TMR: Do you have any thoughts on where the prices of gold and silver will go in the second half of 2014?

RM: Higher sooner rather than later. That goes for copper, nickel, tin, zinc and pretty much any mineral. It's a question of supply and demand. Junior resource companies own the world's future deposits. They buy claims from prospectors, work the projects and advance them to where they are bought by larger companies. And these mining juniors cannot get funding. So how will the majors replace their reserves? The answer is that they can't. It's just a matter of time before metals prices react to physical shortages. Think about it, when was the last time you heard of a major mining company making a discovery?

...and lots more along these lines at...

http://www.kitco.com/ind/MiningReport/2014-07-02-Rick-Mills-Econ-101-Rising-Demand-and-Falling-Supply-Equals-Higher-Metals-Prices.html