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Message: Markets

From one of my favorite analysts (emphasis added)...

"The bottom line is the recent apocalyptic gold-stock capitulation left this sector as cheap as it's ever been relative to gold. Nearly everyone believes the gold miners are doomed, but nothing could be farther from the truth. With these stocks now trading at levels last seen when gold was around $350, the upside potential in this left-for-dead sector is vast. Gold-stock prices are fundamentally absurd and overdue to mean revert."

http://www.321gold.com/editorials/hamilton/hamilton111414.html

More than coincidentally, perhaps, and for those who have not noticed, there is a correction in precious metals this morning. Gold has moved back up through it's triple bottom. Mining stocks too are up strongly today.

LBSR today seems to be suffering a loss of steam from news out on Monday.

VP



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