Loading ...If any asset class has disappointed investors over the last three years, it has been gold. Many on Wall Street are just now starting to reexamine gold for investors’ portfolios. Years of quantitative easing by the Federal Reserve and other central banks have started to accomplish their goal of re-inflating economies. The problem is they may have reinflated too much, and inflationary pressures could already exist — ask any person who has shopped for meat and groceries these days.
The technical team at Oppenheimer sees big upside in gold miners going forward, and analysts are actually more bullish on the miners than the precious metal itself. In their new report, Oppenheimer analysts cite an exchange traded fund (ETF) and three top stocks to buy in the gold mining arena.
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