Weekend Show – Is This Month’s Rally For Real? A Big Picture View Of The US Dollar, US Markets, Gold and Gold Stocks, Bonds and Energy Stocks
The market rally continued this week helped by US Dollar weakness. While most investors are still believe this to be nothing more than another bear market rally, there is hope we are at the peak of central bank rate hikes. This could huge for all investors long anything outside the Dollar.
On this Weekend’s Show we discuss the topics above while looking at a wide range of markets. We focus on the US Dollar pullback, the strong month for US markets and energy stocks, and a better looking chart for gold stocks.
We hope you all enjoy this Weekend’s Show. Please keep in touch with Shad and I to let us know what you like about the show, any suggestions for guest or companies, or just to chat. Our email addresses are Fleck@kereport.com and Shad@kereport.com.
- Segment 1 and 2 – Rick Bensignor, President of Bensingor Investment Strategies kicks off the show by sharing his current trading strategies for US markets, gold and gold stocks, oil, and bonds. A big focus is on levels where these sectors could top and timing of upcoming catalysts.
- Segment 3 – Josef Schachter, Founder of The Schachter Energy Report is up next to recap the his recent Energy Conference in Calgary with a focus on analyzing energy companies. These stocks are doing very well so we are going to be featuring more energy companies over the coming weeks. Please let us know which stocks you like and which you think are overvalued.
- Segment 4 – Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc To Market website wraps up the show discussing what parts of the market or economy could break first. We recap the Q3 inflation data released this week and look ahead to possible market impacts from the upcoming election and Fed meeting.
Exclusive Company Updates This Week
- Regency Silver – Introducing This New Exploration Company That Intersected 35.8 Meters Of 6.84 g/t Gold, 0.88% Copper and 21.82 g/t Silver At Dios Padre Project
- Troilus Gold – Discovers New At-Surface Gold Zone Near Z87 Open Pit With Single Best Interval in Project’s History
- Fury Gold Mines – Drill Results Extending Gold Mineralization 25% To The West at Eau Claire
- Cassiar Gold – Exploration Update From Cassiar North, Cassiar South, And Regional Targets
- Avino Silver And Gold Mines – Comprehensive Operations And Development Update At All Projects
- Mako Mining – Q3 Production Update From San Albino Mine And Exploration Update From Las Conchitas
- Rugby Resources – A Background On The Cabrasco Property In Colombia With Initial Copper Results In The Near Term
- EMX Royalty – Company Introduction To 40 Cashflowing Royalties And Continued Revenue Growth
I would like to see an Audit of The Fed to determine if they ever stopped bailing out banks and corporations. Credit Suisse would be a good place to start and Deutchebank. It’s amazing how they spend tax payer funds and we can’t audit.
I would think if they are free to print funds for the Western World without limitation or audit, they can keep raising interest rates longer than expected as Truth is a different matter from managing from a series of falsehoods.
The money The Fed has been sending Credit Suisse should be very alarming and disturbing to everyone. It shows you how interconnected and honeycombed The Western World’s financial system has become. You get a crash in any of the European banks and the failure can quickly come back to haunt North American banks and vice a versa, in the form of a worldwide depression.
Not only does The Federal Reserve control The European Banks but the US now controls their energy requirements. Soon there will be one fearful day when this system will be tested, and we will see how vulnerable a house of cards can become. DT
Rick is correct about the Fed not easing anytime soon—the inflation numbers weren’t helpful again and they’re given more cover to raise rates the next 2 months since gdp is up the last quarter along with a stock market having a nice run—also the unemployment rate continues to hold. Expect the Fed to raise rates both in November and december unless there is a significant liquidity event.
Yep Doc, the consensus on the street is the Fed hiking 75 basis points in November, then 50 basis points in December.
