WHO says no more lockdowns

https://www.msn.com/en-us/health/medical/who-official-urges-world-leaders-to-stop-using-lockdowns-as-primary-virus-control-method/ar-BB19TBUo?ref=hvper.com

Robinhood Hacked

https://nypost.com/2020/10/09/robinhood-says-some-customer-accounts-may-have-become-target-of-hackers/

Mail-in ballot fraud

My wife has gotten two ballots from Idaho, where she hasn’t lived for a year. I haven’t gotten any, even though we had the same address until last September. Election is close and chaotic. 

Costco UK selling gold and silver

Costco in UK now selling gold and silver bars. What happens if they start doing this in the US? Could be a big deal for the PM market. 

Uber for evictions

https://www.vice.com/en_us/article/ep435n/gig-economy-company-launches-uber-but-for-evicting-people

Realtors specializing in private islands overwhelmed by rich fleeing covid

https://www.nytimes.com/2020/10/09/realestate/private-islands-coronavirus.html?searchResultPosition=1

This one ties into the story about rich people overwhelming the private island market:

https://nypost.com/2020/10/10/grab-and-run-shoplifters-terrorize-luxury-nyc-boutiques/

Direct download: John_Rubino_12.Oct.20.mp3
Category:general -- posted at: 8:00am EST

Stephen Stewart CEO of Mistango River Resources (www.Mistango.com Ticker CSE: MIS sponsor) recently gained control of the company through a protracted proxy fight. The stock was selling for just a penny, but it’s payoff potential is huge. It’s 4000 hectare site is adjacent to the highest grade gold mine in the world, Kirkland Lake. The company has raised C$7 million to embark upon an aggressive drill program with legendary investor Eric Sprott fully on board. Based upon all this, the company represents an incredible value potential. Pretty soon we’ll know if it’s another Kirkland Lake, with shareholders basking in oversized profits. And if it is another monster, well who knows? The team bringing all this to fruition is high quality all the way, headed up by VP of Exploration Dr. Keith Benn. With money in the bank, a highly seasoned team and a project with such excellent potential, all signs are headed up for Mistango River Resources.

Direct download: Stephen_Stewart_07.Oct.20.mp3
Category:general -- posted at: 11:41am EST

What’s happening with the stock market? The budget deal isn’t such a big deal. No one cares about anything. People have been conditioned to buy every dip. That’s why the cycles are so important and why they rule. It will continue until after the election. Huge meltdown after the election going into April. The algorhythms are not going to save us. Get ready to go long the VIX. 

Gold $2500 is still expected. In 2 weeks there’s a cycle low and then we’ll head up to $2500. The cycle has been up for 2 years and it will go higher if it gradually hits $2500. If silver closes above $25.50 for the December contract. 

Oil could go up another $3 and then it’s going down. Charles will research it and report back to us.

Natgas is headed down after going above $3. 

Deflation is going to happen. The European retirement system keeps buying bonds that yield nothing. Deflation is the norm. Most of the time gold goes up in a deflationary crisis. Eventually hyper-inflation will occur.

BTC cycle bottoming shortly. After some weakness it should go higher. It will break $12000.

USD is weak for the next 4-6 weeks. No dollar crash coming yet. 

 

Go to www.CharlesNenner.com for a free 4 week trial of his newsletter. We follow it religiously at FSN. 

Direct download: Charles_Nenner_07.Oct.20.mp3
Category:general -- posted at: 8:00am EST

Stimulus Is Out Of The Question - Eddie Ghabour

Speaker Pelosi panned stimulus for the airlines than anyone else. The airlines are going to see major layoffs. The bottom lines is that there are certain areas that need stimulus and any bill should be targeted, rather than bailing out states and municipalities. Beware of polls. From a market standpoint Eddie is cautious now and very bullish for next year. It could very well be a buying opportunity. Will the courts finally fulfill their responsibility and throw out the Covid restrictions. Florida is the test case.

