Lobo Tiggre - The Independent Speculator – Wed 11 Mar, 2020

The good and bad news for metals investors in this time of market panic

Lobo Tiggre wraps up our editorials today by looking at the big picture for metals stocks. With everything selling off huge today, the major gold producers have a near perfect storm (in a good way) to help boost their profitability. It doesn’t mean that these stocks will rebound tomorrow but history has shown us that metals stocks bounce back quickly when a turn or sense of calm enters the markets.

Click here to visit Lobo’s site and read over his free content he refers to in the interview.


Comments:
  1. On March 11, 2020 at 2:34 pm,
    Dick Tracy says:

    If we see bankruptcy’s, people losing their jobs, suspending payments of debt, the business world could roll over like a row of tenpins. When one employee loses his job it affects two other jobs in the service sector and it decreases the potential buying power of the country. With oil collapsing and silver down in price what we could really be witnessing is a deflationary cycle, not 2008. DT

  2. On March 11, 2020 at 3:14 pm,
    Marty says:

    We are just 11or 12 trading days in this downdraft, whereas in 2008, that episode down was well over 6 months for the mining sector.

    • On March 11, 2020 at 3:47 pm,
      Dick Tracy says:

      Marty, this is not 2008. If you lived in Canada during or after 2008, we did not have a housing correction, period. This time we are sky high in debt at all levels of life. I think this time will be much more like 1929. DT

      • On March 11, 2020 at 4:57 pm,
        Marty says:

        I don’t disagree,I’m only 34% invested right now

  3. On March 11, 2020 at 3:38 pm,
    OOTB Jerry says:

    Fear Not……….

  4. On March 11, 2020 at 3:49 pm,
    OOTB Jerry says:
  5. On March 11, 2020 at 3:50 pm,
    OOTB Jerry says:

    Well, ………..what can you say……..HUMAN LAB RATS…….
    https://www.zerohedge.com/markets/attention-broke-millennials-lab-will-pay-you-get-infected-covid-19
    As GreatGameIndia.com details, in a $2 billion race to find a vaccine various companies are infecting humans with Coronavirus for clinical trials. A medical research firm based in the U.K. is offering more than $4,500 to individuals willing to serve as guinea pigs and be injected with two strains of Coronavirus similar to COVID-19 in a bid to find a vaccine for the new deadly virus. In the U.S., another firm is seeking participants for a COVID-19 vaccine study, but the pay is not as high, nor as quick, nor as risky.

  6. On March 11, 2020 at 4:59 pm,
    bonzo says:

    I would not take a Wu flu vaccine for a million bucks.

    • On March 11, 2020 at 5:09 pm,
      james says:

      You will miss the ID 2020 ! Wu fu bonzo !

  7. On March 11, 2020 at 5:41 pm,
    OOTB Jerry says:

    Look for gold to crash on FRIDAY………CME……will close the trading floor……according to reports at zerohedge………..LONDON will Take it DOWN……..JMO
    https://www.zerohedge.com/markets/cme-close-chicago-trading-floor-friday-13th

    • On March 11, 2020 at 6:45 pm,
      OOTB Jerry says:

      Well………..All travel to Europe……..CLOSED…….for the next 30 days………this should be real interesting……

      • On March 11, 2020 at 6:58 pm,
        james says:

        Don’t Com to Europe you only see I PHONES whit migrins & migrans !

    • On March 12, 2020 at 8:58 am,
      OOTB Jerry says:

      OOPS A DAY EARLY>>>>>>>>>>.LONDON BOYZ………..right on time…….same time ….same action……wash and repeat……….

  8. On March 11, 2020 at 5:44 pm,
    OOTB Jerry says:

    Convenient……..HUNTER BIDEN ……….does not have to show his tax records. in court……Ukraine working overtime….
    https://www.zerohedge.com/political/hunter-biden-settles-baby-mama-after-judge-rejects-coronavirus-excuse

    • On March 11, 2020 at 5:45 pm,
      OOTB Jerry says:

      On Wednesday morning, lawyers for plaintiff Lunden Alexis Roberts alerted the judge that they had reached a final settlement with Biden that, pending court approval, will end the nearly 10-month-long legal battle.

