Exclusive Insights on the Gold Market – Fri 19 May, 2017

John Kaiser – Company updates and data on the total money raised in March

We have been pointing out that a lot of money has been raised in the mining sector but John Kaiser puts a number to it. Turns out the last time that amount of money was raised was back in 2011. John and I also discuss a recent site visit with Arizona Silver Exploration.

Click here to listen to our exclusive intro interview with Arizona Silver.

Click download link to listen on this device: Download Show


Featuring:
John KaiserCory Fleck

Comments:
  1. On May 19, 2017 at 6:45 am,
    spanky says:

    You think the miners know something? Pathetic performance.

    No bottom in miners until the Dow bottoms.

    In the next 3-4 weeks, we are going to get one or two weeks straight down in the miners. Whether that is a January ’16 style shakeout or resumption of the bear or much longer consolidation/basing is anyone’s guess.

    Hedge US stock positions by shorting mining stocks when your US stock position reaches nosebleed levels. And buy AMZN and GOOG on any red day.

  2. On May 19, 2017 at 6:54 am,
    spanky says:

    GCC is trying to make a recovery and paint a better weekly candle today. We’ll have to see how it closes but a close back over 19.14 would be good.

  3. On May 19, 2017 at 7:12 am,
    j says:

    well spanky if next weeks FOMC minutes cotinue to be hawkish followed by a hot NFP release the week after then a doveish ECB the following week and finally the following week another FOMC rate hike all these events will produce a much weaker $yen producing a lower gold.silver price taking the miners down retesting early May lows…..I can hear the cry of manipulation already.lol…..any two of the above events producing a shock like a really weak NFP and the big test of $1295..$1300 will be in play

    • On May 19, 2017 at 7:44 am,
      spanky says:

      I agree. For me the problem lies more in the monthly yen chart, which is bullish based on the long term moving averages. Based on history, that is what has set the overall trend in commodities. I am not saying commodities will necessarily crash, but they could go lower initially and then base for the next 20 years like they did between 1980 and 1998.

      Commodities are at a 40+ year lows. Yet, base money has exploded since the 1970s and we know what happened in 2008.

      To me the relative quantity of money has almost nothing to do commodity prices–clearly. It’s about the relative value of the dollar vs other currencies. If that is the case, the Fed tightening while the rest of the world eases or stands pat is not a good recipe for commodities. Sure we will eventually base out, but they could stay range bound for decades. The opportunity cost is clearly huge.

      The only thing that seems unstoppable is the US equity market. Heads I win, tails you lose over the 40 years.

      • On May 19, 2017 at 7:52 am,
        j says:

        20 year outlook!! heck man in todays global markets there are so many issues that could create game changing events as just looking backwards who knew of so many of the big moves based on events nobody thought possible

  4. On May 19, 2017 at 7:39 am,
    Matthew says:

    John Kaiser very recently said that the sector is in the second year of a new bull market and he is correct. A lot of people who don’t know what they are looking at will continue to miss out when the next move higher gets going.

    Stratagies for Finding Ten-Baggers: John Kaiser and Gwen Preston
    https://www.youtube.com/watch?v=IKSl1WoXSn0

    • On May 19, 2017 at 7:57 am,
      j says:

      and the #1 reason most will be left behind is because they are constantly reminded that the pm sector is manipulated by the big evil bullion banks….Matthew the gains we have in IPT certainly puts the manipulation BS in check….manipulate away as I took part in the financing at .30….#2 reason most will miss the move is they don’t know how to read a chart enjoying gains or on the sidelines while the big declines take place

    • On May 19, 2017 at 8:26 am,
      Matthew says:

      The irony that seems lost on the GATA types is the fact that there’d not be an opportunity in gold in the first place if not for distortions caused by government actions. The playing field has never been level and that spells opportunity for the speculators who understand.

      • On May 19, 2017 at 8:27 am,
        Matthew says:

        In other words, how can there not be permanent manipulation as long as the current fiat monetary system exists?

