Weekend Show – Rick Bensignor & Brian Leni – Investing Strategies For The Falling US Markets, PDAC Recap and A Focus On Development & Exploration PM Equities
Welcome to The KE Report Weekend Show!
On this weekend’s show we focus on the continued decline in US markets and recap the recent PDAC conference looking for opportunities in metals stocks.
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- Segment 1 & 2 – Rick Bensignor, President of Bensignor Investment Strategies kicks off the show by providing a detailed analysis of the current market trends. Rick predicts potential lower targets for the S&P 500 and explains how positioning and market psychology play significant roles. He also discusses the recent performance of the US dollar, international markets, gold, and gold equities. Additionally, the conversation touches on the influence of political events and comments on the future of cryptocurrencies.
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- Segment 3 & 4 – Brian Leni, Editor of the Junior Stock Review, wraps up the show with a recap of the metals conferences MIF and PDAC) in Toronto over the last week and a half. We discuss what metals were the focus at the conferences (all about gold) and the types of metals stocks he is focusing on. These include select prospect generators and development plays.
- Click here to visit the Junior Stock Review website to keep up to date on what Brian is investing in.
The gold miners and the stock market both behaved very favorably for the gold sector this week. Don’t be surprised if our miners benefit immediately from the developments.
HUI vs SPX weekly:
https://stockcharts.com/h-sc/ui?s=%24HUI%3A%24SPX&p=W&yr=5&mn=2&dy=0&id=p15293660329&a=1749701457
Eric Sprott was interviewed at PDAC in Toronto a few days ago and he implied that because there are seven ounces of silver produced for every ounce of gold that silver should be priced accordingly. That would currently give us a silver price of over $400. I would be happy to see $50, but it always seems that silver is about to break out of the doldrums but I’m waiting and have been for a long time……………………………! DT
The old time ratio was 15:1 and is more realistic. BDC
I like Sprott but have never agreed with the logic that the natural ratio should affect the price ratio. But either way the case for radically higher silver is easy to make.
When the Hunts cornered the silver market in 1980 it took just 17 oz of silver to buy an oz of gold. Since then on average it has taken 53 oz of silver to buy an oz of gold. If silver gets to 3% the price of gold I’ll start selling silver and moving to gold. And when the DJIA falls below the price of an oz of gold, as it did in 1980 and 1933, I’ll move back to the DJIA.
Yes DT..I’d also be happy at $50 usd.. Liduidate.. a bit.. cheers
The dollar is oversold but in bad shape. Don’t expect a lasting low anytime soon.
https://stockcharts.com/h-sc/ui?s=%24USD&p=D&yr=1&mn=6&dy=0&id=p05186855010&a=1163815784
Thank you, Matthew, for charts. All the best to you. May be, some time, you would update your opinion regarding IPT. Alex.
Hi Alex, IPT has had a brutal pullback since last April like many juniors but I think it bottomed this week, not only in dollars but in other assets like stocks and larger miners. Since last year’s low it is still up 40% but relative to many other assets it made new lows. I have a more positive opinion of it now than I did at the major lows of 2008, 2016 and 2018 so I have recently added to my already large position.
This week it finished about 15% off its low:
https://stockcharts.com/h-sc/ui?s=IPT.V&p=W&yr=5&mn=9&dy=0&id=p57237895570&a=1655319765
Matthew, your opinion greatly appreciated. Thank you very much for responding. Alex.
Alex, you’re very welcome.
You can look at graphs and decide that this is a good time to buy IPT but there are better silver stocks to own in my opinion.
However, Matthew is alot more knowlegable on this topic.
There has never been a more propitious time than now for the successful launch of a Gold Monetary System. Fractional Reserve Gold solves the age old problem of capacity, where in the past it was surmised that there is not enough Gold extant to represent the transactions of a healthy economy.
https://www.fibonomics.com/2025/03/american-dollar-gold-backing.html
As Rick Bensignor essentially points out, Gold is fairly priced at its current level of about $3000. Silver priced at the old ratio of 15:1 could be fairly priced at $200. With Gold based Money, this level would be a natural! BDC
©Fractional Reserve Gold
Copper looks great and will probably turn in nominal monthly and quarterly record closes in 3 weeks. A nickel higher from here would do it.
https://stockcharts.com/h-sc/ui?s=%24COPPER&p=W&yr=3&mn=7&dy=22&id=p30874859444&a=1561065654
Priced in gold copper is a different story. It is not far from its all-time low and would have to be over $18 to match its 2006 high. However, it looks like Copper:Gold is coming off an important bottom and should rise for months to come.
https://stockcharts.com/h-sc/ui?s=%24COPPER%3A%24GOLD&p=W&yr=5&mn=1&dy=0&id=p46272026549&a=1925326104
TLT:SPY has had many weekly “buy” setups like the current one that didn’t amount to anything but this one coincides with a monthly setup that could deliver years of upside.
https://stockcharts.com/h-sc/ui?s=TLT%3ASPY&p=W&yr=3&mn=11&dy=0&id=p02631801240&a=976582407
Heliostar (HSTR) spun out its 4th quarter 2024 financials about 8 days ago they have made the transition from developer to a gold producer, what that means is they have paid down their debt and now they have cash in the bank (approx-8 million CDN) and they don’t need to go to the market. I expect to see them over a dollar next week they closed yesterday at 94 cents. DT (as always DYODD)
Lots of bargoons out there and we are starting to see money flow back into our market segment, which is really small, so it won’t take much to move the needle. DT
With Trump the great disruptor and Musk by his side cleaning out government jobs, it is not the loss of jobs that bothers most people but the fact that artificial intelligence is replacing humans. Most people can’t comprehend a world where they must create their own work or be replaced. DT