from King World News
On the heels of gold’s biggest year-to-date surge in 36 years, look at this shocking undervaluation in the gold and silver markets.
“It is impossible to produce a superior performance unless you do something different from the majority.” — Sir John Templeton
By Ronald-Peter Stoeferle, Incrementum AG Liechtenstein
August 23 (King World News)
Shocking Undervaluation In The Gold & Silver Markets
Relative to the gold price, the gold stocks in the Gold Bugs Index are at the same level as in 2001, when the gold bull market began. This is by itself strong evidence that gold mining stocks are cheap relative to gold (see chart below).