Gerardo Del Real,
Editor
Dec. 16, 2024
This is your Resource Stock Digest editor Gerardo Del Real with your Monday coffee talking points.
Another week, another week, another week of volatility.
Canada's Finance Minister has quit over a Trump tariff dispute with Trudeau. This as the dollar index is pushing the 107 level. Despite a robust dollar, gold continues to hold up very, very well. It’s trading currently at $2,650 while silver is above 30, trading at $30.50. Copper is $4.08 a pound on the back of Chinese stimulus.
2025 should be a fun, fun year in the commodity space. Though, I have to warn it won't be without volatility and we're already seeing a lot of that going into 2025.
I'm excited for 2025.
I'm looking forward to seeing uranium break out. It's broken down below the $80 level. I think it's temporary. I think the uranium equities are on sale right now.
There's a lot out there in the market to like. Tax-loss selling season is coming to an end here in the next couple of weeks. Take advantage of the weakness in the juniors to pick up the better names.
It's an excellent time to do it.
I hope everyone has a phenomenal week.
Let's get it,
Gerardo Del Real
Editor, Resource Stock Digest