6/27/2013 0 Comments
Gold drops below $1,200
Interesting moves in the gold space, the commodity drops below $1,200 and that sparks a rally in the Gold producers (at least for now). This provides good opportunities to get into the safer gold mining plays (good cash flows, dividends, and stable mining regions) for the longer term. In a recent article I discussed the potential opportunities for gold in the future. The mining companies have the benefit of offering a yield better than the 10yr treasury in many cases while you wait.
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