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Gold mining stocks take a beating as price tumbles

Posted on 18 July 2013

Think gold has been a bad investment this year? Try gold miners. The FTSE Gold Mines index of gold equities has tumbled 46 per cent since the start of the year. Some shares have fallen even more: London-listed African Barrick Gold is down 76 per cent.
“The sentiment is terrible – worse even than the sentiment towards gold,” says Patrick Chidley, analyst at HSBC………………………………………..Full Article: Source


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