Jason asks Frank a number of other questions about the oil market including if he thinks this higher oil price will bring on more oil supply and that will lead to another oil bust?
Next, Frank talks about how cheap commodities (especially gold stocks) are relative to regular stocks. Frank thinks that commodities including energy and gold stocks are overdue for a large mean reversion rally.
Frank thinks that peak gold is a reality for gold miners, that gold miners have cut all their costs to the bone and that it is extremely financially dangerous for a gold miner to bring any new gold mines online.
However, Frank really likes (prefers) the larger precious metals royalty and streaming companies.
- Source, Wall St for Main St
