Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

John Feneck: Gold Setup is “Beautiful,” New All-time High to Come

by December 1, 2023
December 1, 2023
John Feneck: Gold Setup is “Beautiful,” New All-time High to Come

Gold is above US$2,000 per ounce again, and John Feneck of Feneck Consulting believes it’s set to move higher.

Feneck noted that the banking crisis earlier this year added a new floor for the yellow metal; since then, the Israel-Hamas war, which broke out almost two months ago, has created even more safe-haven demand for gold.

‘If it wasn’t for Bitcoin doing so well, (artificial intelligence) doing so well, tech doing so well in general you’d have an all-time high probably already in our view,’ he said. ‘But it’ll just happen next year. We get more time to build positions.’

In terms of gold, he mentioned Cartier Resources (TSXV:ECR) and US Gold (NASDAQ:USAU) as companies he’s interested in, as well as Silver Tiger (TSXV:SLVR,OTCQX:SLVTF) on the silver side. Feneck is also looking outside the precious metals sector — his uranium holdings include Denison Mines (TSX:DML,NYSEAMERICAN:DNN), Uranium Royalty (TSX:URC,NASDAQ:UROY), Forum Energy Metals (TSXV:FMC,OTCQV:FDCFF) and the Global X Uranium ETF (ARCA:URA)

Watch the interview above for more from Feneck on gold, silver and uranium, as well as thoughts on First Tellurium (CSE:FTEL,OTCQV:FSTTF), Golden Metal Resources (LSE:GMET,OTCQB:GMTLF), Talon Metals (TSX:TLO,OTC Pink:TLOFF) and Power Nickel (TSXV:PNPN,OTCQB:PNPNF).

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
Henry Kissinger: World leaders comment on the diplomatic giant’s life, legacy and global impact
next post
Cannabis Stocks: 10 Biggest Companies

Related Posts

Extensive Greenland Lithium Exploration Campaign Launched by Brunswick...

June 18, 2025

Yvonne Blaszczyk: Gold an “Absolute Necessity,” Key Factors...

February 22, 2024

Tech 5: Apple to Invest US$500 Billion in...

March 2, 2025

Ramp Metals Initiates Drill Program for the Rottenstone...

April 2, 2025

BPH Energy Ltd Raises $1 Million to Accelerate...

May 13, 2024

Atlantic Lithium: Building Ghana’s First Lithium Mine

December 2, 2023

Gold Price Tumbles on Latest US CPI Reading

March 16, 2024

Silver Price Update: Q1 2025 in Review

April 10, 2025

Charbone Hydrogen: The Only Publicly Listed Green Hydrogen...

March 7, 2024

PRINCIPAL TECHNOLOGIES ANNOUNCES FUNDAMENTAL ACQUISITION OF VIVOSTAT A/S

February 8, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Gold’s Meteoric Rise: Can the Price Break US$4,000 in 2025?

    • COB: Repayment of Promissory Note

    • Lo Herma Resource Drilling Timing Confirmed

    • Reinstatement to Quotation

    • Tariff Talks: Swiss Propose Investment in US Gold Refining

    Categories

    • Business (1,395)
    • Investing (2,975)
    • Politics (3,699)
    • Stocks (1,807)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 © 2025 moneycontrolplace.com | All Rights Reserved