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Gold versus Gold Miners - Nick Barisheff - Bullion Management Services

Deceptive. You can't compare gold to a basket like 'miners,' because that's a metric with too many variables. Most are negative, so yeah, if you buy miners randomly, you'll get pissed on. Or if you tap the indexes - HUI, GDX. But, hey, I bought a little company called SLW (yeah, it's silver) in 2008 at $6.50
Sold at $42 a few years later.

I wish I had bought AG at $2.80 6 months back, cause now it's over $9. Gold went up what - 15%
I'll take carefully chosen Miners for 300% gain, Alex.

Commented 2910 days ago

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Beginning of the headline :For thousands of years, gold has been used as money, a store of wealth, fought over and sought after. Over the last 45 years, Western populations have had a mixed impression of gold. A minority of the population understands that gold is a monetary asset that should be held as wealth insurance. A larger percentage of the population is confused about gold because of mainstream sources of information. Many people consider gold a risky investment when in fact gold bullion is not an inves... Read More

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