Lobo joins us to discuss the current state of palladium, uranium, and the precious metals. Palladium’s primary role is not as a precious metal, but one of industrial use and automobile production may be in the increase in China. Uranium continues to set a stage for a bull market slowly. Investors should watch for The Commerce Department’s report on uranium production and imports. Their recommendations could require a minimum amount of domestic uranium production. Investors have once again begun to see gold as a safe-haven asset and not just another commodity. Lobo says, “This is a healthy sign for a bull market in gold.”
Time Stamp References:
0:45 – Palladium overview and pullback.
2:50 – Silvery metal review.
5:45 – Uranium market and reactors.
8:30 – Secondary supply with uranium.
11:30 – Commerce dept and uranium
12:50 – Precious metal markets
15:10 – Will 2019 be happy or gloomy.
17:00 – Battery metals and new energy.