Weekend Show – KER QuickTake & Dan Steffens – Metals & Energy Market Outlook: Top Metal and Energy Picks
In this weekend edition, we bring you live insights from the floor of the Las Vegas MoneyShow followed by an in-depth energy sector deep dive. The common thread: a global commodity supercycle driven by supply chain shifts, AI-related infrastructure demand, and significant consolidation in the oil and gas space.
- Segment 1 & 2 – In this live KER QuickTake recorded from the MoneyShow in Las Vegas, Cory and Shad discuss the current commodity supercycle and the shift toward domestic sourcing of critical minerals. They analyze investment opportunities across the precious, base, and energy metal sectors, emphasizing the importance of selecting mid-tier producers and companies with established growth pathways in the current bull market.
- Segment 3 & 4 – Dan Steffens, President of the Energy Prospectus Group, discusses the recent rebound in oil prices driven by geopolitical tensions in Iran and high demand for diesel. He also explores the growth and investment potential in energy stocks, specifically focusing on the recent mergers and acquisitions involving companies like Devon Energy and Whitecap Resources.
- Click here to visit the Energy Prospectus Group website for more energy market and stock analysis – http://www.energyprospectus.com/
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Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
SILJ delivered roughly 2.5x leverage to silver this month.
https://schrts.co/TdXbGGZR
The silver stocks are getting ready to slingshot higher versus silver but they might need a short term break first based on the daily chart.
https://schrts.co/nGtPKwxV
For the first time since April, the Nasdaq 100 has finished a month below the 5 month EMA.
https://schrts.co/eCiITqRf
Silver broke out of a giant parallel channel last month so this month’s strength was just what we needed for confirmation purposes.
https://schrts.co/MrqtskuX
Maybe this one will work:
https://schrts.co/msJrgiSN
NVDA obtained two bearish breakouts at once with yesterday’s close.
https://schrts.co/vDktFuqu
Don’t know what happened to the above NVDA chart. Hopefully it will work this time:
https://schrts.co/rHpdcaiv
XAU priced in SPX took out and closed above last month’s high to finish the month up 24%. It can’t be stressed enough that this gold bull has a very long way to go.
https://schrts.co/tXxcWuEZ
Giant modified Schiff fork breakout:
https://schrts.co/tXxcWuEZ
Hitting this fork last month had to have added to the quick downside reaction that we had at the end of the month.
Someone told me the chart above was wrong so here’s the right one:
https://schrts.co/cwARHIDV
Well…….now with the anticipated regime change in Iran underway……………….gold, silver and oil are going to have their day !
Prayers go out to the people of Iran !!!
Prayers go out to the people of Iran !!! …………. DITTO
Regime change? How about a failed state like Libya.
Anyway, it just started so anything can happen
Apparently the Straits of Hormuz have been closed, the price of oil and the cost of this war could bring about an epic smash in the markets. DT
An epic smash has been in the works for a long time; now they have a cover story to explain away its cause to the sheeple.
DT … I agree.
Based on monthly closes, the XAU is worth 70% more gold today than in December 2024 but this month’s breakout in XAU:GOLD sets the stage for dramatically greater gains in the months and years straight ahead.
https://schrts.co/mSPzqpSd
Silver lost it’s Kaufman’s Moving Average (KAMA) on the last trading day of January and got it back on the last trading day of February.
https://schrts.co/sqMZHWcA
I’m glad silver had that violent shakeout when it did.
Silver:Gold weekly:
https://schrts.co/PZfgJKjr
We just had the best monthly close in 13 years for Silver:Gold.
https://schrts.co/MuKjYNTc
Silver got knocked down almost 50% from its January high yet even gold was unable to outperform it this month. That is impressive.
https://schrts.co/DRxwZhRh
There are 500 ounces of silver in every tomahawk cruise missile. Supply depletion at its finest.
Otherwise, nothing new going on. Washington D.C. has been occupied territory of Tel Aviv for a long time.
To be clear, this is small potatoes next to Biden’s genocide in Palestine.
Which trump kept going ……….. SHAME ON HIM.
blaze …. D.C. has been occupied territory of Tel Aviv for a long time… Aint that the TRUTH.
trump = MIGA , not MAGA. The guy needs to be kicked out.
If Iran does not militarily close the Straits of Hormuz
after its leader had apparently been assassinated
then the whole affair was “pre-ordained”!
https://www.tradingview.com/x/ZtxDm4c4/
Ethereum : No sign of Dollar weakness!!
