Adrian Day: "Extremely Rare" Gold Stock Opportunity Won't Last

Adrian Day of Adrian Day Asset Management explains what factors are behind gold's price rise and why gold stocks haven't performed as well as might be expected. He also shares his thoughts on when they'll move higher.
"I think when companies start to report their second quarter earnings later this month, we're going to start to see some very attractive cashflow numbers - better than the first quarter, and better than the year-ago comparisons," he said. "I've got to think that investors, when they see two back-to-back quarters of strong cashflow numbers, are going to start to look at these companies."
Adrian Day's website: adrianday.com/
This interview was filmed on July 9, 2024.
#Investing #Mining #Gold
0:00 - Intro
0:25 - What's driving gold's price rise?
5:01 - Eastern buying, western selling
8:17 - Economy continuing to crack
14:16 - When will the Fed cut rates?
20:13 - Very rare gold stock opportunity
26:30 - Outro
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Пікірлер: 43

  • @InvestingNews
    @InvestingNews21 күн бұрын

    ❓Do you think gold miners' Q2 results will attract mainstream attention? Tell us in the comments!

  • @InvestgoldUK
    @InvestgoldUK13 күн бұрын

    Adrian is one of the rare ones who was there from the 1970s so understands the cycles better. Always worth a listen to.

  • @feedbackolymp546
    @feedbackolymp54620 күн бұрын

    I like to listen to Adrian Day. Thank you very much. Greetings from the bavarian Alps, Feedback

  • @victorward3590
    @victorward359025 күн бұрын

    Thanks Charlotte!

  • @frankarena838
    @frankarena83825 күн бұрын

    Adrian Day is THE gold stocks man!! Thank you both.

  • @derspreewalder2286
    @derspreewalder228625 күн бұрын

    Thank you Charlotte for the interview with Mr. Day and his expertise.👍👍

  • @dassa0069
    @dassa006925 күн бұрын

    Thank you Charlotte and Adrian.

  • @Wolf9of9Odin
    @Wolf9of9Odin25 күн бұрын

    What a treat to listen to Adrian Day and Charlotte! Very good interview! I'm very excited, the last 2 days an explosion in the miners!

  • @johntynio3416
    @johntynio341625 күн бұрын

    Mr. Adrian Day, a 50% move upward in gold stocks is not enough for gold stockholders to even get their money back in a lot of cases! I don't believe the price of gold has risen in proportion to its demand this time around! If that starts to happen, it will be yet another great factor in price movement! Thank You Charlotte McLeod, Adrian Day, and Investing News!

  • @KeepOnTheRightPath

    @KeepOnTheRightPath

    25 күн бұрын

    Mid-tiers are doing alright and I didn't buy at the bottom that's for sure. Fortuna Mining is but one example.

  • @briangranger1741

    @briangranger1741

    25 күн бұрын

    you must be talking about jr miners.

  • @johntynio3416

    @johntynio3416

    25 күн бұрын

    @@briangranger1741 Exploration Companies!

  • @johntynio3416

    @johntynio3416

    25 күн бұрын

    @@KeepOnTheRightPath Exploration Companies that can go stellar, have gone down to the cellar! But yeah, some bigger producers have inched up! Thanks!

  • @briangranger1741

    @briangranger1741

    25 күн бұрын

    @@johntynio3416 inched up?? LOL more like 50% + gains for me ( I bought last year)

  • @brettbielawski9847
    @brettbielawski984725 күн бұрын

    Great informative discussion!

  • @dorningarts
    @dorningarts25 күн бұрын

    Excellent as always Charlotte

  • @KokayMate
    @KokayMate25 күн бұрын

    Excellent! Thank you Investing News.

  • @jmwSeattle
    @jmwSeattle25 күн бұрын

    Wow you must be important to get an in person interview or is this some marvelous video simulation!

  • @danoneill2846
    @danoneill284625 күн бұрын

    yep

  • @dassa0069
    @dassa006925 күн бұрын

    Royalty company earnings will be awesome for the current earnings period, period.