        • On May 19, 2017 at 8:37 am,
          j says:

          thats my point… learn how to play the game the central bankers have created instead of whining about it the SNB has bought an insane amount of US equities and they bought FR last year…if gold was truely manipulated it would never have broken above $400 anyone complaing about manipulation while last year many miners enjoyed 2-5-800% gains are idiots!

          • On May 19, 2017 at 9:05 am,
            Matthew says:

            I have never complained about manipulation but I have to point out the logical problem with the argument that because gold went up, it couldn’t have been manipulated. That’s like saying that because you can hear your car, it’s muffler is doing nothing. If you’ve ever heard a car without a muffler, then you know how absurd that is.

            So, logically, it is plausible that gold would have been much higher if not for efforts to cap price. Of course, plausible does not mean probable. That’s a separate debate.

          • On May 19, 2017 at 9:15 am,
            j says:

            short term trends in everything can be influenced by large players buying or selling positions against the normal short term trend but changing the overall direction by manipulators ….no chance

          • On May 19, 2017 at 9:38 am,
            Matthew says:

            I agree. They can’t eliminate cycles but they can take price higher or lower than it might have gone naturally and extend or shorten the life of a trend to some degree.

          • On May 19, 2017 at 12:21 pm,
            Robert Moriarty says:

            Matthew:

            Actually the message from GATA and the rest of the circus for years was that gold and silver were being suppressed. After I pointed out many times that if silver went from $4 to near $50 it was a meaningless suppression they changed their tune to “gold and silver are manipulated.”

            Which is about as meaningful as saying the sun rises in the east and sets in the west. But neither logic nor facts have ever altered GATA and their pet parrots.

            All financial markets are manipulated and it simply doesn’t make any difference. But you knew that all along.

    • On May 19, 2017 at 8:50 am,
      Excelsior says:

      +1 Matthew

      • On May 19, 2017 at 1:55 pm,
        Markedtofuture says:

        Bob, Ex… any thoughts on John Kaiser’s Bottom-Fish Mineral Mountain Resources?

        Bottom-Fish Comment – March 22, 2017: Recommendation Strategy for Mineral MountainResources Ltd. Mineral Mountain Resources Ltd is a new bottom-fish accumulation …

        https://secure.kaiserresearch.com/s3/Excerpt.asp?ReportID=783620

        • On May 19, 2017 at 2:41 pm,
          Excelsior says:

          Hi Markedtofuture – I wasn’t aware that Kaiser had added them to the Bottom-Fish list.

          I actually did look into MMV recently when some other investors private messaged me about them. From what I could tell they have been getting more attention lately as they have consolidated that land on the Homestake gold trend.

          Most of the “Drill play” junkies are watching with interest for their exploration program that kicks off later this year. I’ll need to take a closer look sometime, but I’m really backlogged reviewing the Explorers and have about 7 pages of them to sort through. I’ll give them another look-see this weekend though.

          Thanks for the heads up.

          • On May 20, 2017 at 1:22 am,
            Excelsior says:

            Here, as luck would have it, the MIF video for Mineral Mountain Resources is up:

            _______________________________________________________________

            (MMV) Mineral Mountain Resources Ltd. (Brad Baker)
            Metals Investor Forum May 2017:

            https://www.youtube.com/watch?v=PtKCFM10iwU

  5. On May 19, 2017 at 7:49 am,
    Paul L says:

    Now that Trump is away the market has a chance to rally back before he comes back and blows something else up.

  6. On May 19, 2017 at 7:52 am,
    spanky says:

    “when the next move higher gets going.”

    Maybe. But right now the monthly charts for many commodities and the yen strongly suggest that that move higher could be many many years away (decades).

    2016 looks like nothing more than a correction of $USDJPY in an ongoing bull market that began in 2011-12. We have a golden cross for the first time in at least 20+ years afterall. Conversely, the miners have a death cross on the monthly chart for the first time in at least 20+ years. Doesn’t bode well for a rocket ride.

