Quote:
Originally Posted by tirebob
How do you feel about metal and mining right now? Things like copper, gold and silver seem to continually be on the rise and only going to be more important as we move ahead for the near future anyways is what I am thinking.
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I was holding some commodity stocks in grains, fertilizer, copper, lumber, steel, oil, and uranium. The only stuff I still have is some oil shares I am short term trading, using only the profits I made on the first oil/gas purchases a few months back. Sold off enough to get my original investment in oil stocks back out so am playing with the houses money now. Most commodity stocks have the same issues as Tech. Volatile, cyclical, don't pay dividends, most outside of North America have significant political and enviro risks. I short term trade them, not a long term hold area. Even buy and sell I only buy the real big players like Inco, Newmont, Canfor etc.Never the juniors or start ups.