The David Lin Report World On Fire: Why This Asset Is Going Parabolic | Allen Sabet
Jul 31, 2025
Allen Sabet, CEO of Mogotes Metals, delves into the booming copper and gold markets and highlights his company's exploration project in the Andes. He shares strategies for mining companies to seize high prices while addressing supply shortages. The discussion explores the urgent need for increased copper production, legislative challenges in mining, and innovative approaches like automation in the industry. Sabet also reflects on his career shift from management consulting to mining, emphasizing the thrill of resource discovery.
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Gold's Timeless Store of Value
- Gold has proven to be a tremendous store of value over decades despite technological and economic revolutions.
- Its resilience in volatile geopolitical and economic environments strengthens its appeal as a safe asset.
Mining Strategy in Bull Market
- Gold mining companies should accelerate production and acquire ounces cheaply during high price periods to maximize cash flow.
- Diversify into copper mining to stabilize earnings and capitalize on growing industrial demand.
Copper-Gold Market Divergence
- Past price correlations between copper and gold may not hold due to new electrification and renewable energy demands.
- Future copper demand dynamics create a different market narrative from historical trends.