You are viewing a single comment's thread from:
RE: I’m a Gold Geek NOT a Gold Bug – The truth about investing in precious metals
Hi! How about gold mining stocks in the Philippines where the present Govt dislike gold mining?Obviously,most mining companies disregard the communities living in the affected land and practices arent really friendly to the environment.
Gold mining stocks arent being advised to invest on but looking at the Western economies, it might be a good idea to invest. This is from a newbie investor, like in months! Cheers!
I'd recommend staying away from any mining in unfavorable countries. Most of my stocks are Canadian based or in other stable jurisdictions. Personally I think they are setup for one more decent drop in the next 2 weeks and will take off again Sept 21/22 when the Fed says no rate hike
Thank you.Will leave it for the coming months and see how the volatility is by next year.