“While it’s true that junior miners routinely rise and fall like a roller coaster, the opportunity that today’s dirt-cheap prices present is far from normal.To put it in perspective, remember when Lehman Brothers, Merrill Lynch, and Bear Stearns all succumbed to the subprime crisis? When the financial system itself seemed to be crumbling, and panicked investors were selling everything they could catch a bid on? Well, junior mining companies are as cheap now as they were then. Even if you go all the way back to 2002 – before the gold bull really got running, and gold was going for just $315 an ounce – junior miners still weren’t as cheap as they are today.”
http://www.caseyresearch.com/cdd/crisis-and-opportunity-in-the-junior-miners
Related posts:
Detroit's Future in the Face of Bankruptcy
The U.S. Will Regret Intervention in Syria
Jeffrey Tucker: The Eff Word Goes Mainstream
Work Those Greeks! Advent of Modern Slavery?
European Plastic Straw Ban Won't Save the Oceans
Ron Paul: Expanding Covert Warfare Makes Us Less Safe
Nobel Selects EU ... World Snorts
What's in the Vault?
The Eric Holder Memorandum on Mandatory Minimum Sentences, Explained
Selective Outrage Will Not End Government Abuses
U.S. v. Microsoft: It’s the right to privacy, stupid
Justin Raimondo: The Lies Behind This War
The courage of Bradley Manning will inspire others to seize their moment of truth
FHA no longer will drop mortgage insurance premiums [2013]
Don’t Fall Victim to Hoarding