      “Late last night, after the court entered the order, we reached a global, final settlement of all issues,” Roberts’s lawyer wrote in an email to Judge Meyer.

      • On March 11, 2020 at 5:48 pm,
        OOTB Jerry says:

        If, his tax records could be exposed………he would either have to lie , concerning the amount of money he made from the Ukraine Corporation……or……face false reporting to the IRS……Stinky Joe and Son………

        • On March 11, 2020 at 6:01 pm,
          OOTB Jerry says:

          Follow up by RUDY………..$3.5 BILLION MISSIng……in Ukraine BIden associated.
          https://www.youtube.com/watch?v=7zDzM9xYJKU
          ALL AMERICANS SHOULD BE PISSED………

  9. On March 11, 2020 at 7:06 pm,
    OOTB Jerry says:

    Summary:

    WHO declares Covid-19 is a pandemic
    President Trump declares a travel ban from all European countries (not UK)
    Tom Hanks, wife announce they have the Coronavirus
    NBA suspends all games until further notice
    Utah Jazz player Rudy Gobert has tested positive for coronavirus.
    LA confirms first death
    Seattle schools close for two weeks
    Italy closes stores
    MGM says guest at Vegas’s ‘The Mirage’ tested positive
    Denmark closes schools, will send ‘non-critical’ public employees home to work
    New Jersey case total climbs to 23
    Juve player Daniele Rugani
    DC Mayor declares public health emergency
    Congressional doctor says up to
    Cuomo confirms 39 new cases in NY, raising total to 212
    First death in Indonesia
    Confirmed cases in France top 2,000
    Washington State to ban events over 200
    Details of cruiseline industry’s ‘health and safety proposal’ leak
    ‘Waffle House’ employee in Atlanta confirmed
    UK reports 7th death
    Chicago cancels St. Paddy’s Day parade
    NY sends in National Guard
    IADB cancels meeting in Colombia as virus spreads across Latin America
    Mnuchin says first part of virus stimulus plan will be ready in 2 days
    Utah reportedly planning to shut public college and university campuses
    Dr. Fauci warns virus 10x more deadly than flu and could infect millions if not handled early
    Australia passes A$18 billion stimulus package
    Seoul says 99 cases tied to call center
    FEMA evacuates Atlanta office over coronavirus scare
    3 Boeing workers test positie
    Washington DC advises cancellation or postponement of all gatherings with more than 1,000 people
    Harvard to prorate room and board for students
    US cases surpass 1,000
    UK Health Minister catches virus
    Ireland, Bulgaria, Sweden report first deaths
    Connecticut declares state of emergency
    UK total hits 456 following largest daily jump on record (83 new cases)
    Global cases pass 120,000
    South Korea reports new outbreak in call center
    Japan reportedly planning to declare state of emergency

    • On March 11, 2020 at 7:07 pm,
      OOTB Jerry says:

      The World has finally FLIPPED………………….

      • On March 11, 2020 at 8:32 pm,
        Dick Tracy says:

        The biggest problem facing America will soon be how do we revive business. I do think many of these foreign wars will finally be brought to an end because there won’t be the will or the funds to finance them. Globalism has been brought to an abrupt end.

        • On March 12, 2020 at 9:02 am,
          OOTB Jerry says:

          Chinese ……..are they still buying in Canada…….?
          Real estate about to TANK?

