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Gold Stocks Price to Book Value

By Jordan Roy-Byrne CMT, MFTA •Posted on January 13, 2014

The chart below is from six months ago. It shows that according to book value, the gold stocks are trading at 32-year lows and perhaps even 40 or 50 year lows.

gold-mining-PTBV

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I’m Jordan Roy-Byrne, CMT, MFTA the editor and publisher of TheDailyGold.com and TheDailyGold Premium, our premium publication which emphasizes market timing and stock selection for precious metals investors. I’m a Chartered Market Technician and Master of Financial Technical Analysis. My Masters Thesis, which earned me the MFTA designation was published in the International Federation of Technical Analysis Journal. Currently, no other technical analyst covering precious metals possesses the MFTA designation. Read more →

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