This means the Straits are still sacrosanct;
ergo, Iran is part of the production!
There have been reports that the strait is closed.
For example:
https://www.haaretz.com/middle-east-news/2026-02-28/ty-article/.premium/iran-reportedly-closes-strait-of-hormuz-the-worlds-most-vital-oil-export-route/0000019c-a528-defa-abdf-bffd65440000
Militarily, or by choice? BDC
Reports are surfacing that tankers are being sunk at or near the Straits. If so, I find it strange that Bitcoin and Ethereum, which are continuously active, do not reflect it, e.g. Ethereum: https://www.tradingview.com/x/nauhUn3k/.
One pundit: “Closing the straits now would benefit Washington and Moscow and hurt Europe and China.”
20% of world oil supply passes through the Strait of Hormuz. About 3% from Iran, the rest from Saudi Arabia, UAE, Iraq, and Kuwait. 3 or 4 tankers sunk at the narrowest part of the Strait could close it. Hopefully the naval task force in the region has been keeping a close watch on this.
Adam Taggart is doing an interview with Kirsten about HydroGraph (HG-CDN-HGRAF-OTC) next week, you will notice he doesn’t say which graphene company it is but on the chart he shows anybody here would know instantly. He is a little late to the party, a lot of people never saw this stock tsunami and now that it has hit the shore they are opening their eyes. Anyway we welcome all to the party!!! DT 🤣🎈🎉
DT: Smart move, holding. Now it’s probably in a high level trading/consolidation range, with a very solid base below. This one may even hold well up in a deep market downturn. BDC
Weekend Update – Gold, GDX, Silver, SIL, Copper, COPX, URNJ, REMX, XLE, and Money Show Conference Talk
Excelsior Prosperity w/ Shad Marquitz (02-28-2026)
https://excelsiorprosperity.substack.com/p/weekend-update-gold-gdx-silver-sil
Matthew,
It’s been many years/decades in fact and I can’t thank you enough for your Class A+ charts. We are very lucky to have you sharing them. I personally have saved many of the myself.
Touching base on your daily thoughts of gold/silver near term or short term possible top I agree 100%. It coincides with what I’m seeing. It’s possible we get here 2-3 days of up on the daily and reverse. I’m looking personally into a c correction that should not and may not go lower then the A wave bottom. I give it 12-14 day correction and 3/4 week of march should be fireworks if not before.
All the best Glen
Commodities – 1 year % change as of 02/28/2026:
Why This Silver and Gold Rally Defies Traditional Expectations
Muflih Hidayat – Discovery Alert – March 2, 2026
https://discoveryalert.com.au/modern-precious-metals-markets-2026-architecture/
Don Durrett had little good to say about Impact(IPT) recently. Anybody at PDAC could drop around to their booth(2505) and ask those knuckleheads what is going on.
GATA………….. more politics please……
Note to the MINING SECTION…………
That’s why the only investment advice I can offer is to amass all the monetary metal you can and then find a safe planet to keep it on — and when you find such a planet, please e-mail me at CPowell@GATA.org.
GATA’s struggle — the struggle for free and transparent markets in the monetary metals — is part of the broader struggle for democratic, accountable, and limited government, and, really, the brotherhood of man, the struggle for decent civilization and fairness. In that broader struggle Canada often has punched far above its weight and sometimes has sacrificed much.
In the meantime it would be helpful if you tried to get your industry’s nose out of the ground and more into politics and government.
Silver 15m, looks complicated but silver dropped on big volume, right to a major support in my opinion…
GATA…Chris Powell………..
Note to the MINING SECTION…………
That’s why the only investment advice I can offer is to amass all the monetary metal you can and then find a safe planet to keep it on — and when you find such a planet,
In the meantime it would be helpful if you tried to get your industry’s nose out of the ground and more into politics and government.
Silver added 11% this month for its 10th straight higher monthly close. I haven’t checked but I doubt very much that it has had such a run in the past, even in the 1970s.
In 2011, silver peaked and closed a month at 130% above its 25 month MA and last month it peaked at 235% of that MA but still closed at that 2011 level of 130%. So this months is a breakout regarding that metric.
A couple weeks ago I said that it was still technically possible for silver to resume its parabolic assent and, as should be obvious, that is still very much the case.
https://schrts.co/eBtptSje