RBSTOCKS

3 Gold Miners That Stand to Sparkle from Growing Demand

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

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.