VIEWS: 7 PAGES: 1 CATEGORY: Corporate Finance POSTED ON: 4/19/2012
If you want to earn huge gains, you have to buy things when they are really cheap. This takes courage and, over the last 40 years, Doug Casey has proven himself to be an extremely courageous and successful investor and speculator time and time again.
Gold Mining Stocks If you want to earn huge gains, you have to buy things when they are really cheap. This takes courage and, over the last 40 years, Doug Casey has proven himself to be an extremely courageous and successful investor and speculator time and time again. When it comes to picking top gold mining stocks, Casey is the best and the team he’s put together is genius – they scour the earth to find their subscribers the best gold mining stocks. Doug wrote a book in the late ‘70’s called, Crisis Investing. He was only about 30 years old and the book is really the work of genius. If you read it, you will understand why some call him a guru - he has a sixth sense for how to make multiples on his money. Doubles, triples, even 10 and 20 baggers, 100 baggers (100 times his original investment), in profit! In the ‘70’s, during the last gold bull market, Casey was busy getting rich by choosing the top gold mining stocks. Doug's record is truly amazing and Crisis Investing is really worth a read. You can read his speculator biography by signing up to Casey's free, weekly letter, Conversations with Casey. I would be very bullish on them, even if we were only talking about the solid fundamentals, the long base building process, the low market caps, and the low level of interest in them. But what's going to supercharge them is the tidal wave of currency units now saturating the financial landscape and the psychological reaction of millions of investors to the continuing deluge. Many more bubbles are inevitably, and predictably, going to be created. And junior resource stocks are not only the most likely bubble-to-come but also very likely the biggest." The majors will also do extremely well, but the juniors offer the maximum leverage. When Mrs. Buggins in east Nowhere, Iowa, decides she has to get in she will probably tell her broker to buy $10,000 of Barrick and another $10,000 of some highly promoted penny stock. Her purchase will have no effect on Barrick, but it alone could noticeably move the penny stock. Multiply that by billions of dollars and hundreds of thousands of buyers. http://www.whatisgold.net If you don’t have time for gold mining stocks from the market then you can purchase gold online.
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