kingworldnews.com / July 13, 2016
With continued uncertainty in global markets, investors are wondering what’s next for gold, silver and the mining shares.
“We must not lose sight of the fact that the U.S. economy and
markets are a hall of mirrors. Thus they are not as they appear on the
surface.” — Bill Fleckenstein
King World News: Today the HUI Gold Mining Index closed just
3.5 points away from a new 52 -week high and the HUI is also now
very close to hitting 39-month highs. The action in gold, silver and
particularly the mining stocks has been relentless on the upside.
Despite the recent rally, the mining shares remain extremely discounted
on a historic basis vs gold…
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