HI friends,
As an investor, I like to invest in some gold miner stocks. In general, you can get the benefit of the price appreciation of gold by investing in gold miner stocks since they go up when gold does, however, it is not always correlated. The added benefit is that the miners are making profits, while holding gold has no yield.
With gold on the rise, one of my stocks, IAG is up 250% in two years:
Not bad, and has outpaced the actual price of gold.
Of course, one of my other holdings, EVDGF is down 99% in 5 years:
I guess that evens out to +150%, so maybe I have only barely outpaced the actual price of gold.
Thanks for coming by,
Brian
I don't know much about it. But I have also bought some gold this month. I have bought only 1 gram of gold. I can sell it if the price increases further.
I invested %15 of my portfolio in gold instruments for almost one year. I might increase the rate.
I like to have some miners, I hope some of the bad picks start to run when gold gets to the next level. My K92 miner has almost 10x times since I bought it years ago.
Some others have just drifted lower and sideways. IRA has some of the higher tier miners and has done ok but not as well as the gold price has.
Nice - 10x is awesome!
I’ve never invested in Gold before but I would not mind doing that anytime soon
Someone say gold mines?
https://peakd.com/silvergoldstackers/@summertooth/2-million-ounces-of-gold
So have to diversify
You are right because I have seen some coins keep going up while other coins go down and we just used to look at them.
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