Weekend Show – Jeff Christian & Josef Schachter – Gold and Energy Catalysts: Debt, Deficits, and Drill Baby Drill
A wide-ranging macro breakdown on gold, oil, natural gas, and the looming catalysts for volatility with Jeff Christian (CPM Group) and Josef Schachter (Schachter Energy Report)
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- Segment 1 & 2 – Jeff Christian, Managing Partner at CPM Group, joins the show to discuss how the recently passed U.S. tax bill could significantly increase deficits and economic uncertainty, reinforcing long-term support for gold. He highlights strong global investment demand, particularly through gold ETFs, even as the metal trades sideways near record highs. Christian notes rising institutional short positions and the potential for physical market tightness around the August futures contract. Geopolitical risks and a surge in global money supply remain key catalysts that could drive gold and silver higher in the second half of the year.
- Click here to visit the CPM Group website to learn more about the firm.
- Segment 3 & 4 – Josef Schachter, founder of the Schachter Energy Report and Eye on Energy Substack, joined us to share his latest insights on the oil and natural gas sectors. He discussed why U.S. production remains strong despite falling rig counts, how efficiency gains like pad drilling and polymer floods are reshaping conventional oil, and why LNG demand and Alberta power needs may drive a natural gas rebound—especially for Canadian producers. He also highlighted key contrarian opportunities in beaten-down Canadian gas stocks, select dividend-paying oil equities, and ETFs like XLE and OIH if markets pull back to April levels.
- Click here to learn more about The Schachter Energy Report
Massive Rare Earth Element Deposit Confirmed in Wyoming! DT
https://www.zerohedge.com/markets/massive-rare-earths-elements-deposit-confirmed-wyoming
ISVLF just had its best weekly close in 3 years on it second best volume in 5 years.
https://schrts.co/tTGhsSCy
Thank you, Matthew for the chart. I took some profit yesterday and will wait for 0.70 level, according to your chart. All the best.
You’re welcome, Alex. You chose a reasonable level to take profits and I have a feeling you’ll be doing so soon since silver is just getting started.
Quarterly silver:
https://schrts.co/iRRhRuGg
Intrepid has had another good drill result. Might be worth a look.
https://www.fibonomics.com/2025/07/natgas-anatomy-of-low-bottom.html
NatGas : Anatomy of a Low (Bottom?) : Companies Recover
BOIL vs UNG : Commodity Channel Index
Not bashing you but dude, why are you so obsessed with NatGas? Some amazing moves occurring in Silver, UR, Nasdaq – who the hell invests in this sector middle of July? Lol.
CJ: When resources are limited trading is better. Average daily ranges of BOIL and KOLD are the best, other than futures and options. Portfolios of various types require large sums.
I made the decision awhile back to become a top expert in NatGas trading and independent analysis, which is useful in other areas too. That goal has been reached, opening the door to other possibilities.
Thank you for your interest. BDC
Here’s a chart I posted in 2022, not long after silver bottomed versus commodities (in this case, the Goldman Sachs Commodities Index). Since silver is more money than commodity, it should be no surprise that it is up 160% versus the GSCI since mid 2022.
https://schrts.co/gDJceYcz
Kootenay is looking good:
https://schrts.co/ftdJVMyu
I wonder about KTN now. How about Kootenay Resources?
What are you wondering about KTN? It has a lot of silver in the ground in different deposits that vary greatly in quality/economics so there’s plenty of leverage to the silver price built into it. Its volume lately has been impressive like the recent $20M financing which was upsized twice. I can see why its Peter Spina’s largest speculative silver position.
https://schrts.co/ZqMPtJMd
I own a small amount of shares in Kootenay Resources through the spin out but am not adding to it yet.
KTN closed above its 200 week MA for the first time in 3.5 years as well as important speed line resistance and now looks ready to accelerate to the upside.
https://schrts.co/cquFDwVU
IPT looks very similar but has been stronger so far.
https://schrts.co/UUknZARA
Just wondering if KTN can develop those resources aftet Mexican gov’t said they will not approve any new lisences
I’m sure he means Kootenay Resources, KTRI.TSX.v… the spinout from a few years back that has land in the central area of BC around Fraser Lake.
I thought he was asking about both. Which is it, Terry?
KTN
K, good. That’s the one I have a lot of. Based on my outlook for silver, it should perform so well that most of us will sell out way too soon.
https://schrts.co/HTHXpxvc
KTN and Kootenay Resources are two different companies.
AG – it may take a little breather around $10 area but the monthly PPO has crossed its centerline and is gaining bullish momentum. The recent price breakout suggests to me that we likely have further to run, maybe $12-14 area before September.
