Golden queen mining

By kathy123, September 4, 2012

I bought Gqm when I subscribed to John doodys newsletter but I gave up on him and Gqm doesn’t seem to do anything , what do others think , should I sell?

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2 Comments on " Golden queen mining"

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John Doody matched the performance of Berkshire Hathaway during a decade long bull market in gold. The pullback in gold hurt Doody’s performance just as the market collapse of 2008 hurt Berkshire Hathaway. If you want the returns of higher risk, each is near the top of their field. Doody recommends getting 10 different stocks because single stocks are highly risky, due to political uncertainty, accidents, management missteps, resource anomalies, costs to get metals to market, and market pricing risks. Doody shows GQM at higher risk and higher potential payback. It is an individual choice what risk you want to… Read more »
I subscribe to John’s newsletter, and he explains his rather thorough and complicated investment strategy in the monthly newsletters. He not only handicaps the field of 60 gold miners (and I think 25 silver miners now also?), but gives you the ones that have the most potential to double within a year or two. One the one hand, that may seem like a risky bet since he is asking for such high growth in his portfolio, which to his credit, he has been able to deliver. On the other, he basis it on many factors which significantly narrows down the… Read more »