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Henry Weingarten of the Astrologers Fund shares his thoughts on the overall market, as well as two stock picks in the resource sector.
“Our general view is invest for 2024,” he said. “As traders, basically when the market’s up … we’re going to be shorting it, and when the commodities are down we’re buying. Our basic view is commodities are undervalued on an annual basis, and the market’s way overvalued depending on what you’re looking at.”
#Investing #Gold #Silver
0:00 – Intro
0:28 – Henry and the Astrologers Fund
2:26 – Markets are in “fantasy land”
6:27 – Two mining stock picks from Henry
8:59 – What is the current value of gold?
13:09 – Why isn’t the gold price higher?
16:14 – Markets changed in 1971
21:16 – Silver a mixed bag, outlook
24:39 – How to invest for 2024
29:46 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
