Weekend Show - Dana Lyons & Marc Chandler - Metals Seasonality Vs Technicals, US Dollar Strength Vs Central Bank Diversification

Weekend Show - Dana Lyons & Marc Chandler - Metals Seasonality Vs Technicals, US Dollar Strength Vs Central Bank Diversification

This weekend's The KE Report Weekend Show provides a deep dive into the technical layout of the commodities sector and the shifting dynamics of the global currency markets. In two insightful segments, fund manager Dana Lyons shares his rigorous technical perspective on precious and red metals, while currency expert Marc Chandler breaks down recent dollar strength and the structural changes in global central bank reserves.    * Segment 1 & 2 - Dana Lyons, a fund manager and editor of the Lyons Share Pro, kicks off the show to discuss how seasonality, political cycles, and chart trends impact various financial markets. Dana provides a comprehensive technical analysis, sharing a bearish short-term outlook for precious metals and copper while explaining why his models remain structurally bullish on general equities despite a recent leadership rotation into health care, financials, and small-cap stocks.  * Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services - https://lyonssharepro.com/ [https://lyonssharepro.com/]   * Segment 3 & 4 - Marc Chandler, Managing Partner at Bannockburn Global Forex and editor of the Marc to Market website, joins the show to analyze global currency trends, specifically examining the fundamental drivers behind recent U.S. dollar strength. He also highlights the gradual shift in central bank reserves away from the dollar toward gold and alternative currencies like the Australian dollar, while discussing how recent political developments in Europe are impacting the market.  * Click here to visit Marc’s site - Marc To Market - https://www.marctomarket.com/ [https://www.marctomarket.com/]   If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast [https://rebrand.ly/KER-Podcast]), YouTube channel [https://www.youtube.com/@theKEReport], and follow us on X [https://x.com/TheKEReport] for more market commentary and company interviews. Don’t forget to subscribe and leave us a review!   For more market commentary & interview summaries, subscribe to our Substacks: * The KE Report: https://kereport.substack.com/ [https://kereport.substack.com/] * Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ [https://excelsiorprosperity.substack.com/]   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Magna Mining – Q2 Operations, Key Strategic Investment Brings in C$140M Expediting The Development of Both The Levack and Crean Hill Mines

Jason Jessup, CEO and Director of Magna Mining (TSX: NICU) (OTCQX: MGMNF), joins me for a review of Q2 operations at the McCreedy West Mine and the expedited development pathway for the Levack and Crean Hill mines located in Sudbury, Ontario. We also unpack the C$140 Million Strategic Investment by Alpayana, coming in as a new 19.9% stakeholder.     Q2 Operational Highlights: * As of June 26, 2026, McCreedy West had shipped 91,724 tons of ore from the 700 Copper Zone to Vale Base Metals’ Clarabelle mill in Sudbury, with four days remaining in the second quarter. This surpasses the 84,953 tons of ore produced in the fourth quarter of 2025 and represents a new quarterly record for McCreedy West under Magna ownership. * The average grade of the 66,445 tons of ore shipped during April and May is 3.55% copper equivalent (“CuEq”), based on the commodity prices assumed in the Company’s 2026 production and cost guidance. Final assays are pending for ore shipped in June but average grades for Q2 are anticipated to be near the upper end of the full year guidance range. * Underground development at McCreedy West during the quarter is anticipated to exceed 2,350 feet, also a record under Magna ownership. * McCreedy West has achieved a Total Reportable Injury Frequency Rate (“TRIFR”) of 0.0.   * Numerous pieces of well-maintained underground equipment have been acquired from a nearby Sudbury operation that is moving into a state of closure for a total price of less than $1 million, well below market rates for equivalent used or new equipment. This equipment will be repurposed for use at the Company’s Levack Mine and to support other Magna projects in the Sudbury Basin with potential savings expected to be in the range of $9-12 million.     On July 6, 2026, the Company announced a non-brokered private placement financing with Alpayana S.A.C. to purchase 62,222,222 common shares of the Company at a price of C$2.25 per Share for aggregate gross proceeds of approximately C$140,000,000. At closing of the Offering, Alpayana is expected to hold approximately 19.9% of the issued and outstanding shares of Magna.  Jason unpacked how the transaction came together, the shared values and business approaches between the 2 companies, and how this capital accelerates a dual-track development of both Levack and Crean Hill into commercial production by 2028.   The Company is planning to release a Preliminary Economic Assessment (“PEA”) for the Levack Mine in parallel with work to re-establish ore and waste hoisting capabilities during Q3.  At present those economics will not include the high-grade drilling completed to date at the R2 Footwall Zone. We reviewed the continued high-grade drill results across copper, nickel, platinum, palladium, gold, and silver in more recent assays returned from the ongoing exploration and development work at the Levack Mine. Jason highlights that a development drift is being implemented to support ongoing underground exploration of this area, for the potential of future implementation into development plans.   Next we review the ongoing workstreams for Crean Hill that will be feeding into the upcoming PFS later this year.  He notes that the significantly higher precious metals today compared to back in 2022 will be a factor that plays into the updated economics, and maps out that the ramp up into production could commence as early as H2 2027.   We wrap up discussing that the prior-producing Poldosky Mine and the development-stage Shakespeare Project are still both permitted assets of merit and will feed the development cue as mines number 4 and 5 further down the road.      Click here to follow along with the news at Magna Mining [https://magnamining.com/news/]   If you have questions for Jason regarding Magna Mining, then please email me at Shad@kereport.com [Shad@kereport.com].   * In full disclosure, Shad is a shareholder of Magna Mining at the time of this recording, and may choose to buy or sell shares at any time.         For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ [https://kereport.substack.com/] Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ [https://excelsiorprosperity.substack.com/]     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Joel Elconin - Valuations vs Momentum, Political Seasonality vs Economic Data

