MiningStockEducation.com, Released on 8/15/22
Adrian Day of Adrian Day Asset Management is a seasoned investor, speaker, author, adviser and fund manager. In this interview, Adrian says his fund is fully invested with their gold and silver allocation right now. At the same time, he shares the rationale for keeping dry powder for buying resource stocks in the future. Adrian puts the current poor gold stock sentiment and numerous mine build failures of the past two years in historical perspective. He discusses the winners and losers of gold producers’ Q2 earnings. Adrian also reveals what needs to happen for generalist investors to start buying resource stocks.
0:32 “We’re fully invested with our gold and silver allocation right now”
2:46 Rationale for keeping “dry powder” to buy resource stocks in future
4:08 When does being too early mean you are wrong?
5:38 Gold stock sentiment in historical perspective
8:16 What will spur generalist investor buying in resource sector?
11:48 Gold producer balance sheets
13:18 Winners & losers from Q2 gold producers’ earnings
16:51 Failed mine builds in historical perspective
19:06 Zinc, nickel & aluminum demand & potential recession
21:46 Target buy price for oil stocks?
23:02 H2 biggest risk for resource investors?
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.