Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Kennedy and Milei double down on WHO exit...
Trump claims Canada ‘considering’ offer of free Golden...
‘Intensely loyal’ Jill Biden aide despised by White...
Defense Department workers no longer required to submit...
SEN. RAND PAUL: Kennedy is confronting ‘corrupt’ health...
DeSantis goads Congress to follow FL’s DOGE blueprint...
Trump order targeting law firm WilmerHale blocked as...
US military vulnerabilities threaten Trump’s ‘peace-through-strength’ strategy
Succeeding Trump: 6 Republican potential presidential hopefuls to...
Watchdog finds ‘no evidence’ Biden knew of crucial...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

Doug Casey: Gold to Go Much Higher; “Very Bullish” on Uranium, Oil/Gas, Coal Stocks

by admin November 24, 2024
November 24, 2024
Doug Casey: Gold to Go Much Higher; “Very Bullish” on Uranium, Oil/Gas, Coal Stocks

He also discussed what he is — and isn’t — doing with his money right now.

‘Stay out of stocks, with a few exceptions here and there — there are always exceptions. Stay out of all bonds, frankly. They’re a triple threat to your capital,’ Casey said during the interview. ‘I still like commodities — commodities relative to everything else are cheap. And gold isn’t particularly cheap, but it’s going a lot higher.’

As the gold price moves up, he sees investors becoming more interested in gold stocks.

“The gold-mining stock market has actually been okay. Not great, but okay to me over the last three or four or five years. But I think that the world will turn, and at some point people are going to say, ‘I’ve got to have these crazy little crappy gold stocks,” Casey explained. ‘And they’ll go 10 to one again like they have as a group, five times actually, since 1971, when gold was freed up — or the dollar was first devalued, I should say — by the Nixon administration.’

Outside of gold, Casey remains interested in oil and gas stocks, as well as coal stocks. He also mentioned uranium as a sector that has his attention, pointing to the coming wave of artificial intelligence data centers that need power.

‘You’ve got to gird your loins, because you don’t know what kind of insanity is going to visit itself upon the world within the next few years. Even if Trump does all the right things — which he won’t, absolutely not — although he’s doing a lot of right things. You want to insulate yourself from what I think will be a gigantic catastrophe that we’re looking at,’ he said. ‘More is better, especially when it comes to money. Especially when that money is in gold.’

Watch the interview above for more from Casey on his current strategies for investing and speculating.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
next post
Danielle DiMartino Booth: Trump, Powell and US Recession Reality — Where to Focus Now

You may also like

Canadian Securities Exchange to Acquire National Stock Exchange...

May 22, 2025

Can You Invest in Neuralink?

January 23, 2025

Cespira Appoints Carlos Gonzalez as President and CEO

January 22, 2025

Strategic Partnership secures long-term future for the Storm...

April 9, 2025

StrategX Provides Update on Critical Metals Exploration Activities...

December 3, 2024

BHP and Toyota Australia to Test Electric HiLux...

November 2, 2024

Paris 2024 Olympic Medals Showcase History with Priceless...

July 26, 2024

Crypto Market Recap: SEC Nominee Atkins Grilled on...

March 30, 2025

S&P Global: US Outpaced by Most Other Countries...

July 23, 2024

Ontario Tables Sweeping Bill to Restrict Foreign Access...

May 3, 2025

Recent Posts

  • Kennedy and Milei double down on WHO exit after meeting in Buenos Aires: ‘Free from totalitarian control’
  • Trump claims Canada ‘considering’ offer of free Golden Dome in exchange for becoming 51st state
  • ‘Intensely loyal’ Jill Biden aide despised by White House staffers, new book claims
  • Defense Department workers no longer required to submit DOGE’s weekly production reports
  • SEN. RAND PAUL: Kennedy is confronting ‘corrupt’ health agencies to Make America Healthy Again

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (744)
    • Investing (2,191)
    • Politics (2,709)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.