{"id":7781,"date":"2024-09-11T15:03:55","date_gmt":"2024-09-11T15:03:55","guid":{"rendered":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/09\/11\/john-feneck-gold-silver-copper-10-stocks-im-bullish-on-now\/"},"modified":"2024-09-11T15:03:55","modified_gmt":"2024-09-11T15:03:55","slug":"john-feneck-gold-silver-copper-10-stocks-im-bullish-on-now","status":"publish","type":"post","link":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/09\/11\/john-feneck-gold-silver-copper-10-stocks-im-bullish-on-now\/","title":{"rendered":"John Feneck: Gold, Silver, Copper \u2014 10+ Stocks I\u2019m Bullish on Now"},"content":{"rendered":"<p><strong>John Feneck, portfolio manager and consultant at Feneck Consulting, shared his latest thoughts on the gold sector, saying that with the yellow metal&#8217;s price reaching all-time highs now is a good time to buy gold stocks.<\/strong><\/p>\n<p>&#8216;Gold has now trended higher for months. Last year it was forming a base at US$1,900 (per ounce), this year it&#8217;s forming a base at US$2,300 to US$2,400. And this is for weeks and weeks and weeks,&#8217; he explained. <\/p>\n<p> &#8216;When you see this kind of basing pattern in any chart it&#8217;s called consolidation \u2014 it&#8217;s a really good chart pattern to look for where you&#8217;re building a base that you can build off of usually \u2014 not the other way where it crashes and burns.&#8217; <\/p>\n<\/p>\n<p>Feneck gave overviews of a variety of small-cap resource stocks he&#8217;s watching. Precious metals stocks on his radar at the moment include Guanajuato Silver (TSXV:GSVR,OTCQX:GSVRF) and Silver X Mining (TSXV:AGX,OTCQB:AGXPF).<\/p>\n<p>Moving over to copper, he mentioned Inflection Resources (CSE:AUCU,OTCQB:AUCUF), Vox Royalty (TSX:VOXR,NASDAQ:VOXR), Alta Copper (TSX:ATCU,OTCQX:ATCUF) and Denarius Metals (OTCQX:DNRSF). <\/p>\n<p>&#8216;Special situation&#8217; companies with different ideas or exposure to lesser-known sectors are also of interest to Feneck. Examples include Millennial Potash (TSXV:MLP,OTCQB:MLPNF) and Angkor Resources (TSXV:ANK,OTCQB:ANKOF).<\/p>\n<p>Watch the interview above for more from Feneck on the resource sector and the companies he&#8217;s eyeing.<\/p>\n<p><strong>Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>John Feneck, portfolio manager and consultant at Feneck Consulting, shared his latest thoughts on the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-7781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/7781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/comments?post=7781"}],"version-history":[{"count":0,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/7781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media\/7782"}],"wp:attachment":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media?parent=7781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/categories?post=7781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/tags?post=7781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}