Inside the Trade: Sprott, Passport Play the Gold Game

After a June market rout, some fund managers are saying now is the time to buy mining stocks. But will they catch a falling gold knife?

Hedge funds that invest in various gold-related strategies had been hoping for a rebound in the lagging sector after enduring losses through May. But they got comeuppance instead when markets tanked in June. That has left some goldbugs shopping for bargains among mining stocks on the assumption that prices can’t get much lower and a rebound is inevitable.

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