Weekend Show – Rick Bensignor & Josef Schachter – Top Trading Strategies: Mag 7, Bonds, Gold, Energy Markets
Welcome to The KE Report Weekend Show! Another good week for markets and metals (especially god and silver) as both moved higher and ended on highs for the week. The two key areas that are moving down to key levels are the US Dollar and interest rates.
On this Weekend Show we focus on where the best opportunities are in a range of sectors and if the Dollar or rates will bounce. We also get a comprehensive energy market update.
- Segment 1 and 2 – Rick Bensignor, President of Bensignor Investment Strategies kicks off the show by sharing his trading strategy for magnificent 7 stocks, equal weight S&P, US Dollar, bonds, and gold. Whether you are a short or long term trader there are a lot of opportunities to make money in these volatile markets.
- Segment 3 and 4 – Josef Schachter, Editor of The Schachter Energy Report and Eye on Energy Report, wraps up the show by providing an in-depth analysis of the current oil and natural gas markets. He discusses the recent price movements, factors affecting demand, and his forecast for future trends. Additionally, Joseph highlights key investment opportunities in the energy sector, including promising energy stocks and recent M&A activities.
https://www.youtube.com/watch?v=mOB4WxC0NS0
Note Larry Pesavento NatGas Comments (6:30)
LP Gartley Image: https://ibb.co/dmpKJG8
Target 1.990 (Current 2.029). Soon?
https://www.fibonomics.com/2024/08/markets-nasdaq-qqq-turn.html
Markets : Nasdaq (QQQ) Turn?
Speculative!
Opportunities In Growth-Oriented Silver Producers – Part 4 – Impact Silver (IPT) (ISVLF)
Excelsior Prosperity w/ Shad Marquitz – 08/23/2024
https://excelsiorprosperity.substack.com/p/opportunities-in-growth-oriented-b09
(IPT) (ISVLF) Impact Silver – Recap Of Q2 Financials, Operations, And Exploration From The Zacualpan Silver-Gold District And The Plomosas Zinc-Lead-Silver Mine
Korelin Economics Report – August 21, 2024
Someone over at SilverChartist just shared this great table showing how few primary “silver” producers there really are in universe of silver stocks.
Impact scored up near the top of the list with over 90% exposure to silver.
Most of the silver companies are now far more heavily weighted to gold and base metals.
(SAND) (SSL) Sandstorm Gold: Our Favorite Gold Play For The Next Rate Cycle
PropNotes – Seeking Alpha – Aug. 22, 2024
https://seekingalpha.com/article/4716574-sandstorm-gold-our-favorite-gold-play-for-next-rate-cycle
Gold Hits All-Time Highs, but Miner Stocks Struggle to Keep Up
Mining Visuals – July 17, 2024
https://www.miningvisuals.com/post/gold-hits-all-time-highs-but-miner-stocks-struggle-to-keep-up
My concern (and it stems from the point in which JPMorgan took over Bear Stearns silver control) has been “intervention and paper price manipulation” of the PMs. Traditional rules such as who goes first in price movement of Majors, Producers etc. may be a self fulfilling prophesy similar to the Mag 7. Prior to computerization, it was more difficult to do hedge fund activities such as massive dumps of funds or “spoofing” because trading was by humans rather than high frequency machines, and there were regulations clearly defining Fuduciary Duties and Comingling Funds. Traders used real money and real trades. Naked shorting was difficult to do as Brokers were facilitating “trading stocks for real companies” as opposed to transferring wealth through corrupt mechanisms. In other words, brokerage activities departed the “providing a service for the business world” to taking the opposite side of the “market “ in order to syphon “a cut” of every trade to a 3rd party rather than earn a fee for a service that was transparent as their only interest.
Therefore, the “system” went from a market between buyers and sellers of “equities” for the purpose of a business function, to a system of government enabled theft by 3rd parties, whether private or government, to extract unearned wealth from a system that was intended to have facilitators no different than paying a fee to a civilian contractor who is paid a fee to remove garbage from your curb.
This all leads up to the point that I cannot be convinced that there is a higherarchy of timing in the mining sector of which type of miner should be invested in first anymore than I can believe that the Mag 7 should lead all the indexes. The original theory behind equities gaining value was their individual worth as they developed from nothing to something. Rather than valuing stocks on merit, today we find the-powers-that-be determine the input and output of all the data along with real or “fictitious” information and along with electronically controlling the interpretation leading to a predetermined outcome.
