Insights from Tocqueville
Tocqueville Gold Strategy Investor Letter
By John Hathaway on July 12, 2016
Weeks Where Decades Happen The precious metals markets have clearly turned the corner, becoming flat-out bullish following the extensive and painful correction from August 2011 to year-end 2015. Year-to-date through June 30, the US dollar gold price has increased 24.57 percent, while the XAU (Philadelphia index of gold and silver stocks) benchmark has increased 116.16 …Read More
Tocqueville Gold Strategy Investor Letter Year End 2013
By John Hathaway on January 7, 2014
Despite the painful decline in gold and gold shares that persisted throughout the entire year, we believe that the fundamental case for both remains strong. It seems to us that the correction has left the entire sector sold out and friendless. As contrarians, our experience has been that attractive investment returns arise out of such …Read More
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