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Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets. -- Ignore unavailable to you. Want to Upgrade?

To: The1Stockman who wrote (1895)	6/25/2014 7:43:56 AM
From: bostma	Respond to 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.

To: The1Stockman who wrote (1895)	6/25/2014 10:01:16 AM
From: The1Stockman	Respond to of 1954

It depends on If you want to protect yourself against inflation or if you want to diversify your investment portfolio, during civil unrest or difficult times regardless of the reason, especially due to monetary adjustments, one must sell a stock or return the certificate before receiving fiat, (cash), physical is more liquid, stock to money transactions can take weeks. A combination of the two is the best protection to preserve and increase wealth, which is what I am doing.