Thom Calandra of the Calandra Report shares the commodity he’s most bullish on, as well as exploration stocks he’s watching right now.
Various metals have experienced upward price momentum in 2021, spurring discussions of whether the resource sector is in the midst of a commodities supercycle.
Sharing his thoughts on the situation, Thom Calandra of the Calandra Report said it’s too soon to tell.
“The question I think you and I have to ask ourselves is with metals … some of them (are) hitting new highs or fresh highs, or the highest points they’ve seen in 11 years, let’s say, in the case of gold are they going to surpass those highs now, or are they going to hang out?” he commented.
As The Calandra Report s subscribers help GATA, they ll see more than gold | Gold Anti-Trust Action Committee
gata.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gata.org Daily Mail and Mail on Sunday newspapers.
Whichever way the market goes, you can win with The Calandra Report -- and so can GATA
gata.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gata.org Daily Mail and Mail on Sunday newspapers.
Among others, Calandra mentioned nickel-focused Clean TeQ Holdings (ASX:CLQ,OTCQX:CTEQF) and metallurgical coal miner American Resources (NASDAQ:AREC). He spoke about his longtime holdings Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and Xtra-Gold Resources (TSX:XTG,OTCQB:XTGRF) as well.
Calandra is also interested in gold and silver producers right now, which is said is unusual for him.
“I’ve been moving a little more toward producers, a little more toward gold and silver producers, which is very unlike the Calandra Report and me,” he explained. “That’s because look at the income that’s coming in now from some of these companies … their cash flows are surging because of the gold price and silver price, and so I’m on the hunt for cheap or relatively cheap small producers.”
As dollar breaks and metals resume rise, The Calandra Report helps GATA | Gold Anti-Trust Action Committee
gata.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gata.org Daily Mail and Mail on Sunday newspapers.