Speaking to the Investing News Network at the Rule Symposium, Jeff Clark, editor of Paydirt Prospector, shared his updated thoughts on the gold price and the junior mining sector.
“I am bound and determined to make money in this environment,” he said. “I’ve been through cycles before in this industry — I’ve lost money and I’ve made money, and this time around I’m going to maximize whatever I can do to make as much as I possibly can and participate in a wealth cycle, if you want to call it that.”
He believes that the release of major gold miners’ second quarter results could bring generalist investors into the space.
“We should see some pretty good green on the screen for Q2 results that are coming up in August, and if we do, I think that could attract some Wall Street, Main Street … which could really kickstart things,” he said.
Watch the interview above for from Clark on gold, gold stocks and the exploration space.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Affiliate Disclosure: The Investing News Network may earn commission from qualifying purchases or actions made through the links or advertisements on this page.
Leave a Reply