Takeovers the Path to Golden Returns: Sascha Opel

Sascha Opel, publisher of one of Germany's most popular commodity newsletters, looks at the economy with rose-colored glasses. He sees the end of the Euro crisis and sees Asian growth as the engine pulling the world out of its economic malaise. He finds the path to golden returns in gold and silver companies likely to be taken over and in this exclusive interview with The Gold Report, he's not afraid to name likely targets.

The Gold Report: It's been four years since you told The Gold Report that gold was beginning the process of re-establishing itself as money.
Sascha Opel: We are in the middle of this process. Many people and even central banks have added gold to their portfolios or balance sheets as they realized that no paper currency is 100% safe anymore. The Greek haircut has made it clear to investors that even European government bonds are not safe havens. The money went into German and U.S. bonds. But what happens in the next few years with growing debt in these countries?

For me, what is still most important is unlike bank, corporate or government bonds, gold has no risk of failure. Bonds have to pay interest to the investors who take the risk to lend the money. If you own gold you are completely independent from any government or any other institution in the world. You are out of the modern financial system. You don't owe anyone anything. Since 2008 it as been clear: gold is the only safe haven.

You can find many, many potential takeover targets, such as
exploration or development companies. Alacer Gold Corp. (ASR:TSX)

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