Mainstream Says Gold Sucks - A Sign It's Bottomed?

MBA, Market Analyst & Author @ The Mining Stock Journal
June 30, 2023

For the most part, it usually seems like the mainstream media just ignores gold and silver, and has little interest in even covering the precious metals at all.

Whether that's due to a desire to keep people focused on the stock market, or just a lack of interest, is a fair debate. However as Dave Kranzler points out in today's episode of the show, on the rare occasions when they do mention gold or silver (typically to say how useless they are), it's often been a sign that a bottom is in.

So in today's show, Dave talks about a recent article that suggested how gold has no purpose, and isn't an 'exciting' asset. He addresses some of the assertions put forth in the piece, and why they're not accurate in terms of how people would be wise to view the gold market. And he also raises the proposition that seeing this type of coverage could be indicative that a bottom is in for the current cycle.

To find out more, click to watch this video now!

Arcadia Economics

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Dave Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance. He currently co-manages a precious metals and mining stock investment fund in Denver. My goal is to help people understand and analyze what is really going on in our financial system and economy. Dave publishes the The Mining Stock Journal a bi-weekly subscription newsletter that features junior mining ideas as well as relative value ideas in large cap mining stocks.

 


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