Nick Hodge – Still Constructive On Copper, Gold, Silver, And Uranium Stocks, As The Recent Breakouts Are Consolidated
Nick Hodge, Co-Owner of Digest Publishing and editor of Foundational Profits and Hodge Family Office, joins us to review the recent corrective move in the commodities and resource stocks. He shares the fundamental reasons he remains constructive for copper, gold, silver, and uranium stocks, despite this consolidation move inside of Phase 2 of the commodities supercycle.
We start off having Nick review the overall lay of the land with the commodities turning over the last few weeks, after having gone on a several month rally. He outlines that as the markets transitioned from Phase 1 to Phase 2 of the commodities supercycle, that there will be natural ebbs and flows of selling and buying, but that he is still anticipated robust growth in many resources and related equities. We get an update on how he has been positioned in his portfolio with regards to copper stocks, touching upon positions in Hannan Metals (TSXV:HAN) (OTCPK:HANNF), Gladiator Metals (TSXV: GLAD) (OTCQB: GDTRF), and has a bid out to accumulate Freeport McMoran (NYSE: FCX). We also discuss the ability of successful exploration drill programs to still garner new interest with investors, highlighting the recent success Bravo Mining (TSXV: BRVO) (OTCQX: BRVMF) has had hitting copper mineralization in addition to the platinum and palladium resource. We wrap up having Nick unpack why he is still bullish and remains a buyer on dips in the uranium sector, believing the bull market can continue on for uranium equities for some time to come.
Click here to follow Nick’s analysis and publications over at Digest Publishing
