GUS100CORRINA

Invest in Gold Miners, Silver Miners, or Both?

A couple of questions for everyone?

Why does AEM, IAG keep coming up as better value over AUY and others?

When I look at metrics like P/S, P/CF, P/E, Debt/Equity, etc ... AUY is comes to top of all value metrics. Even PEG is much better. Why would any one buy AEM which has a P/E nad P/S ratio that is 8 times AUY. I keep hearing AUY getting knocked on Cramer with comments like ... " I just don't like it" ... with not facts behind statement. My question is: "What is it you don't like or about which you have a concern?"

Is it that analysts just don't like AUY's CEO Peter Marone?

I really don't get it?

Gold Miners: Amazingly Cheap

Good article ... confirms my analysis ... gold miners are truly undervalued. In addition to information you have presented, I also looked at currency translation as well as some statistical measures of fear and greed. With regards to currency translation, the strong dollar while bearish for Gold can be bullish for miner costs for mines outside of USA. Nearest I can tell it is entirely possible that strong U.S. DOLLAR may have reduced miner costs in excess of 25%. I am expecting some commentary from miners confirming this reality. The other more interesting metric on value which is defined as the value that the daily closing price of an index or stock is away from it's 200 Day MA. For example, the XAU index that I used was plotted for time frame including 1999 thru present. Resulting Histogram (which I couldn't believe) contained 2245 samples. Using this simple greed and fear metric, it appears that XAU has 99% chance of advancing over coming days/weeks/months based on population of data points and behavior or index in relation to 200 Day MA.

One other item, my calculations also indicate that Gold and Silver mining stocks look to be priced at about 40% of proven and probable as well as Measured and Indicated reserves that they currently have in the ground.

To all ... take care ... God Bless

Is This the Gold Buying Opportunity of a Lifetime?

I think your comments are on the mark based on articles I have read during last four (4) weeks. My assessment on AUY is that it currently is trading at 4-5 Forward PE and is currently priced at a point that only represent about 40% of dollar value of reserves currently in the ground. Clearly with good balance sheet, low debt-to-equity and debt-to-asset ratios, AUY has got to be a ruby among GEMS. Below is some information that I recently shared:

Gold miners, as a group, are truly undervalued. I also looked at currency translation as well as some statistical measures of fear and greed. With regards to currency translation, the strong dollar while bearish for Gold is bullish for miner costs for mines outside of USA. Nearest I can tell it is entirely possible that strong U.S. DOLLAR may have reduced miner costs in excess of 10%. I am expecting some commentary from miners confirming this reality in the coming weeks. The other more interesting metric on value which is defines fear and greed is a metric that is defined as the value that the daily closing price of an index or stock is away from it's 200 Day MA. For example, the XAU index that I used was plotted for time frame inclusive of 1999 thru present. Resulting Histogram (which I couldn't believe) contained 2245 samples. Using this simple greed and fear metric, it appears that XAU has 99% chance of advancing over coming days/weeks/months based on population of data points and XAU's price behavior in relation to 200 Day MA.

One other item, my calculations also indicate that Gold and Silver mining stocks look to be priced at about 40% of proven and probable as well as Measured and Indicated reserves that they currently have in the ground.

God Bless.

Gold vs. Miners: Looking Beneath the Surface

Good article ... confirms my analysis ... gold miners are truly undervalued. In addition to information you have presented, I also looked at currency translation as well as some statistical measures of fear and greed. With regards to currency translation, the strong dollar while bearish for Gold can be bullish for miner costs for mines outside of USA. Nearest I can tell it is entirely possible that strong U.S. DOLLAR may have reduced miner costs in excess of 10%. I am expecting some commentary from miners confirming this reality. The other more interesting metric on value which is defined as the value that the daily closing price of an index or stock is away from it's 200 Day MA. For example, the XAU index that I used was plotted for time frame including 1999 thru present. Resulting Histogram (which I couldn't believe) contained 2245 samples. Using this simple greed and fear metric, it appears that XAU has 99% chance of advancing over coming days/weeks/months based on population of data points and behavior or index in relation to 200 Day MA.

One other item, my calculations also indicate that Gold and Silver mining stocks look to be priced at about 40% of proven and probable as well as Measured and Indicated reserves that they currently have in the ground.

God Bless.