Byron King, a seasoned geologist and newsletter writer from Paradigm Press, dives into the world of gold investment and the mining industry. He discusses the recent surge in gold prices fueled by central banks, identifying investment opportunities in undervalued mining shares. Byron emphasizes the need for investors to seek companies with solid management and promising assets, while also analyzing the potential impacts of tariffs on global markets. His insights on hard assets reveal key strategies for those looking to navigate economic uncertainties.
01:12:00
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
insights INSIGHT
Central Banks Drive Gold Prices
Central banks have been the primary buyers driving the rise of gold prices over the last few years.
Gold is seen as a tier one asset and a reserve that carries no liability unlike currencies or credits.
insights INSIGHT
Geopolitical Risk Boosts Gold Demand
The war in Ukraine and sanctions on Russia contributed significantly to the sustained rise in gold prices.
These geopolitical risks undermine trust in currency and credit systems, boosting gold's monetary appeal worldwide.
volunteer_activism ADVICE
Own Physical Gold for Wealth
Investors should own physical gold to preserve wealth in uncertain economic times.
Paper gold or certificates do not offer the same protection as holding real metal.
Get the Snipd Podcast app to discover more snips from this episode
Tom welcomes back geologist and newsletter writer Byron King for a discussion on various aspect of the mining industry and the impacts of tariffs. They touch upon the fact that central banks are buying large amounts of gold and the impact this has on gold prices. They also mention the neglect of mining shares in comparison to the rise in gold prices, creating opportunities for investors.
They also discuss the current mining cycle and how companies are reporting good earnings due to high gold prices. Byron suggests investors look for companies with assets, a strong management team, and resources worth exploring further. He mentions several examples of promising companies and opportunities within the gold space, as well as mentioning his own experiences at mining conferences.
Additionally, Byron gives us his thoughts on the global market situation and how tariffs may affect various industries and economies. Byron encourages listeners to explore more about hard assets and investing in metals and energy for potential opportunities and growth.
Time Stamp References:0:00 - Introduction0:52 - First 100 Days & Gold4:35 - Gold, Uncertainty & Price10:45 - Trump Taxes & Deficits17:57 - W. Vs E. Gold Monetization25:44 - China & Trade War Options35:17 - Trump Greenland & Canada44:44 - Underinvestment in Mining55:00 - Miner Margins & Sentiment1:02:43 - Opinions at Conferences1:09:23 - Wrap Up
Guest Links:Website: https://paradigmpressgroup.com/
Byron King has first-hand expertise and connections in important industries like commodities and defense. He literally goes the extra mile to bring you perspectives you won’t find anywhere else.
His insights have been featured on MSN Money, Marketwatch.com, Fox Business News, CNBC’s Squawk Box, Larry Kudlow, Glenn Beck and PBS’s NewsHour. He has also been published in the Financial Times, The Washington Post and The Wall Street Journal.
Byron graduated from Harvard University with a degree in geological sciences. He then went to work as a geologist for Gulf Oil Exploration and Production. Next came a tour as a flight officer for the U.S. Navy. At one point, he was an aide to the United States Chief of Naval Operations. After leaving active duty, Byron began practicing law.
In 2002, he started corresponding with the staff of The Daily Reckoning. His work was featured so frequently he was often called an “unpaid contributor.” When he officially joined the staff, he began criss-crossing the globe in search of the world’s best mining investment opportunities.
Even now Byron spends much of his time away from home, checking out remote exploration sites, mines, rigs and plants to bring you a first-hand account of almost every investment opportunity he recommends.
His way of breaking down technical language into everyday English has earned him a lot of fans. And you can count on him to give you the clearest picture of companies that make the world work.
Palisades Gold Radio