US Markets, Oil, and Gold – Looking at key drivers for this month and into early next year

December 5, 2020
Full Weekend Show

In this hour I focus on the continued run higher in US markets, oil’s recent price pop, and an update on the first drill results from TriStar Gold.

Please everyone please keep in touch by emailing me at Let me know any other guests or companies you would like to see on the show. I will do my best to get them on the show for an update.

I have an upcoming webinar featuring Vizsla Resources on Tuesday December 8th at 11am PST (2pm EST). We will be focusing on the recent discoveries and current drill program which is one of the largest underway in Mexico. Click here to register for free.

I hope you all have a great weekend!

  • Segment 1 and 2 – Jesse Felder kicks off this weekend’s show by balancing out the extreme bullish sentiment and new all-time highs for US markets. We also discuss the sectors that Jesse is bullish on currently and what a possible stimulus bill will look like in the US.
  • Segment 2 – Josef Schachter is up next with a look into the energy market. He breaks down the main drivers for oil moving into next year and the stocks investors should be looking at during tax loss selling time.
  • Segment 4 – Nick Appleyard, President and CEO of TriStar Gold (TSX.V:TSG – OTCQX:TSGZF) wraps up the weekend show with an update on the first 6 holes from the Company’s current 12,500 meter drill program. We also look ahead to the upcoming drill results and goals of the overall program.

Exclusive Company Interviews This Week

Jesse Fedler
Josef Schachter
Nick Appleyard – TriStar Gold
    Dec 05, 2020 05:57 AM

    A month of Gold:
    (If 1829 holds, raise lower hash to shadow.)
    Possible pull back for miners into mid-week.

    Dec 05, 2020 05:40 AM

    Josef lost my balls following your picks, why should people trust you again?
    After the crash you came out and said buy certain stocks because of the dividend, then they cut their dividend and we lost again. Retire you looser.

      Dec 05, 2020 05:44 PM

      I agree. Never followed his advice but took the ‘wait and see’ approach, so still have mine.

        Dec 05, 2020 05:49 PM

        Bobby M……says….Nobody know anything……
        There are no gurus……nobody knows anything. Do your own DD…..JMO
        Some do know some chart action , that is for sure….but, no one can anticipate the corruption…..JMO

          Dec 05, 2020 05:49 PM


          Dec 05, 2020 05:21 PM


          I repeat we have the best of the best in here hands down! Short term technical and even longer term Frame there are few if any that have put themselves out there and hit targets like I have done in the last year including matthew. You are a pillar with gold going higher as you and many other know that. But again I say this for technical short term numbers I have hit more than any this year. And you know what’s best? It’s free.. you know what’s greater? What I learned I pass on. Great feeling!

            Dec 05, 2020 05:24 PM


            I meant out themselves out there with targets like me and Matthew. Short term technicals. You as well. Everyone else I see is after the facts. Maybe I missed one or two. I’m referring to the site.

            There is no doubt that the family in here are smart investors and longer term investors. Wealth of knowledge of which I learn as well.

            Dec 05, 2020 05:28 PM

            Gold update!

            Been awhile boys…

            Gold technically looking very good. We continue an inverse head and shoulders formation of which I was very vocal about two weeks ago. Up and down up and down. Could retest left shoulder low who knows but overall, headed towards $2300-2400..

            Miners are going to fly..

            Dec 05, 2020 05:30 PM

            Update update!

            Anyone remember my call about 3/4 months ago maybe longer.. CAD longer term will hit all time high vs US dollar and break through. Cad going much higher hence why I double dib in cad miners..

            Short term target break through .80 easily.. rest and continue

            Your truly



            Stay tune..

            Dec 05, 2020 05:01 PM

            Glen, about your longer term bullish CAD outlook. Don’t you think the astonishing debt being run up has to function as a cap on CAD upside? It’s hard being bullish if it means the CAD (or the USD for that matter) only looks good relative to other currencies…i.e. other countries are even worse basket cases.

