about the move up in the dollar. Listen in and please let me know what you think.

Please keep in touch by emailing me at Fleck@kereport.com. I love hearing about the companies you are all following and the questions you have about the sector!

  • Segment 1: We kick of the show with Bryon King and some “other metals” that have his attention.
  • Segment 2: Dan Oliver, Founder of Myrmikan Capital share his thoughts on the overall financial and banking system in the US.
  • Segment 3: I continue to chat with Dan Oliver but this time focus on the gold sector. We discuss the investors in the market and the main drivers he is watching for.
  • Segment 4: Chris Martenson from Peak Prosperity provides his insights on the emerging markets

Exclusive Company Updates, News, and Interviews


Segment 1

Download audio file (0526-1-1-1.mp3)

Segment 2

Download audio file (0526-1-2-1.mp3)

Segment 3

Download audio file (0526-1-3-1.mp3)

Segment 4

Download audio file (0526-1-4-1.mp3)

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From:: The Korelin Economic Report

Weekend Show – Sat 26 May, 2018

By Cory댊 Hour 2 – KER Politics

Download audio file (0526-KER-Hour-2.mp3)

  • Segment 5: Dr. Paul Kengor discusses his recent recent book called Dupes where is identifies some of his favorite recent people he feels were duped.
  • Segment 6: Big Al and Dr. John Huber discuss a potential solution to the problem of dramatic violence caused by shooters.
  • Segment 7: Big Al and Doctor Huber continue their discussion about dramatic violence.
  • Segment 8: Big Al and Jeff Pontius discuss the importance of investigating the political environment in the country where a potential investment is located.

Segment 5

Download audio file (0526-2-1-1.mp3)

Segment 6

Download audio file (0526-2-2-1.mp3)

Segment 7

Download audio file (0526-2-3-1.mp3)

Segment 8

Download audio file (0526-2-4-1.mp3)

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From:: The Korelin Economic Report

Jeff Deist of The Mises Institute – Fri 25 May, 2018

By Cory The USD As A Reserve Currency And What’s Keeping It There

Jeff Deist joins me today to recap a recent presentation he gave focused on the USD and it’s roll as the world’s reserve currency. We both believe it will not last forever in this roll but the options of what could take over are wide ranging. Listen in a let us know what you think.

Download audio file (2018_05_25-Jeff-Deist.mp3)

Click here to visit the Mises Institute website.

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From:: The Korelin Economic Report

Richard Postma – The Doctor Is In – Fri 25 May, 2018

By Cory Comments On Oil And Metals

Doc and I wrap up the markets this week with a discussion about the fall in oil today. Down over $3 we discuss what the future holds for oil prices. We then look to the metals markets and push back the timeline for a major metals pop. It is encouraging to continue to see higher lows but the lack of any breakout continues to shy investors away from the sector.

We hope everyone in the US has a great long weekend!

Download audio file (2018_05_25-Doc.mp3)

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From:: The Korelin Economic Report

Company Updates From Management – Fri 25 May, 2018

By Cory Fireweed Zinc – Answering Your Questions On The PEA

Vancouver, British Columbia / May 24, 2018 / JMN Wire / Fireweed Zinc (TSX.V: FWZ) has released results of its Preliminary Economic Assessment on the Macmillan Pass Project in the Yukon.

Highlights include a 4,900 tonne per day operation that would process over 32 million tonnes across a 19-year mine life, producing around 85,000 tonnes of zinc annually along with lead and silver.

At an 8% discount rate and using a spot zinc price of C$1.21 per pound, the study reports an after-tax Net Present Value of $448 million and an Internal Rate of Return of 24%. Estimated pre-production capital expenditures come in at $404 million, suggesting a payback period timeline of 4 years.

Initial operations would focus on the Tom West and Jason Main zones to reduce up-front capital costs. The Company says that significant upside potential remains as known zones remain open for expansion and numerous exploration targets across a vast land package remain undrilled.

I chat with Brandon Macdonald to answer some of your questions on the details of the PEA, and look ahead to what’s in store for the Fireweed as we move closer to drill season.

Download audio file (2018_05_25-Brandon-MacDonald.mp3)

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From:: The Korelin Economic Report

Dana Lyons Commentary – Thu 24 May, 2018

By Cory

USD Impacts On Emerging Markets and Commodities

The USD is pulling back today but during the run up in the past couple weeks emerging markets have been hit hard. On the other side commodities have held up well. Dana Lyons joins me to share his thoughts on the relationship between these markets. We also look at the US markets and the VIX.

Download audio file (2018_05_24-Dana-Lyons.mp3)

Here is a special that Dana is running that I recommend checking out…

If you’re interested in the “all-access” version of our charts and research, please check out our new site, The Lyons Share. You can follow our investment process and posture every day — including insights into what we’re looking to buy and sell and when. Plus, our SPRING SALE (25% OFF!!) is going on now so it’s a great time to sign up! Thanks for reading!

And here is the VIX chart we discussed.

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From:: The Korelin Economic Report

Craig Hemke from TF Metals Report – Thu 24 May, 2018

By Cory

The Fed Rate Hike Outlook and CoT Report Update

Craig Hemke joins me today to share his outlook for Fed rate hikes this year. After the minutes yesterday that were viewed as more dovish Craig thinks a total of 4 rate hikes this year is no longer on the table. We also recap the CoT report from last week where the commercial gross longs are at a historic level.

Download audio file (2018_05_24-Craig-Hemke.mp3)

Click here to visit Craig’s site.

Here is the chart of the gold price and timing of recent gross long commercial positions.

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From:: The Korelin Economic Report