Sean Brodrick – Wed 21 Oct, 2020

Big picture thoughts combining gold, the US Dollar and oil

Sean Brodrick joins me to share his thoughts on how upcoming stimulus could impact gold and the US Dollar. It’s not a straight forward as saying more stimulus will drive gold higher and the dollar lower. We also touch on the oil trade which is getting historically boring.


Comments:
  1. On October 21, 2020 at 3:28 pm,
    OOTB Jerry says:

    Big picture is…….GOLD IS GOING UP…….

  2. On October 21, 2020 at 4:43 pm,
    Bill says:

    Crickets lol

  3. On October 21, 2020 at 5:11 pm,
    OOTB Jerry says:

    The supporting cast has gone missing, …….so, the crickets are getting a rest….. 🙂

  4. On October 21, 2020 at 6:20 pm,
    Matthew says:
  5. On October 21, 2020 at 6:22 pm,
    Matthew says:

    I increased my MUX position by 25% today at an average price below 1.09
    https://stockcharts.com/h-sc/ui?s=MUX&p=D&yr=0&mn=7&dy=0&id=p13222264881&a=824766684

  6. On October 21, 2020 at 6:24 pm,
    Matthew says:
    • On October 21, 2020 at 6:59 pm,
      Charles says:

      I bought some more MUX today too. I have also been buying Lion One. Still haven’t bought back Brixton but want to in the next few days. I was really close to pulling the trigger today.

      • On October 21, 2020 at 7:43 pm,
        Matthew says:

        I don’t know what it translates to in USD, but BBB just might dip to support at .325 tomorrow so it might be a good thing that you didn’t buy today. Good luck 🤞🧐
        https://stockcharts.com/h-sc/ui?s=BBB.V&p=D&yr=1&mn=0&dy=0&id=p13222212672&a=777823275

        • On October 22, 2020 at 5:16 pm,
          Canuckski says:

          Matthew, I understand you’re into IPT in a big way. Also that you’ve been dipping quite heavily into MUX. You also were mentioning Jag back in the day and tipped your hat to USAS if I recall correctly. As things move up for the PMs, do you expect these to have roughly the same trajectory or do you envision some having much more torque than the others? Further, do you see a difference in upward torque being mostly related to their cost of production, inground resources or jurisdiction? Thoughts?

  7. On October 21, 2020 at 6:27 pm,
    Matthew says:
  8. On October 21, 2020 at 6:40 pm,
    Matthew says:
  9. On October 21, 2020 at 6:47 pm,
    Matthew says:

    KTN jumped 13%+ after testing clear fork support one more time:
    https://stockcharts.com/h-sc/ui?s=KTN.V&p=D&yr=1&mn=1&dy=0&id=p36364293837&a=826045560

  10. On October 22, 2020 at 6:48 am,
    David says:

    8 straight day of rotating prices of My miners on alternAting days. The account is slowly eroding no matter gold/silver holding Steady. I elected to consolidate some of my explorers like sell Cabral and Pan Global and add to Blackrock Gold and Silver Tiger. Since Novo and Pure Gold heading to production, I sold Amex and Bayhorse and added to Novo and Pure Gold. I probably should of held all, but the prices of some of those above seemed artificially suppressed and in others, Good drill results were met with selling. The more artificial the market, the more I felt like circling the wagons and waiting for this inning of the game to be over. Stimulation would have helped, but things still bad Nd gold favorable. The correction is overdone, but appears they want us to be part of the General Market behavior rather than the PMs perform on the merits. They continue to decide who wins and loses and Civil Fines are of no consequence.

    • On October 22, 2020 at 9:23 am,
      OOTB Jerry says:

      Thanks for sharing David………..and I agree on …They continue to decide who wins and loses and Civil Fines are of no consequence.

  11. On October 22, 2020 at 6:59 am,
    Norrareal1968 says:

    David, you are spot on. The evil cabal is and will continue to run the show. PMs and PM stocks will only rise if they want them to rise. All markets are artificial. This truly is a bizarre and perverted world

    • On October 22, 2020 at 9:20 am,
      OOTB Jerry says:

      Ditto 1968……….”PERVERTED WORLD”………

  12. On October 22, 2020 at 9:39 am,
    Bill says:

    David
    It a huge waist of time analyzing the manipulation of PMs
    In general all markets are so who cares?
    Bond markets being bought with printed money…who cares?

    • On October 22, 2020 at 9:52 am,
      Matthew says:

      That’s right. As long as central banking is with us, there’s no such thing as free or fair markets. It’s a twisted ass Twilight Zone world in which even “right wingers” are just fine with, or even cheerleaders for, the Marxist and completely immoral Federal Reserve.
      Trump said the other day that socialism will never come to America and I’d bet that 95% of his fans believe him. That’s some serious buffoonery.

      • On October 22, 2020 at 11:17 am,
        Bill says:

        Yes manipulation in market started decades ago with the plunge protection machine.
        Its gone beyon redick. The bond market and the biggest in the world is completely bullshit now.
        In Kanada Trudeaf the communist is full spped ahead with his socalist corrupt adgenda. Ive never hated a person more..Ill take Trump in a heart beat.