Weekend Show – BRICS, Fed Policy and A Commodities Super Cycle; What It Means For Markets and Metals

August 26, 2023

Welcome to the KE Report Weekend Show. It was a busy week with the BRICS summit, Jackson Hole speeches and weaker than expected US data, all causing a lot of market volatility. On this Weekend’s Show we summarize the major events of the week and filter this information into market outlooks.


We hope you all enjoy this Weekend’s Show! Please keep in touch with us through email. We love hearing your thoughts on guests you would like to see on the show and the companies we featured throughout the week. Our email addresses are and


Upcoming Webinar – Tuesday August 29th at 11am PT (2pm ET) I am hosting a webinar featuring Exploits Discovery  (CSE:NFLD – OTCQX: NFLDF). The Company just wrapped up an 11,000 meter drill program at the Bullseye Project in Newfoundland, between New Found Gold and Labrador Gold. Click here to sign up for free and have first access to the webinar recording. Please also send me your questions for the team at Exploits prior to the webinar –



  • Segment 1 and 2 – Marc Chandler, Managing Partner at Bannockburn Global Forex and Editor of the Marc to Market website kicks off the show with a recap of the BRICS summit and Jerome Powell’s speech at Jackson Hole. He also looks ahead to some key economic data and a couple key moves in currencies this week.
  • Segment 3 and 4 – Jeff Christian, Managing Partner at the CPM Group shifts our focus to the resource sector and comments on the interest of large investors in the critical minerals. We also discuss the possibility of a commodities super cycle; what it looks like and what could be the biggest gainers.

Marc Chandler
Jeff Christian
    Aug 26, 2023 26:15 PM

    basic argument for precious…

    Aug 26, 2023 26:10 PM
    NatGas Week: Bad News
    Into Power!

    Aug 27, 2023 27:58 AM

    BRICS Summit Ends With a Bang — And a Tease
    Saudi Arabia, UAE, and Iran join the bloc. So much for the Petrodollar

    John Rubino – August 24, 2023

    “In a nice bit of misdirection, the BRICS countries distracted the West with hints of a ‘gold-backed currency’ at their August 22 – 24 meeting. Then, while everyone was looking over there, they did something potentially even bigger by admitting Saudi Arabia and the United Arab Emirates as members, with Iran, Argentina, Egypt, and Ethiopia scheduled for the following year.”

    > Along the way, they of course threatened to bypass the dollar by cutting more bi-lateral trade deals:

    “The objective, irreversible process of de-dollarization of our economic ties is gaining momentum, and efforts are being made to work out effective mechanisms for mutual settlements and monetary and financial control,” Putin said. “As a result, the share of the dollar in export-import transactions within the BRICS is declining: last year it amounted to only 28.7 percent.”

    > The former president of Nigeria reportedly got a standing ovation for this:

    “I want to buy from India. Why should I use dollars? It’s a payment and settlement system that will allow me to buy whatever I want to buy in India, whatever I want to buy in Brazil, without looking for dollars.”

    > And they tossed off another currency tease:

    “The creation of a currency for commercial transactions and investments between BRICS members improves our payment conditions and reduces our vulnerabilities,” said Brazilian President Luiz Inacio Lula da Silva, who has been the most vocal proponent of the common currency project among the five leaders.

    “Going forward, the one BRICS certainty is that the world’s second and third-largest oil producers (Saudi Arabia and Russia) will be operating at least partially outside the dollar-centric financial system and within an aspirationally dollar-free system.”

    “In purchasing power parity terms, the BRICS now account for a bigger share of global GDP than the G7 countries.”

      Aug 27, 2023 27:01 AM

      The 4 Biggest Moments From This Week’s BRICS Summit — And Why They Matter

      August 25, 2023 – CBS

      “The BRICS economic bloc ended a historic three-day summit in South Africa Thursday after making multiple headlines. The five-country group, made up of Brazil, Russia, India, China and South Africa, is one of the leading global voices for more representation of the developing world and the Global South in world affairs. And some of the past week’s developments will likely raise some serious questions for the U.S.”

    Aug 27, 2023 27:03 AM

    Succinct Summation of the Week’s Events

    Peter Boockvar – The Boock Report – Aug 25, 2023

    Aug 27, 2023 27:05 AM

    The Simple Case For Favoring Real Assets Over Financial Ones Today

    Jesse Felder – The Felder Report – (08/26/2023)