John Lee: Blame Volatility on Summer Doldrums, Not Deflation

Source: Brian Sylvester of The Gold Report In 2004, Analyst John Lee founded Mau Capital Management, a hedge fund based in Vancouver that invests mostly in junior mining companies. In this exclusive interview with The Gold Report, Lee deflates the deflation argument, discusses why he favors near-term gold and silver producers over early stage explorers and reveals some of his fund’s top holdings. The Gold Report: Everyone is concerned with the volatility in the markets. What’s going on out there? John Lee: Well, there’s the proverbial "sell in May and walk away" going on, even though commodity prices have stayed fairly buoyant. In the junior market, there’s a lot of paper that came out and began trading from the financings conducted in November…
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