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How to cut a deal with gold miners

Posted on 21 March 2014

Give those guys a gold star. Gold-mining stocks, so bad for so long, are finally doing what they are supposed to. Namely, offer leveraged exposure to a gold-price rally. Gold is up 11% so far this year; mining stocks have jumped 21%.
That is in sharp contrast to recent years: In 2011, for example, gold hit an all-time high and gained 9%; mining stocks fell 16%. The miners’ rehabilitation, though, isn’t complete. Investors should look for deals—in more ways than one………………………………………..Full Article: Source


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VRS - who has written 39856 posts on Opalesque Commodities Briefing.


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