John Rubino – Resource Stock Investing Trends For Oil, Nat Gas, Gold, Uranium, and Copper
John Rubino, Founder of the Dollar Collapse website and editor of his recently launched newsletter over at Substack, joins us to discuss resource stock investing trends in various commodities like oil, nat gas, gold, uranium, and copper. We start off with some of the macro drivers in the oil patch, and the recent OPEC+ production cuts which as buoyed crude prices back above $80 again. In contrast, natural gas is still down at very low levels, but John postulates that companies with more exposure to it may represent a contrarian buying opportunity as the rising oil prices may lift many stocks across the sector in sympathy.
With Gold there are a number of macro factors we discuss that are underpinning value in the precious metals, and John lays out the conditions we want to see for the PM mining stocks to get more of a bid. Wrapping up, we look at what commodities may still do well in the face of an overall slowing global economy, but counterbalanced with supply/demand factors. John points to underlying macro currents in both uranium and copper as areas of growth that may run higher, regardless of any economic contraction, and thinks there is still opportunity in the related mining stocks.