Hints and tips:
...Mr Mayo will be based in New York and will report to Todd Wickwire and Sam Pearlstein, co-heads of equity research....
...more breathing room this year but not much and the market is very discriminating about giving capital to these companies until they can demonstrate returns on investment relative to the risk,” says Joe Wickwire...
...“This is something that has been going on since the Fed hiked rates in December,” adds Mr Wickwire....
...It will also depend on whether more mine supply comes out of the market, according to Joe Wickwire, portfolio manager at the Fidelity Select Gold Portfolio with $870m of assets under management....
...Gold will shine again.”...
...“This will translate into declining gold prices (in US dollar terms),” the bank says....
...Joe Wickwire, manager of the Fidelity Advisor Gold Fund, says consolidation is inevitable. “The industry is going to get smaller,” he argues....
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