            Dec 06, 2020 06:00 AM

            Hello Glen…..
            Hoping all is still well..You my man, have been spot on….along with Matthew…
            You and Matt, said it was going higher last week, before it did, and you were spot on with the chart action.
            Looking forward to your next call…..

            Dec 06, 2020 06:01 AM

            you….to…..the other sounds a little racist…. lol… 🙂

            Dec 06, 2020 06:03 AM

            Btw….Glen………I always enjoy your comments…
            and I do remember you mentioning the cad dollar…

    Dec 05, 2020 05:42 AM

    Hi Cory.
    Thank you for a great show.
    Especially your conversation with Jesse Felder 😎
    Thanks for all your efforts!

      Dec 05, 2020 05:17 AM

      Hi Anders, did you take part in the rally that stopped the Danish government from making the Covid vaccine mandatory?

    Dec 05, 2020 05:19 AM

    Looking forward to listening. Have been trading recently. I have positions in micron and opened some netflix and fsly spreads

    Dec 05, 2020 05:58 AM

    Good to get R Pauls opinion.

    Dec 05, 2020 05:37 AM

    Wild retoric by gulliani is a reveal . Why didnt Trump with draw troops several years ago or BEFORE THE ELCTIONS ??? Cory Lewendowski now given job in pentagon ?? Hes a coonspiricy guy . I think Obama and Kamala will bring out more Ossoff voters than Trump will bring out Perdue voters . Do you guys on this site really want Don jr to be president in 4 years ?? Thats what Trump is planing .Also rumors that ivanka will run for a senate seat or house special election somewhere.Pray for sanity

      Dec 05, 2020 05:11 AM

      This is the mining section…….no more politics on this area………get with the program

        Dec 05, 2020 05:19 AM

        Let’s stuff some more ballot boxes… duh…..

        Dec 05, 2020 05:20 AM

        Jerry, Russell is “not all there” if you know what I mean. He proved that long ago.

          Dec 05, 2020 05:02 PM

          Matthew, I think you are spot on……

            Dec 05, 2020 05:38 PM

            Matthew, you are right as usual. Hope everyone heard Mike Adams’ interview of Dr. Andrew Wakefield yesterday. He agrees with Ron Paul about Covid vaccines.

          Dec 06, 2020 06:22 PM


    Dec 05, 2020 05:32 AM

    Thanks Cory for the Jesse interview. Won’t be changing any bets on gold in early 2021 but if Jesse is right, most of the pundits/analysts are going to be wrong. Some of us will just have to suck it up!

    Dec 06, 2020 06:50 AM

    WHAT’S NEXT? America turns it’s empty malls into homeless shelters for the unemployed. The saga of the Mall Rats continues, call it what you may, “Hoovervilles” or “Bidenvilles”, The United States is a different place than The United States shortly after The Second World War in the fabulous fifties, sixties, and seventies. An old order has given place to a new led by China. We only have ourselves to blame for this greed driven obsession backed by phony money that has destroyed us morally and financially. DT

      Dec 06, 2020 06:56 AM

      Building on the backdrop posted above Gold has become the pre-eminent currency, Utopia can return but it won’t look like what we had in the past. DT

        Dec 06, 2020 06:08 AM

        Mall real estate, …Simon Malls is making deals with Bezo…… turning malls into delivery zones….for quicker delivery …that is Indianapolis based Simon Group, which owns about 200 plus malls around the USA….and some over seas….

          Dec 06, 2020 06:20 AM

          Jerry, it’s an illusion to think that Bezos will need more than 5% of the empty malls in America. DT

            Dec 06, 2020 06:00 AM

            I just mentioned, that Simon Mall was leasing to Bezo…in prime areas…..
            And you are correct…concerning the percentage , or at least I think you are close on the percentage…….Bezo, just has to be close to an area, to get the crap out on time…

    Dec 06, 2020 06:12 AM

    My oil stocks have been screaming higher: Transocean, Apache, Devon Energy, and Clean Energy Fuels. Maybe they will correct soon, but its been a nice run already.

