Mining Stock Daily Rob Sinn on Gold's Steady Resilience and some Thoughts on OBBB
Jul 14, 2025
Rob Sinn, a CEO technician and expert in the mining and metals sector, offers keen insights into the resilient nature of gold amidst economic fluctuations. He discusses China's stealthy gold accumulation and critiques a recent U.S. spending bill, highlighting concerns about national debt and inflation. Sinn also examines the implications of U.S. fiscal policies on bond markets and predicts how Federal Reserve interest rates will impact gold prices. He navigates the challenges in the financial landscape, advocating for strategic investments in gold and copper.
AI Snips
Chapters
Transcript
Episode notes
Gold's Remarkable Bull Market Resilience
- Gold has shown remarkable resilience despite expectations for significant drops.
- This sustained strength is typical of a bull market with steady support at key price levels.
China's Stealth Gold Accumulation
- China is accumulating gold stealthily, buying more than officially reported.
- This hidden accumulation supports and drives the ongoing bull market in gold.
Historic US Spending Bill's Growth Bet
- The recent US spending bill is the largest ever and aims to boost growth despite increasing the deficit.
- This growth-focused strategy is risky but reflects a bet on future technological breakthroughs, like AI and robotics.