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This Will Drive Gold Prices And Miners In 2018 - Jordan Roy-Byrnes

Kitco News

Editor's Note:View Kitco News' full 2018 outlook coverage

(Kitco News) - Known as a fan favorite, the Expert Series brings together well-known investors and Kitco regulars to find out where they will be putting their money in 2018.

Adding a twist this year's feature, we have asked popular mining sector analysts for their thoughts on the mining sector and what companies they like in the new year.

This time, we asked investor Jordan Roy-Byrne how he would invest $100,000 in the mining sector this year.

He also shared some investments he would avoid, including bitcoin.

Check out what he has to say!

PART I: Avoid Tesla 'Above All Else' in 2018

PART II: Put Half Your Investment In The Best Of The Best Of 2017 - Rick Rule

PART III: Pick Miners With Low Cost And Good Management - Marin Katusa

PART IV: Base Metals & Energy To Win In 2018 - USCF

PART V: Keep 10% In Gold And Avoid Long-Term Bonds - Frank Holmes

PART VI: These Are The 3 Companies Brent Cook & Joe Mazumdar Like In 2018

PART VII: Here Are Top 3 Investments To Avoid In 2018 - Mickey Fulp

PART VIII: Everything & Gold Will Rise in 2018, Except Bitcoin - Expert

PART IX: This Will Drive Gold Prices And Miners In 2018 - Jordan Roy-Byrnes

Experts: Jordan Roy-Byrne

Claim to Fame: creator of the Daily Gold Newsletter.

How would you invest $100k in the mining sector in 2018?

I would own a basket of select juniors. A basket gives you diversification which reduces your risk. I would also consider adding Silver to that basket.

What will affect gold most in 2018? 

Real interest rates as always.

To be specific, potential for inflation to accelerate could push real rates lower even though nominal rates are rising. A correction in the S&P 500 could also help precious metals. A rise in long-term rates while initially bearish for precious metals could become very bullish if and when the yield curve steepens. 

Roy-Byrne's Top Mining Picks?

Defiance Silver (TSX.V: DEF) and Novo Resources (TSX.V: NVO)

What 3 investments would you avoid in 2018? Why

Bitcoin and other crypto currencies, Government Bonds, U.S. Stocks

Bitcoin is a full blown mania that could collapse. US Government Bonds are close to a major technical breakdown and the risk/reward prospects for U.S. stocks are very poor. 

If you could describe 2017 in one word, what would it be

For the gold market? "A Grind." 

What is your outlook for bitcoin in 2018?

Bitcoin and other crypto currencies have made parbolic moves that dwarf other historical bubbles. Bitcoin and the crypto space is in a full blown mania. 

Final thoughts?

After a grinding 2017, the precious metals sector has a good chance to make a major move higher in 2018. We are more optimistic about the chance for the second half of the year.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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