  10. On March 11, 2020 at 9:05 pm,
    Bill says:

    Mathew is absent with his pitchforks. No offense but I said…Its all going DOWN.
    Read back what I said 10 days ago. All this shit is going out the window. You best put the game down until the dust settles….Its not a knife catching game.
    Cant wait till buy opp arrives…

    • On March 11, 2020 at 10:12 pm,
      Excelsior says:

      He Nailed It | Gold, T-Bonds, Market Crash! #AudioInterview

      “Bob Moriarty the founder of 321Gold and 321Energy sits down for an exclusive interview to discuss his recent predictions on the current market conditions, which he absolutely NAILED! We are going to discuss the coronavirus, and why T-Bonds and Gold will drop. Bob will introduce two exciting, speculative junior mining companies. Finally, Bob will share which precious metals you should be buying and why. Folks simply put: He Nailed It!”

      https://provenandprobable.com/bob-moriarty-he-nailed-it/

    • On March 11, 2020 at 10:41 pm,
      Matthew says:

      No bill, just busy with other things.
      Here’s some supports for GDXJ:
      https://stockcharts.com/h-sc/ui?s=GDXJ&p=D&yr=1&mn=5&dy=0&id=p46901715240&a=661500853

    • On March 11, 2020 at 10:43 pm,
      Matthew says:
    • On March 11, 2020 at 10:49 pm,
      Matthew says:

      The miners are likely to snap back once earnings results start coming in and an important low could easily be just a day or three away.
      GDXJ:GLD
      https://stockcharts.com/h-sc/ui?s=GDXJ%3AGLD&p=D&yr=1&mn=5&dy=0&id=p17185781354&a=726016893

      • On March 11, 2020 at 11:27 pm,
        Excelsior says:

        Agreed that the earnings season in the producers for Q1 should be solid at these higher metals prices, and those will start hitting the news wires in late April to early May.

        That would nice to see a significant low put in during the next few trading sessions, followed by a snapback rally.

    • On March 11, 2020 at 10:52 pm,
      Matthew says:
      • On March 11, 2020 at 11:35 pm,
        Excelsior says:

        There looks to be a lot of indecision and tug-o-war between buyers and sellers on that current weekly candle in Oil. That is good and it is hovering right above that fork support, so this would be a nice place for it to find a little support as well.

        For the first time since 2016 I waded back into the Oil stocks today with a small position in both key ETFs – XLE and XOP. I’m prepared that they can face more weakness as some companies financials will under pressure, but they’ve really pulled back far already from where they were a year ago, or even since the beginning of this year. Those ETFs are liquid enough to trade in and out fairly easily to protect capital or make a quick scalp trade. For now I’m prepared to average down 1-2 more times at key levels, but just wanted a toehold position in place to start building around.

    • On March 11, 2020 at 10:54 pm,
      Matthew says:

      The uptrend in the gold miners versus the stock market is not in jeopardy:
      https://stockcharts.com/h-sc/ui?s=GDX%3ASPY&p=W&yr=5&mn=6&dy=0&id=p95867657472&a=723016925

  11. On March 11, 2020 at 9:43 pm,
    Excelsior says:

    Adrian Day: Big Mistake for Major Miners to Boost Their Dividends

    MiningStockEducation #AudioInterview

    0:15 Introduction
    1:08 Adrian’s clients’ responses to recent sell-off
    2:44 Base metals commentary
    3:54 At what point do gold royalties become overvalued?
    7:36 How to value small, single asset producers
    9:06 Commentary on mid-tier miners
    10:26 Are major miners giving away dividends too early?
    13:02 ESG issues overemphasized?
    14:40 PDAC observations

    https://www.youtube.com/watch?v=YPmmV0jXYF4

    • On March 11, 2020 at 9:45 pm,
      Excelsior says:

      Don Durrett: Silver Bull Market Confirmation Needs $18.50+/oz Silver

      MiningStockEducation – March 11, 2020 #AudioInterview

      0:15 Introduction
      0:41 Market commentary
      3:20 What to make of all-time high Au/Ag ratio?
      5:59 Silver price outlook for this year?
      10:58 Timing current mining stock sell-off bottom
      14:32 Some silver mining stocks Don likes now
      17:58 Why Don hasn’t invested in gold royalties
      22:21 Sentiment and upside potential for gold

      https://www.youtube.com/watch?v=izywRU6u9Fw

      • On March 11, 2020 at 10:02 pm,
        Excelsior says:

