Gold Stocks at 52-Week Highs - Bizarro World 277 episode artwork

EPISODE · Jul 23, 2024 · 36 MIN

Gold Stocks at 52-Week Highs - Bizarro World 277

from Bizarro World

Investing in Bizarro World Episodes: https://youtube.com/playlist?list=PLIAfIjKxr02sAztzlJNy1ug5bDvTVZkME&si=w2d_EF-B5jMo1dYD Subscribe to Investing In Bizarro World: @bizarroworld Gold mining stock ETFs are at 52-week highs. (This one in particular has doubled since March.) Check it out here: https://digestpublishing.com/v/JRMGOLDHL1/It was only four months ago they were at 52-week lows. Such are the swings in mining, and particularly in junior mining. The ups and downs can be emotional and require guidance. That’s where we start our discussion in this week’s episode of Investing in Bizarro World.From there you get a metals and mining stock recap, including gold, silver, copper and lithium. This comes as a September rate cut gets fully priced into the market and gold has broken back out above $2,400 with new all-time highs in reach. It may not just be declining rates and a weaker dollar that is driving gold. There remains significant geopolitical instability and the US presidential situation has moved from farcical to dangerous. We discuss what led to this moment in terms of the Fourth Turning. Then a look at how major utility CenterPoint Energy (NYSE: CNP), which has nearly a $20 billion market cap, handled Hurricane Beryl in Houston. It included resorting to using Whataburger’s app to track power outages because its own app was derelict. From there we do a bit of market watching, which includes a discussion of rate sensitive sectors like utilities and REITs, and how we’re looking at them in Foundational Profits for longer-term capital management. And Gerardo calls out a new uranium discovery made by Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) this month in Canada’s Athabasca Basin. As always, you get your money’s worth this week in the 277th episode of Investing in Bizarro World. 0:00 Intro1:35 Highs & Lows of Junior Mining4:01 Metals Recap15:19 Fourth Turning Update 22:30 Hurricane Beryl & CenterPoint Energy 26:15 Market Watching: Rate Sensitivity & Skyharbour’s Uranium DiscoverySend us your feedback, leave a comment below or send us an email at [email protected] or call 844-334-4700.Visit our website Daily Profit Cycle for more content like this and more! https://dailyprofitcycle.com/

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Gold Stocks at 52-Week Highs - Bizarro World 277

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