Natural Resources >> Analyst Interviews >> December 19, 2011

Large Caps’ Equity Holds Value As Gold Prices And Production Costs Rise – Jorge Beristain – Deutsche Bank Securities Inc.

Jorge Beristain, CFA, is an Analyst at Deutsche Bank Securities Inc., where he focuses on metals and mining equity research in Latin America. Mr. Beristain has been ranked in Institutional Investor's survey as the number two Analyst in the metals and mining industry and also is ranked in the pulp and paper industry. Before joining Deutsche Bank, Mr. Beristain worked at ABN AMRO Bank N.V. He was also a Management Consultant specializing in the pulp and paper and environmental engineering sectors in Mexico and Canada. Mr. Beristain holds Securities Principal and Supervisory Analyst licenses. Profile
TWST: We spoke about a year ago, and your commodity team was looking for gold to go to $1,450 or better, and it has done that. Where do we go from here?

Mr. Beristain: The latest forecast has come off