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New Bull Market for the Gold Sector: Soon | Bob Hoye, Patrick Highsmith & Jay Taylor
Bob Hoye and Patrick Highsmith return as guests this week and your host Jay Taylor will talk about a company that could become the next huge intrusive gold discovery akin to the evolving 30+ million oz. Snowline Gold Corp.
Those of us who have been investing in gold exploration shares have been depressed by the performance of gold and gold shares. Bob Hoye says the bear market in gold exploration stocks is about to end. It has something to do with the credit cycle as well as the “real price of gold.” Bob explains his thesis which is credible given his track record of several decades.
Patrick Highsmith’s Timberline Resources seems to be onto a high-grade Carlin-style gold discovery in Nevada. Although few investors care at all now about gold exploration stocks, ignoring Timberline Resources may be a mistake given its minuscule market cap relative to potential gains given the scale of gold exploration targets and massive scale of geological structures hosting gold mineralization.
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