Joe brings a unique perspective developed over a 40-year career including experience as an exploration geologist. When not travelling around the globe to visit mining operations, he can be found writing his widely read monthly update, speaking with clients and journalists as a leading industry expert, and weaving through NYC traffic on his bike to and from the office.
Gold holds its own during market sell-off; best and worst case outlook scenarios for the economy and the market as a whole.
Ed Lopez, host of the Trends with Benefits podcast, sits down with Joe Foster, geologist, gold strategist and portfolio manager at VanEck to talk about using gold as a hedge during market volatility and how companies can incorporate ESG in gold mining.
While the outcome of this most recent market sell-off and related pandemic are yet-to-be-seen, we remain optimistic about the outlook for gold and gold stocks in the near-term.
Coronavirus concern was the dominant driver across markets in February, and gold was no exception. However, historically, gold stocks have experienced a quick rebound in a panic.