Down the Middle
I like Andrew Swans approach… fifty-fifty.
I am a very focused investor and on Jan. 1, 2003, moved my portfolio 100% into hard assets, 50% oil and gas and 50% precious metals.
Andrew shared some of his mining picks in a recent Forbes article.
I am currently adding to Northern Star Mining, San Gold and Metanor Resources, along with Century Mining. All are just at the sweet spot in the cycle and coming into production at just the right time. Another more speculative play I like a lot is Gold-Ore Resources,which has an operating gold mine in Sweden with an expanding resource. When buying junior mining stocks, it always makes sense to buy a basket of at least five to spread the risk.