Thursday, September 15, 2011

Gold Miner Stocks Look Cheap

Gold mining stocks are very cheap now vs. gold bullion, and this is the time of
year, from a seasonal perspective, to buy those stocks. The cycle usually
bottoms in August and tops in March, which makes now a bit beyond the start of
the strong period. The move higher in gold miners over the past year has already
been fairly dramatic, even though it stalled for 10 months. From Aug. 31, 2010
through the subsequent 14 weeks, the larger producers in

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