Why you might ask? Because I just blew out of any American Equities we had left. I am going into Canadian Mines and something I like to call a BRIC.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." - George Soros
This website is not giving unsolicited financial advice. Past performance is no indication of future profits.
Who am I kidding. I'm fucking right all the time. Just ask my cousin Danny how much he wishes he had bought more RNAI when I put him in at a buck. Then ask him if he wishes he didn't start taking profit at $7. I believe Merck bought it at $13.
I like JAN.V MJO.V GXM.V KBGCF.PK and RIO. None of them are dollar backed.
Most of them are sources of indium, selenium and gallium. More importantly. None of them have any worrisome exposure to Central & Western Africa or the risk that such ventures currently enjoy. Demand for In, Se and Ga is about to shoot through every light fixture on Earth as people wake up to the magical wonders of LEDs and Solar Cells. Either one is a hot market place right now and those stocks are all over valued but not the mining stocks. Mines that will supply the raw materials of either one of those technologies will be even more lucrative if both technologies take off. I may actually live to see retirement instead of dropping dead from a Monday morning heart attack.