{"id":22126,"date":"2020-08-16T22:24:43","date_gmt":"2020-08-17T02:24:43","guid":{"rendered":"https:\/\/capital10x.com\/old\/?p=22126"},"modified":"2020-11-26T09:43:51","modified_gmt":"2020-11-26T14:43:51","slug":"markets-and-metals-navigator-august-16th-2020","status":"publish","type":"post","link":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/","title":{"rendered":"Markets and Metals Navigator (August 16th, 2020)"},"content":{"rendered":"<h2>Silver &amp; Gold Check Back After a Scorching Run<\/h2>\n<p>Gold suffered its worst week in five months down -4% (silver down -6%).\u00a0 The rise in U.S. bond yields drove real yields higher as well, additionally the news of a potential vaccine for COVID-19 from Russia lifted the markets risk appetite &#8211; the S&amp;P 500 was up +1% and copper was up 2%.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22127\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GLD_SLV_SPY_CPER_chart.png\" alt=\"\" width=\"2000\" height=\"1349\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GLD_SLV_SPY_CPER_chart.png 1518w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GLD_SLV_SPY_CPER_chart-300x202.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GLD_SLV_SPY_CPER_chart-1024x691.png 1024w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GLD_SLV_SPY_CPER_chart-768x518.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GLD_SLV_SPY_CPER_chart-1536x1036.png 1536w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GLD_SLV_SPY_CPER_chart-696x469.png 696w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GLD_SLV_SPY_CPER_chart-1392x939.png 1392w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/p>\n<h3>Uncle Warren &amp; Berkshire Hathaway Take a Liking to Barrick Gold<\/h3>\n<p>The biggest news of the week for gold equities was a filing that showed Berkshire Hathaway had added Barrick Gold (NYSE:GOLD) to its portfolio in the second quarter &#8211; they added 20.9 million shares or $565 million in current market value.<\/p>\n<p>Barrick shares shot up 8% after-hours Friday on the back of the news. We view this as a very positive development for precious metals mining companies as Warren Buffett has been a long-time bear of gold, this signals two key messages to the market:<\/p>\n<ol>\n<li>Berkshire is concerned about the current monetary environment (money printing) and the tail risks related to inflation.<\/li>\n<li>Berkshire sees the value of buying a gold mining company over owning gold itself.<\/li>\n<\/ol>\n<p>Barrick Gold has lagged gold bullion by -70% over the last decade.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22129\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GOLD_GLD_GDX_chart-1.png\" alt=\"\" width=\"2000\" height=\"1167\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GOLD_GLD_GDX_chart-1.png 1755w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GOLD_GLD_GDX_chart-1-300x175.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GOLD_GLD_GDX_chart-1-1024x598.png 1024w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GOLD_GLD_GDX_chart-1-768x448.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GOLD_GLD_GDX_chart-1-1536x896.png 1536w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GOLD_GLD_GDX_chart-1-696x406.png 696w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/GOLD_GLD_GDX_chart-1-1392x812.png 1392w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/p>\n<p>This is not Warren Buffett&#8217;s first foray into precious metals, in 1997 he bought 3,500 tons of silver when silver was around $4.50, silver rose 84% in the following year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22130\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/Buffet-Silver-1.jpg\" alt=\"\" width=\"911\" height=\"516\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/Buffet-Silver-1.jpg 911w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/Buffet-Silver-1-300x170.jpg 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/Buffet-Silver-1-768x435.jpg 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/Buffet-Silver-1-696x394.jpg 696w\" sizes=\"auto, (max-width: 911px) 100vw, 911px\" \/><\/p>\n<h2>Lumber Prices Highlight Inflationary Pressures, Akin to Copper<\/h2>\n<p>U.S. Lumber futures have exploded +200% higher since April this year, on the back of strong demand and supply bottlenecks &#8211; resulting in the highest prices on the record.\u00a0 We believe similar demand and supply dynamics exist for copper as well.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22132\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/lumber-prices-long-term.jpg\" alt=\"\" width=\"936\" height=\"498\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/lumber-prices-long-term.jpg 936w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/lumber-prices-long-term-300x160.jpg 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/lumber-prices-long-term-768x409.jpg 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/lumber-prices-long-term-696x370.jpg 696w\" sizes=\"auto, (max-width: 936px) 100vw, 936px\" \/><\/p>\n<h3>Sierra Metals Reported Strong Q2 2020 Results &amp; Solid Production Guidance Despite COVID-19 Headwinds<\/h3>\n<p>Sierra Metals (TSX:SMT, NYSE:SMTS) released solid Q2-2020 results despite a challenging operational environment related to COVID-19.