Varmint
NES Member
Mining stocks are not an indicator of the Gold Bullion market. Share or Stock, you own paper and Mining Comps have been misaligned from Gold for almost 10 years. Ton debt, CEOs bloated salaries, high operation costs etc.. IMHO Bullion is the better path, plus its liquid.
You have to be very picky with mining stocks, but I like them cause (a) easier to buy with 401k money than PMs, and (b) you get leverage - you aren't ever going to get a 10-bagger buying gold. I hope not anyway, that would be scary!
I use a paid newsletter mostly to pick mining stocks (or any individual stock), don't have time or inclination to do my own research. I will occasionally buy based on podcast mining experts, once I've seen they have a proven track record.