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Season 2, Episode 34: The Bullish Case for Precious Metals, Energy Stocks

Last updated on November 30, 2020

Featuring Theron De Ris, Eschler Asset Management

Theron De Ris of London-based Eschler Asset Management joins the podcast to discuss why now may be an optimal time to invest in shares of precious metals companies and energy concerns.

One of De Ris’ favorite stocks — and primary portfolio holdings — is discussed at some length in the second half of the program.

Content Segments:
  • Why Eschler Asset Management is bullish on precious metals (3:14) and why the pullback could be a buying opportunity for gold equities in particular (8:02);
  • The picture for energy and why it is reminiscent of the precious metals industry circa 2015 (9:03);
  • Demand from emerging markets, especially China, should persist despite economic difficulties (11:44), nor should renewable energy crimp demand in the short term (13:08);
  • Background on the guest and how he got started waiting tables in Frankfurt, Germany (18:03) and eventually started his own fund (23:41);
  • His process for finding ideas and picking stocks (26:34);
  • How royalty and streaming companies work. Most are focused on precious metals, including Franco-Nevada Corp. (NYSE:FNV), Wheaton Precious Metals (NYSE:WPM), and Royal Gold (NASDAQ:RGLD) (28:00);
  • The favorite stock and one of the fund’s main holdings: EMX Royalties (NYSE:EMX) (30:07).
Additional Information on the Guest:
Not intended as investment advice.
 

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