Thom Calandra: Recapping 2020, Mining Stocks to Watch in 2021 | Summary and Q&A

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January 7, 2021
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Investing News
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Thom Calandra: Recapping 2020, Mining Stocks to Watch in 2021

TL;DR

2020 was a volatile and eventful year for the mining industry, with some surprises and gains. The market trends are heading upward, but caution is advised. Key areas of focus for 2021 include gold, platinum, nickel, and clean tech.

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Key Insights

  • 🉐 2020 was a volatile year for the mining industry, but there were opportunities for gains.
  • 😮 Tom Calandra's portfolio performed well, with a 40% gain on average and some pleasant surprises.
  • 💀 The current market trend is positive, but caution is advised due to potential risks and the dangers of investing based solely on momentum.
  • 🤩 Key areas of focus for 2021 include gold, platinum, nickel, and clean tech, as the green trend and infrastructure demand continue to drive growth.
  • 🛩️ There are opportunities for intense speculation in small companies within the mining and resource sectors.
  • 🪛 Innovation in mining and biotech industries is expected to drive stock prices higher.
  • ❓ Calandra advises investors to buy as cheap as possible and to have a diversified and speculative portfolio.

Transcript

i'm charlotte macleod with the investing news network and here today with me is tom calandra of the calandra report and tomcalandra.com that's tom with an h thank you so much for being here online with me today charlotte for what the twelfth time it's a pleasure being with you you know uh via zoom yes via zoom at least for a little bit longer i thi... Read More

Questions & Answers

Q: How did the mining space perform in 2020?

The mining space had a turbulent year with volatile commodity prices, but there were also significant gains in some investments. Overall, the market was "crazy" but filled with opportunities.

Q: How did Tom Calandra's portfolio perform in 2020?

Tom Calandra's portfolio and his subscribers had a 40% gain on average, thanks to careful investment choices and a wide portfolio. There were also pleasant surprises, such as an 800% gain in a graphite company.

Q: How does Calandra feel about the current market trend?

Calandra is cautiously optimistic about the current market trend but acknowledges the dangers of investing solely based on momentum. He prefers to catch the falling knife and hold investments for the long term.

Q: What junior resource stocks will Calandra be watching closely in 2021?

Calandra is interested in clean tech companies involved in platinum, nickel, and graphite. He also mentioned a focus on gold and silver producers, particularly those in Nevada and Arizona.

Summary & Key Takeaways

  • 2020 was a "crazy" year for the mining space, with volatile commodity prices and significant gains in some investments.

  • The portfolio of Tom Calandra and his subscribers performed well, with a 40% gain on average and some pleasant surprises.

  • Calandra is cautiously optimistic about the current market trend but warns of the dangers of investing solely on momentum.

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