Investing

Dr. Nomi Prins: Real Assets Due for Major Bull Cycle, Watch Gold, Uranium, Rare Earths

Dr. Nomi Prins shared her thoughts on why central banks are buying gold, uranium’s role in the energy transformation and why she became a director at ASX-listed Meteoric Resources (ASX:MEI).

The geopolitical macroeconomist and best-selling author emphasized that a shift toward real assets is taking place.

‘We are at the cusp of I think a major, major bull cycle for real assets because of weakness in banks, because I think the (US Federal Reserve) and other central banks are less relevant with respect to monetary policy and controlling anything. And because the world is evolving very quickly (due to) artificial intelligence, data, technology, the energy transformation,’ she said on the sidelines of the Rule Symposium in Boca Raton, Florida.

‘All of these things require more resources than we’ve actually mined in a lot of cases. So I think the main thing to think about as an investor is that some of these are long-term plays … in your investment portfolio.’

Watch the interview for more from Dr. Prins on gold, uranium and rare earths.

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

This post appeared first on investingnews.com

You May Also Like

Investing

Overview Rua Gold (CSE:RUA,OTC:NZAUF,WKN:A4010V,OTCQB:NZAUF) is a gold exploration company focused on two prolific, historic gold-producing regions in New Zealand: Hauraki Goldfield and Reefton Goldfield....

Editor's Pick

Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

Stock

Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for...

Economy

The Israel Defense Forces (IDF) announced the death of Fuad Shukr, the Hezbollah commander who was behind a drone strike that killed 12 children...

Disclaimer: wisetradeinvesting.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 © 2024 wisetradeinvesting.com