{"id":4335,"date":"2024-05-14T12:13:25","date_gmt":"2024-05-14T12:13:25","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/05\/14\/nick-hodge-gold-to-remain-bullish-watch-silver-copper-and-uranium-too\/"},"modified":"2024-05-14T12:13:25","modified_gmt":"2024-05-14T12:13:25","slug":"nick-hodge-gold-to-remain-bullish-watch-silver-copper-and-uranium-too","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/05\/14\/nick-hodge-gold-to-remain-bullish-watch-silver-copper-and-uranium-too\/","title":{"rendered":"Nick Hodge: Gold to Remain Bullish, Watch Silver, Copper and Uranium Too"},"content":{"rendered":"<p><strong>Nick Hodge, publisher at Digest Publishing, shared his latest thoughts on gold, silver, copper and uranium. <\/strong><\/p>\n<p>Speaking first about the yellow metal, he said he sees it maintaining its bullish edge. \u2018Gold is starting to check technical milestones. It\u2019s checking technical boxes that tell broader, more generalist investors that gold is emerging from a bear market, and it starts to beget or attract capital simply because it\u2019s going up,\u2019 Hodge explained. <\/p>\n<p>While silver is currently lagging behind gold, it\u2019s starting to move based on a shift in perspective. <\/p>\n<p>\u2018What\u2019s happened is that silver is being treated now as more of a precious metal than an industrial metal,\u2019 Hodge explained during the interview. \u2018Before it was trading sideways to down with copper, and now that gold has caught a bid, silver is doing what it\u2019s typically done in the past \u2014 it\u2019s being treated more as a precious metal.\u2019<\/p>\n<p>Looking over to copper, he said while its supply\/demand fundamentals have been strong for some time, prices are now moving because a recession hasn\u2019t materialized in the US. Meanwhile, other countries are coming out of recessions. <\/p>\n<p>One way Hodge is playing copper is with the iShares Copper and Metals Mining ETF (NASDAQ:ICOP). <span><\/span><\/p>\n<p>In closing, he touched on uranium, saying he remains bullish as the commodity consolidates after a quick run. <\/p>\n<p>\u2018Commodities move in cycles \u2026 and I think that it\u2019s going to be a cascading or a wave effect,\u2019 he said. \u2018We talked about how investors are bored with uranium right now because they\u2019re more intrigued with gold and copper. Well you\u2019re going to see that copper will do its thing for a little bit and then it\u2019ll spill over into silver and platinum-group metals and then back into uranium. I think that with higher inflation for longer and then with relatively stagnant growth it\u2019s a good environment for commodities across the board to move higher. And they\u2019re just going to do so in independent cycles.\u2019 <\/p>\n<p>Watch the interview above for more of Hodge\u2019s thoughts on gold, silver, copper and uranium. <\/p>\n<p><strong>Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nick Hodge, publisher at Digest Publishing, shared his latest thoughts on gold, silver, copper and uranium. Speaking first about the yellow metal, he said he sees it maintaining its bullish edge. \u2018Gold is starting to check technical milestones. It\u2019s checking technical boxes that tell broader, more generalist investors that gold is emerging from a bear [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":4336,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/4335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=4335"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/4335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/4336"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=4335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=4335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=4335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}