Mining Stocks vs Physical Gold and Silver - Mike Maloney

Silver mining costs are below those of Gold , Silver is incredibly under valued says Mike Maloney, author of Rich Dad's Guide to Investing in Gold and Silver, predicted $15,000 gold but think silver offers more upside over the long term.“The world is going to rush into gold, but just like at the end of ’79, once it gets too expensive for the common man, which I believe is somewhere between $2,500 and $5,000 an ounce this time, the public changes their preference and they start noticing that silver is still cheap, and they start buying silver. That’s when silver blows the doors off of gold on a percentage basis just like in ’79.”
In 1980, it took 1000oz of silver to buy a single family median price home, that day will come again but it’s probably going to be less than 500oz. This opportunity isn’t going to last for long…there are these brief moments that go by, as far as historic time, they go by in the blink of an eye…where the safest place to be, the place where people run to, to protect their financial well being during economic crisis, gold and silver, they have been the safe haven for your finances for 5000 years.


Mike Maloney explains the difference between investing in physical gold and silver and investing in gold mining stocks , which ones may give better returns , be careful with numismatics and small junior miners

Are The Mining Stocks Safe Paper Assets ?

There are practically two schools of thought right now in one camp you have guys like Pastor Lindsey Williams who practically say get out of paper assets you cannot trust you need to get into physical assets like bullion gold and silver , the mining shares also being paper assets cannot be trusted as they may turn to be worth the paper they were written on , the second school of thought with reknown investors like John Embry and Eric Sprott who are saying you should take advantage of the silver and gold price rally by taking advantage of the leverage only available only to mining companies and mining shares ...

Gold Miners Jump About 2% as Bullion Price Again Near $1,400/oz.

Shares of gold mining stocks are higher this morning, following bullion prices to the upside as dollar weakness and year-end buying brought the yellow metal back above $1,400 an ounce for the first time in nearly two weeks.

Goldcorp (GG,G.TO) is leading the advance, adding more 2.3% heading into today's open. Other gainers include:

Yamana Gold up +2%

Agnico-Eagle Mines up 1.8%

Barrick Gold up 2.2%

Kinross Gold up 1.8%

Eldorado Gold up 2.1%

Peter Grandich Physical Gold market vs Paper Market

In case of a Middle east conflict , Gold prices will soar says Peter Grandich| How to Buy Gold Mining Stocks

NEW YORK (TheStreet) -- Peter Grandich chief commentator on Agoracom.com reveals what he looks for in mining stocks and reveals his top three favorite stocks to buy now.