Captain's Quarters

[JD400]

Doug Casey: Most Mining Stocks "Are Just Crap", Except These Ones (Part 3)

https://www.kitco.com/news/video/show/Silver-and-Gold-Summit-2018/2172/2018-11-08/Doug-Casey-Most-Mining-Stocks-Are-Just-Crap-Except-These-Ones-Part-3#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DSilver-and-Gold-Summit-2018

Guest(s): Doug Casey Founder, Casey Research

Doug Casey, founder of Casey Research, prefer the royalty streaming companies over traditional miners.
In an interview with Kitco News on the sidelines of the Silver & Gold Summit in San Francisco, Casey said that he likes dividends in miners.
“Now is an excellent time to buy into the mining business, even though it is the worst business in the world from a business point of view. It is a crappy, 19th century, choo-choo train business but the good news is that when these stocks are cheap and everybody hates them, these stocks are explosive on the upside,” he said.