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Gold Bug Capitulation?
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Lobo Tiggre

June 24, 2022

In this Liberty and Finance interview, Elijah Johnson asks me about the broader markets, which are down (though not as much) as I said they might be. Of course, we had to touch on the latest Fed action and Powell's testimony. We also talked about gold and silver, and the other yellow metal: uranium. I think that the part about panic setting in among gold and silver stock speculators is one of the most important things I've said in a long time; many good people may be on the verge of making a costly error. I'll have more to say in this weekend's free, no-spam Speculator's Digest, but please do give this a listen—and some thought—now.

 

Timestamps:

0:00 — Intro
1:03 — Market crash update: "I'm still not buying"
5:06 — Look for bargains, not signs of a bottom
6:49 — Powell's testimony
11:20 — Panic among gold and silver investors
15:43 — Don't panic, do this
18:55 — Uranium update
21:45 — Miles Franklin