Gold could hit $2 500/oz next year as debt crisis deepens, says Sprott

The gold price could reach as high as $2 500/oz next year, and Europe’s debt woes are now “too big to handle”, Sprott Asset Management CEO Eric Sprott said on Thursday. “I’m sure it will go through $2 000/oz in a year, maybe it get’s...

Gold 'not cheap', but no bubble either

Market watchers at this weekend's Cambridge House Resource Investment Conference were by and large in agreement on Saturday that the price of gold, which reached above $1 300/oz for the first time on Friday, is not in a bubble. That said,...

Junior stocks face tougher sell – Grandich

It is more difficult for junior exploration companies to generate excitement and draw investors to their stocks than may have been the case ten years ago, financial commentator and editor of The Grandich Letter Peter Grandich commented on...

Pundits differ on fundamentals for gold

Although the general consensus on the prospects for gold was broadly positive at this weekend's Resource Investment Conference in Toronto, opinions did diverge on whether the current fundamentals for the metal support higher prices. On the one...