Gold Miners On The Hunt

- January 22nd, 2010

  There are two sides to the gold story. 1) Gold moved up because of fear. Fear of another financial disaster and concern that the US dollar was vulnerable. 2) Gold rose on massive stimulus and quantitative easing, which is set to bring on serious monetary inflation that will eventually result in price inflation. Which … Continued

 

There are two sides to the gold story. 1) Gold moved up because of fear. Fear of another financial disaster and concern that the US dollar was vulnerable. 2) Gold rose on massive stimulus and quantitative easing, which is set to bring on serious monetary inflation that will eventually result in price inflation. Which side are you on? Or are you a fence sitter?

Gold miners are adding to their reserves. And fast. Given the strong metal prices, precious metal miners are using their cash flow from existing operations to pay for new acquisitions.

For complete article, click onto Gold Investing News.

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