The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Investing

John Feneck: Gold Coming Off “Tremendous” Year, 9 Stocks on My Radar

by admin February 1, 2024
February 1, 2024
John Feneck: Gold Coming Off “Tremendous” Year, 9 Stocks on My Radar

Gold put on a ‘tremendous’ performance in 2023, and John Feneck, portfolio manager and consultant at Feneck Consulting, believes the yellow metal increasingly has a protective role to play for investors.

‘I do think that we’re living in a world where gold has a place now,’ he said, acknowledging that it’s been frustrating to see gold stocks fail to perform. ‘I would just encourage people to be patient on the gold equities side.’

Silver hasn’t fared as well as gold, and Feneck said that’s because it’s been trading more like an industrial metal over the last two years. While US$30 per ounce is a level many market participants are looking for, it needs to pass US$24 first.

He mentioned the VanEck Gold Miners ETF (ARCA:GDX) as a solid portfolio component, but also listed several gold and silver stocks he believes have potential: Goliath Resources (TSXV:GOT,OTCQB:GOTRF), Cartier Resources (TSXV:ECR,OTC Pink:ECRFF), Guanajuato Silver Company (TSXV:GSVR,OTCQX:GSVRF), Silver X Mining (TSXV:AGX,OTCQB:AGXPF), AbraSilver Resource (TSXV:ABRA,OTCQX:ABBRF) and Aftermath Silver (TSXV:AAG,OTCQX:AAGFF).

Feneck is also interested in energy, and listed a number of companies involved in various aspects of that space.

Forum Energy Metals (TSXV:FMC,OTCQB:FDCFF) is a uranium company, while First Tellurium (CSE:FTEL,OTCQB:FSTTF) is focused on tellurium, a commodity used in solar panels. Meanwhile, SolarBank (CSE:SUNN,OTCQX:SUUNF) is a solar play.

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

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Quimbaya Gold Inc. Increases land position at Maitamac project, Colombia
next post
Agriculture Market Forecast: Top Trends That Will Affect Potash and Phosphate in 2024

Related Posts

Argyle Shares Pilot Plant Update, Prepares for Silica...

November 2, 2024

John Ciampaglia: Uranium Facing Tight Supply, Pent-up Demand...

November 6, 2024

Element79 Gold Corp. Provides Update on Chachas General...

April 18, 2025

Josef Schachter: Oil to US$80 by Q4? Plus...

May 24, 2025

Cybersecurity Stocks: 10 Biggest Companies

January 11, 2025

QX Resources: Tier 1 Lithium Assets in the...

January 13, 2024

Eagle Mountain Uses Fleet Space Technology to Advance...

August 19, 2024

High-Grade Discoveries Enhance Scale of Pelé Project

March 26, 2025

Top 4 Largest Lithium Reserves by Country (Updated...

October 7, 2024

Matthew Piepenburg: End Game is Inflationary, Gold Will...

February 8, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,402)
    • Investing (3,381)
    • Politics (4,562)
    • World (4,498)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved