Talk Your Book: Investing in Goldminers

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 26 May 2025

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this episode of Animal Spirits: Talk Your Book, ⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠ and ⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠ are joined by Imaru Casanova, Portfolio Manager for the active gold and Precious Metals Strategy at VanEck to discuss gold hitting all time highs, gold miners vs gold performance, macro factors investing in gold, demand from central banks, and much more! Learn more at: https://www.vaneck.com/us/en/investments/international-investors-gold-fund-inivx/overview/ Find complete show notes & VanEck's disclosure for this episode, visit our blogs... Ben Carlson’s ⁠⁠⁠⁠A Wealth of Common Sense⁠⁠⁠⁠ Michael Batnick’s ⁠⁠⁠⁠The Irrelevant Investor⁠⁠⁠⁠ Feel free to shoot us an email at ⁠⁠⁠⁠[email protected]⁠⁠⁠⁠ with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: ⁠⁠⁠⁠https://www.idontshop.com⁠⁠⁠⁠ Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See our disclosures here: ⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠⁠⁠ The Compound Media, Incorporated, an affiliate of ⁠⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Today's Animal Spirits Talk Your Book is brought to you by Vanek. Go to Vanek.com to learn more about
0:06.1	their Vanek International Investors Gold Fund. That's INIVX. Check out Vanek.com to learn more.
0:13.4	Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael
0:18.0	Batnik and Ben Carlson as they talk about what they're reading, writing,
0:21.6	and watching. All opinions expressed by Michael and Ben are solely their own opinion and do not reflect
0:26.7	the opinion of Ridholt's wealth management. This podcast is for informational purposes only and
0:31.6	should not be relied upon for any investment decisions. Clients of Ridholt's wealth management
0:36.1	may maintain positions in the securities discussed in this
0:38.8	podcast.
0:42.9	Welcome to Animal Spirits with Michael and Ben.
0:45.6	Michael, there's a lot of stuff that you and I don't know.
0:48.1	And I think one of the platforms for learning sometimes is this podcast.
0:50.9	We had an interview live at the Torrey Pines Lodge in San Diego with Vanek
0:56.1	and a room full of financial advisors. And we talked to Emma Casanova and she's a portfolio
1:01.8	manager for a gold and precious metals fund. You were peppering her with questions about mining,
1:06.0	just like, how does this actually work? Right? Talk to me like I'm a golden retriever.
1:11.6	Yeah, like what do they actually do to get, extract these metals from the earth?
1:17.6	And I definitely learned a lot.
1:19.6	And it sounds like it's different kind of depending on what part of the earth you're taking it from.
1:24.6	It's one of those things that happens and no one really
1:27.5	thinks about, like, how do you get from this thing that's in the ground to the gold bar?
1:32.2	One of the big takeaways for me after speaking with her was the quality of companies and the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Compound, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Compound and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.