Pacific Bay encouraged after historical review of Wheaton Creek project

Strong fundamentals will lift the price, but all bets are off if the many ETF investors who bought between $20–$30 lose confidence and start liquidating en masse.

Oil's precipitous decline, a looming emerging market currency crisis and the retreat in equities see investors flocking back to gold.

But only 34% plans to hire full-time employees and a further 20% is actually considering job cuts.

In this interview with The Gold Report, find out what Cook expects for gold exploration in 2015, and why the next few years are going to be very interesting indeed for yellow metal miners.

As far back as 1942, economists have noted that small-cap companies in particular tend to surge at the beginning of the year in a cycle known as the January Effect.

Based on past performance of the gold price relative to the dollar index, gold should be touching $1,100 an ounce now.

Rampant US dollar and fresh oil sell-off can't stop gold bulls as euro fears return to wallop equities.

Blockchain is the key.

In the meantime, the miner will receive silver produced at three other Barrick operations in South America.