Weekend Show – Rick Bensignor and Matt Geiger – US Market Weakness, Higher Rates, Gold Vs Gold Stocks, Copper Equities Outlook
Welcome to The KE Report Weekend Show! On this Weekend’s Show we discuss potential weakness in the US markets, breakouts in gold and Bitcoin, copper breaking above $4 and Bitcoin recently over $70k.
Be sure to go back throughout the week to listen to the many Daily Editorials and Company Updates we released! Keep in touch with us through email to let us know of any guests you would like to see on the show.
We hope you all have a great weekend!
- Segment 1 and 2 – Rick Bensignor, President of Bensignor Investment Strategies kicks off the show with an extended segment focused on US markets, gold vs rates, gold stocks and Bitcoin. Rick is a true generalist investor who’s goal is to beat the markets. He shares some detailed levels for us to watch over the coming weeks.
- Segment 3 and 4 – Matt Geiger, Managing Partner at MJG Capital wraps up the show with a focus on copper’s break above $4/lb, what his found is investing in in the copper space, and his takeaways from PDAC.
After the normal looking November NatGas high, a natural corrective downtrend began, soon to become the collapse which initially stalled in December. Relatively strong rallies into early January were negatively punctuated by a bearish pin bar top. Then a more severe downtrend continued. This was fueled by Biden’s late January revelation that new LNG licensing will be restricted – an edict obviously planned for months in advance.
The most bullish aspect of near-term NatGas pricing was dealt a knockout blow. Many top shelf analysts were caught off guard, with the exception of some Elliott Wave people. My guess is that this market is being driven to extreme lows so that deep pocket manipulators can attempt to monopolize our most viable energy resource. Future details will be documented here.
Thanks BDC. Interesting thoughts on the Nat Gas markets both technically and fundamentally. Yeah those Biden administration energy policies on the new US-based LNG terminals were ridiculous, and did catch many energy investors off guard.
There may be some more pain in store in the widow maker, but I’m interested to start accumulating some natty gas stocks over the medium-term (next 3-6 months) as I believe we’ll see $3+ prices by the end of the this year preparing for winter.
Thus far I’ve just been accumulating Birchcliff, but I may add in Antero, and buy back into EQT Corp at one point (which I had a couple of good position trades in last year).
Here’s my latest article that went out to Substack subscribers yesterday:
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>> Opportunities With Mid-Tier And Junior Royalty Companies – (Part 1)
#ExcelsiorProsperity (03-12-2024) $gold $silver $copper #royalties #royalty
Sandstorm Gold $SSL $SAND
EMX Royalty $EMX
Metalla Royalty & Streaming $MTA
Elemental Altus Royalty $ELE $ELEMF
Vox Royalty $VOXR
Orogen Royalties $OGN $OGNRF
https://excelsiorprosperity.substack.com/p/opportunities-with-mid-tier-and-junior
Rambus’ report on gold breakout
https://rambus1.com/2024/03/11/weekend-report-golds-confirmed-breakout/
Excellent, I am following up on cory’s Interview of Labrador Gold approx 3 weeks ago. Any idea as to when we can tune in to it? Palisades Gold Radio has a great interview with Bob Coleman and Steve St Angelo on the intricacies of the pm markets. It is quite long, but eye opening in my opinion.
Double Jeopardy!
Jesse Felder – The Felder Report (03/16/2024)
Gold Rests as Silver and the Miners Begin Catching Up
David Erfle – The Junior Mining Junky – Friday March 15, 2024
https://mailchi.mp/092fa608c252/david-erfle-weekly-gold-miner-sector-op-ed-1602669
https://tinyurl.com/569d53y7
NatGas Week: My Take
Manipulation!