The Gold Report: Investing in mining equities is a cyclical play. Are we at a point in the cycle for investors to return to mining equities?
Jamie Mackie: I think the gold mining stocks are at or near the bottom. Research from the Ned Davis Research Group shows that pessimism is extremely high—typically an indication that we are close to a bottom. From our perspective, that is the best time to position yourself. Once the market begins to turn, it will happen rapidly. Investors need to recognize value and get in reasonably early to avoid paying up later.
I compare the situation to being at … [visit site to read more]Similar posts:
- Sprott’s Michael Kosowan on Surviving Death by Paper Cut in Today’s Mining Equity Market The Gold Report: Are you mostly involved in mining investments,...
- Miners Downsizing Capital Expenses for Smart Growth: Ralph Aldis and Brian Hicks The Gold Report: The Nov. 1 edition of Frank Talk...
- Gold Producers in the Catbird Seat: Jay Taylor The Gold Report: Jay, in the June 20 issue of...
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here