Commodity Culture, Released on 6/12/24

David Rosenberg is bullish for the long term when it comes to the gold market and he argues that while gold used to correlate with commodities, it is now diverging into a category of its own: money with no counterparty risk. David also discusses the Fed’s next move, finding sanity in an insane market, and gives his outlook on the broad commodities market, uranium, energy, and much more.

00:00 Introduction
01:23 Lack of Sanity in Markets
06:55 Keep Cash on the Sidelines
11:37 How Does the Fed Influence Markets?
17:44 Market Sees Gold as Money
22:54 Institutional Interest in Gold
24:22 Is Now the Time For Commodities?
28:30 Oil and Uranium
31:40 Hedging Geopolitical Risk

David Rosenberg is the chief economist & strategist of Rosenberg Research & Associates, an economic consulting firm he established in January 2020. He received both a Bachelor of Arts and Masters of Arts degree in economics from the University of Toronto. Prior to starting his firm, he was Gluskin Sheff’s chief economist & strategist. Mr. Rosenberg was also chief North American economist at Bank of America Merrill Lynch in New York and prior thereto, he was a senior economist at BMO Nesbitt Burns and Bank of Nova Scotia. Mr. Rosenberg previously ranked first in economics in the Brendan Wood International Survey for Canada for seven straight years, was on the US Institutional Investor All American All Star Team for four years, and was ranked second overall in the 2008 survey.

  commodities, david rosenberg, energy, gold, investing, uranium