Misfit Christians

A gold stock investment is more central now that ever. In fact, it should be a staple of everyone’s portfolio. This isn’t just the token tiny percentage placed in your account to make things appear “balanced” either. Gold stocks, along with rare earth metals, will be the best performers of this decade. The following are some of my best mining share market tips. Gold Stock Investment For Profit? In the past, having a gold stock investment of sorts was seen as defensive in nature. It was a way to “protect” assets. It usually involved a financial planner advocating 5% or so of your portfolio to precious metal as a default way of diversifying. Whether or not that was ever even a good idea at all, as a default rule, the fact of the matter is that we are not currently operating under normal circumstances. While there’s no doubt some money has been made, the reality is that the stock markets have been about flat if you take a snapshot across the first decade of this new millennium. By contrast, gold has steadily risen for ten years in a row. The simple fact that the one commodity that functions as real money pushes higher year after year for a decade is alone a sign that things are not well behind the scenes. While we’ll look closer at that in a moment, the indisputable fact is that folks reasonably well represented by some sort of gold stock investment turned profits that put the broad markets to shame. Rather than point fingers and shuffle blame, let’s just look at some facts that are critical to your decision to be well-positioned in a gold stock investment. Again, I’m not suggesting one thing caused another, but it’s sufficient to see the correlation and know we’re in serious trouble. President Nixon closed the gold window in 1971, effectively removing the gold backing for paper money. Since then, the American government, and other nations around the world, has been slaying the forests to print paper money at an unprecedented level. Since that time, in the era of easy money created out of thin air, we’ve seen a stock market meltdown in 1987, hedge fund disasters in 1998, major companies collapse, technology company collapses, housing collapses, and so on. In short, the house of cards is crumbling. Precious metals are inherently valuable precisely because they cannot be manufactured like the paper money that has been central to our worldwide financial problems. Gold Stock Investment Preferences My favorite gold stock investment, hands down, is a well-selected basket of Canadian resource companies. Canada is home to some of the greatest deposits of natural resources on the planet. But there is action all over the globe. And even foreign companies seek to get listed on the Toronto Exchange, as it is a user-friendly trading environment that is friendly to miners. Apart from mining companies operating in, or listed on the exchanges of, Canada, there is a thriving economy that employs about 1,000,000 people.

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