from King World News
On a day when Yellen spoke and gold and silver held firm, this is how people are making fortunes in the mining shares.
One Mining Company Strikes It Very Big This Week!
Eric King: “John, as you know there have been so many fireworks this summer. This has not been the typical summer for the gold and silver markets and the mining share markets. And your largest holding, Wesdome Gold, which I also hold six figures of shares in, hit a bonanza on their drill holes, didn’t they? What happened there?”
John Embry: “Well, you know it’s interesting because one of the beauties of owning gold and silver shares is there are two aspects: You can make a lot of money if the gold and silver price goes up because the leverage to the bottom line is obvious. But you can also make a lot of money if they have drilling success.