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The Gold Miners Are Cheap
When there's any meaningful move they tend to be correlated. So like a silver which is a cousin of gold, it's hard for silver to be down when gold is up. And that also spill over to stocks, where even though the fundamentals in many of these gold miners don't,. It doesn't matter whether there's a 30 dollars swing ing gold. But it does change when a lot of traders are turned to the miners as their way to alocate to a bullish outlook on gold and silver.