Why Physical Gold Is Superior to Mining Stocks for Long-Term Investors [View article]
I could not agree less. The place to make big money is in stocks but of course you have to be a good stockpicker. I quadrupled my money in a junior zinc lead miner in 18 months and then doubled my money in 4 months in a nickel miner (Lion Ore). I got out of the market in September 2007 because I thought it lacked any credibility and then I sat back and watched a lot of good opportunities pass me by and spent my time reading doom and gloom articles. Thankfully I am now well and truly back in the saddle. I wanted to find a good gold stock and looked all around the world. The best value is invariably found in junior miners. I settled on Kingsgate Consolidated, an Australian company with a mine in Thailand which is a cheap producer and has great exploration upside. I now have a large investment in it so you shouldn't accept what I say but I would recommend that you visit the site and look at their latest reports. Forget physical gold, pick the right stock and you'll be laughing all the way to the bank.
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I could not agree less. The place to make big money is in stocks but of course you have to be a good stockpicker. I quadrupled my money in a junior zinc lead miner in 18 months and then doubled my money in 4 months in a nickel miner (Lion Ore). I got out of the market in September 2007 because I thought it lacked any credibility and then I sat back and watched a lot of good opportunities pass me by and spent my time reading doom and gloom articles.
Apr 23 23:32 pm
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All Comments by venividivici »Why Physical Gold Is Superior to Mining Stocks for Long-Term Investors [View article]
Thankfully I am now well and truly back in the saddle. I wanted to find a good gold stock and looked all around the world. The best value is invariably found in junior miners. I settled on Kingsgate Consolidated, an Australian company with a mine in Thailand which is a cheap producer and has great exploration upside. I now have a large investment in it so you shouldn't accept what I say but I would recommend that you visit the site and look at their latest reports. Forget physical gold, pick the right stock and you'll be laughing all the way to the bank.