Thursday, August 25, 2016

Look At This Shocking Undervaluation 
In The Gold & Silver Markets
"Relative to the gold price, the gold stocks in the Gold Bugs Index are at the same level as in 2001, when the gold bull market began. This is by itself strong evidence that gold mining stocks are cheap relative to gold .. The gold mining industry has gone through a process of creative destruction and fundamental restructuring. As a result of this, we expect that in coming years, mining stocks will once again become the kind of leveraged bet on gold that investors crave."
- Ronald-Peter Stoeferle
link here to the analysis

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