Mining Stocks Are Historically Undervalued

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Includes: ASA, DUST, GDX, GDXJ, GDXS, GDXX, GGN, GOAU, GOEX, JDST, JNUG, MELT, NUGT, PSAU, RING, SGDJ, SGDM, SIL, SILJ, SLVP, TGLDX
by: Dave Kranzler

The mining stocks are more undervalued relative to the S&P 500 than at any time since 2005:

The mining stocks, especially the juniors, are more undervalued relative to the price of gold than at any time in the last 18 years, except late 2000 and December 2015. The poor sentiment and the constant price-capping of the sector by official entities has destroyed investor sentiment toward the sector. But the good news is that there are some incredible ones to be found right now. One of the stocks I recommended in my Mining Stock Journal is up 35% since May 17th, when I recommended purchasing it.

Bill Powers of MiningStockEducation.com invited me on to his insightful podcast show to discuss, among other topics, the precious metals sector and some specific mining stock ideas:

I truly believe that investing in certain stocks right now is the equivalent of buying into the internet stocks that survived the Dot.Com bubble.