Larry Edelson - Gold & Miners Near Bottom in Time & Price

I have quoted Edelson previously, as a long term gold bull who has been rightly bearish since 2011 and sceptical of the early 2014 advance, which has since seen significant correction.

This week Edelson writes.......

Gold and silver are now in their final bottoming process, with a bottom not too far off in time or price...... Once the bottom is confirmed, gold will be on the launching pad for a move to $5,000 plus over the next few years; silver, to more than $125.  Most investors, just as importantly, will be buying the WRONG mining companies as another way to profit from the next bull run higher in the precious metals. They’ll focus on tiny, beat-up junior exploration companies, when, in fact, only a select handful of juniors will reap the benefits of the next precious metals bull market. Or, they’ll focus on senior miners, laden down with too much debt, or seniors that have started to re-hedge their resources and reserves, thinking gold and silver are in long-term bear markets.

Miners Edelson likes

So here we go. A list of 10 you might want to keep handy: 1. Goldcorp Inc. (GG) 2. Yamana Gold, Inc. (AUY) 3. Newmont Mining Corp. (NEM) 4. Agnico Eagle Mines (AEM) 5. Freeport-McMoRan Copper & Gold Inc. (FCX) 6. Hecla Mining Co. (HL) 7. Eldorado Gold Corp. (EGO) 8. New Gold, Inc. (NGD) 9. Franco-Nevada Corp. (FNV) 10. Randgold Resources Limited (GOLD)