Gold Miners Selling At A 50% Discount Says This Analyst

Gold Miners Selling At A 50% Discount Says This Analyst

Gold stocks are currently trading at a massive discount to fair value in the market, said Garret Goggin, associate editor of the Gold Stock Analyst.

“The miners are much healthier than they have been. They’ve got stronger cash margins, they’re trading at a larger discount than they ever have been, all the way back to 1995,” Goggin told Kitco News on the sidelines of the Gold Stock Analyst Investor Day conference in Florida. “The fair value is 100% higher.”

On silver stocks, Goggin said that like gold miners, they are currently very attractively priced.

“They do have news coming up and they’re fundamentally undervalued versus my analysis of them and they have economic drivers that should be influencing their price regardless of where the price of gold and silver moves in the future,” he said.
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit

Follow us on social media:
Facebook –
Twitter –
StockTwits –

Live gold price and charts:
Live silver price and charts:

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week:

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors:

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Gold Miners Selling At A 50% Discount Says This Analyst