Wednesday, December 16, 2009

Sprott Hedge Funds Outperform Their Peers

in large part because of their gold and gold-stock component.


On the other hand, a Canadian value investor, Alan Wicks, says that gold miners are too overpriced for his blood. "'We just find it difficult to invest in gold companies that trade at very high P/E and price/cash flow multiples, don't pay much of a dividend, and with profitability that is anemic at best.'"

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