Gold and Silver mining stocks.
A couple of years ago I invested a small amount in some silver and gold mining companies. Through the years they made a rough ride with small peaks and large downs.
My revenues on these stocks is close to zero, but by having these stocks you basically have some kind of thermometer in the gold and silver markets.
You often see strange performances and this market is extremely volatile. So for people who don’t have a strong stomach, I suggest them to keep out of this market.
Today however I accumulated some of my investments in these mining companies.
Looking at the prices of silver and gold, compared to the mining costs for these precious metals, I still feel there is a great opportunity.
So I added some stocks in Nova Gold, Southern Silver and a couple more. Not that I expect great revenues on the short term, but for the longer term there is a potential for good earnings.
For people interested in this market, I suggest to look at the HUI Gold Bugs Index. For the last two months, the market is up, but please be aware. And if you invest, only take trustworthy companies who are properly financed. Check their websites and do some research before you take action!
Enjoy!
amazing
Gold and silver mining stocks depend on your timing. I myself did heavy buying from 2013-2017. timed pretty well.
I can't speak directly to your picks, but as general rules; pick low debt, sound projects at +18% IRR, and proven management.
I don't invest in anything outside of the americas, with the exception of sandstorm gold that has a turkey interest.
In south america only projects in argentina and chile. Anywhere north america is fine, except for alaska and california.
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