Jonathan Davis: Gold and Uranium – The Best Sectors to Make Profits in this Environment
Jonathan Davis is the host of the Booms Busts podcast and “The Wealth Advisor for Jonathan Davis Wealth Management. Jonathan joins the program to discuss how the world is changing. COVID has brought forward the mess that was likely to happen regardless. We have a massive debt and liability problem, but dwelling on that fact won’t make investors any money.
He argues that the only currency you should own is the US dollar and gold. Those are the only two forms of money worth having given where we are today. He focuses on ETF’s and various funds that match his current investing methodology instead of picking individual stocks.
He discusses the uranium sector, and it’s current trivial valuations. He says, “Uranium is all set up; it’s just a matter of waiting for it to happen.” He is very bullish on this sector for the next three to four years.
Gold will likely take until 2025 to reach the $5000 range, but he fully expects to see $2000 this year.
Time Stamp References:
0:20 – Introduction
2:20 – How the world is changing.
5:25 – Investments in periods of turmoil.
10:30 – Two currencies exist in the world.
13:00 – Active funds he uses.
16:50 – Uranium looks excellent.
22:30 – Forecasts for Gold/Uranium.
27:30 – Things that bug Jonathan.
Talking Points From This Episode
• The only “currencies” worth having.
• The perfect setup in uranium.
• Gold’s performance this coming decade.
• Be discerning of gold bugs.
• Why you shouldn’t fight the Fed.
Jonathan Davis BA MBA FCII FPFS, Chartered Financial Planner, is the Wealth Adviser. He is a former Chairman of the London Region of The Institute of Financial Planning (now Chartered Wealth Management Institute).
Jonathan has been delivering wealth advice since 1987. Johnathan established the Jonathan Davis Wealth Management in January 2007, where they provide a niche Wealth Management advising a small number of clients. He established this firm in January 2007.
He has over 1000 appearances in the press, radio, and TV. He is often asked to comment on financial issues.