INK Ultra Money: Investing like it is 2023 - Tech and silver
Today, on INK Ultra Money we hear from Stanley Druckenmiller understudy Beeneet Kothari who specializes in global technology investments. He believes investors are investing like it is 2023 and dispassionately suggests we are in a multi-decade technology era. When asked to name a stock he likes, he serves up a contrarian idea which we suspect is not a Kyle Bass holding. Watch the premium interview here.
Earlier on Monday, we heard Robin Griffiths from the T3 Report make the technical case for gold. That followed our INK market report that pointed to the break down of the gold silver ratio last week. The trend is continuing which reinforces our view that G-economy forces are building. Global policy makers seem to be throwing the kitchen sink at the challenge of generating more inflation. Nevertheless, I continue to hear US dollar and bond bulls warn that this is all a big head fake.
For example, Ed Harrison is skeptical about an inflation comeback and you can hear his take in the Real Vision Daily Briefing Monday which focuses primarily on dreary economic news out of the US and Europe. We will see how the market treats deflation bets in the weeks ahead. D-economy investments are due for a bounce at least.
Silver is outperforming gold suggesting more inflation is in the pipeline
On Friday and Monday, we highlighted two junior mining stocks with insider buying in our morning reports. On Friday, we looked at industrial junior Niobay Metals (NBY) and Monday we looked at Atlantic focused Anaconda Mining (ANX) which is hitting a 52-week high as I write this blog (Niobay made a 52-week high yesterday).
Today, we returned to our third core investment theme which looks for stocks offering COVID-19 solutions. CloudMD (DOC) found itself at the right place early spring with its technology solution for telehealth. The company now must demonstrate that it is able to execute on its business strategy across segments. It will be interesting to see how it performs versus Well Health Technologies (WELL) which has a similar growth-by-acquisition business model.
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