Rick Mills: Low-Cost Producers Trump Larger Mines in Costly Market

Posted on December 03, 2012 at 03:00 AM EST

The Gold Report: Rick, is this a good time to be buying gold? Rick Mills: There are three key reasons to have exposure to gold bullion. The traditional reason is to protect against inflation. . . . → Read More: Rick Mills: Low-Cost Producers Trump Larger Mines in Costly Market Similar posts: There Is More to Gold than Mere Capital Appreciation: John Hathaway The Gold Report: John, you predicted $2,000/ounce (oz) gold prices.... Natural Resource-Related Stocks Show Promise: Frank Barbera The Gold Report: Europe is in the headlines daily: more... Gold Is Not a Growth Industry—It Can Just Pay Investors Big: John Hathaway The Gold Report: When we spoke last October, you were...

The Gold Report: Rick, is this a good time to be buying gold?

Rick Mills: There are three key reasons to have exposure to gold bullion. The traditional reason is to protect against inflation. We’re printing money. More quantitative easing has taken place and inflation looks to be coming down the pike. I buy groceries. I pay for gas. I can see inflation. I firmly believe it’s going to get higher over the coming months and years. Buying gold as a protection against inflation is realistic.

The second reason investors have traditionally bought gold is as a safe-haven … [visit site to read more]