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Strategies & Market Trends : Value Investing
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To: Dan Meleney who wrote (43377)7/21/2011 3:52:17 AM
From: geoffrey Wren  Read Replies (1) of 78663
 
my 2 cents on gold and silver.

I recently looked up silver mining stocks. Some in Canada, some here, most elsewhere. None paying a dividend. If they are not paying a dividend at present prices, when would they?

In looking at "proven reserves", these usually expand as the mine is processed, because as they dig they find other veins. Mines last longer than their indicated lives.

It seems that the gold and silver stocks are priced on the assumption that future prices are dropping. Most feasibility studies assume a much lower price for gold and silver.

If one just thinks the price is going up, the ETF's are a good way to play it: GLD and SLV.

I am watching a few stocks, including TC and MSQ.v. Have not pulled the trigger yet on any of these.
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