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Exploration Insights' Brent Cook Feels Good About Juniors Again, Here’s Why

The gold sector has garnered attention lately as geopolitical tensions rose and investors continued to question the pace at which U.S. interest rates will rise. And, according to one famed geologist, the sector is likely to go up from here. Speaking with Kitco News Wednesday, Exploration Insights’ Brent Cook said even if he’s neutral on the price of gold, he sees potential for the junior mining space. ‘I’m surprised at how well gold has held up,’ he said. ‘But, what I’m really positive on is the interest I’m seeing in the gold sector, especially in the junior sector. I’m seeing a lot more money coming into exploration from major mining companies.’ Despite pressure earlier in the week, gold prices made a comeback Wednesday following the release of the latest Federal Reserve minutes, which were deemed dovish.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 22359.20 0.24%
S&P 500 2500.60 0.31%
NASDAQ 6422.69 0.52%
TSX 15454.92 0.42%
TSX-V 775.87 0.00%

Resource Commodities

Name Last Change
Gold 1295.99 0.35%
Silver 17.00 0.18%
Copper 2.91 1.22%
Platinum 946.00 0.32%
Oil 50.55 0.28%
Natural Gas 2.95 5.02%
Uranium 20.18 N/A
Zinc 1.41 0.00%

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