Will it be silver and gold for you from here?
I own silver and gold. You never know when you might need silver or gold and at the moment I am not buying either. But if I bought now I would buy a lot more silver than gold because silver is down 60-70% from its all time high. India is one of the largest silver and gold countries in the world. Indians probably own more gold and silver than any country in the world.

What happens to globally related sectors such as metals? We’ve had a great year so far, but do you think trade is now peaking or are you challenging base metals?
It looks like we’re all going to have electric vehicles. Electric vehicles require several times more copper than ordinary cars; much more lithium, lead is used compared to ordinary cars and if this is correct, the demand for base metals will be greater.

No one has opened a copper mine for several years. But if we’re all going to have electric cars, trucks, and trucks, then the demand for base metals is going to increase at a time when there won’t be a lot of new supply and prices will go up.

So what could be the companies of the future?
Copper and everything that goes into EVs whether we like it or not and there are a lot of people who don’t want EVs but it doesn’t matter. They arrive.

Also read: I haven’t sold anything this year and I certainly haven’t sold anything short

How do you think history will remember the richest man on this planet, Elon Musk – inventor, disruptor or someone who is very good at marketing and who got rich from storytelling?
History tells you that always after a long bull market new heroes emerge, new geniuses emerge and I have no idea whether Mr. Musk is a genius or not; so far he has done a very, very good job of promotion, publicity, and stock-building. He doesn’t really make a lot of money making cars, but he finds other ways to make money. But we’ll know this happens every time it’s not my first time seeing this movie. There are always new geniuses and new heroes. Most of them don’t last when the bear markets come, but we’ll see.

You said that before the bull market ends, the last stage is always the most exciting phase because it is the wild phase, it is the phase where the money is made, the gains are accumulated. One tweet from one promoter and the stock goes up 10%, another tweet from another promoter the stock goes up 5%?
People call their friends and say I discovered something. It’s fun, it’s easy and you can make a lot of money. Then they call their friends and everyone and when you go to the dentist to get your teeth treated, the receptionist says to talk about the stock market. This is what happens, everyone is excited, new people are coming. In the end, a lot of people lose a lot of money and they say I will never invest in the stock market again. But after a few years it happened again, it happened again and again for hundreds of years.

Do you think the global financial markets are overvalued? Are they in euphoric territory or in bubble territory?
I am going to use the American market because it is a little more neutral. In the American market, Amazon, Apple goes up every day. They are extremely expensive, but there are also a lot of stocks that have not grown much. In the global market, Samsung, some Japanese stocks are increasing every day. They are in bubbles but not all. The reason I am not selling yet is because I can see that there are still a lot of stocks that have not exploded. When it all skyrockets then you know we’re getting closer to the top and maybe I should get up.