Hedgeye Industrials analyst Jay Van Sciver shares insightful charts and commentary on a favorable setup for gold in this conversation with host Mark Bunting on RCTV.
In contrast to the retail and growth stocks that struggle during a consumer recession, gold is typically a top performer in #Quad4.
"Gold has been a currency for a really long time that has real uses and real markets that I think underpin value," Van Sciver explains.
"It's not a super risky investment or anything like that, but I think some investors view it as less valuable when people are talking about growth stocks, SPACs, or whatever the flavor of the month is in AI. I think you see less growth in investor purchases of gold, which is an important source of demand."
Watch the full 20-minute interview above.
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