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@Emotional Investor：So I got into gold in January this year. Brought into $Santana Minerals Ltd(SMI.AU)$. I actually didn't buy it because I thought gold was going To sky rocket. I brought it because I saw the long term potential for it to provide excellent returns. To be fair Santana (an Australian company) is not profitable yet, it has proven reserves of gold and the license to mine in the otago gold fields of New Zealand. While it's yet to start production, there is plenty of cash on hand to build the necessary infrastructure to start mining next year. And their business case when I purchased stock was based on a gold price of $3,500 to $3,800 an ounce. add to that serious management experience and the company is a no brainer for me. If you look at the graphs below, we'll both gold and silver have gone nuts this year, but more on silver in a bit. Santana stock is up 50% for me since January, because the gold price has gone crazy. So I started analyzing my success in gold, and quickly identified that silver laggs gold historically, but follows gold. you can see this in the charts below. So two months ago i brought $SILVER MINES LTD(SVL.AU)$. Very similar to Santana, proven reserves, licenses in place, and cash on hand to build the infrastructure to mine, but not profitable yet. It's up around 11% for me, a nice start. But gold and silver are very different commodities. Gold is about safety. It's not paper money, it's hard currency. The go to for trade for omg literally thousands of years. It's A great conductor in electronics, but at $4,500 an oz, verse $75 for silver, well silver is a way better choice. So silver has applications. Gold is just a historical safety net. And gold is stored, apart from the odd wedding ring. silver on the other hand is used. so to call silver the next meme, that's very unproductive. Actually Warren buffet once said about gold, it's just a shiny thing with no real value. I kinda agree, but yet it still remains the standard for human currency. A piece of paper worth $1 is actually worthless, it's a promise backed by gold. simple example, would you accept rubles from Russia right now, I would not. I would require payment in gold. But after all my ramblings, hope you are still with me lol, I will explain my investment strategy. I'm not buying gold or silver bars. Nore am I trading gold or silver futures. I'm buying stock in a gold and a silver mining company. I could buy an oz of silver for $75, maybe it goes to $80, or drops to $70. Not a good investment for me. Ok let's think outside the square. A hydro power plant has a massive battery that costs nothing. The battery is the water in their dam. That water can be used as needed, or not used. This is how I see the two mining companies I own. Massive silver and gold reserves, that can be used, or not used. Why would I buy a single silver bar, when I could put that same money into a stock that will produce not one but many silver bars for me going forward. Anyway that's my rant for today, I'd love your comments @Ragz @MillionaireTiger @TigerWire @TigerTrade @Tiger_SG
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