Lyn Alden, Dr. Quinton Hennigh and Michael Oliver return as guests on this week’s program.
Gold and Silver miners are the only non-financial sector in the S&P 500 that has been generating real positive free cash flows. Yet the value orientated gold shares are not performing anything like growth stock sectors, including IT. Lyn believes the tables may now be turning in favor of value stocks over growth stocks, in which case gold and silver miners should be nearing the time for their next major breakout. Lyn explains the drivers for value stocks as well as those for growth stocks. It will also be interesting to get her latest views on Bitcoin and crypto currency in general, and how she views those “growth” stocks relative to precious metals and energy stocks in general.
The major gold and silver miners that are producing strong profits are however running out of ore so they will need to find new large-scale deposits. One company that is showing early signs of a major gold and silver discovery is Eskay Mining. Dr. Hennigh provides an update on that company’s exploration progress, hopefully with some of the latest drill results. Michael provides his usual insights into stock and bonds markets with a focus on the precious metals markets.
