Monday, 30 January 2023

Vancouver Resource Investment Conference (VRIC-2023)

The annual Vancouver Resource Investment Conference is being organized on Jan 29 and 30.  Over 300 junior mining companies are gathering in Vancouver, British Columbia to showcase exploration and production of the most critical commodities the world needs to move forward in the 21st century.

The live coverage of the event includes an interview of Adran Day by Michelle Makori of Kitco.

A few videos were recorded in anticipation by reknown participants:

The interview of Jay Martin by Charlotte MacLeod for the Investment News Network was recorded in anticipation of live coverage at the VRIC.

Another interview of Brent Cook of Exploration Inside by Cambridge House in anticipation of the VRIC is also worth looking at.

During the two day conference, over 100 keynote speakers will take the stage to discuss commodity forecasts and investment opportunities in the exploration, development and mining industries.

Video by Kitco


Gold to hit all-time high in 2023, only persistent rate hikes by the FED can stop it - Adrian Day

Adrian Day, CEO and Chairman of Adrian Day Asset Management, provides his forecasts for 2023 when it comes to Fed policy, economic growth, inflation, stock markets, gold, and gold miners. He spoke with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, at the Vancouver Resource Investment Conference. 

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 - Recession in 2023 4:41 - FOMC Meeting 6:02 - Gold 'pullback' 9:08 - Fed's effect on real economy 13:31 - Stock markets 17:31 - Inflation and Fed pivot 20:39 - S&P 500 crash 21:37 - Gold forecast 23:48 - Gold portfolio allocation 24:46 - Gold miners 26:48 - What could change the forecast? 29:52 - Central bank gold buying

Video by Investment News Network (INN)


VRIC 2023 Preview — Jay Martin on Cutting Through Chaos for Investors

Preview Video by Cambridge House

I See Great Opportunity in Gold & Silver Mining Stocks Right Now: Brent Cook

Economic geologist Brent Cook joins the show to explain why he thinks gold and silver mining stocks, particularly in the exploration sector, are undervalued at the moment.

Exploration Insights: https://explorationinsights.com Brent Cook on Twitter: https://twitter.com/BrentCookgeo 00:00 Introduction 00:23 Tailwinds for Gold & Silver in 2023 01:19 Gold & Silver Mining Stocks 02:13 Where is Brent Investing? 03:25 Importance of Management 05:26 Commodities Supercycle 07:16 What is Brent Presenting at the VRIC? 08:37 Exploration Insights

***

Mickey Fulp (known as the Mercernary Geologist) is much less optimistic. In an interview with Kitco Mining specialist Michael Mc Crae, 


"Waiting for broader market buy-in. Mickey Fulp on high gold prices and junior resource stocks"
While the year started with markedly higher gold prices, the resource sector is not seeing much benefit, according to Michael S. Fulp, the ‘Mercenary Geologist.’ Fulp spoke to Kitco News last month at the 2023 Vancouver Resource Investment Conference (VRIC). He is also a Kitco contributor, and his Metals, Money, and Markets Weekly podcast is published every Friday.

Gold prices pushed well above $1,900 at the start of 2023, and though the GDX did see a short-lived bump in January, it is now down 4% on the year. Despite better gold prices and gold miners widening their margins, Fulp said the broader market is not drawn to the precious metal space. 
"With the rising gold price, we've had some movement...but it has yet to trickle down," said Fulp. "I don't think the junior sector is going to prosper until the American general investor comes into our market."

Fulp also said that there may be an overhang as investors "got extremely burned when they piled into this sector in 2020. That was only 2.5 years ago." "We're not there yet,” he added. “I am not saying we're not going to get there. I hope we do, but I don't see an end to the bear market."

0:30 - Why did gold leap higher at the start of the year? 1:55 - How do you play high gold prices: the metal, miners or juniors? 2:40 - How healthy is the junior resource space? 5:05 - Why don’t you own any lithium stocks? 7:30 - How is mine development doing in the U.S.? 15:31 - If you were starting today in the resource sector, what path would you take?

Kitco Gold Panel, VRIC 2023


The Kitco Gold Panel at the VRIC 2023 featured best-selling author Robert Kiyosaki, 'Independent Speculator' publisher Lobo Tiggre, and former Sprott U.S. Holdings CEO and Rick Rule Investment Media guru Rick Rule, recorded on 30 Jan 2023. The panel was moderated by Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News.

0:00 - Introduction to panel 1:48 - Fed policy 5:06 - All-time highs in 2023? 12:52 - Central bank gold buying 20:35 - Geopolitics, Internal Debt, and Demographics 23:31 - Dollar weakening 25:12 - Gold ETFs 28:00 - Portfolio allocation

***

After the conference ended:

Rick Rule interviewed by Daniela Cambone (videocall from Stansberry Research, NY)


Fed Is Right to Raise Rates, Be Prepared to Dodge Lagging ‘Full Punch’ Says Rick Rule ....

Sign up for Rick Rule's Virtual Silver Investors Bootcamp here: http://bit.ly/3Y0VenJ "I've been positively surprised at the strength of the U.S. economy in the face of consistent interest raises, which are indeed the right policy," says Rick Rule, founder and CEO of Rule Investment Media. "They need to raise interest rates again, and most likely by 25 basis points," he tells Daniela Cambone. "The economic response often lags, and it's possible we haven't felt the full punch of these interest-rate rises," Rule warns. He projects that there will not be no soft landing once this downturn ends, "but a crash may be too strong a word... I've never seen a soft landing occur in 50 years however." Rule states. And he believes, "there's currently a worldwide push to look for a bilateral means of exchange outside of the U.S. dollar, and that is gold, beyond the BRICS nations." "I believe the dollar will continue to be the primary means of exchange... U.S. treasuries are the deepest and most liquid market in the world," he concludes.

No comments:

Post a Comment

Favorite articles of the year