Weekend Show – Joe Mazumdar & Dan Steffens – High-Margin Miners & Undervalued Energy: Where Smart Money Is Moving in Gold, Oil and Nat Gas
Welcome to the KE Report Weekend Show!
On this weekend’s show, we take a step back from the daily market noise to focus on the broader trends in the gold and energy sectors. We explore how investors are positioning across the commodity equity spectrum, from large-cap producers to junior explorers, and highlight key developments on the production side that could influence both prices and sentiment moving forward.
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- Segment 1 & 2 – Joe Mazumdar, Editor of Exploration Insights, returns to break down his comprehensive analysis of North American-listed gold producers, highlighting how companies like Agnico Eagle, Kinross, Alamos, Lundin Gold, and Dundee Precious Metals stand out due to high margins, strong balance sheets, and consistent operational execution. He also discusses shifting investor preferences between growth, dividends, and jurisdictional risk, along with the growing competition from royalty companies and implications from recent M&A activity.
- Segment 3 & 4 – Dan Steffens, President of the Energy Prospectus Group, returns to share his outlook on oil and natural gas prices, citing geopolitical risks, seasonality, and LNG-driven demand as key factors shaping the market. He explains why U.S. oil production may have peaked, lays out his bullish thesis on natural gas amid rising AI-driven electricity demand, and highlights specific small-cap energy stocks like Hemisphere Energy, Rubellite Energy, and Range Resources that offer strong free cash flow and dividend potential in a low-price environment.
https://www.tradingview.com/x/3GS8sL7j/
DOLLAR : Inverse Head & Shoulders?
https://www.tradingview.com/x/s5QXPc9I/
SILVER : Gartley Nearly Annulled
https://www.tradingview.com/x/QZ2KhzLP/
GDX : Breakout & Pull Back
https://www.tradingview.com/x/DttjsRHu/
Update: “Below: 2022 Low (21.52)”
https://www.tradingview.com/x/xhOnITkX/
NatGas : Shooting Star Top : Turning!
https://www.fibonomics.com/2025/04/trading-natgas-storage-report.html
Trading : Natural Gas Storage Report (Thursdays 10:30)
The TSX-V is breaking out of a 3 year base with its best weekly close in almost 3 years.
https://schrts.co/AmVRAImw
TSXV priced in commodities:
https://schrts.co/ERJqWeba
SILJ is preparing to beat GDX for awhile.
https://schrts.co/XgyQZMmJ
Thanks for this chart as I am thinking of buying USAS, AYASF, CDE, and EXK.
Melania Trump, my favorite 1st lady since Dolly Madison, is 55 today.
Bonzo, I own 3 of the 4 and will be adding to them over time.
Doc, I also own 3 of the 4. USAS is the one I don’t own, but for silver I also own HL, CEF, PSLV, DVS, AG, KUYAF, PAAS, ASM, FNLPF, and WPM. So I am on board the silver express and will ride all the way to the Emerald City. Do you own SITKF or WRLG yet? I bought SNWGF@ 24 cents but have not bought SITKF or WRLG yet.
MSFT priced in gold has obtained its first weekly death cross (50 wma crossed below the 200 wma) in 24 years. It is due for a bounce and maybe even a very impressive one but it would be unwise to think it’s a resumption of the bull market.
https://schrts.co/pbeKQryW
Commodities Remain Volatile – What’s New About That?
Excelsior Prosperity w/ Shad Marquitz (04-26-2025)
charts of: coal, oil, nat gas, lithium, nickel, uranium, copper, gold, silver
https://excelsiorprosperity.substack.com/p/commodities-remain-volatile-whats
All markets go up all markets go down all the time that is what makes them interesting and challenges the mind. Trying to figure out the twists and turns is a mugs game and a game for a few that can predict where they should put their money at any point in time and look like geniuses.
The stock market is one part of “The American Dream” a dream of fabulous riches that is all too easy. The gateway to fortune stands wide open. That stock, it’s going to the moon. The dream that the possibilities are endless. Everybody ought to be rich, it is an allure that makes the public think they can become another John J. Raskob if only they can master it and get it right. A dream that if you are not part of it, you will be missing the greatest opportunity of your life. It is also a “Ponzi” scheme that takes money from the unfortunate and gives it to others who are fortunate enough to be at the right place at the right time. It is a dangerous game, and one should never forget that, because fabulous riches can be attained seeming effortlessly, they can also be taken away just as fast. It is one thing to make a lot of money but keeping it is even a much harder proposition. Selling therefore is more important than buying. DT
https://www.tradingview.com/x/RBLwVqAL/
GOLD : Possible Head & Shoulders