Talking to the Investing Information Community, John Feneck, portfolio supervisor and guide at Feneck Consulting, shared his outlook for gold and silver costs, saying he is bullish on each valuable metals.
“The technical setup for gold appears completely stunning — in case you have a look at a ten yr, 15 yr, 20 yr chart it appears completely nice,” he mentioned. “Now you’ve got (additionally) obtained the dynamic of Trump coming in workplace. I do not see how that is going to trigger much less volatility, and gold loves uncertainty and volatility, so I feel we’ll have an amazing 2025.”
Feneck additionally gave updates on mining shares he is watching proper now.
On the gold aspect, he talked about US Gold (NASDAQ:USAU), First Nordic Metals (TSXV:FNM,OTCQB:FNMCF) and Inflection Assets (CSE:AUCU,OTCQB:AUCUF), which additionally has a copper element. Feneck additionally spoke about Aftermath Silver (TSXV:AAG,OTCQX:AAGFF), an organization through which Canadian billionaire Eric Sprott has a big place.
He is additionally excited about copper-focused Questcorp Mining (CSE:QQQ,OTC Pink:QQCMF), and in terms of “particular conditions” he has firms like Guardian Metallic Assets (LSE:GMET,OTCQX:GMTLF), Demesne Assets (CSE:DEME,OTCQB:DEMRF) and Angkor Assets (TSXV:ANK,OTCQB:ANKOF) on his radar.
Trying ahead, Feneck emphasised that he is constructive on the useful resource sector as a complete.
“I feel that this yr goes to form as much as be a very, actually good yr for commodities basically,” he mentioned.
“And if Trump can pull off the massive ‘what if’ and get Putin to return to the desk — that is going to be a recreation changer for lots of those commodities which have been underwater, like nickel, platinum and palladium, and so on.”
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Securities Disclosure: I, Charlotte McLeod, maintain no direct funding curiosity in any firm talked about on this article.
Editorial Disclosure: Questcorp Mining is a consumer of the Investing Information Community. This text is just not paid-for content material.
The Investing Information Community doesn’t assure the accuracy or thoroughness of the data reported within the interviews it conducts. The opinions expressed in these interviews don’t replicate the opinions of the Investing Information Community and don’t represent funding recommendation. All readers are inspired to carry out their very own due diligence.