Has Gold Bottomed? And Shares Mining Stock Picks with Fund Manager Dave Kranzler

Dave Kranzler is the editor of the Mining Stock Journal and returns to the program to discuss whether gold has bottomed and as share some of his current mining stock picks.  Dave holds an MBA from the University of Chicago with a concentration in accounting and finance.  Over the years he has worked in various analytic and trading jobs on Wall Street.  For nine years of those years he traded junk bonds for a large bank.  For the past 16 years, Dave has been an avid student of the precious metals markets and steadfast proponent of holding physical gold and silver in one’s portfolio.  Currently, he co-manages a precious metals and mining stock investment fund in Denver.  Dave’s stated goal is to help people understand and analyze what is really going on in our financial system and economy.

0:00 Introduction

0:45 Has gold bottomed?

11:39 Powers that be only care about inflation if it affects wages?

13:29 First Majestic Silver acquires NV gold mine

18:11 Still bearish on copper?

21:39 Mining stock picks