Silver as an investment

Gold Miners & Explorers Wake Up

uncommonwisdomdaily.com / By Sean Brodrick on October 31, 2012

Gold miners are starting to outperform again. As Bloomberg News says: “Barrick Gold Corp (ABX: 40.50 +1.32 +3.37%) and other bullion producers are climbing from 28-year lows relative to the metal as they tame costs, raise cash flow and beat profit estimates.”

It’s noticeable in the large-cap miners – I’m getting buy signals all over the place.  And It’s also noticeable in the junior miners and silver miner. Even the explorers are looking better, and they’ve been pounded into the dirt. Take a look at a chart of the Global X Explorers ETF (GLDX: 8.74 +0.1605 +1.87%) divided by the price of gold …

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