Craig Hemke – A Risk On Environment Is Helping Commodities But Why Are Gold And Silver Lagging?

August 11, 2022

Craig Hemke, Editor of TF Metals Report joins us to discuss the general market environment where a more risk on attitude has driven markets higher over the past 2 months. We focus on the precious metals and ask Craig what it’s going to take to have the gold and silver stocks start to outperform the broad averages.




Click here to visit Craig’s site – TF Metals Report.

    Aug 11, 2022 11:20 PM

    PMs are lagging because it is time to SELL, SELL, SELL!!!!
    Things are starting to unravel, this recent rally in markets is nothing more than shorts covering and repositioning for the next decline.
    It’s nothing more than a eye of the storm, the next wave of selling will wash across the markets and take everything down. PMs will sell off again, and anyone who bought into this recent dead cat bounce will be swept out to sea in riptide of selling.
    This will probably be your last chance to get into the safety of cash.
    SELL NOW!!!!

    Aug 11, 2022 11:20 PM

    PGE, Stillwater, weekly. IMHO it could go higher…

      Aug 11, 2022 11:23 PM
      Aug 11, 2022 11:53 PM

      I like your attitude about the direction. Do you own a pitchfork to get this moving?

        Aug 11, 2022 11:34 PM

        It has most of the metals the modern world needs. Eye candy fir when the industries it encompasses become the “it” thing again, maybe by an infrastructure bill being voted in.

          Aug 12, 2022 12:29 AM

          +1 Dan. Stillwater Critical Minerals has the battery metals like Nickel, Copper, and Cobalt and the PGEs like Palladium, Platinum, and Rhodium. Their deposit is district scale and when they update their resource estimate later this year with the 14 holes drilled in 2021, then it should raise a few eyebrows.

    Aug 11, 2022 11:51 PM

    No trades for me today because of predestination and fatalism. Maybe tomorrow.

    Aug 11, 2022 11:53 PM

    Craig mentioned the trial in Chicago of the JP Morgan metals market manipulators. They got convicted on the basics of spoofing, manipulation, etc for years (which hasn’t stopped) but couldn’t quite do the “racketeering” conviction. That probably means there were some jurors that didn’t quite understand what racketeering was or couldn’t quite believe that a Wall Street bank would do such a thing. We will have to ask them if they are willing to share their thinking.
    Never-the-less, the convictions establish the point that people can be convicted of crimes “despite” the fact that the Corporations they work for are “too big to fail”.
    The point being that Corporations don’t fail if criminals are prosecuted. It’s a no brainer that has seen it’s time as has Citizen’s United.

      Aug 11, 2022 11:02 PM

      The JP Morgan traders won’t be sentenced till next year, that means they will get a fine and a slap on the wrist, business as usual. DT

        Aug 11, 2022 11:42 PM

        I don’t know what it means. A lot of possibilities.
        Chicago Court backup and probation officers backed-up in preparing presentence reports.
        They are going to jail and have to sell their houses in the Hamptons and relocate their families to North Dakota, but sell their Ferrari’s first.
        They are going to be given a chance to turn on JP Morgan and have to call a new Grand Jury.
        They have to file their appeals and the Appeals Courts are tied up.
        They are going to put them out on an appeal bond and they are going to offshore their families to an Island that doesn’t have an extradition treaty with the US.
        It was all fake news and never happened.
        There are a lot of other options.
        I am going to wait and see.