In this Daily Editorial, we chat with Joel Elconin, co-host of the Pre-Market Prep Show and founder of the Stock Trader Network, to dissect a shifting market landscape where classic tech leaders are taking a backseat to broader sector growth and what actually drives markets between valuations, momentum, seasonality, and economic data.  Key Discussion Points: * The Reality of Market Breadth: Discover why a widening market rarely signals a major top and what the rotation out of mega-cap tech means for the broader indices. * The AI CapEx Dilemma: Explore whether the massive infrastructure spend by hyper-scalers is finally hitting a wall of "too much compute" or if efficiency gains are just beginning. * Earnings and Valuation Disconnects: Examine the tension between strong fundamental earnings and growing street skepticism over future sustainability. * The Power of Momentum Over Macro: Learn why technical price action and underinvested market participants continue to override traditional economic warning signs.   Click here to visit Joel’s PreMarket Prep website - https://www.premarketprep.com/ [https://www.premarketprep.com/]   Click here to visit the Stock Trader Network - https://www.stocktradernetwork.com/ [https://www.stocktradernetwork.com/]   For more market commentary & interview summaries, subscribe to our Substacks:  * The KE Report: https://kereport.substack.com/ [https://kereport.substack.com/]  * Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ [https://excelsiorprosperity.substack.com/]   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Sean Brodrick – Investing Outlook on the Gold Sector, Oil Sector, and A.I. Datacenter Buildout