Direct download: Eddie_Ghabour_08.Oct.20.mp3
Category:general -- posted at: 7:30am EST

Last time Chris was bearish on the stock market. Big money is moving into defensive stocks. We saw utlities blast off earlier in the year. Money could be rotating out of tech. Can’t buck the Tesla trend. Covid is good for Tesla. People don’t drive as much and don’t need long range. 

Gold and silver short term down trend. Lower highs and lower lows, trying to find a bottom. If we have stock market weakness or dollar strength, with a downside target of $1810 and silver could slip to $21. Long term bullish. Good time to get it. A bear market in equties could lead to a correction in the sector. Metals and miners will be the first to rally after the bottom. 

 

Dollar has been weak, yesterday dollar and bonds rallied. Dollar will probably hold its ground. Could have a bounce. Dollar and metals could move up together. Rest of the world keeps moving into equties, which will pump up the dollar. No matter how much stimulus comes, the dollar is the beneficiary.

Interest Rates bonds can’t go much higher. It’s been a 30 year rally. The trust and the returns just aren’t there. Not much interest. Bull can’t continue much. 

Any hope for the oil market. Decline of driving has slammed it. Lockdowns taking place, there’s no demand and way too much supply. Companies are losing money at these prices. Energy stocks have been underperforming. 

Direct download: Chris_Vermeulen_07.Oct.20.mp3
Category:general -- posted at: 8:01am EST

Danielle DiMartino Booth is a global thought leader on monetary policy, economics and finance. Among her varied career milestones, she’s been a full-time columnist for Bloomberg View, a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets.

Before starting Quill Intelligence in 2018, she spent nine years at the Federal Reserve Bank of Dallas. Danielle served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.

Direct download: Danielle_DiMartino_Booth_07.Oct.20.mp3
Category:general -- posted at: 8:00am EST

Dudley is the proprietor of CommonStockWarrants.com. Dudley spoke about the recent consolidation phase. It’s time to take advantage of the dull market. Are resource common stock warrants becoming a thing of the past or are we just seeing a lull in issuance right now? It’s always up to the company whether they want the warrants to trade publicly. Dudley mentioned a new one that was recently listed and it’s a 5 year duration and he thinks it’s a real opportunities. There’s still a number trading for pennies and show great potential. Find the company you like and before you buy the stock, check Dudley’s site to see if there are warrants traded. The database has been updated to make it easier to filter and identify. Dudley gives a few great recent examples. Dudley is starting a new service dealing with SPAC’s (Special Purpose Acquisition Companyies a/k/a Blank Check Companies). Many have warrants and they’re providing a great potential opportunities. There are literally tons of these coming out now. Is the election causing it? The amount of money is staggering. It goes into a trust account until the acquisition takes place. Richard Branson has a new SPAC. 

Direct download: Dudley_Baker_06.Oct.20.mp3
Category:general -- posted at: 8:00am EST

We sat down with Marshall Koval (CEO) and Scott Hicks ( VP - Corp Dev) of Luminex Resources (sponsor) to get updated on the company's latest developments. While the world has many issues and challenges ahead, Luminex is moving full steam ahead. Their joint ventures with BHP and Anglo American are progressing well, with new drill targets identified and preparations taking place. Shareholders have been waiting patiently knowing that there investment will pay off big time. Drill results at the Condor Project just came in and they point to an even more richer resource. Luminex is currently hitting it's stride and all shareholders will likely soon be grateful. 

www.LuminexResources.com

Stock Symbols - TSX.V: LR - OTCQX: LUMF

 

Direct download: Luminex_Resources_06.Oct.20.mp3
Category:general -- posted at: 3:30pm EST

We caught up with our good friend Dunagun Kaiser. When we last spoke, before the pandemic, he was urging people to prepare themselves. If you’re still not prepared, it’s time for a wake-up call. He’s not expecting a return of the so-called normal. This is our new reality and it could well get worse. The most important part of prepping, is to prep your mind. You need flexibility and the ability to adapt to ever changing circumstances. And always remember that happiness takes place between your ears. He’s thankful for the opportunity to reconnect with his family and community, all brought on by the pandemic. And perhaps that is the greatest lesson we can learn from the current situation. The most important things should never be neglected. 

