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Welcome!

In depth discussion on the reflation trade underway and an update from Cartier Resources

Cory
December 19, 2020
Full Hour Show

It was a good week for markets across the board. The key topic that I cover on this weekend’s show is the reflation or inflation trade that is underway.

I love hearing from you all so please keep the emails coming to fleck@kereport.com.

  • Segment 1 and 2 – Rick Bensignor kicks off the show by sharing his thoughts on the current market environment where everything (expect the US Dollar) is heading higher. This leads into a discussion on the possibility of inflation rising next year and what the central bank response will be.
  • Segment 3 – Steve Todoruk, Investment Executive at Sprott Global explains why he hates optionality plays and provides an outlook for M&A in the metals sector. To send Steve your questions on companies in your portfolio you can email Steve at STodoruk@sprottglobal.com.
  • Segment 4 – Philippe Cloutier, President and CEO Cartier Resources (TSX.V:ECR) wraps up the show by outlining the upcoming 30,000 meter drill program at the Benoist Property and the recent Resource Estimate that was released.

Exclusive Company Interviews This Week


Rick Bensignor
Steve Todoruk
Philippe Cloutier – Cartier Resources
Discussion
188 Comments
    Dec 19, 2020 19:17 AM

    “Catherine Austin Fitts –Reset Means Digital Control System”

    https://youtu.be/bmKLUJ0_tUM

    BDC
    Dec 19, 2020 19:38 AM

    Gold close for the week: https://postimg.cc/XBr1xCcx
    “Three drives to the top” (see left) are now unlikely.
    A simple retest could drive miners higher next week.

    cfs
    Dec 19, 2020 19:14 AM

    Let me state, at this point in time, I do not own any part of one Bitcoin.
    Indeed after a few thousand more dollars run-up, it would not surprise me if BTC value had a sudden 30% drop. However, bitcoin DOES HAS WORTH. Why? BECAUSE IT HAS UTILITY.
    As the first crypto mover, it still is the most common entry point into cryptos. (Indeed for many cryptosm they are only purchasable via exchange for bitcoin.)
    At a time when many are moving from big cities into smaller towns; at a time when people are moving from high tax states to low tax states; at a time when people are moving from oppressive countries to less oppressive countries, bitcoin does represent a highly mobile hold-in-hand quantity of worth.

      Dec 19, 2020 19:08 AM

      A couple of mounts ago I bought my first bit of Bitcoin on Gemini and much more via GBTC and then recently really started buying it and Ethereum on PayPal. Gemini is a pain to deal with while Paypal is a breeze so sooner or later I’ll be moving my little bit of Bitcoin to PayPal. I did this as an experiment and learning exercise and also to get a bit of diversity in my holdings. Since PayPal is accepted at many stores having some alternative currency available in a pinch seems prudent. My plan is to build up and ultimately hold a couple of % of my assets in Bitcoin, I still and will own gold, silver and miners in the future but getting my feet a bit wet in the crypto seems a reasonable thing to do.

        Dec 19, 2020 19:02 PM

        Mike I agree that it is a reasonable thing to do.

          Dec 19, 2020 19:28 PM

          Big Al:

          Thanks and I hope you and yours are doing well –

          Mike

        Dec 20, 2020 20:37 AM

        Mike – Good post and pointers on using Paypal in conjunction with Bitcoin and Ethereum.

          Dec 20, 2020 20:52 AM

          Pomp Podcast #436: Dan Tapiero on Gold and Bitcoin

          Anthony Pompliano #AudioInterview

          “This is an episode of The Pomp Podcast with host Anthony “Pomp” Pompliano and guest, Dan Tapiero. Dan is one of the most well-known macro investors in the world with 25 years of experience investing across asset classes on Wall Street.”

          “In this conversation, Dan and Anthony discuss the gold thesis, the bitcoin thesis, the recent divergence, whether they will co-exist in the future, how to think of an ideal allocation to either, and stock-to-flow models.”

          https://youtu.be/UTR8HfdvbRc

          Dec 20, 2020 20:51 AM

          According to Fitts……purchase of bitcon,is helping the controllers , take over.
          Bitcon,cyptos,.(7 min mark).. will be used to put everything in the cloud, for central control, of who gets to play ,
          usawatchdog, about the 6 min mark, total control
          Fitts says the reset is also “the end of currencies.” She goes on to say, “It’s the death of currencies. Currency is something that is liquid. Currency is something I can put in my pocket and walk away. This is a digital control system. This is a credit at the company store. You will be given a credit at the company store,

            Dec 20, 2020 20:12 PM

            The globalist cabal has had a plan for “the end of currencies” for some time, and things have been moving towards digital currencies regardless (with or without Bitcoin or the altcoins on the blockchain).

            Think of how long people have already been conditioned to convert their digital bank dollars into Paypal to buy things on Ebay or Amazon, or Venmo, or the dozen other online payment systems. Think of going to Las Vegas and converting physical dollars into chips. Kids have been doing this with video games for several decades converting their money into gaming tokens or credits, and adults have been doing it online for decades with online gambling sites. Humans have been converting their greenbacks into other digital currencies/tokes/credits for some time now, and the rise of digital banking and money transfers where no physical cash is used has been growing for many years now.