In other words they are picking winners and losers and just as important “determining the narrative” for rationalizing their insider activities to give the perception there is a reality associated with the system. The reality is that their message is to give them your money to pay for their risk taking or be subject to their fabricated system designed to place stocks in a position of the “slot machine”, getting 21 in Bkackhack or throwing snake eyes with dice.
So in “fair markets” it is possible that there is a hierarchy among miner performance but we will never know as long as there are manipulated paper markets and intervention in actual pricing. Of course, in order to return to some semblance of fair markets, it requires Regulation and take control of computers from the hands of private and public entities that have an interest in alternating outcomes … or minimize theft as a business model.
Excess speculation is what causes a crash and there is a lot of that in The Magnificent Seven. The economy has already cooled and The Wall Street economy has disconnected from the real economy. The Magnificent Seven have become a huge speculative bubble within The Wall Street economy. This fuels more speculation that just takes off and off. One day traders and the public will wake up and realize what I see that the Magnificent Seven have gone too far and the selling will start. As these markets dip and then rise and lurch down again investors become wary. Sooner or later a crash is coming as fear turns to panic and the brokers start selling the margin accounts. This time instead of $10 billion disappearing there will be $10 Trillion.
The Fed will not be able to save the day, people will want out that is human psychology. DT
‘The Revenge Of The Old Economy’
Jesse Felder – The Felder Report – (08/25/2024)
https://mailchi.mp/thefelderreport/revenge-of-the-old-economy
Nvidia has cheerfully recovered from its sub $100 share price to now at $129.37 in a few weeks that might not seem like a lot of money, but it is $750 billion when you consider they have 24.5 billion shares. DT
LOL! U.S. Debt Clock .Org. now past $35 Trillion and $256 Billion, and it only shows signs of increased spending from government largesse!
Can anyone say BANKRUPT……. all part of the PLAN…. and the SHEEPLE are CLUELESS.
I can say bankrupt and clot shot! Big Government and Big Pharma = Big Brother LOL! DT
I will bet most investors missed this one and guess what it is listed on The Canadian Securities Exchange. It went up 53% on Thursday and 80% on Friday and the news was they just completed their second drill hole. They are located in Nevada with a copper, silver, and gold property. That is whacko, they have a very small float and that helped boost the price, but the herd looks like it could be back, and we will probably start seeing more of this crazy market action now especially in the juniors. Giant Mining Corp. C-BFG. LOL! DT 😜
Silly Tax Selling Season is fast approaching. I am most interested in what your thoughts are. The feeling I am getting is that the effect on those Miners in the GDX might see a minor drop but the small caps might see Armageddon? Highest Regards to all!
When fed embarks on rate cutting cycle, Biotech will even outperform PM sector. Monthly charts are telegraphing its slowly awakening
https://stockcharts.com/h-sc/ui?s=XBI&p=M&b=5&g=0&id=p50256891707&a=1762322373&r=1724602359213&cmd=print
TG Watkins Moxie has also triggered a long term buy on XBI
What to think of Microsoft?
https://stockcharts.com/h-sc/ui?s=MSFT&p=D&b=5&g=0&id=p49739231174&a=1762327844&r=1724603042933&cmd=print
So Cory,
What is the code Josef gave you for the free ticket for his conference?
thanks
Uranium Sector Update – Should Contrarian Investors Take A Flyer Here?
Excelsior Prosperity w/ Shad Marquitz – (08/25/2024)
Key news out of Kazatomprom, charts on URNM, UEC, enCore Energy (EU), and Denison Mines (DNN) (DML)
https://excelsiorprosperity.substack.com/p/uranium-sector-update-should-contrarian
New York to Pay $155 Per Megawatt Hour for Wind, Current Rate is $36 Per MWH
Mish Talk – August 24, 2024
“New York to Pay $155 Per Megawatt Hour for Wind, Current Rate is $36 Per MWH.”
“It currently costs NY about $36 per MWH for energy. But the state demanded wind. Let’s discuss the amazing bottom line results…”
https://www.tradingview.com/x/dZI7P0iS/
NatGas Week: Head & Shoulders Top
Current – AB (1:1) CD = 2.424
AB (1:1.272) CD = 2.538
Chapman Wave (F).