Thursday, December 22, 2011

Pierre Lassonde: This Gold Bull Market is Far From Over

from King World News:

With so much worry surrounding the gold and silver markets, today King World News interviewed legendary Pierre Lassonde, to get his thoughts on what to look for going forward. Pierre is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining and past Chairman of the World Gold Council and current Chairman of Franco Nevada. When asked about the plunge in gold, Lassonde responded, “On the correction, I would say to people don’t panic. If you look back at history, for example, the 1970s bull market, between 1971 to 1980 there were no less than nine corrections. The corrections ranged from 11% to 43%. A lot of them were in the 15%, 20%, 28%, 30% (range).”

Pierre Lassonde continues: Read More @ KingWorldNews.com

No comments:

Post a Comment