            Each country will want it’s own digital currency, and many companies have also tried to create their own. That is an unstoppable force at this point, whether or not someone buys Bitcoin, Ethereum, Litecoin, Tether, or Ripple…

            I agree that there is no doubt all of this will be used as a digital control mechanism, and to further the death of physical cash. Cash is already mostly non-existent in many Asian countries, and now under the conditions and cover of the Pandemic, many businesses are voluntarily outlawing physical cash.

            The cheese is moving, for better or worse, and there are convenience benefits with digital money, but at the huge price of lack of privacy and autonomy. It’s a brave new world out there…

            Dec 20, 2020 20:48 PM

            Very accurate comment Excelsior. Everyone should be aware of this.

            Dec 20, 2020 20:40 PM

            The digital cheese……is kind of hard to eat….. LOL

      Dec 20, 2020 20:53 AM

      Largest U.S. cryptocurrency exchange Coinbase files for IPO as bitcoin soars past $23,000

      Dec 17 2020 – Pippa Stevens

      “Digital currency exchange Coinbase is going public as renewed investor interest in cryptocurrencies has pushed bitcoin to an all-time high.”

      “On Thursday the company announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission. The form is expected to go into effect after the SEC completes its review process.”

      https://www.cnbc.com/2020/12/17/largest-us-cryptocurrency-exchange-coinbase-files-for-ipo-as-bitcoin-soars-past-23000.html

    cfs
    Dec 19, 2020 19:39 AM

    ANCOUVER, BC, Dec. 17, 2020 /CNW/ – Sassy Resources Corporation (“Sassy” or the “Company”) (CSE: SASY) (FSE: 4E7) (OTCQB: SSYRF) is pleased to provide an exploration update including Phase 1 drill results for its 146 sq. km and 100%-owned Foremore Project in Northwest B.C.’s prolific Eskay Camp in the heart of the Golden Triangle.
    https://www.stockwatch.com/News/Item?bid=Z-C:SASY-3007732&symbol=SASY&region=C

    cfs
    Dec 19, 2020 19:46 AM

    Blackrock drills 29 m of 964.8 g/t AgEq at Tonopah

    2020-12-18 09:38 ET – News Release
    Mr. Andrew Pollard reports
    BLACKROCK’S VICTOR TARGET EXTENDED 480 METRES TO THE EAST ON TONOPAH WEST PROJECT

    Dec 19, 2020 19:31 AM

    Would you really want $10,000 gold? Peter Hug gives his 2021 outlook

    Kitco News – Dec 18, 2020

    0:00 – Gold price action
    5:37 – Fiscal stimulus
    7:45 – Silver price outlook
    12:15 – Gold price growth in 2020
    14:45 – Buy gold now?
    18:00 – What $10,000 gold means for economy

    https://youtu.be/uy-7oo-2iJI

      Dec 19, 2020 19:38 AM

      Peter Hug also mentions at that 7 min 45 sec mark about the likely outperformance of Silver over Gold in 2021.

        Dec 19, 2020 19:44 AM

        The leverage in the miners over the metals, and Silver miners with the most upside torque is quite likely to re-establish itself in 2021 and even into 2022. I’ll be looking to future pullbacks and corrective moves to add to Silver miners, and may still add a bit more over the next few weeks, but I’ve got 21 Silver stocks at present, and am in a healthy position for this trend to play out.

          Dec 19, 2020 19:46 AM

          I am buying a big torque wrench…….. lol…… glad you are back…..from tree hugging . 🙂

            Dec 19, 2020 19:51 AM

            OOTB – Good plan with buying the big torque wrench… for all that coming torque…

            Yes, it is nice to be back to glowing screens once again. How many mountains, canyons, rock arches, rivers, lakes, oceans, and trees can one really hug anyway? Haha!

            Once you get that super wrench, then let’s get things cranked up to the next level, eh?

            We have cup and handles that need filling, to put some pep into everyone’s step.

            Dec 19, 2020 19:14 AM

            Yes indeed………………silver is looking really good, …..all in the big plan…..
            Silver needs that push to $49, then look out…. 🙂
            The miners are going to be just fine…..going forward.
            I just like that gold feeling,…..nothing like it…… 🙂

          Dec 19, 2020 19:28 PM

          You very accurately provide morale for my additions of those sectors in my upcoming interviews.

            Dec 19, 2020 19:05 PM

            Mexican billionaire Hugo Salinas Price also loves silver. So does Bonzo.

            Dec 20, 2020 20:05 PM

            It wouldn’t be much of a bull market if silver didn’t outperform gold on a percentage basis but I think gold is going to perform better than most expect. There is still a huge amount of very high net worth money that has yet to diversify at all and it will seek gold by a very wide margin for its stability and depth of liquidity. So, I like the silver miners most followed by small gold junior miners with physical silver in a close 3rd place. I haven’t bought gold in years and I’m not going to now. Gold (money) has been in a secular bull market versus commodities for the last 20 years and the odds are good that that bull peaked this year. In other words, deflation in real terms is over. Someone should tell Bob Hoye since he has been expecting deflation in nominal terms the entire time.

            Dec 20, 2020 20:40 PM

            So Matthew, you disagree with Doc. I personally don’t but I put what he said into the not just the gold category but the entire precious metals category!

            Dec 20, 2020 20:46 PM

            Matthew is in his sweet spot……and will be well ahead of all gold bulls,…..it takes a lot of know how to play in Matthew’s league……and I am sure he will be way ahead of the crowd in pm market at the end….problem , is most others will not be as lucky…..
            Gold is just a lazy way to play the PM Market,….. JMO

            Dec 20, 2020 20:54 PM

            I personally play the pm market with both gold and silver.

