Dovish Powell Delivers Tailwinds For Gold & Silver, Junior Mining Rundown: AE, BIG, DV, and PEX
Friday morning, Fed Chair Powell Delivered A Decisive Pivot & Set The Stage For A Protracted Monetary Policy Easing Cycle
In this week's video I discuss Fed Chair Powell's Jackson Hole speech and why the Fed is set to ease aggressively over the next year. Central bank monetary policy easing in combination with a highly contentious US election season and global liquidity tailwinds offer a compelling backdrop for further gains in gold & silver.
I also delve into oil services stocks, medical psychedelics, unusually high short interest in MindMed, and why NVDA could be set-up for a sell on the news after earnings this week. The video concludes with a junior mining news rundown including American Eagle Gold, Dolly Varden Silver, Hercules Metals, and Pacific Ridge Exploration.
Disclosure: Author owns shares of some companies mentioned including AE.V BIG.V DV.V MNMD PEX.V and PRIZ.CA author may choose to buy or sell shares at any time without notice. Pacific Ridge Exploration and Prismo Metals are sponsors of Goldfinger Capital.
DISCLAIMER: The work included in this video is based on current events, technical charts, company news releases, corporate presentations and the author’s opinions. It may contain errors, and you shouldn’t make any investment decision based solely on what you read here. This publication contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. This video is provided for informational and entertainment purposes only and is not a recommendation to buy or sell any security. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Junior resource companies can easily lose 100% of their value so read company profiles on www.SEDAR.com for important risk disclosures. It’s your money and your responsibility.