Video News/Vancouver Resource Investment Conference 2024
You definitely want to own gold in a recession - Adrian Day
A recession would be positive for gold and gold stocks, said Adrian Day, chairman and CEO, Adrian Day Asset Management. In mid-January Day spoke to Kitco Mining at the Vancouver Resource Investment Conference 2024. He referenced a graph showing all the recessions going back to the 1960s. In every recession except one gold went up. In the majority of recessions, gold stocks rose and in some cases gained up to 200 percent.
Guests: Adrian Day
Source: Kitco Mining
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