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Matt Geiger: Gold Holds Strong in the Face of High Rates

Tom welcomes back MJG Capital Managing Partner Matt Geiger to the show. Matt remarks on the recent rallies and predicts that a smaller rally could occur on a Fed pause, while noting that reaching new highs is still in the realm of possibility. He believes the next decade holds promise for investing in miners and commodities and that this will eventually trickle down to junior miners, making him feel comfortable with the current situation.

Macro factors are aligning well for precious metals, with mid-tiers beginning to pick up and the broader markets waiting in anticipation. Matt predicts that mining will eventually become more popular among younger generations. He also acknowledges the hype surrounding lithium mining, but believes that a correction is needed in that market with the trend moving towards lithium ion phosphate batteries.

Matt is seeing increasing M&A activity, including some significant acquisitions. He provides advice on investing in junior miners and explorers; suggesting that betting on the people rather than individual projects is usually the best approach.

Time Stamp References:
0:00 – Introduction
1:37 – Miners & Sentiment
8:06 – Gold & Resistance
14:35 – Commodities Value
17:36 – Mining & Politics
21:49 – Lithium Mining
25:23 – Refining Capacity
27:42 – Strategic Minerals
31:22 – Copper Demand
34:05 – Silver Thoughts
37:44 – Canada Divestment?
41:14 – Jurisdictions
48:08 – M&A Activity
51:43 – Junior Mining Mistakes
1:01:06 – Wrap Up

Talking Points From This Episode

  • The next decade will be a good one for investing in miners and commodities.
  • M&A Activity is picking up in the mining sector.
  • Lithium mining is currently a hot topic, but Matt believes a correction in the market is required.

Guest Links:
Website: http://mjgcapital.com/
Twitter: https://twitter.com/geigercounting

Mr. Geiger is Managing Partner at MJG Capital, a limited partnership specializing in natural resource investments. The partnership is long-only and holds a concentrated portfolio of resource equities. Investments include explorers, developers, and producers of precious metals, energy metals, industrial metals, and ag minerals. Matt is a graduate of the Wharton School at the University of Pennsylvania and previously founded a venture-backed technology company most recently valued at $150m.

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