Tavi Costa of @crescatcapital shares his thoughts on gold’s recent price activity, outlining why he thinks the yellow metal will lead other commodities higher. He sees silver and copper as metals that will benefit from its rise.
“To me gold is sort of the first thing to really move, and the first box to check in terms of a secular market. But where you’re really going to likely get those big returns is going to be on things that tend to move with gold. And as we see gold move, usually you tend to see other metals really leading the way to the upside,” he said.
This interview was filmed on May 1, 2024.
#Investing #Mining #Gold
0:00 – Intro
0:27 – Gold to lead other metals higher
5:08 – M&A trends in the mining industry
9:12 – “Dr. Copper” and the global economy
13:02 – How to play the natural gas sector
19:02 – When will hated gold stocks perform?
26:09 – Now is the time to get busy
28:30 – Outro
________________________________________________________________
Investing News Network (INN)
Find out more about investing by INN @
https://investingnews.com/
Browse our 2023 outlook reports:
http://bit.ly/3JHyR1M
Follow us Facebook:
https://www.facebook.com/investing.news.your.trusted.source
Follow us on Twitter:
@INN_Resource
________________________________________________________________
The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
source
