Gold Equities at a Turning Point: Insider Buying Signals Hidden Opportunities - Cam Currie

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  • Опубліковано 23 лип 2024
  • Jeremy Szafron, Anchor at Kitco News, interviews Cam Currie from Canaccord at the Vancouver Resource Investment Conference. Cam chats abou the current state of junior mining companies and the gold market, addressing key issues like the shifting investment landscape post-COVID and the impact of economic trends on gold prices. He also provides insights into the future of the gold market, particularly with an eye on the 2024 forecast. This interview is a valuable resource for anyone interested in understanding the complex dynamics of the gold industry and its investment potential.
    VRIC coverage is sponsored by Snowline Gold -
    snowlinegold.com/
    Follow Jeremy Szafron on X: @JeremySzafron ( / jeremyszafron )
    Follow Kitco News on X: @KitcoNewsNOW ( / kitconewsnow )
    0:00 - Introduction to Cam Currie and Gold Market Analysis
    1:29 - COVID Impact and Shifts in Gold Investment
    3:28 - Evaluating Gold Stocks and Junior Miners
    5:08 - Consumer Economics and Gold's Position
    7:08 - Insider Perspectives in Gold Investment
    9:05 - Gold Sector vs. Trendy Investments
    11:16 - Gold and Silver Market Trends for 2024
    13:20 - Understanding Gold Equity Market Dynamics
    15:19 - Challenges in Raising Capital for Miners
    17:59 - Strategic Investment Tips for the Future
    #gold #silvermarket #juniormining #miningstocks #economy #equities #investmentstrategies
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КОМЕНТАРІ • 106

  • @Ashnola
    @Ashnola 5 місяців тому +24

    This guy makes a lot of sense! Great interview, thank you.

  • @bboucharde
    @bboucharde 5 місяців тому +18

    I would not buy gold miners on margin or with the rent money, but otherwise, if held long & strong, they will reward patience. We have seen these cycles before.

    • @whiterabbit3439
      @whiterabbit3439 5 місяців тому +1

      Also, depends on your price point...can get cut in half and then by half again. Life changing (in a good way) at the right price point.

  • @stevevanzandt1655
    @stevevanzandt1655 5 місяців тому +4

    Excellent interview !

  • @lorismyth9390
    @lorismyth9390 4 місяці тому +1

    Excellent interview, smart guy!

  • @feelnrite
    @feelnrite 5 місяців тому +13

    The equities have one last surge and a FOMO deal. Then after the tank hits, real assets will rule. During the tanking, I do think everything will get hit and metals will get much cheaper.

  • @keirenle
    @keirenle 5 місяців тому

    Thank you

  • @debbycantlon9738
    @debbycantlon9738 5 місяців тому +5

    I got my first gold coin at $300.00 an oz. I haven’t seen anything go up like that except maybe real estate sense. When you have the coins, you don’t have to keep your eyes peeled on them as we do with the stock market. You do need a safe place to put it though & always get it from a dealer who has a good buyback program

    • @imconfused1237
      @imconfused1237 5 місяців тому

      You’re not much of an investor then, if you don’t know how much Bitcoin has crushed every single asset class.

    • @regularcustomer8285
      @regularcustomer8285 5 місяців тому

      Parker Squabble always tried, remember the blown lead ! LEED , leach, leap

    • @s4nder86
      @s4nder86 5 місяців тому

      @@imconfused1237 Ponzi schemes don't count.

  • @TrudyBraiden22
    @TrudyBraiden22 12 днів тому

    Love Cam. Mr. Integrity.

  • @jimbill9913
    @jimbill9913 5 місяців тому +2

    Sounds good. It always sounds good. It rarely is good.

  • @adamashton6742
    @adamashton6742 5 місяців тому +3

    There is a gold printing press it’s called a shovel

  • @misterdreams2761
    @misterdreams2761 5 місяців тому

    when do we see a deep in price of gold ?

