Gold Rally Keeps Shining… And FTAI Aviation Looks To Rebound 02/05/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 5 February 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Gold’s record run continues, with the yellow metal hitting all-time highs as investors digest the possibility of a trade war. How the safe-haven surge is impacting miners, crypto, and more. Plus FTAI Aviation looking to recover from steep losses following some short seller reports, and one top analyst says they’re cash generation could help do it. Where they could put the money to use, and if it’s enough to turn the stock around. Fast Money Disclaimer

Transcript

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0:00.0	Live from the Nazek markets out in the heart of New York City's Times Square.
0:03.0	This is fast money. Here's what's on tap tonight. Glittering gold, the precious metal,
0:07.1	hitting all-time highs today, and the miners are finally coming along for the ride. What the
0:11.5	moves mean for everything from the metals to crypto to rates, and a major AI divergence shares
0:16.9	a Google parent alphabet sinking after earnings as metaETA eaks out its longest winning streak
0:21.7	on record. What is behind the drastically different fortunes of these tech titans? We'll dig in.
0:26.9	Plus, behind the wheel of Ford's latest quarter, the real read on F-Tai Aviation. One-top
0:32.0	analysts will break down the numbers for the engine company and tracking the transports.
0:35.7	Why the Trapmaster says the group may hit the brakes in the short term.
0:38.7	I'm Melissa Lee, coming to you live from Studio Bia at the Nazak on the Destinite.
0:41.9	Tim Seymour, Steve Grasso, Carter Worth, and Guy Adami.
0:45.1	We start off with Gold's record run, the Safe Haven asset hitting a fresh all-time high
0:49.1	as tariffs on China raised a real possibility of a trade war and higher inflation. Gold miners benefiting from
0:55.4	the move higher today, the GDX ETF that tracks the space up more than 20% already this year,
1:00.8	more than doubling the metal, and that same pressure pushing Bitcoin even further below the
1:05.8	$100,000 mark, so-called digital gold falling victim to investors moving away from riskier assets.
1:11.9	All of these moves coming against an uncertain interest rate backdrop, the 10-year yield at its
1:17.1	lows of the year and down nearly 30 basis points from its January high. So Guy has been pounding
1:22.9	the table on gold, as you all know, for some time now. Here we are. Yeah, Tim, as well, and we'll both talk about it. But, you know, it's all-time high. Miners are
1:31.4	starting to participate. You mentioned GDX. I think October traded up to 44. I think it takes
1:36.7	that out. I think minors are starting to catch up, and they should be. And listen,
1:41.0	central bank's been buying gold hand over fist now for the last three years. That is not abated.
	...

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