Author : Wayne Saman
CEO Wayne Saman is a greatly respected financial advisor…Wayne was born in Australia and is mortgage broker, accountant and financial advisor. He served as a key principal in roles as Manager in Scientific, and Technical Consulting Services, and Management consulting services at Freedom Financial Consultants. He has extensive experience in all areas of business advisory, with expertise in taxation advice, planning, business structuring and development, self-managed superannuation and management advice. His portfolio of clients extends across a broad spectrum of industries and services.
Wayne Saman Experience
Wayne worked in FREEDOM FINANCIAL CONSULTANTS PTY. LTD. which is located in IVANHOE EAST, VICTORIA, Australia and is part of the Management, Scientific, and Technical Consulting Services Industry. FREEDOM FINANCIAL CONSULTANTS PTY. LTD. Employees and Sales figures are modelled).
People often wonder which is the best investment today when it comes to mining stocks and gold. After all, when you look at the price of gold versus other investments, such as oil, gas, or even stocks in the stock market, it seems that there is a lot of money to be made with precious metals. But there are some key differences between the two that people must be aware of before they decide which one to invest in. First of all, when it comes to mining stocks and gold, the profit margins are much lower because gold mining is expensive, by nature. This means that investors need to be prepared to lose a few percentage points on their investments on a regular basis.
However, these are the most profitable mining stocks regardless of current market conditions, with the lowest 12-month trailing price to earnings (PE) ratio. Companies that fall into this category include Capstone Energy Corporation, Goldcorp, and Mercury Metals Corporation. The low price of gold has been a major reason for mining stocks to rise over the past year. In fact, they have already begun to do so as we speak. And since companies in this category are known for their ability to profit even during times of economic downturn, the profit margin is very attractive.
If you’re looking for a place to invest, Canada may be a great place to put money down. There are many mining stocks available in the Canadian market, and there are even more out there in Latin America. Many investors have found that Canada offers excellent growth opportunities, especially with the recent announcement by the Canadian government that it would allow new corporations to open up in Canada without needing first getting a financial investment from Canadian investors. As long as Canadian investors are able to secure some mining stocks, then the country has the potential to become a major player on the world stage. While investing in mining stocks may not be the sure fire way to make money in the near future, you should definitely consider it as an option to explore.
Article
Wayne Saman