Korelin Economics Report

Craig Hemke – Slogging Through This Precious Metals Correction

Craig Hemke, Founder and Editor of TF Metals Report, joins us to discuss his technical and fundamental outlook for the precious metals sector, as they correct into the sideways slog of this seasonally slow time of year.  We discuss that even though sentiment isn’t great, that overall gold and silver have actually done reasonably well in light of all the macroeconomic factors thrown at the markets over the last few years, and also year-to-date. It is really the underperformance of the PM mining stocks that have weighed more heavily on sentiment, but Craig is still optimistic that we’ll see that change later in the year as the metals break out of this trading range to higher levels.   When pondering what will get more generalist investors to focus part of their capital in this sector; he reiterates that it should be the gradual loss of faith in central banks as their policies waffle from loosening to tightening over and over again, without reaching their stated goals.

 

 

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Click here to visit Craig’s site – TF Metals Report.

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