I have spent the last two years slowly accumulating gold & silver shares as funds have allowed. I don’t give financial advise but I do share with others what I am doing myself. Based on my personal observations and navigating through all the macroeconomic numbers, there is a true lack of ethics and integrity at the highest levels of governments around the world. With few exceptions, the elite think they have all the answers yet they continue to take actions that would indicate the opposite. If we were truly in a recovery, the Fed would not continue its Quantitative Easing campaigns. We would not be constantly dealing with another fiscal cliff. Government debt continues to grow. In the midst of all of this economic ugliness the average person is simply trying to retain value and acquire some form of insurance against economic calamity. In my view, hard assets have the best chance of retaining value.
The following chart provides us with a clue to the opportunity this year:
![clip_image002[1]](http://www.jsmineset.com/wp-content/uploads/2013/01/clip_image0021_thumb.jpg "clip_image002[1]")
If a person can acquire a portfolio of solid gold & silver mining, and energy stocks, the portfolio appears to be set for a substantial return on investment this year. My family owns shares in Silvercorp (SVM), Goldcorp (GG), McEwen Mining (MUX), Penn West Energy (PWE), Lexam VG Gold (LEX.TO), Chevron (CVX), and others. With the Federal Reserve creating new money at a record pace, the hard assets should increase in value. Well managed companies should see their share values increase. A global severe recession could change all of these assumptions and crush stock values. However, the underlying hard assets will still have value in a recovery. Dividends from senior producers are a plus.
Disclosure and Disclaimer Statement: The author has personal investments in gold and silver bullion, as well as in gold, silver, uranium and base metal mining shares. The author’s objective in writing this article is to interest potential investors in this subject to the point where they are encouraged to conduct their own further diligent research. Neither the information nor the opinions expressed should be construed as a solicitation to buy or sell any stock, currency or commodity. Investors are recommended to obtain the advice of a qualified investment advisor before entering into any transactions. The author has neither been paid nor received any other inducement to write this article.