Negative Real Rate, Fear Around The World, Weaker Economic Data, All Helping To Drive The Precious Metals
Craig Hemke joins me for the last daily editorial of the day with a focus on gold and silver. With silver and the gold stocks closing in on recent breakout levels the stage could be set for these to play catch up to the gold breakout. There are a number of factors driving the precious metals higher and now the market is starting to predict a Fed rate cut sooner rather than later.
The Dollar Is All About A Divergence In US vs European Data, Plus Comments on Safe Havens
Marc Chandler joins me today to first comment on the rollover in the US Dollar. He points to the flash PMI readings today where Europe surprised to the upside and the US number disappointed. We also discuss the US market pullback to end the week, yields crashing to historic levels and gold rising.
Don’t you think that it is too early to predict?
Our current opinion is that Bernie could cause one. But, way to early to tell. …read more
Buy the dip across the board remains the best strategy
Dana Lyons joins me today to share his continue buy the dip strategy for US markets, bonds and precious metals. With the over 300 point drop today in US markets that came out the blue Dana outlines how the drop presented a good short term buying opportunity. As for bonds and gold, those continue to head higher, and each dip should be bought.
Dana is also running a special at his Lyons Share Pro website. Click here to view the 33% off special.
Comments on Midas Gold, Galway Metals, and Azimut Exploration
In my conversion with John Kaiser today we start out looking at a couple stocks that John is using as a barometer to judge general interest in metals stocks. Midas Gold and Galway Metals are the two stocks John is watching most closely.
We also discuss Azimut Exploration that has more than tripled just this year. On the back of good rill results and a financing just announced this is a stock to keep an eye on.
The Fear Trade In Action – Comments on precious metals, USD, and stocks
Sean Brodrick kicks off today with a recap of the market moves yesterday all focused toward a fear trade. We comment on gold and silver as well as Palladium and Rhodium. Next up is the US Dollar which has also broken out.
Please send me any questions or companies you want Sean to look into – Fleck@kereport.com.
Watch the USD/gold relationship
With the nice move higher in gold today it is noteworthy that the US Dollar continues to run and is at a 3 year high. This is a true safe haven move currently.
Chris Vermeulen joins me to share the levels he is watching on the charts. If the USD hits a rough patch and rolls over that could be another driver for the PMs to run much higher. We also touch on the small (for now) bounce in natural gas and the trading opportunity Chris is playing.
A Focus On The Pop In Precious Metals And More Importantly The Stocks
Dave Erfle joins me to address this pop in gold, silver, and the underlying stocks. It’s a very encouraging day for PM investors while the rest of this week will need to confirm this move. Dave even throws out a number for gold over the next couple months that might surprise you!
Recapping the Comments Out Of Apple and The Market Reaction Into Risk Off Assets
Joel Elconin joins me today to share his thoughts on the negative comments out of Apple yesterday and the market moves out of risk on into risk off. It’s important to consider and understand where Apple’s stock has gone over the past 6 months and how this dip is already being bought back slightly. Overall the shift to risk off assets to start this week is noteworthy.
Different candidates. …read more
A new look at what is considered a safe haven asset
John Rubino joins me on this holiday Monday in the US and Canada to discuss what assets investors are looking to for safety. With the US dollar, treasuries, gold, and US tech stocks all moving higher there is an argument to be made that US markets are being looked at as a safe haven investment.
Comparing the markets currently to 1999
Chris Temple joins me on this Friday with a look back in history to compare the current state of the US markets to past times. He outlines how 1999 was very similar and what a profitable portfolio strategy was.