John Hathaway: Things Look Very Bullish For Gold Mining Stocks

Peak Prosperity, Released on 12/13/18 (Recorded on 11/29/18)

*This interview was recorded on November 29, 2018

Full description and comments at: https://www.peakprosperity.com/podcas…

Since gold topped out in 2011, the precious metals mining sector has been where investor capital goes to die.

Mining stocks have performed miserably over the past seven years, missing out completely on the central bank-created liquidity-fest that has raised nearly every other equity sector to record highs.

But the long winter of abuse is over, claims highly-respected mining analyst John Hathaway, co-manager of the Toqueville Gold Fund. To John’s veteran eye, the conditions in this beleaguered industry have improved substantially. Mining supply is tightening while demand is rising, and the surviving companies have achieved positive cash flows at today’s depressed prices.

Claiming that we are now past “peak gold”, Hathaway expects gold prices to move higher vigorously, propelling the shares of mining companies multiples higher from where they are today.

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.

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