On Page 155 of the "Investor's Guide to Penny Mining Stocks," Robert Bishop notes Jane Bryant Quinn's sage advice that staying alive as a forecaster means following one rule: give them a number or give them a date, but never give both at the same time. Bishop writes, "flying in the face of Mr. Quinn's counsel, my own guess is that gold will easily exceed its 1980 record high...between now and 1990." Such is proof that a book does not have to be perfect to be very, very good. Bishop's early-chapter coverage of mining stocks, mines, and strategies remain both thorough and invaluable, though the modern investor will need to update his own strategies to account for online trading, discount brokers, and the ability to find information as fast as a Google search. Necessary homework aside, "The Investor's Guide to Penny Mining Stocks" remains one of the few must-have books for the investor new to the field, because it illustrates in a single volume the rules an investor must follow in order succeed in the markets, and how the first rule is perhaps to ignore those forecasters who offer both a number and a date.
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