Kinross Gold Corp (NYSE:KGC)
CAPS Rating:
The Company is engaged in the mining and processing of gold and, as a by-product, silver ore and the exploration for, and the acquisition of, gold bearing properties in the Americas, Russia and worldwide.
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Recs
KGC is undervalued relative to Miners, Miners are undervalued relative to Gold, Gold is undervalued relative to the S&P and the S&P is over inflated by means of the Fed pump. The miners will anticipate the rise in Gold, Gold will anticipate the fall in equities and risk off - safety ON!