September 2020
Intermediate to advanced
272 pages
6h 24m
English
book
China's Rise and the New Age of Gold: How Investors Can Profit from a Changing World
by Stephen Leeb, Donna Leeb
Content preview from China's Rise and the New Age of Gold: How Investors Can Profit from a Changing World
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21
Investing in Gold, Part 2: The Miners
THIS IS NOT hype. Honestly. In a major bull market in gold, if you invest in the right mining companies, you can ultimately make 40 to 50 times your money. Maybe even more. Of course, there are no guarantees. You might make “only” 20 times your initial investment in one mine or overall. And some mines might run into problems and turn out to be poor investments.
When it comes to investing in gold, I admit that my personal preference runs to focusing on miners. The best-situated miners offer the greatest leverage to gold’s gains. They’re easy to buy. Some even pay a dividend. You have a range of choices, from the more speculative junior miners to large-cap companies with a proven record of production. ...