Brad Zigler

Gold Stocks Not Driven by Larger Market

But it DOES matter. Perhaps not for you, but certainly for those yet to acquire an interest in gold. For them, the differential performance potential of gold stocks versus bullion is VERY important.


On May 05 10:04 PM Sakata wrote:

> In response to the first two comments:
>
> I bought a bucketful of about 50 pink sheet miners back at the end
> of October when they bottomed out. So far I have had 17 which doubled
> and three of those tripled. I had a few losses of course, but I am
> up 43% on the bucket load.
>
> But am I smug? Not even close! GDX is up even more (do hold a sizeable
> junk of that also) so I probably could have done better. I also have
> quite a bit of physical silver and gold and they are up more than
> the pink sheet stocks.
>
> So what is the point of this post? It really doesn't matter how you
> are positioned in the mining and metals sector. As long as you are
> in it then you made a whole lot more than anyone else over the last
> six months. And you are going to make a lot more in the coming years.
> So let's not get hung up on small, short-term changes. The wise people
> are in this for the long haul and don't worry about what happens
> over a relatively short six-month period.