Thomas Puppendahl is one of those gold bugs who tends to strike a chord with a lot of people. His expertise in the investment sector and global capital markets is put to good use when discussing precious metals.
Who is Thomas Puppendahl?
Thomas has started his career as an analyst in the M&A division of Merrill Lynch in London. Being part of such a vast financial firm at an early stage will often provide invaluable insights into finances and markets. Puppendahl worked on major international deals spanning numerous industries, and became of key value during the 1998 Asia crisis.
His stint in the M&A segment did not end there either. The second major job, for Emgassen & co, revolved primarily around cross-border merger and acquisition transactions. By looking at the bigger picture of the financial sector, Puppendahl eventually made his way into the precious metals industry.
One of the reasons why his ideas are so highly regarded is due to their contrarian nature. Having out-of-the-box ideas in the financial sector is not always appreciated, but it doesn’t make one wrong either. Over the years, Thomas’ contrarian vision on finance has allowed him to become very successful.
Thomas Puppendahl and Precious Metals
Being an active trend watcher in the precious metal sector for 15 years yields a lot of insights. For Thomas, it has become his specialization in recent years. Because of this “shift” in focus, he also became the co-founder of a gold streaming and royalty company based in Singapore.
This latter venture is very intriguing, as it provides development capital to emerging gold producers. Over the past few decades, numerous new entrants have popped up in the precious metal industry. Without an adequate amount of funding, most of these companies would no longer exist today.
He went as far as claiming how the bull market will become a lot more violent, at least for precious metals. Under normal circumstances, that isn’t the best sentiment, but given everything that transpired in 2020, it may just come true.
Clarifying this sentiment, he confirmed that the next three years will see ample market momentum. Both gold and silver will benefit from these trends.
Not only will gold reach a value of $5,000, but silver will push to $50. That latter part is not unlikely, when keeping an eye on the silver-gold ratio. It seems to hover near the 100 mark on a regular basis. If gold surges, so will silver, and it will have 1/100th of the price.
Time will tell if this is indeed the early stage of the bull market for precious metals. Assuming this outlook comes true, the next 36 months will become incredibly entertaining. Keeping a close eye on all markets may prove worthwhile.
Coming across financial experts who are bullish on silver has become a lot more straightforward recently. One of the Uber bulls is Keith Neumeyer, as he expects silver to hit $130 per ounce at some point.
The Career of Keith Neumeyer
People familiar with the financial sector may have heard Keith’s name before. He is the founder of First Majestic Silver Corp and First Mining Gold Corp. Both companies have performed admirably since their inception, as their focus on precious metals has proven to be the right one.
Throughout his career, Neumeyer has been at the head of multiple other companies as well. This is not uncommon for silver or gold bugs, as they tend to be rather knowledgeable about a lot of different things.
Along every step of the way, Keith has always been involved in precious metals first and foremost, as those have a lot of potential now and in the future.
A Closer Look at First Majestic Silver Corp
Initially founded in 2002, First Majestic Silver Corp has proven to be a very successful company. The Canadian firm operates in Mexico, where seven mines are under its control right now. All of these locations are home to silver mining operations.
Over the years, the company has begun selling its own bullion rounds and bars. Whereas competitors would do this via private mints, First Majestic does everything in house. It is a good way to keep costs down, and not having to rely on third parties.
Production-wise, First Majestic has been very successful. Its production has been ramping up, primarily thanks to vast amounts of pure silver waiting to be mined.
Keith Neumeyer on Silver
Given his position in the precious metals industry, it is only normal to see Keith share bullish price predictions. Back in 2017, his comments were rather remarkable, and somewhat off-base.
More specifically, Neumeyer indicates that silver would push to $130. A very interesting price target at the time. considering how surpassing $20 has been a real struggle.
Even so, Keith indicated that there would be a new bull market for all precious metals in the next few years. So far, 2020 has proven that sentiment correct, although $130 remains a lofty silver price target.
In the same interview, Keith talked about what would happen to the gold price moving forward. In his opinion, a push to $8,000 would not be unlikely by any means.
This is somewhat in line with recent predictions pointing at $3,000 and more. That is still far removed from $8,000, but the world has never gone through a COVID-19 pandemic either.
For many decades, investors have flocked to gold as the go-to safe haven asset. In modern times, there is a genuine chance that this narrative will shift, and also include silver. Many factors are aligning for the cheaper precious metal to have a major breakout.
Silver is Making Waves
This year alone, there has been a lot of talk about silver alongside gold. Precious metals enthusiasts and investors are changing this narrative to include this cheaper metal in their discussions. Doing so will not only bring more attention to silver, but it may also weaken gold’s position as the undisputed leader somewhat.
For those looking to begin accumulating precious metals, silver is fairly priced, even at its current value. Building up a portfolio requires patience, timing, and cost-averaging. This latter factor is often overlooked by new investors. Buying smaller quantities of silver will add up over time.
