News-Blog

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.

Shane Nagle: “I don’t think M&A is going to heat up within the base metal space. There’s been so much consolidation during the last decade that there’s not much out there to buy.”

During a time in which most investors have thrown in the towel on precious metals and natural resources, Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments.

The best time to buy gold is when the market hates it, especially when it comes to junior explorers with market caps under $1 billion, asserts Ralph Aldis, senior mining analyst with U.S. Global Investors.

I wish I were smart enough to know when and at what price gold will have bottomed. My comforting thought is that no one has the answer to that question and I have some great company.