Episode 181: BRICS Nations Buying Silver for Currency Reset?

06/04/24 • 51 min

Vince and Jordan recap May by talking about the economy and Gold against the 60/40 portfolio and the stock market. Vince covers the investment banks who are expecting rate cuts over the coming months, India's massive Gold buying in Q1 and the increased buying from BRICS in Silver.
0:00 Intro
1:05 May 2024 Recap
4:30 Investment Banks on Fed Easing
15:10 Gold vs. 60/40 Portfolio
23:30 Gold vs. Stock Market
26:10 India Huge Gold Buying in Q1
30:00 BRICS Take Turns Buying
35:00 What is Driving Silver Higher
46:00 Silver Part of BRICS Reserves

Previous Episode

Episode 180: GoGold Resources is One of Most Undervalued Silver Companies

Brad Langille, founder & CEO of GoGold Gold & Silver provides an update on the company's permitting status to build a mine at Los Ricos South. He also outlines the plans for the Los Ricos North project and the strong exploration potential at depth at Los Ricos South.
0:00 Intro
1:20 Mexico Permitting Discussion
6:20 Is Risk in Mexico Fully Discounted
8:30 Does a Metals Bull Market Change Politics
11:05 Transition After Election in Summer
14:30 Los Ricos South Feasibility Study & Construction Period
17:00 Silver Companies Producing 10M oz Ag-eq/Yr
17:50 Plan at Los Ricos North
21:00 Exploration Potential at Los Ricos South
28:00 Brad Final Comments

Next Episode

Episode 182: Rick Rule: Gold Price over Next 5 Years Will Truly Surprise People

Rick Rule provides some history lessons on juniors in the 1960s and 1970s and shares his current thoughts on developers, producers and explorers. He mentions several stocks in passing and informs us on his most recent buys.
1:20 Juniors in the 1960s
8:30 Lessons from 1960s and 1970s
11:05 Rule Symposium 2024
17:00 Gold & Silver Sentiment Update
18:35 Gold & Silver Stocks
21:20 Developers
23:15 Producers
27:20 Explorers
33:00 Last Stock Rick Bought
35:25 Strategy Change vs. 12 Months Ago