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Hour 1 – Investing And Markets – Commodities and Stocks To Consider

Cory
April 21, 2018
Comments (61)

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I have received a number of emails recently asking for a little more division on the weekend show between the investing and political side of things. I will post this weekend’s show in two parts so we can keep the comments separate. Please let me know how you like this format and any other suggestions you would like to see us implement.

From a market perspective this week we had a couple stand out commodities that broke higher. Aluminum and nickel both benefited from sanction talks while oil continued to move higher creeping closer to $70/barrel. Silver also had a good day on Wednesday which we had much commentary on throughout the week. Please be sure to look back on the recent week of editorials and company updates that are linked below.

  • Segment 1: Chris Martenson from Peak Prosperity kicks off the show with a focus on the general commodity complex and some of the commodities he thinks are due for a bigger pop.
  • Segment 2: To end the week Doc and I have started looking at metals charts for companies we like. This is one of those segments that we saved for this weekend’s show. We look at Godcorp, Yamana, and Novo.
  • Segment 3: John Kaiser joins me to discuss company exit strategies that investors should always consider when investing in junior stocks.
  • Segment 4: Business Editor of the Epoch Times Valentin Schmid provides his opinion of the trade disputes between the US and China.

Exclusive Company Interviews, News, and Comments

Segment 1

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Segment 2

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Segment 3

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Segment 4

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China Commodities CRB Gold stocks Trade Wars
Discussion
61 Comments
    Markedtofuture
    Apr 21, 2018 21:23 AM

    The Coldest April in 140 Years

    The emails have been coming about how it has been snowing well into April. Indeed, we are looking at this April coming in as the coldest in 140 years throughout many regions. It has snowed in Chicago, Detroit, New York, and Philadelphia during what should be spring. This is a sign that the energy output of the sun has been declining rapidly and as we move into the years ahead, this can be a major factor that supports a rally in agricultural markets going into a peak around 2024.

    When you put all the data together, it is shocking how easy it is to simply see there are cycles to everything.

    https://www.armstrongeconomics.com/world-news/climate/the-coldest-april-in-140-years/

      Ozibatla
      Apr 21, 2018 21:44 AM

      Hence why many of the “global warming” figure heads have changed that term to – climate change!

      Big Al
      Apr 21, 2018 21:46 AM

      Great point, thanks Markedtofuture.

    Skeeta
    Apr 21, 2018 21:29 AM

    Thanks as always for your efforts putting together the weekend show guys.
    Much appreciated.
    Cheers

      Big Al
      Apr 21, 2018 21:46 AM

      Definitely welcome, Skeeta.

    Silverdollar
    Apr 21, 2018 21:20 AM

    Cory: One of your best weekend shows in months, helped no little bit by separating into two comment sections. Hopefully the political junkies post their comments on the other page. Always enjoy Chris Martenson’s big picture views, especially when they coincide with many of the thinkers on these pages. Thanks!

      Excelsior
      Apr 21, 2018 21:16 AM

      +1

        Excelsior
        Apr 21, 2018 21:43 AM

        Good idea and platform Cory. Agreed Silverdollar.

        Personally, I’m also a fan of keeping the investment conversations and political conversations on different threads, just like they are during he week. It is much easier to keep one train of thought from either vantage point.

        The political topics are much more popular because everyone wants to come in to sound off on their opinion, and people get very emotional because they they are very attached to their individual world view and echo chamber. However, it makes it difficult to ferret out the investing discussions in the midst of all the heated debates. This way people that are actually investing in the resource space can have these discussions regardless of their political/spiritual persuasion and just talk economics or specifics.

          Big Al
          Apr 21, 2018 21:48 AM

          This division is something that we should have done a long time ago.

            Excelsior
            Apr 21, 2018 21:54 AM

            Big Al – like you mention there are room for all thoughts and perspectives and listening to all sides, but it is like posting ADD to have them all jumbled together.

            In addition, people don’t usually get offended to the point of leaving from charts or news releases or sector overviews or interviews or editorials on the resource sector. There are many that get their feathers ruffled over political/religious/social issues and people usually have a large amount of disdain for opposing views, and sometimes go storming off for good, or just decide not to post at all (as dozens have written me privately about over at ceo.ca).

            If those polarized topics politics/religion/social issues are dumped in with the investing/economics discussions, it discourages people that came here for the E in KER, and may have interest in the show sponsor.

            This is a much better format, and posters/readers that like both can still post in both rooms, so it isn’t denying anyone any of the content, just separating the topics for sanity’s sake.

            Thanks for all you and Cory do.

            Big Al
            Apr 21, 2018 21:57 AM

            That is the conclusion that we came to also Thanks Excelsior.

