Jeff is a real PM stocks expert. I think GOLD & SILVER & Uranium stocks will do extremely well but we have to wait for the ‘’waterfall’’ moment before buying these stocks …
@thomasskelton15552 жыл бұрын
Bought gdxjeff basket early Feb and was up 25% or so. Hurting now but the conviction is still there
@martinjdesmond2 жыл бұрын
When I watched Jeff Clark's interview back in February about his 10 favorites, I decided to put in bids for 8 of those junior miners with a typical amount of approximately $500 per company. I put in buy options that were anywhere from 25% to 30% below their current prices. Over the next several months, seven of those 8 bids were filled. What I find interesting is that many of those stocks are down anywhere from 15% to 30% from the time that I bought them.
@larrywhite23352 жыл бұрын
Inflation kills all small companies.
@larrywhite23352 жыл бұрын
Go with the largest most cash rich companies. Same with stock in general. Time to hunker down
@stuartmoore6310 Жыл бұрын
"We are speculating when we buy stocks." J.C.
@entanglemententropy62272 жыл бұрын
Thanks Adam and Jeff. This is a perfect combination: The best interviewer on KZbin along with one of the most honest and straightforward precious metals experts around.
@johnbirman58402 жыл бұрын
Bought 2008 Gold at 835 oz. approx yearly gain to now 6% (rule of 72) IF the Markets do have a big drop - like 2008, Gold will drop too. In my opinion this is NOT a buying opportunity.... yet. “It’s not so much What you Buy, it’s What you Pay!”
@user-99.992 жыл бұрын
Another great interview with Jeff. Super interesting especially considering what Jeff feels are good buys at the moment considering where everything is at and even where his previous predictions are at. Great hard hitting questions form Adam as usual. Thanks! Thanks!
@danielchristopher29332 жыл бұрын
Ohhh the genuineness of Mr.Jeff.
@jverderber2 жыл бұрын
Energy costs are hurting everyone especially the miners who rely on diesel
@susanwhite58392 жыл бұрын
Excellent presentation. Thank you gentlemen. Aussie gold stocks are very cheap.
@stuartmoore6310 Жыл бұрын
I'm no Financial expert but it seems to me that in the everything bubble, when the bubble bursts everything collapses. And the bigger the bubble the bigger the collapse. It would not surprise me if everything goes down 40 to 50%. Maybe wait til gold hits 1,200 bucks an ounce before thinking about buying physical again. It's quite possible that silver may hold up as it has more industrial usage. But China needs to open its doors again. If they don't the floor drops out from under silver as well. It's time to cash out of everything and keep the powder dry for the buying opportunities after the 50% drop.
@DanTheQueasy-Fisherman2 жыл бұрын
Jeff Clark and Mike Maloney is always great!
@wydopensports83352 жыл бұрын
Thank you!
@cultofaction89382 жыл бұрын
Jeff makes a strong case for PMs as a value investment, but I'm very skeptical about buying into metals and miners while we have big QT headwinds and uncertainty about how the Fed will play their hand.
@TheCJUN2 жыл бұрын
QT is transitory.
@markmcdonaldmd23082 жыл бұрын
Excellent interview Adam. Thank you.
@tgwtom2 жыл бұрын
I sold large Newmont @ 80.02$ after years and have not re-entered. Speculation I Own Fury and TierOneSilver spun off from Auryn and doing poorly.
@larrybarken84432 жыл бұрын
Great interview Adam Jeff is great to listen to.
@NeuroPulse2 жыл бұрын
I wonder what Jeff's thoughts are on what happened with Pure Gold Mining. I lost about 5% of my miners bucket on that.
@AgoristsAxioms2 жыл бұрын
I miss Mike, Jeff and Adam doing their trio segments all together
@donnaryan75982 жыл бұрын
Does the fact crude is more expensive than gold be a reason why gold is down? Scouting, Extracting and Processing equipment costs more than gold itself?
@andrewm67862 жыл бұрын
Personally, I don't think it's time to be thinking about precious metals until the fed capitulates. I think Gold could go way lower before then, particularly if there is a bottom where VIX spikes. Could easily see 16xx. And that's at least 3 to 4 months out or more.
