Making It In Mining - Page 1 of 3

Historically when share prices for the latest, the most exciting, the darlings of Wall Street plunge to "new, record lows" then the value of precious metals starts to climb.

But, the last time this happened, with gold going to $800 and silver to $50, a lot of people learned that holding precious metals had a lot of hidden costs. Not only was there no interest paid in holding, safe storage cost real money.

The next best thing to holding, according to many analysts today, may be to buy stock in a megalithic international mining conglomerate. The down side here is that the small, individual, investor is even more at risk of loosing out to the "insiders."

Remember that the fortunes of a company can dramatically change overnight by a drill core revealing that the anticipated results of an exploration program can be—say in the case of the Ranchers silver project at Escalate, showing up thirty times the value experts expected. And in this situation as this a casual laborer on the site can, with a single cell phone call, send all sorts of signals, to all sorts of investors interested in playing the market, for the market itself.