Joe brings a unique perspective developed over a 40-year career including experience as an exploration geologist. When not travelling around the globe to visit mining operations, he can be found writing his widely read monthly update, speaking with clients and journalists as a leading industry expert, and weaving through NYC traffic on his bike to and from the office.
A stronger U.S. dollar exerts pressure on gold prices in September. Recent sector de-ratings notwithstanding, we believe gold miners can continue their successful year.
Gold reaches another high in August; the Fed shifts its inflation target to exceed 2%. Notwithstanding strong run, gold mining stocks are not overvalued.
Ed Lopez and Joe Foster, gold strategist and portfolio manager at VanEck talk about the case for gold, gold miners and his new $3,400 price target for gold.
Gold continued its march to new highs in July as a weakened U.S. dollar and new financial risks emerged. Junior developers remain well positioned for the second half of the year.