The David Lin Report · Thursday, July 16, 2026
Brent Cook predicts gold will fluctuate within a $500-$600 range of its current price over the next year, citing caution in the mining sector despite a pickup in financings. He notes that while more money is being raised, it's going to fewer companies, indicating a focus on quality projects.
“I'm expecting gold to jump around within $500 to $600 of where it is right now for the next year.”
“So we're seeing more money going into fewer companies, which tells you that I guess the cream of the top are getting financed, whereas the suspect ones, the not so good companies or projects, are still struggling.”
“I think that's a really good sign right now. And I think it's a good sign. I think it bodes well for future discoveries.”