            Thomas
            Apr 21, 2018 21:03 PM

            +1 (I agree)

    Excelsior
    Apr 21, 2018 21:20 AM

    Clive has been positive on Silver recently thus far has been correct. However, it did make me laugh when he said Silver investments were “safe”. They’re a bit too volatile to really consider them safe, but I get what he means…. at present levels most of the downside has been priced in during the consolidation since the August 2016 highs, and they’ve been gradually clawing their way upward since the Dec 2017 lows during tax loss selling / FOMC rate hike.

    ___________________________________________________

    “#Silver and silver related investments now our favorite – and safe too!”

    — Clive Maund

    https://twitter.com/CliveMaund/status/987014619947560960

      Excelsior
      Apr 21, 2018 21:23 AM

      (ASM) Avino Silver & Gold Mines – David Wolfin – President & CEO

      April 18, 2018 – European Gold Forum – #CorporatePresentation #Video

      #Silver & #Gold #Producer in Durango #Mexico & #BritishColumbia

      http://www.europeangoldforum.org/egf18/company-webcast/ASM:CN/

      Dan, calgary
      Apr 21, 2018 21:27 AM

      Uranium has been going down too but some of the stocks have increased lately showing a divergence. I have sold out on most my uranium positions but am looking at them again. Go silver !;-D Impact, Americas and Santacruz are my favourites for now.

        Excelsior
        Apr 21, 2018 21:34 AM

        Dan, calgary – Agreed that the Uranium stocks have been a bit peppier the last few weeks. I have only have positions in 6 companies these days but they had nice green shoots lately and I did a few intra-day swing trades on UEC and UUUU this week since the trading volumes were higher.

        As for the others you mentioned Impact Silver, Americas Silver, and Santacruz Silver I hold them all and have high expectations for all 3 in the next major leg up in the metals cycle later this year.

        Cheers!

      Big Al
      Apr 21, 2018 21:50 AM

      I think that silver investments are “safe” as evidenced by my last major purchase which occured years ago. I am still showing a bit of a profit and I do get the assurance that I have tangible assets in my portfolio!

        Excelsior
        Apr 21, 2018 21:56 AM

        +1 Good point Big Al. Buying the physical over the years has indeed been a safe move (with the exception of those that were buying instead of selling in the fever pitch of 2011).

        Yes Silver anywhere in the “teens” is a great place to acquire.

          Big Al
          Apr 21, 2018 21:55 AM

          Excelsior,

          I thought so at the time that I did it and, obviously, I still think so today.

        bonzo barzini
        Apr 21, 2018 21:36 PM

        I can’t think of anything safer than silver right now, as long as you don’t buy on margin like Nelson and Bunker Hunt. And PSLV at a 2%discount to spot looks safer than buying Eagles at a 20% premium. And rumor has it that PSLV stores its bullion in a secret cave behind a waterfall in the mountains above Dawson City where Sgt. Preston of the RCMP and his wonder dog, Yukon King, are on patrol. On King, on you big husky!

          Excelsior
          Apr 22, 2018 22:28 AM

          Here’s a good Silver chart from a technician over at ceo.ca that goes by @11:

          ________________

          @11 – “We can see clearly on the $SILVER Weekly chart where we don’t want bullion to ‘close below’ Silver $15.66 and $17.36 resistance hit last week:”

          https://tinyurl.com/ycl4zy29

      Ozibatla
      Apr 21, 2018 21:33 PM

      Good ol’ Clive, always an entertaining read if nothing else.

        Excelsior
        Apr 22, 2018 22:57 AM

        Agreed. I take it all with a grain of salt, but he’s a pretty good technician, and has been pounding the table on Silver miners the last few months. For anyone keeping score, he’s been correct, and the Silver miners have been on a rise since their Dec 2017 lows. Many of the select PM miners have done much better than most even realize because so many are droning on about the Majors or ETF performance. It’s been a stock pickers market.

        _____________________________________________________

        6 month chart showing examples of some #Gold & #Silver #Producers that have had reasonable 30%-70% returns, during a period when much of the PM sector has been range-bound. #mbgtrends

        $MYA $CAL $IPT $TGZ $SGI $ASO $PGD.L $SFR $KNT $EDR

        http://www.stockcharts.com/freecharts/perf.php?MYA.V,CAL.TO,IPT.V,TGZ.TO,SGI.V,ASO.TO,PGD.L,SFR.V,KNT.V,EDR.TO&p=3&O=111000