\u00a0 As Capital 10X <a href=\"https:\/\/capital10x.com\/old\/sierra-metals-smts-solid-q2-production-results-despite-covid-19\/\">highlighted in July<\/a>, the company&#8217;s production was down only -10% on a copper equivalent basis to 22.7 million pounds produced.<\/p>\n<p>In the face of the operational challenges the company was remarkably able to keep EBITDA (earnings before interest, tax, depreciation &amp; amortization) flat relative to 2019 at $12.6 million.<\/p>\n<p>Sierra Metals also provided revised full year 2020 production guidance, anticipating copper equivalent production that will be in the range of 110.1 to 122.3 million pounds. An impressive outlook that could potentially see the company grow overall production by 9% at the top-end during a volatile operational year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-22139 size-full\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/sierra-earnings-charts-2020-08-16-FNL.png\" alt=\"\" width=\"800\" height=\"1164\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/sierra-earnings-charts-2020-08-16-FNL.png 800w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/sierra-earnings-charts-2020-08-16-FNL-206x300.png 206w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/sierra-earnings-charts-2020-08-16-FNL-704x1024.png 704w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/sierra-earnings-charts-2020-08-16-FNL-768x1117.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/sierra-earnings-charts-2020-08-16-FNL-696x1013.png 696w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2>U.S. Cannabis Enjoying the Spotlight<\/h2>\n<p>As we identified in <a href=\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-2nd-2020\/\">our weekly on August 2nd<\/a>, we saw a clear breakout of the U.S. cannabis names relative to their Canadian peers.<\/p>\n<p>Trulieve (CSE:TRUL) had a stellar performance week (+32%) on the back of strong Q2 earnings results.\u00a0 Revenue came in at a record $120.8 million an increase of 26% quarter-over-quarter, and +109% year-over-year.\u00a0 Free cash flow for the quarter was $40 million.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22133\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/TRUL.CX_CURA.CX_HMMJ.TO_chart.png\" alt=\"\" width=\"2000\" height=\"1167\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/TRUL.CX_CURA.CX_HMMJ.TO_chart.png 1755w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/TRUL.CX_CURA.CX_HMMJ.TO_chart-300x175.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/TRUL.CX_CURA.CX_HMMJ.TO_chart-1024x598.png 1024w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/TRUL.CX_CURA.CX_HMMJ.TO_chart-768x448.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/TRUL.CX_CURA.CX_HMMJ.TO_chart-1536x896.png 1536w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/TRUL.CX_CURA.CX_HMMJ.TO_chart-696x406.png 696w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/TRUL.CX_CURA.CX_HMMJ.TO_chart-1392x812.png 1392w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/p>\n<h3>Nevada &#8211; The Value Opportunity in U.S. Cannabis<\/h3>\n<p>Last week we launched the <a href=\"https:\/\/capital10x.com\/old\/the-united-states-of-cannabis-vol-1-nevada\/\">&#8220;United States of Cannabis&#8221;<\/a> series with a spotlight on the state of Nevada.\u00a0 On a per capita (per person) basis, Nevada has the highest sales in the U.S. at this stage in its legalization.<\/p>\n<div style=\"width: 696px;\" class=\"wp-video\"><video class=\"wp-video-shortcode\" id=\"video-22126-1\" width=\"696\" height=\"392\" poster=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/2020-08-04-1933-United-States-of-Cannabis-cover.jpg\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/2020-08-04-1933-United-States-of-Cannabis-FNL.mp4?_=1\" \/><a href=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/2020-08-04-1933-United-States-of-Cannabis-FNL.mp4\">https:\/\/capital10x.com\/old\/wp-content\/uploads\/2020\/08\/2020-08-04-1933-United-States-of-Cannabis-FNL.mp4<\/a><\/video><\/div>\n<p>We believe Nevada is the COVID-19 Catch Up Trade in cannabis.\u00a0 Las Vegas is still not operating at full capacity, as the virus recedes investors should expect Las Vegas to return to peak demand driven by tourism.<\/p>\n<p>There are three publicly traded cannabis stocks with significant exposure to the Nevada market:<\/p>\n<ol>\n<li>1933 Industries (CSE:TGIF, OTCQX:TGIFF)<\/li>\n<li>C21 Investments (CSE:CXXI, OTC:CXXIF)<\/li>\n<li>Planet 13 Holdings (CSE:PLTH)<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A weekly review of the most important news impacting the metals and cannabis markets. This week: Buffett &#038; gold, inflation and U.S. cannabis.<\/p>\n","protected":false},"author":7,"featured_media":18324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1755,59],"tags":[556,217,103,1687,703,561,104,1689,1688,915,324,846,848,847,1267,555,1268,252,1686],"class_list":{"0":"post-22126","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-growth_navigator","8":"category-metals","9":"tag-1933-industries","10":"tag-abx","11":"tag-barrick-gold","12":"tag-berkshire-hathaway","13":"tag-c21-investments","14":"tag-cxxi","15":"tag-gold","16":"tag-inflation","17":"tag-lumber","18":"tag-planet-13","19":"tag-plth","20":"tag-sierra-metals","21":"tag-silver","22":"tag-smt","23":"tag-smts","24":"tag-tgif","25":"tag-tgiff","26":"tag-trulieve","27":"tag-warren-buffet"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Markets and Metals Navigator (August 16th, 2020) | Capital 10X<\/title>\n<meta name=\"description\" content=\"A weekly review of the most important news impacting the metals and cannabis markets. This week: Buffett &amp; gold, inflation and U.S. cannabis.