It looks like the gold and silver mining stocks (especially the juniors) could be reversing the downward trend they've been in for a while now. While gold has remained under $1600, the stocks have gone up a little bit, with the HUI back up to near 420 and the GDX at 43.
Perhaps people are starting to realize just how ridiculously undervalued this sector has become. These companies are profitable with $1600, $1500, $1400, even $1200 gold.
http://finance.yahoo.com/blogs/breakout/gold-hits-2012-low-gold-miners-show-signs-132751621.html
Thursday, May 10, 2012
Wednesday, May 9, 2012
Leeb on Gold Juniors - "Greatest Bull Market of All-Time."
Stephen Leeb is Chairman & Chief Investment Officer of Leeb Capital Management:
"The junior gold stocks, the ones with honest to goodness reserves which have not been developed, they will see one of the greatest, if not the greatest bull market of all-time."
Read more at KingWorldNews
"The junior gold stocks, the ones with honest to goodness reserves which have not been developed, they will see one of the greatest, if not the greatest bull market of all-time."
Read more at KingWorldNews
Monday, May 7, 2012
Silver Stocks are Dirt Cheap !
Check out my latest video on why I think silver stocks are
a screaming buy right now.
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