It is also worth mentioning that, unlike gold, silver’s gains – or losses – tend to materialize in a different time frame. It is a crucial commodity for patient traders who have high hopes for the future. Those looking or a quick flip are best off ignoring precious metals altogether.
Many years ago, the Silverites suggested that silver should become the monetary standard. While their vision never came true, most experts agree that silver is still solid money in 2020. It is also a cheaper safe-haven asset compared to gold, giving it an extra layer of appeal.
Keeping an eye on the Gold-Silver Ratio
Another contributing factor to the sudden popularity of silver is the gold-silver ratio. Despite this correlation hitting a high in favor of gold earlier this year, the current momentum looks very different.
Unlike gold, silver has an industrial application that is much bigger compared to gold. Whereas gold is genuinely a precious metal, silver is both an industrial and precious metal. As economies around the globe recover from the COVID-19 pandemic, it is a matter of time until global demand for silver picks up again. Gold may not be treated the same way.
Ongoing stock market volatility will remain a contributing factor throughout 2020. All major stock market indexes remain under a lot of pressure. News of Apple shutting down several stores across the United States has thrown a wrench into any uptrend that seemed to materialize.
In the world of precious metals, there are many analysts, speakers, and silver bugs. Jeff Clark is one of the most respected authorities on precious metals today, and he will keep sharing his opinions on gold and silver for quite some time to come.
Who is Jeff Clark?
Anyone with an affinity for gold, silver, and other precious metals will have heard the name Jeff Clark before. He is an analyst, author, and speaker at events. More importantly, precious metals are part of his family’s lifeblood, as his father is an award-winning gold panner.
Furthermore, the Clark family owns ample land in the United States. On some of these locations, family-owned mining claims are still present. Areas of great interest include Arizona, Nevada, and California. There is still gold to be found in American mines, although retrieving it can prove to be somewhat complicated at times.
Over the past decade and a half, Clark has put the majority of his focus on analyzing the precious metals mining industry. BIG GOLD by Casey Research, a world-renowned publication, has been one of his outlets. Today, his content can be found on GoldSilver.com, where he is a senior precious metals analyst.
At conferences, one may run into Jeff Clark as well. Major events focusing on precious metals will often try to get him as a speaker or a panelist. His expertise and views on precious metals should never be underestimated.
Jeff Clark the Contributor
Up until 2015, Jeff Clark used to submit a lot of gold-related content, as well as some articles about silver. In virtually every piece he would cover the industry as a whole, yet highlight some noteworthy developments people should be aware of.
As one would come to expect, Clark also tried to spread the word on gold mining stocks, primarily those tied to established mining operations. There is decent money to be made by picking a winning gold mining stock, albeit one needs to conduct a lot of research before doing so.
In a recent post, Jeff Clark highlighted the potential silver price breakout. Something has been brewing for some time now, and it appears that a new catalyst may come into play fairly soon. While often overlooked, silver may have more profit potential than gold as of this moment.
Numerous individuals have paid attention to gold and other precious metals before it became “cool’ to do so on social media. Eric Hommelberg, a Dutch trader and co-Founder of ValcambiGold used to be very active in this industry, and had many words of wisdom to share with the masses.
Who is Eric Hommelberg?
Given how Hommelberg was active nearly two decades ago, it is not impossible to consider that most people have never heard the name before. He was active in the gold industry in the early 2000s, which effectively earned him a solid reputation as a trader, analyst, and expert. He wasn’t; afraid of sharing some bullish gold price predictions either, even though they weren’t always appreciated at the time.
In the Dutch community, Hommelberg made a name for himself by highlighting several junior gold mines as possible investment options. Those who followed his advance often made a lot of good money in the process, as his predictions often hit their mark within the next six to twelve months. A 300% increase in junior gold mine stocks was not uncommon at the time.
Other than offering investment advice on junior gold mines, Hommelberg also wrote extensive gold market commentaries for various [online[ publications. During these commentaries, he always maintained a focus on new gold mining companies and how they effectively approached this particular industry accordingly.
Later on in his career, Eric Hommelberg also founded ValcambiGold Inc, a bullion store for all precious metal products offered for sale by Valcambi. He also edited The Gold Discovery letter and The Gold Drivers Report throughout his career. Everything he did was gold-focused, primarily because he genuinely expected this precious metal to pop off at some point in the near future.
Eric Hommelberg on the Gold Price
Some of the most interesting comments by Hommelberg regarding the gold price were made over a decade ago. In September of 2007, he even hinted at how the price of gold should hit $2,000 – or even possibly surpass it – in the near future. It was, in hindsight, a very optimistic outlook that didn’t materialize as of yet, although it still remains a valid outlook years after the fact.
Less than two years later, Eric followed up his bullish gold predictions by stating how gold would either head to $200 or push to $10,000. While the steep decline to $200 seems very unlikely at this point, a push to a five-digit price isn’t necessarily more likely. If gold were to hit $2,000 an ounce, things would get very interesting, but reaching five times that value will not come easy nor quick.