New Bull Market for the Gold Sector: Soon

Bob Hoye and Patrick Highsmith return as guests this week and your host Jay Taylor will talk about a company that could become the next huge intrusive gold discovery akin to the evolving 30+ million oz. Snowline Gold Corp.

Those of us who have been investing in gold exploration shares have been depressed by the performance of gold and gold shares. Bob Hoye says the bear market in gold exploration stocks is about to end. It has something to do with the credit cycle as well as the “real price of gold.” Bob explains his thesis which is credible given his track record of several decades.

Patrick Highsmith’s Timberline Resources seems to be onto a high-grade Carlin-style gold discovery in Nevada. Although few investors care at all now about gold exploration stocks, ignoring Timberline Resources may be a mistake given its miniscule market cap relative to potential gains given the scale of gold exploration targets and massive scale of geological structures hosting gold mineralization.

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With a degree in geophysics and a number of fascinating summers working for “juniors” in mining exploration, one winter in “the bush” quickly led Bob Hoye into the financial markets. This included experience on the trading desk and in the research department of a large investment dealer. Bob’s review of financial history provided the forecasting models needed to anticipate significant trend reversals in the sometimes-alarming volatility typical of the transition from rampant speculation in tangible assets to fabulous speculation in financial assets. As well as the dreadful post-bubble contractions. Regular publications as well as opportunistic technical reports cover the stock market, the yield curve, credit spreads as well as metal and energy prices. Bob, as chief financial strategist, writes the weekly overview – PIVOTAL EVENTS – which as of November 2022 is calling for a multi-year bull market in the Gold Sector.

Patrick Highsmith is Chairman of Firefox Gold Corp. A professional geologist and mining executive with 29 years of experience in exploration, operations, business development & leadership roles for companies, including: Rio Tinto, BHP Billiton, Newmont, Lithium One, Pure Energy Minerals, and Fortescue Metals Group. Mr. Highsmith has worked on more than 250 projects around the world, leading teams through creative transactions, new discoveries, scoping, and prefeasibility studies. He is experienced in the capital markets, having been associated with all manner of financings and transactions. Patrick has been targeting gold in Finland since 2005, and has been integral in building FireFox. He is also the Pres.& CEO of Timberline Resources, a mineral exploration and resource development company focused on gold and copper discoveries in north-central Nevada, USA.

About Jay Taylor

Jay Taylor is editor of J Taylor's Gold, Energy & Tech Stocks newsletter. His interest in the role gold has played in U.S. monetary history led him to research gold and into analyzing and investing in junior gold shares. Currently he also hosts his own one-hour weekly radio show Turning Hard Times Into Good Times,” which features high profile guests who discuss leading economic issues of our day. The show also discusses investment opportunities primarily in the precious metals mining sector. He has been a guest on CNBC, Fox, Bloomberg and BNN and many mining conferences.