        Kevin Drover: We’re on The Runway to 2020 Silver Production – (AUN) (AUNFF) Aurcana Corporation

        MiningStockEducation – March 5, 2020 #AudioInterview

        1:20 Just closed C$5.87M oversubscribed placement
        2:01 Currently deploying $15M of needed $37M CAPEX
        3:16 Update on potential debt facility
        4:42 Why Aurcana will succeed when past operator failed
        9:12 Concerned at all about cost overruns?
        10:27 When will mill be at full capacity?
        12:35 First year production will be ultra-high-grade for quick debt payback
        13:23 Increasing LOM efficiently
        16:30 Future growth plans at RV mine and beyond

        https://www.youtube.com/watch?v=ajf91esICGA

  12. On March 11, 2020 at 10:19 pm,
    Excelsior says:

    Could the golden baby be thrown out with the bathwater as COVID-19 impacts the world?

    by @Samson on 10 Mar 2020

    https://ceo.ca/@samson/could-the-golden-baby-be-thrown-out-with-the-bathwater-ascovid-19-impacts-the-world

  13. On March 12, 2020 at 5:11 am,
    larry says:

    where is dr. dating advice ; it is just a regular flu?
    where is dr. hugs and public health specialist?….Yes the public is collapsing!

    OH, they are playing with their Barbie dolls..very endearing indeed…

    then they will claim that identifying facts represent panic…..So stay as psychcotic as the two little lovely drs…remain politicaly correct…the authorities have this under control…..i am from the government and here to help you…..lol lmao

  14. On March 12, 2020 at 5:23 am,
    larry says:

    I will only take a vaccine shot if held at gunpoint…Which is quite possible….The vaccine WILL contain biologic and organic and inorganic toxins…You will never be the same again after that ‘vaccine shot’…Vaccines are used as a weapon of eugenics…The results reify this…I am sure the system shills drs/drs. will disagree….

    • On March 12, 2020 at 6:07 am,
      bonzo says:

      Larry, I agree with you on vaccines. Would you take a rabies vaccine if you were bitten by a rabid animal? That is the only time I might consider taking a vaccine.

      • On March 12, 2020 at 6:16 am,
        larry says:

        b.b.-probably for rabies ..but still want to know what biologics , organics,inorganic adjuvants are in it….Those dr./drs. where not even close to understanding what COVID-19 implied…Dopes X 10…Bull chitting frauds and fakes tools all except the 1% that publicly say conventional medical method is a fake profiteering scam!

  15. On March 12, 2020 at 5:41 am,
    Covid Kid says:

    Wake up sleepy heads. After all, our friend the Corona virus never sleeps.

    It’s gonna be another fun day…foreign markets annihilated…Stalingrad and Poorski futures limit down…Nasdaq and Dow futures also down over 5%…

    • On March 12, 2020 at 5:58 am,
      OOTB Jerry says:

      BITCON……..down to $6000 plus….ever since the cftc…..got involved this coin stinks…

      • On March 12, 2020 at 10:32 am,
        Excelsior says:

        Yep, some Bitcoin fanatic over at ceo.ca was being snarky and proclaiming that Gold is no longer a safe haven, but he still felt cryptos were. What a dingbat!

        I wrote him back this:

        “$Gold went up significantly on on the missile strikes in Iran, on the Coronavirus fears, and the recent Oil rout and has absolutely acted as one of the #SafeHavens along with #Bonds during all this.”

