The Gold Report: When we spoke last October, you were bullish on gold and gold equities. You blamed lagging gold‐mining stock performance on competition from exchange‐traded funds (ETF), lack of investor confidence and investor doubts on the sustainability of higher gold prices. Now that prices are hovering around $1,600 an ounce (oz), will that dynamic change?
John Hathaway: The dynamic will change based on higher gold prices. When one looks at Newmont Mining Corp. (NEM:NYSE), which is trading at about five times cash … [visit site to read more]