Aug 8, 2022
Summary:
The markets are at the mercy of the federal reserve right now. What
do you do about it? Dudley Baker has been through many downturns
and bull markets, and gives his take on the volatility in the
markets. The mining sector has taken some hits, and many investors
have endured losses because of this. Dudley is confident, however,
that the mining sector will take off in the near future. This is
not a sector where you can get in and out; rather, it’s going to
require patience and a lot of focus on its movements. Tune in to
hear more insight from Dudley.
Highlights:
-It’s important to have trusted individuals to look to as mentors
during this time
-There are a lot of companies right now with stock warranties that
are trading
-On a good day, the mining sector is terrible—there is no long term
growth, and it is a cyclical environment
-There is no confidence that upside moves in mining will last
-Dudley is confident that the mining sector will take off at some
point in the near future
-If you’re a trader trying to get in and out, the mining sector is
probably not for you
-The one year chart is far below its one year low
-The focus is very much on uranium—there’s going to be a winner for
the twenty cent range
-When uranium spikes, there’s no saying how high it could go
-This sector will have its day in the sun one more time
Useful Links:
Financial Survival Network
Common Stock Warrants