Episode Details
| Title | Gold Stocks Are Undervalued | Imaru Casanova (VanEck Fireside Chat #4) |
|---|---|
| Date | 9/6/2024 |
| Podcast | Forward Guidance ↗ |
Key Insights
Bullish:
- 🟢 $GOLD - Gold is seen as a strong investment due to geopolitical tensions, central bank buying, and potential for significant price increases driven by investment demand.
- “The setup has been right for gold for a while in my view. As gold is viewed as a safe haven, no doubt the recent geopolitical tensions around the globe have no doubt been supportive of gold.” - Imaru (0:03)
- “Gold has also been strongly supported by central bank buying. And that, again, we think has been a strong central bank buy and began in 2022, really in the 2nd part of 2022 after the invasion of Ukraine by Russia.” - Imaru (0:03)
- “If you get that just that investment demand, which, you know, obviously, we could exceed that depending what environment we're in. But just getting back to those peak levels of Global Mobility TF Holdings could mean to gold another 3, $400 per ounce from here.” - Imaru (59:01)
- 🟢 $ALAMOSGOLD - 🔒
- 🟢 $GOLDMINERS - 🔒
- 🟢 $GOLDSTREAM - 🔒
- 🟢 $SILVER - 🔒