Look out for near-term volatility thanks to a Fed statement and Quadruple-Witching Day
Joel Elconin joins me today to share his thoughts on the markets bounce back so far this week. With a couple major events coming up, including the Fed statement tomorrow and quad-witching date on the 18th, we should all be expecting some short term volatility. We also discuss the commodities that Joel is watching.
Click here to visit the Benzinga website and listen to the recordings of the Pre-Market Prep Show.
The next KE Report webinar is on September 22nd at 1:15pm PDT. I will be featuring Eclipse Gold Mining and Brian Leni will be joining us for his comments on investing in the gold market. This is a great opportunity to learn more about this exploration company focused on the Hercules Gold Project in Nevada and ask whatever questions you have.
Click here to sign up for free. And be sure to send me your questions regarding Eclipse Gold Mining to Fleck@kereport.com.
Fosterville drills 47m of 2.67g/t Au at Golden Mountain
2020-09-15 09:23 ET – News Release
Mr. Rex Motton reports
FOSTERVILLE SOUTH REPORTS MULTIPLE HIGH-GRADE GOLD ASSAYS FROM CORE DRILLING PROGRAM AT GOLDEN MOUNTAIN AND APPLIES FOR 5,120 METRE DRILL PERMIT AT LAURISTON PROJECT
Fosterville South Exploration Ltd. has intersected multiple intervals of high-grade gold in drill holes during the initial phase of core drilling at its Golden Mountain project in Victoria, Australia.
Pierre Lasonde
Nevada Exploration at MIF sept 10
RICKS PICKS Topping
A Growing Debt Mountain Is Starting to Crack as Asia Buyers Balk
September 15 2020 – Kartik Goyal Hooyeon Kim Livia Yap
As governments globally sell sovereign bonds faster than central banks can buy them, the warning signs from Mumbai to Seoul underscore the challenge to markets everywhere from ever-increasing debt. While developed markets like the U.S. have largely lapped up the record supply so far, pushing yields to all-time lows, it’s a different story in other economies.
“Real cracks are starting to show,” said Andre de Silva, global head of emerging-market rates research at HSBC Holdings Plc in Hong Kong. “In most high-yielding emerging markets, there is a lack of domestic appetite for absorbing any large expansion in government borrowing.”
Canada’s massive pension fund is reviewing its bond holdings in light of near zero interest rates, CEO says
Sept 15 2020 – Saheli Roy Choudhury
“Low interest rates are proving to be a challenge for investors, even ones who have long-term, multi-generational views on investments such as Canada’s massive pension fund.”
“CPPIB President and CEO Mark Machin said the fund is reviewing if holding large size of government bonds is the right thing to do when interest rates are near zero. ”
“CPPIB manages about 434.4 billion Canadian dollars as of June 30 and a bulk of its investments are in North America — a little over 34% of total assets are allocated in the United States — followed by Asia.”
https://www.cnbc.com/2020/09/16/singapore-summit-cppib-ceo-on-zero-bound-interest-rates.html
Skeena drills 14.5 m of 12.67 g/t Au at Eskay Creek
2020-09-15 09:30 ET – News Release
Mr. Walter Coles reports
SKEENA DISCOVERS MINERALIZATION AT ESKAY DEEPS
Skeena Resources Ltd. has discovered high-grade gold-silver mineralization.