Recent lift in junior miners is likely to continue
By Frank Holmes of U.S. Global Investors says junior venture companies in Canada are finally seeing a significant lift.
By Frank Holmes of U.S. Global Investors says junior venture companies in Canada are finally seeing a significant lift.
David Morgan: ‘The silver bottom is in. Time to hold, add and ride it out’.
I’m fairly optimistic. The price of gold is gravitating around $1,200/oz, so there’s a substantial difference. I’m looking at the global picture. Yes, the price of gold has gone down, but it’s approaching a floor of production costs. By midyear the price of gold will be higher.
Ian Gordon: I’m extremely bullish for the gold price in 2014. Part of that bullishness is related to my work on cycles. Indeed, I am confident that 2014 will see the beginning of the 4th long-term cycle for precious metals and precious metals stocks and the bullish phase of this cycle should last about three years.
There’s little happy talk in Harry Dent’s new book, The Demographic Cliff: How to Survive and Prosper During the Great Deflation of 2014–2019.
“If you buy an ounce of gold, and it goes from $1,200 to $1,400, that’s great, but if you buy a share at $2 and it goes to $10 because of good management, that’s a whole lot better.”
After three years of pain, can gold stocks break their losing streak and see a gain in 2014? History says chances are good.
As bullish as I am on the price of gold, I am far more bullish on silver. Silver is the poor man’s gold.
Read The Full January 1, 2014 Warrant Report Here No investor in the resource sector would argue that 2013 has been a year from hell. Gold still trades near the low that was made in June 2013 and while there has been a retest of those lows recently it is still too early to know for …