• 316 days Will The ECB Continue To Hike Rates?
  • 316 days Forbes: Aramco Remains Largest Company In The Middle East
  • 318 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 717 days Could Crypto Overtake Traditional Investment?
  • 722 days Americans Still Quitting Jobs At Record Pace
  • 724 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 727 days Is The Dollar Too Strong?
  • 728 days Big Tech Disappoints Investors on Earnings Calls
  • 728 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 730 days China Is Quietly Trying To Distance Itself From Russia
  • 730 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 734 days Crypto Investors Won Big In 2021
  • 735 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 735 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 738 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 738 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 741 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 742 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 742 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 744 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

The Richest Man in the World is a Miner

What does the richest man in the world know that you don't?

Perhaps you saw the news a few months ago when the richest man in the world, Carlos Slim in Mexico, bought mining properties from AuRico in Mexico for $750 Million.

We find it interesting that other wealthy investors, George Soros (Soros Fund Management) and Moore Capital have sold much of their gold holdings while Carlos Slim is just entering this high risk - high reward business sector.

Carlos Slim has not become the richest man in the world by making stupid decisions.

He is a savvy business man and is not approaching the mining business from a short term perspective. He is not a trader and his long term views and confident in the mining business should not be overlooked by investors.

Following the lead of the richest man in the world cannot be a bad thing.

With gold hovering around $1576 an ounce and resource shares the most down and out investor sector, this seems to be a great time for investors to get started buying resource shares.

 


Visit our website, www.JuniorMiningResources.com for more information and to sign up for our email list and twitter account.

 

Back to homepage

Leave a comment

Leave a comment