Hour 1 – Filtering Out The Noise With Trading Strategies For US Markets and Select Metals Stocks

November 23, 2019

This week was slow for equity markets across the board however there were some developments (in a negative sense) for trade. Be sure to check out the daily editorials from the week and the many companies updates that are linked below.

Please keep in touch by emailing me at I love hearing from all of you and all the companies questions and comments help me focus the guests I have on the show.

  • Segment 1 and 2 – Rick Bensignor kicks off the show by sharing his outlook for US markets, gold, bonds, and what will drive moves in 2020. Rick shares exact levels that he is watching for each market and his trading strategy for each.
  • Segment 3 – We shift our focus to the resource sector with Jayant Bhandari. He shares two stocks that he has recently been investing in.
  • Segment 4 – SilverCrest Metals released a drill result that yielded the highest grade to date at the project. Eric Fier, CEO of SilverCrest wraps up the show by sharing his insights on the drill results and the plans for 2020.

Exclusive Company Updates This Week

Rick Bensignor
Jayant Bhandari
Eric Fier – SilverCrest Metals
    Nov 23, 2019 23:06 AM

    Thanks to the KER crew for another great weekend show!

    Nov 23, 2019 23:39 AM

    Rick Rule – Gold Prospects and Insolvent Banks

    FinanceAndLiberty – #VIDEO Interview

      Nov 23, 2019 23:48 AM

      Survival Week: Precious Metals Hang In There, Brace for December Expiry – Weekly Wrap-Up

      Sprott Money – November 22, 2019 #AudioInterview

      Eric Sprott – Questions and Answers on miners @ 14:50

      $WM Wallbridge $BAR Balmoral $ME Moneta Porcupine $NVO Novo Resources $JAG Jaguar Mining $SPOT Goldspot Discoveries $TUD Tudor Gold

        Nov 23, 2019 23:36 PM

        Musings on Investing

        Jayant Bhandari – October 22, 2019

        Excellent Gold Stock Opportunities

          Nov 23, 2019 23:27 PM

          Ray Dalio’s Billion Dollar Put Option And Why I Think Gold & Gold Mining Shares Are About To Rally.

          CEO Technician (@Goldfinger) – Nov 23, 2019 #VIDEO

            Nov 23, 2019 23:35 PM

            State of the Gold Market in 2019 – Christopher Aaron (iGold Advisor)

            Cambridge House International – November 22, 2019 #VIDEO


            Nov 23, 2019 23:45 PM

            Adrian Day: 3 Pieces of Advice for Gold Investors

            Investing News Network – Nov 14, 2019

            “As geopolitical tensions mount and economic uncertainty looms, investors are looking to safe haven precious metals like gold to fortify their portfolios and ward off personal economic crises.”


            Nov 23, 2019 23:48 PM

            Byron King: The Top Precious Metals Sector Risk for Investors

            Investing News Network – Nov 14, 2019

            “Byron King of Agora Financial is urging investors to get involved in the precious metals sector before they are priced out.”


          Nov 23, 2019 23:38 PM

          David Wilson – Gold is an Attractive Asset for Today’s Monetary Environment

          by @PalisadeRadio on 21 Nov 2019 #AudioInterview

            Nov 24, 2019 24:28 AM

            Take Advantage of the Gold Rally Underway

            By E.B. Tucker – November 23, 2019

            “Here’s why I’m writing you today: I believe $1,500 is only the beginning for gold.”

            “I expect gold to take out its previous high of $1,900. That’s about a 30% gain from here. And I expect that to happen in 2020.”

            “In fact, as I told Kitco News recently, from there I see it hitting $2,200 – about a 50% rise from its current price of around $1,470 per ounce.”

            “Political dysfunction and ballooning deficits also set the stage for gold today. The three largest central banks in the developed world recently declared they’ll do anything to stimulate their economies. That’s central bank lingo for “create more money.”

            “Notice that after gold hit its low in late 2015 (circled in red), each rally that followed registered a higher low. The pullbacks of 2016 and 2018 (also circled in red) each hit low points higher than the last. To us, this meant it was a matter of time before gold exploded higher…”


    Nov 23, 2019 23:55 AM

    Thanks for another solid week of info gentlemen. Finding the introduction to new companies great as I don’t have enough time to find possible hidden gems on my own any more.

      Nov 23, 2019 23:16 AM

      Cory is doing a great job in that area, Wolfster!

        Nov 23, 2019 23:20 PM

        +1 That he is Big Al.

        Cory is about as good as anyone I’ve heard at interviewing a range of guests day after day and giving the guests space to unpack ideas, but also asking the tough questions in a fair and candid manner.

        Keep up the great work and as always thanks for all you 2 and all the other contributors due to keep cranking out the daily editorials.

