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Is It Time to Buy Silver Miners? The Gold:Silver Price Ratio Says YES!

The above chart is a 20-year snapshot that covers the Gold to Silver price ratio. It measures the number of silver ounces are needed to purchase a single ounce of gold.  This bellwether indicator has crossed into new territory and is currently fluctuating between 85 and 83, which is significantly higher than the normal range.

Below is a 1-year chart for the Global X Silver Miners ETF, which tracks the Solactive Global Silver Miners Total Return Index.

The Solactive Silver Miners Index tracks the prices of silver stocks, includes between 20 and 40 international companies that are active in the exploration, mining, and refinement of silver. The bottom line is that the price of silver stocks are at or near their 52-week lows, the Gold Silver Price Ratio is at a 20 year high, this would seem to be a strong indicator that silver and silver stocks are both undervalued.

As you can see above, this is the 1-year chart for the Prime Junior Silver ETF, which measures junior silver stocks. The index shows that junior silver stocks are trading well below their 52-week high and near the 52-week lows.

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  • Report

    Is It Time to Buy Silver Miners? The Gold:Silver Price Ratio Says YES!

    The above chart is a 20-year snapshot that covers the Gold to Silver price ratio. It measures the number of silver ounces are needed to purchase a single ounce of gold.  This bellwether indicator has crossed into new territory and is currently fluctuating between 85 and 83, which is significantly higher than the normal range. 

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    Why invest in Copper Stocks in 2019

    If you are looking for a hedge against inflation, it is common to be recommended gold or silver as an investment option. So why not invest in copper?

    Well, buying up large quantities of copper bullion is largely impractical. It is also not readily understood what an investment in copper represents. 

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    Goldgroup Mining Summary Report

    Summary

    Goldgroup Mining Inc. is a Canadian-based gold production, development and exploration company with a specific focus on projects within Mexico. Goldgroup trades on the Toronto Venture Exchange under the ticker symbol GGA and on the OTC under the symbol GGAZF. 

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    First Majestic Silver Corp. Report

    First Majestic Silver Corp has three mines in operation, a fourth scheduled to come online shortly, and several recently-acquired exploration properties. With a focus on silver projects in Mexico, First Majestic Silver has grown rapidly over the past few years. Read our report on First Majestic Silver:

    Summary

    First Majestic Silver Corp. 

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    Novadx Ventures Report

    Summary

    Novadx Ventures is a Canadian coal producer, with operations focused in the Central Appalachian region of the southern United States. Novadx trades on the Toronto Venture Exchange, under the ticker symbol NDX, has two coalmines in production: the Rosa Mine in Alabama and the Rex No.1 Mine in Tennessee. 

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Gold Streaming Stocks

There are many different methods for investing in gold, as we have outlined previously.

Gold streaming and royalty companies are a unique investment. They offer a distinct set of advantages and disadvantages in their exposure to gold.

Mining streaming and royalty companies offer a number of benefits to investors that differ significantly from more traditional mining co’s. 

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