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RE: The r0ach report vol 1: It's time to back up the truck for silver

in #money8 years ago

Really nice, informative article. Would love to see you discuss some of the best ways to gain exposure to silver. Maybe that will be volume 2.

I also want to say I agree with one of your article's commenters who pointed out that bitcoin's market cap is relatively so small that it wouldn't take much capital flight toward bitcoin to spike the price pretty dramatically.

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At the expense of Bitcoins , I fully support .relatively so small

Trying to decide on vol 2 for the future. Mining stocks have a higher upside than the metals themselves, but you also have issues like their location being in unfavorable territory where some type of 3rd world government can just come in and shut them down, kick them out, stop them from mining, whatever. You also have to figure out if all their costs and reserve estimates are legit. There's a lot of due diligence involved.

The information also goes stale faster. If I say some mining company is good now, it might not be a day or two later when someone actually reads this from price changes. There is also another argument, which I'm not sure if I buy or not, that people who make megabucks off mining stocks in an economic crash will have the government come in and take most of it in a windfall tax. Most people who are heavy into mining stocks also own lots of the metal themselves in their house, so that should tell you something.