Marc Chandler – Inflation vs Recession and How The Fed Will Fight Both

May 13, 2022

Marc Chandler, Managing Partner at Bannockburn Global Forex joins us to discuss the two main themes commentators are discussing, inflation and recession. With the Fed tightening this is being felt throughout the markets and economy. We look at currency market moves, interest rates and a couple other factors that are showing just how different of a year it is.




Click here to visit Marc’s website – Marc to Market.

    May 13, 2022 13:34 PM

    5 Reasons Why Food Will Get More Expensive

    Ahead of the Herd – May 12, 2022

    “Indeed, grocery costs are rising at the fastest rate in 13 years, driven by major swings in the price of dairy, meat and pasta, according to Statistics Canada’s latest consumer price index.”

    “Food prices in Canada rose by 8.7% in March compared with the previous year, the biggest year-over-year increase since 2009,” StatCan data shows.

    “Globally, food prices have been soaring since the turn of the year, with the FAO Food Price Index reaching a record high during the month of March. This is after coming off a year in which prices have already jumped 28%, the highest in a decade.”

      May 13, 2022 13:22 PM

      Hi Ex, CRYPTO LOSSES NOW EQUAL 1.7 Trillion, today’s pressure relief rally is nothing compared to what’s coming. Poisons are sweeping through the financial system. DT

        May 14, 2022 14:03 AM

        Hi DT. Yeah, the cryptos have been absolutely smashed by more than half (Bitcoin was down around 58% at one point from it’s all time high of $69,000 on November 9th, 2021), and many of the altcoins are down even more 60%-80%. Some of the crypto miners like Hut 8 or Riot are down like 70%-80% off their highs the end of last year. Epic corrective moves in Cryptos seem to mirror the corrective moves in the growth tech stocks that were held by Cathy Woods Ark Innovations Fund and their ilk, also down about 40%-70% in many names off their all time highs. Yes, there is currently a poisoning of the well in the financial markets in many sectors at present. Time to batten down the hatches as they say…

    May 13, 2022 13:10 PM

    Significant day for only one reason other than a green finish. I had 5 stocks negative…but, they only totalled -$46. Very unusual. But, I still fear another Monday. Have a good weekend.

    May 13, 2022 13:56 PM

    It’s been a brutal week in most sectors including the PM stocks, but nice to see at least some green on the screen on Friday to end the week.

    Ticker – Silver Producers – Daily Change %

    SCZ.V Santacruz Silver Mining Ltd. +17.74%
    APM.V Andean Precious Metals Corp. +14.71%
    AGX.V Silver X Mining Corp. +14.29%
    AYA.TO Aya Gold & Silver Inc. +13.05%
    EXK Endeavour Silver Corp. +11.78%
    GSVR.V Guanajuato Silver Company Ltd. +11.76%
    FSM Fortuna Silver Mines Inc. +11.36%
    CDE Coeur Mining, Inc. +10.32%
    AG First Majestic Silver Corp. +9.96%
    HL Hecla Mining Company +8.33%
    GATO Gatos Silver, Inc. +7.93%
    GPL Great Panther Mining Limited +7.22%
    SMTS Sierra Metals Inc. +7.14%
    USAS Americas Gold and Silver Corporation +6.85%
    SVM Silvercorp Metals Inc. +6.72%
    ASM Avino Silver & Gold Mines Ltd. +6.67%
    EXN Excellon Resources Inc. +5.81%
    AXU Alexco Resource Corp. +5.50%
    PAAS Pan American Silver Corp. +3.05%
    GGD.TO GoGold Resources Inc. +2.83%
    FRES.L Fresnillo plc +2.70%
    SSRM SSR Mining Inc. +2.46%
    HOC.L Hochschild Mining plc +0.15%

