The Gold Report

The Gold Report: Do you see gold trading range-bound through the remainder of this year? Paul Renken: Unfortunately, yes. We recently had to downgrade our outlook both on gold and silver for the year. We’re looking at an average price of $1,225 per ounce ($1,225/oz) gold in 2015. We were always convinced that gold wasn’t

The Gold Report: You have declared your goals as “developing positive cash flow from operations” and “growing Atna Resources Ltd. (ATN:TSX) into a low-cost, mid-tier gold producer.” What steps have you taken to achieve these goals since you became president and CEO six years ago? James Hesketh: Atna and Canyon Resources merged in 2008. The

The Gold Report: Gold has traded this year in a range close to $1,200 per ounce ($1,200/oz). Do you expect gold to maintain this range for the rest of the year? Geordie Mark: Yes. Our 2015 outlook is $1,250/oz, and thereafter we project a flat outlook to manifest a more agnostic view on the commodity.

The Gold Report: Mike, we often hear that the current generation doesn’t realize how good they have it compared to when you had to walk uphill both ways through snow to make a trade. Is it easier to invest today with all the resources online and pundits around every corner or is it harder to

The Gold Report: At a recent investor conference in Vancouver you said that the market is at the “bottom” for gold and other metals. Please give us some reasons why this is the bottom. Gwen Preston: First, the price of gold can’t go any lower. The current range of $1,170–1,210 per ounce ($1,170–1,210/oz) represents gold’s

Frank Holmes, CEO and chief investment officer at U.S. Global Investors, gave a talk at the Cambridge House conference titled “Fear Trade Sees Gold as a Store of Value When Interest Rates Are Negative.” Holmes always focuses on the global supply-and-demand equation whether it is traveling to better understand the odds and implications of a