>About The Gold Report
>About Streetwise
>Legal
>Site Index
More Streetwise ExclusivesJohn Kaiser: The Allure of Bottom-Fishing Source: Interviewed by Karen Roche, Publisher, The Gold Report 01/12/2010
For his 2009 Bottom-Fish Index, John Kaiser has dredged up denizens of the deep that soared spectacularly close to 300% last year. In this exclusive Gold Report interview, he says they may double or triple in the year we’ve just begun. As for gold, regardless of where the price goes—up, down or sideways—John has suggestions about good places for investors to be.
Trey Wasser: More Stars in the Mexican Precious Metals Universe (Part II)
As we learned in Part I of Trey Wasser's interview, his Mexican Gold & Silver Explorers Model tracks junior explorers and producers as they define and develop precious metal assets and bring them into profitable production. Trey's model-based index has enjoyed a 250% increase since inception in January 2007—including no loss in the 2008 crash—so he clearly has a keen eye for what it takes to make a winner. Read on as Trey willingly shares insights on lots of his favorites in Part II of this exclusive interview.
Trey Wasser: Identifying Stars in the Mexican Precious Metals Universe (Part I)
Trey Wasser designed the Mexican Gold & Silver Explorers Model to track junior explorers and producers as they define and develop precious metal assets and bring them into profitable production. Trey, whose model-based index has enjoyed a 250% increase since inception in January 2007—including no loss in the 2008 crash—shares insights on lots of his favorites in Part I of this exclusive interview with The Gold Report.
Bob Moriarty: 2010—The Year for Gold Shares
321gold founder Bob Moriarty returns to The Gold Report for a lively exclusive interview about what he sees as the best investments for 2010. "Last year it was gold," says Bob, "and this year I believe it will be gold shares." Noting that Bernanke 'destroyed the financial system of the world,' Bob sees two possible outcomes—a deflationary collapse wherein the U.S. refuses to pay back its $10 trillion debt, or hyperinflation. "Those are the only two alternatives," he says, "and either is pretty bad."
The World According to Gold
As 2009 lurches to a close, the Christmas break, and for whatever duration it lasts for you, generally provides an ideal opportunity to contemplate sundry performances of the past year in preparation for the development of the generally futile New Year's Resolution. . .
Brent Cook: Successful Exploration Investing
No drill results? No worries. Good geology, management, cash position and stock price are enough to coax renowned exploration analyst (and geologist) Brent Cook into buying junior prospect generators and explorers. Brent's clearly hit a few homers with his strategy, but in this exclusive interview, he cautions Gold Report readers, "It's really, really critical to evaluate what a company's telling you."
Porter Stansberry: Gold Is "Nowhere Near the Top"
With a sea-change in the monetary system on the horizon—and drawing ever-nearer as more and more U.S. creditors turn toward hard assets and away from paper dollars—Stansberry & Associates Investment Research founder Porter Stansberry tells The Gold Report in this exclusive interview that the world is approaching a return to "at least a de facto gold standard." Porter recommends bullion as "the perfect natural money."
Michael Berry: Discovery Investing's Stellar Potential
Discovery Investing pioneer Dr. Michael Berry's number-one hedging strategy against the struggling U.S. dollar is to simply own currencies of the commodity countries—of which Canada is his favorite. In addition, Michael tells The Gold Report in this exclusive interview that he believes in "some exposure to the physical" in every investor's portfolio, maybe as little as 1%. He's a staunch believer in discovery investments, ideally a mixture of incubator, mature and legacy companies, so one can partake in the bonanzas that can come when promising discoveries make it to the world-class stage.
Jack Lifton: Safeguarding Our Future Supply of Rare Earths
"Price may not be as important as security of supply," says Jack Lifton, an independent consultant with more than 45 years of experience in sourcing nonferrous strategic metals. In the U.S., our dependence on rare metals is undermined by the simple fact that we're not producing any. Given that China now controls 95% of these 'technology metals' and the world is projected to eat 200,000 tons of rare earth metals near 2015, Jack tells The Gold Report we need to jumpstart our own domestic supply chain.
Sprott's Oliver & Horvat: Hard Assets Should Continue to Appreciate
Charles Oliver and Jamie Horvat, Sprott Asset Management senior portfolio managers, look at what's brewing beyond the horizon, when time comes to pay the price for running the money-printing presses too hot and too long. As Charles and Jamie suggest in this exclusive Gold Report interview, investors who base decisions on the strength and structure of the balance sheet may not do too badly. In fact, they explain how the stock market itself may serve as a hedge against hyperinflation.
Barry Allan: Stage Is Set for Stellar Silver Performance
The first quarter—historically a tough period for gold—is around the corner. Research Capital's equity team lead and senior mining analyst Barry Allan remains absolutely optimistic about the king of metals' long-term outlook for a variety of reasons, and in this exclusive Gold Report interview talks about some of the emerging companies whose deposits portend the next generation of gold mines. But in the meantime, he says silver will slip into the limelight for what's likely to prove a stellar performance.
Peter Grandich: Silver's Turn to Shine
Legendary commentator Peter Grandich (The Grandich Letter) tells The Gold Report in this exclusive interview that having been left behind in the big run-up in gold, silver's time has come to steal the limelight for a while. Peter also considers the current stock market rally as a gift delivered in the eye of the storm.
