Barry Allan: Intermediate and Development Plays Are the Golden Ticket
Source: Brian Sylvester and Karen Roche of The Gold Report In this exclusive and revealing interview with The Gold Report, Mackie Research Capital’s Barry Allan, always among Canada’s top-ranked mining analysts, says the European currency crisis and crippling debt problems will push gold—and the U.S. dollar—higher throughout the rest of 2010. But gold and the greenback may not be the biggest winners as a result of a faltering euro. Allan suggests other currencies could have the most to gain as investors seek other havens. Allan also sheds some light on why the best bets in the gold sector are intermediate and development plays. The Gold Report: Barry, the last time we spoke, you told us gold typically has a rough first quarter. Tell us…
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