Tag: gold mining shares
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Gold Mining Shares and Bullion Diverge
It has never been the case that all gold mining shares make their lows at the same time. Some do so earlier and some later. It may be that ABX, the world’s largest gold miner, has already made its low. Time will tell. I am expecting one more low and a divergence between the bullion…
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Bull Market Expectation
Q: Do you have an expectation of what will happen over the next few years in the gold market? A: Yes. I expect that after the low is in that we will have a three to five year bull market with prices dramatically higher than they are now. I have confidence in that expectation in…
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Forecasting the Low in the Gold Market
Q: Does the recent terrorist attack in Paris and the public reaction have any bearing on your calling the low in the gold market? A: The event does not but the reaction confirms my view that we have not yet seen the low. We have had new lows in both the bullion and the gold…
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Compounding and Pyramiding Compared to Capital Protection
This presentation is not a recommendation or solicitation. We will compare different approaches to how $100k could be employed with a common assumption that the price of gold will increase from $1,000 to $1,611, The first approach is to buy and hold gold bullion. The results would be, in USD terms, a profit of $61,100…