Nicky Shiels

Nicky Shiels, the Head of Metals Strategy at MKS PAMP, dives into the booming gold, silver, and platinum markets. She discusses record demand driven by central bank behaviors and liquidity concerns, alongside the impact of geopolitical shifts. Nicky reveals why the physical metal demand is surging, especially post-banking stress, and explains the nuances of silver tightness and platinum's revival. Her insights extend to jewelry demand in Asia and the implications for metal miners in a rate-cutting environment. Plus, she shares her personal interests beyond the markets!

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.