Post by
richardtrader on Sep 05, 2011 1:44pm
coal vs gold whats better investment
Coal is BOSSSSS
check the video BNN
go to Equedia
type in symbol CMK
You be the judge,I've played COAL every fall and it is better
do your own DD
Comment by
stockhousepundit on Sep 05, 2011 5:43pm
Richardtrader,I like your enthusiasm, however, this BNN broadcast is 16 months old. Do you have anything to share that is more recent?
Comment by
richardtrader on Sep 05, 2011 5:55pm
NO I'm betting COAL will have better growth than GOLD short term 6-12 mthsThis is COAL season with Japan/China you name it they want it is cheapCoal is recession proven to surviveit will again even stronger,just watchdo own DDRichard
Comment by
ark88 on Sep 06, 2011 10:13am
"Coal is recession proven to survive"History certainly does not support your assertion. If the world economy tanks, met coal producers will be very vulnerable.The only glimmer of hope is that corporations are cash rich and willing to consolidate resources that have long term strategic value.
Comment by
Agman on Sep 06, 2011 11:07am
Agree, may be relevant for thermal coal - used for utilities etc., but not for met coal.