The Gold Bull Isn’t Over: Valuation, Flows, and What Triggers A Pullback

Veteran money manager Adrian Day, Chairman & CEO of Adrian Day Asset Management, joins host Andy Millette to unpack why he believes the gold-equities bull market is still in its early innings — and why most investors haven’t even noticed yet. Day explains how public participation remains almost nonexistent: your dentist, your Uber driver, and your neighbor aren’t buying gold stocks. To him, that’s the ultimate contrarian tell. Despite strong metal prices and record central-bank buying, the average retail investor still chases the S&P 500. That disinterest, he argues, means we’re nowhere near the top of this cycle. He walks…