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Weekend Show – Marc Chandler & Joe Mazumdar – Global Market Commentary; Resource Equity M&A And Specific Company Investment Ideas

Cory
May 4, 2024

 

Welcome to The KE Report Weekend Show! After a week where we had a Fed meeting, jobs data and big tech earnings the markets didn’t do much. So we take the approach in the first two segments on looking globally and at economic data to understand the key trends. Then we switch to resource stocks recapping M&A, financings and specific company opportunities.

 

  • Segment 1 and 2 – Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of Marc to Market joins me to recap the Fed meeting, jobs data, inflation trends, and global factors out of Japan and China. We also tie in the China trends with copper.
  • Click here to visit the Marc to Market website.
  • Segment 3 and 4 – Joe Mazumdar, Editor of Exploration Insights wraps up the show discussing recent M&A deal and the financing environment for metals stocks. I ask about the investment angle on small royalty companies, silver producers who may be turning profitable and opportunities in Argentina.
  • Click here to learn more about Resource Insights. If you invest in metals stocks it is a very valuable resource.

 

 


Marc Chandler
Joe Mazumdar
Discussion
17 Comments
    May 04, 2024 04:17 AM

    Where is Jayant these days? Let’s hear from him again.

      May 04, 2024 04:38 PM

      I wonder if he is still in Maritime Resources. DT

    BDC
    May 04, 2024 04:26 PM

    https://tinyurl.com/bdxrbh2n
    NatGas Week : Sideways
    UNG Trading Range
    Short Soon?

    BDC
    May 04, 2024 04:30 PM

    https://tinyurl.com/2xe25mj5
    Gold Week: New Format
    Trading View

    May 05, 2024 05:32 AM

    Little free time on a Sunday morning to flog the few stocks I own. 😎
    Have to love how the magna story is slowly but surely coming to fruition while on the technical side it’s looking like a beauty. Breakthrough .88 next.
    The risk/reward ratio on emerita is unreal. It’s trading below value for the IBW property alone and there’s still the pending trial with AZN property on the line.
    Never thought I’d be back in a zinc play but guess Impact is quite hinged to it now along with silver. I’m sure Matthew will be pointing out how nicely it held support around .26 and both zinc and silver are trending in the right direction.

    I do have a couple that are frustrating me. Kootenay certainly didn’t hold up as well impact did but I still hold it for the silver climb over $30. Brixton metals had a nice little pop after really bottoming out but has been dead for a few weeks. Hopefully it starts to participate with copper doing what it is

    On all fronts the metals are looking good but I’m really liking silver and even copper still despite its huge move. Looking forward to the next legs up

    As always appreciate all the contributors here and still keep reading everyone’s input positive or negative. Must admit I’ve had to be selective with what I listen to. Cheers

    May 05, 2024 05:22 AM

    I am a permabear at this point and time in this market and I still stay engaged because I believe that being well diversified and out of debt will keep me in an enviable position no matter what.

    Two things I will acknowledge is that most investors don’t like the responsibility of spreading alarm by making dire predictions especially the bankers and stockholders holding unsold securities and who want to dispose of them. Prophecy is one of the most hazardous occupations on the face of the earth.

    The permabears are becoming more vocal in warning anyone that will listen to them that we are headed for a decline like 1929. DT

      BDC
      May 05, 2024 05:34 PM

      Again, the movie “Forbidden Planet” and the Krell lesson.
      Too much permabear does not make for a bull.

        May 06, 2024 06:59 AM

        Hi BDC, I think if you want to engage someone in conversation you can’t explain yourself in such a few words because frankly your reply means nothing. ???????????????? DT

    May 05, 2024 05:38 PM

    I’ve just started a new series over at my Substack channel on M&A deals in the sector. This will be a multi-part (Part 1A, Part 1B, and Part 1C) going over the last few years merger and acquisition transactions for key takeaways. Then in Parts 2 and beyond, I’ll share which companies seem to have the right factors to be some of the next crop of M&A candidates.

    ___________________________________________________________________________________________

    Merger and Acquisition Opportunities In The Metals Resource Stocks – Part 1A

    Excelsior Prosperity w/ Shad Marquitz – 05/05/2024

    https://excelsiorprosperity.substack.com/p/merger-and-acquisition-opportunities

      BDC
      May 06, 2024 06:04 AM

      Ex – One problem in back-testing: chart data for companies no longer in existence!

        May 06, 2024 06:48 AM

        Yes, good point on the technical backtesting on charts. The focus on this series will be much more about the fundamental factors that stack up to these companies being acquired in the first place, which kinds of projects get acquired, and the strategy behind the acquiring companies. This will lead into a discussion as to which companies have those same attributes and could be acquired next as this metals cycle continues to unfold.

    May 06, 2024 06:10 AM

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    May 06, 2024 06:12 AM

    Chen Lin explained that The Chinese had holidays last week and that gold buying would start to push higher this week. So far that is what we are seeing.

    The Price of Gold is no longer tied to The American market The Chinese have control now.

    Most of the buying in Asia and China in particular is from fear, they have gone through a real estate market that has crashed where do you put your money. Well Duh!

    In The West the real estate bubble in the commercial market is crashing as we speak. The residential market here is teetering at the edge of a precipice, it will crash here and yes interest rates are headed higher. The people here are clueless about what is happening, the public is scared but they think it can’t possibly get any worse. Well Duh!

    At some point like we see at Costco many more people will wake up to the opportunity in gold and silver but for most it will be too little too late. DT