• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    VIDEO - Lobo Tiggre: Don’t Panic, and Definitely Don’t Sell Your Gold Stocks

    Charlotte McLeod
    Nov. 16, 2020 05:00PM PST
    Precious Metals
    NYSE:PFEplay icon

    “Gold’s been on a rise for years now really … so this started way before COVID-19,” said Lobo Tiggre of Independent Speculator.

    The gold market has had an eventful two weeks, with the US presidential election and coronavirus vaccine news both impacting the yellow metal’s price. 

    Speaking to the Investing News Network, Lobo Tiggre, founder and editor of Independent Speculator, said that over the next two months there’s likely to be more turmoil — while the American election has been called by the media for Joe Biden, President Donald Trump has yet to concede.

    “Now the question is, ‘What’s going to happen to Mr. Market with two months of nail biting until the decision?’ Because it’s going to be two months until that run-off election in Georgia, and until then — big swings, could go either way,” he explained.

    That doesn’t mean Tiggre is overly worried. While he sees “stormy weather” ahead, he encouraged market watchers not to panic — “I don’t think the world’s about to come to an end before January.”

    He’s also not concerned about what a COVID-19 vaccine could mean for gold, and said the precious metal‘s price drop after Pfizer’s (NYSE:PFE) vaccine news last week was predictable.

    “It was predictable because there was a narrative throughout the year — much of the year, at least since March — that it was the COVID-19 situation that was pushing the fear button and pushing people into gold and silver. I don’t think that’s true at all,” Tiggre explained.

    “Gold’s been on a rise for years now really, and on a more marked rise since the Powell pivot in late 2018. So this started way before COVID-19 — and maybe the COVID panic is an extra boost, a tailwind. But the disappearance of the tailwind doesn’t undo the fundamental situation for the market.”

    With that in mind, he encouraged concerned investors to keep the bigger picture for gold in mind, emphasizing that it’s not the time to get out of the market.

    Watch the video above for more from Tiggre on gold, uranium and what a Biden presidency could mean for the mining sector as a whole.

    Don’t forget to follow us @INN_Resource for real-time updates! 

    Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

    Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

    gold investingjoe bidendonald trumplobo tiggrenyse:pfeunited states
    The Conversation (0)

    Latest News

    Successful $3.25M Placement to Accelerate Leonora Projects

    Trading Halt

    Smelter Conceptual Plant Delivered, Accelerated Timeline

    Extension of Option to Acquire 100% of Sorby Hills

    Shallow High-Grade Gold Intercepts Confirm Growth Upside

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Triumph Gold

    TIG:CA

    Alice Queen

    AQX:AU

    Pinnacle Silver and Gold

    PINN:CC

    1911 Gold

    AUMB:CC

    Kobo Resources

    KRI:CC

    Brunswick Exploration

    BRW:TCM
    Brunswick Exploration Logo
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×