By SD Contributor SRSrocco:
While it is true that the gold & silver miners have underperformed the bullion… I believe we are going to see a different story in these stocks in the next several years. Right now, you can’t give the da*n things away. Of course, it’s not as bad as the end of 2008… early 2009, but the sentiment is pretty bad.
I believe the gold and silver miners have been hammered… yes. I disagree with many of those on KWN that the stocks are way UNDERVALUED… they AIN’T
I believe the stocks are being properly valued to the price of the metals… however, we all know the metals are manipulated.
Once we start to see the revaluation of GOLD to some trade settlement backing and we have a devaluation of the dollar, there will be a huge run into precious metals… probably before hand as well as the stocks.
Money will have to flow into gold and silver stocks.