Monday, November 23, 2015

5 Gold and Silver Stocks Starting to Shine: SLW, AG, GG, ABX, KGC

Precious metals and related mining stocks have been under a historic, soul-crushing selloff in recent weeks, as investors worry if the Federal Reserve — on rising odds of interest rate liftoff in December — is heading into a policy mistake with inflation still below target.

Inflation just isn’t a clear and present threat: Producer price inflation is cratering, dropping at a 1.6 percent annual rate as of October on a persistent drop in food prices.

On Monday, wholesale gasoline futures tested down to $1.20 a gallon — a level not seen since early 2009. Copper and crude oil are similarly weak. Other measures from China factory gate prices to U.S import prices all tell the same story.  (more)

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