WCP: Stocks and The Birth Of The Bull Gold Market

QUESTION: What is the Muslim position, or what would be our position on the stock market? —California 

WDM: The stock market, in my estimation, is an investment. You're speculating. You're not involved in any usury.

I'm sure that we can't live without speculation if we are going to be dealing with people. The businessman has to speculate.

If I speculate that this commodity is going to sell better than this one, or that this commodity has a better chance than another one and I choose the one I think will be running best this year or for the next two or three years or whatever, and then I invest money in that stock, that's not gambling. That's speculation. That's not usury and it's not gambling.

Mike Swanson

It often takes one year of gains for the typical investor to get interested in something in the stock market, which is where we are approaching with gold right now. Investing in the first year of this bull market is a great strategy. The bull market for precious metals and mining stocks will likely last 3-5 years. Mike Swanson recommends people to put 20% of their money into gold stocks, and thinks this might be the biggest bull market we will see in our lifetime.

Doug Casey, the legendary Speculator is here to talk gold after we saw the break to $1,300 and the FED failing to raise interest rates in June. This is the top guy to learn from in investing in mining shares and getting 10 to 100 times your money back on gold!