Don’t Miss the Epic Gold and Silver Explosion

Saturday, September 8, 2012
By Paul Martin

By Christopher Barker

If absence makes the heart grow fonder, then those intrepid gold and silver investors who stood valiantly through the sector’s latest corrective slump will harbor a very special fondness for the sudden upside explosion that’s occurring in precious-metal equities. From the world’s largest producers, to the multitude of impaired microcap explorers, such resounding strength has been absent from these stocks for quite a long while now.

Have a look at the following one-month chart, which shows the gold and silver miners breaking out in dramatic fashion as the SPDR Gold Trust (NYS: GLD) and the iShares Silver Trust (NYS: SLV) have advanced by 6% and 14%, respectively. Not surprisingly, the late-summer rally gathered additional steam this week after Federal Open Market Committee minutes exhibited greater support for a third round of quantitative easing than had been seen from prior sessions.

The Rest…HERE

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