Craig Hemke - Markets Drop, Precious Metals Follow: What Comes Next?
Craig Hemke, editor of TF Metals Report, to dissect last week's sharp market selloff and its impact on precious metals. While gold and silver had been climbing steadily through Q1 - gold even up nearly 20% - they were not immune to the broad pullback, with both metals reversing sharply alongside global equity markets.
Key topics discussed:
- The market-wide selloff and its ripple effect on gold and silver.
Craig explains how liquidity needs and portfolio rebalancing by large funds contributed to the drop - even as fundamentals for precious metals remain intact. - Historic parallels and sentiment shifts.
Craig outlines similarities to past corrections and why this could be another consolidation before a rebound. - Q1 earnings vs. market reaction.
Despite record-high margins and profitability for gold producers, investors remain hesitant. Craig shares why generalist interest hasn't stuck - and whether this quarter's blowout numbers will matter. - The frustrating disconnect in gold stocks.
Gold is up over almost 100% since 2022 lows, yet many miners are still well below 2020 peaks. We explore what’s holding them back: lack of growth, muted capital returns, and sector-wide neglect. - Commitment of Traders (COT) report insights.
Craig gives a preview of what the upcoming COT report may reveal about speculative positioning - why we might be nearing a reset point for the next leg higher. - Long-term outlook for miners and strategy moving forward. With major producers sitting on strong balance sheets, M&A could heat up. Craig encourages a stock-picking approach: identify well-positioned juniors near large players rather than broad ETF exposure.
