Nick Hodge – Macro Movers, 2 Site Visits, & Investing in Copper, Gold, And Critical Minerals Stocks

Nick Hodge, Co-Owner of Digest Publishing and editor of Foundational Profits and Underground Alpha, joins us for our monthly longer-format discussion on different #macroeconomics factors and market reactions to the war in the Middle East, his key takeaways from 2 different site visits to South Dakota and Wisconsin, and investing strategies in select #copper, #gold, and #criticalminerals stocks.

We start off reviewing the mix of macroeconomic movers and knock-on effects from geopolitics as it relates to the closure of Strait of Hormuz, the US/China meetings last week, projections around central bank monetary policy options, rising yields in #bonds, a strengthening US #dollar, GDP growth, rising inflation, sovereign debt loads, and AI data-center build-outs.

The US stock markets have shrugged off most of these economic datapoints and geopolitical news, continuing to blast up to new all-time highs over the last week. He points out that the CRB #commodities index has also been strong lately, lead by base metals, soft commodities, and the energy space.

When reviewing the commodities, it has been hard to ignore the strength in the copper pricing, which has been up at all-time highs over the last few weeks of May, and Nick shares his approach is to investing in the copper equities.

- For exposure to the base metals producers he has been positioned in the iShares MSCI Global Metals and Mining Producers ETF (PICK), which has performed quite well over the last year and especially in 2026.

- Nick reiterated points from our prior conversation about 2 of the copper developers with good investor engagement, solid pounds in the ground resources, and good fundamental catalysts being: Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) and Aldebaran Resources Inc. (TSX-V: ALDE) (OTCQX: ADBRF).

- Nick highlighted the recent acquisition of Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) by Hudbay Minerals Inc (TSX, NYSE: HBM) and how that may be used as a good case study and lens for consideration of other advanced copper development assets and what kind of projects and jurisdictions may interest the senior producers.

- Gladiator Metals Corp. (TSXV: GLAD) (OTCQB: GDTRF) is a copper and gold exploration story in Nick’s portfolio that just released some high-grade intercepts in the Yukon, and still has a lot of drilling on tap for this season as a catalyst.

- When reviewing why he prefers safer jurisdictions in the Americas for copper investing, he did point out a company like Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is an exception, due to the quality of the management team to navigate the risks when operating in Africa.
Next we got a boots-on-the-ground recap of Nick’s 2 recent company site visits:

- Lion Rock Resources Inc. (TSXV: ROAR) (FSE: KGB) (OTCQB: LRRIF) – The company recently announced Phase One drill results at their Volney Project in South Dakota. The system features high-grade lithium, tin and tantalum hosted within spodumene-bearing LCT (Lithium-Cesium-Tantalum) pegmatites.

- GreenLight Metals Inc. (TSXV: GRL) (OTCQB: GRLMF)– GreenLight is a Wisconsin-focused exploration company advancing copper-gold and gold projects across the Penokean Volcanic Belt-one of North America’s most prospective VMS districts.
We wrapped up getting the near-term technical price support levels that Nick is watching for in gold.

- For now he is not concerned about gold falling into a true bear market, and he is treating the pullback we’ve seen in the precious metals a buying opportunity.
- Any short-term consolidation in pricing should be juxtaposed against the fundamental structural drivers for the longer-term precious metals bull market that are all still solidly in place.
- He’s been using periods of sector weakness in the PMs to add to positions in both GDXJ and Royal Gold, Inc. (NASDAQ: RGLD), along with some other junior precious metals stocks.

.
.
Click below to follow Nick's analysis over at Digest Publishing:
https://digestpublishing.com/publications/
.
.
Visit our new Substack for a summary of this interview - https://kereport.substack.com/
.
Click here to follow Shad's market commentary on Substack:
https://excelsiorprosperity.substack.com/
.
Listen to the podcast on our website: https://www.kereport.com/
Subscribe to our Podcast on Spotify: https://rebrand.ly/Spotify_subscribe
.
.
For price quotes on metals and commodities visit - https://clearcommodity.net/
.
.
Follow us on social media:
🔗 https://twitter.com/TheKEReport
.
.
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Видео Nick Hodge – Macro Movers, 2 Site Visits, & Investing in Copper, Gold, And Critical Minerals Stocks канала The KE Report