This interview was recorded on 12/20/2024. In this conversation, Gary Bohm and I delve into the current economic landscape, discussing inflation, market dynamics, and the state of precious metals and mining stocks.
We also analyze the discrepancies between government-released economic data and the reality observed in the private sector, emphasizing the ongoing challenges in the economy. The discussion also covers the implications of recent Fed policies, insider trading behaviors, and predictions for the future of the stock market and gold prices.
The mining stocks have experienced a big pullback after GDX (NYSE:GDX) ran up 71% between February 28th and October 21st. This has created very attractive levels in many mining stocks to either start a position or add to an existing position. My Mining Stock Journal offers insights into the precious metals. While I focus on the junior project developers because they offer serious alpha, I also recommend several mid-cap mining stock that I believe are very undervalued relative to their peers.