Peter Schiff: Opportunity of a lifetime in the gold mining sector (Fox Business 7/22/13)

[jct74]

and gold to $5,000 or higher...


http://www.youtube.com/watch?v=902PPETlWFE

 

[Arklatex]

There are some incredible steals in mining equities right now. If you're not sure which one to go with the ETF GDXJ will work

 

[cubical]

I am still not sure how the miners will transition into a gold reserve world. But assuming they make it though without many hic-ups, my favorites are COLUF, ANV, and SAND(or any of the other streamers, FNV or RGLD). Invest at your own risk though!

 

[gwax23]

I am still not sure how the miners will transition into a gold reserve world. But assuming they make it though without many hic-ups, my favorites are COLUF, ANV, and SAND(or any of the other streamers, FNV or RGLD). Invest at your own risk though!

Im going to look into those. Thanks!

 

[Jordan]

EPGFX

Front Load 4.50
Back Load -
Current Mgmt Fee 0.80
12b1 Fee 0.25


Anyone who buys his new fund is a dipshit. People should go to jail for selling this stuff.

 

[jclay2]

EPGFX

Front Load 4.50
Back Load -
Current Mgmt Fee 0.80
12b1 Fee 0.25


Anyone who buys his new fund is a dipshit. People should go to jail for selling this stuff.

Agree. I like many of Peter's videos but it is clear that his ultimate motive is to manipulate individuals to steal their money. Why would anyone buy this stupid fund when they can go get an etf that does the same thing for extremely low costs.

 

[Jordan]

Agree. I like many of Peter's videos but it is clear that his ultimate motive is to manipulate individuals to steal their money. Why would anyone buy this stupid fund when they can go get an etf that does the same thing for extremely low costs.

I wish I knew.

In all fairness, his fund company usually offers no-load Class I shares, but you have to tolerate 25bp in additional annual expenses. Either way, it's hard to justify owning anything with an expense ratio above 1%. It's absurd. Peter tarnishes whatever credibility he has with every new fund launch.

 

[Brian4Liberty]

EPGFX

Front Load 4.50
Back Load -
Current Mgmt Fee 0.80
12b1 Fee 0.25


Anyone who buys his new fund is a dipshit. People should go to jail for selling this stuff.

Lol! 4.5 Front load?!!

Sucker investment.

 

[MRoCkEd]

Almost a scam, and I hope nobody invests in it.

 

[TruthisTreason]

I would suggest shorting Hecla Mining Company.

 

[RickyJ]

I am still not sure how the miners will transition into a gold reserve world. But assuming they make it though without many hic-ups, my favorites are COLUF, ANV, and SAND(or any of the other streamers, FNV or RGLD). Invest at your own risk though!

Shoot, I wanted to invest at somebody else's risk like the bankers do. I want to become a banker but I don't think they will let me in that cult.

 

[toathis]

Peter Schiff stand-up

 

[oyarde]

There is no way to figure which miners might make it at this point , pick two , same as roulette, almost , of course it may pay off , not for me, I will take physical , if I felt like mining , I would buy leading mining equipment mfg, winners buy from that .

 

[Arklatex]

I have to critique those three picks, none of them have free cash flow, plus two of them are tied to each other

http://www.ottawacitizen.com/busine...y+reveals+needs+more+money/8665806/story.html

That mess is financed by Sandstorm

 

[Arklatex]

Cubical, I dogged your picks but I have to share, I picked up some colossus yesterday at .59 !!!

Should I sell it now for a quick profit? Or should I hold it like I planned until that gold/platinum/palladium group metal mine is in production? That's what intrigues me, there just aren't many platinum group mines in the world, outside of anglo-american and russia.

Understand the reason the stock has tanked is they have no operations to fund this mine, only shareholders to dilute. Compare that to Aurcana, their opening a large mine, facing water issues and delays, but they have a producing copper mine to fund their escapades.