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Friday 20 January 2017

Outlook for gold in 2017 'quite good' says Mining Capital's Alastair Ford: ProactiveInvestors Stocktube

Published on 20 Jan 2017
Ford tells Proactive: ''What Donald Trump says and does is key to the gold price in 2017''.

''They've got two issues in American politics - domestic and foreign. The obvious foreign policy thing is that investors in gold will be buying gold on the fear that Trump is going to start some sort of foreign war with China''.

Ford adds: ''All fear of conflict sends investors scurrying into Gold''.

Alastair Ford also touched on some of the companies he'll be keeping an eye on in 2017.

''I was interested to speak to Julian Treger of Anglo Pacific Group PLC (LON:APF) this week .... it looks like it's going to make serious profits this year partly because royalty income is going to go higher and also because it will have to revalue the royalty assets upwards''.

Ford also mentioned Rainbow Rare Earths as a company to watch as well as Balkan Zinc.

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