Craig Hemke – Are You In Precious Metals For The Long Game, Or Just A Brief Fiat Flip?
Craig Hemke, Founder and Editor of TF Metals Report, joins us for more of a big picture look at various motivations to be invested in the precious metals sector, and how stacking physical metals is a different game and time horizon that investing in the gold and silver mining stocks. We start off reviewing some of the macroeconomic data points like the FOMC meeting minutes and expectations around future Fed policy, the debt ceiling debate, and the recent rise in interest rates and the US Dollar.
The discussion then shifts to more of the longer-term focus for stacking physical precious metals as an insurance policy against fiscal malfeasance and geopolitical uncertainty, and how that differs from many investors in junior PM mining stocks desire for short-term fiat gains. They are different games, with different goals and different focuses and concerns.