Good stuff. My take...miners will keep going lower as long as tech keeps rising. Yes, you will probably have a chance to get them cheaper, but most likely later this year you'll be looking at 3-5x. You have to buy when every instinct you have is telling you to stay away. I'm adding now from my cash balances that have been sitting out of a while and will have 80% positions by the end of the month. This is the time to buy. Again, just IMO. BTW, NEM has a 5% dividend yield right now. Another 10% drop, which is likely, and that goes to a 7.5% yield to wait for the printer to rev up. Better than t-bills.
Snart money in the mining business buys early, hypes garbage at conferences, then dumps this crap on the fools who believe them. Adrian Day is the only one of these guys with a shred of credibility.
Great panel! Gold, Silver, Uranium!
Good stuff. My take...miners will keep going lower as long as tech keeps rising. Yes, you will probably have a chance to get them cheaper, but most likely later this year you'll be looking at 3-5x. You have to buy when every instinct you have is telling you to stay away. I'm adding now from my cash balances that have been sitting out of a while and will have 80% positions by the end of the month. This is the time to buy. Again, just IMO. BTW, NEM has a 5% dividend yield right now. Another 10% drop, which is likely, and that goes to a 7.5% yield to wait for the printer to rev up. Better than t-bills.
Great Panel there!
Snart money in the mining business buys early, hypes garbage at conferences, then dumps this crap on the fools who believe them. Adrian Day is the only one of these guys with a shred of credibility.
I started buying puts on U companies
I’m out of uranium. I am risk on with gold, silver and copper.
I'm risk on with gold, oil and coal. Stopped buying uranium but not selling
Are you buying copper miners?
@@scottyflintstone me? No. But copper is often a by product of gold mines so I get indirect exposure.
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