Gold Breaks Out… But No One Cares

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The gold price has just broken out to new all-time record highs. Not a single person who has ever purchased gold in the history of human civilization has ever lost money on their purchase (if they held through today).

One would think that investors would therefore feel positive about the gold price today.

Yet when we check sentiment indicators – no one seems to care.

This backdrop of record high prices amidst indifferent sentiment is the most bullish setup that current investors could possibly ask for.

Higher prices lie ahead – this is our conclusion. Hang on to find out why.

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Gold Miners Are Historically Undervalued

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Gold mining companies are historically undervalued compared to gold itself. While there are never any guarantees in the investment world, should gold indeed break out to new all-time highs in 2024, the potential exists for a tremendous revaluation higher for the gold mining companies, with gains vastly above and beyond those for gold itself. In this article, we will highlight the nature of the mining sector undervaluation, examine some of its causes, and look for upside potential should in fact the upward thesis play out.

Click here to read the full article for FREE on our partner site, Gold Eagle…