Eventually – and I want to emphasize “eventually” – the precious metals sector will do what the tech sector/Nasdaq is doing right now. That is to say will undergo a blow-off top that will take gold, silver and mining stocks to all-time highs. The precious metals sector is far from this attribute of a blow-off top. Any MSM financial media commentator who proclaims that the sector is in a bubble is either tragically ignorant or regurgitating official propaganda – probably a combination of both in every instance.
Bill Powers of Mining Stock Education and I chatted about the precious metals sector and why it’s still extraordinarily undervalued. I also suggest a couple of stocks that I particularly like right now:
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