(Top Pick Jul 22/13, Down 0.19%) You could see a bounce back up to $1360-$1420 for gold, depending on geopolitical events. Gold could have this short term pop of 5-10% and it will increase long term as well due to Indian demographics among other factors. He will hold it for fundamental reasons. They are not finding as much gold any more.
One of his favourite stocks. He is kicking himself for not having bought in. In the next 12-18 months with a pipeline expansion, you are talking about a million more barrels of throughput.