Peter Schiff: Precious metals mining stocks will decouple from metal price fluctuations
PANews reported on January 3 that economist Peter Schiff tweeted that the prices of precious metals mining stocks will eventually decouple from the daily price fluctuations of precious metals themselves, as these fluctuations are unrelated to long-term profitability. As long as the upward trend continues, these stocks will trade well below the present value of their future earnings.