Direct download: Dunagan_Keiser_05.Oct.20.mp3
Category:general -- posted at: 8:00am EST

Lockdown and apoclyptic fires in the Pacific Northwest. Downtown Seattle is a wasteland. The only people on the street are homeless. The last thing you want is a sick president in the tail end of the election season. Would have been nice to see it play out “normally.” Supreme Court nominee in flux? Even if Trump loses he’ll still be a highly consequential president, with three conservative appointees. If Biden wins and dems get the senate will they pack the court? Will they dump the fillibuster? October surprise yet to come or has it come and gone? Trump appears to have lost weight. Supposedly he’ll be discharged shortly. Fund managers start going into gold. Right now it's a trickle but it could turn into a flood of money chasing a relatively small market and then it's Katie bar the doors. Congressional Stimulus coming soon. Politically good to give out money to people, but not so much to Blue cities and states.

Direct download: John_Rubino_05.Oct.20.mp3
Category:general -- posted at: 12:59pm EST

Naresh Vissa gives us an insight Florida hospital Covid responses and how the media overhyped the pressure on hospitals. July was very similar to the usual peak month of January. No other state had the critical situation that New York suffered. As is known, 50 percent of all deaths have occurred in nursing homes. From Day 1 Covid has become a political issue. There hasn’t been a separation of medicine state. 

Direct download: Naresh_Vissa_30.Sep.20.mp3
Category:general -- posted at: 12:00pm EST

Stock markets were up again: Dow down 2.3%, S&P 500 down 3.9% Nasdaq finished down s down 5.1%, but TSX.V down 5.9% percent. VIX at a still above average at 26.40. Dollar was up 1.8% and Euro lost 1.8%.  10 Year yield down 4.2%. Bitcoin lost 8.6% during the month. Gold was near down 4% to 1886. Silver 17.4% to 23.25. Even PT was down 4.3%. PD ended up 3.4% for the month. Copper down .9% to $3.00. WTI seesawed down 5.6%. Brent down 9.2%. Natgas lost 3.8% to 2.53 per mm. Uranium was down to 30. 

Ratios: Au/Ag 78.2 - Pt/Au .49 - Pt/Pd .40 - BRT/WTI 1.02 WT/HH 15.9 and AU/WTI 45.2. 

Direct download: Mickey_Fulp_01.Oct.20.mp3
Category:general -- posted at: 8:00am EST

When was the last time you saw your weekly grocery bill go down? The price of gold is the ultimate price indicator. Short-term gold price fluctuations aren’t meaningful. Newly printed money takes time to filter into the economy. The needs of life, insurance, medical, college, etc., are all going up. The exodus from the cities is deflationary but certainly not positive. And it's leading to higher housing costs in the suburbs and exurbs. While auto sales have gone up, new cars have headed south, but used cars sales are up. We talk about many other economic issues that are often neglected by the financial press and the news media. They're extremely important to our personal well-being and our families. 

Direct download: Lobo_Tiggre_30.Sep.20.mp3
Category:general -- posted at: 8:01am EST

Retired Anesthesiologist, Dr. Ted Noel joined us for a look at the current state of Covid 19. He confirmed much of what we've been discussing for the past 6 months. The pandemic is actually over or very close to being over. Masks are ineffective and he gives an actual demo on why they don't work. And so much more. The worst disease in the world and perhaps the most treatable is poverty. And our reaction to Covid has increased world poverty and all the ills that follow it. 

Direct download: Dr_Ted_Noel_30.Sep.20.mp3
Category:general -- posted at: 8:00am EST



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