The Long Winter Of Abuse Is Over: Things Look Very Bullish For Gold Mining Stocks

The conditions in this beleaguered industry have improved substantially, and now, things look very bullish. Here’s why…

Joihn Hathaway interviewed by Chris Martenson of Peak Prosperity

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.