The Korelin Economics Report

By www.kereport.comBusiness Investing

The Korelin Economics Report episodes

October 31Weekend Show – Rick Bensignor & Brian Leni – Where to Put Cash Now: Market Rotation and Mining Stock Selection
While major equity indices hover deceptively near all-time highs, market breadth tells a vastly different story. Underneath the surface, rapid sector rotations, stubborn inflation signals, and Treasury yields settling into a “higher for longer” regime are throwing equity and commodity markets into flux. In this two-part episode, technical strategist Rick Bensignor and resource analyst Brian Leni dissect why headline indices mislead investors, what technical warnings are flashing across crude oil and gold, and how to position your cash into asymmetric, catalyst-driven opportunities without falling into emotional traps.
Segment 1 & 2 – Rick Bensignor, President of Bensignor Investment Strategies, kicks off the show to provide a technical and macro outlook across various asset classes. He analyzed pullback risks in energy and metals, persistent sector rotations within the broader equity market, and argued that a higher-for-longer interest rate regime will continue to challenge non-yielding assets.
Click here to visit the In The Know Trader website – https://intheknowtrader.com/
Segment 3 & 4 – Brian Leni, founder and editor of the Junior Stock Review, discusses navigating pullbacks and broader uncertainty across the metals sector. He outlines his strategy of building a substantial cash reserve and selectively rotating capital into undervalued, catalyst-driven explorers and develop
Click here to visit the Junior Stock Review website to keep up to date on what Brian is investing in – https://www.juniorstockreview.com/

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Rick Bensignor
Brian Leni
40 min
October 24Weekend Show – Brien Lundin, Josef Schatcher & Nathan Ritchie – Gold & Silver: Panic Selling vs. Pure Opportunity…Energy’s Next Big Run
While broader equity markets shudder under high interest rates and AI valuation fatigue, resource markets are painting a striking study in contrasts. In this episode, we tackle the sharp sell-off in precious metals alongside the relentless fundamental strength of the energy complex. Brien Lundin (Editor of Gold Newsletter) breaks down why short-term algorithmic liquidations in gold and silver are masking an inevitable monetary reset. Then, Josef Schachter and Nathan Ritchie (Schachter Energy Report) examine why the multi-year bull thesis in oil and natural gas remains structurally supply-constrained, presenting compelling value across both Canadian heavy hitters and mispriced international producers.
Segment 1 & 2 – Brien Lundin, editor of the Gold Newsletter and host of the New Orleans Investment Conference, kicks off the show to discuss the precious metals market, explaining that recent sharp sell-offs are driven by short-term algorithmic trading and tech sentiment rather than damaged fundamentals. He argues that escalating sovereign debt and deficit pressures will ultimately force easier monetary policies, making current downturns prime buying opportunities for long-term investors – particularly in select junior exploration stocks.
Click here to learn more about the New Orleans Investment Conference coming up this week, on October 28-31. – https://neworleansconference.com/korelin/
Segment 3 & 4 – Josef Schachter (founder and editor) and Nathan Ritchie (VP of Energy Research) of The Schachter Energy Report recap their recent energy conference and share an optimistic outlook for the oil and gas sector. They highlight an ongoing energy bull market driven by insufficient capital reinvestment and growing global demand, predicting a forthcoming outperformance in natural gas equities and recommending diversified exposure across Canadian and international oil, gas, and energy service companies
Click here to learn more about The Schachter Energy Report – https://schachterenergyreport.ca/

