Robert Sinn, (aka Goldfinger on CEO.ca and CeoTechnican on X) and publisher of Goldfinger Capital on YouTube and Substack, joins me to share his key fundamental takeaways from the macroeconomic data in the economy, the US equity markets, and also both the technical and supply/demand outlook on gold, copper, silver, the precious metals stocks.
We start off getting into Robert’s take on the FOMC meeting, Jerome Powell’s press conference, the large beat on the jobs report number, and how all this is tying into the Fed rate cut expectations in the months to come. Robert also highlights the continued strength in the mega-cap tech stocks like Amazon, Meta, and Microsoft, and the overall strength in the US stock market indexes.
Next we get the key nuggets from some of the recent talks he gave at the Metals Investor Forum with regards to his focus on gold and copper fundamentals. One factor for both the yellow metal and the red metal has been the challenges in the Chinese economy, the fed rate cut expectations, the health of the US economy and strength of the US dollar. We also get Robert’s thoughts on the more speculative part of the precious metals complex with silver, and the PM equities, suffering from poor investor sentiment. We wrap up looking ahead to the earnings reports from the largest and most followed PM producers like Newmont and Barrick to see if they can start performing better and generate more shareholder value.
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Click here to see Robert on X/Twitter
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