The KE Report

In this Daily Editorial, Cory and Shad welcome back Craig Hemke, Founder and Editor of TF Metals Report. With precious metals and mining equities enduring steep corrections, Craig breaks down key price thresholds, market sentiment, and what macro events could dictate the next major move.

Testing Critical Support Levels: Gold and silver are revisiting crucial summer baselines. Craig explores whether holding these zones is realistic or if an undercut-and-rally setup must play out first to flush out remaining weakness.

Macro Catalysts on Deck: A stacked economic calendar features the October FOMC rate decision, post-meeting press conferences, and the Fed’s preferred inflation metric, the PCE deflator. Craig reviews expectations and how central bank rhetoric could shift market momentum.

Mining Stocks vs. Physical Metals: Even as top producers deliver solid quarterly production and earnings, their shares face persistent selling. The conversation examines cost pressures, energy input headwinds, and the disconnect between sector fundamentals and equity prices.

Contrarian Signals in Commodity Positioning: Drawing comparisons across uranium, critical minerals, and broader commodities, Craig discusses TFMR’s trading rules and highlights multi-year low hedge fund positioning in Comex silver.

 

Click here to visit Craig’s website - TF Metals Report - https://www.tfmetalsreport.com/

 

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.

In this Company Update, Cory chats with Tara Christie, President and CEO of Banyan Gold Corp. (TSX-V: BYN | OTCQB: BYAGF), to break down the company’s recent operational progress, ongoing exploration across its multi-million-ounce AurMac Gold Project in the Yukon, and key near-term development milestones.

2026 Drill Program & Progress: Tara outlines the current pace of their 70,000-meter campaign, current rig count on site, and plans to expand drilling into the winter months.

Unlocking the Gap Zone: An overview of why the untested area between the Powerline and Airstrip deposits presents significant near-surface grade upside and strip-ratio advantages.

PEA Timing & Core Objectives: What management is targeting from the upcoming Q4 Preliminary Economic Assessment and how ongoing engineering work is shaping project economics.

Assay Timelines & Resource Evolution: Insights into laboratory turnaround times, upcoming infill conversion goals, and what will feed into future feasibility-level studies.

Treasury Strength & Capital Allocation: How Banyan Gold is leveraging its healthy cash position to maintain aggressive exploration momentum without balance sheet stress.

Yukon District Outlook: Context surrounding the sale of the Victoria Gold Mine to a Singapore-based firm and the implications of renewed international capital entering the territory.

 

If you have any follow up questions for Tara please email me at Fleck@kereport.com. 

 

Click here to visit the Banyan Gold website - https://banyangold.com/

 

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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.

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!

 

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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.

In this Company Update, Cory chats with Dan Sutton, CEO of Syntholene Energy (TSX-V: ESAF | OTCQB: SYNTF). Following the release of an independent technical review confirming world-class operating efficiencies at the company’s Iceland demonstration facility, Dan breaks down what these findings mean for commercialization, the unit economics of clean hydrogen production, and the path toward industrial-scale deployment.

Independent Performance Validation: An overview of the empirical production results from the demonstration facility in Iceland and how performance data de-risks core fuel synthesis technology.

Structural Cost Advantages: How baseload geothermal power combined with high-efficiency hydrogen generation positions Syntholene to compete directly against fossil fuels and alternative biofuels.

Modular Scalability: Why the underlying electrolyzer technology allows for predictable commercial scaling without proportional technology risk.

Commercial Offtake Roadmap: The transition from technical demonstration to negotiating multi-year, bankable take-or-pay agreements with major airlines and industrial buyers ahead of targeted 2028 construction.

Corporate Runway and Capital Discipline: How the company manages burn rate, minimizes dilution, and aligns prospective strategic partnerships ahead of commercial project financing.

 

Please email me with any insight you have on the synthetic fuel market or questions for Dan. 

 

Click here to visit the Syntholene Energy website to learn more about the company. - https://syntholene.com/  

 

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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.

In this Daily Editorial, Cory and Shad welcome Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and editor of Marc to Market, for the weekly market recap and look ahead to next week. With crucial central bank decisions and top-tier GDP data on deck, the discussion unpacks underlying crosscurrents across sovereign debt, energy, foreign exchange, and metals.

Big Tech Fragility and Market Rotation: A breakdown of the Philadelphia Semiconductor Index’s continued pullback and whether the market’s defensive posture signals true institutional risk-off positioning or routine month-end rebalancing.

Yield Curve Conundrum vs. Surging Oil: Why benchmark Treasury yields are retreating even as WTI crude presses multi-week contract highs, and what this divergence suggests ahead of the FOMC meeting.

The "Rate Cut" Reality Check: An examination of Fed funds futures pricing, persistent US consumer strength, and why aggressive easing bets may remain premature.

Historical Election Cycle Tailwinds: What historical data reveals about third-year presidential cycles and how that seasonal tendency could shape equity performance into next year.

Currency Volatility & FX Divergence: Structural setups across the euro, the yen’s technical retracement, and the fundamental drivers powering the Canadian dollar’s multi-session rally.

Precious Metals Under Pressure: Analysis of the continued technical breakdowns in gold and silver as key support levels give way.

 

Click here to visit Marc’s site - Marc To Market - https://www.marctomarket.com/

 

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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.