Insider buying of gold stocks surges to multi-year highs

“Insiders are typically contrarian investors  buying shares when they perceive them to be undervalued. Right now, it appears many think the stocks are going for fire-sale prices. They are usually early, too. Historically, insider transactions often foreshadow market moves six- to 36-months in advance.  While that may be quite a wait, it’s interesting to see insiders display this level of confidence in a sector that the broader investment community has been fleeing.”

http://www.theglobeandmail.com/globe-investor/inside-the-market/insider-buying-of-gold-stocks-surges-to-multi-year-highs/article10312788/

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