Gold run caught generalist investors off-guard: Foster

RECENT weakness in precious metals prices will be an opportunity for generalist investors, who might have been surprised by the recent run up in gold and silver prices, to return to junior mining stocks, Joe Foster, portfolio manager and strategist for gold and precious metals strategy at VanEck, told Mining Journal at the 2019 Precious Metals Summit in Beaver Creek, Colorado.

Gold run caught generalist investors off-guard: Foster Gold run caught generalist investors off-guard: Foster Gold run caught generalist investors off-guard: Foster Gold run caught generalist investors off-guard: Foster Gold run caught generalist investors off-guard: Foster

Joe Foster of VanEck

"No one outside the specialist investors in this sector, of which I am one, anticipated this price move in the last three to four months and I think it caught the generalist investors off guard.