Adrian Day: "Extremely Rare" Gold Stock Opportunity Won't Last

Поділитися
Вставка
  • Опубліковано 5 сер 2024
  • Adrian Day of Adrian Day Asset Management explains what factors are behind gold's price rise and why gold stocks haven't performed as well as might be expected. He also shares his thoughts on when they'll move higher.
    "I think when companies start to report their second quarter earnings later this month, we're going to start to see some very attractive cashflow numbers - better than the first quarter, and better than the year-ago comparisons," he said. "I've got to think that investors, when they see two back-to-back quarters of strong cashflow numbers, are going to start to look at these companies."
    Adrian Day's website: adrianday.com/
    This interview was filmed on July 9, 2024.
    #Investing #Mining #Gold
    0:00 - Intro
    0:25 - What's driving gold's price rise?
    5:01 - Eastern buying, western selling
    8:17 - Economy continuing to crack
    14:16 - When will the Fed cut rates?
    20:13 - Very rare gold stock opportunity
    26:30 - Outro
    ________________________________________________________________
    Investing News Network (INN)
    Find out more about investing by INN @
    investingnews.com/
    Browse our 2023 outlook reports:
    bit.ly/3JHyR1M
    Follow us Facebook:
    / investing.news.your.tr...
    Follow us on Twitter:
    @INN_Resource
    ________________________________________________________________
    The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

КОМЕНТАРІ • 43

  • @InvestingNews
    @InvestingNews  22 дні тому +1

    ❓Do you think gold miners' Q2 results will attract mainstream attention? Tell us in the comments!

  • @InvestgoldUK
    @InvestgoldUK 13 днів тому

    Adrian is one of the rare ones who was there from the 1970s so understands the cycles better. Always worth a listen to.

  • @feedbackolymp546
    @feedbackolymp546 21 день тому +2

    I like to listen to Adrian Day. Thank you very much.
    Greetings from the bavarian Alps,
    Feedback

  • @victorward3590
    @victorward3590 26 днів тому +11

    Thanks Charlotte!

  • @frankarena838
    @frankarena838 25 днів тому +7

    Adrian Day is THE gold stocks man!! Thank you both.

  • @derspreewalder2286
    @derspreewalder2286 25 днів тому +6

    Thank you Charlotte for the interview with Mr. Day and his expertise.👍👍

  • @dassa0069
    @dassa0069 25 днів тому +7

    Thank you Charlotte and Adrian.

  • @Wolf9of9Odin
    @Wolf9of9Odin 25 днів тому +5

    What a treat to listen to Adrian Day and Charlotte! Very good interview! I'm very excited, the last 2 days an explosion in the miners!

  • @johntynio3416
    @johntynio3416 26 днів тому +8

    Mr. Adrian Day, a 50% move upward in gold stocks is not enough for gold stockholders to even get their money back in a lot of cases! I don't believe the price of gold has risen in proportion to its demand this time around! If that starts to happen, it will be yet another great factor in price movement! Thank You Charlotte McLeod, Adrian Day, and Investing News!

    • @KeepOnTheRightPath
      @KeepOnTheRightPath 26 днів тому +3

      Mid-tiers are doing alright and I didn't buy at the bottom that's for sure. Fortuna Mining is but one example.

    • @briangranger1741
      @briangranger1741 26 днів тому

      you must be talking about jr miners.

    • @johntynio3416
      @johntynio3416 26 днів тому

      @@briangranger1741 Exploration Companies!

    • @johntynio3416
      @johntynio3416 26 днів тому +1

      @@KeepOnTheRightPath Exploration Companies that can go stellar, have gone down to the cellar! But yeah, some bigger producers have inched up! Thanks!

    • @briangranger1741
      @briangranger1741 26 днів тому

      @@johntynio3416 inched up?? LOL more like 50% + gains for me ( I bought last year)

  • @brettbielawski9847
    @brettbielawski9847 26 днів тому +4

    Great informative discussion!

  • @dorningarts
    @dorningarts 25 днів тому +3

    Excellent as always Charlotte

  • @KokayMate
    @KokayMate 25 днів тому +2

    Excellent! Thank you Investing News.