@tomm98172 жыл бұрын
I bought Jeff’s suggested basket of stocks last time he was on Wealthion. Has gotten slaughtered so far. Ouch!!
@chrispaul11172 жыл бұрын
XME out performs GDX...
@jamesc57292 жыл бұрын
Yep now time to DCA
@thomasskelton15552 жыл бұрын
Me too homeslice. Worry not.
@thomasskelton15552 жыл бұрын
Hopefully the institutional money in American residential real estate are looking for undervalued assets to move into...
@nengnengnengable2 жыл бұрын
Me too I lost 40% across those stocks buying his basket
@janglodzak50492 жыл бұрын
perfect discussion with hands on metal stock analysis. I`d be happy to have more such practical inputs/bonus videos for also other general industries like commodities, general stocks, energy...
@mattanderson66722 жыл бұрын
Thank you guys
@elendilnz2 жыл бұрын
Hi Adam, I’m happy. Thank you 😁🌹
@nickt0070072 жыл бұрын
What a fantastic discussion of the issues connected to miners. Thank you so much. The only thing I would add to the discussion is jurisdiction. It's more important than ever, and if money comes in, it will favour those miners even more.
@peacefulprepper24022 жыл бұрын
If the Dollar goes stronger, Gold goes down. The FED is going to continue to tighten. If China begins to have more bank problems the Chinese people will buy Gold to protect against the YUAN going down against the dollar. Not a good time to try to forecast Gold and silver. Too many Geopolitical wildcards. Too many banking concerns. Good luck everyone.
@Johnnymoo19692 жыл бұрын
Precious metals at 5% of portfolio - safe allocation and plenty of upside if a return to some form of gold standard or inevitably more fiat printing
@dw5662 жыл бұрын
Awesome video! I needed a little reassurance that I'm on the right track. Thanks Jeff & Adam.
@sas65612 жыл бұрын
Gold developers are super scarce! ... The legitimate developers with proven reserves are sitting pretty as the tedious process of permitting unfolds. There are not enough mining companies and especially not enough developers, so simple math tells us that a positive reckoning of the true need of gold development will be illuminated to the buying market soon enough. (6 mos to 1 1/2 years)
@UnspokenWords20102 жыл бұрын
So that makes now the time to buy precious metals.
@AmyHerrickadoptusplease2 жыл бұрын
Does anyone know how I can get Jeff Clark personal newsletter????
@rhwinner2 жыл бұрын
Miners always crash with the market, but have a quicker, more explosive recovery.
@originalfred662 жыл бұрын
As with pretty much every sector of the market, you must get the timing right. You cannot be a perma bull on anything. It is great if you can identify good gold stocks, but if you buy them at the wrong time, you will lose money. The fundamentals are great for gold as the cost of mining keeps increasing. Gold miners, on the other hand, must pay for the increased costs in addition to suffering from declining grades. Gold has proven to be a much better investment over the long term than gold miners. If you are unable to time the market, you have no business buying gold stocks. Gold stocks are for people who can time them. Physical gold is for long term wealth preservation.
@thomasskelton15552 жыл бұрын
As always, thank you Adam and jeff! great interview
@joannemeeks7452 жыл бұрын
As we have seen in the past, sentiment can go wild in prescious metals when the time is right.
@hpiccus2 жыл бұрын
20 minutes into his talk and I hear no reasons for price to rise.
@entanglemententropy62272 жыл бұрын
Why can't a big hedge fund just come in an buy up all the silver or silver miners? Indeed this question gets asked often. Regarding silver the answer is that if a big hedge fund does decide to do this they will most likely, inadvertently end up buying paper rather silver. Paper will either be in form of the SLV ETF or warrants on silver in Comex vaults. When investors get "steered" into these synthetic "assets" no real actual silver gets pulled off the market ... so of course as a result the hedge fund doesn't move the needle on price. If the hedge fund tries to redeem from SLV they will be told they are not permitted to do that. If they try and "load out" on comex then according Luke Grommen they will promptly get a visit from some federal tough guys with a warning "don't do that", remember what we did to the Hunt brothers! This is likely exactly what happened to Warren buffet many years ago ... he was told to back off. While this may sound like a "conspiracy theory" it is almost certainly considered a national security threat by some corners US government that actually understand precious metals. There are probably some similar shenanigans going with the miners. For example why is GDX almost perfectly correlated with comex silver, as pointed out by Craig Hemke? PM investors need to understand this before getting too embroiled.
