Matt Badiali – How Changing Energy Transition Trends Will Impact Investing In Commodities
Matt Badili, Editor of the New Energy Investor, published under Mangrove Investor, joins us for a wide-ranging conversation on the energy transition trends, backed by policy makers and manufacturing companies, and their impact on commodities, the electric grid, and daily life.
We take a nuanced look at what global trends are gaining or losing traction, and what perceptions have changed regarding the proposed transition from legacy hydrocarbons like coal, oil, and natural gas, to more of a focus on carbon-free energy generation sources like nuclear, solar, and wind, in addition to more energy storage.
These various newer power generation methods necessary for swapping oil and gas for electricity, impact both the reliability of the power grid and even the space necessary to accommodate this power generation. Each energy input and energy storage platform has different strengths and weaknesses, and also requires different commodities like copper, silver, uranium, lithium and rare earths. It’s a nuanced discussion, and by the end we tie in some of the investing themes and takeaways.
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Click here to visit the Mangrove Investor website to follow along with Matt’s market commentary.
Shorting Uranium, Lending Pounds, and Time Issues | John Ciampaglia Interview
Resource Talks – Apr 2, 2024
00:00 recap
01:32 why is the uranium price pulling back?
06:32 how much uranium does Sprott owns?
15:08 why are they purchasing uranium right now?
24:01 is Sprott still buying uranium on the spot market?
26:20 how are they managing risks?
29:29 will Sprott secure uranium like France does?
33:24 have Sprott be doing institutional swaps?
35:19 would Sprott lend physical uranium to institutionals?
37:30 does Sprott feel any competition in the spot market?
44:45 does the inability to enrich uranium affect contracting?
47:53 is Sprott purchasing UF6 or considering a new fund for it?
49:08 when will US utilities become more active in the uranium market?
51:11 is Sprott still pursuing a redemption mechanism?
53:23 why aren’t Sprott’s other physical funds at premium to NAV like in 2011?
58:10 which one of Sprott’s physical funds demands the most of John’s time?
01:00:33 which of Sprott’s ETF is receiving the most money inflow?
01:04:54 are institutional investors investing in the junior uranium miners?
01:09:20 how do you investing models when there’s a capital constraint?
01:11:46 does Sprott borrows shares from URNM or URNJ?
01:19:59 contact details
Rick Rule – 10 Uranium, 10 Silver, 10 Gold & 10 Copper Stocks
CEO & Market Expert Interviews – Mar 28, 2024
Chapters:
0:00 Intro
0:34 Bank business
4:14 Commodity bull cycle, yes or no
7:20 Gold, disconnect between price and equities
12:30 What is next for uranium
15:50 Analysis on the companies
16:34 SilverCrest Metals
17:04 Pan American Silver
18:14 Vizsla Silver
18:53 First Majestic Silver
19:33 Mag Silver
20:04 Fortuna Silver Mines
20:40 Silver One
20:46 Dolly Varden Silver
21:31 Abra Silver
22:22 Wheaton Precious Metals
22:48 Goldmining Inc.
23:26 Sandstorm Gold
24:32 Newmont Corp.
25:17 Equinox Gold
26:02 IAM Gold
26:40 Alamos Gold
27:37 Kinross Gold
27:46 B2Gold
28:50 Ivanhoe Electric
29:54 Hudbay Minerals
30:15 Lundin Mining
30:46 Filo Corp.
32:01 Teck Resources
32:44 Taseko Mines
33:01 Faraday Copper
33:04 Brixton Metals
33:19 Oroco Resources & Surge Copper
33:33 Kazatomprom
35:28 Cameco
36:13 Fission Uranium
36:57 Denison Mines
38:03 enCore Energy
38:05 Iso Energy
38:26 Atha Energy
38:30 Ur Energy
38:40 Global Atomic & Goviex Uranium
40:12 Other uranium companies that Rick has in the portfolio
41:12 Next Lundins, Friedlands…..
