Lobo Tiggre: Shopping for Silver Stocks, Watching "Powerful" Gold Mover

Lobo Tiggre of ‪@TheIndependentSpeculator‬ shares his updated thoughts on gold, silver and uranium.

When it comes to gold, he pointed to a "powerful mover" that he thinks could be in play — a change in global portfolio allocations to the yellow metal. Historically the allocation has been 2 percent, but more recently it's been 0.5 percent.

"I think that what we're seeing is that changing. And maybe it doesn't go back to 2 percent, but if it just goes back to 1 percent, that doubles the investment demand for gold from where we are now," he said.

This interview was filmed on July 9, 2024.

#Investing #Gold #Silver

0:00 - Intro
0:27 - Still bullish after gold's rise
4:22 - Silver back on shopping list
8:30 - On the hunt for silver stocks
10:49 - Hard landing happening now
15:27 - Recession vs. market crash
18:38 - Russian uranium ban impact
22:36 - Importance of due diligence
24:36 - Outro

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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.