A2A with Brent Cook of Exploration Insights

81

With the mining shares already up 10% YTD and seemingly poised for a breakout, what a great time to pick the brain of the always-insightful Brent Cook of Exploration Insights.

First of all, here's a chart of the HUI index showing the pending breakout of the shares, in general:

Brent was extraordinarily generous with his time and expertise today so it would be impossible for me to list all of the specific companies and shares that we discussed. Instead, you're just going to have to listen to the entire program. And you won't be disappointed! You might actually learn a thing or two along the way!

Thanks again to Brent for all his efforts and we strongly encourage everyone with an interest in the sector to check out Brent's newsletter at https://www.explorationinsights.com

TF

  81 Comments

Thor
Aug 24, 2017 - 3:10pm

First?

And thanks for the link to the Nomi Prins interview.

canary
Aug 24, 2017 - 3:17pm

I doubt, Draghi and Yellen will say much tomorrow...

And why would they?

Yellen has to be careful about the coming turmoil in Washington (debt ceiling, tax reform,...)

Draghi doesn't want a stronger Euro hurting it's economy.

AGXIIK
Aug 24, 2017 - 4:18pm

On a lighter note

While listening to the podcast, it came to my attention that Maine's Bah Hahberians and the Hampton toffeenose set, in the throes of the tourist summer season, are so strapped for workers, they're trying to hire Americans.

Oh, the Horror; the Humanity.

StevenBHorse
Aug 24, 2017 - 4:28pm

Ask the right question

And get a great response.

Thanks for having Brent on Turd. I wish I could have listened live.

joeblack
Aug 24, 2017 - 4:50pm
Ronnie 666
Aug 24, 2017 - 5:29pm

Nomi Prins

An interesting talk but she completely ignored the geopolitical view of Russia and China. The discussion was Western / US centric and payed no attention to the East and how this game of musical chairs can be destroyed very easily by a big Eastern player. Also this CB game is generating $1-1.5 T in debt in the US alone then add a $T in Europe and 1/2T in Japan and a $T in China and we have at least $4-5T a year in new debt. What can go wrong ? She never discussed that aspect? Today's Trillion is yesterday's Billion. Isn't that is why we are all on Turds site ?

Aug 24, 2017 - 5:39pm

OI and price observations

This has been such a BS, dull week with the USDJPY just moving back and forth. To that end, check this:

Mon 8/21 CDG up $5.10

Tue 8/22 CDG down $5.70 OI down 5,400

Wed 8/23 CDS up $3.70 OI back up 5,800

Thu 8/24 CDS down $2.70

NET change: +$0.40

NET OI change Mon-Wed: -448 contracts

Ridiculous.

And in CDS:

+1¢ then down 3¢ then up 6¢ before today's -8¢ for a NET of -4¢. The Banks just simply trying to run out the clock on Sep17.

However, we noted yesterday that CDS was firm and actually closed above the 200-day for the first time in the 10-day capping stretch. And what happened in OI? After being flat to slightly down all week, it suddenly surged by 4,900 as The Banks moved to halt the advance and protect against option expiry losses.

What a freaking scam.

abundance
Aug 24, 2017 - 5:39pm

Joseph Farrell on gold 8/24

NEWS AND VIEWS FROM THE NEFARIUM
Aug 24, 2017 - 5:44pm

Harvey update

Latest GFS model has Harvey coming in at 948 mb, which is a high Cat3 with winds near 130 mph.

Aug 24, 2017 - 5:45pm
Key Economic Events Week of 1/13

1/14 8:30 ET CPI
1/14 9:00 ET Goon Williams
1/15 8:30 ET PPI and Empire Fed
1/16 8:30 ET Retail Sales and Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 Et Cap Ute and Ind Prod

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Key Economic Events Week of 1/13

1/14 8:30 ET CPI
1/14 9:00 ET Goon Williams
1/15 8:30 ET PPI and Empire Fed
1/16 8:30 ET Retail Sales and Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 Et Cap Ute and Ind Prod

Key Economic Events Week of 1/6

1/7 8:30 ET US trade deficit
1/7 10:00 ET ISM Services PMI
1/7 10:00 ET Factory Orders
1/8 8:15 ET ADP employment
1/9 8:00 ET Goon Chlamydia speech
1/9 1:20 ET Goon Evans 2:00 ET Goon Bullard
1/10 8:30 ET BLSBS
1/10 10:00 ET Wholesale Inventories

Key Economic Events Week of 12/16

12/16 8:30 ET Empire State Manu Idx
12/16 9:45 ET Markit flash PMIs Dec
12/17 8:30 ET Housing Starts and Bldg Perms
12/17 9:15 ET Cap Ute and Ind Prod
12/19 8:30 ET Philly Fed
12/20 8:30 ET Final guess Q3 GDP
12/20 10:00 ET Pers Inc and Spending
12/20 10:00 ET Core Inflation

Key Economic Events Week of 12/9

12/10 8:30 ET Productivity and Unit Labor Costs
12/11 8:30 ET CPI
12/11 2:00 pm ET FOMC fedlines
12/11 2:30 pm ET CGP presser
12/12 8:30 ET PPI
12/13 8:30 ET Retail Sales
12/13 10:00 ET Business Inventories
12/13 11:00 ET Goon Williams speech

Key Economic Events Week of 12/2

12/2 9:45 ET Markit Manu PMI
12/2 10:00 ET ISM Manu PMI
12/2 10:00 ET Construction Spending
12/4 9:45 ET Markit Services PMI
12/4 10:00 ET ISM Services PMI
12/5 8:30 ET Trade Deficit
12/5 10:00 ET Factory Orders
12/6 8:30 ET BLSBS
12/6 10:00 ET Wholesale Inventories

Key Economic Events Week of 11/25

11/25 8:30 ET Chicago Fed Nat'l Idx
11/25 7:00 pm ET CGP speech
11/26 8:30 ET Advance Trade
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET New home sales
11/26 10:00 ET Consumer Confidence
11/27 8:30 ET Q3 GDP 2nd guess
11/27 8:30 ET Durable Goods
11/27 9:45 ET Chicago PMI
11/27 10:00 ET Pers Inc & Cons Spndg
11/27 10:00 ET Core inflation
11/27 2:00 pm ET Beige Book

Key Economic Events Week of 11/18

11/19 8:30 ET Housing Starts & Bldg Perms
11/20 2:00 ET October FOMC minutes
11/21 8:30 ET Philly Fed
11/21 10:00 ET Existing Home Sales
11/22 9:45 ET Markit November Flash PMIs

Key Economic Events Week of 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
11/15 8:30 ET Retail Sales
11/15 8:30 ET Empire State Manu Index
11/15 9:15 ET Cap Ute and Ind Prod
11/15 10:00 ET Business Inventories

Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 9:45 ET Markit Services PMI
11/5 10:00 ET ISM Services PMI
11/6 8:30 ET Productivity & Labor Costs
11/6 Speeches by Goons Williams, Harker and Evans
11/8 10:00 ET Consumer Sentiment
11/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
10/30 2:00 ET FOMC fedlines
10/30 2:30 ET CGP presser
10/31 8:30 ET Personal Income & Spending
10/31 8:30 ET Core Inflation
10/31 9:45 ET Chicago PMI
11/1 8:30 ET BLSBS
11/1 9:45 ET Markit Manu PMI
1/1 10:00 ET ISM Manu PMI

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