gold, page-49417

I normally compare gold or silver to an index, which is a broad indication of the market, not individual stocks. I know all about Ansett, it went down for a variety of reasons which I won't elaborate on, but airlines are risky, just like gold miners. I was friendly with one of the Ansett managers at the time who was my neighbour (and who had a raft of letters behind his name) and expressed extreme doubt about its viability, but he was hardly likely to listen to a mere airline employee.

Buying stock in your own employer is very risky, because if it folds you lose your job and your savings. Check out what happened to the Enron staff. They lost $2 billion. it the all your eggs in one basket trick.

A list of airline busts in the USA alone.

https://en.wikipedia.org/wiki/List_of_airline_bankruptcies_in_the_United_States