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

Money Control Place

Investing

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

by January 31, 2024
January 31, 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
Exceptional Gold Intercept at Base of New 952koz Resource – Deepest Assay to Date
next post
Chinese hackers preparing to ‘wreak havoc’ on American citizens, communities, FBI director warns

Related Posts

Crypto Market Review: Trump Media Planning US$3 Billion...

May 27, 2025

Silver Tiger Metals Inc. Announces Bought Deal Financing

March 26, 2025

Victoria Gold Shares Drop After Landslide at Eagle...

June 27, 2024

How to Invest in Rare Earth Metals

May 6, 2025

BHP Overtakes Glencore as Top Mining Brand with...

March 29, 2024

Juggernaut Closes $1,000,000 $0.64 Unit Private Placement Financing

July 17, 2025

Puma Exploration Drills Visible Gold in 2023 Drilling...

August 18, 2023

Coinbase Expands USDC Rewards to Canada

September 17, 2025

CHARBONE Hydrogen Successfully Completes the Dismantling of Hydrogen...

October 9, 2025

NORTH ARROW CONFIRMS FOUR SPODUMENE PEGMATITES AT LDG...

August 11, 2023

    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

    • Lithium Market Update: Q3 2025 in Review

    • Despatch of SPP Offer Documents

    • Crypto Market Update: FalconX to Buy 21Shares, Senate Democrats Call Out Trump Envoy

    • Apollo Silver

    • Blackrock Silver Commences Phase 2 Hydrology Program, Geotechnical Evaluation and Seismic Survey on the Tonopah West Project

    Categories

    • Business (1,401)
    • Investing (3,062)
    • Politics (3,699)
    • Stocks (1,828)
    • 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