            Dec 20, 2020 20:21 PM

            Al, I don’t know if I disagree with Doc, what did he say that you’re referring to?
            For the record, I’m not against gold and many people need to get some or get some more. I’m just confident that it will underperform the rest of the sector for the next few months from here. I’d buy it before I’d buy the bond market or conventional stocks, that’s for sure.

      Dec 19, 2020 19:44 AM

      It is too late to worry about , “would you want”…………..with $200 TRILLION of DEBT….gold should already be at $10,000……….
      Some people are going to be a day late and a few billion short…….lol

        Dec 19, 2020 19:47 AM

        Yes the US is a few trillion short… but what’s a few trillion here… and few trillion there… amongst the friendly money lenders and government money spenders? 😉

          Dec 19, 2020 19:16 AM

          🙂

          Dec 19, 2020 19:26 PM

          Jesus certainly did the right thing when he turned over the tables of the money changers. We all need to learn from his words and actions.

            Dec 19, 2020 19:11 PM

            He knew the money changers were ripping of the worshipers ……

            Dec 19, 2020 19:12 PM

            of to off…….man I am having a bad eye day…..

        Dec 19, 2020 19:19 AM

        Soon we will see that what has taken place in Washington with Hillary and the e-mails and Hunter Biden etc… etc…., is all washing of dirty linen and the plain citizens (sheeple) will not be able to keep clear in their minds what has transpired. Resentment at the scandal and the scandalmongers will give way to apathy. Nobody cares, the public does not want to dwell on the past. The wrongdoers will never be punished. Jerry, you are a voice in the wilderness. DT

          Dec 19, 2020 19:30 AM

          Call of the Wild…… 🙂 They have been kicking me out of places for years… lol 🙂
          THANK YOU DT….

            Dec 19, 2020 19:32 AM

            DT………I think you are spot on…….concerning the sheeple, and “who cares”….

          Dec 19, 2020 19:18 PM

          Yes DT, Jerry is a voice in the wilderness. And to elaborate on another of your comments: “People do not want to admit what may seem dirty”. People want to believe that nothing is out of order in America. And, elected officials are counting on that. Brian Baird told me a long time ago that he left government (which he eventually did) because he felt it was not efficient. That is saying something isn’t it!

            Dec 19, 2020 19:33 PM

            Thank you OWL……..appreciate the kind words…..sorry, for going off on a RANT….
            It, just pisses me off, that the America, I though we had does not exist for the future and the kids….

        Dec 19, 2020 19:29 PM

        Jerry, that was my initial rationale when I started to become active, years ago, in those sectors.

          Dec 20, 2020 20:41 AM

          ditto on active….and years ago….

    Dec 19, 2020 19:38 AM

    Audit the Fed and the Exchange Stabilization Fund. That will load a Grand jury Docket for years.

      Dec 19, 2020 19:16 AM

      The Fed will never be audited………….the CONGRESS…….is on the take……real simple, how in the hell are they going to make a living on $135,000 a year…lol

        Dec 19, 2020 19:18 AM

        sorry…. $174,000 plus perks…..

            Dec 19, 2020 19:16 PM

            I have been away from the precious metals sectors for too long, but give me a little time and I will be back in spades as they say!

          Dec 19, 2020 19:24 AM

          Hi Jerry…You left out the Kickbacks..which maybe more than their salary..

            Dec 19, 2020 19:53 AM

            A whole lot of kick backs………MILLIONS…..no one is going home broke….lol

          Dec 19, 2020 19:10 PM

          By “perks” do you mean generous expense accouonts

          By “perks” do you mean generous expense accounts.?

            Dec 19, 2020 19:14 PM

            Perks………meaning anything they can steal and get away with it…….
            Anything goes in congress, that has already been proven….Insider trading, to some, but,, congress gets a pass…….How about the wife of the NYSE Chair…..running for senator in GA…..

        Dec 19, 2020 19:21 AM

        00TB
        You have been right so far on the audits. That is why I keep pushing any legislator that will listen to support the Appointment of a “Real” Prosecutor as Attorney General. We can a accept smoke being blown in our face or complain. The Constitution is fine.. it is enforcement that has been lacking.

          Dec 19, 2020 19:46 AM

          David…..it is a sad fact……Have you listened to the post that Matthew posted , and I reposted …lewrockwell ron paul ……dated 05…..supreme court…., we have a real big problem , congress is way of order concerning the Constitution…..congress does not have a clue…..never going to change, until the people REVOLT…..I think, it is down to that….

            Dec 19, 2020 19:55 AM

            Jerry, I certainly agree that there is a lot of danger out there and I do think that this represents a valuable discussion point.

            Dec 19, 2020 19:21 PM

            Where do you start in enforcing the law at the Federal Level? The President. The President appoints the Attorney General. Law Enforcement at the Federal Level is the Jystice Department. If you want the SEC to regulate, you require they do their job. Doing their job includes referring criminal cases to the FBI. Once the FBI does an investigation it gies to a GranD Jury fir indictment. The indictment goes to the Courts.
            That doesn’t happen because the Administrative Branch allows the SEC and Justice Department to settle massive fraud cases and market manipulation by Civil Fine.
            That in itself is illegal. Solution: Get an honest President that appoints an honest prosecutor that “allows” the career law enforcement to their jobs and demand that they enforce the laws as they exist.
            It is that simple. Finding someone honest to elect is a real problem. It may be necessary to make law enforcement somehow independent from political influence. Their job is enforcement of the laws.. not a political theory.
            Government employees whether elected or appointed, swear to support and defend the Constitution. Make them do it or get rid of them through
            voting or jail.
            It all starts by restoring the integrity of the law at the highest levels and that would be restoring the integrity and independence of the Justice Department. Just think if the mind set of Washington were changed from “what can I do to profit from this issue” to “what can I do to follow the law and help the taxpayer”. There is a difference and requires people in key positions to act in an ethical and morally appropriate way. Not so easy these days. Force is not a solution but a failed result of weak character.

