Too Late for Gold Mining Stocks?

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We have to keep in mind here that gold is the “money” used by the power elites of the world. I would expect industries – especially mining – that are closely associated with removing gold and silver from the earth to be more closely synchronized with gold prices than whatever the overall world economy is doing.

I expect the world economy, and especially that of the United States, to “take a big dump” sometime in the next two years or so. It may not all happen at once, but one thing is virtually assured: if you think paper is worth more than gold and silver, you will realize your mistake too late.

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