Portfolio Manager Greg Orrell: ‘My Belief in Gold Has Not Wavered’
April 25, 2013 by Gold Editor · Leave a Comment
Source:[The Gold Report] – Greg Orrell After the extreme volatility of gold in the last few weeks, OCM Gold Fund Manager Greg Orrell is more convinced than ever of the necessity of owning gold assets. In this interview with The Gold Report, Orrell lays out the rationale for buying these cheap gold stocks from around [...]
Where Eight Renowned Investors Think Commodity Prices are Going
April 24, 2013 by Gold Editor · Leave a Comment
SOURCE:[The Globe and Mail] – Gold’s 12-year bull run is not over, according to Vancouver mining mogul and philanthropist Frank Giustra, despite the severe price correction the precious metal suffered this week. Mr. Giustra, who has amassed a fortune through a series of junior mining deals, including the creation of the company that is now [...]
Why Sprott is Still Bullish on Gold
April 16, 2013 by Gold Editor · Leave a Comment
SOURCE:[The Globe and Mail] – Sprott Asset Management market strategist David Franklin sent us the following statement, explaining why the firm is still bullish on gold: “The recent price action in gold can only be described as ‘panic selling’. Money managers and veteran traders know that when panic sets in and markets start moving rapidly, [...]
Don’t Panic, Buy Silver
April 16, 2013 by Gold Editor · Leave a Comment
SOURCE:[The Gold Report] – Rick Mills It looks bad for precious metals. Gold prices have fallen hard. Explorers are hurting for money. Slim treasuries mean fewer drill programs. Scarce discovery news could lead to fewer listings on the Toronto Stock Exchange. But all is not lost. In this interview with The Gold Report, Rick Mills, [...]
The Hidden Factor in the Economy
April 4, 2013 by Gold Editor · Leave a Comment
SOURCE:[Kenneth J. Gerbino] – What the boys and girls at the Fed and the U.S. Capital don’t know: A hidden factor will dictate the economic future. If you are holding gold or precious metal mining shares your future is brighter than you may think. Even with all the obvious logical reasons to own these assets, [...]
Renewed Investment to Drive Gold Price to Over $1 800/oz by Year-End
April 4, 2013 by Gold Editor · Leave a Comment
SOURCE:[Mining Weekly] – The price of gold will rise to over $1 800/oz by the end of the year on the back of economic developments in the US and a recovering global market, the Thomson Reuters GFMS Gold Survey 2013 showed. Head of the consultancy’s precious metals research and forecasts division Neil Meader doubted that [...]
Dow Never To See 2009 Lows Again But Gold Bull Has Miles To Go
April 4, 2013 by Gold Editor · Leave a Comment
SOURCE:[Forbes] – Since August 2011, the Dow (DIA) is up 30% while the SPDR Gold Trust (GLD) is down 13%. This may suggest that stocks are the way to go, but here is a more fundamental question: Will your dollars have less or more purchasing power in the future? Fact is, you can use a [...]
Canadian Junior Mining Companies and Independent Brokers Have a Bright Future
April 4, 2013 by Gold Editor · Leave a Comment
SOURCE:[The Gold Report] – Haywood Securities Managing Director Kevin Campbell is concerned by all the negative talk about the state of junior mining. In this reaction to an interview in The Gold Report with B&D Capital consultant Don Mosher, Campbell outlines the fundamental demand for commodities behind his conviction that this is a temporary, albeit [...]
Picking a Junior Gold Company in a Bad Market
March 27, 2013 by Gold Editor · Leave a Comment
SOURCE:[Ahead of the Herd] – The current investment market for junior gold companies is arguably one of the worst since the United States went off the Gold Standard in 1971. Despite the current high price of gold (and many other commodities), investors have almost abandoned the junior gold mining sector to invest in physical bullion, [...]
Whom to Believe on Gold: Central Banks or Bloomberg?
March 27, 2013 by Gold Editor · Leave a Comment
SOURCE:[Casey Research] – Bloomberg reported recently that Russia is now the world’s biggest gold buyer, its central bank having added 570 tonnes (18.3 million troy ounces) over the past decade. At $1,650/ounce, that’s $30.1 billion worth of gold. Russia isn’t alone, of course. Central banks as a group have been net buyers for at least [...]
