INN interviews The Independent Speculator on the outlook for resource speculators in 2022. We focus on gold, silver, copper, and uranium. The context is the "rock and hard place" the Fed is in, caught between high inflation and a fragile economy. I expect it to remain behind the curve on inflation, which is bullish for all commodities, but monetary metals in particular. And the uranium market is much changed going into 2022, setting it up to deliver in spades for speculators. Meanwhile, ESG mandates are making it more and more difficult around the world, making 2022 a dangerous year for passive investors.
Timestamps:
0:00 - Intro
0:20 - Takeaways from the Fed's latest minutes
5:47 - Gold, inflation and the path forward
12:33 - Potential headwinds for gold in 2022
16:19 - Lobo's planning new gold stocks for Shopping List
21:18 - Will Kazakhstan protests impact uranium?
25:38 - Utilities contracting in the uranium market
31:50 - Ongoing opacity in the uranium space
36:05 - ESG a key trend to take seriously
43:48 - Parting thought
