Quick update on Silver and Uranium. Silver is looking slightly overbought, going to take some profits in $PSLV. Uranium is performing like a boss, and SPUT is almost trading at a premium to NAV which means that Sprott will be buying yellowcake off the market if that happens.
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DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
Steve Penny of SilverChartist comes on the show to talk our favorite commodities! We touch on the RothIRA advantages, and Precious Metals Price Manipulation. We talk about silver and copper vs the miners, and the increasing risks around mining in Mexico. Then we pull up the charts on the companies you submitted: Wheaton Precious Metals, First Majestic Silver, Pan American Silver, Newmont, Barrick, Agnico Eagle, Sibanye Stillwater.
Steve goes over the Platinum market, and its historic undervaluation to the Gold and Silver market. Then we take a deep dive into Uranium. We look at the commodity itself, and the charts on $URNM and Global Atomic. Steve closes out by giving us his exit strategy for Gold, Silver, Platinum and Uranium.
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Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
The BRICS have concluded their meeting, allowing 6 new countries to join on January 1st, 2024. We need a new anagram for these 11 nations. Please come up with something better than ICE AIRBUSES. Here is a word solver.
The Fed and ECB continue to jawbone in the way of hawkish tight policy and increasing rates. 20% of traders believe them, the other 80% do not. S&P 500 had a small bounce. Gold and Silver both up, gold +1.3% & silver +6.5% for the metal. The gold miners outperformed and the silver miners lagged. We look at platinum, nickel and the bond markets. Oil is consolidating, really hoping it gets cheaper and we can add to core positions.
We bring up the charts for companies you submitted. Copper is coming into an interesting buy point, especially $BHP and $RIO. Uranium has absolutely killed it the last several weeks as the spot price continues to steadily climb. We bring up the charts on $URNM, Global Atomic, GoviEx, Energy Fuels, Uranium Energy Corp, and Uranium Royalty Corp.
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Buffalo Rounds - Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
Gregory Mannarino - The Robinhood of Wall Street comes on the show to to lay the groundwork for the destruction of our currency by the Federal Reserve and other Central Banks. We talk about the BRICS Meeting taking place right now, and what Greg sees as the result of that meeting. Greg teaches us how we could end Central Banks. Does he see a meltdown in the markets? Chinese Real Estate market is collapsing, with Evergrande and Country Garden going down. We talk bonds and where the difference between the Big Banks and Credit Unions.
Greg sees Silver as a Buy. His favorite commodities in order are Silver, Gold, and then Platinum and Palladium as a tie for 3rd. He also likes oil a lot as we do. We end the show with a rant from Greg on the complete Clown Show that is commonly called, "The Federal Reserve."
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Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
The S&P 500 looks like it is going to have a short term bounce. Gold is falling with major support at $1840. Silver is looking fantastic, but if a gold continues to fall silver is probably going to follow. We pull up the charts of companies: SilverCrest, Mag Silver, and Pan American Silver. Platinum and Nickel are looking good.
Long term bonds are approaching 20 year lows. Now is the time to start adding them to your portfolio if you haven't done so already. Oil continues to perform. BHP and Rio Tinto came into buys this week. Uranium spot price has gone up, now $58.27 per pound with contracts in December at $60. We pull up Global Atomic, Goviex, F3 Uranium, Energy Fuels, Uranium Energy Corp, and Uranium Royalty Corp.
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Water Filter System I use for Perfect Water
Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
Rick Rule our commodities guru comes back on the show to answer your questions! We start off by getting a breakdown of the BRICS, and what Rick Rule expects for the August 22nd meeting. He teaches us portfolio allocation, and what happened recently with SilverCrest. We talk about Aya and Mag, as well as an update on Platinum.
Rick takes a deep dive into Niger Uranium, and the implications for Goviex and Global Atomic. We discuss our comatose Russian stocks, and if they will ever be revived or are destined to shed their mortal coil. Rick teaches us oil, and the likely continued success of investing in that sector. Pan American Silver mining production would almost double if Escobal is restarted. Rick tells us what will happen to our junior mining stocks during a recession. We end the episode with portfolio review lightning round!
