Zabloski: Portfolio Is Net Long Precious Metals

The video discusses the market reactions following Trump's election, focusing on Delbrook Capital's strategies and adjustments. It covers portfolio changes, geopolitical risks, and market positions, particularly in precious and base metals. The analysis extends to iron ore and gold markets, highlighting seasonal trends and Federal Reserve impacts. M&A activities and market performance are examined, with insights into active vs passive strategies. Finally, the video explores fixed income investments and opportunities in the bond market.

What was the initial market reaction to Trump's election victory according to Delbrook Capital?

• The stock market remained stable.

• The stock market rallied unexpectedly.

• The stock market crashed.

• The stock market plummeted.

Which metals did Delbrook Capital focus on in their long positions?

• Iron and copper

• Gold and silver

• Precious and base metals

• Aluminum and zinc

What geopolitical events increased risks according to Delbrook Capital?

• Middle East conflicts

• Natural disasters

• Brexit and European elections

• US-China trade war

During which months does gold typically perform well seasonally?

• April, May, June

• January, February, March

• July, August, September

• October, November, December

What is a potential headwind for the gold market in the summer?

• Increased mining production

• Decreasing demand in Asia

• Federal Reserve actions

• Rising oil prices

What type of companies is Delbrook Capital interested in for M&A activities?

• Tech companies in Silicon Valley

• Large multinational corporations

• Single asset producing companies

• Startups in emerging markets

What was a key factor in Delbrook Capital's past investment success in fixed income?

• Real estate boom

• Stock market crash

• Commodity cycle bottoming

• High interest rates