Just when gold and silver miners look the bleakest is when they are the
most attractive, according to metals analysts at JPMorgan.
24/7 Wall Street said that while 2014 may appear to
be shaping up as a rotten year for miners, JPMorgan believes there is
some overlooked value to be found among the waste.
“Central banks around the world are printing money at a furious pace,
debasing the value of their local currency,” 24/7 Wall Street reported.
“So whether it is a question of gold and silver as a hedge, an
industrial commodity or simply a straight contrarian stock trade, the
JPMorgan team thinks now is the time to look hard at the top names.”
All of the miner names recommended by JPMorgan trade on the New York Stock Exchange. (more)
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