Rick Rule: Gold Stock Sweet Spot, Uranium’s New “Easy Money” Period

Speaking to the Investing News Network, John Feneck, portfolio manager and consultant at Feneck Consulting, shared his outlook for gold and silver prices, saying he’s bullish on both precious metals.

“The technical setup for gold looks absolutely beautiful — if you look at a 10 year, 15 year, 20 year chart it looks absolutely great,” he said. “Now you’ve (also) got the dynamic of Trump coming in office. I don’t see how that’s going to cause less volatility, and gold loves uncertainty and volatility, so I think we’re going to have a great 2025.”

Feneck also gave updates on mining stocks he’s watching right now.

On the gold side, he mentioned US Gold (NASDAQ:USAU), First Nordic Metals (TSXV:FNM,OTCQB:FNMCF) and Inflection Resources (CSE:AUCU,OTCQB:AUCUF), which also has a copper component. Feneck also spoke about Aftermath Silver (TSXV:AAG,OTCQX:AAGFF), a company in which Canadian billionaire Eric Sprott has a large position.

He’s also interested in copper-focused Questcorp Mining (CSE:QQQ,OTC Pink:QQCMF), and when it comes to “special situations” he has companies like Guardian Metal Resources (LSE:GMET,OTCQX:GMTLF), Demesne Resources (CSE:DEME,OTCQB:DEMRF) and Angkor Resources (TSXV:ANK,OTCQB:ANKOF) on his radar.

Looking forward, Feneck emphasized that he’s positive on the resource sector as a whole.

“I think that this year is going to shape up to be a really, really good year for commodities in general,” he said.

“And if Trump can pull off the big ‘what if’ and get Putin to come to the table — that’s going to be a game changer for a lot of these commodities that have been underwater, like nickel, platinum and palladium, etc.”

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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: Questcorp Mining is a client of the Investing News Network. This article is not paid-for content.

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.