1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4624) 

Sprott's Rick Rule Says Gold Miners Are Too Cheap

July 03, 2013 | About:

If you are an investor who is contrarian by nature you are probably looking at gold mining companies as potential investments these days. There is no sector in the market so beaten down.

Also, if you are an investor who likes to follow "Gurus" like Jim Grant, Jim Rogers, Marc Faber and David Einhorn you are likely sniffing around gold and gold miners, as each of those gentlemen thinks gold is a good investment today.

Sprott's Rick Rule discussed the case for gold and gold miners today on CNBC.

Rule thinks that over time gold will go much higher but that in the near term there could be capitulation selling that sends gold down to $1,000.

He thinks gold miners today are too cheap. He singles out the gold streaming companies as being especially attractive over the long term.

About the author:

Canadian Value

Rating: 2.3/5 (4 votes)


Please leave your comment:

More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Canadian Value

User Generated Screeners

star1907Good company's
star1907Best dividends charlie
cspunarSpunar Div
patelmhMY VALUE
rael2222prova dcf
liuzishuoverwrite 'Dividend Initiation
liuzishuDividend Initiation
pbarker46Dividend Growth
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat