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July 8, 2013

#Gold presents investors with a quandary

#Gold presents investors with a quandary


By Lucy Warwick-Ching

FT




©Bloomberg

Gold has lost some of its attraction as a haven for investors following a 25 per cent price drop since the start of the year, taking it to its lowest level in three years.

"Its fall has been a remarkable and painful drop for investors seeking financial protection," says Adrian Ash, head of research at BullionVault.com. "In the past 45 years we have only had three occasions when gold prices fell harder – in summer 1974, spring 1980 and early 1981."









www.ft.com/intl/cms/s/0/adda4ed8-e3f1-11e2-b35b-00144feabdc0.html#axzz2YRlNLiQ7

June 28, 2013

This is truly a stock picker’s market: Chen Lin focuses on self-funded miners #Gold

Some of his picks are: Orvana, Alacer, Pretium, Petaquilla, Ocena Gold 
The gold and silver miners are going through a terrible time. Some of the problems are due to the weak gold and silver price, but a lot are due to mismanagement. The miners could be weakened further as we head into the summer, which is the traditional weak season. This is truly a stock picker’s market because people are throwing out the baby with the bath water. Right now, I’m focused on special situations. The one thing I hope comes out of this correction is that miners learn lessons from their past failures and that they can run lean and efficiently. Then if gold and silver take off, we can have some huge rallies in the stocks, just as in 2009. -
Some of his picks are: Orvana, Alacer, Pretium, Petaquilla, Ocena Gold

Raed the whlo interview online on JuniorMiningNews.com here: Chen Lin focuses on self-funded miners | JuniorMiningNews.com

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