17 min listen
What it Will Take for Mining Stocks to Soar - the Resource Maven (Gwen Preston) #5509
What it Will Take for Mining Stocks to Soar - the Resource Maven (Gwen Preston) #5509
ratings:
Length:
21 minutes
Released:
May 23, 2022
Format:
Podcast episode
Description
Summary: The price of gold has been resilient considering what’s happening in the markets, and the mining sector has been thrown out with the growth stocks. Will the mining stocks start making money any time soon? I sit down and chat with Gwen Preston, known as the ‘Resource Maven,’ and she explains how investing methods have largely shifted as a result of the pandemic. With the prevalence of big tech stocks and the impact on the US dollar, the metals have taken a hit. Is there a light at the end of the tunnel? Tune in to find out. Highlights: -Gold has done well considering the impact on the US dollar -Gold is getting a safe haven bid -From the pandemic to the end of 2021, gold got good bids -A billion dollars flowed out of mining stocks; the broad markets were still doing what they’ve done -Big tech stocks performed well during the pandemic due to people staying at home and relying more on technology -Have cryptocurrencies messed up people’s attention spans and caused a lack of future planning with investing? It seems that the cycle is out of touch with conventional/current investor expectations and timing -Some people who haven’t had to learn the bad lessons (such as those back in 2009) may learn their first one now -Finance has been reduced down to apps Useful Links: Financial Survival Network Resource Maven
Released:
May 23, 2022
Format:
Podcast episode
Titles in the series (100)
Welcome Back To The 1970's - "Transitory" Inflation - Dr. Michael Busler #5156: The 1970’s Are Back, With Inflation, Gas Lines, And Presidential Fiddling Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department... by Financial Survival Network