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Base Metals, Gold, and Uranium – What Actually Matters

Cory
September 27, 2018

Lobo Tiggre, Founder of The Independent Speculator joins me to share his thoughts on a range of resources. We start with base metals and how the trade war fears are impacting price. China is also considered on the demand front. We then switch to gold and its inability to rebound after the summer drop. Finally a sector that is moving up is uranium but Lobo points out there is still plenty of room to the upside.

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Discussion
29 Comments
    Sep 27, 2018 27:38 PM

    This would be a good time for gold to catch a bid:
    http://schrts.co/nqL8dv

      Sep 27, 2018 27:39 PM
      Sep 28, 2018 28:57 AM

      I think you are correct…………gold should be getting a bid………..

          Sep 28, 2018 28:17 AM

          So, who’s taking advantage of this weaker gold price?

          The Global Central banks – but specifically the Emerging Markets.

            Sep 28, 2018 28:20 AM

            Gold has long-term support for higher prices. . .

            That’s because Central Banks are now net-buyers (specifically the Emerging Markets). And ‘peak gold’ production is over – mine output continues declining as major gold deposits dry up worldwide.

            Due to these two facts; the fundamentals for gold looks exceptionally strong from the increased demand and declining supplies.

    Sep 27, 2018 27:01 PM
    Sep 28, 2018 28:09 AM
      Sep 28, 2018 28:13 AM

      As UBS further notes, last year the house price boom in key cities was already losing intensity and scope. Inflation-adjusted prices declined in almost half of the cities analyzed, which prompted UBS to warn that returns of owner-occupied homes in the next few years is questionable.

    Sep 28, 2018 28:42 AM

    Silver looks a lot better than gold:
    http://schrts.co/8GGswu

    Sep 28, 2018 28:02 AM

    The Canadian dollar is up sharply even thought the USD is also up. Just wait till the USD has a bad day…
    http://schrts.co/Wzw26P

      Sep 28, 2018 28:04 AM

      It just might close the week above the 200 week MA for the first time since April. This action is friendly to the PM miners.
      http://schrts.co/M5WAeF

        Sep 28, 2018 28:13 PM

        Matt:

        We really owe a debt of thanks to Bill for pointing out the metals were about to move much higher. His timing is always almost perfect.

          Sep 28, 2018 28:34 PM

          I don’t know what we’d do without him!

    Sep 28, 2018 28:15 AM

    Off topic, but I don’t think I can support Kavanaugh anymore. https://www.americamagazine.org

      GH
      Sep 28, 2018 28:36 AM

      No offense, Snowy, but this opinion from the Jesuits is just AWFUL.

      Why not just say, “The Democrats have succeeded in muddying the waters sufficiently that it would be best to throw in the towel”?

      I believe Rs were justified in stonewalling Garlands nomination, as it is an outrage for a country that is 2% Jewish to have 44% representation on the Supreme Court, which it would have been with Garland.

        Sep 28, 2018 28:11 PM

        Snowy:

        I’m not sure the Catholic church would be the best place to get any sort of advice on sexual matters unless you like little boys and girls.

    Sep 28, 2018 28:22 AM

    Today I am celebrating the 85th birthday of Brigette Bardot, French patriot. Vive Bardot!

    Sep 28, 2018 28:08 AM
    Sep 28, 2018 28:32 AM
    Sep 28, 2018 28:51 AM

    Silver found support where it should have and now looks very appealing:
    http://schrts.co/FAwCZE

    Sep 28, 2018 28:55 AM

    Is the Dow heading for 31,000+? I don’t think so buy that’s what the P&F chart for Dow etf DIA suggests.

      Sep 28, 2018 28:57 AM

      To be clear, the P&F chart for the Dow itself is not confirming the DIA P&F chart.

    Sep 28, 2018 28:15 AM

    So far, today has just been a gap-filling exercise for GLD. We need more than that!
    http://schrts.co/FrdMwY

    Tom
    Sep 28, 2018 28:12 PM

    long XENE