Weekend Show – Sat 15 Jun, 2019

Hour 1 – The USD, Gold, and A Couple Gold Stocks

In the first half of this weekend’s show I focus on the US Dollar and the risk/reward balance for the US markets. The second half is dedicated to the metals however I spend most of the time discussing 3 junior stocks.

Please keep in touch by emailing me at Fleck@kereport.com. I love hearing from all of you.

  • Segment 1 – Marc Chandler, Managing Partner at Bannockburn Global ForEx joins me for an in depth look at the USD. Marc outlines three factors that have him thinking the secular bull market in the USD is coming to an end.
  • Segment 2 – This is an extended segment with Jesse Felder, Founder of The Felder Report. We start off with the risk/reward he sees in the Us markets then move in the metals sector.
  • Segment 3 – Jayant Bhandari shares his thoughts on Miramont Resources and McEwen Mining.
  • Segment 4 – David Erfle, Founder of The Junior Miner Junky attended a site visit for Cartier Resources this week. He shares his thoughts on the overall Company.

Exclusive Company Interviews and Comments This Week


Marc Chandler
Jesse Felder
Jayant Bhandari
David Erfle

Comments:
  1. On June 15, 2019 at 4:19 am,
    Ebolan says:

    Boys! He dances, he sings…and just for you…Mish Shadlock

    https://moneymaven.io/mishtalk/economics/bubbles-b-goode-musical-tribute-to-the-fed-xx-JGHIJa0GSl8B1LuFPjg/

    Can Mr. Big Al Korelin top that? Time for him to break out his dancing shoes…and mic.

    • On June 15, 2019 at 4:56 pm,
      Big Al says:

      Doesn’t look like the Miish I used to know. Is that really hom?

  2. On June 15, 2019 at 5:57 am,
    Wolfster says:

    Thanks as always gentleman for the great info…I’m down to being a weekend warrior so to speak. Work getting in the way of my following things well during the week..

  3. On June 15, 2019 at 6:12 am,
    Wolfster says:

    Hey Ex…..the pots are starting to get to better valuations(a nice way of phrasing a sell off)and you can see Planet 13 hasn’t been pulling back as far. I still like the US MSO’s going forward especially the ones who are not involved in production but just branding so costs are lower and they aren’t affected by the eventual lower margins created by low cost producers from Columbia. Also the oil extraction plays. I want nothing to do with producers. The only exception might be canntrust as I like their potential for being bought out by a big pharmaceutical but haven’t bought yet as I see it going potentially lower with all the others during the slow summer season

    • On June 17, 2019 at 10:22 am,
      Excelsior says:

      Wolfster -Thanks for the heads up on the cannabis sector. It was getting a bit frothy, so good to see a little gravity setting in. I’m wondering if we’ll see the M&A pick up in the sector later this year. There are so many names in the space competing for investors attention and funds.

      Much appreciated sir!

  4. On June 15, 2019 at 8:06 am,
    Nigel says:

    I do like Jayant Bhandari especially as he confirmed what I think is happening at McEwen which does seem on a bit of a road to nowhere

    • On June 17, 2019 at 10:24 am,
      Excelsior says:

      Now that MUX has pulled back substantially over the last year, and they’ve got their new gold bar mine into production in Nevada, I’m a bit more constructive on McEwen than I was last year.

      • On June 17, 2019 at 10:27 am,
        Excelsior says:

        They also have a ton of exploration projects in their pipeline, and the huge copper project that they are getting no credit for at present. I believe when the worm turns in the metals that MUX will also get a bid as a more liquid mid-tier producer stock on the big board.

        • On June 17, 2019 at 10:31 am,
          Excelsior says:

          Black Fox is coming around nicely and Rob & crew are doing a way better job running it than Primero ever did.

          Anothet kicker would be if they move on Great Bear Resources, as that would be a nice pipeline project, and Rob has a 14% stake in it.

  5. On June 15, 2019 at 8:15 am,
    cmc says:

    What’s the name of the stock Jayant mentioned just before Novo, that he said he liked? I can’t quit understand, but it sounds like maybe Auryn.

    • On June 15, 2019 at 9:29 am,
      RICHARD/DOC says:

      cmc, I couldn’t understand it well either but I agree that it sounded like Auryn.

      • On June 15, 2019 at 11:22 am,
        Nigel says:

        I thought he said Auryn as well

        • On June 15, 2019 at 12:42 pm,
          Jayant Bhandari says:

          I mentioned Irving Resources (IRV) (not Auryn). Cory and I have talked about IRV since they did financing at C$0.40 and then when they did it at C$1.10. Including the warrant, IRV has made about 20 times the money. While I like it and own a lot of it for I see a lot of potential upside, I am too scared to buy more at the current price. Temperamentally, I prefer to buy when others are not interested. That said, if the system below where they are drilling and the system at Omu Mine and Hokuri project area connect, this can prove to be a huge discovery, of high grade rock. In such a case a pull back, which I am desperately hoping for, so that I can accumulate more, might not happen.

          • On June 15, 2019 at 4:00 pm,
            bonzo b. says:

            I thought Jayant said “Irving,” not Auryn, but I would like to know his thoughts about Auryn even though I think he is wrong about MUX. I am a big fan of Rob McEwen who owns 77 million shares of MUX which he bought in the open market. He takes no salary or stock options. When MUX scores a big find in Nevada or at Black Fox and gold goes to 2K, don’t be surprised if MUX is a 20-bagger. Rob and I will be laughing all the way to the bank. I also own Auryn, Miramont, Novo, and Irving and have high hopes for all of them.

          • On June 16, 2019 at 6:30 am,
            (Rev) Andrew says:

            bonzo I remain a big fan of Auryn. Despite the suppressed share price ‘things have never been better’ according to Auryn’s CEO.
            https://youtu.be/gh9GUMNo70A

  6. On June 15, 2019 at 8:21 am,
    John Chew says:

    Dr. Felder: Yes S&P 500 market cap above US economy, but don’t the companies get 40% or more revenues from overseas so shouldn’t you incorporate global GDP?

    Cory: How can paper credit/money be considered capital? If the stock market goes to 0 and 14 trillion in dollars is 0, all the buildings, computers, etc. still exist.

  7. On June 15, 2019 at 6:32 pm,
    johnnygeneric says:

    Marc’s USD analysis is SPOT ON.

  8. On June 16, 2019 at 6:15 am,
    markedtofuture says:

    Deep State Tactics 101 Part III with Catherine Austin Fitts

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

  9. On June 17, 2019 at 4:00 am,
    markedtofuture says:

    US Govt’s Entire Russia-DNC Hacking Narrative Based On Redacted Draft Of Crowdstrike Report

    https://www.zerohedge.com/news/2019-06-16/us-governments-entire-russia-dnc-hacking-narrative-based-redacted-draft-crowdstrike

  10. On June 17, 2019 at 9:39 am,
    Silverdollar says:

    Thanks Cory for the interview with Jesse. Listening to his comments on the dollar particularly makes me think I’m in a very interesting Macro Econ course working on that MBA. So much good info. The world would be a bit better off if they spent less time scrolling their phones for the latest social media hit and listened and acted on the warnings from people like Jesse. Many of his thoughts parallel those of John Hussman but you get the idea far faster than reading John’s lengthy missives.
    Here’s another good listen on interest rate warnings by a former Fed employee, Danielle DiMartino-Booth: http://mp3.player.macrovoices.net/mvmp3player.php?mp3=https://www.podtrac.com/pts/redirect.mp3/www.macrovoices.com/podcasts/MVAllStars-2019-06-14-episode17-DanielleDiMartinoBooth.mp3