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Message: Sprott's Charles Oliver comments on gold price

Will gold begin to head higher in 2014?

“By year-end, I’d say gold could reach $1,600 to $2,000 per ounce. But of course, I’ve been surprised by how long this market is taking to recover. I’m not sure when this market will wake up and come back to life.

“I see a brief window within the next few months where the gold price could recover, because the gold price tends to perform poorly from March through June. It tends to perform better in July and August, so I’d expect something to happen then if the gold price is going to take off this year.”

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