Don't Buy Gold. Buy A Gold Mine!
In todays market enviroment, there is a lot of different ways to invest ones money. You can buy into funds of all sorts, stocks and bonds, realestate or commodities. There are thousands of ways out there to invest. Not all will give you a return on your investment. With uncertainty in world markets like we have seen in 2012 there is probably more ways to loose money that make money.
As the editor of www.juniorminers.com, I have followed the junior mining market for almost 20 years. Over that time I have seen fortunes made and fortunes lost. Today with most junior mining or even mid cap mining stocks plundered to 52 week lows and heading lower it would seem like a good time to buy, but then we read almost everyday the fact that hedge funds and naked shorters are on the war path of almost every mining stock and have pummeled stocks prices to the basement making it impossible for many juniors to get financing. Many juniors will not be able to get the money needed and will either have to shut down or merge with other companies.
You can buy gold and silver bullion as a way to invest. After all gold has returned about 15% per year since 2001. This past year gold has returned only about 3% year over year. That may seem small but it is a lot more than some so called secure investments like a government savings bond or any government treasury bills. The problem with buying bullion these days is the premium that one must pay and also the availablity of the bullion itself. One does not have to look far to see that there is both a PHYSICAL gold and silver shortage. Wait times can range from a few weeks to months. Investing in precious metals is a great idea and I invest in both gold and silver myself and encourage others to buy as a safe haven or as some call it, insurance.
My motto for the past two years has been: "Don't Buy Gold, Buy A Gold Mine".
Today we are seeing a lot of investors and people who just want to cover their bases and are looking more into researching, exploring and outright buying of good mining properties. Whether they are staking those claims themselves or just looking at buying claims, we have seen a huge interest and demand for good mineable properties and it only make sense. For the price of few ounces of gold you can still own an entire claim that has the potential to produce back to you, hundreds of ounces of gold.
Although gold mining is a heavily risked game there is still money to be made by proving the ground out and then reselling or optioning the ground, or just mining it your self. A lot of present day successful independant miners got their start with a pan and a pick. A lot of them were mining gold this way when the price was a mere $400 or so. It takes a different type of person to take on the challenge of prospecting out a claim. It takes a lot of HARD work also but the rewards are there for those who dare.
I truly believe that we will see $3000 gold in the not too distant future. I have stood by my predictions of $3000 gold for about the last eight years. There are others who are predicting $5000 gold and higher. Think for a moment of what a good mining claim could be worth then?
View our classified section of premium mining properties at http://www.juniorminers.com/