    Nov 23, 2019 23:57 AM

    Ex have been keeping an eye on pure gold. Seems to have attracted some good interest lately with larger buys and fridays volume and close certainly indicates something is up

      Nov 23, 2019 23:28 AM

      Pure Gold:
      Jeff Clark gave a presentation at a Cambridge House conference where he listed Pure Gold as his first pick of Top Five of Gold and Silver miners. I believe it is up on Youtube.

        Nov 23, 2019 23:29 PM

        Thanks for bringing that presentation up David. I went and found that Jeff Clark video, and he touches on that sweet spot post discover, but pre-production after the construction phase, which is right were PGM is. It’s worth the watch.

        Top 5 Candidates for the Gold & Silver Stock of 2020 – Jeff Clark

        Cambridge House International – Nov 14, 2019

          Nov 23, 2019 23:34 PM

          Actually at the 9:58 mark is where Jeff gets specifically into why $PGM Pure Gold is his #1 pick for 2020.

      Nov 23, 2019 23:53 AM

      Hey Wolfster – Yes, (PGM) Pure Gold is in construction mode moving towards production, so they are going to hit the phase Lobo dubbed the “Golden Runway” where a developer has a nice inflow of volume/new investors as they signal to the market they are going to graduate to a producer soon.

      It will be an exciting year for Pure Gold in 2020 and I’ve got my tickets to the dance. 🙂

    Nov 23, 2019 23:36 AM

    Why is Tezos (XTZ) Enjoying a Rush of Green Amidst the Bloodbath on Crypto Street

    In the past 2 days, Bitcoin lost about 21% of its value. Altcoins followed the leading cryptocurrency and dropped 20 to 30%. This resulted in wiping out $50 billion from the total market cap.

    However, Tezos is one cryptocurrency that is not following this trend. On Nov. 22, XTZ registered a loss of 14% but soon after it jumped over 27% to $1.40, last seen in early August.

    Nov 23, 2019 23:02 AM
    Nov 23, 2019 23:09 AM

    (IPT) (ISVLF) IMPACT Silver Finds Native Silver at Guadalupe Mine, Mexico & Provides Operational Update

    November 18, 2019

    “Numerous exceptional native silver specimens have recently been recovered by miners in the Guadalupe Mine between levels 15 and 30 in an area on the main Lipton vein named the Jewelry Shop.”…

    Nov 23, 2019 23:41 AM
    Nov 23, 2019 23:43 AM

    Trading only the largest 50 s&p companies my main account was up 85% YTD a few days back but dropped in the last few days due to Cisco and At&t and now about 72% but should come back up. This time I did not sell into panics like in the past and instead did more buying on bad days. At another bank I am up about 30% doing very low risk investments.

    Nov 23, 2019 23:17 PM

    I have complained about the removal of the uptick rule for years.
    Combined with warrants issued I have seen naked shorting used to abuse the system.

    Nov 23, 2019 23:13 PM

    Great comments by Rick Bensignor. He knows his stuff.

    Nov 24, 2019 24:49 PM

    DEG.AX : Positive drill results extend Withnell

    Nov 24, 2019 24:13 PM

    The picture is mixed for the miners but the bulls appear to have the advantage.

    The XAU is heading for 5 higher quarters in a row. If it happens, it will be the first time in its 36 years.

    Nov 25, 2019 25:50 AM

    Just for kicks, here’s a stock to consider that wont have any TLS. Couldn’t find the Canadian listing for it. Gold Spring Resources Corp. I haven’t been following lately so am not sure if it has been mentioned recently. I don’t own any and not sure of their situation.

    Nov 25, 2019 25:23 AM


    The miners could be in for significant further downside if they don’t turn very soon.

    Nov 25, 2019 25:24 AM
    Nov 25, 2019 25:55 PM

    Thanks for the charts Matthew. What are your thoughts on ISVLF these days? I also just purchased a little more ASM this morning so if you could throw a chart in on that one too with your forks I would appreciate.

      Nov 25, 2019 25:35 PM

      Boy were you right to expect a further washout of IPT/ISVLF. Assuming the metals don’t completely fall apart here (a modest new low would be ok – maybe 1432 for gold), I think .295-.29 has a good chance at being the low. About .22-.215 for ISVLF.

      I own some ASM but not much. It has some Bollinger Band and fork support about 8% below but it has the potential for twice that easily if the sector continues to struggle.

      I consider this week to be very important and we could see lows above the numbers mentioned IF this week marks a low like I thought it would. Otherwise, my targets for both could be optimistic.

      It’s very hard to say right now but I sure don’t like the way the daily charts look for the mining etfs. (Of course it’s not uncommon for charts to look bad at a low.)

      To summarize, your guess is probably better than mine.

    Nov 25, 2019 25:38 PM

    GDXJ could have 2.5% to 6% more downside from here even if the metals do hold up.

    Nov 25, 2019 25:42 PM

    Thanks Matthew. Good perspective. Right I am taking profits and only redeploying lightly. I think with this week being a light trading week there could be some wild swings. After tomorrow I will be packing it in for the week and see where the dust settles come next Monday.