Today with Rick Ackerman we address some comments and question that have been brewing for the past couple days. The comments have been focused on if now is a good time to be buying gold and silver stocks considering their recent drops. To address the question we take a look at the following ETFs.
- VanEck Gold Miners – GDX
- VanEck Junior Gold Miners – GDXJ
- Proshares Ultra Silver – AGQ
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We also clear up some fundamental information on Cornerstone Capital Resources which we covered yesterday. We need to look to the news out of SolGold and understand that Cornerstone holds a 85% interest in its property in Ecuador. Click here for the news release regarding SolGold and BHP Billton.