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George Seay, Chairman and Founder of Annandale Capital, discusses why he thinks energy is 2023’s best investment. He also spoke with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, about Federal Reserve policy, why gold performed poorly in 2022, and his outlook on gold in 2023.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow George Seay on Twitter: @GeorgeSeayTX (https://twitter.com/GeorgeSeayTX)
0:00 – Fed policy outlook
8:34 – Fed pivot or pause?
9:50 – GDP and inflation outlook for 2023
12:50 – Stock market outlook
16:05 – Best investments in 2022
18:20 – Energy super-cycle
19:53 – Investing in energy
31:55 – Best investments for 2023
35:03 – Tech sector
36:12 – Real estate
38:39 – Worst call of 2022
39:49 – What could derail oil and gas?
41:30 – Black Swan events
42:25 – Gold outlook
44:03 – Worst performing asset in 2023
45:00 – Resolution to Ukraine conflict
#inflation #energy #gold
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Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
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