This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Digging for Opportunity in Precious Metals, Part 2

The more interesting half of the reply is that we have good reason to believe we're nearing an absolute bottom. However, don't accept the words of a "gold bull" here, but rather get that same sentiment from Lauren Templeton Investments , which doesn't like gold:

At first glance, it may seem strange to use the words bargain and gold in the same sentence. However, the distinction lies not in the shiny yellow metal but rather in the observation that the mining firms operating in this space have not traded at such low valuations since the Lehman induced panic of the financial crisis during late 2008...

The rally in the gold- and silver-mining companies that followed that bottom was the most spectacular of this entire bull market.

There is one final, but crucial caveat here for investors: the major distinction between the large-cap miners and the junior miners producing in this sector. This will come in the conclusion of the series.



This article was written by an independent contributor, separate from TheStreet's regular news coverage.

4 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%
TSLA $206.79 0.00%
YHOO $44.45 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs