Thomas J. Gordon

Barrick Gold: A Hedge Against the Dollar and Inflation

I dont' know why but gold mining stocks haven't done nearly as well as gold. gold mining stocks went down with everthing else in the big financial panic of q42008. gold mining stocks make a lot of sense to me. You get a productive companny making a product that is in demand and that seems better than just holding gold in a vault. but hard facts are gold mining stocks dropped 30-40% since sep 2008 whereas gold held around $900/oz. I think James Grant thinks gold stocks not keeping up with gold is irrational too and that someday we will be rewarded.