Peter Cooper

Precious Metals Stocks to Consider as the Dollar Falls, Banks Fail

My favorite gold junior LNXGF on NYSE jumped 43% last week on the day gold jumped 10%. You don't need anybody to tell you gold juniors have been out of fashion and tanked over the summer. They are also not about to find gold. But these firms do own 'claims' and these gold claims rise exponentially in value by comparison to the gold price. LNXGF has claims next to existing huge gold mines, made a successful placing this summer to raise cash and is not going bust. These assets are worth x20 or x30 the current share price!