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Markets and Metals Navigator (August 16th, 2020) | Capital 10X\" \/>\n<meta property=\"og:description\" content=\"A weekly review of the most important news impacting the metals and cannabis markets. This week: Buffett &amp; gold, inflation and U.S. cannabis.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Capital 10X\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Capital10x\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Capital10x\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-17T02:24:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-26T14:43:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"439\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/capital10x\" \/>\n<meta name=\"twitter:site\" content=\"@capital10x\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/person\/c2d9baf641b40583976467e770f29389\"},\"headline\":\"Markets and Metals Navigator (August 16th, 2020)\",\"datePublished\":\"2020-08-17T02:24:43+00:00\",\"dateModified\":\"2020-11-26T14:43:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/\"},\"wordCount\":623,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg\",\"keywords\":[\"1933 Industries\",\"ABX\",\"Barrick Gold\",\"Berkshire Hathaway\",\"C21 Investments\",\"CXXI\",\"GOLD\",\"inflation\",\"lumber\",\"Planet 13\",\"PLTH\",\"Sierra Metals\",\"Silver\",\"SMT\",\"SMTS\",\"TGIF\",\"TGIFF\",\"Trulieve\",\"Warren Buffet\"],\"articleSection\":[\"Growth Navigator\",\"Metals\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/\",\"url\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/\",\"name\":\"Markets and Metals Navigator (August 16th, 2020) | Capital 10X\",\"isPartOf\":{\"@id\":\"https:\/\/capital10x.com\/old\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg\",\"datePublished\":\"2020-08-17T02:24:43+00:00\",\"dateModified\":\"2020-11-26T14:43:51+00:00\",\"description\":\"A weekly review of the most important news impacting the metals and cannabis markets. This week: Buffett & gold, inflation and U.S. cannabis.\",\"breadcrumb\":{\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#primaryimage\",\"url\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg\",\"contentUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg\",\"width\":1024,\"height\":439},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/capital10x.com\/old\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Metals\",\"item\":\"https:\/\/capital10x.com\/old\/metals\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Markets and Metals Navigator (August 16th, 2020)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/capital10x.com\/old\/#website\",\"url\":\"https:\/\/capital10x.com\/old\/\",\"name\":\"Capital 10X\",\"description\":\"Identifying 10X Investment Opportunities\",\"publisher\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/capital10x.com\/old\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/capital10x.com\/old\/#organization\",\"name\":\"Capital 10X\",\"url\":\"https:\/\/capital10x.com\/old\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/02\/capital-10X-logo-stacked.png\",\"contentUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/02\/capital-10X-logo-stacked.png\",\"width\":128,\"height\":90,\"caption\":\"Capital 10X\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Capital10x\/\",\"https:\/\/x.com\/capital10x\",\"https:\/\/www.instagram.com\/capital10x\",\"https:\/\/www.linkedin.com\/company\/capital10x\/\",\"https:\/\/www.pinterest.com\/capital10x\",\"https:\/\/www.youtube.com\/Capital10X\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/person\/c2d9baf641b40583976467e770f29389\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7afd43fcc2d920f3c60be7a9d8a3a1cffb2662cd5416fb858ab187775a34140b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7afd43fcc2d920f3c60be7a9d8a3a1cffb2662cd5416fb858ab187775a34140b?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"description\":\"Capital 10X gets down to the real money business, actionable financial insights for traders and investors. We analyze company earnings, interview management teams and help teach the fundamentals of financial analysis and options trading. Our mission is to hunt for genuine 10 baggers.\",\"sameAs\":[\"https:\/\/www.facebook.com\/Capital10x\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/capital10x\",\"https:\/\/www.youtube.com\/capital10x\/\"],\"url\":\"https:\/\/capital10x.com\/old\/author\/editor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Markets and Metals Navigator (August 16th, 2020) | Capital 10X","description":"A weekly review of the most important news impacting the metals and cannabis markets. This week: Buffett & gold, inflation and U.S. cannabis.