Will there be a stealth gold bull market?

Ronald Stöferle talked about the possibility of a stealth gold bull market and many other topics on Kitco News.

What will drive the gold price?

For Ronald the case seems clear, gold is rising in every currency. Also silver and mining equities are outperforming gold. All these things are conformations for a stealth gold bull market. The dip that we are currently seeing is only natural. Looking at the rest of the year, gold could quite easily go over 2000 USD again.

What’s driving the price?

With the Fed announcing, that low interest rates are here to stay, inflation will the one of the main drivers of the gold price in the near future. A next factor are institutional players, which have re-entered the game.

The rise of the mining sector

When looking at mining, one needs to have patience. The companies have done their homework over the last few years and are now harvesting the results. We are seeing large margins, dividend growth, a very low-price cash flow and many other positive signs. Today, mining companies are now on a much more solid foundation, and we see great value in the mining sector in the near future.

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