State of the Gold Mining Industry with Fund Manager Adrian Day

Adrian Day of Adrian Day Asset Management is a seasoned investor, speaker, author, and adviser.  In this interview, Adrian states that he believes that gold is the best risk-reward investment option right now. He provides commentary on the state of the gold mining industry and analysis of the 2019 major gold miner merger and acquisition activity.  Adrian also shares his thoughts regarding what he is bullish on other than gold and copper.

0:05 Introduction

1:34 What does 2019 M&A activity indicate about where we are in the gold cycle?

5:20 Peak gold?

7:02 Major gold miners competing with ETFs for generalist investor dollars?

14:07 Newmont Goldcorp’s $1B share buyback

15:34 Downside to investing in smaller developers in light of Barrick’s desire for massive projects?

18:44 Kirkland Lake’s buying of Detour Gold

20:23 What are you bullish on other than gold and copper?