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This interview was filmed on October 13, 2022.
Mercenary Geologist Mickey Fulp sees no end in sight for the bear market in resource juniors, and he believes investors should be wary about buying at these low levels.
“I think you buy low when you see some idea that the end is in sight for a bear market — otherwise you might buy low and have to buy lower as stocks go lower,” he said.
He continues to see value in assets like physical gold and farmland, and noted that wealthy people also tend to own fine art. “Historically, since the Renaissance, the world’s richest families have owned three things: physical gold, farmland and fine art,” said Fulp.
#Investing #Mining #Gold
0:00 – Intro
0:23 – Mickey’s strategy for today’s bear market
3:19 – What should mining companies be doing?
6:12 – Expect massive tax-loss selling season
9:09 – Midterm elections coming, what to expect
11:05 – Physical gold, farmland and fine art
13:11 – 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.