RE:David Mimram is backNot sure I trust David Mimran. But then again, I don;t trust Peter Grandich any more either. His recommendations years ago got me into Nevsun and Teranga, and even though he professes to no longer be a gold bug, he did write this the other day : ( Remember, he owns a lot of shares in both the aformentioned stocks )
Since bottoming at the end of 2015, gold has begun what I believe will be its biggest and longest bull market run since becoming free trading in the early 70s. If it doesn’t feel like that, keep in mind it’s managed to add almost $250 to its price since bottoming in the face of many negatives that most so-called experts have continuously predicted would lead to its demise. Things like higher and higher stock markets, supposed rising interest rates, low inflation and the latest “false-hope” for gold bears, “Bitcoin” (and Cryptocurrencies, which I believe many will end up like the Internet stock bubble bust at the end of the last Millennium).
My enthusiasm for gold is purely that of a private investor now. I don’t represent mining and exploration companies, sell physical gold, guns and ammo, dry food or cabins deep in the woods.
My expectation is gold takes out critical resistance in the $1,375 – $1,400 area in the first half of 2018, and combined with at least a serious correction, if not a full-fledged beginning of a nasty general equity bear market, will see a marked increase in interest that helps accelerate its climb now to new, all-time nominal high at $2,000+ sometime in 2020 (if not before).
====================================================