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All Posts Term: Cliffs Natural Resources Inc
1 post(s) found

Mining Stocks Are Currently Selling At Bargains

Cliffs Natural Resources Inc

We put much of our faith in the international monetary system, but we know the market can collapse at any time. In the 20th century, the system crashed three times in less than 60 years. James Richards, a well-respected expert in the financial world believes another financial collapse is on the way. He also believes in owning tangible assets because the value of money goes up and down. At the moment, gold is one of the most stable physical assets on the market. Even though this precious metal is solid, stock prices for gold mining companies are lower than usual. These undervalued share prices are exciting many investors, and they are taking advantage of this opportunity by purchasing gold mining stocks and ETF's. When a person invests in a mining company, as opposed to purchasing the actual metal, they are doing so to gain from the intrinsic value. An example of an undervalued stock with excellent growth potential is Cliffs Natural Resources Inc (NYSE:CLF).

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