The most interesting aspect of gold stocks is that they have languished while the physical metal has traded in a range near all time highs. The leverage in miners when the public rushes in will be awesome.
My top pick for Tier 1 assets in Tier 1 jurisdictions with (relatively) low AISC(CA/US) is AEM. Top pick for a high growth junior is KNT(CA) in PNZ. Top pick for a potentially high growth developer is IAUX(US). For segregated physical gold, I like PHYS(US) held direct custody in the Canadian Mint. I own quite a bit of all 4, especially AEM.
Thanks for the reminder O B. I haven't looked at gold miners for quite a long time, but it’s something I’ve been meaning to get round to.
I’ve owned shares in most of those companies at some point, but was spooked out of many of them by Geopolitical risk.
If I buy gold miners again I’ll probably spread the risk with a mixture of funds such as Van Eck Vectors, Van Eck Vectors Junior, SPDR gold fund, BRGG, GPM.
The most interesting aspect of gold stocks is that they have languished while the physical metal has traded in a range near all time highs. The leverage in miners when the public rushes in will be awesome.
My top pick for Tier 1 assets in Tier 1 jurisdictions with (relatively) low AISC(CA/US) is AEM. Top pick for a high growth junior is KNT(CA) in PNZ. Top pick for a potentially high growth developer is IAUX(US). For segregated physical gold, I like PHYS(US) held direct custody in the Canadian Mint. I own quite a bit of all 4, especially AEM.
Did you consider RSG for this article at all?
Once again another great analysis from the incomparable Greenfinger. I hear the main points made but Fort Knox is surely in PAF 😁
Thanks for the reminder O B. I haven't looked at gold miners for quite a long time, but it’s something I’ve been meaning to get round to.
I’ve owned shares in most of those companies at some point, but was spooked out of many of them by Geopolitical risk.
If I buy gold miners again I’ll probably spread the risk with a mixture of funds such as Van Eck Vectors, Van Eck Vectors Junior, SPDR gold fund, BRGG, GPM.