    Dec 06, 2020 06:15 AM

    This is not a dream, this is why Pure Gold Mining is about to move much higher, it is all about supply shortages and critical demand especially in regards to location and high grade gold. DT

      Dec 06, 2020 06:45 AM

      Yes I still hold some pure gold….did transfer some over to goldon who’s got the property right next to where pure golds drilling

        Dec 06, 2020 06:49 PM

        Hi Wolfster, I haven’t pulled the trigger on GoldON yet. I imagine they will start to move up in unison with PGM. They just started drilling so I expect those results won’t be out until mid January. That leaves me some wiggle room, if they don’t get a decent drilling result the first time their stock will be punished but overall they look good. DT

          Dec 06, 2020 06:53 PM

          I like the chances for the drill results on west madsen as it is right along the strike line that pure gold is following on their property

      Dec 06, 2020 06:40 PM

      As always DYODD

    Dec 06, 2020 06:39 AM

    Great info and comments as always. Yes I’ve been reading everything just so busy haven’t had time to make any comments….

    Glenfidish.👏👏👏…..definitely looking like you nailed it……so hope so. I still have a disproportionate amount of my portfolio in the metals

    Regarding pots……not enough acknowledgement of how much money is being made here especially with the warrants that trade

    Also the RNG sector has been on fire….Greenlane Renewable and Xebec are my favs

    EV had a nice run but has had a huge retracement…..longer term the better players will be much higher from..

    Overall market still seems scary but what do I know…

    Dec 06, 2020 06:49 PM

    Yes ! Western World ! Yes You Can ! Biled Back Beter ! Remember don’t worry the Banks are save !

    Dec 06, 2020 06:19 PM


    You the man! As long as you say gold goes higher all Is safe and I will continue to give the short term numbers to for stages of gold. Buy low sell high. Whatever the flavor.

    Blaze to answer your question regarding currency debasement and Canadians, yes your 100% correct cad going higher the prettiest gal in the ugliest bunch lol.. You heard it hear first before all the shot callers come claiming after…Cad breaking through 110.17 on a much longer time frame 1-2 years possibly maybe less.. but break through it will on its second or third attempt.

    P.s December 6, 2020 Im case someone pulls up my old post lol..
    Need to patent this call from news letter writers and subscription con artist.

      Dec 07, 2020 07:47 AM

      🙂 Gold going a lot higher…….Platinum going a lot higher….

    Dec 06, 2020 06:35 PM


    I’m listening to all your post! I’ve said this many times about warrants and you and Matthew and others having way more knowledge then me in that regard. You have me thinking a d I have been doing some research behind warrants and getting my beak wet more In that aspect.

    In regards to lot that is not my sector but I’m 100% open minded and not married to anything. I understand you really like the sector and that it has done well for you. If and when you can please name 2-3 stocks that you think in the pot Sector that can hold there weight like an impact silver or Santacruz, silvercorp or great panther etc.
    Through then at us.


    Dec 06, 2020 06:38 PM

    Forgive grammar! Wolf I’m talking about pot/marijuana lol stocks.. brownies cookies if you may lol..

      Dec 06, 2020 06:46 PM

      Glenfidish and Matthew

      Thank you for the Gold updates and charts that you post. What do you think about oil and the oil stocks, i bought some when they crashed and oil went negative where do you see oil going from here, they almost double bottomed resently, was that it? When is the next buying opportunity in your opinion?

        Dec 07, 2020 07:27 AM


        $WTIC from a monthly perspective is attacking the 50 day moving average easily. Once there you could get a little pullback and retest of the $44-48 dollar area before attacking again and easily surpassing 200 day moving average. Basically what I’m staying is oil is going do for very well! Hold on tight..

          Dec 07, 2020 07:31 AM

          Thanks Glenfidish, very much appreciated, should have bought moore oil stocks , but will buy on pullbacks.

            Dec 07, 2020 07:23 AM

            Pete, I think you are smart to buy the pullbacks. The oil and the oil stocks in particular are heading much higher in this intermediate term advance and far higher after that, long term.