Roger Wiegand: $2,960 Gold on the Horizon?
Manipulation and money that's been on the sidelines are driving the market, according to TraderTracks editor Roger Wiegand in this exclusive interview with The Gold Report. He see the makings of some "pretty exciting" action in precious metals front, forecasting that gold could go beyond $2,960.
Lawrence Roulston's Bringing Base Metals into the Spotlight
Resource Opportunities editor and publisher Lawrence Roulston is leaning toward base metals for more impressive gains in the coming months, and says their growth outlook doesn't rely solely on demand from developing nations. In this exclusive interview with The Gold Report, Roulston reminds us that "while most people focus on the day-to-day ups-and-downs in metal prices. . .the big money comes with owning a little company that proves up a big deposit."
James Passin: The Feedback Loop
Today's extraordinary loose monetary conditions are "benefiting hard assets," according to James Passin, co-founder and manager of Firebird Global Fund and Firebird Global Fund II. Surplus liquidity is flowing into ETFs that buy commodity futures and physical commodities, which he says, is "creating a feedback loop" that is driving up the price of resources. James shares some hot companies and sectors he's following in this exclusive interview with The Gold Report.
Louis James Shares Some of the "Best of the Best"
In this exclusive interview with The Gold Report, Louis James, Senior Editor of Doug Casey's International Speculator, reiterates his conviction that the dollar is on death row with no one prepared to grant a stay of execution. Dismal as it is, this situation gives rise to increasingly positive prospects for gold and other commodities that may ultimately stand in as the world's reserve currency.
Eric Sprott: Gold Momentum's Picking Up Dramatically
Eric Sprott, CEO & Portfolio Manager of Sprott Asset Mgmt. and Chair of Sprott Money, sees "quantitative easing" as "just debasing the currency which will eventually lead to hyperinflation." In this exclusive Gold Report interview, Eric says there's one upside: "You can just feel the momentum in gold—it's picking up dramatically" and so too are prospects for a plethora of little-known small and mid-cap gold stocks.
Andrew Mickey: Are We Headed for a 25% Market Drop?
With anticipated GDP growth insufficient to sustain current market levels, Q1 Publishing's Founder and Chief Investment Strategist Andrew Mickey tells Gold Report readers why it makes sense to expect the market to fall back to a fair-value level over the next six months to a year and that there will still be plenty of opportunities for those in the right spot.
Victor Gonçalves Favors Juniors to Win the 2009 Gold Series
An avowed Keynesian, Equities and Economics Report writer Victor Gonçalves, in this exclusive interview with The Gold Report, says the yellow metal will generally see more strength than weakness before the new year, after which "things really get sour." However, he's rooting for the juniors in the homestretch, affirming: "This is the best part about juniors—we're in results season."
Jay Taylor Envisions Scary Specter of '30s-Style Depression
Jay Taylor, who publishes Gold, Energy & Technology Stocks, has reasons to think the dollar might bounce back. Nevertheless, Jay reminds The Gold Report readers about frightening parallels to the 1930s. Jay expects fearsome bears to reemerge soon and feast on equities almost like they did last year. If he's right, he also foresees a "grand buying opportunity" in some gold mining stocks.
Richard Gray: The Fear Trade
It's been a dollar vs. gold story ever since the economy ran into trouble last fall, according to Blackmont Metals and Mining Analyst Richard Gray, who sees inevitable inflation down the road. "The trouble is there are no real applicable precedents we can use," he explains, noting the prodigious amount of stimulus money flooding the economy. In this exclusive interview with The Gold Report, Richard discusses major drivers behind gold's price rise, attributes of successful juniors and why he thinks gold's upside scenario is "maybe $1,100 or $1,200."
Steve Palmer: Timing the Market
Steve Palmer, president and CEO of AlphaNorth Asset Management, explains his 'bigger bang for your buck' penchant for exploration stories in this exclusive interview with The Gold Report. Steve forecasts a bit of a pullback in the next month or so followed by another rally before year's end.
John Doody: Rising Gold Dances, but Won't Die, with the Dollar
With all the 'strong dollar' rhetoric coming from the Fed and broken-record Bernanke, it's a wonder any investors are making money. But one we know and trust is. . .because he's not listening. "The U.S. will continue to take a laissez faire approach to the dollar," says John Doody, Economics Professor for nearly two decades and current author and publisher of Gold Stock Analyst. In this exclusive interview with The Gold Report, John explains how he measures gold's price performance, why he believes most investors don't have enough gold stocks in their portfolios and which companies he's making money on right now.
Eric Hommelberg: Hold That Gold!
Since the bull gold market began in 2001, Gold Drivers Report publisher and Bullion Store proprietor Eric Hommelberg argues that gold has significantly outperformed the Dow in terms of valuations, and as he sees it, the bull run will last at least until the middle of the next decade. In this exclusive Gold Report interview, Eric explains that while he prefers the precious metals in physical form, he recommends holding a select set of junior explorers, too—ones with trustworthy, savvy managements and promising drill results.
Ross Beaty: No Love Lost
His passion these days has turned to the geothermal energy arena, where he's busy putting his Midas Touch on Magma Energy Corp., but mining magnate Ross J. Beaty has not lost his love for silver, copper and gold. An entrepreneur extraordinaire, Ross still serves as Chairman of Pan American Silver. In this exclusive Gold Report interview, Ross talks about how Pan American's business model inspired that of his new enterprise, Magma Energy Corp., and what he sees as common ground in the geothermal and mining sectors.