  • @jmwSeattle
    @jmwSeattle 25 днів тому +2

    Wow you must be important to get an in person interview or is this some marvelous video simulation!

  • @danoneill2846
    @danoneill2846 26 днів тому +4

    yep

  • @dassa0069
    @dassa0069 25 днів тому +2

    Royalty company earnings will be awesome for the current earnings period, period.

  • @srenbruun7812
    @srenbruun7812 26 днів тому +1

    Today he was gentle to you) Good)

  • @dassa0069
    @dassa0069 25 днів тому +2

    Are family offices selling their bullion ETFs to buy royalty companies and miners?

  • @alexandermills382
    @alexandermills382 25 днів тому +1

    What is the name of the Gold miner he mentioned at 27:37?

    • @frankyancy1347
      @frankyancy1347 24 дні тому +2

      Agnico Eagle. I owned it 40 years ago...still one of the best. Also consider the other majors, GOLD, Newmont. And take a look at BTG, it has no debt building a major mine in the north, does have some mines in iffy places, but it's down from a high of $5 to 3. And pays a nice dividend.

  • @Vokinov
    @Vokinov 24 дні тому

    Please fix the persistent problem with sound in your recordings. Your voices are so distorted that they sound like they were generated by a synthesizer.

  • @KeepOnTheRightPath
    @KeepOnTheRightPath 26 днів тому +3

    Keep hearing we're in a multi-year gold bull market so why is he saying the opportunity won't last? Doesn't add up.

    • @briangranger1741
      @briangranger1741 26 днів тому +2

      he means for huge gains like 75% instead of the 25% that people who wait till end of year will only get. pretty simple math.

    • @DDoubleU8001
      @DDoubleU8001 26 днів тому +2

      It kind of makes sense. Because the gold/silver stocks right now are VERY undervalued relative to the current underlying metal prices. Once the gold stocks adjust upwards, such that they are fairly valued with respect to the metal prices, that will be a big part of their ultimate gains in the bull market. Maybe that move represents 2X or 3X in the next 2-3 years. Then after that, say there's another 2 years left in the bull market, for that time period, maybe they only rise an additional 30% - 50% as investors anticipate the end of the bull market. Of course I'm just making up numbers and timeframes as a rough scenario.
      So I think he's saying that you want to get in while mining stocks very significantly undervalued if you want to see some potentially massive gains.

    • @briangranger1741
      @briangranger1741 26 днів тому

      @@DDoubleU8001 2x over the next 2-3 years is very realistic for some miners. anyone who is bullish gold should look into mid cap or large cap miners. Jr. miners is a whole other job and requires a lot more time and deep dive research. best to stick with mid cap and large cap who pay out 2% -5% dividends.

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 25 днів тому +1

    buying it so they can sell gold when gold goes up. That is what India does

  • @darinthesecularspiritualist
    @darinthesecularspiritualist 24 дні тому +1

    Buying silver eagles is better than some digits saying i have some ownership of a mining company. The stocks trade in confetti.

  • @abrahams.lincoln6749
    @abrahams.lincoln6749 26 днів тому +2

    Powell will forever be remembered as another Arthur Burns. 🇺🇸

  • @jerryantonies5334
    @jerryantonies5334 24 дні тому

    Investors in America (western) are still concerned about paper gold short manipulation. China has been taking delivery of the gold which is upsetting the administration because they are losing control of gold prices first time in 80 years. BRICS will control the price in the future. Looking at crashes in many investments gold to $6500.00 sooner than later.

  • @desislavdinkov854
    @desislavdinkov854 26 днів тому +2

    I adore your interviews with mr Adrian Ray ,so sweet .Is there anything more sexy than beautiful smart women ?❤

  • @trailguy
    @trailguy 24 дні тому

    A broad brush, maybe, but after you say the Chinese like to invest in gold you can certainly say they like to eat rice, lol. Some people might call it racist but it’s also correct, or at least generally true and in any instance a safe bet. More of them probably like gold and rice than the CCP.

  • @rsouthworth
    @rsouthworth 26 днів тому

    Beers?