John Feneck: Why These Critical Metals Will Explode Higher, ‘Uncharted Territory’ For Gold

Stijn Schmitz welcomes back CEO of the Feneck Consulting Group, John Feneck to the show. The conversation begins with gold’s recent consolidation, noting it has turned negative year-to-date and is down around 5%. Feneck asserts the bull case remains intact, citing support at 3,900–4,000 and dismissing comparisons to the 2016 rate cycle because the Federal Reserve lacks room for aggressive hikes. He highlights Fed Chair Worsh’s hawkish rhetoric as a temporary headwind but points to improving inflation data and a divided policy landscape. The bond market saw a notable intervention by Scott Besson in August, which briefly buoyed sentiment before the Fed’s Jackson Hole messaging reversed gains. Geopolitical tensions—wars in Ukraine and the Middle East, plus U.S. election uncertainty—create a favorable backdrop for gold, though markets have become somewhat desensitized. Shifting to mining equities, Feneck describes a hub-and-spoke portfolio strategy, using GDX and GDXJ as core holdings and adding select junior explorers and developers. Timestamps: 00:00:00 – Introduction 00:00:55 – Gold Market Fundamentals 00:01:40 – Fed Policy and Gold 00:04:22 – Treasury and Bond Markets 00:05:42 – Geopolitical Tensions Impact 00:09:46 – Gold Mining Sector Overview 00:12:48 – Junior Mining Stock Picks 00:19:45 – Development Projects Acquisitions 00:22:02 – Gold Price Targets Analysis 00:23:53 – Critical Minerals Investments 00:29:52 – Jurisdiction and Sovereignty Risks 00:32:11 – Investment Timeframes Outlook 00:35:36 – Concluding Thoughts Guest Links: X: https://x.com/feneckconsult YouTube: https://youtube.com/feneckcommoditiesreport LinkedIn: https://www.linkedin.com/company/feneckcommoditiesreport E-Mail: mailto:john.feneck@yahoo.com Website/Newsletter: https://www.feneckconsulting.com/ Conference: https://topshelf-partners.com John Feneck’s upcoming conferences:Events are invitation only. If interested, please email John at john.feneck@yahoo.com In September 2019 he founded Feneck Consulting Group, helping small- and mid-cap metals and mining companies raise brand awareness and advising high-net-worth advisors on market opportunities and risks. He holds Series 7, Series 63, CMFC and CIMA Level 1 certifications (though he is not a licensed advisor) and focuses on consulting. Based in Scottsdale, AZ, he’s a single dad to an 11-year-old daughter and spends weekends as a professional musician, athlete and traveler.