/biz/ - Business & Finance

[Anonymous No.11471445]

Name one reason you don't own gold company stocks? Some got up 25 - 35% in last month

And no i am not talking about just gold, i am talking about barrick gold etc

[Anonymous No.11471490]

>muh shiny yellow rock stock

[Anonymous No.11471554]

>>11471445
>buys shiny yellow rock
>holds for 5 years
>it goes up 5 percent
>meh, 1 more year and I'll sell it for more
>goes back down to buy in price
>autistically screeches as he held in angst for all that time
>now has yellow rock that he paid thousands for
>decides to break even and just get rid of useless rock
>store 'jew'eler says he will pay half of what Grug paid , nothing more

Yes OP of course, yellow rocks are amazing assets. The use cases are endless

[Anonymous No.11471587]

>>11471490
>>11471554
Op clearly said company stocks not gold itself.

If you idiots had any idea of the precious metal market you'd be very interested.

Basically, there are by products from mining gold- uranium, copper, zinc and a couple other goodies.

The gold extraction companies have been hoarding the other precious materials on the side since it's not worth it to them at the current price to sell to the market. Once the market increases enough they sell the 5000 tonnes of uranium they've been stock piling for years at a massive profit to the company.

Do your own research you nay Sayers. I've been buying mining company stocks for pennies from one particular province for years and not one of them has failed.
They have a shitty quarter so they sell off extra stock the following quarter to make up for it.
It's actually quite simple and vey hard to lose when your gold trading is based on the company

[Anonymous No.11471632]

>>11471490
>muh 1's and 0's created out of thin air

[Anonymous No.11472392]

I’ve got 200k in thm