  • @srenbruun7812
    @srenbruun781225 күн бұрын

    Today he was gentle to you) Good)

  • @dassa0069
    @dassa006925 күн бұрын

    Are family offices selling their bullion ETFs to buy royalty companies and miners?

  • @JHatLpool

    @JHatLpool

    25 күн бұрын

    I hope so !

  • @alexandermills382
    @alexandermills38224 күн бұрын

    What is the name of the Gold miner he mentioned at 27:37?

  • @frankyancy1347

    @frankyancy1347

    24 күн бұрын

    Agnico Eagle. I owned it 40 years ago...still one of the best. Also consider the other majors, GOLD, Newmont. And take a look at BTG, it has no debt building a major mine in the north, does have some mines in iffy places, but it's down from a high of $5 to 3. And pays a nice dividend.

  • @Vokinov
    @Vokinov23 күн бұрын

    Please fix the persistent problem with sound in your recordings. Your voices are so distorted that they sound like they were generated by a synthesizer.

  • @KeepOnTheRightPath
    @KeepOnTheRightPath25 күн бұрын

    Keep hearing we're in a multi-year gold bull market so why is he saying the opportunity won't last? Doesn't add up.

  • @briangranger1741

    @briangranger1741

    25 күн бұрын

    he means for huge gains like 75% instead of the 25% that people who wait till end of year will only get. pretty simple math.

  • @DDoubleU8001

    @DDoubleU8001

    25 күн бұрын

    It kind of makes sense. Because the gold/silver stocks right now are VERY undervalued relative to the current underlying metal prices. Once the gold stocks adjust upwards, such that they are fairly valued with respect to the metal prices, that will be a big part of their ultimate gains in the bull market. Maybe that move represents 2X or 3X in the next 2-3 years. Then after that, say there's another 2 years left in the bull market, for that time period, maybe they only rise an additional 30% - 50% as investors anticipate the end of the bull market. Of course I'm just making up numbers and timeframes as a rough scenario. So I think he's saying that you want to get in while mining stocks very significantly undervalued if you want to see some potentially massive gains.

  • @briangranger1741

    @briangranger1741

    25 күн бұрын

    @@DDoubleU8001 2x over the next 2-3 years is very realistic for some miners. anyone who is bullish gold should look into mid cap or large cap miners. Jr. miners is a whole other job and requires a lot more time and deep dive research. best to stick with mid cap and large cap who pay out 2% -5% dividends.

  • @rickhayes-oh2zm
    @rickhayes-oh2zm25 күн бұрын

    buying it so they can sell gold when gold goes up. That is what India does

  • @darinthesecularspiritualist
    @darinthesecularspiritualist23 күн бұрын

    Buying silver eagles is better than some digits saying i have some ownership of a mining company. The stocks trade in confetti.

  • @abrahams.lincoln6749
    @abrahams.lincoln674925 күн бұрын

    Powell will forever be remembered as another Arthur Burns. 🇺🇸

  • @jerryantonies5334
    @jerryantonies533424 күн бұрын

    Investors in America (western) are still concerned about paper gold short manipulation. China has been taking delivery of the gold which is upsetting the administration because they are losing control of gold prices first time in 80 years. BRICS will control the price in the future. Looking at crashes in many investments gold to $6500.00 sooner than later.

  • @desislavdinkov854
    @desislavdinkov85425 күн бұрын

    I adore your interviews with mr Adrian Ray ,so sweet .Is there anything more sexy than beautiful smart women ?❤

  • @trailguy
    @trailguy24 күн бұрын

    A broad brush, maybe, but after you say the Chinese like to invest in gold you can certainly say they like to eat rice, lol. Some people might call it racist but it’s also correct, or at least generally true and in any instance a safe bet. More of them probably like gold and rice than the CCP.

  • @rsouthworth
    @rsouthworth25 күн бұрын

    Beers?

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