Hunter Wise Commodities: Gold mining, gold bullion to achieve complementary performance in 2012

March 14, 2012 - PRLog -- LAS VEGAS – Although gold mining stocks didn’t perform as well as bullion in 2011, recent earnings may finally cause a shift in sentiment and share prices, making the two entities more complementary.

According to a news release from Wall Street Cheat Sheet, miner Yamana Gold finished 2011 with $550 million in cash and cash equivalents – a $220 million increase from 2010. Year-to-date, shares of the Canadian based miner have increased 21 percent.

In February, Goldcorp also reported positive fourth quarter results. Adjusted net earnings totaled $531 million, compared to $431 million a year earlier. The company earned a total of $1.8 billion in 2011 -- an increase of 80 percent from 2010. Coincidentally, after sliding almost 4 percent in 2011, Goldcorp stock shares have increased 10 percent year-to-date.
In addition to gold miners experiencing success, silver miners are also turning heads and making profitable leaps.

“The precious metal wholesale dealers at Hunter Wise Commodities are very interested in the mining and bullion relationship,” said Ed Martin, CEO of Hunter Wise Commodities, a leading physical commodity wholesale dealer in Las Vegas. “Thanks to global economic and political turmoil – as well as central banks taking a more active interest in precious metals -- gold and silver prices will continue to climb higher. As a result, miners should see record profits proving beneficial for gold and silver shareholders.”

Recently billionaire Warren Buffett made statements to the media downplaying gold’s role in the global financial system, but investors across the nation have disagreed with Buffett.

Hunter Wise Commodities, which specializes in precious metal investing and wholesale, is among the investors who disagree.

“We embrace gold and silver as safe-haven assets. We believe the price of gold and the price of silver will continue to rise – and therefore, gold and silver stocks should continue to do even better,” said Martin.

Hunter Wise Commodities specializes in the purchase and sale of not only gold and silver, but platinum, palladium and copper.

For more information about the precious metal wholesale dealer, visit Hunter Wise Commodities’ website at http://www.hwcom.com/about.php.

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About Hunter Wise Commodities

Hunter Wise Commodities, LLC is an affiliate of Hunter Wise Financial Group, LLC. The wholesale dealer specializes in the purchase and sale of precious metals such as gold, silver, platinum, palladium and copper. The company’s corporate headquarters are in Las Vegas, Nev., with additional offices in Irvine, Calif., and London, England. For more information about the company, visit http://www.hwcom.com/.