Negative Interest Rates to Send Gold Where?! | Angel Research Podcast Ep. 36
Founder of Junior Mining Trader and editor of Outsider Club Luke Burgess joins the Angel Research Podcast to discuss the state of the gold market, the U.S. dollar, declining ore grade in the mining space, and the investment opportunities arising from these events.
Baltimore native Luke Burgess sums up his investment success in six words: "Rational Thinking in an Emotional Market." Luke is a gold bug, but he is unlike most others. In fact, he outwardly objects to even being labeled as such. With a more levelheaded approach to precious metal investing than the traditional "gold bug," Luke Burgess has proven that rational thinking in a largely emotional market can be incredibly profitable.
That Time I was Completely Surrounded by the Former USSR President (The Mikhail Gorbachev story): https://www.outsiderclub.com/that-time-i-was-completely-surrounded-by-the-former-ussr-president/111701
Join the conversation on our Discord channel! Chat about the latest market news and opportunities with the editors and fellow fans of Angel Investment Research Right here: https://discord.gg/ckjBBvkfys
Episode Highlights
00:00 Introduction
01:21 Luke Burgess & Why He Likes the Resource Space
02:44 How Has Gold Performed So Far This Year?
04:49 The Turning Point for Gold - Negative Interest Rates to Send Gold Where?!
07:55 The Quality of Ore is Declining
11:13 Investment Opportunities Arising
14:39 Heavy Consolidation in the Gold Industry
19:00 Phosphate: The Good, the Bad, the Profitable
24:11 Copper Ore Grade, Opportunities, and Closing Thoughts
#negativeinterestrates #goldprice #angelresearchpodcast
Disclaimer: We do not provide personal investment advice. Forward-looking statements and projections are subject to change and may be inaccurate. All investing carries risk. Be smart out there. And good luck.