John Rubino: We Have No Solutions Except a Choice of Crises #fed #podcast #silver #gold

Tom welcomes back John Rubino, former Wall Street analyst, author and Substacker https://rubino.substack.com for a discussion on the gold mining industry's recent trends during the third quarter earnings reports. Despite the increase in gold prices, mining stocks have underperformed due to factors like rising costs and geopolitical risks. However, strong earning reports from top companies are attracting momentum investors, potentially triggering a bull market for precious metals. John emphasizes the importance of investing psychology and buying undervalued assets during bear markets. He also discusses the cyclicality of mining sector, potential acquisitions following strong earnings, and the significance of both fundamental setups and technical indicators when considering gold and silver investments. Additionally, Russia's decision to buy silver for its strategic reserve fund is affecting the silver market by tightening supply and increasing upward pressure on prices. Despite economic uncertainties, investors are encouraged to seek opportunities in this environment.

Guest Links Substack: https://rubino.substack.com Books: https://tinyurl.com/5buyvy6v ... https://www.youtube.com/watch?v=Jwza7w1v0UM