            Dec 19, 2020 19:59 PM

            By “force”, you mean like the anarchy in Seattle and Portland?

            Dec 19, 2020 19:44 PM

            Jerry, the people have long forgotten that the federal government was created by the states to SERVE the states, not rule them. What we have today is akin to a child ruling his parents despite clear and very limited chores assigned to him his parents.
            This upside-down and endless centralizing of power has been going on for 150+ years and the Republicans are just as much to blame as the Democrats. Just look at all the R fools who think Lincoln was a great president despite all the crystal clear evidence to the contrary. Tradition can be as formidable as propaganda when it comes to undermining critical thinking because so much of it is the result of propaganda.

            Dec 19, 2020 19:39 PM

            I believe that you are clearly defining “The two headed snake”

            Dec 19, 2020 19:59 PM

            David…..you make some great points…..Problem, and we have been hammering this govt. back and forth for years , here on the KER.
            Problem , there is only one party.
            Matthew , has been spot on , for years, ….
            Restoring the LAW……….when you have a wild card, called the CIA, which can not be touched……we have a problem.
            FBI, IRS, CIA, DNI, SCOTUS……Congress Lifers……We have a PROBLEM….

            Dec 19, 2020 19:38 PM

            I happen to completely agree with you Jerry.

            Dec 19, 2020 19:04 PM

            The Best sound advice , this week end…….IS FROM DOC………..
            He is 80% in GOLD….. 🙂

            Dec 19, 2020 19:06 PM

            Correction……gold and related PMs. and pm stocks……

            Dec 19, 2020 19:09 PM

            Matthew……….you are spot on again… 🙂

            Dec 19, 2020 19:35 PM

            00TB:
            We have got to ignore parties or a party and enforce the law. Applying the law equally is mandatory. It doesn’t matter who is in charge, what they believe or their personal desires, the law has to be restored and enforced. Special interests must be ignored and equitable treatment remain the rule.
            If all we do is chase smoke screens and rhetoric, nothing changes. Law is the basis for a free society and failing to enforce it or failing to enforce it equitably destroys freedom. Ignoring restoring the legal system, will continue the chaos. The government works for the people…period.

            Dec 19, 2020 19:49 PM

            You bet, the government is supposed to work for its people. Is that what our government is doing?

            Dec 19, 2020 19:13 PM

            It is a good idea to ignore parties and focus on actions but it is important to understand that collectivism is incompatible with the principles that made the U.S. the best country in the first place. Collectivism in all its forms tramples on the individual’s natural rights. It is tyranny, plain and simple and leads to a totalitarian government.

            Dec 19, 2020 19:17 PM

            David………I agree, “we have to ignore the party”…….I have mentioned a few hundred times here on the KER, …….IT IS A TWO HEADED SNAKE PARTY….
            Corruption is in the entire CONGRESS……

            Dec 19, 2020 19:21 PM

            DAVID…….Law for you and me is one thing,…..we see first hand, the law does not apply to anyone in congress, FBI, DOJ….congress is just a toy….
            THE SYSTEM IS BROKEN……and has been a long time……

            Dec 19, 2020 19:24 PM

            We have been talking about the corrupt govt….since Ron Paul was running for off,….
            The Teaparty , was crushed by the IRS….hoodlem…..

            Dec 19, 2020 19:28 PM

            Jerry: You are making my point. The law has been eroded and needs to be “restored”. The Justice Department neutralized. Those that are the beneficiaries of deregulation, erosion of law, special interest favoritism Do Not Want a Strong Legal System. They don’t want Regulators to regulate or Law Enforcement to Enforce. They are profiting from the erosion. Case on point is JP Morgan five felony cases against the fictitious “corporate person” through Citizens United and “Civil Fines” for “human criminal action.”
            That is how we gain control of chaos by the proper application and regulation of our society. We can’t afford to chase emotional issues that diverts us from protecting the Constitution.
            It’s a big scam and they are controlling law enforcement and Congress.

            Dec 20, 2020 20:57 AM

            David…….I agree the law….under the constitution , needs to be restored……

        Dec 19, 2020 19:26 PM

        I don’t believe that you can spend any time at all in DC if you are making only $135K per year. Heck, your can’t even go out for a drink on that kind on money.

          Dec 19, 2020 19:29 PM

          OWL………..thanks for letting me RANT………
          Sorry Cory , for being disrespectful to the mining blog……
          Sorry to all the sponsors …….
          Without a good govt., mining will not be safe either…..

      Dec 19, 2020 19:22 PM

      Possibly even decades!

        Dec 21, 2020 21:18 PM

        Al ? Will you comeback whit same world and live happenings ? Tank’s .

          Dec 21, 2020 21:23 PM

          Sure Franky, It is kind of interesting.