I don’t own AG but if I did I would be very reluctant to sell any anytime soon. I think it will go right through 10 without showing an ounce of respect for it.
Check out the volume increase this year…
https://schrts.co/AKrAzThU
Matthew, That is very encouraging to hear. I own a lot of AG (and PAAS, EXK, FSM) indeed, these are some life changing moves! What are your thoughts regarding airline stocks, esp DAL, LUV.
I’ll take a look at DAL and LUV but first you have to see this weekly AG chart going back to 2016. It’s too bullish for words in my opinion. Again, looking at volume you can see the massive difference between the 2016 and 2020 “bull markets” compared to the current and real bull market. And of course we can’t miss that speed line breakout this week or the Fibonacci fan breakout that AG has been consolidating above for the last month.
In the years ahead, I believe that all of the action of the last decade will be seen for what it is: a huge base. But I’m getting ahead of myself so no need to believe it now. You’ll earn huge gains before that base comes into play.
https://schrts.co/WAjVfSxT
2024 bull market in silver is going to be the sum of all (2011 + 2016+ 2020) but wow! your words are impressive. I learned through experiences that metal stocks are not for investing but trading short term moves. We all harbor those feelings and now is the time to change that psyche.
Yes indeed we must change so that our recent years of experience don’t cause us to be irrationally bearish.
I haven’t been following the airlines but technically they look better than I expected. Looks like the 2020 covid cleanout did them a lot of good. If I were to give them a shot I would buy LUV and skip DAL.
Using that weekly AG chart just above, take a look at the differences between the two. Then make it monthly and 20 years instead of 10. LUV has the cleaner and more appealing setup by far, imo.
By the way, I just noticed that my annotations aren’t showing up anymore when I checked using my phone. Are you able to see them? I didn’t notice the issue when using my computer since I’m always logged into stockcharts on it. What a bummer if stockcharts has changed something.
Here’s a monthly view of LUV; there should be a pitchfork (which LUV is breaking out of):
https://schrts.co/ryhCNWDI
I didn’t see any annotations on your chart. I know they recently switched to HTML 5 based workbench but annotations are showing up on my saved charts.
Thanks. I guess they don’t like their customers sharing charts.
Btw, I applied TTM Squeeze indicator to those airline stocks and based on it alone DAL looks like a better buy than LUV. Yes, that’s just one indicator but it’s been a good indicator in my experience.
Maybe it will show up:
https://schrts.co/bDRIYjSB
Priced in silver, AG is ready for blast-off and that’s saying something since silver itself is ready to do the same.
https://schrts.co/AFYCmfKE
Looks like interest rates are going higher.
https://schrts.co/cyymDAPC
In the 25 years of available data on stockcharts, the TSX-V has never had better looking launch into an uptrend. Not surprisingly, the base that provided the fuel for that launch is also in a league of its own and spanned almost 3 years. Isn’t it interesting how quiet periods in markets resolve themselves? The cure for a boring market is, apparently, a boring market.
https://schrts.co/ikrTckTv
SILJ just had its best weekly close of the year versus GDX and took the lead from GDX in YTD performance.
https://schrts.co/GTTAxkiX
Silverproducers are making a lot of money now.
My favorite is Asm (Avino)but it has run a lot since march 2024 and Im curious if it has the same potential as AG in the bright future of silver or it may take some rest for a while?
The recent tariff on copper definitely sets up buying American producers….the critical metal from America aka safe jurisdiction also makes Talon a good buy I think. Great time to be in metals in general.
Keep those charts coming Matthew. Appreciate you. Thanks
Thanks, Wolfster. I don’t know Talon but it looks like I should! It has had a great run already this year but it looks like there’s plenty more to come. The volume since May is impressive.
https://schrts.co/izUkWUDe
https://www.tradingview.com/x/q0pogiP2/
NatGas Wedges : Major & Minor
Likely Bottom Made
Looks like the bullion banks and hedge funds are playing Whack A Mole today. Looks like it’s working somewhat … but not sure momentum is not giving them a problem. The more the problem, the more I bet they start thinking of crashing the whole thing. Mental illness is a terrible thing to waste..,.
BRIXTON METALS CLOSES PRIVATE PLACEMENT
VANCOUVER, British Columbia, July 11, 2025 (GLOBE NEWSWIRE) — Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “ Company ” or “ Brixton ”) is pleased to announce that it completed on July 11, 2025, the non-brokered private placement previously announced on July 7, 2025 (the ” Offering “).
Do you know what I like about this deal, there were only warrants issued along with the finder’s fees. That means it is getting easier for companies to get financing and the Fats Cats that feed off warrants will have to join the crowd of regular investors if they want a certain company in the future. Something I am seeing more of, and it levels the playing field. Also, the PP was non-brokered. DT