SOURCE: Streetwise Reports

Streetwise Reports

August 12, 2016 09:00 ET

Chen Lin Tells The Gold Report How to Profit From the Current Gold Bull Market

SAN FRANCISCO, CA--(Marketwired - August 12, 2016) - After five years of a brutal bear market, gold and gold miners are finally having a huge rebound, and investor Chen Lin, writer of the popular newsletter What is Chen Buying? What is Chen Selling?, sees the parallels to 2009. He highlights nearly a dozen mining companies that have weathered the downturn and are in position to ride the wave higher.

Included in this article is: Pretium Resources Inc. (TSX: PVG) (NYSE: PVG)

Gold and silver are still looking very strong in the shoulder month of August. This year's gold and silver rebound tracks the strong rebound of 2009, the period when gold and silver rebounded off the brutal 2008 crash. Following the 2009 playbook, we should have a good second half if gold and silver continue to follow in the footsteps of 2009.

I own companies that were building new mines during the downturn and are now finishing them or are close to finishing them, companies that include Pretium Resources. Now everyone wants to build the next new gold mine. But during the downturn, only the best deposits were put into production. Pretium is finishing up a world-class mine in north British Columbia. It should start pouring gold next year, 500,000 oz/year at costs well below $500/oz.

Continue reading this interview: Gold 2.0: How to Profit from the Current Gold Bull Market

About Streetwise Reports - The Gold Report

The Gold Report shares investment ideas for the precious, base and critical metals sector. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

DISCLOSURE:

Pretium Resources Inc. is a sponsor of Streetwise Reports. The companies mentioned in this article were not involved in any aspect of the article preparation or editing so the expert could write independently about the sector. Streetwise Reports does not accept stock in exchange for its services. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

Full disclosures are available at the end of the article: Gold 2.0: How to Profit from the Current Gold Bull Market

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