Frank Holmes says Don Coxe Says...Just another encouraging article Ive posted on a few boards.
Love to find gems like this that confirm what we all seem to be thinking.
Here's th excerpt I likes the most
"As we’ve indicated many times in recent months, a better opportunity for gold investors appears to be in gold mining companies. Coxe agrees, as he believes today represents the “greatest devaluation of precious metal stocks.” In his experience, he thinks there has never been such a disparity in precious metals stocks compared to the price of gold. There are two reasons for this: In the 1970s, the gold ETF did not exist, so speculators who wanted gold exposure had to purchase bullion and take physical possession of it or purchase gold mining shares. Also, gold miners have faced higher labor and energy costs as well as increased capital expenditures."
The article was written by Frank Holmes and is a pretty good rebuttle to those looking for this golden bubble to burst.
Heres the link to the full meal deal...
https://www.kitco.com/ind/Holmes/holmes_sep072011.html
Cheers...
MP.