Peter Spina: Going for the Gold
The convergence of an assortment of forces promise to keep driving up the price of gold, according to GoldSeek.com founder and president Peter Spina. In this exclusive Gold Report interview, as the gold price climbs toward $2,000, he suggests that investors might wait for another market rally in mining stocks, take some profits and invest the proceeds to add some physical gold to their portfolios. A year from now, says Peter, we’ll look back on $1,000 gold as a bargain.
Clif Droke: A Look at Producer Expectations for Gold, Base Metals Prices
Is there a basis for this latest gold and silver stock rally in light of the recent 10-year cycle peak? What would be the justification for it based on the cycles? According to savvy market technician, seasoned chart reader and cycle analyst Clif Droke, the answer is that investors are responding to the 10-year cycle peak by running to the precious metals and its related vehicles as safe havens. The public's fear of a dollar collapse is no secret and has reached the saturation point.
Steve Parsons Takes a Shine to Copper
In this exclusive Gold Report interview, Steve Parsons, Senior Research Analyst for Wellington West Capital Markets, explains how investors might capitalize on a theme that's picking up momentum on the copper concentrate side of the industry. He also sheds some light on a great copper story that's unfolding on the northern shore of Lake Superior in northeastern Minnesota.
Mickey Fulp—Skew the Odds in Your Favor in the Investment Game
Well-known and highly regarded throughout the mining and exploration community, Mercenary Geologist Mickey Fulp knows stocks as well as rocks. In this exclusive Gold Report interview, Mickey shares his thoughts about some of his favorites in the sector and reminds investors, "Do your own due diligence, dude."
Byron King: Peak Gold + Weak Dollar = $2,000+
A highly regarded resource sector expert, Byron King brings his views direct to The Gold Report audience in this exclusive interview. Unconvinced that the recession is behind us, he is equally sure that the "bottomless pit" mentality of stimulus spending will wreck the dollar. Those are among the reasons he sees $2,000-per-ounce gold on the not-too-distant horizon.
Jon Hykawy: Lithium Leading the Charge in Automotive and Electronics Batteries
A staple in batteries for hybrids and all-electric vehicles on the road and on the drawing boards, lithium is becoming a darling among hot commodities. The Gold Report caught up with Jon Hykawy in Buenos Aires, where he—as Byron Capital Markets' recently appointed lithium analyst—is checking out facilities in Argentina, the world's second-largest (behind Chile) lithium-producing country, to talk about his favorite subject.
Greg McCoach Sees $1,500 Gold This Fall
Post summer doldrums, we're now beginning to see a nice fall run up in the price of gold—one that marks the beginning of a parabolic move, according to Greg McCoach. The seasoned bullion dealer, investor and newsletter writer sees a number of factors culminating in ever-increasing prices going forward. In this exclusive interview with The Gold Report, Greg reveals current and forthcoming events that will continue driving the yellow metal's price northward. . .not the least of which involves the commercial real estate market and its "associated derivative sewage."
Clif's Notes: Grand Supercycle Favors Gold & Silver
A serious student of equity market cycles and stock charts, market technician Clif Droke pulls no punches about the fact that the 120-year Grand Supercycle bodes ill as it approaches its end. Clif peppers this exclusive interview with The Gold Report with some thoughts about how to take advantage of an impending "recoil rally" before we close out the "best recovery year in memory."
Gianni Kovacevic: Pro-Copper Crowd Grows
Corporate development strategist and consultant Gianni Kovacevic still takes a shine to copper—but he has a lot more company now than he did a few months ago as copper climbs. Also a fan of molybdenum, which is often a significant byproduct of copper mining, Gianni says it does more than fortify steel for pipelines, vehicles and beams. He calls it the "glue" of any growing economy.
Axel Merk Makes a Case for Currency
Axel Merk, of Merk Investments, suggests that with inflation looming, the USD failing, and equity markets remaining volatile. investors might want to further diversify their portfolios with baskets of foreign currencies. Merk tells The Gold Report that while a world reserve currency is impractical, ungovernable, unworkable and unlikely, diversification within each country's reserves would make sense in the global economy.
Jon Nadler Sees Middle-of-the-Road Gold on Bumpy Route to Recovery
We're on a bumpy ride toward recovery, says Jon Nadler, Senior Metals Market Analyst and Investment Products Manager for Kitco. Jon expects a spell of continuing deflation before any real inflation sets in. That makes gold's price performance a tough call, he tells The Gold Report, because we have no history to help us understand how gold behaves in a real deflationary environment.
John Licata Still Eyeing $1,200 Gold in 2009
Bullish on gold since it carried a $400-per-ounce price tag, Blue Phoenix Chief Investment Strategist John Licata expects the king of metals to ring in the New Year with a $1,200-per-ounce crown. In this exclusive Gold Report interview he says he's also high on silver—in part because a pickup in manufacturing will drive up demand.
Roger Wiegand on Precious Metals: "We Haven't Seen Anything Yet"
The stock market's still on tap for a ferocious fall after Labor Day, claims TraderTracks editor Roger Wiegand—as he told The Gold Report a few months back. The veteran prognosticator doesn't see much to be encouraged about on the global economic front, either, with the engines of growth "melting like snow in July." However, he does see the makings of some "pretty exciting" action in precious metals.