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Brien Lundin
Josef Schachter & Nathan Ritchie
26 min
October 17Weekend Show – Dana Lyons & KER QuickTake – Gold, Silver & Metals Correction vs. Energy Strength: Finding The Opportunities
Between severe pullbacks in precious metals and critical minerals, and a deceptive narrowness in broader US stock indices, investors are facing a complex macro tape. In this week’s The KE Report Weekend Show, fund manager Dana Lyons breaks down key technical levels across gold, silver, copper, and energy stocks, while hosts Cory and Shad examine the recent sector-wide commodity slump, the flood of free-trading financing paper, and strategic positioning ahead of tax-loss season.
Segment 1 & 2 – Dana Lyons, fund manager and editor of The Lyons Share Pro, kicks off the show to provide a technical outlook across multiple asset classes. He discusses why further short-term weakness in gold and silver would not derail their longer-term bull trends, while expressing optimism toward copper, energy equities, and healthcare despite broader market risks and narrowing breadth.
Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services – https://lyonssharepro.com/
Segment 3 & 4 – A KER Market QuickTake, hosts Cory and Shad unpack what is driving the broad-based sell-off across precious metals, critical minerals, and uranium, while energy continues to defy gravity. From impending financing overhangs to seasonal tax-loss realities, this discussion offers a roadmap for high-grading your portfolio when market sentiment hits rock bottom.

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Dana Lyons
KER Market QuickTake
35 min
October 10Weekend Show – Doc & Marc Chandler – Is the Fed Irrelevant? Gold Targets vs Rising Rates & USD
Global financial markets are grappling with rising interest rates, shifting central bank dynamics, and widening currency misalignments. On this week’s Weekend Show, Richard “Doc” Postma and Marc Chandler analyze how surging long-term yields are reshaping asset classes, from gold and silver targets to foreign equities and global capital flows.
Segment 1 & 2 – Kicking off this Weekend’s Show, Richard Postma (AKA “Doc”) argues that rising interest rates and bond market deterioration will weigh heavily on broader equities and prolong a multi-year downturn in precious metals, projecting potential bottoms around $3,500 for gold and 40–50 for silver that could stretch into 2028. To navigate this environment, he outlines a defensive strategy centered on holding significant cash reserves while selectively eyeing long-term buying opportunities in beaten-down sectors such as gold and silver equities, uranium, and oil.
Segment 3 & 4 – Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and editor of Marc to Market, discusses global bond yield trends, inflation expectations, and the persistent strength of the U.S. dollar. He highlights how corporate debt for the AI build-out competes with Treasury supply, evaluates heavily undervalued foreign currencies like the Yen and Euro, and advises dollar-based investors to consider diversifying into international equity markets.
Click here to visit Marc’s site – Marc To Market – https://www.marctomarket.com/

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Doc
Marc Chandler
26 min
October 03Weekend Show – Brien Lundin & Dan Steffens – Gold & Oil Stocks: Spin Out, Near Term Producers, Growth Companies, Juniors
A stark divide is opening up between real-world commodity supply constraints and short-term paper market sentiment. In this comprehensive Weekend Show, Brien Lundin (Editor of Gold Newsletter) breaks down the institutional momentum emerging from the Beaver Creek Precious Metals Conference, explaining why gold’s underlying drivers represent the strongest setup since the 1970s despite bond yield volatility. Then, Dan Steffens (President of the Energy Prospectus Group) uncovers the severe disruptions rattling the crude and fuels supply chain, from Middle Eastern pipeline strikes and European refinery deficits to a looming North American natural gas squeeze. Both Brien and Dan share a number of companies you should have your eye on.
Segment 1 & 2 – Kicking off the show, Brien Lundin, editor of the Gold Newsletter and host of the New Orleans Investment Conference, recaps the Beaver Creek Precious Metals Conference and characterizes the sector as being in a strong, fundamentally driven bull market. He analyzes the relationship between rising bond yields and market volatility, examines corporate trends such as spinouts, strategic investments, and toll milling, and highlights several promising junior mining stocks.
Click here to learn more about the New Orleans Investment Conference on October 28-31. – https://neworleansconference.com/korelin/
Segment 3 & 4 – Dan Steffens, President of the Energy Prospectus Group, analyzes the fundamental drivers shaping current energy markets, examining how geopolitical conflict, pipeline disruptions, and refinery bottlenecks impact crude oil, refined fuels, and natural gas supplies. He also addresses the disconnect between commodity prices and equity valuations, highlighting key investment and growth opportunities across large-cap producers, oilfield services, and undervalued small-cap stocks.
Click here to visit the Energy Prospectus Group website for more energy market and stock analysis – http://www.energyprospectus.com/

