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<p>[QUOTE="Cloudsweeper99, post: 1273905, member: 3011"]With $5K available to "mess around with," I'd take a different approach. We are in a completely different position now than when gold was, say, $400 and silver was $10. I would instead buy something like GDXJ or individual gold exploration stocks if you have the skill to identify them. If metal prices flatten out or drop, many of the juniors will do well anyway because prices are far above the cost of production. And if metal prices continue to rise, the stocks have the potential to rise much more. From here, PM stocks look poised to outperform the underlying bullion no matter which way it goes because the stock prices never really ran up with the bullion prices to begin with. No guarantees, of course, since we are just messing around. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1273905, member: 3011"]With $5K available to "mess around with," I'd take a different approach. We are in a completely different position now than when gold was, say, $400 and silver was $10. I would instead buy something like GDXJ or individual gold exploration stocks if you have the skill to identify them. If metal prices flatten out or drop, many of the juniors will do well anyway because prices are far above the cost of production. And if metal prices continue to rise, the stocks have the potential to rise much more. From here, PM stocks look poised to outperform the underlying bullion no matter which way it goes because the stock prices never really ran up with the bullion prices to begin with. No guarantees, of course, since we are just messing around. ;)[/QUOTE]
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