Gissen and Berol: The Resource Investment Story Is Not Over
Malcolm Gissen and Marshall Berol started a no-load mutual fund—the Encompass Fund—in June 2006. Like others, the fund suffered a steep decline in Q408, but has since witnessed a pretty dramatic recovery. In this exclusive interview with The Gold Report, Malcolm and Marshall share why they believe "we're still in the early innings" of the resource investment game and foresee a bright future for the all-star junior miners.
Victor Gonçalves Eyes "Raging Bull" in Resources
Investors who picked up on Victor Gonçalves' (Equities & Economics Report) resource stock picks late last year have realized gains of up to 800%, so the views he shares in this exclusive Gold Report interview may prove profitable to consider. Victor considers the resource sector "the best place to be"—in fact, he says we're "just short of a raging bull."
Carmel Daniele: This Fantastic Crisis
In 2007, she claimed the current commodities super-cycle would last another 20 years. But given the economic implosion since that time, could it still be true? "Absolutely," says Carmel Daniele, founder, CEO and CIO of CD Capital in this exclusive interview with The Gold Report. "The crisis that occurred last year after Lehman's collapse just interrupted the cycle," she explains, adding that it "is actually going to seal the next stage of the super-cycle. . .it will make it stronger and last even longer."
John Doody: Searching for Value Comes Up With Winners
Heralded as "the best of today's best," Gold Stock Analyst author and publisher John Doody's Top 10 portfolio is up 61% through the end of July. In this exclusive interview with The Gold Report, Doody talks about misperceptions about a summer slump, his Market Cap metric, and select producers or near producers he thinks are well positioned to thrive in the current environment.
Peter Campbell: Cheerful Prognosis for Dr. Copper
Even if emerging economies' demands for copper were to falter, Jennings Capital Inc. Mining Research Analyst Peter Campbell sees plenty of polish on copper ahead. Even a gradual climb out of recession will prompt North American and European manufacturers to replenish inventories as they begin restoring production to pre-crash levels. As for the copper companies themselves, he tells The Gold Report that some of the best bets lie with emerging producers that are prepared to augment diminishing supplies with new finds.
Brent Cook Helps Investors Navigate Rocky Road to Riches
You don't hear a lot about "peak gold," but the fact is that great gold deposits are harder and more costly to find these days. Then getting the few finds into production takes more time and money than ever before. So why bother? Because the occasional success story makes it all worthwhile for the intelligent investor. "It's those few that really keep all of us in this game and keep all the money coming in," renowned exploration analyst and geologist Brent Cook tells The Gold Report readers. Brent, who produces the weekly Exploration Insights newsletter, also offers a few tips for intelligent investing in metals and mining that don't require expertise in mineralogy to put into practice.
Eric Coffin: Stick with Exploration Stories that Work
Investors have been beaten down and battered over the last year. With correlations between markets continuing to shift unpredictably, many are uncertain about where to put their money. "It's been a strange year," says Eric Coffin, co-editor, along with his brother David, of the HRA (Hard Rock Analyst) publications. The good news, he says, is that it's probably not going to get worse than March; the bad—a bear market this deep almost always revisits the major bottom. Read what Eric foresees going forward and why he's sticking with the exploration stories that work in this exclusive interview with The Gold Report.
Moriarty: Propaganda, False Profits and Some “Surprises to the Upside”
321gold.com founder Bob Moriarty never fails to get a rise out of The Gold Report readers, simultaneously raising hackles and awareness. In this interview, his fifth with us since last November, he rails against continuing business, media and government shenanigans. He prophesizes bankruptcy, riots and revolution. But he also sees a bit of silver lining in the thunderheads, predicting “a lot of surprises to the upside” in the resources sector.
Frank Holmes: China—The 800 lb. Gorilla of Commodities Demand
Increasing the money supply invariably leads to inflation—but that's not the only factor driving it. "Populist policies that are focused on protectionism and unionism will force inflation in America," says Frank Holmes, CEO and chief investment officer at U.S. Global Investors in this exclusive interview with The Gold Report. Frank discusses changing patterns in commodity prices and how investors can gauge where they're headed next.
Silver Market — Learn So You Can Earn
A traditional source of wealth for thousands of years, silver has held its value through thick and thin. As both a monetary and industrial metal, there is no shortage of demand for silver. But what about supply? Seasonality? Political risk? For investors looking to break into any aspect of the silver market—bullion, mining companies or ETFs—it's crucial to understand the metal's background and fundamentals.
Ryaz Shariff: The Appeal of Advanced-Stage Development Assets
Primevest Capital Corp. President Ryaz Shariff reaffirms his long-held status as a commodity bull in this exclusive interview with The Gold Report, telling us to expect significant upticks in the markets once demand resumes. He also talks about some of the value-creating catalysts he seeks among the investments he makes. High on his list are advanced-stage development explorers that could attract a sensible suitor or two from among the majors.
Chapter 5: Alternative Silver Investing
Some alternative silver investments offer even more leverage than mining shares, according to expert David Morgan. In the fifth and final chapter of our "Guide to Silver Investing," David discusses the risk, reward and reality of futures and other alternative investments. Read on. . .
