Big Money Anticipating Another 1970s Style Gold Mania

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/18_Big_Money_Anticipating_Another_1970s_Style_Gold_Mania.html

Here is what Sean Boyd, CEO of $5 billion Agnico Eagle, had to say: “We believe this is just a correction in gold and that it was orchestrated in the paper market. The flip side has been incredibly strong physical demand and continued central bank buying. We see this as a tremendous opportunity.

Sean Boyd continues: “Gold equities are at historic lows and the companies are working on their business models and putting together plans that will allow them to weather this volatility and be in a position to participate when gold moves higher. We firmly believe this is just a short-term blip, and gold will go right back to the $1,800 level....