MacroVoices #378 Ronnie Stoeferle: In Gold We Trust - Showdown
Macro Voices
00:00
The Risk Appetite in the Mining Space Is Still Low
I think it's now too early to really start to build a massive position in the mining space. The risk appetite is still pretty low, I would say from a technical point of view. Even if you have a look at three major producers, they are still between 30 and almost 50% below their all-time high. So this is telling me that the market doesn't really appreciate the leverage that the producers have.
Play episode from 14:47
Transcript
