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Weekend Show – Byron King & Dan Steffens – Commodities Investing Analysis: Gold, Uranium, Oil and Nat Gas Stocks

Cory
November 23, 2024

 

Welcome to The KE Report Weekend Show! It was s busy week at the New Orleans Investment Conference. We will have interviews from the show floor released throughout next week so be sure to check the website and your podcast player to stay up to date.

 

This weekend’s show is focused on investing in commodities and commodity stocks. The metals of focus are gold, uranium, oil and natural gas.

 

Thank you to all of your who swung by our booth this week. It was great to connect and hear your thoughts on the conference.

 

  • Segment 1 & 2 – Byron King, Geologist and writer at the Paradigm Press Group, joins me from the floor of the New Orleans Investment Conference to discuss the gold sector’s current state, highlighting its performance and miners’ challenges. He shares insights on uranium’s potential, backed by bipartisan support in the U.S. Bryan also provides stock recommendations in the gold and uranium sectors.
  • Click here to visit the Paradigm Press Group website.
  • Segment 3 and 4 – Shift focus to the oil and nat gas sectors, Dan Steffens, President of the Energy Prospectus Group wraps up the show by sharing his insights on the current oil price trends, the potential impact of Trump’s policies, and the future of natural gas pricing. Additionally, Dan provides a detailed analysis of Ovintiv’s (NYSE:OVV) recent acquisitions and sales, and discusses the broader landscape of M&A activities in the industry.
  • Click here to visit the Energy Prospectus Group website for more energy market and stock analysis.

 


Byron King
Dan Steffens
Discussion
14 Comments
    Nov 23, 2024 23:03 AM

    Oil stocks looking mighty good. I started positions in HAL, OXY last week.
    https://stockcharts.com/h-sc/ui?s=HAL&p=W&yr=2&mn=0&dy=0&id=p85655424904&a=1838667283&r=1732377753292&cmd=print

    Reply
      Nov 23, 2024 23:07 PM

      KMI has had a bigger boost than I ever expected when I bought some a few years ago. At the price I paid, still paying 7% dividend. Wish I had bought more, a common lament.

      Reply
        Nov 23, 2024 23:49 PM

        Thanks for bringing up KMI, nice moves. I missed but congrats to you!

        Reply
    Nov 23, 2024 23:08 AM

    I have a feeling NATGAS will muddle through a couple of weeks before breaking out. Good time to purchase some quality stocks
    https://stockcharts.com/h-sc/ui?s=AR&p=W&b=5&g=0&id=p09892283769&a=1838667977&r=1732378031085&cmd=print

    Reply
    BDC
    Nov 23, 2024 23:33 AM

    https://www.fibonomics.com/2024/11/natgas-producers.html
    NatGas : PRODUCERS : CFD Elevator Down

    Reply
    Nov 24, 2024 24:33 AM

    IT LOOKS GOOD ON THEM! I can’t feel sorry for anyone that got sucked in by The EV craze. Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week. DT 😉

    https://www.msn.com/en-ca/money/topstories/goldman-funds-to-take-900-million-hit-on-northvolt-ft-reports/ar-AA1uCUN5

    Reply
      Nov 24, 2024 24:11 PM

      Yup. Those people who bought Tesla shares are singing the blues. Lol

      Reply
        Nov 24, 2024 24:19 PM

        Yuppers, the games not over yet, the people in Alliston still believe in Honda Ev’s being a credible operation! LOL! LOL! and LOL! AGAIN! Just wait till The Conservatives cut their corporate welfare and Trump places a tariff on them, and the public realizes they are too expensive to take to the grocery store. LOL! DT

        Reply
          Nov 25, 2024 25:28 AM

          Yup. Those people in Alliston who didn’t sell their houses over the last 10 yrs cuz of the imminent housing crash aren’t buying that PP will try reneging on an existing deal. They still remember what it cost in the end to cancel the natural gas plant in Mississauga. As for the tariffs by Trump, yes it will be very interesting to see what kind of tariff you put on a car that’s built with 80% of its parts coming from America.
          As for EV’s futures themselves. They aren’t disappearing. The metal needs won’t be to the expectations of the extreme rosy demand calls but it still exists and I’m quite happy being overweighted in Magna Mining.

          Reply
            Nov 25, 2024 25:24 AM

            The climate warming BS that was sold to the public by the “woke” crowd is coming to an end and so are the Ev’s that everyone would be driving. There will be a need for a lot of copper in the future if we can stop the wars that have consumed America since the end of WW11. But the debt bomb is still getting bigger, and we all know that housing prices have gone way up because the government has been printing huge amounts of money and opened the borders to illegal immigration.

            There will be a crash, we have over 1400 homeless tent encampments in Canada over 256 of them in Toronto alone. I know the person in charge of the daily bread food bank here we went to school together in the 90’s, everyday he sees starving people that have a low paying job but need the food banks to survive and some days they get turned away because the food is all gone. You might think that you can live in your million-dollar suburban home, and you won’t be affected by the suffering around you, but that too will come back to haunt us all. DT😉

    Nov 25, 2024 25:53 AM

    Rick Rule: Contrarian or Victim? Where to Invest (and Speculate) in 2025

    Rick’s takeaways from New Orleans

    Investing News Network – Nov 23, 2024

    https://youtu.be/d-sjO1QZiWU

    Reply
    Nov 25, 2024 25:56 AM

    Calibre Discovers Significant Gold Mineralization 1,000 metres Beyond the Valentine Gold Mine Resource, Newfoundland & Labrador, Canada; Drilling Intercepts Include 2.43 g/t Gold over 172.8 metres, 2.12 g/t Gold over 95.4 metres and 2.26 g/t Gold over 78.3 metres

    Nov 25, 2024

    https://www.calibremining.com/news/calibre-discovers-significant-gold-mineralization-9760

    Reply
    Nov 25, 2024 25:42 AM

    Scottie Resources is hosting a webinar today Mon, Nov 25, 2024 at 1:30pm Pacific Time:

    https://6ix.com/event/scottie-resources-or-corporate-update

    Reply

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