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Mining Stocks - Latest News
Added: DELETE - Orea Mining Corp
(stock removed)
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
(stock removed)
Added: Xtra-Gold Resources Corp
Ramblings
Reasons to avoid gold & silver stocks:
1. Political Risk. Market regulations, taxation, royalties, nationalization, etc.
2. Stock Market Risk. Markets freeze up and stop trading.
3. Financial Market Risk. Loans and financing become difficult to obtain.
I agree with those points. I think we are facing a cataclysmic event (most likely to begin in the financial markets). I expect the markets to freeze up at some point and all hell to break loose. When that happens the ability for... more
Added: Southern Arc Minerals Inc
Added: Spanish Mountain Gold Ltd
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