Avoiding Gold Stock Investing Pitfalls with Fund Manager Greg Orrell
Fund manager Greg Orrell of the OCM gold fund discusses avoiding gold stock investing pitfalls in this interview. He warns about the many unscrupulous characters that are attracted to and who operate in the gold space. Greg shares how he got involved in the gold sector and why he believes gold is superior to bitcoin. He talks about the difference between this gold upcycle and the upcycle of 2000-2011. Greg also discusses his gold stock exit strategy and offers much advice for gold stock speculators.
0:00 Introduction
0:41 Gold vs bitcoin
5:27 Last gold upcycle vs this gold upcycle
11:39 Gold producers: dividends or reinvest capital?
13:20 Junior gold space attracts unscrupulous characters
17:17 Manager involved in too many companies…would you invest?
18:48 Inflated gold stock share price because of speculation & promotion
20:55 Gold stock exit strategy
23:02 Final advice