Lundin: Look for Gold to Perform in "Very Impressive Fashion"
With a number of factors coalescing in the not-too-distant future, the bulls will restore golden days for gold, according to Brien Lundin, editor of Gold Newsletter. In this exclusive chat with The Gold Report, Brien also says we may be surprised to see how quickly greed and speculation replace the fear and trepidation that have gripped the market for the past year or so.
Michael Berry: "No Chance" of Inflation on Near Horizon
Unlike many of his colleagues in the world of investment analysis, Discovery Investing pioneer Dr. Michael Berry doesn't expect inflation to enter the economy for two or three years, after considerably more deleveraging takes place and real recovery begins. In this exclusive interview, he tells The Gold Report this is a great time for contrarians to do some bargain hunting. (7/17/09)
Grandich: King of Metals Will Keep Its Crown
Agoracom market analyst Peter Grandich tells The Gold Report in this exclusive interview that he isn’t among those who expect the world at large to emerge from “this absolutely horrific downturn” by year-end. He sees good opportunities on the horizon for investors who want to “buy things on the cheap” because prices will fall in the equity markets. He also sees bright prospects for gold—particularly gold ETFs and mining companies that are in or near production and have potential for developing additional deposits.
Chapter 4: Silver Equities
Leverage is the name of the game when it comes to owning silver mining stocks. In Chapter 4 of our "Guide to Silver Investing," David Morgan highlights the benefits of owning silver equities and shares his criteria for choosing companies. Read on. . .
Jay Taylor: "Gold is Where I Want to Be"
Deflation or inflation, gold is as good as it gets, according to Jay Taylor. Jay, who developed the J. Taylor's Gold & Technology Stocks Model Portfolio, has established an enviable track record in the markets. In this exclusive chat with The Gold Report, Jay talks about what economic insights he's gleaned from guests on his radio show, "Turning Hard Times Into Good Times," and how owning gold shares can be advantageous in a deflationary period.
Dave Forest Explains Why Trillion-Dollar Infusion May Not Produce Inflation—or Drive Gold Up
Where is the aggressive inflation that was supposed to follow the government's tremendous expansion of the money supply? Why hasn't the new money propelled the price of gold higher? Pierce Points author Dave Forest shares his answers, which counter traditional theories, in this exclusive Gold Report interview. He also talks about some of the companies he likes no matter which way the pendulum swings.
Lawrence Roulston: Every Reason in the World to Believe Gold Will Go Higher
The Gold Report recently caught up with newsletter writer and analyst Lawrence Roulston of Resource Opportunities, who's been travelling to learn more about the state of mining worldwide. In this exclusive interview, Roulston provides his thoughts on the outlook for the economy and what factors impact gold and other metal markets.
Charles Oliver & Jamie Horvat - Sprott Asset Mgmt.: Keep the Faith—Higher Gold Price Will Come
The reasons for owning gold may seem obvious, but have you ever stopped to consider the derivative market? Charles Oliver and Jamie Horvat, both senior portfolio managers at Sprott Asset Management, explain how gold will react in the New Financial World (dis)Order in this exclusive interview with The Gold Report. They believe the impact of the derivatives has yet to express itself, and both foresee $2,000 gold in the next three years.
David Morgan: We Could See Silver Outperform Gold 2:1
David Morgan returns to The Gold Report today to discuss the latest buzz about his favorite subject. One of the world's leading authorities on silver, he expects this year's stronger-than-anticipated late spring climb to lose momentum before the end of the month. Longer term, though, he sees silver appreciating at a faster pace than gold. And while Morgan also likes the idea of monetizing silver—rather than gold, because silver is far more liquid—that's one wish he does not expect to see granted.
Mickey Fulp Sees Bright Outlook in Junior Gold and Rare Earth Elements Sectors
Mercenary Geologist Mickey Fulp returns to discuss the brightening prospects for the junior sector with The Gold Report readers. Mickey is particularly intrigued these days by companies operating in “emerging environments” where the “geological potential is under-explored.” Another area of keen interest is the re-emerging rare earths elements sector, which provides elements needed to produce energy-efficient hybrid vehicles.
Musings from the 2009 World Resource Investment Conference
The recent 2009 World Resource Investment Conference was moved to the new Vancouver Convention Centre in Vancouver BC. The number of companies attending the conference seemed to be lower than normal, most likely due to belt tightening, but there were several junior resource companies receiving an above-average level of attention. . .
Adrian Day: Summertime Bringing "Extremely Good Buying Opportunity" in Juniors
Adrian Day, President of Adrian Day Asset Management says he sees gold "convincingly" breaking through the "magical big round number" of $1,000 within 9 to 12 months and expects gold to outperform stocks "fairly significantly" over the next year or so. In the long term, he anticipates much more upside in gold juniors than seniors, and in the short term—specifically this summer—he looks forward to an "extremely good buying opportunity" among some of the juniors he follows. Read more in this exclusive Gold Report interview.
John Embry Expects $1,500 Gold and Early Stage Hyperinflation by Year End
Back for another thought-provoking conversation with The Gold Report, John Embry sees both good and bad news in the weeks, months and years ahead. For example, John—Sprott Asset Management's chief investment strategist—is braced for "an ugly summer," with "another significant test in the equity market." Before year-end, he anticipates $1,500 gold—but also the beginning of worldwide hyperinflation that may take many Americans by surprise. And while John is bearish on world economies for the next few years, within that same time he looks toward "numerous 5- and 10-baggers" among small-cap gold producers and junior explorers with solid projects.