@johnbirman58402 жыл бұрын
If something can be manipulated- it will. Politics/Money Rule#1
@AC-awesome2 жыл бұрын
He'll be saying the same thing until, eventually, he is right.
@DavidSmith-eh7rs2 жыл бұрын
Correction. Until, eventually he is right about the price action. He is currently right about the fundamentals.
@wildmountainsky2 жыл бұрын
I have a tax question that I hope someone can answer. Is the following statement accurate? "Gains from investments in physical gold and physical gold ETFs outside an IRA are taxed as collectibles. If a gold investment is held more than one year, any gain is taxed at the SAME RATE AS ORDINARY INCOME except with a maximum tax rate of 28%." Thank you!
@shaileshparikh69202 жыл бұрын
I continue to see references to "GOLD" in terms of physical metal and PM equity. I wish it is correctly referenced. I am baffled by Jeff's assessment that gold will go up, even in the scenario of expected recession [by many reputabe guests on this channel]+ Fed's commitment to raise interest rate. I bought basket of GDX jeff after his recommendation and at lower price and I am still in hole. Getting bit nervous in the event of liquidity crisis.
@frankblangeard88652 жыл бұрын
At least 2500 metric tons of gold are being mined each year worldwide. In just eight years of mining that would equal the amount of gold reserves owned by the U.S., Germany, Italy, France, Russia and China combined. The U.S. supposedly owns 8100 tons of gold reserves. That's about three years of worldwide gold mining. There are two ways of looking at this: 1) the world doesn't really have much gold 2) the world supply of gold is increasing rapidly.
@jonroberts24452 жыл бұрын
There is a third way of looking at it, to acknowledge that central banks currently own a relatively small amount of the total gold in the world. In fact only around 17%, according the World Gold Council. Around half the gold ever mined in the world is currently in jewellery.
@andrewm67862 жыл бұрын
That's interesting. Can you provide a data source for that ?
@frankblangeard88652 жыл бұрын
@@andrewm6786 Yes. Google. Try it.
@mikegollihugh79922 жыл бұрын
Turn up the volume!! Noone can hear this thru headphones, used to watch your show everyday, but don't anymore, cause I can't hear you or your guests thru my headphones...
@derkong71142 жыл бұрын
The greater the logical argument for Gold to rise in price the further it will fall...
@JP54662 жыл бұрын
I like Jeff, but nothing significant going to happen with PM prices until the financial system blows up and/or the USD becomes worthless. When the stock margin calls come, that will smash PM prices.
@RobTomp2 жыл бұрын
Adam, why on earth do you not ask Jeff (and other people who claim to be experts on gold and silver) whether there is manipulation of the gold and silver prices by banks like Bank of America, Citibank and other massive banks? It is absolutely RIDICULOUS to not understand that there is obvious manipulation and to not discuss this.
@HouseofTheRisingFunk2 жыл бұрын
GDX consistently outperforms Barrick so go figure
@johnbutler31412 жыл бұрын
Big sell of in gold futures contracts yesterday.
@neilshahndynasty.88822 жыл бұрын
Buy Silver & Platinum .
@peterjackson40682 жыл бұрын
The second chart is rather misleading.
@thomaswalker26922 жыл бұрын
Sorry, fool me once, shame on you, fool me for ten straight years…. I’ve been listening to Jeff, Adam and Mike pump PM for a decade. I bought in pretty big and haven’t made a dime. Yet I’ve never heard these guys say a bad word about PMs. Every video for a decade or more says it’s time for gold and silver to explode, lol.
@eileenmcgovern91932 жыл бұрын
Just like real estate agents…always a good time to buy.
