Gold and Silver Miners and the U.S Markets. Message Board

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Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets.

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To: The1Stockman who wrote (1895)	6/25/2014 7:43:56 AM
From: bostma	of 1954

Actually, a mining company is primarily denominated in the resources it controls. There are some other factors like geo-political etc, which relate to the cost of extracting and selling those resources, but for the most part, if you own a share of a mining company, then you have sold currency (fiat) and bought that resource with it, so are now partly denominated in that resource: gold, silver, zinc, copper, etc.

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