Michael Gayed: Gold, Silver & Other Commodities will Continue to Climb
Michael discusses his recent article about the markets and his evaluation that most commodities are currently undervalued. Most investors focus on the Dow and the S&P 500 while missing out on the fact that other markets like commodities have yet to reach new highs. The Fed needs to increase inflation to reduce their debt levels. We are beginning to see the start of a new reflationary cycle.
Technical indicators are interesting, and they can be useful for trend trading and assessing risk. Moving averages tell you about possible future price movements. Gold, like everything else, goes through cycles, and you can always rely on an eventual reversion to the mean.
There seems to be a general supply shortage with palladium, and the higher prices should eventually balance out supply. This bull market may still have a ways to go, but the amount of remaining upside will probably be limited.
He discusses how he was able to watch the financial industry change through his father’s eyes while growing up. The industry has become far more rigid and institutionalized today than in the past.
There is a tremendous flow of liquidity in today’s markets. As an investor today, you have to be very patient and wait for the market cycle to come to you.
“Black Swan” by Nassim Taleb is a book that intrigues Michael because history doesn’t tend only to crawl; instead, it jumps. Things can move in unexpected ways, and Nassim’s philosophy is well worth considering. A good asset allocation mix can protect you in times of uncertainty, and generally, you want to be careful to avoid taking excessive risk.
Time Stamp References:
0:40 – The direction for commodities.
4:30 – Using indicators for minimizing risk
7:10 – Direction for the palladium market.
9:10 – Learning from his father.
12:00 – Central banks and volatility.
16:00 – Favorite books and unexpected events.
Talking Points From This Weeks Episode
• The outlook for commodities.
• Learning from his father’s experiences.
• Liquidity flows in today’s markets.
• Balancing risk versus reward in uncertain times.
Michael is respected as an award-winning, results-oriented Investment Manager showcasing 15 years of success. He is known for identifying and implementing various investment strategies to capture market anomalies. Michael offers a proven track record of investment opportunities, quickly understanding market dynamics and relationships. He is also an out-of-the-box thinker committed to hard work with a passion for investing. Michael is way more popular on Twitter with over 100k followers than in real life. You can find out more about Michael and his services here.
He is a graduate of (Cum Laude) NYU Stern School of Business with a Double Major in Finance & Management and has a Bachelor of Science in Finance & Management. He is a Chartered Financial Analyst from the CFA Institute.