43:02 Investment in Lifezone Metals
44:29 Commodities on Rick’s radar
45:54 Upcoming events from Rick
50:36 Rank your portfolio
I love these rapid fire interviews where so many stocks get covered in one interview!!
Sometimes when people camp out on just 1-3 stocks in an interview, when you know they have a much larger stable of companies, it just feels like so many companies never got addressed.
People can always do their own due diligence deep dives after the interview, but I’m always curious to know the overall portfolio of companies that a guest has in their stable and this was one of the first times (other than on BNN Market Call shows where they rifle through a lot of companies) that I’ve heard Rick opine on so many companies in one interview. Love it!
Yeah it was a nice rapid fire bang bang ….unfortunately I was hyped to hear his opinion on a few of the copper jrs but those he had no take on as he didn’t know them well enough. I’d rather they planned ahead and picked copper jrs he did have a take on.
Yeah, good point. I do like the rifling through a lot of stocks though, and do prefer when people just say they don’t have an opinion on a given stock. I could see the value in him sharing his own copper picks though.
We have proposed to Rick to do a similar format though, where we do a live call and have audience members submit picks for Rick to opine on, but also debated just having a list premade of stocks where he would have an opinion on them.
Stay tuned for that down the road…
👍👍👍
Thanks!
Here’s a more general discussion by Rick Rule.
https://www.youtube.com/watch?v=PICi8eQxNyY
Rick Rule:
He has some good choices … but he also may have a lot of funds. Unless you can buy a bunch of shares of each, in order to make gains in an attempt to catch up with Rick Rule’s portfolio, you have to take a little more risk in Stocks not part of managed money derivative products, such as Index Funds and ETFs. He is not as helpful as some would like.
I think he said he was selling puts on one or two gold stocks, which is not a bad idea.
Gold stocks seem appropriate with physical being at an all time high. I have seen in a bunch of my “worthless stocks” (so I have been told), a build up in short positions. Now there are a myriad of reasons why managed money would be short … so caution is still warranted as the US system is still over-extended and the geo-political world is beyond irrational. Always remember We are dealing with criminals.
Silver above $27 now on futures contract. It’s breaking out!
Powell is speaking live now on Bloomberg.com… a little on the dovish side.
Bought more SCZ today.
+1
With Silver finally starting to move (breaking out above $26.50 resistance up to $27), then some of these beat up silver stocks will finally start to get moving.
Personally I’d like to see SCZ bust through $0.325 resistance from those most recent peaks, and then have a go at that $0.355, lateral price support from the prior key peak before that. Then a projected move up into the $0.50’s again would be more probable.
https://cdn-ceo-ca.s3.amazonaws.com/1j0qupr-Santacruz%20Silver%20daily%20chart.JPG
Lots of silver stocks are ripping higher today, (many up double-digits or high single-digits).
This is the kind of action we want to see with Silver outperforming Gold, and the silver stocks raging higher in a catchup move.
Still early stages for those of us that see $30 silver being broken through this time
+30
I agree, this move will be powered by the apolitical fed (bs) needs around a 1% pre-election drop in the fed rate to get their boys in…
Ripper Madness!!!!!!!!!!!!!!!!! DT
+ 30 – Bring on the rip above $30 in Silver. That resistance has been a real thwart to lift off, and I agree that this time and this cycle, when $30 resistance finally breaks (it may take a few more attempts at knocking on heaven’s door) then I think the real animal spirits return to investing in this sector.
SCZ hasn’t put out news in 10 weeks and has done this…
… and is not overbought yet.
I don’t IPT but it is at least as impressive.
IPT is up 110% in 5 weeks, enough to erase 7 months of decline. Glad I kept buying as it made new lows…
https://stockcharts.com/h-sc/ui?s=IPT.V&p=W&yr=4&mn=3&dy=0&id=p92236143261&a=1473701106
Maybe Matthew will be right that the 1000 level on this POS is back on the table…
TSX.v
The higher it can go before volume returns, the better.
https://stockcharts.com/h-sc/ui?s=%24CDNX&p=W&yr=3&mn=9&dy=0&id=p60938139659&a=1563834527
Hard to keep up with so much going on in life in general and then so many companies with results out that I own all on the same day. Magna and Sendero took my attention away completely from Brixton releasing news as well. Different version of rapid fire Ex. Lol
Rapid Fire! I love it that the sector is finally starting to wake up.
