Liberty and Finance, Released on 8/28/22
“I think we’ve got a much lower U.S. stock market before it’s over,” says asset manager Adrian Day. He sees the recent stock rally as a bear market rally that is reversing now. As stocks fall again, however, he does not expect metals to follow this time. He expects a reversal in gold, silver, and miners as soon as investors realize the Fed has to stop raising rates.
0:00 Intro
0:54 Gold bottom?
6:32 Inflation
10:30 Stock market
14:39 Precious metals
19:30 Majors vs juniors
22:39 Adrian online
24:24 Miles Franklin
Adrian Day is the president of Adrian Day Asset Management. Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.