    • On May 19, 2017 at 8:02 am,
      j says:

      perhaps spanky but there has been great swing trades regardless of gold and silver still 6 years later 35% and 65% off highs yet many miners have made new highs so dont get hung up on monthly charts

  7. On May 19, 2017 at 8:04 am,
    CFS says:
  8. On May 19, 2017 at 8:32 am,
    Matthew says:

    The following chart shows that there was nothing wrong with silver’s plunge versus gold yesterday. Perspective and context are everything…

    http://stockcharts.com/h-sc/ui?s=SLV%3AGLD&p=D&yr=1&mn=5&dy=13&id=p85468247398&a=521853037

  9. On May 19, 2017 at 8:33 am,
    Silverdollar says:

    So now we have J. Kaiser teaming up with Rick, suggesting a summer of more than doldrums for gold aficionados or at least a good possibility. Like the sound of that but I’m wondering if I’m simply searching for confirmation bias. No One really knows anything as a wise man once said.

    • On May 19, 2017 at 8:52 am,
      Excelsior says:

      Personally, I’ve got a nice exposure to the PM miners and would be happy if they got going ahead of schedule, but if they don’t and the Dec 2016 lows are tested in the miners and metals (and many stocks are getting down in that range) then I’ll be a buyer deploying more dry powder in that range. Cheers!

      • On May 19, 2017 at 10:38 am,
        Silverdollar says:

        Your thoughts are about the same as mine. Probably a little heavier in than one should be but in the end I expect things will work out fine.

        • On May 19, 2017 at 12:12 pm,
          Matthew says:

          I’m very heavily exposed because much of what I own is too illiquid to get out of. It’s not a good idea to dump 5% of the float on the market!

          • On May 19, 2017 at 2:45 pm,
            Excelsior says:

            Yes, please don’t do that in any stocks I own without a 3 day advance notice. 😉

  10. On May 19, 2017 at 8:41 am,
    Silverdollar says:

    As a nation of folks searching for greatness it seems we’re already rated #1 in at least one category: FAT. And, with or without Trump dragging us along, we’ll be even greater by 2030……47% obesity rates…….best in all the world!
    http://www.marketwatch.com/story/the-us-is-the-most-obese-nation-in-the-world-just-ahead-of-mexico-2017-05-19
    IMO, much of this is because of Ag policies over 40 years, subsidizing the sugar industry and corn growers! How else can it be read?

    • On May 19, 2017 at 11:54 am,
      GH says:

      Really makes me want to be locked into a socialized medical system so I can take care of all those who refuse to take care of themselves.

  11. On May 19, 2017 at 8:42 am,
    Bonzo Barzini says:

    Is it true that Alex Jones and Alex Korelin are the same person? You never see them together side by each.

  12. On May 19, 2017 at 8:55 am,
    CFS says:
  13. On May 19, 2017 at 9:05 am,
    spanky says:

    Smart money is shorting the crap out of miners on any strength:

    http://stockcharts.com/h-sc/ui?s=SIL&p=D&b=5&g=0&id=p26464575063&a=524757209&listNum=1

  14. On May 19, 2017 at 9:08 am,
    CFS says:

    An Anglo-Canadian description of the Comey -Trump fiasco.

    https://www.youtube.com/watch?v=LFw08ZKZvi8

  15. On May 19, 2017 at 9:10 am,
    Matthew says:

    The Canadian dollar is approaching what might be significant resistance:

    http://stockcharts.com/h-sc/ui?s=%24CDW&p=D&yr=1&mn=2&dy=13&id=p63185591133&a=524751879

  16. On May 19, 2017 at 9:41 am,
    spanky says:
  17. On May 19, 2017 at 9:49 am,
    CFS says:

    Danielle DiMartino Booth on Boom Bust RT

    https://www.youtube.com/watch?v=znd22FUNuGM

  18. On May 19, 2017 at 9:58 am,
    CFS says:

    Very Interesting!

