2min chapter

Mining Stock Education cover image

“If You’re Not Buying Now, Then When Are You Going to Buy?” says Pro Gold Stock Investor David Erfle

Mining Stock Education

CHAPTER

Are You Buying a Gold Producer That's Going to Pay You to Wait?

Some of the companies you invested in that you currently hold in your portfolio are some of those executives lowering their salaries considering the market conditions. What about the gold producers? Some of which are paying a 5% dividend. Just because these mining companies are paying large dividends right now, doesn't mean they're going to be paying them in the immediate future if the gold price remains below $1,800. If we believe gold is going up, would it be better to just buy a gold producer that's going to at least pay you to wait? What's your take on that right now? I understand where you're coming from.

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