By Liezel Hill
MINEWEB.com (Bloomberg)
Gold and silver equities are “bottoming” and will go on to outperform the metals when a recovery finally begins, said Peter Grosskopf, the chief executive officer of Canadian money manager Sprott Inc.
While both commodities have declined this year, they will eventually erase the losses and rise to records as more money is printed around the world, Grosskopf said in a Nov. 15. phone interview. Gold and silver producers will emerge stronger from the downturn as the weak are “weeded out,” he said.
“Many of those equities and those projects need to go through some serious re-evaluation,” he said. “They will recover much more violently than the bullion prices.”
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