Gold Miners ETF (GDX): Gold Miners Are “Absurdly Cheap.” The...

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Re: daddyvlo post# 396

Thursday, 09/17/2015 4:46:39 PM

Thursday, September 17, 2015 4:46:39 PM

Gold Miners Are “Absurdly Cheap.”

The Philadelphia Gold & Silver Index (XAU), the oldest of the gold miner indexes, has broken the low it made back in November 2000, when the gold bullion price was only $265 per ounce.

Gold stocks aren’t just cheap right now. They’re stupid cheap. Many of them are turnaround stories, just waiting to head higher.

http://www.investmentu.com/article/detail/47609/time-to-invest-in-gold-miners-consider-these-four-factors-first#.Vfse7KZg595

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