Mining Companies or Physical Gold?

[purewonka]

Which is better to own? As the price of gold increases, I find that my mining stocks increase even more dramatically. My problem is that I am having a hard time sitting on my hands through the corrections. As the mining stocks increase more dramatically, I find that they also decrease more dramatically with the price corrections. I'm sitting tight--not selling. I'm a newbie. I started investing last summer and have had crazy good fortune, but can it last? Can all of this talk about $1,000-$6,000 gold actually be realistic? I do my research. It seems likely, but when the speculators take profits and the price drops, I question my judgement. What do I know? like I said, I'm a newbie. Thoughts?

[delkulara]

Aloha purewonka

Which is better to own?

I only hold gold in the physical,I love its presence to be around me as its nobleness enhances my reality.
(you are what you eat kind of thinking)not that I eat it lol although I did once on a gold leafed cake.

I think gold mines stocks are a real part of the equasion,and am glad others sow seeds there.I am sure some other "gold price" members will have some deeper advice in this area.

Can all of this talk about $1,000-$6,000 gold actually be realistic?

I think 6000 is to wish for world disaster,
(any genie would say that is stupid wish)
but 1000 is looming as we weave UP & down sewing the fabric of mankinds expansion & growth.
(notice I stress the UP side)

What do I know?

You know a lot,I know this because you have already invested in gold before the recent swing upward.
Dont ever underestimate yourself and you shall stay safe.

Peace and Aloha