Thursday, March 26, 2015

XME: Resource Sector Update

by Nick Hodge
Outsider Club

It’s no secret there’s some big contrarian profits to be made in the resource sector.
The metals and mining sector, as represented by the SPDR S&P Metals and Mining ETF (NYSE: XME), has lost ~63% of its value since this four-year bear market began:
[...] I know individual mining companies with world-class gold, silver, platinum and palladium assets that have lost upwards of 80% of their value.
The metals they own in the ground weigh the same they did five years ago.
Continue Reading at OutsiderClub.comPlease share this article

No comments:

Post a Comment