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Mining Stocks - Latest News
Added: Meadow Bay Gold Corp
Ramblings
I find it amazing that people can be anti-gold after watching it rise 20% year after year for a decade. It comes down to understanding economics and most people don't. Gold is a misunderstood unit of value. This is odd, considering the rarity of the metal. They only mine 2500 tons per year. That is hardly anything. Once demand appears (the recent SF Gold show was empty), there won't be any physical to be had.
From a simple analysis, everyone should want to own at least 10% of their net... more
Added: Bear Creek Mining Corp
Added: DELETE - Orea Mining Corp
Added: Heliostar Metals Ltd
Ramblings
I think we are getting close to a run on gold, and here's why. First of all, all of the gold that has ever been mined will fit into two olympic sized swimming pools. The first pool (1/2 of all gold) is jewelry. The second pool is 1/2 owned by all governments, ETFs, and the billionaires & multi-millionaries in the world. Most of this gold is not for sale as physical gold. Another 10% was used for Industrial and not available. The leaves about 1/8 of all of the physical gold for the rest of us.... more
Added: Perpetua Resources Corp
Added: Resource Capital Gold Corp
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