1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
Preparing video
Shawn Hickman from Market Matters examines the commodities sector, noting gold's current strength. With geopolitical tensions and strong central bank buying, gold is surging in Australian dollar terms, reaching above $4000. Shawn advises staying long on gold, opting for stocks or ETFs over physical gold, with a preference for companies like Evolution Mining (ASX:EVN). Shawn also expresses optimism about silver, which has surged by 50% this year. He encourages investment in silver ETFs to capitalise on potential further gains. When it comes to uranium, although some volatility persists, major tech firms' interest in nuclear energy fuels excitement. Shawn remains long on companies like Cameco (NYSE:CCJ) and Paladin, citing their potential in the clean energy landscape.
While Paladin (ASX:PDN) faces some uncertainty due to a blocked acquisition deal, Boss (ASX:BOE) is also showing value and might follow a rising trend, highlighted by their recent performance. Overall, Shawn endorses exposure to these commodities sectors through quality stocks and ETFs.
