It is a bit of a worry" that many experts are now predicting gold and silver price to improve from current levels:Expert Is "Uber Bullish" On Silver, Here's Why
Guest(s): Lobo Tiggre Principal Analyst & Editor, The Independent Speculator & Kitco ContributorThe precious metals have been stuck in a tight range, with gold trading between $1,200 and $1,400 an ounce, and this year could finally see the yellow metal break resistance, followed by silver, said Logo Tiggre, founder and CEO of Louis James LLC.
“I think that 2019 will be the year that we finally break out of this range that we’ve been in,” Tiggre told Kitco News on the sidelines of the Prospectors & Developers Association of Canada convention in Toronto.Guest(s): Garrett Goggin Associate Editor, Gold Stock AnalystGold stocks are currently trading at a massive discount to fair value in the market, said Garret Goggin, associate editor of the Gold Stock Analyst.
“The miners are much healthier than they have been. They’ve got stronger cash margins, they’re trading at a larger discount than they ever have been, all the way back to 1995,” Goggin told Kitco News on the sidelines of the Gold Stock Analyst Investor Day conference in Florida. “The fair value is 100% higher.”
On silver stocks, Goggin said that like gold miners, they are currently very attractively priced.
“They do have news coming up and they’re fundamentally undervalued versus my analysis of them and they have economic drivers that should be influencing their price regardless of where the price of gold and silver moves in the future,” he said"
https://www.kitco.com/news/video/show
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