It is at times like this that I take comfort from the following 3 graphs. When  started investing in miners not only did I buy the wrong ones, but I did not take any profits thinking that once the Bull started it would be a ride up. I now know that along the way there are some very big pullbacks as these graphs illustrate, so apart from always keeping a core of good juniors, and also some explorers, I now take profits when they exceed 40-50% and sometimes lower. This latest pullback has once again reminded me of this and I am better placed this time than last summer when I just sat and watched my funds fall.

Somehow I have to learn how ride these waves better and as can be seen below, even with the larger miners like ABX they can be very big! Amazing how it went from around 46 to 15 in a very short period. I still love to invest in them as where else do you get this kind of ride. I expect I may get tired of it one day and buy some dividend stocks, but not just yet!

These are all from Sir Fully’s previous posts and the last one is the one I am looking forward to it being on the money but perhaps a month or too later on this year 🙂