American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

John Feneck: Gold Coming Off “Tremendous” Year, 9 Stocks on My Radar

by admin February 1, 2024
February 1, 2024
John Feneck: Gold Coming Off “Tremendous” Year, 9 Stocks on My Radar

Gold put on a ‘tremendous’ performance in 2023, and John Feneck, portfolio manager and consultant at Feneck Consulting, believes the yellow metal increasingly has a protective role to play for investors.

‘I do think that we’re living in a world where gold has a place now,’ he said, acknowledging that it’s been frustrating to see gold stocks fail to perform. ‘I would just encourage people to be patient on the gold equities side.’

Silver hasn’t fared as well as gold, and Feneck said that’s because it’s been trading more like an industrial metal over the last two years. While US$30 per ounce is a level many market participants are looking for, it needs to pass US$24 first.

He mentioned the VanEck Gold Miners ETF (ARCA:GDX) as a solid portfolio component, but also listed several gold and silver stocks he believes have potential: Goliath Resources (TSXV:GOT,OTCQB:GOTRF), Cartier Resources (TSXV:ECR,OTC Pink:ECRFF), Guanajuato Silver Company (TSXV:GSVR,OTCQX:GSVRF), Silver X Mining (TSXV:AGX,OTCQB:AGXPF), AbraSilver Resource (TSXV:ABRA,OTCQX:ABBRF) and Aftermath Silver (TSXV:AAG,OTCQX:AAGFF).

Feneck is also interested in energy, and listed a number of companies involved in various aspects of that space.

Forum Energy Metals (TSXV:FMC,OTCQB:FDCFF) is a uranium company, while First Tellurium (CSE:FTEL,OTCQB:FSTTF) is focused on tellurium, a commodity used in solar panels. Meanwhile, SolarBank (CSE:SUNN,OTCQX:SUUNF) is a solar play.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Quimbaya Gold Inc. Increases land position at Maitamac project, Colombia
next post
Agriculture Market Forecast: Top Trends That Will Affect Potash and Phosphate in 2024

Related Posts

Is there a good reason to invest in...

December 17, 2024

Silver and the SLV ETF could be on...

September 25, 2024

Mernova Q3 Revenue Update

July 24, 2024

CAC 40 forecast ahead of Thales, Kering, Hermes...

October 17, 2024

Investor Presentation

May 23, 2024

Ross Norman: Gold’s Record Highs Driven by China,...

May 8, 2024

From 13.5 to 40: Here’s why the Zimbabwe...

October 2, 2024

Black Mountain Project Land Position Expanded

March 6, 2024

AMD stock price forecast: could crash 45% if...

March 14, 2025

Sprout Social stock is down 77% from ATH:...

December 22, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • GMS stock jumps 29% on takeover interest from Home Depot, QXO, analysts raise PTs

      June 22, 2025
    • Japan’s rice price surge: what’s driving it and why it could spark a political crisis

      June 22, 2025
    • BofA raises STOXX 600 target amid resilient global growth, warns on Mideast risks

      June 22, 2025
    • Palantir co-founder: US must prevent Iranian nukes

      June 22, 2025
    • Fed governor Waller advocates for July rate cut amid tariff, labor market outlook

      June 21, 2025

    Categories

    • Business (3,209)
    • Investing (2,537)
    • Latest News (2,000)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved