Investing News, Released on 11/16/20 (Recorded on 11/12/20)
0:00 – Intro
0:18 – Gold under a Biden presidency
4:02 – Does COVID-19 vaccine news matter for gold?
6:13 – Big picture drivers for gold
8:06 – Gold M&A activity during COVID-19
11:12 – Other trends for investors to consider
13:10 – The case for investing in major gold miners
15:40 – Other commodities under a Biden presidency
18:00 – There’s been a “tidal shift” in uranium
24:10 – Final advice? Be skeptical
26:13 – Outro
This interview was filmed on November 12, 2020.
The gold market has had an eventful two weeks, with the US presidential election and coronavirus vaccine news both impacting the yellow metal’s price.
Lobo Tiggre, founder and editor of Independent Speculator, said that over the next two months there’s likely to be more turmoil — while the American election has been called by the media for Joe Biden, President Donald Trump has yet to concede.
That doesn’t mean Tiggre is overly worried. While he sees “stormy weather” ahead, he encouraged market watchers not to panic — “I don’t think the world’s about to come to an end before January.”
He’s also not concerned about what a COVID-19 vaccine could mean for gold, and said the precious metal’s price drop after Pfizer’s vaccine news last week was predictable.
Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey’s protégé at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey’s flagship newsletter, the International Speculator. Now he brings his experience, his connections and his deal flow directly to you, without the barrage of marketing hype used by larger publishers. He is now the editor of IndependentSpeculator.com.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.