This industry has never in history done anything for long term investors. It is only for the benefit of miners and management and bankers. The miners are always wanting more. Management takes huge salaries and never works for the benefit of shareholders and there is so much corruption at every point along the way. It should be destroyed as should banking as we know it today. They are both evil enterprises. If there was a way to bring integrity to either industry then it would make sense. There is no IBM of Mining. It grew at 17% per anum for 40 years. Mining destroys the environment. Consumes labor,takes huge amounts of capital and produces door stops. It is a terrible business on all fronts. Name a redeeming quality. JMHO
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