The Richest Man in the World is a Miner

By: Dudley Baker | Thu, Mar 7, 2013
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What does the richest man in the world know that you don't?

Perhaps you saw the news a few months ago when the richest man in the world, Carlos Slim in Mexico, bought mining properties from AuRico in Mexico for $750 Million.

We find it interesting that other wealthy investors, George Soros (Soros Fund Management) and Moore Capital have sold much of their gold holdings while Carlos Slim is just entering this high risk - high reward business sector.

Carlos Slim has not become the richest man in the world by making stupid decisions.

He is a savvy business man and is not approaching the mining business from a short term perspective. He is not a trader and his long term views and confident in the mining business should not be overlooked by investors.

Following the lead of the richest man in the world cannot be a bad thing.

With gold hovering around $1576 an ounce and resource shares the most down and out investor sector, this seems to be a great time for investors to get started buying resource shares.

 


Visit our website, www.JuniorMiningResources.com for more information and to sign up for our email list and twitter account.

 


 

Dudley Baker

Author: Dudley Baker

Dudley Pierce Baker
Founder/Editor - Guadalajara/Ajijic, Mexico
PreciousMetalsWarrants
A Market Data Service for Warrants

Dudley Pierce Baker is the owner and editor of Precious Metals Warrants. PreciousMetalsWarrants provides an online subscription database for all warrants trading on junior mining and natural resource companies in the United States and Canada.

Disclaimer/Disclosure Statement: PreciousMetalsWarrants.com is not an investment advisor and any reference to specific securities does not constitute a recommendation thereof. The opinions expressed herein are the express personal opinions of Dudley Baker. Neither the information, nor the opinions expressed should be construed as a solicitation to buy any securities mentioned in this Service. Examples given are only intended to make investors aware of the potential rewards of investing in Warrants. Investors are recommended to obtain the advice of a qualified investment advisor before entering into any transactions involving stocks or Warrants.

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