Gold Stocks Biggest Buying Opportunity in 25 Years

by alexoscarew | February 2, 2013 at 11:24 am
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Read More: http://newsdoors.blogspot.com/2013/02/gold-stocks-biggest-buying-opportunity_2.html

Mike Kapsch writes: Don’t look now but gold stocks are cheap, really cheap. Just take a look at this chart
(*Proven gold reserves calculated with gold price at $1,655/oz.)
Today, a number of major gold miners trade for even less than the actual amount of gold they have on hand. That excludes probable reserves.
It also leaves out any other mineral reserves these companies have. For instance, Goldcorp produces silver, copper, lead and zinc – in addition to gold. Meanwhile, Yamana also mines silver, copper, zinc and molybdenum.
The bottom line: Right now could be one of the best buying opportunities you’ll ever find for some of the world’s biggest gold miners.
Read More: http://newsdoors.blogspot.com/2013/02/gold-stocks-biggest-buying-opportunity_2.html

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