    Dec 19, 2020 19:36 AM

    Priced in GLD, SILJ just logged its highest close in 2.5 years and, more importantly, did so above its volume-weighted average price since the bear market low in 2016 as well as since the 2016 high:
    https://schrts.co/SFrtkSag

    It should be obvious that outperforming gold is far more important than outperforming the dollar, especially considering the risks we speculators take.
    True bull markets is ANY sector beat gold and our miners are about to deliver another March crash but to the UPSIDE.

      Dec 19, 2020 19:01 PM

      First sentence: highest WEEKLY close.

    Dec 19, 2020 19:53 AM

    GDX is way above its 2016 high when priced in almost meaningless dollars but still has not poked above it when priced in GLD. The anchored VWAPS it has been stuck below for the last 5 weeks originate at the first price bar and the highest price bar, both in 2006…
    https://schrts.co/eCirScmB

      Dec 19, 2020 19:59 AM

      Here’s a monthly version of the above chart. Maybe non-subscribers can see it since it is totally different than the usual charts I use.
      https://schrts.co/QTckGRTe

      Dec 19, 2020 19:12 PM

      For the first time in a decade, IPT is about to finish back-to-back quarters above (superimposed) VWAPs originating at the company’s 1993 listing and its 1997 all-time high.
      Again, this is quarterly so I don’t know if non-subs will be able to see it properly:
      https://schrts.co/nyfkHuaQ

        Dec 19, 2020 19:19 PM

        Priced in gold, IPT is at a very interesting level. It is above the VWAP since the 2011 high but below the VWAP since the 2008 low.
        Monthly
        https://schrts.co/NWWZrwqF

          Dec 19, 2020 19:11 PM

          Matthew; thanks for the charts.

          FYI, the monthly and quarterly ACP charts default to daily or weekly; max 5-years timeframe for nonsubs. And I think maximum six indicators and/or annotations. I’ve been playing around with ACP but change is hard and I still prefer the old charts.

            Dec 19, 2020 19:04 PM

            CEO, thanks for the feedback. I also prefer the old charts but must use the ACP charts for certain tools like the anchored VWAP, TTM Squeeze, BOP (Balance Of Power), etc.
            Check out SILJ:GLD versus the 233 week MA and EMA:
            https://stockcharts.com/h-sc/ui?s=SILJ%3AGLD&p=W&yr=5&mn=0&dy=0&id=p29499381154

            Dec 19, 2020 19:25 PM

            That’s interesting. I got in the habit of using EMA, not sure why – probably because that’s what Jack Chan uses.

            Just for fun, I ran about 20 weekly charts with 233 MA and EMA and noticed that the charts that resemble the blonde I’d like to marry have the EMA above the MA, and the ones that resemble the Wicked Witch from Endor are the other way around.

            Here’s one I got engaged to after she suffered that terrible fall to the 233 WEMA (WSP.TO)

            https://schrts.co/cDNrigWg

            Dec 19, 2020 19:26 PM

            Exponential MAs are more sensitive to price changes because they apply more weight to recent prices. I added double and triple EMAs to your chart (all 233 w):

            https://schrts.co/gTTpECYU

            Dec 19, 2020 19:33 PM

            On a related not, most people use the 200 MA and they could have been stopped out or even gone short in March and in November as gold had back-to-back closes below the 200 dMA in both months. However, those who used the Fibonacci-based 233 dMA never had a single close below that MA. In fact, the last close below the 233 dMA happened 2 years ago, in December 2018.
            https://stockcharts.com/h-sc/ui?s=%24GOLD&p=D&yr=1&mn=6&dy=18&id=p67062417142

        Dec 20, 2020 20:43 AM

        I got prematurely excited when it hit $1.10 on Thursday……its looking so much stronger than Kootenay and Braxton

          Dec 20, 2020 20:21 PM

          IPT has held up very well and has always been a bit of a bellwether. It topped about 3 weeks ahead of Brixton months ago and I expect it to lead the way higher this time.
          https://stockcharts.com/h-sc/ui?s=IPT.V&p=W&yr=5&mn=7&dy=0&id=p57547919332&a=601253654

          Dec 20, 2020 20:26 PM

          Brixton got cheap enough recently that I couldn’t resist adding to my position (an extra 177,000 shares so far).
          https://stockcharts.com/h-sc/ui?s=BBB.V&p=W&yr=4&mn=11&dy=0&id=p76082990974&a=635402369

          Dec 21, 2020 21:15 AM

          Brixton is definitely the one I’m adding to at these levels as I take profits out of other plays. I see Brixton and Kootenay eventually having a race to see who goes over .50 first

            Dec 21, 2020 21:24 AM

            I lightened up just a little on some of the Silver stocks that have been really running lately like Silver Tiger, Santacruz, Defiance, and Coeur, and put some of the profits back into Kootenay for the optionality factor of their ounces in the ground. I’m actually on the hunt for a few more silver explorers and have already fortified my Vizsla, Metallic Minerals, Brixton, and Orex positions, and just added Blackrock Gold lately as well.

            Wolfster, I’m considering Kuya Silver, GR Silver, or Aftermath Silver. Any thoughts or other ideas to check out?

            Dec 21, 2020 21:51 AM

            Kuya is the only one I follow…..have followed well….it’s run up every time I’ve put in bids so have never owned. ☹️…..

            Dec 21, 2020 21:51 AM

            My holdings in Golden Minerals (which has quite a bit of Silver in their asset mix), has really been on a tear as well, and I’m considering lightening up on it to rotate into other names, but not sure what is looking as cheap at this point where most companies have put in sizeable rallies the last month or two.

