It doesn't matter too much what's happening to silver right now. I know it's down, but I still believe in the silver story a lot more than the worthless paper fiat worldwide currency's.
stay smart: most gold & silver mining stock will go down & stay down even when gold & silver go up. Take delivery, get physical gold & silver. For paper GLD options for metals makes faster safer money than penny-stock miners or mid-caps. That's just how the math works.
what I mean is junior miners are a lottery game. You often can't short them & many have no options chains & many get one spike ever then are done. Many mid-cap miners are represented in GDXJ etf & that evens out some of the volatility. There's options for GDXJ which is handy. Writing puts into a rising price means you can save money by the time you're exercised & get your 100-lot of shares (per Put). Then write calls on down-swings on each 100-lot to get more cash. Reducing cash cost is good
if I had all the gold & silver bullion I felt I needed, if I had all the gdxj & felt I could tolerate, if I had all the agq (nyse) and hzu (tsx) I could stomach & still had money left over for junior miners, I'd get some, knowing for every $1000 I put out just $1 will go to a money-maker later, and maybe win big. Real big. 10-baggers & more. But that's a lot of risk vs reward.
really? So you get a special deal with your investment to get part of the gold, silver or other materials of value out of the mine? Or do you get signed on as a creditor to fiat dollars IF they find enough fiat dollars to put into the share-value or send you as a dividend? Or does your BROKER get those & you get a marker in an account saying you have associated claim to shares? Are you sure you're sure?
As it happens the maker of the .99999 (5 nines fine) silver round, Royal Silver Group, has (or had) a bond whereby you'd get 1 ounce silver round per 2 weeks for 2 years as a dividend for buying their $5,000 bond. And of course at end of term you get back the 5000 fiat dollars. Now that's rare but is the precise thing you mentioned. Stellaconcepts (John Christian) bought into this & showed he didn't lose in this play at that time (see ozstellaconcepts for videos, he moved them all)
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Sell your gold and buy more silver
It doesn't matter too much what's happening to silver right now. I know it's down, but I still believe in the silver story a lot more than the worthless paper fiat worldwide currency's.
stay smart: most gold & silver mining stock will go down & stay down even when gold & silver go up. Take delivery, get physical gold & silver. For paper GLD options for metals makes faster safer money than penny-stock miners or mid-caps. That's just how the math works.
Investing in miners isn't investing in paper.its investing in a company!
Thanks
what I mean is junior miners are a lottery game. You often can't short them & many have no options chains & many get one spike ever then are done. Many mid-cap miners are represented in GDXJ etf & that evens out some of the volatility. There's options for GDXJ which is handy. Writing puts into a rising price means you can save money by the time you're exercised & get your 100-lot of shares (per Put). Then write calls on down-swings on each 100-lot to get more cash. Reducing cash cost is good
if I had all the gold & silver bullion I felt I needed, if I had all the gdxj & felt I could tolerate, if I had all the agq (nyse) and hzu (tsx) I could stomach & still had money left over for junior miners, I'd get some, knowing for every $1000 I put out just $1 will go to a money-maker later, and maybe win big. Real big. 10-baggers & more. But that's a lot of risk vs reward.
really? So you get a special deal with your investment to get part of the gold, silver or other materials of value out of the mine? Or do you get signed on as a creditor to fiat dollars IF they find enough fiat dollars to put into the share-value or send you as a dividend? Or does your BROKER get those & you get a marker in an account saying you have associated claim to shares? Are you sure you're sure?
As it happens the maker of the .99999 (5 nines fine) silver round, Royal Silver Group, has (or had) a bond whereby you'd get 1 ounce silver round per 2 weeks for 2 years as a dividend for buying their $5,000 bond. And of course at end of term you get back the 5000 fiat dollars. Now that's rare but is the precise thing you mentioned. Stellaconcepts (John Christian) bought into this & showed he didn't lose in this play at that time (see ozstellaconcepts for videos, he moved them all)
There are some stock tips from StockVex.com which has a guide for silver and metals.