Gold, Silver, and Mining Stock FAQs: Protecting And Finding Upside From The Eventual Fate Of The Dollar

Buying physical gold & silver, not GLD or SLV, should be the first priority in seeking shelter from the fate of the dollar, but mining stocks…

by Dave Kranzler of Investment Research Dynamics

The behavior of the mining stocks since early August is the reason why I am emphatic in recommending to never go “all in” and to keep plenty of cash on hand to take advantage of market pullbacks.

The pm sector has had a massive up-cycle since mid-March.  Consider this:   since the market bottom in March, GDX is up 84% through this morning (12/10/20). GDX has outperformed all of the major stock indices including the Nasdaq, which is up 80.4% over the same period.  I am positive that fact would take most market participants by complete surprise.   After all, the precious metals sector is never discussed by mainstream financial media unless it’s in a negative context.

Chris Marcus (Arcadia Economics) and I talk about investment allocation in the precious metals sector and why you’ll be better off in the long run converting as much of your fiat currency-based investments into gold and silver:

Buying physical gold and silver – not GLD or SLV – should be your first priority in seeking shelter from the eventual fate of the dollar.  But mining stocks offer the potential wealth enhancement as well “optionality” upside to the prices of gold and silver. If you would like some ideas for investing in mining stocks, take a look at my  Mining Stock Journal.

Subscriber feedback:   “Accurate information with integrity is hard to find in a system of hype and get rich now mentality. Individuals are not interested in doing their own homework, critical thinking. Due diligence. Just listen to the “experts.” This is where your service excels. Data. Possibilities and pitfalls. Encapsulated in a frame of reference most can appreciate but not achieve individually. Worth paying for? Value established. Your service has done the job and done it well in providing the tools now it is time to use them wisely. THANK YOU.”