            Dec 21, 2020 21:53 AM

            Understood, and I’ve been in that boat many times.

            Wasn’t Kuya previously Miramont?

            Dec 21, 2020 21:18 AM

            Yes it was…..as for undervalued plays in silver unfortunately there’s not much to pick from. USA technically would qualify if they keep hitting with the drills.

    Dec 19, 2020 19:32 PM

    Priced in GLD, Hecla just logged its highest weekly close in 3 years:
    https://schrts.co/ZumBvcvU

      Dec 19, 2020 19:15 PM

      I own HL but do not like the president. But it has been around since 1890 and always does great when silver goes wild. It has some great assets.

        Dec 19, 2020 19:37 PM

        I bought based on the charts and hadn’t bothered to see who the president was until now. I bet I wouldn’t like the management of most of the senior miners.

          Dec 20, 2020 20:52 PM

          I like the management of AEM, AXU, FURY,AUIAF, AG, BYAGF, ESKYF, FNV, YGTFF, GORO, IRVRF, KL, KUYAF, LOMLF, MUX, NGD,NEM, NSRPF, NULGF, OR, PAAS, RGLD, SAND, GLDXF, SSRM, USAS, WPM, and WHGOF.

    Dec 19, 2020 19:03 PM

    An expert military analysis of war with China. The US is in deep doo-doo if they enter a War with China. They couldn’t defeat the North Koreans almost seventy years ago because they were backed by China, now The US would loose everything if they attempted such a move. DT

    https://www.unz.com/freed/an-expert-military-analysis-of-war-with-china/

      Dec 19, 2020 19:13 PM

      That is a scary thought DT. Hopefully that event doesn’t happen ever, but the change in power from the U.S. to China will be a very hard pill for the deep state to swallow in my opinion so it is a possibility. I don’t like to think about it because we are screwed if it happens and owning gold and guns won’t matter.

    Dec 19, 2020 19:53 PM

    Why? I would guess because they are more focused on paying themselves than rewarding shareholders.

      Dec 19, 2020 19:57 PM

      This was supposed to be under Matthew’s comment above. Like that SILJ:GLD ratio chart. Looks like quite the measured move from the bottom of the head.

    Dec 19, 2020 19:47 PM

    Boy’s GOLD will start eating ! Digital money Paper money And You’r self !

    cfs
    Dec 19, 2020 19:50 PM
    Dec 20, 2020 20:24 AM

    (UUUU) (EFR) Energy Fuels And The Monazite Plan

    Dec. 18, 2020 – Tim Worstall Seeking Alpha

    Rare earths

    “So, we’re all aware of the twin things all are saying about rare earths – the 15 lanthanides plus yttrium and scandium. They’re essential for all these lovely new and renewables technologies so we need to have more of them. Further, since China produces some 70% of global supply then there has to be significant production outside that country. We can’t rely upon them now, can we?”

    “Energy Fuels is the only licenced and operating uranium mill in the country. They, most importantly, have storage space and storage licences for the radioactive wastes from the processing. ”

    “If I were to try and enter the US rare earths market (recall, I did used to be in the associated scandium business) this is what I’d be trying to do. Work out a way of using the waste products from other processes. For it is indeed well known that there are rare earths in many of them. The problem to be overcome would be that radioactivity problem.”

    “This is exactly what Energy Fuels has just achieved.”

    “Energy Fuels has cracked a significant problem here. There is no logical reason why the plan won’t work. They should be a great deal cheaper than new mines trying to produce rare earth concentrates.”

    https://seekingalpha.com/article/4395433-energy-fuels-and-monazite-plan?utm_medium=email&utm_source=seeking_alpha&mail_subject=uuuu-energy-fuels-and-the-monazite-plan&utm_campaign=rta-stock-article&utm_content=link-0

      Dec 20, 2020 20:27 AM

      (UUUU) (EFR) Energy Fuels Set to Enter Commercial Rare Earth Business in Q1-2021, Producing Materials That Make Many Clean Energy and Advanced Technologies Possible

      14 Dec 2020

      https://ceo.ca/@newswire/energy-fuels-set-to-enter-commercial-rare-earth-business

        Dec 20, 2020 20:37 AM

        Personally, I’ve been positioned in (UUUU) Energy Fuels for the last few years and have followed it for over a decade, due to the Uranium story, and as prior producers of Uranium with the only operating mill in the US, then I feel that gives them a huge advantage over all other hardrock U companies. [there are a few In-situ Uranium producers in the US like Ur-Energy and Peninsula energy, and a few developers like UEC, AEC, and Azarga looking to enter ISR production when the pricing is economical to do so].

        Another arrow in the Energy Fuels quiver is that they can process and produce Vanadium, which is an important specialty resource for Vanadium redox batteries in the larger scale energy storage sector.

        Now they’ve added a 3rd value driver in the processing of other companies waste ore to extract Rare Earth Elements. They can handle the radioactivity due to their Uranium licensing and experience, and this seems far more economical and profitable that other new companies trying to learn to mine and extract them on their own.

        (UUUU) Energy Fuels has started to move nicely higher over the last quarter, and my expectations are for an orderly march higher from here over the next few years as Uranium, Vanadium, and Rare Earths continue to come more into investor focus. As a result it has moved to my largest holding in the Uranium space — with (NXE) NexGen and (URG) Ur-Energy coming in close a close 2nd & 3rd.

