David Lin | Central Banks To Restock Gold, $5,000 Price Within Reach | Morgan Lekstrom @TheDavidLinReport | Uploaded October 2024 | Updated October 2024, 11 hours ago.
Morgan Lekstrom, President & Director of NexGold Mining Corp., discusses the drivers for the gold price, the likely price floor, medium term price target, new trends in the mining industry, M&A cycles, and new what to expect from NexGold in the next few quarters.

This video is distributed on behalf of NexGold Mining Corp. (TXSV: NEXG | OTCQX: NXGCF)

*This video was recorded on September 28, 2024

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0:00 - Intro
1:00 - Gold price outlook
5:08 - Gold as money
7:00 - Gold confiscation
8:30 - Holding vs. Trading
9:50 - Inflation vs. Gold
12:00 - Gold price bottom
14:00 - Deficit outlook
17:00 - Declining fertility rate
20:10 - Dow to gold ratio
22:58 - Gold stock-flow ratio
26:00 - Institutional investors and gold
28:45 - Gold stocks vs. tech stocks
34:30 - Gold M&A cycles
36:20 - NexGold management team
41:30 - NexGold’s long-term strategy

#investing #mining #stocks