Lawrence Lepard – Macro Comments On Gold, PM Stocks and How To Avoid Obvious Traps
I’m happy to introduce Lawrence Lepard, gold stock fund manager and Investment Manager at Equity Management Associates, LLC. I’m sure a lot of you have followed Lawrence for years through his commentary on the precious metals sector and the metals stocks. I will be getting Lawrence on the show more regularly so please keep in touch and let us know what topics and companies you would like us to discuss.
In this interview we start with macro comments on the gold price disconnect from the gold stocks. We also discuss what investors are looking ahead to that is holding back the gold price from all time highs, and how this differs from his projections for the precious metal and economy. Since Lawrence is very active in the stocks, we spend time asking him what type of gold stocks he likes and which he is avoiding, mostly focused on producing companies.