Woulfe Mining Corp WFEMF

Tungsten vs Gold

[StockExpertPro]

The reason Woulfe Mining's stock price is down today is because metal prices are getting hammered. In my opinion tungsten is currently a much better investment than gold China will be be taking great measures to raise tungsten strategic metal prices. China can impose a new resource tax, tighten up tungsten quotas and various other ways to raise prices. Plus Europe recently announced another $1 trillion stimulus plan. High-tech industries are driving tungsten demand even higher. Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world. The next major financial crisis could take another 10 to 20+ years. The United States is known for making dramatic comebacks. Ned Goodman made a big mistake by betting against the almighty dollar. He should have concentrated all of his efforts on Woulfe Mining and the tungsten project instead of running off to pump gold every chance he got. He claims to be a "Warren Buffett freak." Yet, he does the opposite of what Warren Buffett advises investors to do. Many investors, Warren Buffett among them, believe that gold is an inferior investment to tungsten and equities. Buffett made the following famous statement in May 2011: I will say this about gold -- if you took all the gold in the world, it would roughly make a cube 67 feet on a side. Now for that same cube of gold, it would be worth at today's market prices about $7 trillion dollars – that's probably about a third of the value of all the stocks in the United States. For $7 trillion dollars, you could have all the farmland in the United States, you could have about seven Exxon Mobils, and you could have a trillion dollars of walking-around money. And if you offered me the choice of looking at some 67 foot cube of gold and looking at it all day, and you know me touching it and fondling it occasionally Call me crazy, but I'll take the farmland and the Exxon Mobils.