The Depression Era And Gold Mining

It was all about distributions during the depression era, as stock prices declined. Gold mining in Canada became the prominent growth industry. Paying dividends was more important than equity value. The question is, would you rather start at the outcrop or buy an historic mine from the depression era?

Vancouver Sun, March 29, 1933 'King Gold'

http://ow.ly/5a2dh

Google Search - Lots to read about gold mines and dividends

http://ow.ly/5a2iA

Equities have been in a bear market in inflation adjusted terms for over a decade. Promising equity returns via mergers and acquisitions, or some magical reference to increased equity prices is nothing short of a swindle. Rodney Orr should pay some serious attention. By making boastful claims of equity returns, he may be endangering the stock.

Gold miners themselves have not performed in their share prices against gold either. Years of data stand as a direct contrast to claims of a bull market in equities:

stockcharts.com

-F6