very simple. Don't buy gold stocks because you believe gold will...

  1. 816 Posts.
    very simple. Don't buy gold stocks because you believe gold will go to the moon. Treat it as a bonus upside.

    Assess how profitable it is as a BUSINESS and forget what commodity it is mining.

    It doesn't matter if it mines gold, tin or even tungsten. If the profit flows it will re-rate eventually.

    Why would you buy a miner that produces it at 1200$ and sells it at 1400$?


    Regardless, i prefer to buy when things are on sale. Sure it might drop.. that is why you don't buy it in one shot!
 
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