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Craig Hemke – Year In Review For Gold, Silver, GDX, GDXJ

Cory
December 16, 2024

Craig Hemke, Editor of TF Metals Report joins us for an in-depth year-end review of precious metals in 2024. We discuss gold’s 30% rise from the beginning of the year and the catalysts behind the move, as well as silver’s significant performance and its prospects moving forward. 

 

We then look at the mining stocks which are evaluated in terms of their leveraged response to metal price movements. The conversation shifts to the influence of cryptocurrencies on investment dollars and market focus. Additionally, Craig provides macroeconomic insights, including the implications of a potentially weaker US dollar and the substantial fiscal deficit, offering a preview of his predictions for 2025.

 

Click here to visit Craig’s website – TF Metals Report

Discussion
16 Comments
    BDC
    Dec 16, 2024 16:18 PM

    AVGO (Broadcom) has made a multiple trillion dollar gain since last Thursday.

    Missed one. 😉

    Reply
      Dec 16, 2024 16:36 PM

      You might think you missed one but when this market tanks from NOSEBLEED territory you will be thanking yourself for being an astute investor. Stocks go down a lot faster than they go up! LOL! DT

      Reply
    Dec 16, 2024 16:40 PM

    I picked off Emerita at a good price but when it starts to correct, I will disappear just like a mercenary warrior that picks the winning side to get paid but if the battle turns you melt away. DT

    Reply
    Dec 16, 2024 16:01 PM

    Bitcoin price hits new all-time high after Trump confirms BTC federal reserve plan

    Anthony Cuthbertson – The Independent (12/16/2024)

    “The price of bitcoin has hit a new all-time high after US President-elect Donald Trump confirmed plans to create a BTC federal reserve.”

    “The world’s leading cryptocurrency rose nearly 5 per cent following Trump’s latest comments, reaching a new record above $106,000 on Monday morning.”

    https://www.msn.com/en-us/money/markets/bitcoin-price-hits-new-all-time-high-after-trump-confirms-btc-federal-reserve-plan/ar-AA1vW8sM

    Reply
      BDC
      Dec 16, 2024 16:01 PM

      EX – Interesting, but will it be Gold backed? – BDC

      Reply
        23 hours ago

        Hi BDC. No it doesn’t appear to involve gold at all. It is a Bitcoin and crypto backed federal reserve that Trump has proposed.

        The concern many have is that this may be a stepping stone that paves the way for Central Bank Digital Currencies (CBDCs).

        Reply
          23 hours ago

          Bitcoin making new all-time highs again today at $107,710 currently.

          It’s hard to ignore that speculative funds from the herd are still piling into Bitcoin, and the larger cryptocurrencies markets. Those that assumed the bubble had popped years ago were sorely mistaken.

          Reply
            23 hours ago

            John K……… was the smartest guy around here on cryptos….. and BITCON….
            Seems Bobby M… missed the mark by MILES……
            Goes to show most are CLUELESS SHEEPLE….. on greed… and man…
            Even Schifty did not have a clue on the madness of crowds….. 🙂

            25 cents to $107,000…….

            TRUMPSTER part of the SCAM…. ?????

            BDC
            21 hours ago

            Jerry, Trump fronts for one faction of the Money Mafia. BDC
            https://www.youtube.com/watch?v=OkdfhBghVAE

            20 hours ago

            Good one BDC………… and that is the truth…. 🙂
            ONE BIG CLUB…… and WE the PeOPLE are not in it….

    21 hours ago

    Santacruz, SCZ, now in a buy zone IMO… Filled a recent short and bought a little today.

    https://schrts.co/dbxyEjYA

    Reply
    21 hours ago

    USD, I am beginning to think that it may not be as strong as I thought, maybe one more spike up, who knows.

    https://schrts.co/pZkjKAyV

    Reply

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