Richard “Doc” Postma joins us to discuss Fed policy, inflation expectations, his more bearish outlook on general US equities, and his longer-term bullish outlook on commodities and the precious metals sector. We start off with what it will mean if the central bank gets more aggressive with hiking rates, and how inflation tapering down once the year over year figures come in during the summer may help balance things out to some degree. We look at why he’ll be watching the recent relief rally in US general equities for a place to short them again, with the exception of the biotech sector that he is more bullish on.
We then move into the commodities and discuss the energy sector and an oil stock he’s been positioned in. We wrap up with an extended series of questions on what his technical outlook is for gold prices in a few different potential scenarios, as well as a handful of gold mining mid-tiers and junior mining stocks that Doc is accumulating on pullbacks.