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Thursday, 12/29/2011 5:25:44 AM

Thursday, December 29, 2011 5:25:44 AM

Post# of 67010
2012 will change all this!!!!!!!!!!!!!!!

Recently from GATA... It's not often GATA posts what you don't wanna hear...

"Gold is up 12% this year but shares of gold miners have fallen almost 16%.
Smaller gold miners are down almost 40%, based on the returns of leading
exchange-traded funds tracking those stocks."

http://www.gata.org/node/10826

=== I believe this is the primary reason typical small stockmarket investors no longer
show much interest in mining shares:

"Investors who once turned to gold miners to gain exposure to bullion now
can purchase exchange-traded funds that are backed by gold."

=== Back in the 1980's and 1990's, when I was into those markets, there were no ETF's
and it was not possible to {easily} "gain exposure" to the Gold price. Mining shares
were the only venue, other than Physical coins or Futures, which needed complicated
and very risky/costly special brokerage accounts...

=== plus, shares were always such a hassle, since I had to "diversify" amongst so many.
A person risked losing his shirt on most, to squeek a tiny profit or dividend from one
or two others...

=== Had there been Gold and Silver ETF's in those days, I'd probably have used those instead.

=== Today, of course, I avoid them all. Physical is the only safe way for Metal fans.

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