21.03.2014 - How to cut a deal with gold miners
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
Print