23.10.2014 - Gold Is Undervalued – Ned Goodman
Ned Goodman, president and chief executive officer of Dundee Corp., believes gold is undervalued while equities are poised for a crash. Speaking at a keynote luncheon at the Quebec Mining Exploration Xplor 2014 Convention in Montreal, Quebec, Goodman was blunt regarding gold prices and where they’re heading. “We think gold is very undervalued at current gold prices,” Goodman said. “I think gold will hit $1,200, and when it does, be a buyer because I think that will be a good place to be.” Touching on stock markets, Goodman didn’t pull any punches, calling it a Botox market where all deficiencies are simply covered and propped up to look healthy...............................................Full Article: Source
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