Satori Group – Miners Maintain Their Attractiveness …
The resurgence in precious metals prices have apparently prompted "Satori Group" to
, once again, restate their continued faith in the junior mining sector as a leveraged play on the underlying commodities.
"Satori Group" believes that, following uncertainty over the US Federal Reserve's plans for another fresh round of quantitative easing, gold and silver have returned levels above $1200 and $18 per ounce respectively. A source close to the firm said that several junior miners have found favor with the firm's analysts.
"Shares in these miners have held up quite well in recent weeks despite the general decline in metals prices and now offer fantastic opportunities for superb returns", the source suggested.
"Gold and silver have been used as currency for thousands of years and are still recognized as hedges against inflation which is likely to be the end result of all this profligate money-printing into 2011", said David White Head of Institutional trading.
"Satori Group" is apparently convinced that inflationary pressures in developed economies will continue to increase as global central banks struggle to maintain growth while keeping a lid on rising prices.
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Satori Group Miners Maintain Their Attractiveness
By: Peter Hall
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