Save This Listing
Stumble It
Reporter Account  Create New Account  Login!
Search :
QUICK LINKS : Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows  
For PR Writing Services
forpressrelease.com
shop now
forpressrelease.com
 
 
 
Press Release Details    
Add to Favorites  Mail to a Friend Print Page   Share This News Rate
Save This Listing     Stumble It          
70

Gold & Silver Stocks Currently Offer Attractive Fundamentals, Says Top Financial Newsletter Profit Confidential

Precious metal stocks haven’t performed well, even though many gold mining companies are reporting record production and earnings; but Mitchell Clark, contributor to Profit Confidential, believes that many gold and silver stocks are undervalued considering their growth prospects.

The reason, according to Clark, is that spot prices for gold and silver have pulled back in price. In Clark’s view, the pullback is part of a well-deserved correction/consolidation, which he outlines in the article, Gold and Silver Stocks Drifting, But Mining Stock Fundamentals Just Keep Getting Better.

“There really is only one big tool left in the Federal Reserve’s kit and that’s money supply growth,” says Clark. “If you believe that the major increases in global money supplies will be inflationary, then real assets like resources and real estate should be a focus.”

Clark believes that exposure to gold and silver is an absolute must for any balanced investment portfolio. He also believes that precious metal stocks remain one of the most attractive stock market sectors for equity speculators.

While Clark doesn’t think we’re at the bottom yet, if gold and silver spot prices continue to trend lower this year, he’s confident that the stock market will produce very attractive new entry points.

“I’m not overly enthusiastic about going long a major index, because I do feel that the stock market is in the process of topping out, this year or next,” says Clark.

“As a group, I think precious metal stocks will continue to drift lower over the coming months,” says Clark. “We’re not there yet, but a great new entry point will soon present itself.”

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market...before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.  
 
 

Contact Information

  • Name: Michael Lombardi

    Company: Profit Confidential

    Telphone: 905-856-2022 , -

    Address: 350 5th Avenue, 59th Floor New York, NY 10118

    Email: steevbroad@gmail.com