No single ticker was named. Gold & precious metals ETFs are one way for retail investors to get exposure. Not a recommendation.
Precious metals and energy tactical rotation
Taking advantage of heightened market volatility by tactically trimming precious metals and energy positions during price spikes and incrementally buying back during significant pullbacks.
The argument
The guest explained that Oxbow Advisors trimmed precious metals positions when gold and silver spiked, and did the same with energy during the March oil price spike. They are now incrementally building these positions back as gold has pulled back to around $4,000 and silver to $60, and oil has declined by roughly 40%.
The thesis, stress-tested
✓ What validates it
- ✓Gold stabilizing and rebounding from the $4,000 level
- ✓Silver finding a firm floor around the $60 level and resuming its upward trend
▸ Risks discussed
- ▸Commodity prices can overshoot downside targets during broader market liquidations
- ▸Geopolitical events can disrupt expected cyclical pullbacks in energy
Hear it yourself
"metals positions back into the portfolio. So that was one example. Another one in the energy market, we had a a good exposure to energy. And then when oil prices spiked unexpectedly with the war in Iran, during March, we ended up taking some of those positions off. Then oil falls by about 40%. The energy stocks pull back. We've been incrementally adding back in. And then finally, in terms of just"
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