Thursday, May 9, 2013

Some gold miner stocks deserve the beatdown

Some of the gold-mining stocks are extraordinarily beaten down. Many of them deserve to be beaten down. I think more money has been lost in buying gold-mining shares over the past 100, 150 years than any other sector, including airlines and railroads. If you know the right ones, or right one, buy it, or them - because somebody will make a lot of money.

Jim Rogers

Warren Buffett

Nouriel Roubini