Craig Hemke from TF Metals Report – Fri 6 Dec, 2019

Wrapping up a volatile week for markets and metals

Craig Hemke joins me to wrap up the week where we saw markets start poorly but finish strong and the inverse happen for the safe assets. The strong jobs report can be used as a reason but there is a bigger trend of buy the dip for risk on equities as we near the end of the year.

Click here to visit Craig’s site – TF Metals Report.

  1. On December 6, 2019 at 2:55 pm,
    cfs says:

    “It’s been a year since there’s been a Q.E.”

    A rose by any other name smells just as sweet.

    What do you think term repo is ?

  2. On December 6, 2019 at 3:01 pm,
    cfs says:

    We have a repo problem, because the rules on reserves were changed for funds’ liquidity, allowing for investment of what previously was required for reserves.

    So funds invested reserves, which caused the liquidity crisis.

    So now liquidity is provided by overnight and term repos.

    And NOTHING has been done to minimize the derivative problem which overhangs all.

  3. On December 6, 2019 at 3:07 pm,
    cfs says:

    sprott money news weekly wrap up

  4. On December 6, 2019 at 4:08 pm,
    Excelsior says:

    (LIO) (LOMLF)Lion One Announces Completion of $11.5 Million Brokered Private Placement of Units

    by @newsfile on 6 Dec 2019

    • On December 6, 2019 at 4:12 pm,
      Excelsior says:

      (MAI) (MAIFF) Minera Alamos Announces C$14 Million Royalty/Equity Construction Package with Osisko Gold Royalties

      by @newsfile on 6 Dec 2019

      • On December 6, 2019 at 4:16 pm,
        Excelsior says:

        @Goldfinger – “I think the best lesson from watching/owning $MAI in 2019 has been an example of what it looks like for a junior mining company to execute according to plan and hitting milestones on timelines as laid out by the company. I believe this is why the market has rewarded the Minera Alamos share price so nicely. Something a lot of other management teams in this sector could learn from. @TheGalvanizer is also teaching us what a great promoter he is ;)”

        @The Galvanizer is Doug Ramshaw, BSc, ARSM – President & Director

  5. On December 6, 2019 at 6:00 pm,
    monty bissett says:

    I’m surprised Korelin is missing out on a huge story in the Abitibi. I realize not as sexy as Novo but quite a story. 3.5 years ago Balmoral sold a tiny section of their land to Wallbridge. A company worth best guess 15 million. Bar got aprox 4 million cash and a royalty plus a couple million shares that they quickly sold off just to make sure the transaction turns out to be as painful as possible. The property called Fenelon. The whole growth in Wallbridge has been derived from Fenelon property. Eric Babe Ruth Sprott has taken it to another level. Up till a few days ago owned 25% of Wall. I think EBRS put KL on the Detour story or at very least gave it a blessing. He has now taken a position in Balmoral and lifted that stock dramatically. Kory asked Daren Wagner a direct question about a MRE at Martiniere. That was a couple weeks after Erfle had dropped a number on Kory as he suggested DW had given him over dinner at a conference. The amount of BS DW shovelled to both parties hurt the company dramatically. Balmoral surrounds Fenelon has had spectacular gold assays over the years with a billion MRE at Mart. Also sitting on a billion of high grade Ni for EV market still open. Balmoral also borders Detour with much higher grade. I’m sorry folks have gotten burned by mgt in the past, so hopefully the BS is behind us and every statement going forward will be based on honesty

  6. On December 6, 2019 at 6:01 pm,
    monty bissett says:

    WM value today just under 1/2 billion