Natural Resources >> Analyst Interviews >> December 22, 2008
INVESTING IN GOLD – VICTOR FLORES – HSBC SECURITIES (USA) INC.
VICTOR FLORES is a Senior Analyst with HSBC Securities (USA) Inc., focusing on
precious metals. Previously, he was associated with Marleau, Lemire Securities,
Inc., and U.S. Global Investors. He earned both his Bachelor's degree in
Geological Sciences and his MA in Energy and Mineral Resources Management from
the University of Texas at Austin. A Chartered Financial Analyst, Mr. Flores is
a member of the AIMR and the Society of Mining Engineers. Profile
TWST: Victor, it's been an up and down year for gold. How would you characterize
what went on in 2008?
Mr. Flores: If you look at gold and commodities, it's really been a tale of two