Hey, where is our resident bear “Ole’ Joe” at lately. He’s been quiet as a church mouse with the metals breaking out and now the mining stocks starting to move. 😉
Monster rally in the making….
+Monster…
This intermediate move will last for many months but when it ends it will not be like 2016 or 2020. It won’t be years before the next leg higher. Bigger forces are in play that will eventually turn those peaks into floors.
From a very long term (and fractal) perspective this is the resumption of the bull market that began over 20 years ago so we should expect it to be much more volatile and rewarding. Big gains will come quicker and selloffs will be over quicker.
Any pull back I believe will be a minimal 38.2%
or less when it occurs. A buying opportunity.
https://tinyurl.com/bddmb9wj
I agree on the Bigger forces…..and the floor…..
Brixton Metals Reports Best Copper-Gold-Silver Results To Date From The Hog Heaven Project
https://brixtonmetals.com/brixton-metals-reports-best-copper-gold-silver-results-to-date-from-the-hog-heaven-project/
I bought more yesterday at .095 and more today at .10 and .105
Best results from Hog Heaven so far but aren’t they kind of average/mediocre compared to other discoveries elsewhere?
I don’t know what the average is but there’s a lot more to economic viability than grade alone (as you know). With that said, it’s worth reading the operator’s comments/press release because they are chasing big potential like Brixton is at Thorn.
https://ivanhoeelectric.com/news/ivanhoe-electric-reports-best-copper-gold-silver-intersection-to-date-at-its-hog-heaven-project-in-montana/
Check out page 17 of Brixton’s presentation for grades drilled globally last year.
https://brixtonmetals.com/wp-content/uploads/2024/02/BBB-MARCH-2024.pdf
Speaking of Thorn. What’s up with it these days??? Are they drilling or have assays at labs these days??? I’ve totally lost track and can’t seem to find any recent news regarding it
Wolfster, this 7 minute interview is worthwhile. Plans for Thorn this year are discussed at the 3:25 mark but I’d like some info on the Trapper project especially now with gold on the move.
https://www.youtube.com/watch?v=48W24BqATyk
Monstrous land package fully owned, so multi generational as they said.
Love Bolivia for Silver stocks 3 of mine are in Bolivia, I have one producer Santacruz, (V.SCZ) one developer Eloro Resources (T. ELO) and one junior exploration play that I am most excited about, Cartier Silver (C.CFE). LOL! DT
I gave copper the all-clear 3 weeks ago and now it is ready to accelerate higher while many are still unconvinced and still waiting for a higher price.
Good stuff for Brixton…
https://stockcharts.com/h-sc/ui?s=%24COPPER&p=D&yr=1&mn=6&dy=0&id=p13305311590&a=1629899188
Copper made a 58 week high today.
https://stockcharts.com/h-sc/ui?s=%24COPPER&p=W&yr=8&mn=5&dy=0&id=p46270072589&a=551528662
FWIW:
I am getting to the top of my channel. No break out yet … but another opportunity. Let’s see if bots can do it. I am sure they need permission.
It won’t be until over the weekend that retail investors start sniffing out this bull move. My bottom fishing paying off. Silver Storm is one close to lows. DYDD
John Ciampaglia: Copper Emerging from Slumber, is it the Next Uranium?
Investing News Network – Apr 2, 2024
0:00 – Intro
0:26 – Is copper the next uranium?
3:41 – Sprott Copper Miners ETF
6:28 – Copper’s recent price move
8:53 – Copper supply tightening
12:18 – Roadblocks for new mines
16:42 – Key copper demand drivers
19:11 – 2024 copper price outlook
21:03 – Copper now waking up
22:56 – Outro
https://youtu.be/co7E3X8jsB4