The gold and equities markets will rally towards the end of the year, according to Auryn Resources executive chairman, Ivan Bebek.

“I think really strongly that not only will the gold market rally this year, but the equities market will rally as well. I think investors can’t ignore how cheap equities are forever, I think eventually both gold and equities will perform, but I’d expect it in second half or Q4 of this year,” Bebek told Kitco News on the sidelines of the Mines & Money New York conference.

When it comes to production, Junior miners are not exploring enough, owing to peak gold, and a lot of “drought” is ahead for miners, said Bebek.

(show less)

The gold and equities markets will rally towards the end of the year, according to Auryn Resources executive chairman, Ivan Bebek.

“I think really strongly that not only will the gold market rally this year, but the equities market will rally as well. I think investors can’t ignore how cheap equities are forever, I think eventually both gold and equities will perform, but I’d expect it in second half or Q4 of this year,” Bebek told Kitco News on the sidelines ... (read more)