Sentiment for Gold is at Rock Bottom - John Hathaway

http://bit.ly/RecoveryRealityCheck For the complete audio set from the conference, available in CD and mp3 format.

Casey Research's Chief Metals and Mining Investment Strategist, Louis James sits down with John Hathaway, Senior Managing Director for Tocqueville Asset Management, at the latest Casey Research Conference, "Recovery Reality Check" in Weston, Florida.

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• Category

  News & Politics

[Cynthia Hsu]

Hathaway is right on here. Gold made a low at 1527 on 5/16/12 and has not looked back since.

[DavidDavid1111111]

If Hathaway doesn't have a crystal ball, then why does he attempt to make foolish short-term predictions on the gold market? Hathaway has been wrong for the past 10 months. John is a perma gold bull. He is always bullish on gold, which means he will look like a fool 50% of the time. People like Hathaway get paid to be bullish the gold market. What is my accomplishment? Nothing.

[gigie555]

Hathaway doesn't have a crystal ball that can predict what gold will do next week. But he was super bullish on gold 12 years ago and long term he has been correct. Now tell us David what is your accomplishment?

[cafeajm]

May the lesser fool win! Paper vs gold. When perception is reality, mythmakers win.

[prayfortruejustice]

Being an advocate for gold hedging (but not a gold standard) I find some of the information in this interview incorrect or misleading or just promoting his book..

[DavidDavid1111111]

Guess what John? You were proven wrong 5 minutes after you did this interview! Gold has indeed dropped below $1,600 per ounce. As usual, your forecast has been proven wrong. This time it ony took about one day. Hathaway is a typical gold bug. Gold bugs are constantly bullish (even as the price of gold is plummeting).

[DavidDavid1111111]

Hathaway is a joke. He has been predicting a bottom in the gold stocks for the past 6 months.

Each time he does an interview, he says, "Gold stocks have bottomed." Yet gold stocks continue to drop. Hathaway sounds like a broken record. Of course, one day he will be proven correct. Gold stocks will eventually bottom. In the meantime, Hathaway looks foolish.

[Hamad Oman]

The failed policy of the fed has the reason behind the increasing rate of Gold and the inflation.

End the fed and give the dollar its actual value and then everything will be fixed automatically.

Hyperinflation is worst thing could halt the slow recovery of US crippled economy.

I am going to purchase more gold after I listened to John Hathaway analysis.

US deficit will swell rapidly, if Gold rate increase suddenly.

[lilbromarky1]

This was one of the best Casey videos in a while.

[sidkings]

I just bought a ltd edition Gold Maple (Canadian Mountie), 5 Ltd Edition Silver Koalas and a 2012 Silver Panda. I was trying to hold back, but I couldnt help myself... :-)