Is there a double left in the price of gold or silver?

Is there a double left in the price of gold or silver?

The answer is a matter of simple arithmetic believes
one USA producer. David Garafalo, president and
CEO of Hudbay Minerals, who recently relisted his
minerals mining company on the New York exchange,
(HBM) figures it this way. He equates conditions
today to those at the beginning of the 70s decade.
At the end of that decade gold reached an all-time
high of $850 an ounce.

On an inflation-adjusted basis that would put the
value of gold today north of $2400 per ounce. So
according to David Garafalo the price of gold still
has a great deal of catching up to do.

For those looking to capitalize on the gold rush
but don't want to own the metal itself, owning a
mining stock is a great way to participate. My
favorite pick is Hecla Mining (stock ticker HL).
If you're still getting back to even, get on board
the fast boat here.

If you Google Hecla Mining they have a great video
link which captures the fervor Associated with the
precious metals mining group today.

Warmest regards, Bob Parmelee