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Gold/Mining/Energy : Silver Super Bulls

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To: Land Shark who wrote (1274)	9/14/2011 10:37:10 PM
From: Hawkmoon	Read Replies (2) of 1281

Gold/Silver have been godsends to my account in the face of an otherwise sucky equities market that has been going sideways/down for the past 15 years. They certainly have been over the past 10 years. But from 1980 until the late '90s, PMs were nothing but the "house of pain".. I liked what I heard from Larry Fink (Blackrock) yesterday. He said that many gold mining companies are trading at prices that would value the POG at around $800/ounce. Said you could buy many of these companies and almost immediately sell forward contracts and rake in a ton of money... Makes me wonder why Gold companies are so undervalued vis-a-vis the POG? Hawk

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