Hour 1 – Gold and the USD plus an update from Auryn Resources on the Eastmain acquisition
It was another good week for precious metals even with the selloff on Friday. Gold and silver might be starting a correction but it is coming from a level much higher than most analysts thought.
I spend this weekend’s show focused on the precious metals and other factors that matter most for the markets.
Please keep the emails coming to Fleck@kereport.com. I love hearing from all of you!
Segment 1 and 2 – Peter Boockvar, Chief Investment Officer at Bleakly Advisory Group, kicks off the show with his thoughts on the main factors driving the markets. Inflation expectations and central bank policy are key. We relate how these are driving the trade into precious metals. Click here to visit Peter’s website – The Boock Report
Segment 3 – Marc Chandler, Managing Partner at Bannockburn Global ForEx is next up to focus on US Dollar and Gold. Friday was a key reversal day for both but these trends are still very much in place. Click here to visit Marc’s blog – Marc to Market.
Lots to touch on this week – Strong bond auctions, a weak PPI number, upcoming Earnings Season, and precious metals moves
Chris Temple joins me today to wrap up the week for the bond market and US economic data, plus a look ahead to the upcoming earnings season. It’s all about forward guidance from companies for the rest of year that will result in volatility and could finally lead to a pullback in markets.
Gold moving higher is telling us a different story from the oil and copper rebound
Joel Elconin is with me today for a look at markets and metals. We start with the comments from Chinese media that was very market supportive/bullish. This was benefiting the market through most of today.
We then move to the metals sector. Gold continues it breakout while oil and copper have rebounded very strongly from the March lows. These assets are telling two very different stories when it comes to the expected economic rebound.
Hour 1 – Markets and Metals – The Relationship Between Gold Stocks and the US Markets
Thank you everyone for the all the emails throughout the week on companies you are interested in. There’s clearly a lot of interest and excitement for the sector. Finally! I’m working on getting back to everyone and setting up calls with the companies. Please keep the emails coming to Fleck@kereport.com.
If you are interested in Great Bear Resources I am hosting a webinar with the President and CEO Chris Taylor on Tuesday, June 30th at 2pm PT. We will be focusing on the recent drill results and getting more details on the drill plans for the rest of the year. He will also be fielding your questions.
On this weekend’s show I focus on the current relationship between precious metals stocks and the US markets. I have a wide range of guests sharing their thoughts on what the key drivers will be through the election.
Segment 1 – Trader Vic Sperandeo kicks off the show by focusing on how the Fed policies are supporting the markets.
Segment 2 – Mike Larson is up next to dive into the internals of the US markets. We also look at what gold and bonds are telling us actual money flows.
Segment 3 and 4 – I have a round table discussion with Chris Temple and Rick Ackerman. We touch on everything from the US election’s impact on the markets, gold’s test of $1,800 this week, and the inflation/deflation debate.
US/China Trade Comments and PMI Data – Markets Moving With An Inflationary Bias
Chris Temple joins me today to recap the back and forth comments on US/China trade from Peter Navarro and President Trump. The downbeat comments by Navarro dropped futures and global market late yesterday but Trump’s more positive comments turned them all around in time for today’s open. We also have some PMI numbers that were a little better than expected.
Overall markets are moving to a more inflationary trade as US markets and gold and gold stocks are moving higher with the US dollar dropping again.
Hour 1 – Extended Interviews with Rick Bensignor and Joe Mazumdar
This week I’m featuring Rick Bensignor and Joe Mazumdar, both with extended interviews!
Segments 1 and 2 – With Rick Bensignor, we dive into and the macro-economic factors that are impacted investment decisions in the US. He shares some of his recent positions and where he stands now for US markets, gold, silver, and the USD dollar.
Joe Mazumdar we discuss general portfolio management for a precious metals investor when the whole sector is moving higher. We look at everything from exploration to development companies and share some thoughts on marginal assets.
A Reflationary trade on the back of Powell’s comments
Chris Temple kicks off today by recapping the pop yesterday in a wide range of assets and move higher in the major averages. We also discuss the action in gold stocks and gold which continues to be very encouraging.
TG Watkins, Director of Stocks at Simpler Trading joins me to share his thoughts on the market moves today. Pretty much everything is moving higher today on the back of more optimism for a vaccine and more central bank money printing.
The Fed Funds rate went negative for the first time ever
Criag Hemke joins me for a quick comment on the Fed Funds rate dropping into negative territory for the first time ever. This helped provide a bump in most asset classes but the precious metals and PM stocks are outperforming.
Upcoming Webinar – May 8th @ 12pm PDT (3pm EDT) – TriStar Gold. The Company owns 100% of the Castelo de Sonhos gold project, located in Pará state, Brazil. The Company has recently completed a US $8 million finance with Royal Gold Inc. with proceeds used to advance the project to completion of a feasibility study in 2020.