David Einhorn, whose Greenlight fund took a big hit on its gold miners ETF holdings, said recently what we would consider an understatement: "We were somewhat surprised by the swift decline in the price of gold in April."
Joe Mazumdar assesses the current situation and compares the performance potential of the majors with the mid caps. He backs up his analysis and predictions with a few solid companies that are positioned to weather the storm.
Market volatility sets the stage for price upswings as well as down, according to Michael Gray, equities analyst of Macquarie Capital Markets, and the recent gold price drop should be seen as a "pause" in the bull market.
Killian Charles, an analyst with Industrial Alliance in Montreal, isn't too concerned if the gold price hits $1,300 an ounce or even $1,000. He's more concerned with the gold breaking point. How low can the gold price go without breaking a project?
Three trends will light a fire under natural resource prices and equities in the coming years, according Greg Dorsey, editor of Leeb's Real World Investing. In this interview, Dorsey shares the names of favorite companies that could profit from the expected surge.
It looks bad for precious metals. Gold prices have fallen hard. But all is not lost. In this interview, Rick Mills points to the fundamentals of silver and the opportunities for stock pickers willing to invest in small bites and wait out the inevitable market ups and downs.