by JT Long
The Gold Report
Marin Katusa: As I said in the spring, I don’t see the Fed raising rates this year. Using some simple game theory, for the Fed not to raise rates is the best decision. I still believe that. Gold has fared well compared to the price of the U.S. dollar, better than any other hard commodity. Gold is holding its own. The reality is, because the commodity markets are down, very little capital is being invested to replace the production of gold.
Continue Reading at TheAuReport.com…
The Gold Report
The
most valuable resource in a mining company is often the people. Good
management can attract the right investors and add value regardless of
the market. In this interview with The Gold Report, Marin Katusa,
founder of Katusa Research, shares his litmus test for which mining
companies are worth his hard-won dollars and which ones he is avoiding
for the foreseeable future.
The Gold Report: You seem much more positive about
gold right now than when we talked in June. Based on the chart you have
on Katusa Research of the U.S. dollar versus gold and in the wake of the
Federal Reserve’s inaction at its last meeting, what’s your thesis for
gold for the rest of 2015?Marin Katusa: As I said in the spring, I don’t see the Fed raising rates this year. Using some simple game theory, for the Fed not to raise rates is the best decision. I still believe that. Gold has fared well compared to the price of the U.S. dollar, better than any other hard commodity. Gold is holding its own. The reality is, because the commodity markets are down, very little capital is being invested to replace the production of gold.
Continue Reading at TheAuReport.com…
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