1 oz gold or stock from a very prommising gold miner

[silverdollarnuts]

i cant decide what to do, buy 4 oz of gold or get 6500 shares from a junior mining stock....any suggestions..:|

 

[gcsun]

Right now, I'd personally go the stock.

 

[JollyKillBill]

I have been wanting to buy stock for a while now but just don't get it , so I have been buying gold.

 

[doomsday surprise]

It looks like we could be heading back into a turbulent time for the Eurozone. That could drive Gold higher as a safe haven, but if that sort of environment persists it could also put pressure on funding for junior mining stocks and they may also be dragged down with the rest of the stock market (even as Gold rises). Just me, I would go with the physical or a more advanced company who is already producing and not at risk of heavy dilution (don't need to go to the market to raise funds in the near future).

This +1

 

[Guest]

Personally is go the physical gold but keep 2 grand or so to plow into this stock when the market crashes.

 

[grinners]

Why are they mutually exclusive? Can't you get 2 oz gold and 3250 shares?

It all depends on what you already hold IMO.

If you have no gold, then gold