Gold Stocks Will Soar When This Happens says Fund Manager Lawrence Lepard

Gold stock fund manager and Austrian economist Larry Lepard shares what needs to happen before gold stocks will begin to soar. He shares key breakout levels for gold and silver. Larry discusses how he has positioned his fund for the gold bull market. He reveals numerous stocks he is investing in and which he likes.

Lawrence Lepard runs Equity Management Associates, LLC, an investment partnership which has focused on investing in precious metals since 2008. Prior to EMA, Mr. Lepard spent 25 years as a professional investor and venture capitalist. From 1991 to 2004 he was one of two Managing Partners at Geocapital Partners in New Jersey which managed six venture capital partnerships, the last of which was $250 million. Geocapital was very active in technology, software and computer investing and invested heavily in the internet starting in 1993. Geocapital was the lead investor in Netcom, Inc., the first internet service provider to complete an IPO in 1996. Prior to Geocapital Mr. Lepard spent 7 years as a General Partner at Summit Partners in Boston, MA. Summit is a large venture capital and private equity firm. He was employee number 4, joining 1 year after Summit was launched. Mr. Lepard holds an MBA with Academic Distinction from Harvard Business School and a BA in Economics from Colgate University

0:00 Introduction
0:58 Battered Gold Stock Bull Syndrome
2:30 40% of portfolio in producers
4:24 Developers in an inflationary environment
6:18 Private placements or buying in open market?
7:30 Jurisdictional risk
12:00 Larry likes Africa as a mining jurisdiction
15:10 Not many pure play silver stocks
18:35 Key breakout levels for gold & silver
24:40 Twenty-year commodities uptrend
32:09 Stack the probabilities in your favor