Gold ripped higher again and the pullback that was supposed to shake out weak hands barely registered. In this Natural Resource Stocks interview, host Andy Millette speaks with Adrian Day, Chairman and Chief Executive Officer of Adrian Day Asset Management, about why the gold bull market remains intact and why this latest pause is not the end of the move.
Adrian breaks down why the correction was so short, what fund flows into gold miners reveal and why high quality producers and royalty names still trade at attractive levels. He explains the real forces driving the cycle including central bank reserve diversification, de dollarization, soaring United States debt and the strong chance the Federal Reserve ultimately resumes large scale bond buying.
The conversation then turns to strategy. Adrian details how he evaluates junior explorers with no cash flow, why people and balance sheets come first and why selling illiquid stocks is about taking the exit when it appears, not when you wish it did. He also covers turnarounds in producers, opportunities in royalty companies and why prospect generators in stable jurisdictions like Quebec can offer some of the best upside once a discovery hits.
If you want a clear, grounded analysis of gold, miners and how to navigate a volatile sector with discipline, this interview delivers. The opinions expressed are solely those of the guest and do not necessarily reflect those of Natural Resource Stocks. #Millettian
Guest links
https://adrianday.co
Host Andy Millette Natural Resource Stocks
https://www.NaturalResourceStocks.net
