SILV - Buying To The Bottom In Gold & Silver With Don Durrett
2024-04-18 14:15:00 ET
Summary
- Don Durrett talks gold and silver miners' 3.5 year correction.
- Gold and silver have both surpassed their breakout levels, with silver at $28 being an important level to watch.
- HUI Gold Index and the risk-on trade on Wall Street are two important factors that will determine the future of gold and silver miners.
- Portfolio picks, buying quality names to the bottom.
Listen here or on the go via Apple Podcasts and Spotify
Don Durrett talks the 3.5 year correction in gold and silver miners and passing breakout levels in gold and silver (0:55). Portfolio picks, buying quality names to the bottom (12:20). Loving most sector ETFs for diversification (33:10).
Transcript
Rena Sherbill: Don Durrett, welcome back to Investing Experts. It's great to have you back on the show. It's great to have you back talking gold and silver and miners. Thanks for joining us.
Just to refresh the audiences and listeners and investors' memories, you have your Investing Group on Seeking Alpha, it's called Gold & Silver Mining Ideas , appropriately, I would say.
Last time you were on talking just that, gold and silver miners, how you approach the space, how you approach the sector, how you're thinking about specific names. You want to catch us up on how you're thinking about things mid-April, 2024, as you look at the precious metals sector?
Don Durrett: Yeah, we can start there. So, when gold first made this initial move, let me back up even further than that. So, we've been in a 3.5 year correction with gold, silver, and the miners going back to August of 2020. And so, we've had a lot of ups and downs, if you will, a lot of false breakouts in both gold and silver....
Buying To The Bottom In Gold & Silver With Don Durrett