Hour 1 – Macro thoughts on Markets balanced with gold stock insights
It’s a very different market from 6 months ago. US markets are boring, precious metals are one of the most volatile sectors in the world and Robinhood traders are causing big moves in major tech stocks. All of these topics are discussed in this first hour.
I hope you all enjoy this weekend’s show. Please keep the emails coming, especially for all the companies I am featuring throughout the week. It really helps me focus the interviews on what you are all looking for. My email is Fleck@kereport.com.
- Segment 1 and 2 – Jesse Felder kicks off the show with insights into how Robinhood traders are causing some crazy short term moves in Apple and Tesla. We then move into the gold sector and the recent volatility. This ties into gold stocks and how Jesse is investing currently.
- Segment 3 – Brien Lundin joins me to share the exploration plays he is watching and investing in. Companies mentioned are AUX Resources, Libero Copper and Gold, Electric Royalties, and Filo Resources.
- Segment 4 – I’m featuring the interview I had with Lawrence Roulston on Tuesday this week. We focus on the current drill program of Mountain Boy Resources in the Golden Triangle of BC.
Exclusive Company Interviews This Week
- Eclipse Gold Mining – A look ahead to the upcoming drill program at the Hercules Project in Nevada
- Aztec Minerals – A new President and CEO and drilling starting at the Tombstone Project
Matthew posted the info…..Friday……GOOD HEADS UP…..
Wonder why Warren bought Barrick instead of NEM, AEM, FNV, RGLD, SAND, OR,AG, HL, WPM, PAAS, Irving, Lion One, Novo, OCANF, PVG, SSRM, SSPXF, USAS, WHGOF, Eloro, Condor, AUG, and Hartbeestefontaine?
Good question…….Market Cap….easier to trade?
He bought 20.9 MILLION SHARES……at @$26(?)…….that is a lot of money moving…..
GOING forward………IT will be like a Monopoly Game…..the little people will be eaten , while the move up in gold is taking place…..Eventually, there will be only a few…..
Buffet bailed out Goldman back in the 2008 crisis. Barrick has been know. To be tied to the Carlyle Group and big money interests. There may be some “good ol boy” association in this purchase.
Lot of scum bags in those groups………
I was trying to be polite.
Hold nothing back…. 🙂
Bix Weir………….thinks Buffet is going to buy back his silver…….sgt report…..
The silver he was forced to sell, ……93million oz….I think was the numbrer….to start the slv.(?)…..back umpteen years ago…..
Police Arrest Infowars Reporter Millie Weaver (@Millennial Millie) Infowars reporter Millie Weaver, @Millennial Millie, uploaded a livestream video of a police officer showing up to her home claiming…YouTube
I wonder how many people even know about Millie…….very few…..would be my guess.
Wonder if,…………JIMMY AND OWL ….know…….
What They Don’t Want You To See
Video at the heart of the Millennial Millie witch hunt:
Thanks for posting …………CHartster posted additional info. FRIDAY…..
I posted the same over at the POLITICAL SECTION……EVERYONE NEEDS TO LISTEN….JMO
Will get you head out of your…….
Palisade radio Quinton Hennigh
Mentioned by Quinton:
New Found Gold Corp. reaches new 52-Week High
Shares of New Found Gold Corp. (TSXV:NFG) hit a new 52-Week High today, currently trading at $1.59 on volume of 600 shares.
In the past 52 weeks, New Found Gold Corp. has traded between a low of $1.24 and a high of $1.57 and is now trading 28% above that low.
Thank you Cory. Jesse’s 24 minutes is absolutely one of his best ever IMO. Smart guy. Great listen………
Roy-Byrne on Palisade Radio:
10min in Buffett buys Barrick Gold lol Mr gold hater.
The only thing that motivates Buffet is his love of his money. He’s like the rest of us Bill, self centered and being a trader he sends his money where other money is headed so it doesn’t get lonely. DT
If Lawrence Raulston like Mountain Boy, I must check it out. DT
Freegold Ventures, TSX: FVL, there has been no new drilling news out for 3 1/4 months, I have been holding because I think they will go much higher when the drill results are announced just before their AGM on September 15th. I am surprised that this stock hasn’t corrected more than this by now. Hold on to your winners, some stocks you just have to put in the not selling for now pile! LOL! DT
David Morgan on USAWatchdog:
OOPs…………..Rush to GOLD…..Turkey…on the Run……
Toronto rental market hit by spike in apartment vacancies, the rubber band is contracting. DT https://wolfstreet.com/2020/08/13/toronto-real-estates-latest-problem-is-soaring-rental-inventory/
The bailiffs will be busy with eviction notices for people who haven’t been paying rental fees or mortgages. Then there is the problem of people who have deferred rental payments, and are evicted due to non compliance, no landlord will rent out units to those who have defaulted. The snowball is getting bigger. DT
I always enjoy listening to Jesse Felder. I had one question in the back of my mind when he was talking about all the call buying being a sure thing. Who is selling all these calls to the hedge funds and taking the sure losses?
Who is selling the calls? I’d guess people who believe 1. money printing won’t happen or 2. that it will but will not be enough to keep markets from crashing when the fall and winter covid waves hit with their accompanying employment crashes. Or 3. markets go sideways regardless.
Frank Holmes on gold
Frank and Billy CLinton fly by…….I would never listen to FRANK….PERIOD.
The secret is out, I heard on the car radio main stream money managers recommending gold.
Maybe they feel ok now because Buffet bought.
b, they know the herd will follow, Baaaaaaaaaaa… DT
This volatility is a spanner in the works. With so much gyrations back and forth its hard to get a read in the short term. I can personally see both gold and silver going lower again and expect them to do so this week. How low they go is anyones guess? I mean technically, silver could hit the $20 handle before its up-trend from the March lows is negated. $1800 for gold for the same scenario. I will be interested to see how the PMs markets digest the news of Buffetts buy into gold over the next 24 hours.
Seems I’m not the only one who went away for the weekend…….great week of shows and information again gentlemen…..looks like it might be another good day …..been flipping in and out of Brixton and vizsla lately on short term/day trades.
Buffet Rally: Sold 100% gain in Treasury Metals and rolled into Vizsla. Picked up some Aston Bay with left overs. If wasn’t a pandemic, I would drive to Key West and thank Buffet personally.
(Trying to stir up business here): sold some Metallic profits and added to Minera Alamos. MAIFF heading to production maybe first of year.
David, you will have to wait until Ex gets back, he’s busy convincing his lady that he likes her better than The Stock Market. LOL! DT
…and you put that in writing. Some friend you are. 🙂
Good one DT. I’m doing my best to keep the wolf away from the door and keep everyone happy. 🙂
Picked up an entry position to Sirios Resources, SIREF, after drill results James Bay Quebec.
Warren Buffet sold OXY and bought Barrick! That ought to make more people notice gold.