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Next Buying Opportunity Nearing in Mining Stocks Looks Better Than Gold and Silver

Investing.com·
Next Buying Opportunity Nearing in Mining Stocks Looks Better Than Gold and Silver

Analyst Avi Gilburt predicts that gold, silver, and mining stocks are approaching a major correction low in the near term, which should set up a significant rally into year-end. While mining stocks like those in GDX are expected to reach new all-time highs (targeting 130-150 range), gold and silver may only see corrective rallies without achieving new highs. The analyst recommends layering into mining stock positions as prices approach lower lows.

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