Stocks in Mining Companies

Discussion in 'General Precious Metals Discussion' started by Earthjade, Aug 22, 2011.

  1. Earthjade

    Earthjade Member

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    Hello All,

    I hope you are having a nice day.

    About mining stocks...

    On the plus side if gold and silver continue rising, then it is possible to see great rises on PM mining stocks in the future.
    In the 1980s gold boom, some gold mining stocks went from $0.05 to $400.00, which is a massive increase by anyone's book.

    So, to place a little speculative cash into PM mining stocks seems tempting.
    However, if we are in a dead cat bounce and the only way is down from here on in, won't these PM mining stocks also go down in the massive dip that may come?
    So, are PM mining stocks worth a flutter (say, a $1000 a piece on a few Aussie mining companies) or do you think the cash is better served by getting physical?
     

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