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Water Filter System I use for Perfect Water
Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
David Morgan the Silver Guru! Author of The Morgan Report and "The Silver Manifesto" comes on the show to teach us the fundamentals of money. David gives his backstory, and teaches us about constitutional silver. We talk about $22 being the bottom in silver, and bring up the silver chart. He teaches us about tax implications when selling, and using precious metals for payment directly. We get his "Best Buy Miner" and his take on the BRICS and CBDCs. David will be at the Silver Symposium September 29 - October 1. He finishes by telling us how to recognize the right time to sell our silver.
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Water Filter System I use for Perfect Water
Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
The BRICS countries are meeting August 22-24 to discuss a new currency outside of the US dollar. Trade agreements right now settle in dollars, but after our big thinkers sanctioned Russia from using that currency, the BRICS are looking for an alternative. There are rumors that it could be "backed by gold." Can they pull it off? What happens if they do? What do you think will happen next week following the BRICS meeting? Let us know in the comments below, leave any links to support your thesis.
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Water Filter System I use for Perfect Water
Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
The S&P 500 is rolling over, bounced on the 50 moving average. Gold is down for the week, main support is at $1850 - $1840. Barrick Gold is in a buy zone. Silver premiums are at a nice low, 1 oz Buffalo rounds can be bought at $25, and that's 999.9 pure. Sprott Physical Silver Trust (PSLV) is at a nice buy point, and SILJ is coming into a nice double bottom. Platinum and nickel are getting cheap. Bonds got hammered, setting up a nice buy on TLT. Global Atomic and Goviex have rebounded following news out of Niger. Rio Tinto and BHP are coming into buy zones. Oil continues to perform, collect your dividends.
Connect with us!
Water Filter System I use for Perfect Water
Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
We found a deal this morning and wanted to get a quick episode out for you to take advantage of it. Silver is getting pretty oversold and cheap right now. Nothing to say it won't get cheaper, but sometimes things are cheap enough.
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Water Filter System I use for Perfect Water
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
Justin Huhn from the Uranium Insider comes back on the show to talk about the coup in Niger and updates on Global Atomic. We talk about military presence in the country, and possible increased nationalization of Niger uranium. Justin says the uranium market is in the 2nd to 3rd inning (if it were baseball). For our hive across the pond, that would be 25 minutes into a 90 minute "football" game. Justin tells us the principle risks of this bet; he takes a deep dive into the spot market, long term contracts, and market reference.
We go over uranium mining in the USA, Canada, and Australia. We talk Centrus and any vulnerabilities it may have with Russia. Justin puts our minds at ease with the extremely likely scenario that this bet plays out. We finish the interview with Justin's exit strategy and price targets.
Connect with us!
Water Filter System I use for Perfect Water
Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
The S&P 500 has rolled over, it might even hit the 50 SMA. Another way to play that could be to bet the RSP Equal Weight Index, leaving us less exposed to the tech sector. Gold hitting on nice support, we can leverage that with Barrick and the ETFs. Silver dropped to nice support last week. SilverCrest came out with an updated Independent Technical Report. Turns out they have less metal in the ground than they thought they did. Read the report here and let us know what you think
Platinum is approaching a buy, and if you caught it TLT got pretty cheap for a hot minute. Fitch downgraded US Debt from AAA to AA+. Japan is selling bonds and treasuries like pancakes, both factors driving yields up. Oil continues to perform, collect your dividends and hold. Uranium spot is at $56.50 Goviex and Global Atomic have had first technical bounce.
GO TO THIS TWITTER ACCOUNT TO LEARN THE BACKSTORY OF NIGER AND GLOBAL ATOMIC
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Water Filter System I use for Perfect Water
Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.
Thank you for participating and submitting your companies. Here we bring up the charts on your stocks. We talk uranium, platinum, palladium, gold, and a REIT. Companies discussed are Goviex, Global Atomic (recent coup in Niger poses some interesting risk), Uranium Energy Corp, Denison Mines, Energy Fuels, Azincourt Energy, Baseload Energy, Platinum Group Metals, Sibanye Stillwater, Trillion Energy, Radisson Mining, Greatland Gold, and Medical Properties Trust.
Connect with us!
Water Filter System I use for Perfect Water
Precious Metals Steve Style: https://www.stevebartonmoney.com/contact-2
Website: https://www.stevebartonmoney.com/
Email: stevebartonmoney@gmail.com
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinion. We recommend them because they are helpful and useful, not because we are looking for the small commission.