    • @Bigchuckers
      @Bigchuckers 5 місяців тому

      When markets take a big fall. Gold is commonly used as margin and thus sells off when markets do.

  • @pyroe87
    @pyroe87 5 місяців тому

    Anyone else remember when Michelle Makori had the banner say "Lead Anchor"? That was funny.

  • @JuanOrtiz-mr3nv
    @JuanOrtiz-mr3nv 5 місяців тому +2

    Gold and Silver mines have been going very bad for long time

  • @farmerfox99
    @farmerfox99 3 місяці тому

    Looking back from after gold made multiple highs last week pretty interesting

  • @_Feed_Me
    @_Feed_Me 5 місяців тому +1

    Been buying miner ETFs biweekly, for three years… I recently stopped to divert funds elsewhere, but my miner investment will stay in place for years/decade

  • @foumar5217
    @foumar5217 5 місяців тому

    Somebody closed a huge copper mine in Panama recently, no? After 10bln investment by first quantum..

  • @franklobe
    @franklobe 5 місяців тому +4

    XGD was $28 when gold was $1750 CDN. Gold is now $2700. That would make XGD $40+. XGD is currently $16. That's two-third discount. At a time when gold is trading at all time highs. Central banks are buying huge amounts of physical. Political unrest and wars everywhere. High inflation. Let the price keep dropping. I'll be buying all the way down. The price is obviously being suppressed so that the smart money can buy as much as possible. Anyone not buying now is missing out on the trade of the century.

    • @afterdark6822
      @afterdark6822 5 місяців тому +2

      Agree. I am in GDX, GDXJ heavy.

    • @ironworker5792
      @ironworker5792 5 місяців тому +1

      Your comment sums it up, sir! Best one posted

    • @Bigchuckers
      @Bigchuckers 5 місяців тому

      Do you really think central banks would beat professional investors to opportunity? Smart money has been in the longest.

    • @franklobe
      @franklobe 5 місяців тому

      @@Bigchuckers I think gold is currently at the same price that it was in the summer of 2020 when a liter of milk is 30% more expensive. How is it that gold is the only thing that seems to be unaffected by inflation? There seems to be a vested interest in keeping the numbers down. This can only be done for so long. I'm patient.

    • @sancheezyfilms6134
      @sancheezyfilms6134 5 місяців тому

      I have 25k invested in GDX unfortunately I got assigned on some puts and have a bad price at $32 a share
      You think I’ll eventually go positive sometime this year? Currently down $3k

  • @todd8856
    @todd8856 5 місяців тому

    Check the facts on dollar statements.

  • @marcmason9474
    @marcmason9474 4 місяці тому

    Anyone got any thoughts on Vizsla? Im in but in a small way

  • @sancheezyfilms6134
    @sancheezyfilms6134 5 місяців тому

    I have 25k invested in GDX I hope it goes up this year I’m in at $32 😮

  • @chrisg9852
    @chrisg9852 5 місяців тому +1

    You will only be rewarded in this sector if you keep buying big right at the bottom. Most people having been buying big 2 years ago and now down 40% on their stocks. You'll be lucky to get your money back unless you keep pouring money in.

  • @leinad5243
    @leinad5243 5 місяців тому +2

    Miners are trading like gold is 1200

    • @regularcustomer8285
      @regularcustomer8285 5 місяців тому

      Happy Harry Dent, but.. and I mean BUTT,
      your a powerstoke leanin'
      backhoe riding
      All night long... say Parker

    • @sancheezyfilms6134
      @sancheezyfilms6134 5 місяців тому

      Something has to give when is it going to go up with the price?

  • @aaronb8698
    @aaronb8698 5 місяців тому

    Usa should return gold standard repriced to pay off usa debt and keep trade stats. This would set usa up for bigest economic boom of the 21 century. (Even if they can't print to pump walstreet anymore)
    End the pozi fed

  • @marcmason9474
    @marcmason9474 4 місяці тому

    Foran mining?