        Investors should do their own due diligence, of course, but after following the Uranium sector since 2010, the rare earths since 2011, and Vandium since 2017, this is the company I feel most comfortable backing for the unfolding bull market in all 3 sectors.

    Dec 20, 2020 20:58 AM

    This Week’s Events Have Had A Dramatic Impact On Equities, Gold, Silver, And the Dollar

    The Gold Forecast – Gary Wagner – Dec 18, 2020 #TechnicalAnalysis #VIDEO

    https://youtu.be/dY1Y8jMRCf0

    Dec 20, 2020 20:46 AM

    I haven’t seen this many posts for a weekend show for months. Ex. must be back!

      Dec 20, 2020 20:42 AM

      Charles, Ex needs to find a permanent home so he can put all his booty in a steel vault and bury it somewhere on the back acreage of his yet to be purchased rural property. Then he can park the RV and start posting again on KER. LOL! DT

        Dec 20, 2020 20:54 AM

        Good one DT! LOL!

        Dec 20, 2020 20:44 AM

        Moving all that silver is a pain……..If, you move alot, better own gold… 🙂

          Dec 20, 2020 20:47 AM

          I think that is why Elvis had that gold Cadillac …… movin and shaken going on…
          https://www.youtube.com/watch?v=G0pSrOICysk

            Dec 20, 2020 20:59 PM

            Haha! DT/Charles/OOTB – I have finally landed, and turned in the RV, but maybe now I need an old Cadillac to use as a mobile precious metals vault. 🙂

            Dec 20, 2020 20:49 PM

            I probably would not use an old Cadillac for that purpose Escelsior

            Dec 20, 2020 20:54 PM

            Heck…..most of the x, y and z gens…….would not look twice at an old cadillac…..
            Hiding in plain view….perfect hiding spot……lol

            Dec 20, 2020 20:52 PM

            No so sure, My youngest brother in law has a sincere fettish for old caddies!

            Dec 20, 2020 20:57 PM

            Never put you gold in your sneekers……..or paint you sneekers with gold leaf…..
            I guarantee you they will go missing…. lol

            Dec 20, 2020 20:36 PM

            Guys, I went out and got this today, and filled up the trunk with bars and bullion.

            Like OOTB said…. all that metal is hiding in plain sight. Who would suspect, eh? 🙂

          b
          Dec 20, 2020 20:42 PM

          Too much silver is a hassle, at least thats what I have found.
          I still have some but I switched to gold long ago.
          Even when it was more profitable to purchase silver.

          One fellow I know cut a hole in his garage floor, and buryed his silver under concrete where a car parked.
          Issue resolved.
          He figures if it ever gets to be worth anything substantial he can dig it up.

            Dec 20, 2020 20:44 PM

            Burying it in a concrete encased hole in a garage is certainly something done by a serious conspiracy theorist. I personally don’t and haven’t gone to that extreme.

            Dec 20, 2020 20:46 PM

            As I said over and over in the past, I always liked silver because of the mathematics of comparing it to gold.

            Dec 20, 2020 20:49 PM

            Only problem,…….do not forget to pay the real estate taxes….or die and forget to tell the heirs…..lol

    cfs
    Dec 20, 2020 20:17 AM
    BDC
    Dec 20, 2020 20:30 AM

    Significant resistance at $2160 ?
    Note Short and Long Term confluence.
    Daily: https://postimg.cc/JG8CBzCf

    cfs
    Dec 20, 2020 20:42 AM

    Could Chris Temple comment on the Hsck of Fire-eye and its potential effect on the NYSE.
    TDAmeritrade, etc.
    Or even the Pentagon and food supply chains, etc.

    Is not the U.S. now more vulnerable than ever Iran’s nuclear program was to Israeli attacks ?

    https://www.youtube.com/watch?v=oe3y-OdNSsw

    Dec 20, 2020 20:44 PM

    Another solid week gentlemen……again my time is tight so I will do a quick ramble…
    Great to see Ex posting again…..Sprott lovers he’s put some money into Goldon last week…Glenfidish sorry I haven’t mentioned any pots. They’ve had nice runs so none are looking undervalued right now…..still think everyone is missing the EV opportunities especially on the battery side. Nano one had a nice release this week with many speculationing its Tesla they are working with…..copper may have reached a resistance but some exploration plays kodiak gsp resources and heatherdale look interesting….keep up the good work all. I’ve had a nice year but 2021 looks really strong

      Dec 20, 2020 20:11 PM

      Hey there Wolfster – Nice to see you posting as well sir.

      I built a Goldon position earlier in the year and wondered if it was ever going to get noticed, and have been pleasantly surprised with it has started getting traction the last few months. I trimmed a little earlier this month when it had more than doubled, but have the rest of the position riding the exploration wave higher.

      I agree with you on the battery stocks, and I’ve mentioned on here about a half dozen times over the last few months that Lithium stocks have been perking up, as have Copper. However so have most commodities, like the PGM stocks have been on fire, and even the Zinc/Lead stocks have been on the move again. Fun times!

        Dec 20, 2020 20:44 PM

        It is also interesting to note that many PGM companies are well endowed with Nickel or Copper, and vice versa…. many base metals deposits have a nice PGM kicker.

        It gives those stocks a play on traditional auto sales, paired with the battery metals and electrification of the developing world trends. Cheers!