Mike Kachanovsky: Silver's Scarcity Premium
'Silver and gold, silver and gold'. . .what to invest in—silver or gold? Investors on either side of this long-running debate are passionate about their precious metal of choice. But are they looking—or listening—to the right indicators? In this exclusive interview with The Gold Report, Mike Kachanovsky, aka 'Mexico Mike' from his Investor's Digest of Canada column, discusses historical changes in the gold-to-silver price ratio, shrinking supply. . .and what to buy.
Mike Starogiannis: Mid-Term Gold Price Spikes Would Be Temporary Phenomena
With generous enough cash flows to fund expansion and fuel organic growth without going to the market for capital expenditures, the companies that Mike Starogiannis follows should be in a position to drive stock valuations up. According to Mike, Wolverton Securities' Mining Research Analyst, as long as they enhance their production profiles, they are in good shape—unless the price of gold drops considerably. But in this exclusive interview with The Gold Report, he tells us that his sights are set on gold averaging in the neighborhood of $900 to $1,000 per ounce over the next year or two, and any spikes in either direction would be temporary phenomena.
John Kaiser: The Race to Rare Earths
China's export-based economy, once dependent on American greed, is now but a fading memory. While the U.S. was busy printing and preening, the Chinese were long-range planning. But America isn't the only country caught off guard by China's strategic, if surreptitious, supply procurement. In this exclusive interview with The Gold Report, John Kaiser, mining analyst for more than 25 years, explains how the East-West economic tables got turned and why he remains steadfast in the belief that "we are not at the mercy of places like China."
John Kaiser: Knocking on the $1,000 Door
Gold investors know all too well the psychological importance of $1,000 gold. The yellow metal's been hovering frustratingly near that level for weeks after briefly surpassing it in February. According to John Kaiser, editor of the Kaiser Bottom-Fishing Report, "we're getting very close." In this exclusive interview with The Gold Report, John shares his "modest" price forecast of $1,300 - $1,400 within the next six months and presents strategies for gold companies looking to create value.
Eric Lemieux: Keep an Eye on Exploration Plays in the James Bay Area
Eric Lemieux, metals and mining analyst with Laurentian Bank Securities, focuses on the emerging mineral wealth of the James Bay area of Quebec and discusses his favorite explorers in this exclusive interview with The Gold Report. Despite producers being more in favor, he believes the James Bay area with its exploration plays and favorable geological, geographic, and social fundamentals retains its advantages.
Bob Moriarty: Where to Find Cover When Black Swans Swarm
As 321gold.com founder Bob Moriarty sees it, those "black swans" darkening the horizon these days serve as harbingers of escalating chaos in financial markets. As he tells The Gold Report in this exclusive interview, this particular breed isn't exactly unpredictable, but could be especially dangerous. What's an investor to do? Bob urges an ultra-conservative approach, and advises investing in tangibles ("preferably producing resource stocks") after serious due diligence.
Roger Wiegand: On the Cusp of a Significant Rise in Gold
The 'Sell in May' situation could arrive right on time this year, according to Roger Wiegand of Trader Tracks, who anticipates the next larger, extended rally in gold this fall. In this exclusive interview with The Gold Report, Roger suggests some alternate market plays for the lean summer months and explains why he believes "the deck is stacked against the stock market" and $1,375 gold appears in the cards.
No Wits End in Sight
The joke still gets snorts in the clubhouse – 'What's the difference between a golfer and a mining executive?' 'The miners get to improve their lies.' With Wits Gold (WGR in Jo'burg and in Canada), the lie is the truth, or had better be.
Simon Tonkin: Uranium Supply-Demand to Remain Tight
A worldwide dearth of uranium mines and highly skilled metallurgical teams to mine it has investors seeing yellow (cake, that is). "The thing with uranium is it's easy to dig up but hard to get out," says Simon Tonkin, who covers base metals, including uranium, at Thomas Weisel Partners. In this exclusive interview with The Gold Report, Simon discusses emerging challenges in the uranium sector and the deficits he foresees in the global race for supply.
Byron King on the Challenge of Diminishing Resources
In this exclusive interview with The Gold Report, Byron King (who writes for Agora Financial's Daily Reckoning and is Editor of its Energy and Scarcity Investor newsletter) talks about the dollar being today's "barbarous relic" – whereas back in 1924 that's how John Maynard Keynes described the gold standard. He talks about the two generations' worth of "chronic underinvestment in productive assets," wondering how in the world more than six billion people—all working to achieve a higher standard of living than their ancestors—are meant to manage on a planet whose resources are dwindling.
'AU, Get Off Of My Equity Cloud': Melt Up in Prices Leads to New-Stock Storm
MINING AND ENERGY CHIEFS and their bankers are watching the metals melt-up with hands poised to flip the share faucet. . .
Warren Irwin Favors Extensive, Aggressive Drilling
Whether it's precious or base metals in the ground, Rosseau Asset Management founder Warren Irwin likes to see extensive, aggressive drill programs in promising deposits. In this exclusive interview with The Gold Report, he says that investments in such companies have paid off in the past and are likely to do so in the future. Gold or silver, copper or nickel, even if commodity prices fall, he argues that the miners with the higher-grade deposits and busy drills have—and offer—the best price protection.