  • @shanewatkins1350
    @shanewatkins1350 5 місяців тому +1

    they are not talking about the Gorilla in the room "The BOND market is going dysfunctional because of Debt"

    • @regularcustomer8285
      @regularcustomer8285 5 місяців тому

      The bond market is going dysfunctional because of DEBT " .. only an orca will be concerned about your happiness 🐬 💦 splashing

  • @marksarty3502
    @marksarty3502 5 місяців тому

    Insider wage compensation that doesn’t negatively impact the bottom line, if you will 🤔

  • @noname-yh2fv
    @noname-yh2fv 5 місяців тому +1

    Wests been winnig for so far for decades, not gold 😂😂😂

  • @regularcustomer8285
    @regularcustomer8285 5 місяців тому

    The INVESTOR TODAY HAS LEFT THE SECTOR " Junior !?
    Where are my good grades?
    Or ..
    Your way you came from?

  • @leinad5243
    @leinad5243 5 місяців тому +1

    Propoganda ministry

  • @Align2u
    @Align2u 5 місяців тому +2

    Gold waaaaay to expensive 1800 is coming 😅

    • @regularcustomer8285
      @regularcustomer8285 5 місяців тому

      After labor day, couldn't we just turn it into winter wonderland?

  • @YS-ys1us
    @YS-ys1us 5 місяців тому +2

    Gold salesman talk about how good gold is😂.

  • @tjmooney4181
    @tjmooney4181 5 місяців тому +4

    Investing anywhere other than bitcoin during these early adoption years is inefficient 😉 the future is going to be fun

    • @gary4507
      @gary4507 5 місяців тому +3

      I'm heavily invested in Bitcoin and proxies,but I think precious metals still have a bright future,silver possibly even more than gold.

    • @tjmooney4181
      @tjmooney4181 5 місяців тому

      @@gary4507 use your bitcoin to get a discount on your silver at most precious metals dealers, but not until at least mid to late 2025 😉

    • @bannistervoid
      @bannistervoid 5 місяців тому +3

      You mean 2012? Yeah that would've been a nice time to buy bitcoin. 2024 is not the "early years" buddy.

    • @tjmooney4181
      @tjmooney4181 5 місяців тому +2

      @@bannistervoid we are early as long as uneducated people still accept dollars for their satoshis 😉

    • @gary4507
      @gary4507 5 місяців тому

      It's still very early. Mass adoption is just getting started.@@bannistervoid

  • @Cryptech1010
    @Cryptech1010 5 місяців тому +17

    Gold is a terrible investment unless you are already rich and trying to preserve wealth.

    • @INTERNETVID
      @INTERNETVID 5 місяців тому +10

      Gold has outperformed the S&P since 2000.

    • @Cryptech1010
      @Cryptech1010 5 місяців тому +2

      @@INTERNETVID The stock market has outperformed gold over the last 10 years and the last 30+ years. You are just cherry-picking dates to make gold look better in that specific time frame. Gold is better than holding fiat currency, though.

    • @freeroamer9146
      @freeroamer9146 5 місяців тому +11

      ​@Cryptech1010 So why are you here, just to tell us how much you hate your daddy? Gold has indeed kept up with the S&P since 2000. The difference is that an ounce of gold buys much the same in goods and services as it did 100 years ago. Your pizza coin is only as good as its conversion to dollars, and we all know the ride that's been taking!

    • @Giovanni6067
      @Giovanni6067 5 місяців тому

      It is crazy to see that central banks have managed to indoctrinate people in thinking that gold is crap but paper is good. Keep your paper and leave gold to people that understand it.
      I am sure you will be chasing once everything starts moving more noticeably.

    • @Emmett2002
      @Emmett2002 5 місяців тому +1

      @@Cryptech1010Not cherry picking, 2000 was the bottom of the gold market.

  • @mmercato7174
    @mmercato7174 5 місяців тому

    Stocks will outperform Gold for 1-2 year orso !