[Recorded July 7, 2026]  Sean Brodrick, Editor of Wealth Megatrends, Supercycle Investor, Resource Trader, and contributing analyst to Weiss Ratings Daily, joins us to discuss his investing outlook across multiple resource and energy sectors in the current macroeconomic environment. He shares how he is managing his portfolio as it relates to gold, gold stocks, oil, oil stocks, A.I. Stocks, and those infrastructure stocks adjacent to the massive A.I. datacenter buildouts.   The conversation kicks off around the precious metals sector, noting that the extreme selling pressure and downside momentum has stalled and that we did see a recent small bounce in gold and gold stocks off their lows since the middle of last week. * Sean acknowledged the bear market price action in gold and gold stocks since the tops in late January and February to present, and would like to see the PMs just quit going down and stop making lower lows. * We discussed the growing number of calls for entering a more a bullish period of seasonality, where the PM sector often bottoms in late July into early August. * Sean has been nibbling a little bit on quality PM producers into the overall sector correction, such as Aura Minerals (NASDAQ: AUGO), but ultimately wants to see more follow-through strength and a definitive break up out of the bearish downtrend, before getting more aggressive in adding to new positions. * He is constructive on the upcoming Q2 earnings, where producer margins were still very robust, even despite the higher energy inputs for the quarter. Now with oil prices down very close to levels before the war started, he’ll also be reviewing carefully the forward guidance from companies as it relates to projected costs for Q3.   Next we dove further into the WTI oil price movements into the $70s, and how that may play into current opportunities in the energy stocks, along with expectations around Fed policy. * Sean his hanging on to his energy stocks for now, especially if they have solid fundamentals at these current prices, and pay a good dividend. * He sees the markets as having become very tilted to overly hawkish expectations from Kevin Warsh’s comments on price stability in lieu of rising inflation concerns. * It’s possible that we may see 1 token rate hike from the Fed later in the year, but then it’s more likely to see neutral to dovish policies take back over, especially if energy prices stay in the $70s or low $80s and inflation moderates.   Sean weighs in on the narratives circulating about the potential overspend and over-commitment from big tech companies into the AI datacenter buildout.  * Sean already exited profitable positions in the semiconductor chips, and recently pulled a 2nd wave of profits in most of the companies he held in his portfolio exposed to the infrastructure buildout of AI data centers, like Sterling Infrastructure, Inc. (NasdaqGS: STRL). * He notes several large mega-cap tech companies like Meta and Google now renting out some of their A.I. capacity as sign of an overbuild in compute; and draws parallels to the overbuild of fiberoptic cable during the dotcom bubble of the late 1990s into the internet stock crash in 2000-2001. * The rise of China’s less costly and equally efficient A.I. platforms pose a threat to domestic tech companies and may temper any further advances. * He points to the dangerous trends of previously cashflowing tech companies pivoting from profitability to now taking on massive amounts of corporate debt to keep building more compute capacity. * Sean outlined that there needs to be a market rationalization for how much further compute capacity and infrastructure buildout is actually needed, and that this industry may be out over its skis at this point.   Click here to follow along with Sean’s work at Weiss Ratings Daily and Wealth Megatrends [https://weissratings.com/en/experts/sean-brodrick] . Click here to learn more about Resource Trader [https://weissratings.com/en/products/resource-trader]    For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ [https://kereport.substack.com/] Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ [https://excelsiorprosperity.substack.com/]     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

BP Silver – Phase 2 Drilling Has Begun At Select Targets – Soil Sampling Assays Pending – MAG Survey To Commence This Month

Tim Shearcroft, CEO and Co-Founder of BP Silver Corp. (TSX.V: BPAG) (OTCQB: BPSCF), joins me for an exploration update now that the 2,000-meter Phase 2 drill program has begun at the Cosuño Silver Project in Bolivia. This Phase 2 drilling forms part of a broader ~8,000 m diamond drilling campaign anticipated for 2026.   The Phase 2 drill program is designed to test the broader scale potential of the Cosuño lithocap-hosted hydrothermal system and build on the positive results of the Company's Phase 1 drill program; and will comprise approximately 20 to 24 diamond drill holes. The first drill hole is currently following up on high-grade silver mineralization intersected at the Pocañita Chica target, where discovery drilling returned 5 m grading 600.40 g/t silver, including 1 m grading 1,655 g/t silver.   We then discuss the series of other exploration workstreams that will be commencing over the next couple months, such as: the MAG Survey, IP Survey, more mapping and sampling. Together, these datasets are expected to improve significantly the Company’s understanding of the geometry, continuity, scale, and tenor of the vein and breccia systems across Cosuño.   Once this new data gets incorporated into the geological model, then it will lead into prioritizing the targets for the 6,000 meter Phase 3 drill program later this year. Tim also highlighted that Pocañita Grande will be getting its maiden drilling during the Phase 3 program, now that they have been developing roads and site access to this important target.   Click here to follow the latest news from BP Silver Corp [https://www.bpsilvercorp.com/] If you have any questions for Tim regarding BP Silver, then please email those into me at Shad@kereport.com.     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ [https://kereport.substack.com/] Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ [https://excelsiorprosperity.substack.com/]     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.