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THE buzz around gold equities won’t subside any time soon, says veteran mining analyst Peter O’Connor, who is backing stocks to fly higher on increased market acceptance of a long-term uptrend for gold prices. “This is not a spike like we see in some commodities, this is a long journey with a particularly long plateau,” O'Connor said on a webinar.
Shaw and Partners' Peter O'Connor says gold can go to 'infinity and beyond'
"Looking ahead we see that level being more like a $2000/oz level plateau if not higher from here," the Shaw and Partners analyst said.
Risk sentiment boosts risk equities