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Brien Lundin
Dan Steffens
25 min
September 19Weekend Show – Rick Bensignor, Josef Schachter & Nathan Ritchie – Is the Market Topping? Gold’s Next Move? Is Oil About To Pop Higher?
A collision of tightening macroeconomic conditions and physical commodity deficits is reshaping global markets. While major equity averages struggle beneath heavy institutional selling and the bond market prices in structurally higher-for-longer interest rates, energy equities and physical oil are demonstrating explosive relative strength driven by historic inventory drawdowns and escalating geopolitical conflict.
Segment 1 & 2 – Rick Bensignor, president of Bensignor Investment Strategies, assesses signs of near-term exhaustion and institutional selling across major equity indices while highlighting sustained upside potential for crude oil and the energy sector amid ongoing geopolitical conflict. He also maps out pivotal technical levels across gold, silver, and copper, while forecasting higher Treasury yields and advising investors to favor short-term Treasury bills over longer-duration bonds.
Click here to visit the In The Know Trader website – https://intheknowtrader.com/
Segment 3 & 4 – Josef Schachter, founder and editor of The Schachter Energy Report, and Nathan Ritchie, the firm’s VP of Energy Research, analyze how geopolitical tensions involving Iran, tightening global inventories, and strategic reserve dynamics are shaping oil and natural gas prices. They also evaluate corporate earnings outlooks, assess high-upside and dividend-paying energy stocks, and emphasize the importance of hedging and market diversification for natural gas producers navigating price volatility.
Josef’s Catch The Energy Conference – Oct 17th 2026 – special (Josef is offering free tickets) – enter promocode – SER26

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Rick Bensignor
Josef Schachter & Nathan Ritchie
41 min
September 12Weekend Show – Axel Merk & TG Watkins – Macro vs Technicals: Gold, GDX, Oil, Copper, Critical Minerals, US Markets
As macro fault lines widen from Treasury intervention to global reserve diversification, markets are flashing sharply conflicting signals across commodities and headline equities. This Weekend Show brings together macroeconomic asset manager Axel Merk to assess precious metals valuations and fiscal policy crosscurrents, alongside technical analyst TG Watkins to dissect alarming breadth breakdowns and unprecedented volume shifts in leveraged funds.
Segment 1 & 2 – Axel Merk, President and Chief Investment Officer of Merk Investments, joins the program to discuss the macroeconomic factors driving the precious metals sector, including Federal Reserve monetary policy, Treasury actions, and rising global debt. Throughout the discussion, he analyzes the durability of the current gold bull market and central bank demand while emphasizing the importance of strong management teams when evaluating undervalued mining equities.
Click here to learn more about Merk Investments – https://www.merkinvestments.com/
Segment 3 & 4 – TG Watkins, Director of Stocks at Simpler Trading and editor of Profit Pilot, provides a technical chart analysis evaluating commodities, energy, and broad equity markets. He outlines anticipated pullbacks toward key moving averages for gold, silver, and copper, while warning that frothy crude oil prices and underlying weakness in equal-weight and small-cap indexes indicate an impending seasonal market correction before another leg higher.
Click here to visit TG’s site – Profit Pilot – https://www.profit-pilot.com/