      May 13, 2022 13:04 PM

      Ticker – Silver Explorers and Developers – Daily Change %

      AZS.V Arizona Silver Exploration Inc. +30.00%
      VRR.V VR Resources Ltd. +22.92%
      RSLV.V Reyna Silver Corp. +19.70%
      VIPR.V Silver Viper Minerals Corp. +18.00%
      KUYA.CN Kuya Silver Corporation +16.13%
      HAMR.CN Silver Hammer Mining Corp. +16.05%
      SVE.V Silver One Resources Inc. +15.38%
      BRC.V Blackrock Silver Corp. +14.29%
      RYO.V Rio Silver Inc. +14.29%
      ABRA.V AbraSilver Resource Corp. +13.79%
      MNTR.V Mantaro Precious Metals Corp. +13.04%
      VZLA.V Vizsla Silver Corp. +12.34%
      SSVR.V Summa Silver Corp. +11.90%
      SSV.V Southern Silver Exploration Corp. +11.11%
      SWLF.V Silver Wolf Exploration Ltd. +11.11%
      AUU.V Gold79 Mines Ltd. +11.11%
      EQTY.V Equity Metals Corporation +11.11%
      TM.V Trigon Metals Inc. +10.81%
      BNCH.V Benchmark Metals Inc. +10.67%
      SLVR.V Silver Tiger Metals Inc. +10.00%
      SAE.V Sable Resources Ltd. +9.52%
      SLV.CN Silver Dollar Resources Inc. +9.09%
      KS.V Klondike Silver Corp. +9.09%
      GOG.V Golden Tag Resources Ltd. +9.09%
      BHS.V Bayhorse Silver Inc. +9.09%
      SVB.TO Silver Bull Resources, Inc. +8.51%
      SIL.TO SilverCrest Metals Inc. +8.43%
      OCG.V Outcrop Silver & Gold Corporation +7.69%
      SILV.V Silver Valley Metals Corp. +7.69%
      MMG.V Metallic Minerals Corp. +7.69%
      KTN.V Kootenay Silver Inc. +7.41%
      CLZ.V Canasil Resources Inc. +7.14%
      SAND.CN Silver Sands Resources Corp. +7.14%
      ELEF.TO Silver Elephant Mining Corp. +7.02%
      MKR.AX Manuka Resources Limited +6.67%
      FCO.V Fabled Silver Gold Corp. +6.67%
      AAG.V Aftermath Silver Ltd. +6.38%
      MAG.TO MAG Silver Corp. +6.33%
      AZT.V Aztec Minerals Corp. +6.12%
      GRSL.V GR Silver Mining Ltd. +5.88%
      AUMN Golden Minerals Company +5.64%
      DEF.V Defiance Silver Corp. +5.63%
      EMO.V Emerita Resources Corp. +5.26%
      SAG.V Sterling Metals Corp. +4.55%
      ZAC.V Zacatecas Silver Corp. +4.29%
      DSV.V Discovery Silver Corp. +4.20%
      WRM.AX White Rock Minerals Ltd +4.17%
      BBB.V Brixton Metals Corporation +3.85%
      RRI.V Riverside Resources Inc. +3.70%
      SBMI.V Silver Bullet Mines Corp. +3.17%
      CCW.V Canada Silver Cobalt Works Inc. +3.13%
      DV.V Dolly Varden Silver Corporation +3.09%
      G1A.AX Galena Mining Limited +2.56%
      SM.V Sierra Madre Gold and Silver Ltd. +1.79%
      BML.AX Boab Metals Limited +1.64%

        May 13, 2022 13:11 PM

        From Silvercorp to Santacruz they’re up 6-16%, with one glaring exception being Impact on 0% and low volume. Something is wrong with this company and I don’t know what it is. Maybe somebody can explain it.

          May 14, 2022 14:06 AM

          Yeah, Impact was a bit off today with a 0% move. Very odd as I’d have expected it to react more like a Santacruz. One day doesn’t make a market though, but still strange that it didn’t move higher with the rest of the pack. It’s one of my top weighted positions so a bummer to me personally, but still my overall portfolio closed up over 9% on the day on Friday, so I’m happy with that after this crazy week of carnage.

