Dr. Kal Kotecha, editor and founder of the Junior Gold Report took some time to talk with the Investing News Network at the 2018 Prospectors & Developers Association of Canada (PDAC) conference in Toronto.

Kotecha said he thinks there will be a big crash in the stock market in the next two or three years and “individuals who prepare themselves now are going to be quite happy down the road.” He believes the stock market is inflated and the next crash will be debt based. He said both gold and silver have been submerged and that prices of both precious metals will go higher, with silver possibly breaking a high of $19.50 in the next year or two.

Kotecha said a lot of the “easy money” has already been made in bitcoin and ethereum and believes that “if the stock market is going to crash in a couple years, so will cryptocurrencies but not gold.”

In terms of commodities, he is bullish on the outlook for silver, cobalt and lithium in 2018. His favorite companies include MGX Minerals (CSE:XMG), in which he owns stocks, and Noble Mineral Exploration (TSXV:NOB), which recently released an update on drilling at its Lucas Township gold project, located in Ontario, Canada.

Kotecha said he likes MGX Minerals for its management under President Jared Lazerson, who is “very sharp, intuitive, and has a sense of integrity that I think a lot of individuals in the junior markets lack.” He notes that MGX Minerals is in the lithium space and is developing an efficient technological process to extract lithium from waste water and “also cleaning up the waste water into cleaner farmland water so it’s a really good process.”

Watch the interview above for more insight from Kotecha or read the transcript below. You can also click here to view our PDAC 2018 playlist on YouTube.

INN: Tell us about your experience with the Junior Gold Report. How did that get started?

KK: Well, I started in news business in 2002 with the Kotecha Resource Report and it subsequently changed to the Junior Gold Report in 2010. So I have quite a few fortunately really good subscribers that read the content so it a varies on gold the economy to base resources and things like that. I also have a feature column, on the home page of StockNews.com.

INN: So I wanted to ask you as well, since you cover gold stocks, what can we expect the price to do this year for gold?

KK: In my opinion has not been parachuted down from heaven, so it’s just my opinion right? So I really think that by the end of the year, towards the beginning of next year’s when you get to see a higher price for both and that has be a lot to do with the economy and what’s happening both sides of the border as well which I can get into, you know on other questions. But I believe that we will see higher heights and possibly even break the high of $19.50 or so, otherwise a few years ago, you probably see that in next year or two.

INN: And you touched on your presentation in some of the issues that were coming up in the next couple years with the stock market, so maybe you just want to talk about that and how that can affect gold going forward?

KK: Okay. I really think the next two or three years in a lot of other pundits reflect the same narrative I do, is that we are gonna see a pretty big crash in the stock market and it was mortgaged based and derivative based 10 years ago. This is gonna be more debt based, okay. So I really believe that people, individuals who prepare themselves now are going to be quite happy down the road and you know, I always go on and hit the highs and saw that, buy at the highs and sell at the lows. But if you can properly try to forecast and then you can start preparing yourself but I really believe the stock market is totally really inflated. It’s only a certain amount of boundary, it can go even higher but then I believe gold has been submerged and especially silver as well, which we can get into and I believe that’s where the true and high interest money is going to be. Now that does not necessarily equate that precious metal stocks will follow. Because in 08′ when the market crashed, so did precious metal stocks but gold and silver bullion actually stayed the same and appreciated a little bit. So it’s a baby with bath water, everything is just going to go down the toilet, right?  I believe including junior mining stocks down the road. It doesn’t mean it’s gonna happen now, this is just the next couple two to three weeks I believe. So there’s still a lot of money to be made in this market.

INN: Right. So how does that affect silver going forward? Will we see silver kind of follow gold in when there’s market trouble?

KK: There’s three different options. Right now, we have an 80 to one ratio of silver to gold. So historically, that means that either gold is overvalued, silver is undervalued, grossly undervalued or both of them are undervalued and I believe both of them are undervalued. But silver taking on a lot of base metal characteristics as well and being a cheap man’s gold, I believe it’s gonna propel itself quite a bit higher. So when gold starts moving on a percentage basis, silver will accelerate that and it is only so long you can submerge something. If you go back in time you’d think, “You know, I should have bought Cryptos in 09′ or 010.” “You know, I should have bought equities in early 09.” I believe this is where we are in silver at this point.

INN: What about the gold versus cryptocurrency debate, we’ve been hearing a lot about that, people have a lot of