Gold and Silver Mining Companies Set to Outperform; Commodity Report by Leading Financial Newsletter Profit Confidential

New York, New York (PressExposure) March 07, 2012 -- With the recent strength in the euro currency, the spot prices of gold and silver have strengthened and this will drive up shares of mining stocks, according to Mitchell Clark, contributor to financial newsletter Profit Confidential.

In his recent Profit Confidential article, Why Oil Prices, Gold and Silver Are Looking Good Again, Clark highlights that the price action in mining stocks has a very high correlation to underlying commodity prices, which have been moving up recently.

"I still believe in the commodity price cycle and that exposure to precious metals and other commodities should be a component of an investment portfolio this decade," says Clark.

Clark believes that the fundamentals are there to support higher prices for gold and silver. "We have inflation, strength in emerging markets, strength in the industrial economies and huge increases in the M2 money supply," says Clark, "And of course the debasement of the U.S. dollar."

If the U.S. economy were to show improvement over the coming quarters, Clark believes that gold, silver and oil would all soar. With that outlook, Clark thinks that gold and silver mining companies boast very good outlooks this year and next.

"Stocks, gold, silver and oil prices should move commensurately over the next few quarters, opposite to the U.S. dollar," says Clark.

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it "begged" its readers to get out of the housing market...before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit

Profit Confidential is Lombardi Publishing Corporation's free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi's current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit

Press Release Submitted On: March 07, 2012 at 6:25 am
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