I have a little bit in AG, but I don't really know if mining stocks are the best place to put your money. Not to say they aren't. On the contrary, for thousands of years investing money into PM mines have been the best things to buy and/or control. Many wars have been wages on those particular resources. Market crashes and control systems are based, in part, on PM mine stocks.
Having said that, I'm not convinced it much of a hedge. For example, if silver goes up, silver mines go up, and vis versa.
I do know silver will go up. It must. For both WH and BH, a silver market explosion has been part of the plan for a very long time. So I do think any mining stock is a reasonable investment. But for which one, I really don't know. I picked AG because it was the first one on the l list when I looked. Though I haven't put that much into it, both investment or investigation, so who knows.
My best guess it is relatively safe, and very likely to perform well. Better than physical silver? Probably not, but who knows. Physical has the advantage of being, well, you know, actually physical. So I weigh it highly on that personally.
I have a little bit in AG, but I don't really know if mining stocks are the best place to put your money. Not to say they aren't. On the contrary, for thousands of years investing money into PM mines have been the best things to buy and/or control. Many wars have been wages on those particular resources. Market crashes and control systems are based, in part, on PM mine stocks.
Having said that, I'm not convinced it much of a hedge. For example, if silver goes up, silver mines go up, and vis versa.
I do know silver will go up. It must. For both WH and BH, a silver market explosion has been part of the plan for a very long time. So I do think any mining stock is a reasonable investment. But for which one, I really don't know. I picked AG because it was the first one on the l list when I looked. Though I haven't put that much into it, both investment or investigation, so who knows.
My best guess it is relatively safe, and very likely to perform well. Better than physical silver? Probably not, but who knows. Physical has the advantage of being, well, you know, actually physical. So I weigh it highly on that personally.