Gold, Silver, Uranium and Rare Earth Miners Should Soar in 2012
Those of us who are buyers and believers in the long term continuing secular rise in resource equities are going through a time of testing. The marketplace will present participants with years such as 2011.
We reiterate our guiding principles at precisely these times that tests our basic mission statement. First and foremost is the avoidance of margin. Mining stocks are characteristically volatile and subject to turbulent corrections.
Being able to buy and hold in such maelstroms rewards the brave with eventually impressive profits. The commodity arena has never promised us a rose garden. In order to reap the rewards of speculation one must know the territory through which one is passing. This year we have crossed a lonesome valley of mining investments.
The challenges are immense. The rewards are even greater or else why do we endure the slings and arrows of outrageous fortunes if not to enjoy substantial profits.
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