14.02.2013 - The commodity or miners if you are going for gold?
While gold prices set to hit USD2,000/oz, the producers of the metal remain cheap. Should investors consider exposure to the commodity or to its miners? Gold prices are predicted to hit $2,000/oz this year from current levels of around USD1,670/oz as a number of factors combine to support the yellow metal. Despite this - and the fact that gold prices have been elevated against historical norms over the course of the crisis - gold producers themselves remain cheap. Why is this and should investors consider exposure to the commodity or its miners?..............................................Full Article: Source
Print