Stansberry Research | Return of QE Is Now Inevitable, Gold Prices Set to Soar @StansberryMedia | Uploaded October 2023 | Updated October 2024, 10 hours ago.
“We think the Fed will actually have to step in, reverse course, and start QE all over again to be the buyers of these bonds,” says Rudi Fronk, chairman and CEO of Seabridge Gold. And he believes when that happens, gold will be bullish. He also predicts that there will be two more waves of inflation that will cause gold to have “its biggest moves on a historic base.” Rudi also explains why gold stocks are cheap despite the healthy environment gold miners are in. “I think a lot of it is self-inflicted,” he says. Plus, he stresses that the major global companies historically “have not been very good allocators of capital” and “tend to do their acquisitions at market tops… then sell projects at market bottoms.” “They continue to increase their share count without offsetting that dilution with either reserves or production or other measures that would lead to higher share prices,” he concludes. Watch the interview to learn more. Check out our colleague John Doody's work at http://GoldStockAnalyst.com.
#stockmarket #gold #investing #finance
⭐️ Join Daniela Cambone's exclusive community ➡️ danielacambone.com
➡️ Follow us on Facebook: https://www.facebook.com/StansberryRe...
➡️ Follow us on Twitter: twitter.com/stansberry
➡️ Follow us on Instagram: https://www.instagram.com/stansberry_...
➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stan...
Chapters:
00:00 Sentiment on overall economy
2:47 Gold price
3:31 Seabridge Gold
5:26 Seabridge’s selection criteria for picking a partner
6:36 Gold stocks are cheap
7:24 Takeovers and takeunders decisions
8:45 Fed decisions and gold price
10:30 Silver
“We think the Fed will actually have to step in, reverse course, and start QE all over again to be the buyers of these bonds,” says Rudi Fronk, chairman and CEO of Seabridge Gold. And he believes when that happens, gold will be bullish. He also predicts that there will be two more waves of inflation that will cause gold to have “its biggest moves on a historic base.” Rudi also explains why gold stocks are cheap despite the healthy environment gold miners are in. “I think a lot of it is self-inflicted,” he says. Plus, he stresses that the major global companies historically “have not been very good allocators of capital” and “tend to do their acquisitions at market tops… then sell projects at market bottoms.” “They continue to increase their share count without offsetting that dilution with either reserves or production or other measures that would lead to higher share prices,” he concludes. Watch the interview to learn more. Check out our colleague John Doody's work at http://GoldStockAnalyst.com.
#stockmarket #gold #investing #finance
⭐️ Join Daniela Cambone's exclusive community ➡️ danielacambone.com
➡️ Follow us on Facebook: https://www.facebook.com/StansberryRe...
➡️ Follow us on Twitter: twitter.com/stansberry
➡️ Follow us on Instagram: https://www.instagram.com/stansberry_...
➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stan...
Chapters:
00:00 Sentiment on overall economy
2:47 Gold price
3:31 Seabridge Gold
5:26 Seabridge’s selection criteria for picking a partner
6:36 Gold stocks are cheap
7:24 Takeovers and takeunders decisions
8:45 Fed decisions and gold price
10:30 Silver
