John Hathaway: Gold Stocks “Ridiculously Cheap,” What Will Make Them Move?

John Hathaway of Sprott shares his thoughts on the disconnect between the gold price and gold stocks, explaining why it’s happening, whether he’s seen it before and what could make gold stocks finally start moving.

“You could have … the dot-com crash in 2000, 2001 and the global financial crisis in 2007, 2008 combining to turn consensus investment banking upside down,” he said. “That’s the sort of thing that would lead investors to look for diversification.”