    China, Japan Extract Combustible Ice From Seafloor
    By MATTHEW BROWN – Associated Press – Fri May 19, 4:48AM CDT

    BEIJING (AP) — Commercial development of the globe’s huge reserves of a frozen fossil fuel known as “combustible ice” has moved closer to reality after Japan and China successfully extracted the material from the seafloor off their coastlines.

    But experts said Friday that large-scale production remains many years away — and if not done properly could flood the atmosphere with climate-changing greenhouse gases.

    Combustible ice is a frozen mixture of water and concentrated natural gas. Technically known as methane hydrate, it can be lit on fire in its frozen state and is believed to comprise one of the world’s most abundant fossil fuels.

    The official Chinese news agency Xinhua reported that the fuel was successfully mined by a drilling rig operating in the South China Sea on Thursday. Chinese Minister of Land and Resources Jiang Daming declared the event a breakthrough moment heralding a potential “global energy revolution.”

    • On May 19, 2017 at 10:54 am,
      j says:

      thats it spanky as you can see $yen often leads the trend turn up and down as gold and yen are traded as currency now place a sma at 12 and your in during big runs up and out and protected during deep declines while all the pm sector experts remain constant buyers and whining during retracements…learn the game off chart trends and ditch your pm experts opinion based on ego not money flows!

    • On May 19, 2017 at 11:10 am,
      Matthew says:

      It looks like the miners lead the yen just as often as not.

      http://stockcharts.com/h-sc/ui?s=%24XJY&p=D&yr=1&mn=2&dy=0&id=p98367209645&a=524774642

      • On May 19, 2017 at 11:17 am,
        j says:

        look at the 2011 gold high $yen gave the warning just as it gave the buy signal Dec 19th 2015 starting the awesome run of 2016….$$$$$

  19. On May 19, 2017 at 10:35 am,
    Excelsior says:

    31 Fascinating Facts on the Early History of the U.S. Dollar

    BY JEFF DESJARDINSMAY 16, 2017 – The Visual Capitalist

    http://money.visualcapitalist.com/31-fascinating-facts-on-the-early-history-of-the-u-s-dollar/

    • On May 19, 2017 at 10:53 am,
      OOTB Jerry says:

      interesting and historical……being a currency collector for a number of years….the only one I have never heard was No. 15….

      • On May 19, 2017 at 2:48 pm,
        Excelsior says:

        I always wondered where the slang term “Buck” came from. It was an interesting piece.

  20. On May 19, 2017 at 10:45 am,
    Matthew says:

    It would be nice if SLV could manage to finish the week above the 89 week MA (currently 15.92).

    http://stockcharts.com/h-sc/ui?s=SLV&p=W&yr=4&mn=2&dy=0&id=p25827879980&a=515155278

  21. On May 19, 2017 at 10:50 am,
    confused says:

    Home “Crapital” continues to burn
    This just off the CBC wire

    http://www.cbc.ca/news/business/home-capital-friday-1.4123427

  22. On May 19, 2017 at 11:04 am,
    confused says:

    Matt + Ex+ Doc
    What are your thoughts on this guy’s TA/Cycles theory?
    https://goldtadise.com/?p=403102

    • On May 19, 2017 at 11:14 am,
      Matthew says:

      That’s a lot to look at but, after a skimming, I think I agree with the author on just about everything. Thanks for posting it; I will take a closer look.

    • On May 19, 2017 at 12:01 pm,
      brian says:

      The author (Graddhy) is perhaps the top poster on the GoldTent site. I read EVERY one of his posts (sometimes multiple times). He is a PM bull, but based on extensive and meticulous chartology, TA, and logic (read: Unemotional)

    • On May 19, 2017 at 11:46 pm,
      Excelsior says:

      I’ve always enjoyed the TA on GoldTent, and like the concept of Cycles Theory.

