Sean Boyd – Expect $2,200 to $2,400 Gold & $60 to $75 Silver
Gold leads, gold stocks follow with a dividend kicker.
Gold and Gold Stocks Side by Side Comparison
When asked about the mining shares specifically Boyd remarked, “I absolutely agree that the equities relative to gold are undervalued, I think that’s clear, that’s just a fact! If you look at where the equities are trading, they are at the low end of the historical range of values. We’ve had periods over the years where gold tends to lead, then the equities regain leadership. The equities have not regained that leadership over the last couple of years.