      Excelsior
      Apr 22, 2018 22:03 AM

      (AR) (ARNGF) Argonaut Gold – Peter Dougherty, President & CEO

      April 18, 2018 – European Gold Forum – #CorporatePresentation #Video

      #Gold #Producer #Mexico #Developer in #Ontario

      http://www.europeangoldforum.org/egf18/company-webcast/AR:CN/

        Excelsior
        Apr 22, 2018 22:16 AM

        (BLX.AX) (BKHRF) Blackham Resources – Milan Jerkovic, Chairman

        April 19, 2018 – European Gold Forum – #CorporatePresentation #Video

        #Gold #Producer #Australia

        http://www.europeangoldforum.org/egf18/company-webcast/BLK:AU/

          Excelsior
          Apr 22, 2018 22:15 AM

          (ALO) Alio Gold Inc. – Greg McCunn, CEO

          April 18, 2018 – European Gold Forum – #CorporatePresentation #Video

          #Gold #Producer #Developer #Mexico #Nevada

          http://www.europeangoldforum.org/egf18/company-webcast/ALO:CN/

            Excelsior
            Apr 22, 2018 22:59 AM

            (ANX) (ANXGF) Anaconda Mining Offer to Shareholders of (MAE) Maritime Resources

            Anaconda Mining – Apr 21, 2018 – #VIDEO w/ Dustin Angelo

            “Anaconda has a clear growth strategy in Atlantic Canada, which includes acquiring gold projects that could benefit from the experience of our management team and the substantial infrastructure we already have in place. By accepting the Offer, Maritime Shareholders have the opportunity to realize a significant premium and participate in the upside of not only the Green Bay Project, but also Anaconda’s projects. As a larger gold producer and developer, and a leader in Atlantic Canada, the pro forma company will have a greater market presence, leading to higher liquidity, lower cost of capital, and expanded financing options. With this combination, Maritime Shareholders will finally be able to realize the value that has eluded them to date.”

            ~ Dustin , President and CEO, Anaconda Mining Inc.

            https://www.youtube.com/watch?v=k8jocmj54Do

    Excelsior
    Apr 21, 2018 21:47 AM

    I’ll be excited when investors are climbing the wall of worry like this in Resource Sector:

    https://78.media.tumblr.com/493c8cf6ecb3fcc2f1d974fbfa3bfe4d/tumblr_ngz8c4LI7n1thwgrpo1_500.gif

    Chartster
    Apr 21, 2018 21:50 AM

    Gold being repatriated quite a bit these days.

    https://www.zerohedge.com/news/2018-04-20/turkey-will-repatriate-all-gold-us-attempt-ditch-dollar

      Big Al
      Apr 21, 2018 21:51 AM

      Thanks Chartster

    Matthew
    Apr 21, 2018 21:00 PM

    GDX managed to close another week above the 50 week MA…
    http://schrts.co/gVjYqG

    Anders from Copenhagen
    Apr 21, 2018 21:47 PM

    Clip from QH’s presentation on novo from his resent speech in Amsterdam
    https://www.youtube.com/watch?v=yTgseabmZX0

      bonzo barzini
      Apr 21, 2018 21:39 PM

      Anders, When I visited Copenhagen in 1973 I stayed at a wild place called the Aktiv University. Is that place still going strong or has it gone with the wind?

        Anders from Copenhagen
        Apr 22, 2018 22:52 AM

        Unfortunately ‘aktiv university’ is not active anymore 😎

          bonzo barzini
          Apr 22, 2018 22:07 PM

          When did this happen? Why wasn’t I notified? I met a gorgeous redhaired lass from England in the mixed sauna at the Aktiv U. We toured the palace, gardens, and the Carlsberg brewery together.

    Excelsior
    Apr 22, 2018 22:16 AM

    Save America’s Nuclear Power Plants

    Ryan Cooper – April 19, 2018

    “The United States still has the largest network of nuclear power plants in the world — bigger even than France, which gets about three-quarters of its power from nuclear. But the U.S. nuclear supply is shrinking fast. Plants constructed during the building spree in the 1960s and ’70s are being retired as they reach the end of their planned operating lifespan, while they simultaneously come under powerful price pressure from natural gas and ever-cheaper renewables. Recently the utility FirstEnergy announced plans to shut down three nuclear power plants in Ohio and Pennsylvania, following an announcement from Exelon that it would close the Three Mile Island plant next year.”

    “This is bad. Whatever you think of nuclear power, it is still the largest zero-carbon portion of our existing energy infrastructure. We should wring every last kilowatt out of that infrastructure until renewables (or perhaps future superior nuclear tech) are ready to take up the slack. Reducing carbon dioxide emissions should be an overriding goal for all energy policy.”

    http://theweek.com/articles/768272/save-americas-nuclear-power-plants

    Excelsior
    Apr 22, 2018 22:29 PM

    Gold Nearing Bull Breakout

    Adam Hamilton – Apr 20, 2018

    “Gold remains largely forgotten, off the radars of most investors. But that’s likely to change soon as this leading alternative investment is nearing a major bull breakout. Once gold climbs to decisive new bull-market highs, sentiment will turn and investors’ interest will surge. Their resulting buying will rapidly drive gold higher, attracting in more capital inflows. Gold is only a couple modest up days away from that key breakout.”

    http://www.321gold.com/editorials/hamilton/hamilton042018.html

    Chartster
    Apr 23, 2018 23:43 AM

    If GLD keeps sliding down, it’s going off the cliff. That weekly chart looks like a big move is about to occur…