“We think the Fed will actually have to step in, reverse course, and start QE all over again to be the buyers of these bonds,” says Rudi Fronk, chairman and CEO of Seabridge Gold. And he believes when that happens, gold will be bullish. He also predicts that there will be two more waves of inflation that will cause gold to have “its biggest moves on a historic base.” Rudi also explains why gold stocks are cheap despite the healthy environment gold miners are in. “I think a lot of it is self-inflicted,” he says. Plus, he stresses that the major global companies historically “have not been very good allocators of capital” and “tend to do their acquisitions at market tops… then sell projects at market bottoms.” “They continue to increase their share count without offsetting that dilution with either reserves or production or other measures that would lead to higher share prices,” he concludes. Watch the interview to learn more. Check out our colleague John Doody’s work at http://GoldStockAnalyst.com.
#stockmarket #gold #investing #finance
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Chapters:
00:00 Sentiment on overall economy
2:47 Gold price
3:31 Seabridge Gold
5:26 Seabridge’s selection criteria for picking a partner
6:36 Gold stocks are cheap
7:24 Takeovers and takeunders decisions
8:45 Fed decisions and gold price
10:30 Silver
21 Comments
Wrong Gold is number 2, Silver by far number 1!
So says a gold miner….right.
Sick of hearing about gold to break out, gold to soar. I have still got it; a financial newsletter item from 2001 just post tragic 9/11, Gold to soar to $12,000 within 18 months. Oh yeh, right. Now; Ukraine war, Taiwan, BRICS, central banks allegedly buying gold up the ying yang & gold is DOWN over the last 3 years. Even 'more now' the appalling events in Israel/Gaza & what does gold do 'rockets up' a paltry 25 bucks from Friday to Monday but is now falling. These gold 'experts' aren't worth the material their suits are made out of.
the goofy intro ads are soo goofy they're most like a parody how can anyone take them seriously?
the award to the most used word expression this year will go to "canary in the coal mine"
Gold price is flat for the year meanwhile Bitcoin is up 72%. Gold has competition.
I wish I just had a penny for every time I heard Gold and Silver prices and stock prices were going to soar! I would be rich, instead I mis allocated my capital and lost in my opportunity cost by putting money in this shame sector!
Great show with alot of truth and insightful guests but like Peter Schiff they use the fear porn narrative to sell thier product and profit on the coming chaos…
Your gold will be worthless when CBDCs start rolling out and big brother has unfettered access to all your accounts…Seems like a double standard Danielle !.
Stopped listening at $3000 gold at the end of the year. NO CHANCE! I've heard this nonsense so many times before. No credibility.
Gold does not change in value. It is the value in the currency against which it is measured that changes. With the decline of the dollar more will be needed to buy an oz. of gold. It’s no use being a dollar millionaire if a dollar buys you the same as 5c today.
Sorry, the sound is so low I can't listen to that – you need to work on the mics…
My son is an expert at block cave copper/gold mining
Seems like she rushed him outta there. Odd
Good show
The Gold pumpers will eventually figure it out when gold is priced in Bitcoin.
Gold bugs claim the gold price is being manipulated. If true why can't it continue to be manipulated?
You are still young enough to get a job with a respectable firm. Look around.
Thank you for mentioning silver as little tiny bugs appreciate that❤
Very interesting interview Daniela thank you, but surely we have heard this predicted price hike in gold for sometime now. Plus of course, your very knowledgeable guest speaker has a vested interest in predicting the rise in gold price. I have to ask the unanswerable question, when?
Why the conferences are so expensive to attend.? Greetings.
These gold companies also exploit indigenous people. Never forget that.