Liberty and Finance, Released on 1/9/25
Craig Hemke highlights that central bank demand remains a key driver for precious metals, with gold prices expected to rise significantly in 2025. The yield curve inversion, a historical signal of recessions, suggests caution in the broader market, especially as US debt levels continue to rise. Hemke advises investors to be selective in the mining sector, noting that passive investing could cause them to miss profitable opportunities in mining stocks. He also emphasizes the importance of monitoring global economic signals, like China’s monetary policy, and understanding market liquidity when forming investment strategies.
0:00 Intro
1:40 2024 recap and 2025 outlook
7:38 Recession
14:24 Stock market downturn
20:04 Mining sector
24:10 Last thoughts
26:28 Weekly specials
Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.