Market videos

Ted Oakley distinguishes long-term bullion holdings from more volatile mining shares. He says he cut gold-miner exposure over the past two months while retaining bullion and some core miners, and is out of silver and silver miners. As a historical comparison, he says gold fell over 20% in 2008 while miners fell over 60%. He thinks a durable turn may take until next year; if interest rates are being lowered in the second quarter, he says that would favour gold.