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/","og_locale":"en_US","og_type":"article","og_title":"Markets and Metals Navigator (August 16th, 2020) | Capital 10X","og_description":"A weekly review of the most important news impacting the metals and cannabis markets. This week: Buffett & gold, inflation and U.S. cannabis.","og_url":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/","og_site_name":"Capital 10X","article_publisher":"https:\/\/www.facebook.com\/Capital10x\/","article_author":"https:\/\/www.facebook.com\/Capital10x\/","article_published_time":"2020-08-17T02:24:43+00:00","article_modified_time":"2020-11-26T14:43:51+00:00","og_image":[{"width":1024,"height":439,"url":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/capital10x","twitter_site":"@capital10x","twitter_misc":{"Written by":"Editor","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#article","isPartOf":{"@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/"},"author":{"name":"Editor","@id":"https:\/\/capital10x.com\/old\/#\/schema\/person\/c2d9baf641b40583976467e770f29389"},"headline":"Markets and Metals Navigator (August 16th, 2020)","datePublished":"2020-08-17T02:24:43+00:00","dateModified":"2020-11-26T14:43:51+00:00","mainEntityOfPage":{"@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/"},"wordCount":623,"commentCount":0,"publisher":{"@id":"https:\/\/capital10x.com\/old\/#organization"},"image":{"@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg","keywords":["1933 Industries","ABX","Barrick Gold","Berkshire Hathaway","C21 Investments","CXXI","GOLD","inflation","lumber","Planet 13","PLTH","Sierra Metals","Silver","SMT","SMTS","TGIF","TGIFF","Trulieve","Warren Buffet"],"articleSection":["Growth Navigator","Metals"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/capital10x.com\/old\/#organization"}},{"@type":"WebPage","@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/","url":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/","name":"Markets and Metals Navigator (August 16th, 2020) | Capital 10X","isPartOf":{"@id":"https:\/\/capital10x.com\/old\/#website"},"primaryImageOfPage":{"@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#primaryimage"},"image":{"@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg","datePublished":"2020-08-17T02:24:43+00:00","dateModified":"2020-11-26T14:43:51+00:00","description":"A weekly review of the most important news impacting the metals and cannabis markets. This week: Buffett & gold, inflation and U.S. cannabis.","breadcrumb":{"@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#primaryimage","url":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg","contentUrl":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/08\/tch-stocks-generic-27-1024x439.jpg","width":1024,"height":439},{"@type":"BreadcrumbList","@id":"https:\/\/capital10x.com\/old\/markets-and-metals-navigator-august-16th-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/capital10x.com\/old\/"},{"@type":"ListItem","position":2,"name":"Metals","item":"https:\/\/capital10x.com\/old\/metals\/"},{"@type":"ListItem","position":3,"name":"Markets and Metals Navigator (August 16th, 2020)"}]},{"@type":"WebSite","@id":"https:\/\/capital10x.com\/old\/#website","url":"https:\/\/capital10x.com\/old\/","name":"Capital 10X","description":"Identifying 10X Investment Opportunities","publisher":{"@id":"https:\/\/capital10x.com\/old\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/capital10x.com\/old\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Organization","@id":"https:\/\/capital10x.com\/old\/#organization","name":"Capital 10X","url":"https:\/\/capital10x.com\/old\/","logo":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/capital10x.com\/old\/#\/schema\/logo\/image\/","url":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/02\/capital-10X-logo-stacked.png","contentUrl":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/02\/capital-10X-logo-stacked.png","width":128,"height":90,"caption":"Capital 10X"},"image":{"@id":"https:\/\/capital10x.com\/old\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Capital10x\/","https:\/\/x.com\/capital10x","https:\/\/www.instagram.com\/capital10x","https:\/\/www.linkedin.com\/company\/capital10x\/","https:\/\/www.pinterest.com\/capital10x","https:\/\/www.youtube.com\/Capital10X\/"]},{"@type":"Person","@id":"https:\/\/capital10x.com\/old\/#\/schema\/person\/c2d9baf641b40583976467e770f29389","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/capital10x.com\/old\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7afd43fcc2d920f3c60be7a9d8a3a1cffb2662cd5416fb858ab187775a34140b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7afd43fcc2d920f3c60be7a9d8a3a1cffb2662cd5416fb858ab187775a34140b?s=96&d=mm&r=g","caption":"Editor"},"description":"Capital 10X gets down to the real money business, actionable financial insights for traders and investors. We analyze company earnings, interview management teams and help teach the fundamentals of financial analysis and options trading. Our mission is to hunt for genuine 10 baggers.","sameAs":["https:\/\/www.facebook.com\/Capital10x\/","https:\/\/x.com\/https:\/\/twitter.com\/capital10x","https:\/\/www.youtube.com\/capital10x\/"],"url":"https:\/\/capital10x.com\/old\/author\/editor\/"}]}},"_links":{"self":[{"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/posts\/22126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/comments?post=22126"}],"version-history":[{"count":0,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/posts\/22126\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/media\/18324"}],"wp:attachment":[{"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/media?parent=22126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/categories?post=22126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/tags?post=22126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}