Sprott: A Near Perfect Environment for Gold and Gold Miners

from King World News

Today one of the greats in the business noted this is a near perfect environment for gold and gold miners.

It’s Show Time for the Fed

October 20 (King World News) – John Hathaway, Senior Portfolio Manager: Despite lackluster third quarter and year-to-date performance for gold, the fundamental backdrop for precious metals and related mining share prices continues to strengthen in our opinion. Here’s why we believe this:

– Inflation has become increasingly problematic and more persistent than previous sanguine assessments by Federal Reserve Board (Fed) Chairman Jay Powell and other Fed officials.

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