Topic: Unlocked Gold thread. - page 2. (Read 3990 times)
Nice rally :-P
Stocks involving gold mining require more research since you have to look at each individual company and their management.
But either gold or gold mining stock is a good buy right now.
But either gold or gold mining stock is a good buy right now.
in this very interesting interview http://www.youtube.com/watch?v=hSyJjC_jBWQ Doug Casey talks about "junior" miners. I think he says 80% of them will never mine a gram of metal. However, he also says junior miners are a good investment.
Tomorrow at 9AM EST we find out if Great Basin Gold (GBG) is vastly oversold, or if it is indeed priced correctly. Could be interesting.
Stocks involving gold mining require more research since you have to look at each individual company and their management.
But either gold or gold mining stock is a good buy right now.
But either gold or gold mining stock is a good buy right now.
I disagree on nearly all points. Gold is not rallying, stocks are not floundering. I am long a small position in a miner, as well as physical gold, but I consider both to be a hold at best.
i totally agree. i put up some very illuminating charts illustrating this on my website.
shouldn't an ad like that be done like this:
"i totally agree. i put up some very illuminating charts illustrating this on my website."
(I hope the url is correct, also note, cypherdoc: the link(s) in the other thread seems to lead to a 404)
EDIT: put quotation marks on quote
Bitcoins and physical gold are both screaming long-term buys even at current price levels. I have acknowledged elsewhere that I'm usually early on my calls; it looks like I might have been a week or two early again with gold - pay attention to open interest in precious metals in relation to volume as the banks & gov't are now running the clock out to the very last second before pulling back from the brink.
Numerous mining stocks are undervalued in relation to their product, but as many dangers as opportunities exist with them. Beyond the risks among explorers and juniors, poor management might issue excessive shares, diluting ownership in the same way that base monetary inflation erodes wealth. Pay attention to share issuance over the past few years before initiating any position. The Got Gold Report has an excellent list of junior mining companies. Still, perform your due diligence before jumping in.
Alf Field's major speech, which he came out of retirement to give, has been posted at Jim Sinclair's site. There is plenty for everyone, from Elliott wave analysis to monetary theory.
A warning: the potential of a Dubai default caused panic during a major US holiday. The banks' backs are against the wall, so expect the unexpected in dirty tricks (e.g. MF Global client assets 'disappearing').
Traveling at the moment so reply time will be slow. Best to cypherdoc on the new venture.
Numerous mining stocks are undervalued in relation to their product, but as many dangers as opportunities exist with them. Beyond the risks among explorers and juniors, poor management might issue excessive shares, diluting ownership in the same way that base monetary inflation erodes wealth. Pay attention to share issuance over the past few years before initiating any position. The Got Gold Report has an excellent list of junior mining companies. Still, perform your due diligence before jumping in.
Alf Field's major speech, which he came out of retirement to give, has been posted at Jim Sinclair's site. There is plenty for everyone, from Elliott wave analysis to monetary theory.
A warning: the potential of a Dubai default caused panic during a major US holiday. The banks' backs are against the wall, so expect the unexpected in dirty tricks (e.g. MF Global client assets 'disappearing').
Traveling at the moment so reply time will be slow. Best to cypherdoc on the new venture.
I disagree on nearly all points. Gold is not rallying, stocks are not floundering. I am long a small position in a miner, as well as physical gold, but I consider both to be a hold at best.
i totally agree. i put up some very illuminating charts illustrating this on my website.
I disagree on nearly all points. Gold is not rallying, stocks are not floundering. I am long a small position in a miner, as well as physical gold, but I consider both to be a hold at best.
Since it appears cypherdoc will lock the other thread and I don't know when, I thought I'd create a new one.
First question for discussion. Many say gold miner stocks are very undervalued considering the bull market in gold with the miner stocks lagging behind. But with the costs of production increasing and (depending on your opinion this is) the negative outlook for the stock markets in general, is this a reasonable assessment? Should we be buying gold mining stocks instead of physical gold or should we limit our exposure to them?
Another question: Certain investors will recommend looking around for explorer stocks for the potential of massive rises over time. This comes with the risk that these explorers will not be able to start profitable mining operations. Is it a good idea to gamble with some of these more risky stocks?
First question for discussion. Many say gold miner stocks are very undervalued considering the bull market in gold with the miner stocks lagging behind. But with the costs of production increasing and (depending on your opinion this is) the negative outlook for the stock markets in general, is this a reasonable assessment? Should we be buying gold mining stocks instead of physical gold or should we limit our exposure to them?
Another question: Certain investors will recommend looking around for explorer stocks for the potential of massive rises over time. This comes with the risk that these explorers will not be able to start profitable mining operations. Is it a good idea to gamble with some of these more risky stocks?
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