        Dec 20, 2020 20:18 PM

        Yes goldon is getting noticed…pure gold drilling in their direction certainly helps

          Dec 20, 2020 20:21 PM

          Regarding batteries….technology is always changing….nano one’s cathode requires no cobalt

            Dec 20, 2020 20:43 PM

            Agreed. The only constant is change…

            Most of the batteries on the market and being developed still utilize Nickel, Copper, Lithium, and Graphite to varying degrees. Then there are the Vanadium redox batteries for energy storage. Cobalt is a conflict mineral as most comes from the Congo, so people are working to limit it or phase it out in many of the new battery designs.

    Dec 20, 2020 20:08 PM

    Gold should be up tonight. Agreement reached in Senate for stimulus. Should be through Congress by ….sometime.

      Dec 20, 2020 20:48 PM

      I noticed earlier that it definately was up!

        cfs
        Dec 20, 2020 20:10 PM

        Hong Kong is reporting heavy public buying.

    Dec 20, 2020 20:13 PM

    Been away….Like I said 1.5 months ago the PMs would finally move. Awesome breakout! SCZ just exploded…. .15c looks pretty good now…
    EDR major breakout of its bull flag.
    Hope you got back on it Doc..?

    Dec 20, 2020 20:47 PM

    On December 20, 2020 at 7:04 pm,
    OOTB Jerry says:
    Here is your info on BARR
    https://www.youtube.com/watch?v=sQOzDuD15WY

    Dec 20, 2020 20:58 PM

    A lovely pop in gold and silver prices seen at the moment. Now that the stimulus news has been digested look for PMs to retrace somewhat if the US $ relief rally keeps up. What we dont want to see is gold to give back all the gains seen from Fridays close. Ideally we would like to see a move towards golds former all-time high around $1920 being challenged in the next 24-48 hours.

    BDC
    Dec 21, 2020 21:29 AM

    Dollar Index: https://postimg.cc/G8hD7nyq
    Stimulus related bounce(?). More to come.

    Dec 21, 2020 21:57 AM

    And I spoke too soon. Thats disappointing! Another Monday “fakeout”. Specs and traders looking to trap other players in the short term. In the short term, this retracement is a little concerning as it indicates little strength around $1900. Need gold to bounce back soon.

    BDC
    Dec 21, 2020 21:09 AM

    Gold: https://postimg.cc/YGpBVMMG
    Thanksgiving Rally Retracement
    27.2% A-B expansion – $1905.46
    Lower levels to watch:
    Current candle low – $1855.28 (Matthew?)
    Dec 16th expansion – $1828.02 (Glenfidish?)
    Dec 14th expansion – $1795.20 (Doc?)

      Dec 21, 2020 21:26 AM

      Looks good to me. The plunge looks like nothing more than a smack down/shake out in the hours with thin volume.

        BDC
        Dec 21, 2020 21:58 AM

        $1866 would be a good retest hold.

    BDC
    Dec 21, 2020 21:44 AM

    The “Age of Aquarious” begins today. Literally.

    Dec 21, 2020 21:36 AM

    Apparently someone lied when they said stimulus mattered to the PMs. Well they rode that one for 5 months.

      BDC
      Dec 21, 2020 21:56 AM

      It apparently did, but the package was obviously too little to matter enough, at least for now.

      Dec 21, 2020 21:57 AM

      Ahh…must be the virus. They just found out.

    Dec 21, 2020 21:31 AM

    Yes, another fake virus on the way……funny how they just came up with the idea, that the the vaccine, will take care of both viruses ……All planned.
    People should watch the video , I posted concerning Barr., Microsoft/fake gates who did not invent anything……..it, is WAR FOR YOUR MIND…

      Dec 21, 2020 21:37 AM

      Fitts, covered some, but, still has missing pieces…..
      She figured out the govt is corrupt…..and has taken over , …and that should not be a surprise to anyone that has been following the bread crumbs left here on the KER.
      and the JER…..lol…..have a great day.

      Dec 21, 2020 21:40 AM

      It has always been a war for your mind but most people can’t grasp that fact regardless of their political party. The masses know only a false history and believe in a system that doesn’t exist.
      https://swprs.org/joe-biden-return-of-the-cfr/

        Dec 21, 2020 21:02 AM

        Matthew…..you are spot on again…..thanks for commenting…

        Dec 21, 2020 21:03 AM

        Matthew………you are spot on again…..appreciate the comment….

      Dec 22, 2020 22:02 AM

      Wrong Jerry. It is a WAR FOR YOUR SOUL

        Dec 22, 2020 22:05 AM

        No, Jerry is right. Your mind must be captured before your soul is at risk. That’s what government schooling is all about and it works extraordinarily well, obviously.

    Dec 21, 2020 21:47 AM

    The CFR…where did I hear of them before…

      Dec 21, 2020 21:07 AM

      I believe Sting sings about them in this song as “something crawls from the slime at the bottom of a dark Scottish lake.”

      https://www.youtube.com/watch?v=M5TQhV9NYYk

      Look up ‘Pilgrim Society’ and you wont be able to sleep for a week!

    Dec 21, 2020 21:54 AM

    Speaking of silver:
    My top 6 dollar performers are silver: Discovery, Summa, Blackrock, Silvercrest, Santacruz and Vizsla.
    There was a bunch of postings this weekend about the silver move..

      Dec 21, 2020 21:01 AM

      Worst dollarwise: Great Bear, Pure Gold, Lion One, Ely
      That tells me we are still doing the alternating days plan.