Splicing with Gene & Thom: Two Outsiders Getting Inside Numbers
Two outsiders getting inside numbers. . . Thom Calandra of Ticker Trax™ and Gene Arensberg of Got Gold Report go way back as friends, colleagues and students of natural resources. They’re talking about tracking the people worth their salt in metals and mining.
Peter Zihlmann: Junior Gold and Silver Miners a Bargain
What to buy—gold or gold shares? While many argue that bullion is the better investment, Peter Zihlmann of P. Zihlmann Investment Management makes a compelling case for gold shares with a focus on junior miners. In this exclusive interview with The Gold Report, Peter explains how gold shares have actually outperformed the yellow metal at a ratio of 5-to-1 since the start of the bull market.
Mike Niehuser: Silver/Gold Ratio Out of Whack
The silver/gold ratio is "out of whack," says Mike Niehuser, founder of Beacon Rock Research, LLC, who finds silver "particularly interesting" right now. In this exclusive interview with The Gold Report, Mike weighs the historical seasonality of gold and silver against the forces at work in today's market and explains why we could see a significant run up in metals by fall.
Gianni Kovacevic: Copper Supply and Demand - New Rule Book Still Being Written
What's driving copper to its recent high of $2.20 a pound? If demand is down, how is it possible that the price of copper went up 40% to 50% within the last three months alone? "We're playing by a different set of rules now," says Gianni Kovacevic, corporate development strategist at Global Opportunities AG. In this exclusive interview with The Gold Report, Gianni discusses the changing face of copper and the new rule book being written for it.
John Licata: China Won't Be Saving Grace for Commodities
"If you think that you can be a beneficiary of some commodity strategies, just stick with it in the downturn," says John J. Licata, chief investment strategist at Blue Phoenix Inc., adding "you'll be all the better for it." Bullish on gold, platinum, palladium and natural gas, John is anything but bullish on the recovery, which he sees happening later than expected. In this exclusive interview with The Gold Report, John shares his near- and long-term outlook on the various metals and discusses what he feels are the best investment plays in the sector right now.
Matt Badiali: Focus on the Prospect Generators
According to Matt Badiali, editor of S&A Oil Report, prospect generators represent the best opportunities in the mining sector. Instead of being cash-burning machines that dilute shareholder equity, they put up the initial investment on a property, "do the science," then turn it over to a partner who puts up the money to drill the projects for the chance to make a discovery. Read more in this exclusive interview with The Gold Report.
Sean Rakhimov: The Calm Before the Storm
SilverStrategies.com editor Sean Rakhimov expects the economic crisis may go on for a generation even with (or because of) all the government intervention. In this exclusive interview with the Gold Report, he tells us he expects physical gold and silver to outperform the market. When picking stocks to buy now, he says ignore short-term market fluctuations and stick with survivors.
Where Have All the Gold Mines Gone?
Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.
R. Michael Jones: Shallow Ounces of Platinum Draw Deep Pockets
Platinum's in the news these days, with industrial uses that include catalytic converters for automobiles and fuel cells. Its price is climbing too, up almost 45% in the past six months. Thom Calandra gets the latest on this precious metal from R. Michael Jones, of Platinum Group Metals Ltd, whose company and its partners have spent about $30 million developing a mining strategy for a platinum resource on South Africa's Western Limb of the Bushveld Complex.
Peter Schiff: Reflating the Bubble
Amid an "inflationary depression" in the U.S., Peter Schiff, president and chief global strategist of Euro Pacific Capital, sees opportunities in the maelstrom. Facing a massive redistribution of wealth, he advises investors to act quickly and "divest U.S. dollar assets into physical precious metals, other currencies and equities outside the United States." In this exclusive interview with The Gold Report, the widely-quoted expert on money, economic theory and international investing discusses what led up to our current "phony economy" and how investors can actually profit from the crisis.
Ron Wortel: Flow-Through Financing - A Win-Win for Miners and Investors
An enviable finance vehicle available only in Canada allows junior miners to "flow-through" their exploration expenses to their Canadian investors. In return, investors enjoy significant tax breaks and ownership in resource stocks. This week, The Gold Report caught up with Ronald J. Wortel, MBA, P.Eng., E.V.P. of mining investments for MineralFields Group, an industry leader in such investments. In this exclusive interview, Ron explains the prospects and profits borne of these mutually beneficial financing arrangements.
Leonard Melman: Good Reason for Optimism in Metals
In this exclusive interview with The Gold Report, Leonard Melman, prodigious writer and leading authority in the metals and mining arenas, sees opportunity for some "really good moves" and "fabulous returns" on the horizon, citing vibrant charts on random juniors whose values have multiplied during the last six months. On the other hand, he shares some serious concerns about the economy, citing several "ominous red flags" that warn of the potential for devastating hyperinflation and worries that the Humpty Dumpty of savaged financial assets may be beyond repair.
George Topping Shares Price Outlook for Gold, Copper and Uranium
George Topping, a research analyst specializing in the mining sector at Blackmont Capital, pays closer attention to uranium and copper than he does gold and silver, but in this exclusive interview with The Gold Report, he shares what he foresees: gold flat at $950 per ounce (in real terms) through 2011, copper at $1.80 per pound in two years, and uranium nudging up $100 per pound within five years.
