05 Jan '13, 12am

Buying Opportunity for GOLD Optimists

It was another tough year for gold-stock investors. With stocks up 12% and gold up 5% last year, you might think gold stocks enjoyed a solid year in the plus column, too… But you’d be wrong. Gold stocks, as measured by the AMEX Gold Bugs Index (the HUI), were down 15% in 2012. That poor performance follows on the heels of a 10% loss in 2011. So after two years of dismal returns, investors are once again tossing out the bargain-priced gold miners and giving the rest of us another “once in a decade” buying opportunity… It’s not supposed to happen this way. Obviously “once in a decade” opportunities are only supposed to come along, well, once every 10 years or so. But we already had one …

Full article: http://thefinance.sg/2013/01/05/buying-opportunity-for-go...

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