Thom Calandra: My One Word to Describe Gold Right Now? "Destiny"

TL;DR

Market volatility continues to impact investors' portfolios, with uncertainty surrounding buying opportunities. Thom Calandra advises holding onto losing stocks and shares insights on gold, energy, and polymetallic companies.

Transcript

I'm Charlotte McLeod with the Investing  News Network, and here today with me is   Thom Calandra of the Calandra Report. Thank  you so much for joining me, great to see  you. Well, it's been about what, six,  seven months, Charlotte? Well, and  I don't know how long it's been since  we actually saw each other in person,   quite a bit longer than th... Read More

Key Insights

• 💄 Market volatility makes it challenging to predict stock market movements accurately.
• 😚 Holding onto losing stocks can be a viable strategy, depending on personal investment preferences.
• 🏅 Investments in gold, energy, and polymetallic companies are among Calandra's recent choices.
• 📰 Companies that continue to release news updates can benefit when risk capital returns to the market.
• 🧑‍🏭 Market conditions value cash flow and timeline to commercialization or production over other factors.
• ↩️ Uncertainty surrounding when the market will return to normal affects decision-making for CEOs.
• 🌥️ Ivanhoe Mines is an example of a larger company that consistently releases news updates.

Questions & Answers

Q: Is now a good time to buy stocks?

Calandra believes that buying opportunities exist, and he has personally made recent investments, particularly in gold, energy, and polymetallic companies.

Q: Should investors hold onto losing stocks or let them go?

Calandra prefers to hold onto losing stocks, contrary to popular advice to let winners run. He believes that investing is a personal choice and sticks to his strategy.

Q: What is the appeal of polymetallic companies?

Calandra explains that polymetallic companies provide exposure to multiple metals, such as zinc, lead, and silver, which can provide additional value and potential credits in the current market environment.

Q: How are companies handling news flow during market downturns?

Calandra mentions selective companies that continue to release news updates regardless of market conditions, indicating confidence in their shareholder base and a commitment to transparency.

Summary & Key Takeaways

• Thom Calandra discusses the unpredictable nature of stock markets and advises caution in attributing specific reasons for market movements.

• He shares that he personally holds onto losing stocks and shares his recent investments in gold, energy, and polymetallic companies.

• Calandra talks about the importance of companies continuing to release news updates and how risk capital disappearance affects various industries.