Wednesday May 07, 2025

Ignore gold this year and you'll likely miss out

Markets fell further overnight with the S&P 500 down nearly 0.8% over concern no tariff deals are in sight. In turn the VIX (investor fear sentiment) spiked and is now up more than 9% over the past week. It remains to be seen if proposed US-China talks will settle markets. We also saw market star Palantir fall 12% overnight despite its better than expected results. Reliably, gold stocks remain strong, with Evolution Mining up 80% this year.

Securities mentioned include Palantir, CVS Health, Newmont Corp, Evolution Mining, Regis Resources and West African Resources

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