$3,000 Gold, 2024 Recession, and 2 Gold Stocks | Real Money Talks
In this week’s episode of Real Money Talks, I spoke with Dylan Smith from Rosenberg Research. He leads the day-to-day work of the economics team, focusing on developing the firm’s topical macroeconomic insights, thematic research, and conviction views.
More specifically, we discussed the current economic situation and the role of the Federal Reserve in managing it, in an effort to understand what it all means for gold and silver.
Dylan also explained the future of the US dollar and the potential impact of a recession on the gold market.
Lastly, we discussed portfolio allocation strategies involving stocks, bonds, and commodities like precious metals.
Rosenberg Research’s website: https://www.rosenbergresearch.com/
After the market overview, I interviewed 2 companies:
1. Vior Inc. CEO Interview with Mark Fedosiewich (TSX-V: VIO) - #gold stock with exposure to Quebec, Canada.
Vior Inc’s website: https://www.vior.ca/
2. Prismo Metals Interview with President, Steve Robertson (CSE: PRIZ) - #copper and #silver stock with exposure to Arizona, US & Mexico.
Prismo Metals’ website: https://prismometals.com/
None of them paid for the production of this interview.
The information provided herein is general & impersonal in nature and meant for entertainment purposes only. The viewer acknowledges and agrees that the information does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy.
The host is not a licensed investment advisor. He is just another talking head on the internet. He might own shares of companies mentioned in this publication. Always assume he doesn't know much more than a potato does. Although none of the companies included in this episode have paid for the production of the video, still consider everyone herein biased.
The mining & exploration space is among the riskiest sectors to invest in. The risk of anything mentioned in this publication is 100% loss of capital. If you don't read the official documents provided by the company on www.SedarPlus.ca, you will lose all of your money.
Timestamps:
00:00 recap
00:58 Economic Outlook for 2024
08:15 Will increased liquidity permanently raise asset prices?
16:23 Why isn't the Fed aggressively tightening its balance sheet?
22:41 Will David's opinion influence the outcome of the US election?
24:31 Will there be a currency war?
27:04 What are David's long-term predictions for the Dollar?
30:51 Will the investment dynamics between gold and the dollar persist?
37:34 Are we entering an era where gold outperforms the equity markets?
42:40 Will equity performance be different due to ETFs?
47:39 What are David's views on other commodity investments?
52:14 Rosenberg Round-up Podcast
52:45 Important Warning
55:48 Vior Inc. Company Overview
01:01:53 Vior Inc. Interview
01:42:39 Prismo Metals Company Overview
01:49:38 Prismo Metals Interview