Jay Taylor: Printing Money Can’t Make Money
Newsletter writer and radio commentator Jay Taylor tells Gold Report readers that he believes gold stocks represent the best investment these days. Buying gold stocks may be riskier than holding bars or coins, but the upside potential of owning mining shares is commensurately that much greater as well. Jay also argues against the folly of thinking we can cure what ails us by running the printing presses faster and faster to pump more and more paper currency into the economy.
Bob Moriarty: Act on Contrarian Thinking
Always challenging, always controversial and always the contrarian, 321gold.com founder Bob Moriarty always can be counted on for a few takeaway nuggets when he chats with The Gold Report. In this interview, his third with us over the past 12 months, Bob cautions against confusing investment savvy with ego-satisfaction, suggests taking time for due diligence instead of looking to gurus, and—of course—recommends a contrarian strategy. He also offers a few tips for investors who want the biggest “bounce for the ounce” and shares some thoughts about a few “brilliant” mining projects he recently visited in Mexico.
Barry Allan: Which Way Will You Make Your Play in Gold?
In this exclusive interview with The Gold Report, Barry Allan, precious metals mining analyst at Research Capital, discusses his criteria for evaluating major and junior miners, explains how value price moves in gold are more driven by investors than jewelry demand and offers some risk-based guidelines for investors looking to preserve and build wealth in gold.
Roger Wiegand: After Bitter Winter, Brace for Spring Meltdown, Unpredictable Summer and Ferocious Fall
Trader Tracks Editor Roger Wiegand tells The Gold Report that he is among those waiting for the other proverbial shoe(s) to drop. He expects a spring meltdown (and maybe a gold price up to $1,260) on the heels of the much-delayed Obama bounce. While he says so many factors are at play that it’s too soon to call a summer rally, the beleaguered markets will take a beating again in September. Tiptoeing and sifting through the chaos and rubble, though, he suggests that watchful, careful, savvy investors can pick profitable buys at rock-bottom prices.
Joe Foster: Chemistry Looks Good for Gold
In this exclusive interview with The Gold Report, geologist Joseph M. Foster—a Van Eck Associates portfolio manager who also leads its International Investors Gold Fund—sees nothing but good news for gold in the months and years to come. Joe isn't holding his breath for mania to set in, but he does see a mix blending that will get gold "firing on all cylinders." Once a declining dollar, increasing inflation and an improving economy fill the combustion chamber, all it will take is a sustained spark of optimism for gold to forge ahead.
Mickey Fulp: “Things Are Looking Up in the Junior Sector”
Well-known and highly regarded throughout the mining and exploration community, Mercenary Geologist Mickey Fulp returns to tell The Gold Report readers about his growing Primer for the Lay Investor, share his musings on the junior resource sector and even hand out a few nugget-shopping suggestions.
Greg McCoach: Gold — $2,000/oz. by Year's End?
In this exclusive interview with The Gold Report, successful entrepreneur turned bullion dealer Greg McCoach (Mining Speculator) outlines the 'new' criteria for junior miners, explains why he favors the juniors over more senior producers and advises a combination of both physical metal and stocks for investors to protect themselves in today's market.
Tyler Mordy: Gold-Backed ETFs on a Roll
It was Warren Buffett who said that you learn who’s been swimming naked when the tide goes out. But it is Tyler Mordy who’s pointing out the few swimsuit-clad investment products standing on the shore now that the tide of economic growth has clearly ebbed—and some of them have a golden glow.
Sascha Opel: Bull Market Just Beginning
Sascha Opel, former chief editor of the first newsletter about the German "Neuer Markt" (New Market), updates Gold Report readers on his belief that the bull market in gold is just beginning. He believes "the masses will slowly realize that no paper currency is safe in the near future." He thinks that gold could make new highs by the end of '09.
Doug Casey: Opportunities Amidst Crisis
Bullion and oil appear in the lineup of power players that Doug Casey thinks investors can count on as the world slips deeper and deeper into what he calls the “Greater Depression.” However, in this exclusive interview with The Gold Report, Casey sees a silver lining in the clouds of crisis—opportunity—and expresses optimism that technological advances, coupled with capital rebuilding once over-consumption runs its course, will prevail eventually.
Lou Paquette: Gold Will Be The Last Man Standing
The Gold Report caught up with newsletter writer and commentator Lou Paquette, who launched the website Emerging Growth Stocks in 1995 to provide investors and speculators with a unique alternative to what he saw was a growing problem with corporate governance and conflict of interest on Wall Street. He believes that as people finally begin to realize that gold is the only asset we can count on any more, the bull market will "come out of its shell." He shares some of his favorite mining companies that are well-positioned to ride out these turbulent times.
James West: Economic Crisis — A Crucible for Transforming Trashed Juniors into Treasured Equities?
A gold bug who prefers equities as investments to bullion and bars, Midas Letter publisher James West expects his portfolio picks to shine to the tune of at least 15% appreciation on average. In this exclusive interview with The Gold Report, that sunny outlook stands in stark contrast to other things the well-regarded adviser sees on the horizon. He anticipates no letup in the storm of market volatility and holds out even less hope for the U.S. currency’s ability to stay afloat in a multi-trillion-dollar flood of new money.
© 2010 Streetwise Reports LLC |
