Hour 1 – Filtering through misinformation for metals investors
It was a bit calmer this week for the markets. However COVID-19 continues to spread and the hope of us being able to get back to the way life was at the beginning of the year has been pushed back even further. Economic data is shattering records to the downside with no end is sight.
On the first hour we try to make sense of the world we are living in from an economic and financial standpoint.
Please keep in touch by emailing me at Fleck@kereport.com. I hope you all have a good weekend and manage to do something to distract yourself from all this negative news.
Segment 1 – Trader Vic kicks off the first hour by sharing his outlook on the virus that has shutdown most of the world and the fallout that will come from everyone staying at home.
Segment 2 – Jeff Christian joins me to an extended discussion on the internal workings of the metals markets. We focus on three main points that need to be understood by investors as to what will drive price int he near and long term.
Segment 3 – Joe Mazumdar shares the types of companies he is investing in currently and if he sees the M&A picking up anytime soon.
Segment 4 – We get an update from GR Silver Mining (TSX.V:GPLY & OTCQB:GLYXF) regarding the deal with First Majestic to acquire the Plomosas Silver Project. Marcio Fonseca, President and CEO takes us through he deal and the work the Company is planning moving forward.
Exclusive Company updates and interviews this week
Hour 1 – Wide Ranging Opinions On What The Economy and Daily Life Will Look Like After COVID-19
With most of the world shutdown I hope you all are dealing with being home hoping this virus passes sooner rather than later.
I really appreciate all the emails that have come in and all of you who tuned in over the week (included the webinar on Thursday). Please keep the emails coming. I’m at home working all the time with my wife and daughter all trying to make the best of this situation.
This weekend’s show is focused on what everything from the economy to our daily life will look like when we have COVID-19 behind us. All of the perspectives are from a financial and economic perspective.
Segment 1 – Peter Boockvar, Chief Investment Officer at Bleakley Advisory Group kicks off the show with a look at how daily life could change. I ask if only the large companies will be able to survive this shutdown. Click here to visit The Boock Report website.
Segment 3 – Marc Chandler, Managing Partner at Bannockburn Global ForEx share his insights on how this shutdown impacts the banking sector and currency markets. Click here to visit Marc’s daily blog.
Segment 4 – Rick Bensignor, Founder of Bensignor Investment Strategies deals with large hedge funds so we discuss how this major market players are operating during this time. He has some very interesting information on the lack of liquidity in the markets currently.
What will it look like this time when governments and central banks paper over everything?
Brian Leni joins me to kick off today with a discuss about the massive amount of money governments and central banks are committing to businesses and individuals. We have no idea when this isolation will end but there is no doubt the economy will be severely hit for every week an month this lasts.
Still worried about the markets and overall world? We try to look ahead to when we turn the corner to better times.
Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show joins me to first look ahead to when we turn the corner from the economic shutdown. We discuss the sectors that he thinks will bounce back strongest.
We then move to a longer term look at the markets, damage done to the markets and economy, and government funding plans. It remains a scary world for everyone.
Everything moving higher, look as the spread between gold futures and spot
Ed Moya, Senior Market Analyst at OANDA joins me for a broad look at the markets and gold. A nice recovery day across the board possibly being driven by optimism that governments around the world are going to some funding packages out soon.
As for gold there is a wide spread between spot and the futures markets. Ed and I discuss what this is telling us about the market. No matter how you look at it the precious metals are off to a historic start to this week.