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By Tom Winnifrith | Wednesday 13 June 2018
Okay the man behind the world's best known resource investment group is talking his own book. But he is more often right than wrong.
Eric agrees that the average gold investor likely feels rather depressed. However, behind the scenes, there is a lot of activity. Kirkland was up 150% last year, and Novo has good performance. He feels we are still in the beginnings of a bull market for several reasons. A real economic recovery is lacking and low-interest rates and money printing continue. The second half of 2018 should be better than the first.
Commodity prices are looking good across many assets like copper, lead, and zinc. Many exciting things are going on in the commodity space. Lithium, nickel, and vanadium are all also doing quite well.
Much of the speculative investment in cryptocurrencies has now moved away from that sector. A decline in the economy and stock market could happen soon. Those two things will be critical to watch as a drop should get people thinking about gold and silver. All is explained in the latest podcast from Palisade Capital.
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