Hour 1 – Big Picture Trends For Money Flows – Global Markets and Risk Off Assets

November 2, 2019
Full First Hour

This week was packed with news on the US economy and a Fed statement all of which are important for investors. I cover what’s noteworthy for the big picture and some trading strategies for the metals complex heading into the end of the year.

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  • Segment 1 and 2 – I kick off the show with Peter Boockvar, Chief Investment Officer at Bleakley Advisory Group. We discuss the shift in the bond markets globally and how where he sees money flows going over the next year.
  • Segment 3 – Jayant Bhandari joins me to share information on the potential restrictions the Indian government might put on gold. We then shift to some of the juniors that have his attention in Atlantic Canada.
  • Segment 4 – Dave Erfle and I focus entirely on the gold and gold stock market. We chat about recent weakness being bought, gold shares and silver showing relative strength, and the reasons

Exclusive Company Interviews This Week

Segment 1 and 2
Segment 3
Segment 4

    Nov 02, 2019 02:20 AM

    Thanks Guys for weekend show.

    Nov 02, 2019 02:52 AM

    How can Peter Bockvar be correct about interest rates about to rise ?

      Nov 02, 2019 02:16 AM

      Exactly…….the interest on government debt is already an issue….imagine how bad it gets with rising interest rates

    Nov 02, 2019 02:05 AM

    The Fed is trapped. They only have the choice of printing money……they can hold interest or lower rates, while they print and kick that can down the road, waiting for the rest of the world to fall apart…..then they will blame that collapse on the US collapse which follows.

    Nov 02, 2019 02:13 AM

    Thanks KER for another great show. I particularly enjoyed Peter Bookvar’s macro views which were very interesting and insightful. I also liked what Jayant Bendari had to say about the Anaconda news and his views on a potential merger with Maritime Resources.

      Nov 02, 2019 02:15 PM

      +1 Ditto Charles. Anaconda will have it’s day and as metals prices rise over the medium to longer term, their production margins will grow, allowing more drilling and development.

    Nov 02, 2019 02:25 AM

    Thx Cory.

    I like the guests.

    Nov 02, 2019 02:23 PM

    Thanks for the show. The weird thing is that while I think it’s obvious that a financial collapse is inevitable given the level of debt, I now no longer have any idea when that will be. I thought it was going to collapse in 2001, in 2008 and again this year. Didn’t happen. My new collapse prediction is 2021 but I’m starting to think this could go on for many more years. Anyone else got an idea?

      Nov 02, 2019 02:16 PM

      Collapse is the wrong word, that implies a trap door opening under us all…. something very fast.
      It won’t happen because we don’t want it to happen, but we will always be staring at the possibility. That is human nature, risk (fear) always has a bigger impact on us. That is not to say there isn’t a price to pay for all the waste that has gone on, saving the world one destroyed society at a time. People thought it was over in the 70s…. but apparently not.

        Nov 02, 2019 02:50 PM

        I dont think collapse is the wrong word, imo collapse is collapse not matter the speed it takes place.

        We are close to all taxes going to the debt payments, does the repo market have anything to do with Deutsche Bank?

        If it does we could see bank shut downs, limited currency withdraws etc overnight.
        China is having issues too.
        A bank run here and there, so far contained.

        Russia looks to me to be the only major nation to be on stable footing.

        Something is happening, some people call it the 4th turning, I have no idea, but ya never know.

    Nov 02, 2019 02:13 PM

    How long will it take for Israel to bring down the states?

    I have no idea, I simply watch it happening.

    Nov 02, 2019 02:57 PM

    I often wonder how many Americans could live without an automobile and just use public transit, walk, or bicycle. I’m sure that the thought of not being able to own and drive a car must seem impossible for most. Even during the Great Depression the joke was “that America was the first country to drive to the poorhouse.” DT

    Nov 02, 2019 02:21 PM

    Sprott Weekly Wrap-Up

    Nov 1, 2019 #AudioInterview

    “Eric Sprott discusses the news of the week and the impact on precious metal prices. He also fields listener questions regarding a few specific mining companies.”

      Nov 02, 2019 02:26 PM

      Spoken over 200 years ago, Napoleon Bonaparte said, “China is a sleeping giant. Let her sleep, for when she wakes, she will move the world.”

      Gary Wagner – November 1, 2019 #TechnicalAnalysis #Chart #VIDEOéant-endormi-laissez-la-dormir-car-à-son-réveil-elle-fera-bouger-le-monde

        Nov 02, 2019 02:30 PM

        Ira Epstein’s Metals Video (11/1/2019)

        Technical Analysis, Gold, Silver, Copper, Platinum

        Nov 03, 2019 03:53 AM

        Ex, my three favorite periods in history are, “The Age Of Napoleon”, Britain during The Industrial Revolution, (1750-1850) and America in the 1920’s. All times of great change in the world much like what is now happening with China. When Madame De Stahl met Napoleon at a party in 1802 she remarked that “You could see the wind whipping around his ears.” He had so much energy that even when he was stationary you felt the effects of a tornado. The sleeping dog has been disturbed, and the world is travelling down a new tributary. DT

          Nov 03, 2019 03:17 AM

          DT – I’m a fan of some of the ancient periods of history like the rise of written records, math, complex construction of ziggurats, and modern human culture at Sumeria, and then how it morphed into the Hittites, Hurrians, and Akkadians as the seat of modern day culture. Then Egypt and Greece were quite revolutionary in advanced in science, medicine, architecture, and culture as well.

          We are overdue for a large reset and move to the next level of consciousness and culture for the human family, and time to take a leap forward.


            Nov 03, 2019 03:34 AM

            Ex, no doubt we are seeing a major change in The World economy. There is a serious conflict between capital owned by the elite and the decline of the middle class. This time The Federal Reserve will not be able to prevent a money panic when the banks start toppling. It is writing an end to American economic history.

    Nov 03, 2019 03:37 AM

    Another great show…What else is there to say?……Ker is the best econ/poli show I have ever wondered into!

    Nov 03, 2019 03:27 AM