            Dec 07, 2020 07:30 AM

            Thank you, Matthew.

          Dec 07, 2020 07:44 AM

          (I meant that the oil stocks, XLE almost double bottomed, not oil, for clarification)

            Dec 07, 2020 07:42 AM


            The shares/stocks to me have put in there bottoms correct and oil is really-affirming it. Any pullbacks should be bought and significant pull backs which I highly doubt at this moment should be bought more aggressively.

            Dec 07, 2020 07:40 AM

            Nice, Thanks Glen.

    Dec 07, 2020 07:31 AM

    As mentioned to Matt last week, we could have a “possible” test of that famous $1781 are but I could live with $1800 as well as a very quick retes of the low and off we go..

    Exciting times ahead.

      Dec 07, 2020 07:53 AM

      1781-1800 is fine by me, or even a spike down to 1700-1720 (just guessing 🙂 )
      Thanks Glen.

    Dec 07, 2020 07:10 AM
    Dec 07, 2020 07:26 AM

    SLV’s reversal last week made today’s action unsurprising:

    Dec 07, 2020 07:39 AM

    THE GROUP…. You guys ROCK……..are WAY AHEAD OF THE PACK………..zerohedge copy cats….lol

    Dec 07, 2020 07:01 AM

    Really great timing call by Glenfidish.

    Dec 07, 2020 07:07 AM


    Turmalina Metals Corp.’s drilling program at the San Francisco project has continued to intersect broad intervals of gold-silver-copper mineralization at the San Francisco de Los Andes (SFdLA) breccia pipe, as well as broad intervals of copper mineralization in the Chorrillos breccia pipe.

    Dec 07, 2020 07:04 AM

    My personal favorite. While waiting for something to read on this page, check out this Michael Oliver interview. He really explains his methods and where he believes things are going.

      Dec 07, 2020 07:15 AM

      I think Oliver’s momentum work is great but his targets are subjective and not derived from his signals. I “know” this because momentum measures can’t provide targets with any precision. At the moment, even 2900 looks like a stretch for next year with 2400 to 2700 being easily doable. His target would come from a currency crisis of sorts and of course can’t be ruled out with all these Keynesian/commie nuts running things.

        Dec 07, 2020 07:21 AM

        Good thoughs,….. with the $2700. to 2900…..I was going to comment, earlier, and say, $3500 would be a stretch…..

          Dec 07, 2020 07:29 AM

          Regardless, of the number….anything over $2200 , is sweet…..without anymore testing…

            Dec 07, 2020 07:43 AM

            Gold up about $20 today, my shares have hardly budged.
            It looking like its gonna take over 2K for them to do anything significant.

            Alot of money going into cryptos, thats got to have an effect, last interview I saw they were saying the last time we were in this position gold was the only choice, this time people have choices.
            Gold may not go as far this time as people expect.

            To really make it move I think somebody has got to back their currency with it.
            That may or may not happen.

            Dec 07, 2020 07:21 PM

            b, have a look at Pure Gold Mining. (SYL-PGM) DT

            Dec 07, 2020 07:36 PM

            A few thing have to happen for the mining share to move forward…..IMO,,,,
            Phyz silver needs to break that cup at $49 silver, silver is just not acting like it knows anything…….Gold already doing all the work…..Gold, silver , then miners…..
            Yes, some miners are going strong, but, in order for the pack to pull ahead, we need silver to get on the stick……..JMO……. :)….
            Rant of the DAY…….I am in cocktail hour…. 🙂

            Dec 07, 2020 07:14 PM

            thing to things….

    Dec 07, 2020 07:18 AM

    Thanks Jerry: One of those things that makes you go hhmmmmmm! No?

      Dec 07, 2020 07:22 AM

      SD…..hummmmmmmm , ya…. 🙂

      Dec 12, 2020 12:07 PM

      Not completely true.

    Dec 08, 2020 08:00 PM

    Why did you screw up this web site Chris?

      Dec 09, 2020 09:04 PM

      I mean Kory its more difficult now.