Gold Mining

Discussion in 'Money & Investing' started by MenInTights, Sep 19, 2005.

  1. MenInTights

    MenInTights not a plastic bag

    Gold is a good investment now. Specifically, gold mining stocks. You can get a lot more leverage from mining stocks than from gold itself. Gold will always be in favor during times or rising inflation and we are poised for an inflation cycle with the massive spending that will be going on during the hurricane rebuild. A few gold stocks I like are RGJD, GG, GOLD, USGL, AU, PDG, NEW, GSS and NAK

  2. MenInTights

    MenInTights not a plastic bag

    Since Sept9, 2005:
    rgld:up 33%
    gg:up 19%
    gold:up 43%
    usgl:up 49%
    au:up 29%
    pdg:up 36%
    new:down 4%(with $3.25 dividend)
    gss:down 7%
    nak:up 38%

    NAK is my favorite foe the long run.

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