Speaking of inflation staying more elevated… here is an interesting recent tweet about the probability that the Fed will need to concede this new reality, as inflation expectations have risen, and they’ll change their messaging on what normal inflation is…
Harald Malmgren @Halsrethink 6:57 AM · Oct 25, 2022 – Twitter
“Look for Fed in coming months to suggest that the long standing 2% ‘normal’ inflation target should be realisticaly set in the 3% to 4% range”
‘The Opposite Of Transitory Is Structural’
Jesse Felder – The Felder Report – 10/30/2022
‘The Fed’s Controlled Burn Can Easily Get Out Of Hand’
Jesse Felder – The Felder Report (10/23/2022)
Peter Boockvar – Fed Shock Therapy: We Are Only in Phase 2
Soar Financial – Oct 26, 2022
The Bank of Canada just raised interest rates 50 basis points two days ago. The market was expecting 75 basis points. The media here jumped on the bandwagon and applauded this lower move. We haven’t seen mortgage rates this high since 2005, that is the year real estate really started to escalate. DT
Yeah, real estate prices are already rolling over hard with rates where they are, and likely there is much more hot air to come out of the housing sector as rates stay elevated.
Home prices were caught up in the everything bubble like other asset classes were, and time for them to find some gravity and return to Earth.
Central Banks are working to diminish the wealth effect, to further bring down demand and that side of the equation, so home prices are part of that. When people that overpaid for their homes over the last few years see the prices keep dropping, and some go upside down on them, that will cool things off.
This will ripple through the industries that supply the new home builds and rehabs like (framing, roofing, flooring, painting, electrical, appliances, etc..). This will put more people out of work in those sectors and then further reduce consumer demand of other areas of consumption and travel.
In a way, it’s all part of the WEF larger plan to keep newer generations out of home ownership and instead perpetually renting from Blackrock, as it continually buys up distressed real estate to turn them into rentals. “You will own nothing, and be happy.”
Actually DT ,the uptrend was a steady one starting around 1997 and the huge moves started after the 2008 debt crisis……
Hi Wolfster, I started looking at real estate in mid 1998, nobody was buying. I went out for about 6 months off and on with an agent and there were no takers. I put a lowball offer in mid-March of 1999 and it was accepted. Real estate here was in the dumps and I have never seen anything like it. I think you are wrong the bottom hit around the end of 1998 and the beginning of 1999, and the uptick started with the lowering of interest rates in 2005. CHEERS! DT
genius speaks…you best listen, ya’all
ing looks to be having challenges.
Bob is convinced banks will have serious issues soon.
Which is why next year central banks will go back to damage control mode to bail out their banking cronies and the financial recession they are still bringing on in the broader economy. Tightening followed by easing. Rinse and repeat.
It will be interesting to see how Elon Musk governs twitter. He is now in a position to make or break political careers. That is a lot of power. Donald Trump has once again been allowed to use twitter for a political platform. Musk may decide to run for the highest office, his influence and fingerprints are everywhere these days. DT
Biggest politely platform abuse is the way DNC controll major news outlets, I grew up watching CNN the most trusted name in news, now they have no credibility just as bad as CNBC and those nuckleheads.
Media should be reporting facts and be neutral and let people make their own decisions.
Never seen this country this screwed up and blame the corrupt Hillary Clinton, since she lost to Obama she been undermining the country and with loss to trump she has been promoting the destruction of freedom.
/NG news..The fundamentals appear to be lining up w what the charts are saying…..Very near to a meaningful tradable nat gas low…If this article is accurate…We have a monthly Gartley Buy pattern forming with in a bull market……And so, the previous high should be exceeded w volume…demand drive plus supply shortages….This is serious opportunity, if fundamentals are so…glta
If you remove statues from The American confederacy, it won’t change history. The only thing that can change history is for people to get on with their lives and try to learn from the past. What is done is done, no matter what side of the fence you are on. DT
I agree with you Mr. Tracy
Thanks, Big Al, that thought has been rattling along in my brain for a long time. I now feel a sense of relief. Cheers! DT
Without Statutes and a Constitution you have an autocracy. The solution has not been the undermining of Law and Regulation, but the enforcement. Weakening of the Justice System and Institutions has been the agenda and remains the agenda.
Central Banking has achieved everything because of the undermining of Law. Don’t fall for it. The reason the Transfer of Wealth has continued and the attacks by autocratic interests continue is because of the orchestrated undermining of the Law Elite Money Interests for over 50 years and the control of Media and the distribution of lies. Destroy the Law and you destroy your freedom.
Do you think this is an accident that Central Banking controls.
Goldman just became the PM of England. Does that compute?
