Metals and Miners, Released on 8/6/24

In this exclusive interview, Nomi delivers a comprehensive analysis of the current economic landscape and its implications for investors. As the Fed prepares to navigate a complex path of interest rate adjustments, Nomi shares her insights on the potential impact on the economy, precious metals, and energy markets. With a keen eye on the looming threat of rising unemployment and the mounting challenges posed by global debt, she emphasizes the importance of real tangible assets as a hedge against economic uncertainty. From gold and silver to uranium and other strategic investments, Nomi provides invaluable guidance on portfolio positioning and the opportunities that lie ahead.

Nomi does a deep dive on the following:
– Her current assessment of the economy and where you anticipate things going over the next 6 months or so?
– If now the timeframe that the Fed will begin their cutting cycle and what will that mean for the economy, precious metals and energy?
– 3.6% is the average unemployment increase in every cycle since the 1940’s. A 3.6% average increase will put unemployment in the low 7% range for this cycle. Is this what she is expecting and what’s the impact of a 7%+ unemployment?
– Everyone who is paying attention wants to know if the massive debt and debt servicing matters and if so, what she expects the consequences to be moving forward?
– In the current macro, geopolitical, economic and market environment we find ourselves, what should “real tangible assets” mean to investors everywhere and why should they be paying close attention to this sector?
– What her expectations for Gold over the next 12 months?
– If silver is gearing up for massive gains?
– What her view for the gold and silver miners as the economic and stock market landscapes change, the business cycle continues to evolve, the Fed gets more involved with rate cuts and the price of gold stays elevated at these levels or possibly higher?
– She recently wrote that uranium is: “more powerful than gold. That given the growing global need for uranium, I see uranium prices doubling over the next two years and surpassing the 2007 levels.” What she anticipates for the uranium miners if indeed the price of uranium doubles over the next 2 years? And she shares about the massacre the miners have experienced over the last few weeks- if she believes that’s temporary?
– If there is there a specific “real asset class” that has her close attention right now and why?
– How she is positioning her portfolio right now. What assets she likes and what assets does she absolutely want to stay away from?
-Plus more!

Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents’ Bankers: The Hidden Alliances that Drive American Power, Collusion: How Central Bankers Rigged the World and Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever. She publishes articles on her Substack which is called Prinsights. 

  commodities, economy, energy, gold, investing, silver, uranium