Here’s what a bullish correction in gold should look like
Jordan Roy-Byrne, Founder of The Daily Gold joins me to share his thoughts on what a bullish correction for gold would look like. With everyone saying gold is overbought and a correction is due the fact is that in bull markets price can continue to run and corrections are typically short term events. We discuss a lower level that would still be bullish for gold and just how important Friday’s close will be.
Recapping comments from Powell and Mnuchin, plus gold’s pullback and oil’s move higher
Chris Temple joins me today to address some of the market moving comments from yesterday afternoon and this morning plus take a look at the now volatile gold price and oil price. We start with Fed Chairman Powell and his comments regarding a possible rate cut in July and how this is not a guarantee. Next is Treasury Secretary Mnuchin with comments on a possible US/China trade deal that seems to have been taken out of context. Finally we address the pullback in gold and move towards $60 in oil.
Click here to visit Chris’s site. I highly recommend signing up for his newsletter.
Nicholas Pardini – Fed policy and the correlation between risk on and risk off
Nicholas Pardini, Managing Partner of the Davos Investment Group joined me yesterday afternoon to discuss a number of topics ranging from Fed policy to the recent positive correlation between risk on and risk off assets. Looking ahead to when the Fed will cut rates, no matter if it’s in July or shortly after, it is signifying another cycle of central bank dovishness out of the Fed. The most important questions are will this be enough to stop a recession and how will the markets digest all even cheaper money.
To find out more about Nicholas’s research please email me at Fleck@kereport.com. His products are very much for the institutional investor.
Gold continuing to breakout but is a correction due?
Chris Vermeulen, Founder of The Technical Traders joins me to a close look into gold – what’s driving the move, what the technicals are saying about this fast move higher, and if a correction is due. We also look at the gold stocks, silver, and USD all within the context of gold.
What can we reasonably expect to come out of the G20 meeting?
Ed Moya, Chief Market Strategist at OANDA shares his views on what is possible in terms of US/China relations at the G20 this week. No doubt there will be some market volatility around whatever comments are made but it is really hard to predict and expect the tone to last.
Gold, Lower Yields, and The Everything Bubble
Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show joins me today with a wide ranging discussion. We always address the markets and stocks that are moving most and this week the discussion focuses a lot on the gold market. As Joel points out it’s all about momentum and gold definitely has that going for it. We also look at the bond market, which continues to more higher and the concept of an everything bubble.
Doc’s thoughts on gold breaking to 6 year highs
Doc joins me today to share his thoughts on the breakout in gold. We look at the moves in gold, silver and the gold stocks.
How to take the metals price out of your DD for metals stocks
Brian Leni, Founder and Editor the Penny Stock Review website shares his thoughts on what he looks for in terms of resource stocks. We discuss the stage of project he prefers, jurisdictions, metals, and the balance of market cap to project economics.
This is a different gold bull market than in the past
Chris Temple joins me today to outline why he thinks this gold bull market is different than the ones in the past. Considerations for this outlook are inflation expectations low, interest rates at historically low levels, and a different type of investor these days. We address how the stocks will fair in this new environment.
Hour 2 – Politics
Segment 1 – Recently the medical community announced the possible introduction of a pill that drastically reduce the aging process. We discuss this with Bridgette Portman Phd.Segment 2 – Dr Bridgette Portman describes her play Ageless which debuted in San Francisco bringing up interesting questions about the aging process.Segment 3 – We discuss the opposite philosophies the current political spectrum with John Perazzo of the David Horowitz Freedom Foundation.Segment 4 – John Perazzo continues his discussion involving both sides of political philosophies in America.
Segment 4 …read more
Hour 1 – Central Bank Easing, Gold, Tech, and An Update From Auryn Resources
It was a big week for gold which closed at a 5 year high, right at $1,400. While gold was heading higher US markets also touched all time highs and the Dollar moved down. These moves were helped by the Fed statement mid-week and a continued dovish shift by the central banks around the world. I discuss all of these market moves in this hour as well as receive a comprehensive update from Auryn Resources.
I hope you all enjoy the show! Please keep in touch by emailing me at Fleck@kereport.com. Have a great weekend!
Segment 1 – Marc Chandler, Managing Partner at Bannockburn Global ForEx shares his thoughts on the statements from both Jerome Powell and Mario Draghi, and looks ahead to market moving events next week and the G20.Segment 2 – Mike Larson, Editor of The Safe money Report weighs in on the Fed’s inability to create inflation and the what a rate cutting cycle will look like. Segment 3 – Allison Ostrander, Director of Risk Tolerance at Simpler Trading takes a look at some of the big name tech stocks and what the charts are telling her. Segment 4 – A full update on Auryn Resources from Executive Chairman Ivan Bebek. We discuss the Sombrero Project in Peru (including your permitting questions) and the drill program about to be started at Committee Bay in Nunavut. Click here to visit the Auryn Resources website.
Exclusive Company Updates This Week
Ivan Bebek – Auryn Resources …read more
Market Wrap – Gold, Silver, Yields, US Markets
Chris Temple joins me for market wrap on a very important week for gold investors. We discuss the strong close for gold and why silver is still lagging. We also look at Chris’s Odd Couple trade and wrap up the call with the US markets which sold off into the close.