SVM - Precious metals miners rally as gold pushes well past $2000/oz

Shares of precious metals miners are on the move as gold futures climb to a 19-month high above $2,000/oz, with April Comex gold (XAUUSD:CUR) +3.6% to $2,068/oz. "We are going to face a period of extremely high inflation where central banks will be struggling to put up a defense because of other constraints," which will continue to attract investors into the gold market, Saxo bank analyst Ole Hansen says. Also, May silver (XAGUSD:CUR) +6.3% at $27.34/oz, April platinum +6% at $1,184.40/oz and June palladium (XPDUSD:CUR) +3.7% at $3,009.50/oz. Top gold mining gainers include GORO +10.7%, MUX +9.3%, AEM +8%, NGD +7.1%, HL +6.3%, KGC +5.9%, AUY +5.3%, AGI +5.1%, GFI +5%. Also: GPL +27%, EXK +12.9%, FSM +10.3%, AG +10.2%, SVM +9.8%, CDE +7.8%, PAAS +7%. ETFs: GLD, GDX, IAU, NUGT, PHYS, SLV, SIL, SIVR, PSLV, PPLT, PALL Despite the rally in gold, FXPro analyst Alex Kuptsikevich is skeptical about

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Precious metals miners rally as gold pushes well past $2,000/oz