Glue of the Economy Now Under a Microscope

BREAKING NEWS: AGNICO EAGLE IS NOW THE MOST VALUABLE GOLD COMPANY IN THE WORLD, SURPASSING NEWMONT.

Boom. Big news in the gold industry.

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I asked Sean Boyd, a key leader at Agnico Eagle—which today became the world’s most valuable gold company—whether this next move in gold could be one of the most powerful we’ve seen.

He said it very well could be, as gold is now competing directly with the stock market—head to head, toe to toe.

Sean also noted that the reason we haven’t seen a collapse in recent years is due to strong fundamental buying supporting the market.

Interesting times ahead…

We covered lots of different themes:

Gold.
Mining.
Building Agnico Eagle
Macro.

Watch the full episode here:

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The United States says billions of dollars worth of annual copper imports threaten national security. Dr. Copper. The glue of the economy is now under the microscope. What next?

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Now is a great time to be in the business of discovering, developing, and growing mineral resources. The world desperately needs it. Especially gold and copper.

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The Bank of Japan Governor now warns of “very strong” uncertainty on the global economic outlook due to United States tariffs. The Bank of Japan owns over 50% of Japanese debt. Quite a performance.…

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Congo’s president looks to make a minerals deal with the United States. This trend is starting to really accelerate. The West is hungry for elements.

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BHP is hunting for copper but finds it tough to find quality deposits in stable regions. This is one of the world’s largest mining companies. You can’t print world-class deposits. There will eventually be a RACE to high-grade deposits.

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It’s wild to think that central banks bought over 1,000 tons of gold for the third straight year in 2024. More than 32 million ounces. Talk about whales in the market…