I listened to Andy Hoffman this morning with Greg Hunter. He was saying that there will be a supply problem going into the future as the pm are the secondary product of what is actually mined. This is due to a global slow down and the main product being oversupplied and no demand. What will happen to mining shares as this comes into effect? I think to hold pm's would be a wiser investment. What do you think? Great read by the way.
You are viewing a single comment's thread from:
I like doing both, the metals give you that unparalled stability, but in a metal bull market, the stocks can give you 10 times the gains at times. It really depends on your situation and your goals. I guess I like to have some risk capital out there deployed in what I think are markets ready to appreciate in large moves. I think the better mining stocks offer that in spades currently.
Thankyou. My brother commented on how well mining stocks were doing yesterday. I need to look into it and be comfortable with the whole thing before I get involved in mining stocks.
They are not for the faint of heart, the move up and down in large scary/exciting moves, but have been in a severe correction for a few years , so that coupled with fundamentals and other market factors, make them a good bet, nothing is a sure bet.
I think I'll watch and learn then take the plunge. Thankyou.
One more thing, a couple of the stocks in the article I found I am not that fond of after research like INternational Tower Hill, the ones I own I of course like.