Nicky Shiels

Evy Hambro, Head of thematic investing at BlackRock, and Nicky Shiels, Head of metals strategy at MKS PAMP, delve into the rising importance of mining in the global economy. They emphasize commodities' critical role amidst technological shifts and energy transitions. The duo discusses the surge in demand for precious metals like gold, particularly in light of geopolitical tensions and inflation. They also explore investment strategies in metals, including rare earth elements, and the evolving dynamics between Bitcoin and gold in modern portfolios.

Nicky Shiels, the Head of Metal Strategy at MKS Pamp, dives into the remarkable surge of gold prices beyond $3,400. She discusses how global shifts away from US assets and increasing demand from central banks are reshaping the market. The concept of 'chaos premium' is explored, highlighting gold's unique positioning independent of traditional economic correlations. Nicky also examines trends in silver and copper, and what they signal for economic growth, all while outlining the significant role of geopolitical forces and Federal Reserve policies.

Nicky Shiels, Head of Research & Metals Strategy at MKS PAMP, shares her insights on the future of gold and silver amidst shifting economic landscapes. She delves into how a potential Trump administration could impact U.S. inflation and the dollar. The conversation highlights evolving gold demand, especially in China, contrasting physical ownership with financial products. Shiels also discusses fluctuating prices, forecasting scenarios for both gold and silver, while reflecting on historical investor anxieties and the geopolitical factors influencing current markets.