      In the past I’ve reviewed Graddhy’s posts before, and enjoy his analysis, along with S.P.O.C.K and FullGoldCrown on there.

      Graddhy’s commentary there on the PM markets seems spot on to me.

      Thanks for the post Confused!!

  23. On May 19, 2017 at 11:14 am,
    Paul L says:

    Oil has been looking strong to me even during that market fall. I have loaded up with 8500 XOP on the big dips. XOP is down over $10 from December. It is up 2.6% right now.

    • On May 19, 2017 at 11:24 am,
      j says:

      Paul create a weekly chart of $wtic with a 40 sma you will see its importance. make the chart 3 years in length you will see the resistance thru 2014-15 early 2016 and how the resistance is in play again this week

      • On May 19, 2017 at 11:34 am,
        Paul L says:

        I don’t expect a lot from oil. 53 to 54.50 could be achieved.

  24. On May 19, 2017 at 11:58 am,
    brian says:

    The Arizona Exploration story will be unfolding over the next month(yet oddly nor even being discussed in this comment section). Up +20% today.

    We should all thank Cory for introducing AZS on his show several weeks ago and by following up with other interviews and providing links.

    Cory, you are doing an EXCELLENT job researching and educating the KER listeners on individual PM companies. I especially like some of your guests that are new to KER (Jordan, Gwenn, David)

    Brian

    • On May 19, 2017 at 11:49 pm,
      Excelsior says:

      +1 Brian. I agree that Cory is doing a great job.

      Arizona Silver had quite a run today and was all the chatter on ceo.ca.

      Here’s a look back at the recent KER show where Cory had them on:

      The Korelin Economics report also issued an “Introduction to $AZS Arizona Silver Exploration” on Tuesday (04/11/2017)

      “In my on-going attempt to introduce new companies to all of you here is a look into Arizona Silver Exploration. This Company has been mentioned on the site but this was my first opportunity to bring them on the show. I was introduced to this story a couple months ago when the team was in the process of raising money. The $1.5 million was raised and now the Company has a plan to explore a past producing mine in Arizona.

      Greg Hahn, President and CEO as well as Mike Stark, Chairman and Director take time to answer my questions.”

      http://www.kereport.com/2017/04/11/introduction-arizona-silver-exploration/

      • On May 19, 2017 at 11:50 pm,
        Excelsior says:

        Gwen Preston on Top Picks Jay Taylor Media
        Apr 11, 2017

        “Jay Taylor interviews Gwen Preston. She explains why she favors Bonterra Resources, Arizona Silver Exploration, Atlantic Gold Corp. and Integra Gold Corp.”

        https://www.youtube.com/watch?v=7HoqJIz48Z0

        • On May 19, 2017 at 11:51 pm,
          Excelsior says:

          (AZS) Arizona Silver Exploration – Large Open Pit Silver Target in Arizona
          InvestingNews – Feb 14, 2017

          “Arizona Silver Exploration (TSXV:AZS) holds the Ramsey Silver Project, which includes the historic Ramsey mine, in the mining-friendly jurisdiction of Arizona.”

          https://www.youtube.com/watch?v=FbUAGrQi5kA

          • On May 19, 2017 at 11:53 pm,
            Excelsior says:

            (AZS) Arizona Silver Exploration – (same title as above but different VIDEO)
            InvestingNews – Mar 1, 2017

            “Arizona Silver Exploration $AZS holds the Ramsey Silver Project, which includes the historic Ramsey mine, in the mining-friendly jurisdiction of Arizona. Ramsey hosts a polymetallic system of predominantly silver with potential lead-zinc by-products and recently identified anomalous to economic concentrations of gold”

            https://www.youtube.com/watch?v=KDoXOAsvqEM

    • On May 19, 2017 at 11:54 pm,
      Excelsior says:

      PS – I posted a ton of Gwen Preston, Jordan Roy-Byrne, Jay Taylor, Brien Lundin, Sean Brodrick videos on Doc’s Editorial from today.

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