The Gold Report: In January, the exchange-traded fund SPDR Gold Trust (GLD:NYSE.Arca) outperformed its silver counterpart, the iShares Silver Trust (SLV:NYSE.Arca), by about 6%. Should investors expect gold to outperform silver for the entire year?
Michael Fowler: Gold and silver are going to perform in tandem this year. Gold is in a corrective phase at the moment. I expect it to average around $1,300/ounce ($1,300/oz) and silver to average about $21/oz. We expect gold and silver prices to increase into 2015.
TGR: We've seen a bevy of bought-deal financings to start the year. Some, like Luna Gold Corp. (LGC:TSX; LGC:BVL), are financing below current market prices. Could you provide us with some insight as to what's happening there? Continue reading "How to Find Wild Flowers in the Weeds"