Published On Jan 25, 2024
Adrian Day of Adrian Day Asset Management shares his outlook for gold and gold stocks in 2024, explaining why there's a disconnect between them. He also discusses when gold stocks may catch up to the yellow metal.
"We've been through this so many times in the past — gold stocks can languish for a long time. And then when they take off, first of all they take off suddenly, and secondly the returns are dramatic," he said.
This video was filmed on January 22, 2024.
#Investing #Mining #Gold
0:00 - Intro
0:26 - Fed, interest rates and inflation
4:45 - Stock market and recession outlook
8:23 - What are other central banks doing?
10:41 - Gold price performance in 2024
13:19 - Gold stocks due to break out
18:09 - Outro
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