A look ahead to the Fed meeting in 2 weeks
Craig Hemke joins me today to look ahead to the upcoming Fed meeting in just under 2 weeks. We discuss recent comments make by the New York Fed Chairman Williams regarding rate targeting as well as what all this means for other asset investing.
Thanks for the editorial!
Does anyone know in regards to markets and gold in particular if this event is the next big news? Options we passed i assume this is next? if you think there is something bigger before that please feel free to express.
matt, ex not sure how close you follow news but im sure you do what resources or site/outlet do you, matt, jerry or others use that’s most reliable.
cheers
Hi Glenfidish,
I continuously check a range of left & right leaning news outlets (as there are very few central non-biased news outlets any further). While both sides are ripe with “fake news” there is occasionally good reporting done on both sides, surprising as that may be.
I find that often local news departments close to a story do better than the click bait national news stories, that have agendas to grind and politicize almost everything, or make mountains out of molehills.
For economic sources I’ll look at Bloomberg, Yahoo News, CNBC, Financial Post, Financial Times, Wall Street Journal, Reuters, Kitco, etc… but often the news I find most instructive comes from social media reposting on Twitter, over at Ceo.ca, Stockhouse, HotCopper, or here on the KER. There are all kinds of obscure publications, so I work on crowd-sourcing key articles, editorials, breaking news, or company updates as they come up.
As for mining company updates I pretty much rely on ceo.ca, and check it every morning, as their news feature tailored to mining is the best and fastest I’ve ever seen on any site.
Case in point. I just checked it and this news on (SBB) just broke an hour ago.
(SBB) Sabina Plans Back River Project Re-Opening
by @nasdaq on 29 May 2020
https://ceo.ca/@nasdaq/sabina-plans-back-river-project-re-opening
(PGE)(PGEZF)Group Ten Reports High-Grade Gold, Palladium, and Platinum Results from the Pine and HGR Targets at the Stillwater West Project in Montana, USA
29 May 2020
https://ceo.ca/@accesswire/group-ten-reports-high-grade-gold-palladium-and-platinum
(DEF) (DNCVF) Defiance Outlines New Targets at San Acacio Silver Project and Provides Update
by @newsfile on 29 May 2020
https://ceo.ca/@newsfile/defiance-outlines-new-targets-at-san-acacio-silver
Yes sir I bought some today
Thanks ex! That last link will be helpful.
cheers
Yes sir. I check that every day and then can quickly link to that stocks room by clicking on the ticker to get investor reactions to the news. A very helpful tool!
Woke up to see nice healthy price action in gold. Let’s see if the few miners that have been “sleeping” in the words of my buddy ex wake up. Someone pass me a firework so i can stick it in scorpio gold and maybe wake up management in the process.
I would really like to see 1745/60 today with a small corrective move on monday and tuesday exploding higher into that 1780-1800..I think today and next week will offer some beautiful gains and songs.
Please don’t take my words literally as cabal or plunge protecton team is watching.
cheers to all
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How about the action in Silver. It’s up to $18.30
Very nice to see an $18 handle again in Silver.
For those investors here following (BBB) Brixton – here is a good interview & update:
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Brixton Metals (TSX-V: BBB) – Time To Hear Some Specifics From This Gold Explorer
CRUX Investor – May 29, 2020
“Brixton Metals is a gold-silver explorer/developer that is 10 years in the making. The focus is on advancing its wholly-owned projects in the Golden Triangle of British Colombia. The two flagship projects are the Thorn Copper-Gold-Silver Project and the Hog Heaven Silver-Gold-Copper Project, acquired from Pan American Silver in 2017. Drill results are due for the latter project this week.”
“There’s some good stuff on display here for this gold player, but this story is lacking in a lot of specifics to give a sense of true confidence. ”
2:08 – Company Overview
4:01 – 10yrs, $30M Market Cap: What Have They Been Doing?
5:41 – 3 Part Business Strategy: Exploration, JVs, and M&A
8:29 – Project Overview and Breakdown
14:24 – Searching for Strategics for Thorn Gold: What Can They Show Potential Buyers?
21:32 – $20M Spent on Thorn Gold: How Much More Does it Need?
23:12 – Hog Heaven Project: Plan on Accelerating Development
28:16 – M&A Possibilities for a Company Lacking Credibility and a Track Record of Success
31:09 – Cash Positions and Focusing the Money
32:36 – Sacrifices Made: Remuneration and Management Shareholding
33:51 – Message to Shareholders: Timeline for Meaningful Deliverables
36:29 – Telling the Story: Does the Market Understand Brixton Metals’ Strategy?
Chlamydia OMG thanks for the laugh Turd
Quote of the week: “June is shaping up to be a new record delivery month for gold.” –Ed Steer