3 Gold Miners That Stand to Sparkle from Growing Demand [View article]
auto44, this is true, however for someone who may have limited funds but would like have a chance of great returns, mining stocks are sometimes the way to go. GLD runs at about 1/10 of true gold price, so one could buy alot more of that etf then they could the metal, lowering their risk but not really raising their reward target very much. I guess that depends on the type of trader that you are, and I will not even try to tell someone what to trade.
On Jan 02 01:12 AM auto44 wrote:
> It seems to me that if gold is rising in price that it would be more > efficient to buy a gold etf such as gld. You don't have the worries > of the risks of trying run a profitable company. Isn't gold that > is out of the ground worth more than gold in the ground?
3 Gold Miners That Stand to Sparkle from Growing Demand [View article]
All I can say is WOW! First off I really believe that if you write and article, however you define "Article", you should not be pushing and stock, maybe a sector, but not a specific stock. It seems to me that when you push a stock or two or three, it is because you have stake in it and hope to drive up the price thru someone else’s excitement. Yes I do believe that the mining sector in gold and silver and several other minerals’ are ready to start a move back up after a sharp correction, but I will not call out any one stock over another. The likely hood that I or anyone that writes articles here would pick wisely for you is like throwing darts 20 feet at a wall of stocks on post it notes. I do agree with one post that this article is a bit late, but historically AUY tends to jump ahead of the game, I do not follow the other two listed. Perhaps they are an indication that these sectors are about to move as a whole. I for one stick to charts for most of my decision making processes for buying or selling a stock, and could list many miners that appear to have bottomed and are beginning to move again, but as I stated it is not my place to push anyone to buy anything.
Gold and Silver Prices Will Begin to Shine [View article]
I would say that the US Gov. will do that only when the right people are going to get their pockets lined by doing so.
On Dec 05 04:35 PM Econ 101 wrote:
> Ashmore, > You are right on the point. > > My question is when will (ie at what price?) will the US government > steal, er I mean "nationalize"... gold for the "good of the country"?
Gold and Silver Prices Will Begin to Shine [View article]
Just to put in my few cent's, anyone can write anything on the web, you should know up front that when you read something posted by someone other then yourself, "THAT IS YOUR WARNING!" Just read the post make up your own mind about what is said, and don't just start buying stocks because Joe Smow said so. Good luck to all.
3 Gold Miners That Stand to Sparkle from Growing Demand [View article]
On Jan 02 01:12 AM auto44 wrote:
> It seems to me that if gold is rising in price that it would be more
> efficient to buy a gold etf such as gld. You don't have the worries
> of the risks of trying run a profitable company. Isn't gold that
> is out of the ground worth more than gold in the ground?
3 Gold Miners That Stand to Sparkle from Growing Demand [View article]
First off I really believe that if you write and article, however you define "Article", you should not be pushing and stock, maybe a sector, but not a specific stock. It seems to me that when you push a stock or two or three, it is because you have stake in it and hope to drive up the price thru someone else’s excitement. Yes I do believe that the mining sector in gold and silver and several other minerals’ are ready to start a move back up after a sharp correction, but I will not call out any one stock over another. The likely hood that I or anyone that writes articles here would pick wisely for you is like throwing darts 20 feet at a wall of stocks on post it notes. I do agree with one post that this article is a bit late, but historically AUY tends to jump ahead of the game, I do not follow the other two listed. Perhaps they are an indication that these sectors are about to move as a whole. I for one stick to charts for most of my decision making processes for buying or selling a stock, and could list many miners that appear to have bottomed and are beginning to move again, but as I stated it is not my place to push anyone to buy anything.
Gold and Silver Prices Will Begin to Shine [View article]
On Dec 05 04:35 PM Econ 101 wrote:
> Ashmore,
> You are right on the point.
>
> My question is when will (ie at what price?) will the US government
> steal, er I mean "nationalize"... gold for the "good of the country"?
Gold and Silver Prices Will Begin to Shine [View article]