Marc Faber Also of interest this week, was an interesting commentary issued by Marc Faber, in
which
he notes that,
"We have a lot of bearish sentiment, [and] a lot of bearish commentaries about gold, but the fact is that...prices are probably in the process
of bottoming out here."
Marc went on to further
add that,
"I think gold shares are also not terribly expensiveat this point...If you buy exploration companies, you should buy the ones that
have already raised capital and or that have sufficient reserves...because at this
price of gold, very few projects will get done."