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John Rubino – Gold and Silver vs Other Commodities – All are popping higher this month

Cory
October 25, 2021

John Rubino, Founder of the Dollar Collapse website joins us to share his thoughts on the move higher in gold and silver throughout October. The stocks are outperforming the underlying metals price which is another positive sign. However when looking at a wide range of other widely followed commodities the PMs are lagging a bit. We try to make sense of it all.

 

 

 

Click here to visit John’s site.

Discussion
27 Comments
    BDC
    Oct 25, 2021 25:17 PM

    PM Price Quality: https://tinyurl.com/2vc9pznu
    Possibly swinging down (unconfirmed).
    (NY Time 20211025.1615)

    Oct 25, 2021 25:49 PM

    My stocks were popping today, Monarca Minerals was up 60% at one point , I sold out with a gain of 55%, West High Yield Resources was up 31%, And many others were up close to double digits. What can I say, BONZAI! DT

      Oct 26, 2021 26:00 AM

      Well done DT, and good trading. Yes, there were a number of double-digit gainers in the mining stocks for Monday, and that was nice to see.
      .
      I guess the move in West High Yield was based on the growing interest in Magnesium deposits, with so few being available, as there was no fundamental news driving that surge, but there were massive volume amounts the last few trading sessions. As for Monarca, same thing, there was massive volume that suddenly came in on no news, but they had done well with a couple of drill holes 2 weeks back. Maybe it caught a whales attention or it’s a new fund getting into position. Very interesting.

    BDC
    Oct 25, 2021 25:48 PM

    Dollar Update : https://tinyurl.com/23tdc8jy
    (20211025.1745)

    Oct 25, 2021 25:54 PM

    Ex, if you go to the SCZ page on Stockhouse you will see my latest contribution to building the ‘Excelsior’ brand one repost at a time.

    Cheers

      Oct 25, 2021 25:11 PM

      Thanks blazesb. I know stockhouse can be a pretty tough forum, so hopefully people are not tearing me down too bad. 🙂
      .
      Overall I hope my ramblings help other fellow resource investors, and as mentioned, I like the new mid-tier Silver producer being created with (SCZ) now after their acquisition of a few of Glencore’s silver mines. This will immediately boost their production profile, and should have an affect over time on their market cap valuation and boost their inclusion in ETFs. Ever upward!

    Oct 25, 2021 25:17 PM
      Oct 25, 2021 25:14 PM

      Haha! That was pretty funny Johnk. At first I thought it actually may just be a crafty Etrade commercial, until about half through when it goes off the rails. Thanks for the chuckle…

    Oct 25, 2021 25:20 PM

    The big takeover news today in the sector was Calibre Mining taking over Fiore Gold, to create a series mid-tier gold producer and it gives Calibre some diversification in jurisdiction, while giving Fiore Gold a more solid operations and financial team that execute on their developing their assets. I like this combination a great deal for the medium term as a CXB shareholder. Fiore was a junior producer that many had mentioned looked like an acquisition target by stronger hands, but I was still surprised to see Calibre pull the trigger on it when they already have so much organic growth going on.
    .
    _____________________________________________________________________________________________________
    .
    (CXB) Calibre Announces Acquisition of (F) Fiore in Nevada Creating a Diversified, Americas-Focused, Growing Mid-Tier Gold Producer
    – Oct 25, 2021
    .
    https://ceo.ca/@newswire/calibre-announces-acquisition-of-fiore-in-nevada-creating

      Oct 25, 2021 25:10 PM

      Also BTG selling some African mines to WAF.AX

        Oct 25, 2021 25:02 PM

        Thanks for the heads up Terry. Yep, another interesting acquisition in the space by West African Resources from B2Gold. In a related way, the reason Calibre has thrived is from an acquisition they made of other non-core B2Gold assets, that they’ve done a great job with.
        .
        ________________________________________________________________________________________________________
        (BTO) (BTG) B2Gold Agrees to Sell Burkina Faso Projects to (WAF.AX) West African Resources
        – 25 Oct 2021
        .
        https://ceo.ca/@newswire/b2gold-agrees-to-sell-burkina-faso-projects-to-west

          Oct 25, 2021 25:39 PM

          While we are on the topic of B2Gold and their alliances and new partnerships with the juniors, here was another interesting news release from today on JV project they have with Aurion, that sent (AU) up 32% on the day.
          .
          _____________________________________________________________________________________________________________
          .

          Aurion’s JV Partner, B2Gold, Drills New Discovery in First holes Along Kutuvuoma-Ikkari Corridor
          – 25 Oct 2021
          .
          https://ceo.ca/@newswire/aurions-jv-partner-b2gold-drills-new-discovery-in

          Oct 25, 2021 25:12 PM

          Kiaka is a mouthful for WAF but they seem to have things figured out in that part of Africa. I’ve been trading it for about one year starting at $.75AUD but don’t hold it now so a negative market reaction when trading resumes and a chance to get back in would be fine with me.

