Fund Manager Dave Kranzler Provides Precious Metals and Gold Stock Commentary
Dave Kranzler of Investment Research Dynamics returns to the program to provide his commentary on the precious metals sector. He also shares two junior gold stocks he likes right now. We discuss what constitutes appropriate share dilution for a pre-revenue junior miner. Dave also addresses a question from an MSE listener about what will happen to our gold stock holdings after a major systemic collapse in which our bank/brokerage goes insolvent.
Dave holds an MBA from the University of Chicago with a concentration in accounting and finance. Over the years he has worked in various analytic and trading jobs on Wall Street. For nine years of those years he traded junk bonds for a large bank. For the past 16 years, Dave has been an avid student of the precious metals markets and steadfast proponent of holding physical gold and silver in one’s portfolio. Currently, he co-manages a precious metals and mining stock investment fund in Denver. Dave’s stated goal is to help people understand and analyze what is really going on in our financial system and economy.
0:05 Introduction
2:19 Price action in gold and silver and its significance
7:05 Wait for a pullback to buy more gold stocks?
11:39 Why Dave likes U.S. Gold Corp.
23:24 Discussing Mineral Mountain Resources
26:57 Discussing appropriate share dilution for pre-revenue junior miners
36:44 What will happen to our gold stocks after a major systemic collapse?
