“I just want to help people here and my message is to own gold. But again I have to say something about these junior gold stocks. For these major gold companies that are looking to replace their reserves, they are going to have to start buying the quality junior gold companies. Investors can expect to see a lot of acquisitions.

I would prefer for investors to own these juniors because the quality shares will end up in a mania at some point. The last leg of the 70s bull market saw incredible gains in junior mining shares and I expect the same thing this time around. The bottom line is this is an ideal buy point for gold and the mining shares. As I said, there is very little downside and enormous upside potential.”