Turning Hard Times Into Good Times

Andrew Maguire, Dr. Quinton Hennigh and Michael Oliver return. Maguire, a world renowned gold trader, will explain why 2017 will be a massive breakout year for the price of gold as investors are now starting to demand delivery of the physical gold as opposed to holding paper contracts with virtually zero physical gold backing them. True, the fact that the paper gold volume outnumbers physical gold delivery by a ratio of 92:1 suggests a moon shot price rise for gold, but why does Andrew think the confidence in paper gold is breaking down? What will bring about the tipping point that triggers an absolute demand for bullion delivery over paper demand? As actual physical demand rises for gold, the gold miners should be the best performing equity sector and Dr. Hennigh will update us on Novo Resources’ latest move toward putting the next Witwatersrand-like mine into production. Oliver will update us on his momentum-based predictions for gold and other key markets.