01/06/17

GOLD – The Ultimate Buy and Hold [feedly]



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GOLD – The Ultimate Buy and Hold
// Silver For The People

milesfranklin.com / by | May 31, 2017

Last night, I was telling my wife of the frustration the past five years has wrought on Precious Metal holders – or, as they call them in the Bitcoin world, "hoddlers."  It's been far worse, and longer, in the "paper PM investment" world – as the Cartel has not only annihilated mining shares, but the mining industry as well; as not only have reserves been decimated, whilst mine production has – perhaps, permanently – peaked; but share counts and debt burdens have exploded, limiting shares' upside potential even under the best case scenario – which fortunately, must inevitably arrive.

To that end, since exiting mining shares six years ago, I have consisently said they ...

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