While Bitcoin has seen impressive gains recently – rising more than 200% since August 2020 – the right gold mining shares have done even better over time.
Plus, unlike the “here today, gone tomorrow” vaporware profits of cryptocurrencies, the gains in gold stocks are tied to a real physical asset – tons of gold metal being extracted from the earth.
In just the past five years, investors in gold shares have pocketed life-changing profits… profits that have not vanished into the Internet ether the way cryptocurrency gains sometimes do. For example…
- Coeur Mining Inc (CDE) is up from $2.56 a share in 2015 to $8.39 today – a gain of 227%.
- Kinross Gold Corp (KGC) has jumped from $1.72 a share in 2015 to $6.96 today – a gain of 304.6%.4
- Sierra Metals Inc (SMTS) shot up from just 77 cents in early 2016 to $3.615 per share today – a gain of 368%.6
- Caledonia Mining Cp (CMCL) rose from $3.03 a share in 2015 to $14.857 today – a gain of 390%.
- B2Gold Corp (BTG) went from 75 cents in early 2016 to $5.048 per share today – a gain of 572%.
These are the solid triple-digit winners. And that’s just the tip of the proverbial iceberg.
If you’re investing in the highly volatile and risky cryptocurrencies market for the chance to make life-changing profits, you should know that the right gold shares sometimes see four- and even five-figure gains on occasion. For example…
- Kirkland Lake Gold (KL) shot up from $4.90 a share at the end of 2016 to $39.32 today – a gain of 702.4%.
- Maverix Metals Inc (MMX) was selling for just 8 cents per share back in June 2015 but quickly rose to $5.449 per share today – a gain of 6,700%
- Metalla Royalty and Streaming Ltd (MTA) skyrocketed from just 3 cents a share in December 2015 to $12.17 today – a gain of $40,466%.
That’s enough to turn every $5,000 into as much as $2 million in five years.
IN SHORT: If you’re looking for big potential gains, they are more likely to be found in small gold mining shares than in cryptocurrencies. The profits can be just as staggering in some cases… and they don’t tend to disappear overnight the way cryptocurrency profits can.