Silver Rocket Fuel
Guest: Lawrence W. Lepard, Managing General Partner of Equity Management Associates LLC
Soar Financial – Oct 27, 2022
I agreed with much of what Lawrence Lepard had to say about his portfolio except for the last part where he mentions his investments in Bitcoin. He sees Bitcoin going from $20,000 to 100,000 to 150,000 easily in a few years, I see Bitcoin going to zero. The government is not going to allow bitcoin to compete with their digital currency, PERIOD………. end of story!
I have a smattering of different plays, about 40% of my portfolio is in producers, 20% in developers, 40% in gold and silver junior exploration plays comprising some really risky micro-cap gold and silver stocks selling for less than ten cents. DT
Rick Rule Is Buying These Silver Stocks + Uranium Hot Take
Soar Financial – Oct 17, 2022
Uranium Market Minute – Episode 197: IEA Proposes a Doubling of Nuclear
Uranium Insider w/ Justin Huhn – Oct 29, 2022
That Doc Jones Nat Gas play GASX is definitely looking good……and his lithium picks too…..
Indeed. GASX holds a lot of promise to be rerated higher.
As for Li… I sold out of all my Lithium stocks the middle to end of last year. Granted a few of these new stories, like the ones Doc Jones covers (which were not the ones I was in previously), did run hard in 2022. In general, at this point most of the Lithium stocks look really frothy to me and the times to have been positioned in them were several years back to present.
Silver Unpredictable, Lithium In A Bubble – Adrián Godás
Soar Financial – Oct 28, 2022
Silver: The Worst Investment You Have To Own – Steven Hochberg
Soar Financial – Oct 24, 2022
“Steven Hochberg discusses the worst investment in the entire universe, and why you still need to own it.”
Silver: Analyst Expects 10x Return for this Silver Miner – Doug Cavey
Soar Financial – Oct 27, 2022
“Defiance Silver (DEF) published a number of press releases this week. We caught up with VP Corp Development Doug Cavey to discuss the impact of the drill results and also the court proceedings in case of their Tepal project.”
Defiance DEF, hopefully the start of a rebound after a lot of selling pressure.
Yes Ex ….lithium was a buy and had its big run…..more of a stock pickers sector now and Doc Jones has picked well coming to the sector late was more my point. I should have been more clear about it
That’s a good point Wolfster. Overall the Lithium sector is a crowded trade and pretty frothy at this point, but yeah, Doc Jones did a great job finding some new opportunities when he got interested in the sector about a year back that outperformed during that period of time.
Some will disagree but I’ll szy it anyway.
Colombia?? Forget about it.
Colombia has it’s own nat gas pricing, and one of the behemoths of nat gas, Canacol, is located right next to NG Energy’s Sinu 9 project. As a country Colombia is growing in a better direction than most South American countries lately, and they are focused on growing nat gas generated power, so NG Energy could stand to benefit from that. Not without some jurisdiction risk, but when looking for fossil fuels, everywhere is a bit risky these days (even previously established jurisdictions in North America).
Ira Epstein’s Metals Video (10/29/2022)
#TechnicalAnalysis, Gold, Silver, Copper, Platinum
Dollar Index : Fall 2022 : Breaking Bad : To The Exhibition
Fed week. Who cares about anything meaningful.
Added to BKRRF ( Blackrock) on the open @ $.3109
I thought this SECTION WAS FOR MINING…………… NOT POLITICAL………… like duh…….
Politicians at all-time bottom….Buy
lol……. lake…….. good one…… 🙂
No, it is not just for mining……like DUH!
Good one Glenn. That Jerry is such a schmuck.
All kinds of good performance today …. except for the take downs. -$16 for the day
I took a bit of profit on DEF and got lucky buying SCZ near it’s low, big volume came in at the end of the day and took it well above open price. The chart hasn’t updated yet but may update shortly after this post.
Yuppers, what happened to SCZ today volume was way up, I think this stock is undervalued considering what they have, Bolivia has a lot of silver and it is a great mining jurisdiction. Santacruz looks good for a Santa Clause rally! DT
Aren’t all miners undervalued intentionally?
Thanks for the great show.
So Rick doesn’t think that the Fed is going to ease anytime soon. In fact he seemed very confident in his opinion. I’d be curious to know if others felt as strongly.