July 12, 2011

Mining Stocks Vs. Owning The Metals

If you pick the right miner or the right oil company or the right anything you are going to make a lot more money than you will owning the metal, there is no question about that. But studies show that you are better off owning the metals themselves rather than the miners or the oil companies. - in CNBC

Related Tickers: SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Anglo Gold (AU), Goldcorp (GG), New Gold (NGD), Novagold (NG), Goldcorp Inc. (TSE:G), Kinross Gold Corporation (TSE:K), Yamana Gold Inc. (TSE:YRI), Yamana Gold Inc. (USA) (NYSE:AUY), IShares Silver ETF (SLV), Hecla Mining (HL), Silver Wheaton (SLW), Freeport McMoran (FCX), Rio Tinto ADR (RIO)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.