@saucyrossy36982 жыл бұрын
Theres constantly some bullshit reason why gold doesnt do what the goldbugs says its going to do. Its always “later”….
@Paul-Coburn2 жыл бұрын
Adam tell Dabney I said Hello ;-)
@Pelican50772 жыл бұрын
To invest in junior resource firms one needs to adopt the barbell theory of investing. On one side hold cash, short term treasuries, and physical metals. On the other side, all speculative bets. Nothing in between and you must be able afford to lose every speculative bet. But if one or two actually perform you can make a ton of money. But you have to understand the risk.
@slowmoney55672 жыл бұрын
Stick to the majors and if you must speculate with a small amount then don’t do it on a non operating junior with an in ground resource that’s marginal at best and which they have been sitting on for years. They are never going to the moon. Never. The real speccies with 20 bag potential are ones drilling out new ground. Degrey a good example now with 10 million ounces in ground at 1.2g/t all open pittable.Another, S2R, has rite to exploration lease totally surrounding Kirkland lakes Fosterville mine, one of the richest currently producing gold mines. Do your own research though.
@joannemeeks7452 жыл бұрын
On target, your most timely video.
@peacefulprepper24022 жыл бұрын
Any currency backed by commodities will be volatile and easily manipulated.
@HS-lt8eu2 жыл бұрын
Sorry, not as informative as some of the other guests on Adam's show. Most of the believes were backed by anecdotes or special days of the year rather than sound reasoning or data. How does your conviction in gold differ from Wood's conviction on tech? Disclaimer I am not a fan of Woods. I am a fan of this channel.
@mcfrog2 жыл бұрын
Right? Right? Right? Right?.........
@NefariousEnough2 жыл бұрын
Mines will be closing at an alarming rate. Supply far exceeds demand and most of these miners aren't equipped to continue exploring. I wouldn't consider silver miners for at least a decade.
@stuartmoore6310 Жыл бұрын
Except that there are few pure silver miners. As I'm sure you know, or if you don't you do now, most silver comes as a byproduct of mining base metals like copper zinc lead, etc. And gold.
@deltaskyhawk2 жыл бұрын
Pull my chain one more time! Lol.
@Voltaire72 жыл бұрын
Buy gold! Period.
@Milo-nz5gf2 жыл бұрын
Fully concur with the premise that big players & guvments will move to secure their physical supplies of silver; I guess I am surprised that they haven't MOVED yet!?!? For god sacks man...you better get busy...LOL :o)
@stellancnn94902 жыл бұрын
while all my friends are purchasing 25,000$ cars 200-500$ shoes and 1.2k-3k shoes I'm saving my Bitcoin wallet in a grown company and reading books like rich dad poor dad and I even took a coding class
@sisterbrothers16772 жыл бұрын
Once a goldbug, always a goldbug. It's like a cult. Same like the crypto fanboys.
@P37RU52 жыл бұрын
not really, I was a gold bug once. not anymore. Still, I made more gold in long term than I did with stocks
@chrispaul11172 жыл бұрын
ahh yes,, the die hard gold bugs.. One problem is your not wearing your tim foil hats at all times....🤣 Actually the silver bugs are more deluded.. Yeah,, hold some physical PMs, But as an investment.. Its a buzzkill. Mining is a terrible business..
@jamesc57292 жыл бұрын
Yet absolutely necessary
@UnspokenWords20102 жыл бұрын
It's a long game, and a sure thing.
@jasboyh95862 жыл бұрын
Gold silver copper cannabis say no more.
@davidconstantinfit2 жыл бұрын
Dude what happened to maple gold. Absolutely clobbered bb
@massonh74762 жыл бұрын
Jeff’s prediction didn’t age well 🙄
@con25122 жыл бұрын
If you want to be poor follow this guys advice
@HDCybersun2 жыл бұрын
This market doesn't make sense, and I see this same narrative parroted on my channels/content creators for getting precious minerals. This is a hard hell no from me. I'm sticking with cash. Right now if you're in the market for any reason you're just gambling.