Goldfinger Capital, Released on 8/8/24

00:00 Intro
02:00 Trump’s Bitcoin Conference speech
04:45 Biden held on to the bitter end – NY Times article on 25th amendment threat
06:30 Sloped roofs
08:00 The glass shrapnel theory
09:40 A US President has never before advocated for a competitor to the US Dollar
12:30 A chicken in every pot
16:00 Government spending is hitting a wall
17:20 Gold is acting like a bull market and sentiment hasn’t yet hit an overbullish extreme
18:15 China has been exporting copper in enormous quantities
20:20 Seasonality in junior mining and the prospects for tax loss selling
21:38 Snowline Gold (TSX-V:SGD)
23:30 New Found Gold (TSX-V:NFG)
24:50 “A gold pan and a sledgehammer and you’d have enough money to pay for your beans and bacon”
26:40 The source of the gold at Queensway
27:10 West Red Lake Gold Mines (TSX-V:WRLG)
28:30 Gwen Preston is the new VP of Corporate Communications at West Red Lake
29:20 Buying shares in WRLG is ‘close to stealing’
30:30 The $1 billion market cap level is a ceiling for most junior mining companies
31:30 Trying to understand the poor performance of NFG and SGD in recent months
32:30 Crypto and the Mag-7 have taken money from the resource sector
33:20 Only .3% of investor dollars in the stock market goes into the mining sector today
34:30 When everyone wants to own a stock you have no more buyers and the stock price has peaked
35:00 Bearish on NVDA and the S&P 500
37:20 Eloro Resources (TSX:ELO)
40:30 Eloro’s Iska Iska Project is a giant project
42:15 Thanks for watching!

Bob Moriarty is the founder of 321gold.com, a popular website which features articles, editorial opinions, pricing figures and updates on current events affecting precious metals. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 international aviation records. He is the author of Nobody Knows Anything and Basic Investing in Resource Stocks.

  Bob Moriarty, commodities, copper, gold, investing, Resource Stocks