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This interview was filmed on July 28, 2022.
This Investing News Network video was sponsored by Empress Royalty. The opinions expressed by the interviewee are their own, and do not reflect the opinions of the Investing News Network or Empress Royalty. Click here to learn about Empress Royalty: https://bit.ly/3JwOE1M
Speaking about the latest quarterly results from major gold miner Newmont, Adrian Day of Adrian Day Asset Management said that although figures came in worse than people expected, the market was also watching closely and was primed to react poorly.
He believes that moving forward it will be key to watch the commodity currencies, which are currencies from countries that depend heavily on raw materials for income
#Investing #PreciousMetals #Gold
0:00 – Intro
0:38 – Data-driven Fed always looking backward
3:56 – Jobs picture is going to change quickly
5:16 – Fed’s hubris creates timing issues
7:38 – Most investors think the Fed is in control
11:39 – Takeaways from Newmont’s results
15:22 – Outro
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