        $Gold is down 3% today, where as $Bitcoin (which some claim is a #SafeHaven) is down 25%.

        https://www.coinbase.com/price/bitcoin

        • On March 12, 2020 at 12:13 pm,
          OOTB Jerry says:

          DING BAT………ditto………..
          I bet the ding bat never experienced 2000 dot com…….lol

          • On March 12, 2020 at 1:23 pm,
            Excelsior says:

            Maybe he’s been eating ding bat soup and it has warped his mind. 😉

  16. On March 12, 2020 at 5:57 am,
    Covid Kid says:


    Boeing is worried that banks will pull their committed funding, which in turn means that Boeing is either now worried that a 2008-style financial crisis is imminent, or that the company’s own prospects are about to implode, forcing banks to breach their delayed draw credit facility document terms.

    https://www.zerohedge.com/markets/boeing-drawdown-full-138-billion-revolver-hinting-imminent-bank-lending-freeze

    BOYS!

    Looks like the whole Neo-Feudal Casino Gulag Plantation Fractured Reserve Debt Based economic outhouse is imploding and the Feral Reserve can’t do anything to stop it! And neither can the rest of the criminals!

    • On March 12, 2020 at 9:05 am,
      Excelsior says:

      “Looks like the whole Neo-Feudal Casino Gulag Plantation Fractured Reserve Debt Based economic outhouse is imploding and the Feral Reserve can’t do anything to stop it!”

      Wow – what a line!! and very well said Covid Kid….

  17. On March 12, 2020 at 5:58 am,
    Covid Kid says:

    For fun, try calling a brokerage firm like TD Ameritrade today and see what happens.

    • On March 12, 2020 at 6:00 am,
      OOTB Jerry says:

      TD……get’s instruction from CEDE and company………lol

      • On March 12, 2020 at 6:02 am,
        Covid Kid says:

        I tell you Jerry, the whole criminal economic ponzi sh*t house is collapsing…

        • On March 12, 2020 at 6:06 am,
          OOTB Jerry says:

          Well, it is way over due………….nothing has been logical for years…….
          NOTHING……..

          • On March 12, 2020 at 6:19 am,
            Covid Kid says:

            When you have a society ruled by criminals this is what you get.

          • On March 12, 2020 at 6:22 am,
            John Kruschke says:

            If I were to make an aviation analogy, I would say this market thought they were flying on instruments, when in reality they were in a graveyard spin soon to impact the ground.The more the powers that be try to inject stimulus the tighter the spin will become.
            Here’s a quote from a Boeing employee ” I still haven’t been forgiven by God for the cover up I did last year.”In reference to interactions with the FAA.
            2018, 2019 737 MAX 346 killed.
            And you expect your Government to save you? Good Luck

          • On March 12, 2020 at 6:27 am,
            Dick Tracy says:

            The truth is beginning to come out! DT

          • On March 12, 2020 at 6:43 am,
            John Kruschke says:

            Cognitive dissonance has been the order of the day ever since 9/11.
            I know I keep going back to 9/11 and there are those out there that will say what does it matter.
            Much like the people at Hiroshima and Nagasaki, they will realize everything matters.

          • On March 12, 2020 at 6:54 am,
            OOTB Jerry says:

            Ditto JOHN……….on 9/11………..

  18. On March 12, 2020 at 6:33 am,
    Dick Tracy says:

    AXU is getting hammered! down almost 25%.

    • On March 12, 2020 at 9:23 am,
      Excelsior says:

      Everything is getting hammered. Great Bear Resources, a new Silver producer is down 60% today. It’s crazy out there!! OUCH!

    • On March 12, 2020 at 1:24 pm,
      Excelsior says:

      GDXJ was down over 25% today.

      Wild times!

  19. On March 12, 2020 at 6:57 am,
    OOTB Jerry says:

    Glad I did not buy any silver the other day…….$15.90…….I think I might buy some today…

    • On March 12, 2020 at 8:04 am,
      Ozibatla says:

      Wait Jerry, Im confident you will get it cheaper in the coming days and weeks. Pity Im just holding now, no more acquiring PMs, no more mining shares. Time to ride out the rough times for abit.

      • On March 12, 2020 at 8:22 am,
        OOTB Jerry says:

        Oz…….Thanks, I will certainly not LOAD UP THE TRUCK… 🙂
        Heck, I might even wait, …..Thanks…….OOTB