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Axel Merk
TG Watkins
29 min
August 29Weekend Show – Jeff Christian & Josef Schachter – Gold And Energy: Central Bank Buying & Undervalued Energy Stocks
Macroeconomic uncertainty, persistent inflation, and geopolitical conflicts are reshaping capital flows across the commodity complex. This episode brings together precious metals and energy sector experts to unpack where the real risks and asymmetrical opportunities lie for resource investors.
Segment 1 & 2 – Jeff Christian, Managing Partner at CPM Group, breaks down the current precious metals landscape, examining central bank gold purchasing patterns, rising counterparty risks in metals-backed stablecoins, and the transition into a late-stage bull market cycle. He also analyzes how Federal Reserve interest rate policy, unsustainable U.S. fiscal deficits, and shifting industrial silver demand across solar and AI sectors will shape the broader trajectory of precious metals.
Click here to visit the CPM Group website to learn more about the firm – https://cpmgroup.com/
Segment 3 & 4 – Josef Schachter, founder and editor of the Schachter Energy Report, alongside Nathan Ritchie, the firm’s VP of Energy Research, joins us to analyze the macro forces driving oil and natural gas markets, including Middle Eastern geopolitical tensions, strategic petroleum reserve levels, and record crack spreads. Together, they highlighted investment opportunities across Canadian energy equities, emphasizing heavily discounted valuations among junior producers, capital allocation strategies between growth and share buybacks, and emerging M&A activity.
Josef’s Catch The Energy Conference – Oct 17th 2026 – Josef is offering free tickets, enter promocode – KER26

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Jeff Christian
Josef & Nathan
28 min
August 22Weekend Show – Mike Larson & Dan Steffens – Are Gold and Silver Out of Purgatory? Plus High-Upside Energy Stocks
This week’s show connects the dots between global macro shifts and high-conviction commodity opportunities. From the Treasury’s bond market interventions and the resurgence of precious metals to the geopolitical supply crunch fueling under-the-radar oil equities, guests Mike Larson and Dan Steffens unpack where capital is rotating and how investors can position ahead of the curve.
Segment 1 & 2 – Mike Larson, Editor-in-Chief at MoneyShow, discusses how the recent rebound in precious metals and copper signals a lasting turn in an ongoing bull market driven by global debt trends, Treasury bond interventions, and supply-chain pressures. He also emphasizes that the broader market remains healthy due to strong rotation into sectors like energy, financials, and industrials as tech cools off.
Click here to find out about the upcoming MoneyShow conferences – https://www.moneyshow.com/
Segment 3 & 4 – Dan Steffens, President of the Energy Prospectus Group, breaks down current dynamics in the oil and gas sector amid global supply risks and refinery disruptions. He emphasizes compelling growth and valuation upsides across a range of energy equities, from undervalued small caps like Riley Exploration Permian, ROK Resources, and Kolibri Global Energy to larger mid-cap players like Baytex, Crescent Energy, and Devon Energy.
Click here to visit the Energy Prospectus Group website for more energy market and stock analysis – http://www.energyprospectus.com/

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Mike Larson
Dan Steffens
25 min
August 15Weekend Show – Doc & Dana Lyons – Technical Setups: Gold, Silver, GDX, Copper, Oil, Uranium, Bond, Value Stocks
In this Weekend Show, we dissect the recent sharp rebound across precious metals and evaluate whether the broader market rally has real staying power. Featuring expert technical analysis from veteran resource investor Richard Postma (Doc) and fund manager Dana Lyons (The Lyons Share Pro), this episode breaks down critical moving average tests, unfilled chart gaps in gold and mining ETFs, macro warnings in the bond market, and the accelerating rotation from overextended momentum tech into durable value sectors.
Segment 1 & 2 – Richard Postma (also known as “Doc”) discusses technical outlooks across precious metals, bonds, and equities. Doc analyzes recent price rebounds in gold and silver as temporary bounces within a broader corrective phase, offering insights on key technical levels, long-term bond market pressures, and his strategies for accumulation in mid-tier producer equities.
Segment 3 & 4 – Dana Lyons, a fund manager and editor of The Lyons Share Pro, wraps up the show providing a technical analysis of current market trends across multiple asset classes. He discusses taking a neutral stance on precious metals following recent bounces, maintains a bullish outlook on copper and energy equities, and explains his strategy of rotating out of overextended growth, tech, and semiconductor sectors into broad-market value sectors like healthcare and financials.
Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services – https://lyonssharepro.com/

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If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X 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/
Shad’s resource market commentary: 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.

Doc
Dana Lyons
25 min