Weekend Show – Sat 29 Jun, 2019

Hour 1 – Making Sense Of Risk On and Risk Off Testing Highs

Full Hour Show

We are not half way through 2019 and we are seeing US markets near all time highs, yields closing in on historical lows, and gold breaking to 6 year highs. In the first hour we try to make sense of it all. Plus we have some comments on gold stocks and the oil market.

Happy Canada Day to all our listeners up north and a happy 4th of July to everyone in the US.

Please keep in touch by emailing me at Fleck@kereport.com.

  • Segment 1 – Extended Segment – Rick Bensignor, Founder of Bensignor Investment Strategies weighs in on the US markets, treasuries, and gold.
  • Segment 2 – Marc Chandler, Managing Partner at Bannockburn Global ForEx thinks we are at peak easing expectations and this could all play into the bigger picture for stocks.
  • Segment 3 – Sean Brodrick, Editor over at Weiss Ratings shares what he looks for in gold stocks and cannabis stocks.
  • Segment 4 – Josef Schachter, Founder of the Schachter Energy Report updates us on his trading strategy for oil and oil stocks.

Exclusive Company Interviews and Comments This Week


Rick Bensignor
Marc Chandler
Sean Brodrick
Josef Schachter
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Comments:
  1. On June 29, 2019 at 4:57 am,
    cfs says:

    The US debt is so large that the Fed has no choice but to reduce interest rates.
    As it fails to find buyers for bonds, the Fed will monetize, and consequently the dollar will drop. (Certainly in purchasing power, and possibly against other currencies; depending on what other countries do.)
    Low interest rates WILL allow the bubbles to grow bigger.
    The Stock Market is in bubble territory, but will grow until the bubble bursts.

  2. On June 29, 2019 at 5:50 am,
    Snowy says:

    From CoT, commercials are net short by over 300,000 now

    • On June 29, 2019 at 5:39 pm,
      cfs says:

      I assume its\’s gold, not silver. ??

  3. On June 29, 2019 at 8:28 am,
    b says:

    Good show Cory thx.

  4. On June 29, 2019 at 8:43 am,
    cmc says:

    I really appreciate Rick Bensignor’s comments, especially.

  5. On June 29, 2019 at 12:03 pm,
    Matthew says:
  6. On June 29, 2019 at 12:30 pm,
    Matthew says:

    Important breakout for GDM
    The close above the upper speed resistance line indicates a trend reversal:
    https://stockcharts.com/h-sc/ui?s=%24GDM&p=W&yr=5&mn=0&dy=0&id=p26731254038&a=668849793

    (The move above the middle speed line way back in January told us that this move was likely.)

  7. On June 29, 2019 at 12:49 pm,
    Matthew says:

    Gold is up significantly versus the dollar and the gold miners are up significantly versus gold. This is bull market action.
    GDM:Gold…
    https://stockcharts.com/h-sc/ui?s=%24GDM%3A%24GOLD&p=D&yr=0&mn=9&dy=0&id=p99199771111&a=669747186

    • On June 29, 2019 at 2:40 pm,
      Big Al says:

      Do you actually think that the upcoming gold market, as you call it, will have any legs!

      • On June 29, 2019 at 3:55 pm,
        Matthew says:

        Yes. Do you actually not think so?

        • On June 29, 2019 at 3:56 pm,
          Matthew says:

          But the gold miners will blow gold away.

      • On June 29, 2019 at 9:31 pm,
        Ozibatla says:

        Al your question inadvertedly raises another question: Are you sceptical of golds move up?

  8. On June 29, 2019 at 2:57 pm,
    markedtofuture says:

    June 27 Weekly Crypto Review with MooAnt and Samantha Jane

    https://www.youtube.com/watch?v=wZx18s0aPNU

  9. On June 29, 2019 at 3:00 pm,
    markedtofuture says:

    SerialBrain2: Iran and the reason Trump misspelled “locked”, “site”…

    https://www.youtube.com/watch?v=d-QWR6j-y4c

    • On June 29, 2019 at 3:43 pm,
      OOTB Jerry says:

      Thanks for posting……Nice background on IRAN….and CIA….Always about the OIL….

