/biz/ - Business & Finance

>>29088508
>>29089040

You can look up virtually any known silver stock, First Majestic, Endeavour Silver etc. and see that it went up 20-150x from '01 to '11 (both those stocks went up 150x, I looked just now). So no, this behaviour isn't limited to the 60s, quite obviously. Doug Casey confirms what I just said that finding data from the 80s is difficult. "Digging up hard data from before the mid-1980s, especially for the junior explorers, is difficult because the information wasn't computerized at the time." I never bothered to do so because it's simply a matter of exercising your common sense. If I know that silver miners went up 150x in the 60s when silver doubled, and Don Durrett is telling me that in the 80s some traded at 30x cash flow and usually at at least 10x at a time when silver went up 36x in price then that's all that I need to know. Mike Maloney says that even a pantyhose company with the word "silver" in the name soared in 1979 and that that was typical behaviour.

Here's a list of gold juniors (not silver microcaps, which are much more leveraged) from the years 1979-1980 which Doug Casey collected. He found on average a 2,300% gain in those two years alone. He also found a 4,000% gain in the mid-1990s bull market, in which "a $10,000 portfolio with would grow to over $397,000." Presumably this should satisfy you.