            Oct 26, 2021 26:51 AM

            I’ve followed WAF.AX for a few years now, when they were a developer and then as they graduated into a producer, but never pulled the trigger on it and then it ran away in price to the upside and I felt like I missed it and didn’t want to chase it. They seem to be very well run and a solid operator and one I’d consider for the future on pullbacks as well.
            .
            The most recent gold producer I’ve added is (KRR) Karora Resources, because I also feel they are are solid operators with good exploration upside, and they are unique in that they have a Gold / Nickel deposit. The gold producer I added before that was buying back (IAU) I-80 Gold Corp (the Nevada gold producer spun out from Premier Gold during their merger with Equinox). They’ve also made a few recent acquisitions of Lone Tree, Buffalo Mountain, and Ruby Hill from Nevada Gold Mines (the Newmont/Goldcorp & Barrick JV).

    Oct 25, 2021 25:09 PM

    Brink of Totalitarianism; Get Out of the Banks, Own Physical Warns Jekyll Author
    .
    Stansberry Research – Oct 21, 2021
    .
    “Soon the Federal Reserve will manufacture a central bank digital currency that will be internationally sanctioned, different than Bitcoin and private cryptos, says G. Edward Griffin, author of Creature from Jekyll Island and founder of the Red Pill University.”
    .
    “The Federal Reserve has become so powerful over the years that its originally intended roles have completely reversed, he says. Griffin believes the Fed will morph into something completely unrecognizable where, “the government doesn’t control the banks, the banks control the government.”
    .
    https://youtu.be/J54ze1TbgkA

      Oct 25, 2021 25:55 PM

      Thanks for posting the link to The G Edwards Griffin video, an all around person in everything he does, that is the best way to live your life. If anyone has it figured out he does. DT

        Oct 25, 2021 25:58 PM

        Agreed. Mr Griffin seems like a pretty cool kat, and well-rounded in the different areas of life and his philosophies.

          Ann
          Oct 26, 2021 26:05 AM

          I read his book “ the creature” at least 20 years ago.Wow…was it deep!!!.. but a fascinating read.My husbands buddy bought 10 copies.Why so many I asked???Got a great deal he said.Yikes..

      Oct 26, 2021 26:08 AM

      None other than Big Al himself recommended reading the Book, “The Creature From Jekyl Island right here on the K E Report years ago.
      I took that advice and was never to be the same.
      I will also give a shout out to CFS for recommending to me Mr Griffin’s book, “The Truth about Cancer”
      Thank-you to both Big Al and CFS.

    Oct 26, 2021 26:38 AM

    (EXN) Excellon Drills 3,043 G/T Silver Equivalent Over 2.2 Metres At Platosa
    – October 26, 2021
    .
    High-grade results from the 623, NE-1, NE-1S, and Pierna mantos, with diamond drilling results
    from underground including:
    o 3,043 g/t silver equivalent (“AgEq”) over 2.2 metres (2,160 g/t Ag, 24.6% Pb, 7.2% Zn)
    in EX21UG698;
    o 764 g/t AgEq over 7.5 metres (648 g/t Ag, 2.6% Pb, 1.4% Zn) in EX21UG691;
    o 1,008 g/t AgEq over 3.4 metres (766 g/t Ag, 4.7% Pb and 3.5% Zn) in EX21UG733;
    o 801 g/t AgEq over 3.4 metres (501 g/t Ag, 5.8% Pb, 4.4% Zn) in EX21UG709;
    o 5,110 g/t AgEq over 0.5 metres (4,451 g/t Ag, 8.8% Pb, 12.2% Zn and 0.2 g/t Au) in
    EX21UG706
    .
    http://www.excellonresources.com/_resources/news/2021/20211026.pdf

    Oct 26, 2021 26:54 AM

    Why Silver Could Spike to $80 Or Higher – Chris Vermeulen
    .
    October 22, 2021 – The Technical Traders
    .
    “Chris joins Elijah K Johnson from Liberty and Finance to discuss Silver’s latest price actions and Precious Metals in general. We’ve seen a pretty big move from Silver in the last two trading sessions and Silver miners are starting to come back to life.”
    .
    “When silver moves, it can move fast. By the end of the year, we expect a signal showing that gold and silver are ready for the next leg up.”
    .
    https://www.thetechnicaltraders.com/why-silver-could-spike-to-80-or-higher-chris-vermeulen/

    Oct 26, 2021 26:59 AM

    Gold getting another beat down this morning, from TPTB, perhaps?

    Oct 26, 2021 26:49 AM

    Silver Elephant, ELEF. Maybe a more skilled analyst can determine what this means for the stock price, haha… I don’t own any for now.

    https://www.juniorminingnetwork.com/junior-miner-news/press-releases/693-tsx/elef/109160-silver-elephant-announces-private-placement-by-flying-nickel-mining-corp-for-proceeds-of-up-to-7-0-million.html

    Oct 26, 2021 26:22 AM

    BTW, I think the Kereport commentators, contributors and new look are friggin’ awesome, thanks!;-D

    Usually older farts can’t grasp change quickly, haha…

      Oct 26, 2021 26:41 AM

      Dan,

      Ditto! I’m glad to have you as well. That’s one nice looking stock. There are many miners starting to decouple from the gold price action.

      My portfolio most recently is doing very well. Glad I purchased more.

      All the best 🙂

        Oct 26, 2021 26:24 AM

        Thanks G, I am sticking with what I have this time instead of selling and chasing the hot stocks, I have lost out on more profits because of that behavior than anything else. I did buy 1k of ELEF with couch change today so now I own some, (:-)