      • On June 29, 2019 at 3:48 pm,
        OOTB Jerry says:

        Owl….this would be good background info….JMO
        You do not have to think to much about the Q, as a conspiracy…., but, just the info
        is valuable …..JMO

        • On June 29, 2019 at 3:50 pm,
          OOTB Jerry says:

          If, one can think in terms of OIL…..and the money….and power….it all starts to tie together….This has been going on a LONG TIME>>>>

          • On June 29, 2019 at 4:21 pm,
            markedtofuture says:

            The pillaging of Iraq’s central bank and the missing $21 trillion = same players?

            https://usawatchdog.com/21-trillion-missing-u-s-government-a-criminal-enterprise-catherine-austin-fitts/

          • On June 30, 2019 at 8:09 am,
            OOTB Jerry says:

            Up to date figures are higher….according to the latest comments by Fitts……
            the amount is more like $50 Trillion….
            BTW…..thanks for posting the 2nd PART….more people should get a handle on the HISTORY of IRAN……FACT….NOT Opinion….

  10. On June 29, 2019 at 3:47 pm,
    markedtofuture says:

    SerialBrain2: Trump, the Cabal and the Shocking truth about Iran. (Pt. 2)

    https://www.youtube.com/watch?v=FoeGqfKI2mY

    • On June 30, 2019 at 12:06 pm,
      OOTB Jerry says:

      Simply amazing…….people are not commenting on this subject……
      At least part 1….

      • On June 30, 2019 at 1:24 pm,
        markedtofuture says:

        It is what it is.

  11. On June 29, 2019 at 9:10 pm,
    Matthew says:

    Gold made new all-time highs versus commodities (CRB) in each of the last 2 weeks and looks like it is going higher.
    https://stockcharts.com/h-sc/ui?s=%24GOLD%3A%24CRB&p=W&yr=5&mn=0&dy=9&id=p82313666589

    • On June 29, 2019 at 9:12 pm,
      Matthew says:

      Gold vs CRB also put in its highest ever monthly and quarterly closes on Friday and is a “buy” on both charts.

  12. On June 29, 2019 at 9:18 pm,
    johnnygeneric says:

    I’m looking for oil to reach between $40 and as far as $20.

    • On June 29, 2019 at 9:55 pm,
      Ozibatla says:

      Geez I hope your right johnny. Would give us some nice relief here in Aus. On average around $1.40 p/litre is still to high and thats after a 20-30cent reduction.

  13. On June 30, 2019 at 1:25 pm,
    markedtofuture says:
  14. On June 30, 2019 at 4:25 pm,
    Charles says:

    Cory – Thanks for the great show! Thanks for having Rick back on. I like his broad view of the markets.

    • On June 30, 2019 at 8:08 pm,
      Ozibatla says:

      Bit of an ugly retracement here for gold with the yellow metal now more than $50 off last tuesdays high. What was formerly long term resistance has now got to act as long term support for gold otherwise this rally may count for nothing. Not saying that will happen but the correction to the downside seems a little over exaggerated at this early stage.

      • On June 30, 2019 at 8:28 pm,
        OOTB Jerry says:

        Do not worry……….just light trading in early hours, of a holiday …..
        Harry O called it last week……..

      • On June 30, 2019 at 8:39 pm,
        Matthew says:

        It might be ugly but I like it. Scary pullbacks are a must for the health of any strong bull and this one hasn’t even managed a normal/conservative 38.2% Fibonacci retracement.
        What I like about it is that it is happening very quickly. Such action is meant to shake out weak hands. Slow declines with plenty of “backing and filling” are meant to keep weak hands hopeful, holding long and buying.
        Last week’s COT report was as of Tuesday, the day of the high. Considering the size of the move, I was surprised it wasn’t worse. Now that gold has dropped almost $60, I’m betting that it has improved a lot.

        • On July 1, 2019 at 1:23 am,
          Ozibatla says:

          Good points Matthew. I hope it comes to pass.