    May 13, 2022 13:10 PM

    Even the Uranium stocks got the memo for Feelgood Friday with some nice green on the screen.

    Ticker – Uranium Stocks – Daily Change %

    UNO-H.V Northern Uranium Corp. +25.00%
    FMC.V Forum Energy Metals Corp. +16.67%
    LTBR Lightbridge Corporation +16.19%
    CUR.V Consolidated Uranium Inc. +15.69%
    BSK.V Blue Sky Uranium Corp. +15.15%
    PTU.V Purepoint Uranium Group Inc. +14.29%
    LEU Centrus Energy Corp. +14.28%
    AEE.AX Aura Energy Limited +13.51%
    FIND.V Baselode Energy Corp. +12.99%
    AL.V ALX Resources Corp. +12.50%
    TOE.AX Toro Energy Limited +12.50%
    FCU.TO Fission Uranium Corp. +11.94%
    VO.V ValOre Metals Corp. +11.94%
    AAZ.V Azincourt Energy Corp. +11.76%
    AEC.V Anfield Energy Inc. +11.76%
    UEC Uranium Energy Corp. +11.69%
    ISO.V IsoEnergy Ltd. +11.46%
    UUUU Energy Fuels Inc. +11.45%
    CVV.V CanAlaska Uranium Ltd. +10.94%
    UROY Uranium Royalty Corp. +10.67%
    UEX.TO UEX Corporation +9.62%
    API.CN Appia Rare Earths & Uranium Corp. +9.21%
    GXU.V GoviEx Uranium Inc. +9.09%
    BEA.V Belmont Resources Inc. +9.09%
    STND.V Standard Uranium Ltd. +9.09%
    URNM Sprott Uranium Miners ETF +8.75%
    URG Ur-Energy Inc. +8.65%
    SYH.V Skyharbour Resources Ltd. +8.33%
    92E.AX 92 Energy Limited +7.27%
    CCJ Cameco Corporation +6.90%
    DNN Denison Mines Corp. +6.86%
    URA Global X Uranium ETF +6.85%
    GGG.AX Greenland Minerals Limited +6.35%
    FSY.TO Forsys Metals Corp. +6.25%
    U-UN.TO Sprott Physical Uranium Trust Fund +5.99%
    WUC.CN Western Uranium & Vanadium Corp. +5.93%
    LAM.TO Laramide Resources Ltd. +5.75%
    NXE.TO NexGen Energy Ltd. +5.73%
    RDM.AX Red Metal Limited +5.38%
    FUU.V Fission 3.0 Corp. +5.26%
    GCL.L Geiger Counter Limited +4.88%
    MGA.TO Mega Uranium Ltd. +4.76%
    GLO.TO Global Atomic Corporation +3.86%
    BOE.AX Boss Energy Limited +2.99%
    VMY.AX Vimy Resources Limited +2.86%
    NLR VanEck Uranium+Nuclear Energy ETF +2.80%
    BMN.AX Bannerman Energy Ltd +2.78%
    EU.V enCore Energy Corp. +2.75%
    PWM.V Power Metals Corp. +2.56%
    ERA.AX Energy Resources of Australia Ltd +1.69%
    AGE.AX Alligator Energy Limited +1.61%

    May 13, 2022 13:52 PM

    This was timely:
    May 12, 2022
    HL looks like it’s bottoming perfectly at fork support. Note the bullish long-legged doji…

    May 13, 2022 13:00 PM

    Big weekly bull hammer for the loonie as it finished way off of its low…

    May 13, 2022 13:11 PM

    This one also worked out as gold fell as much as 5% vs HUI today:
    May 12, 2022
    Gold jumped 30% vs HUI in one month but now looks like it’s about done.

    May 13, 2022 13:52 PM

    Kitco has a selection of guests today, all bullish on resource stocks.