miners

GOLD HITS RECORD HIGHS, MINERS UNDERVALUED

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Gold traded at new highs today however many quality gold miners have not reflected the strong gains in Gold in 2011. Gold miners in general are undervalued, Junior Gold companies are also very attractive as we expect to see consolidation in the industry as high prices drive take-overs and buy-outs. Spot gold was set for a second consecutive daily trading rally, up 2 percent from Friday at $1,696.56 an ounce by 1342 GMT, having hit a record $1,715.01 earlier and having traded at all-time highs in sterling and euros . Investors have bought more gold in the last month than … Read more

‘ Beta and Leverage

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Even though U.S. politicos appear ready to reach an agreement on the debt-ceiling front, the fiercely polarized debate has introduced uncertainty into what was previously thought to be an obligation with certainty. Some no longer consider U.S. government debts to be risk-free. Some foreign central banks seem to be speaking with their feet by diversifying away from the U.S. dollar and are considering gold to be a safe-haven asset, and its price has continued on an upward tear. Many speculate that the last-minute compromise might avert technical default, but given the inability of the political machine to reach any pre-emptive … Read more

USA Miners a Buy as Nations Tighten Grip on Resources

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USA Miners a Buy as Nations Tighten Grip on Resources     USA Miners a Buy as Nations Tighten Grip on Resources A new dynamic is developing in the flow of natural resources, countries from Indonesia and India to China and Russia are tightening their grip on natural resources as they limit exports to build up domestic industry in a trend that will spawn many challenges to World Trade Organization rules. However the move is not going to stop, this makes natural resource owners and miners in large consumption markets in the USA a strong buy. USA Industry will have … Read more